Lituania Rejects Shipping LISCO Bids

Monday, July 12, 1999
The Lithuanian privatization agency has reportedly rejected both offers for an 80 percent state stake in shipper LISCO because they were too low, the second time a tender for the shares has flopped.

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Shipbuilding

Damen PSV for Wilson Sons Ultratug Offshore

Wilson Sons Ultratug Offshore, a joint venture between Wilson Sons and the Chilean maritime services provider Ultramar, has taken delivery of a Damen PSV 5000.

VARD Bags Three-vessel Contract

Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels secured a contract for the design and construction

ATB Design Comes of Age

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Finance

Gener8 Maritime Net Income Up 91%

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Safe Bulkers Reports Q2 Loss, Expands Fleet

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