STX Shipbuilding Wins Orders

Monday, May 13, 2002
According to wire reports, STX Shipbuilding of South Korea has won orders from two companies for seven chemical product carriers for a combined $210 million. Four 70,500-dwt product tankers are reportedly destined for SAF Bulk Maritime of South Africa, while three 45,800-dwt carriers are said to be going to Arminter of Monaco by the end of 2004.
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Contracts

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Statoil Awarded Licenses Offshore Nicaragua

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Crowley to Manage 4 Jones Act Ships for Pasha

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Finance

US Oil Contango Vanishing as Supply Glut Shifts Abroad

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Mexico Removes Bid Limit on Shallow Water Oil Tenders

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Wärtsilä Acquires L-3 MSI

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