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Aug 09, 2001
A Cypriot tanker is being been detained in the eastern Canadian province of Newfoundland after a reported collision between a cargo ship and a U.S. trawler off
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Aug 09, 2001
Merrill Lynch on Thursday said it cut its rating on oil drilling companies Rowan Cos Inc., ENSCO International Inc. and Global Marine Inc., citing slack demand in the Gulf of Mexico drilling market.
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Aug 09, 2001
British shipping and logistics group The Peninsular & Oriental Steam Navigation Company (P&O) said on Thursday its Ports unit had won a 30-year concession to develop
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Aug 09, 2001
A Greek-owned shipping company said on Thursday it would seek damages from holders of its defaulted junk bonds who last week "arrested" one of the company's ships
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Aug 09, 2001
U.S. naval forces are poorly equipped to counter a growing mine warfare threat and are about to lose the potentially decisive ability to plant sea minefields of their own,
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Aug 09, 2001
Chiles Offshore Inc. (COD) has executed a three-year contract with BP Trinidad and Tobago LLC for the use of the ultra-premium jackup drilling rig the Chiles Coronado,
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Aug 09, 2001
Coflexip Stena Offshore International has been awarded through Single Buoy Moorings (SBM) a significant part of the mooring and installation package for Shell Nigeria
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Aug 09, 2001
The Peninsular & Oriental Steam Navigation Company (P&O) said its Ports unit had won a 30-year concession to develop a container terminal in India worth $170 million.
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Aug 09, 2001
Greece's Skaramanga shipyard workers are in favor of a Hoawaldtswerke Deutsche Werft-Ferrostaal (HDW/FS) offer to buy out 100 percent of the shipyard for 1.5 billion drachmas ($3.
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Aug 09, 2001
Rates for VLCCs collapsed by 15 percent overnight as shipowners scrambled to book voyages out of the Mideast Gulf before September 1 when OPEC cuts are expected to hit tanker demand.
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