Hyundai Merchant Stock Rises

Monday, June 11, 2001
The stock price of Hyundai Merchant Marine, which runs a ferry tour to North Korea's Mt. Kumkang resort, was up 4.9 percent at 3,225 on Monday in active volume of 3.3 million shares. The stock rallied after local reports that Hyundai and North Korea have agreed to open a cross-border route to the resort area to reduce Hyundai's costs to operate the cruises. - (Reuters)
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Offshore

ABS to Class First Self-elevating Unit Built in Qatar

ABS, a provider of classification services to the global offshore industry, was selected by Nakilat-Keppel Offshore & Marine (N-KOM) to class its LB310S liftboat,

Industry Partnership to Enhance BOP Maintenance

The maintenance of blowout preventers (BOPs) has significant financial, logistical and safety implications for drilling operators and rig owners. DNV GL has now

Transnet National Ports Authority Orders 9 Voith Water Tractors

In South Africa’s largest local shipbuilding contract Transnet National Ports Authority has ordered nine new Voith Water Tractors (VWT) for use in several ports across the country.

Finance

Big Increase in Port of Houston Steel Cargoes

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Textron Awarded $22-M Navy LCAC Contract Modification

The US Department of Defense informs that Textron Inc., New Orleans, Louisiana, is being awarded a $21,904,620 modification to a previously awarded contract (N00024-12-C-2401)

Euronav Books Profit from Sale of Chartered Ship

The owner of the 157,258 dwt containership Cap Isabella (built 2013), a vessel which Euronav had on bareboat charter, decided to sell the vessel to an unrelated third party.

 
 
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