Bergesen Buys Its Own Shares

Friday, September 03, 1999
Bergesen d.y. Group has reportedly bought 3,758,005 of its own "A" voting shares and 829,400 "B" shares. Officials said the group acquired the A shares at $15.84 per share and the B shares at $16.32 per share, adding that the shares represented its total holding in the company.

Contracts

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

C-Job Designs Flettner Freighter for Switijnk

The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile.

Yangzijiang Shipbuilding to Slash 2,000 More Jobs

Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up

 
 
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