RCL Signs Letter Of Intent For Two Vessels

Tuesday, November 16, 1999
Royal Caribbean Cruises Ltd. signed a letter of intent with Meyer Werft shipyard in Papenburg, Germany to build the third and fourth Vantage class vessels. RCL officials said the total contract price for the two ships was $800 million. The deal includes options for two more ships. RCL officials said the vessels, as yet unnamed, are scheduled for delivery in June 2003 and June 2004.

Contracts

Banks Halt Support for Hanjin

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Austal Dives into Loss

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Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

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Legal

OSV firm Farstad Continues Restructuring Talks

Supply firm Farstad Shipping's CEO Karl Johan Bakken repeats is in stand-still agreement with lenders until Oct. 1   Notable disclosures: * CEO says is talking

Banks Halt Support for Hanjin

A bankruptcy would be biggest ever for a container shipper. Hanjin Shipping Co's banks are halting support for the South Korean company, its lead creditor said,

DNV GL Launches New Approach to Manage Uncertainty in Risk Assessment

There is increasing emphasis from regulators on addressing uncertainty in risk assessments to improve safety. DNV GL’s new paper, ‘Enabling confidence – addressing uncertainty in risk assessments’,

 
 
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