Teekay Completes Bona Shipholding Acquisition
Teekay Shipping Corp. has completed its cash and stock acquisition of Bona Shipholding Ltd. Under the deal, Bonaâs shares were converted into a right to receiveâŚ
Dutch Offshore Activity On The Rise
Offshore oil and gas drilling continued to increase in the Dutch sector in the week ending June 9, with the rest of northwest Europe lagging behind last yearâs levelsâŚ
Cast To Cut North Atlantic Shipping Times
Containershipping company Cast will reportedly cut transit times on the North Atlantic as it introduces three new ships this summer. Transit cuts would include ZeebruggeâŚ
Norway Coast Guard Blames Greenpeace For Collision
Norwayâs coastguard reportedly accused Greenpeace of causing a collision at sea in which an environmentalist was seriously injured during an anti-whaling protest.
Saga Petroleum Chair Quits
The chairman of Saga Petroleum abruptly quit on Monday to protest at parliamentary plans to keep Hydro under state control.
Kvaerner Gets Chem Tanker Contracts
Kvaerner ASA will reportedly build two 37,500-dwt, $115 million chemical tankers for Norwayâs Odfjell at its Kvaerner Floroe shipyard. Delivery of the vessels isâŚ
QEII Again Stirs Repair Interests
Interest in the European cruise ship repair market is currently focused on which shipyard will win the $31.3 million contract to repair the 1968-built, 70,327-grt cruiseship Queen Elizabeth IIâŚ
Cargo Handling: Molten Sulphur Tanker Sails Four Years Sans Freeze-Ups
The operator of the worldâs largest and most modern molten sulphur tanker has enjoyed four years of near-continuous service, thanks in part to the shipâs innovative thermal maintenance system.
