Royal Caribbean To Offer 10 Million New Shares

Friday, September 03, 1999
Royal Caribbean Cruises Ltd. (RCCL) reportedly plans to market a proposed public offering of 10 million new shares of common stock. RCCL officials said the company will use the net proceeds of the offering for general corporate purposes, including capital expenditure. The offering will be made to investors in Europe and the United States.

Offshore

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.

Onshore Spending on the Cusp of Recovery?

DW’s recently released quarterly World Oilfield Services Market Forecast (OFS) and World Oilfield Equipment Market Forecast (OFE) continue to suggest 2016 will

 
 
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