recovery

USN Confident Of Raising Sunken Fishing Vessel

The U.S. Navy was confident that it would successfully raise the Japanese fishing vessel sunk off Hawaii in February by one of its nuclear submarines, and was hopeful of recovering some of the bodies of the nine people killed in the accident. Final preparations were being made at press time.

Bergesen Releases 1Q Results

The Bergesen group generated firstquarter operating profit of $25.6 million, substantially down on the $104.3 million recorded last year. These figures include capital gains on the sale of vessels of $ 10.4 million in 2002 and $7.2 million in 2001.

 
 
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