RCL earnings up 16% Royal Caribbean Cruises Ltd. today announced a 16% increase in net income to $383.9 million in 1999, up from $330.8 million in 1998. Earnings per share was $2.06, or 13% higher than the previous year.
Marine drilling reports better utilization in fourth quarter Offshore drilling contractor Marine Drilling Companies Inc. today reported fourth quarter 1999 net income of $2.5 million, or $0.04 per share.
Tankers International to start chartering operation The board of Tankers International LLC yesterday decided yesterday to start the company's chartering operation as of February 1,2000.
Intergraph and Dassault in shipbuilding software alliance Intergraph Corporation and Dassault Systemes S.A. today announced they intend to form a strategic alliance to provide integrated solutions to the global shipbuilding industries.
Dangerous tanker forced into lay-up A "DANGEROUSLY unsafe" ship of the same type, age, flag and class as the Erika, the tanker involved in December's massive oil spill off the French coast, was yesterday laid up after a string of accidents and three port state detentions in January alone.
ECT silent on Trieste pullout rumours ROTTERDAM stevedore Europe Combined Terminals is believed to be on the verge of announcing a radical restructuring of its involvement in Trieste's Molo VII container terminal, sources at the Italian port are suggesting.
Royal Caribbean record despite capacity drop ROYAL Caribbean, the world's second largest cruise operator, has posted record earnings, fuelled by robust US consumer confidence and improved yield management.
Vopak venture buys terminal to expand in Ulsan DUTCH tank storage giant Royal Vopak's Korean unit, a joint venture between Vopak (49%) and Pumyang (51%), has acquired all assets of Sungshin Tank Terminal.
Questions over finance for casino ships order WHAT could be the biggest shipbuilding deal ever has been announced - but questions remain as to where the money is actually coming from.
Tamper-proof black box trials A GERMAN engineering company claims that its newly-patented voyage data recorder is better protected against human manipulation than other recorders on the market.
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