Cape Hatteras Lighthouse To Move Soon
Crews on Tuesday were making final preparations to move the historic Cape Hatteras lighthouse, the nation’s tallest brick lighthouse, from its perch on an eroding…
Ferry Service Canceled
New Zealand rail and ferry operator Tranz Rail is canceling the winter schedule of its Cook Strait fast ferry service, the Lynx, from mid July. The service, using the leased catamaran the Condor 10…
Teekay Shipping Chairman Steps Down
Teekey Shipping Corp. said its chairman, Axel Karlshoej, will resign from the board because of work demands at his company, Nordic Industries. Karlshoej will be replaced by C.
Benor Buyout Balk
Benor Tankers Ltd. said that U.S. shipping company General Maritime Corporation will not proceed with its offer to buy all outstanding shares in the company. In late May…
Maersk Line To Order Five Containerships
Maersk Line will reportedly build five new container ships at the group’s Odense Staalskibsvaerft shipyard. The new vessels, all of the big S-type class, are scheduled for delivery in 1999 and 2000.