Elf, TotalFina Agree On Friendly Merger

Monday, September 13, 1999

French oil company TotalFina has reportedly agreed a friendly merger deal with Elf Aquitaine, bringing to an end their takeover fight and creating the world's fourth largest oil company. TotalFina Chairman Thierry Desmarest will head the new group. The board will comprise nine Elf directors, nine TotalFina directors and four directors representing the Belgian shareholders within the TotalFina board.

Escort Tugs in San Francisco Bay

Indian Navy Chose Ullman Seats as New Standard

MARAD Deputy Matsuda Resigns

Has Shipbuilding Hit Bottom?

Harkand Set to Acquire Veolia Marine Services

People & Company News

Deepwater Waterjet Highlighted by Chukar

Chukar Waterjet, Inc. has released a new brochure highlighting its subsea waterjet equipment. The brochure outlines Chukar’s deepwater subsea waterjet skid capabilities

Greene's Energy Name Regional Manager

Juan Gonzalez Jr. appointed as Western Regional Manager for the company’s Testing and Services business unit. Based in Alice, Texas, Gonzalez will oversee the

Hapag-Lloyd Cuts Losses in Q1 2013

The company reports its earlier loss significantly reduced in first quarter 2013 financial results. Financial highlights: Freight rate up 4.2% year on year

Legal

IMO to Shed Light on HME Disposal Confusion

Guidance circular to be issued for ships calling at ports without reception facilities for Harmful to the Marine Environment (HME) waste, including Hold Washing Water (HWW).

Singapore: Illegal Bunkering Activity

The Singapore Maritime and Port Authority (MPA) issued a news release stating that four persons are being charged with corrupt practices for conspiring to engage in illegal bunkering activity.

Jumping Off the Fiscal Cliff?

It’s more of a Downward Slope for Maritime, Transportation, and Energy Programs You are not alone if you are bewildered by the talk in Washington about “sequester,