SEC Launches Informal Statoil Inquiry

Friday, September 26, 2003
The US Securities and Exchange Commission (SEC) has informed Statoil (OSE: STL, NYSE: STO) that it is conducting an informal inquiry into matters relating to the consultancy contract for business development in Iran which has been the subject of media coverage. It has issued a request for Statoil to produce certain documents in connection with this, and the group intends to cooperate fully with the inquiry.

Legal

MN100: MOPS Marine License Insurance

The Company: Since 1935, MOPS Marine License Insurance has defended the USCG licenses of mariners operating in every maritime sector in the United States. Its network of over 80 maritime law firms,

OSV firm Farstad Continues Restructuring Talks

Supply firm Farstad Shipping's CEO Karl Johan Bakken repeats is in stand-still agreement with lenders until Oct. 1   Notable disclosures: * CEO says is talking

Banks Halt Support for Hanjin

A bankruptcy would be biggest ever for a container shipper. Hanjin Shipping Co's banks are halting support for the South Korean company, its lead creditor said,

 
 
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