Samsung Heavy Sees Sales Up On Year
South Korea's Samsung Heavy Industries Co. has set a 2000 sales target of $3.5 billion, up from a provisional $3.4 billion for 1999. A spokesman said the companyā¦
UAE Group Buys Third Ship From Hitachi
A United Arab Emirates company has reportedly signed a contract with Japan's Hitachi Zosen Corp. to buy a third bulk carrier at a cost of about $22 million. Theā¦
NCL Board Seeks New Share Issue
NCL Holding's board is seeking a mandate to issue 120 million new shares at a price of at least 35 crowns ($4.39) per share. Singapore-listed Star Cruises, whichā¦
Hanjin Sees 1999 Sales At $1.4B
South Korean shipbuilder Hanjin Heavy Industries Co. Ltd. said on Monday it expects to post sales of $1.4 billion for 1999 and a net profit of $84.3 million. Officialsā¦
Doomed Trawler May Have Hit Mine
A Scottish trawler that sank in the Irish Sea last week, drowning its seven crew, may have hit an abandoned mine, according to press reports. Marine accident investigatorsā¦
World Piracy Up 40% In 1999
Pirate attacks worldwide surged 40 percent in 1999 as economic and political troubles in Indonesia spurred a dramatic increase in incidents in Southeast Asia, accordingā¦
TotalFina Tightens Tanker Regulations After Erika Spill
Oil giant TotalFina, which chartered the ill-fated oil tanker Erika, has tightened its policy on chartering older tankers. However, company officials stressed that a new age limit on large shipsā¦
