Bill Introduced to Extend TRIA

Wednesday, November 16, 2005
Representative Baker (R-LA) introduced the Terrorism Risk Insurance Revision Act of 2005 (H.R. 4314) to extend the applicability of the Terrorism Risk Insurance Act of 2002. The purposes of the bill are discussed in the Press Release issued by the House Committee on Financial Services. Source: HK Law

Offshore

New Offshore Gangway Launched at ONS

The new Barge Master Gangway will be presented at the joint booth of Barge Master and Bosch Rexroth during the international offshore trade exhibition ONS (Offshore Northern Seas) in Stavanger.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

STX to Slash Jobs, Sell Yard

To stay above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

 
 
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