H&W Decision To Come Soon

Thursday, August 24, 2000
Norwegian offshore group Fred Olsen Energy said it aimed to resolve next week the fate of its Northern Irish Harland shipyard, famed for building the ill-fated Titanic. It said in a statement that its board of directors had met on Thursday to address the "present difficult situation at Harland and Wolff" and that "alternatives were being considered with a view to agree on a way forward during next week". It said the yard's future was at risk due to a refusal by American rig owner, Global Marine, to pay a final delivery installment of $34.09 million on completion of the Glomar Jack Ryan deepwater drillship.

Shipbuilding

Matson Orders Two ConRo Ships from NASSCO

Matson Navigation Company, Inc., a subsidiary of container shipper Matson, Inc., has signed a contract with U.S. shipbuilder General Dynamics NASSCO to build two

MN100: Conrad Shipyard

The Company: Conrad Shipyard was established in 1948 and is headquartered in Morgan City, Louisiana. The company designs, builds and overhauls tugboats, ferries,

Heavy Lifting: Giant Pipe Racks Shipped for New FPSO

From Brazil to China and then back to Brazil, five pipe racks and three modules weighing a total of 1,871.51 metric tons and measuring 24,075 m³ will be transported

Ports

Matson Orders Two ConRo Ships from NASSCO

Matson Navigation Company, Inc., a subsidiary of container shipper Matson, Inc., has signed a contract with U.S. shipbuilder General Dynamics NASSCO to build two

China COSCO Falls to H1 Net Loss

China COSCO Holdings Co Ltd fell to a first-half loss hurt by a persistent slump in the global container market, the world's fourth largest container shipper said on Thursday.

New Crane Orders for Huisman

Huisman has secured new crane contracts with a total value of around 300 million Euro from various major offshore, shipping and wind farm installation contractors: •

 
 
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