opportunities

$5-Billion Hibernia Offshore Project Will Get Under Way Early This Year

First construction related to Newfoundland's $5-billion Hibernia offshore oil project is scheduled to begin in the first quarter of 1986, it was announced in New York recently by Hal Barrett, Minister of Development and Tourism for the Canadian Provence.

 

An Assessment Of The Market For Tankers Of 300,000-DWT And Over

The recent purchase of 450,000- dwt tankers by Exxon, following on closely from the newbuilding orders placed by Bergesen for two 412,000-tonners with segregated ballast tanks, have created a stirring of interest in ULCCs (tankers of 300,000 dwt and over).

 
 
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