Advertisement
HomeCollectionsKvaerner
IN THE NEWS

Kvaerner

FEATURED ARTICLES
BUSINESS
By William Patalon III and William Patalon III,SUN STAFF | April 14, 1999
Sixteen months ago, Anglo-Norwegian conglomerate Kvaerner ASA vowed to revive the United States' virtually extinct commercial shipbuilding business, extracting more than $400 million in public subsidies to transform the closed Philadelphia Naval Shipyard into one of the most modern commercial shipyards in the world.Yesterday, as part of a plan to drain off debt, a foundering Kvaerner said it would jettison its worldwide ship-making business -- selling it, creating a joint-venture partnership or spinning it off to shareholders -- while promising none of these options would scuttle the "Philadelphia Experiment."
ARTICLES BY DATE
BUSINESS
By William Patalon III and William Patalon III,SUN STAFF | April 14, 1999
Sixteen months ago, Anglo-Norwegian conglomerate Kvaerner ASA vowed to revive the United States' virtually extinct commercial shipbuilding business, extracting more than $400 million in public subsidies to transform the closed Philadelphia Naval Shipyard into one of the most modern commercial shipyards in the world.Yesterday, as part of a plan to drain off debt, a foundering Kvaerner said it would jettison its worldwide ship-making business -- selling it, creating a joint-venture partnership or spinning it off to shareholders -- while promising none of these options would scuttle the "Philadelphia Experiment."
Advertisement
SPORTS
October 15, 1997
EF Language, with American skipper Paul Cayard, has started to pull away from the fleet in the Whitbread Round the World Race for the Volvo Trophy as the yachts turn from a remote island in the western South Atlantic toward Cape Town, South Africa, still more than 2,000 miles away.Innovation Kvaerner (Norway), which had led since the fleet was off the Bay of Biscay in the Northern Hemisphere, has fallen to third place, close behind Merit Cup (Monaco). Silk Cut (Britain) is fourth, about 216 miles behind the leader, and Chessie Racing (Maryland)
SPORTS
May 8, 1998
Status: Day 4, Leg 8Standings:Boat .. .. .. .. .. .. ..Nautical miles to finish1. Merit Cup .. .. .. .. .. .. .. .. .. ..2,389.72. Toshiba .. .. .. .. .. .. .. .. .. .. .2,394.83. Innovation Kvaerner .. .. .. .. .. .. .2,418.54. EF Education .. .. .. .. .. .. .. .. ..2,424.05. EF Language .. .. .. .. .. .. .. .. ...2,425.76. BrunelSunergy .. .. .. .. .. .. .. .. .2,427.17. Swedish Match .. .. .. .. .. .. .. .. .2,438.28. Silk Cut .. .. .. .. .. .. .. .. .. ...2,451.49. Chessie Racing .. .. .. .. .. .. .. ...2,454.
SPORTS
By Peter Baker and Peter Baker,SUN STAFF | October 8, 1997
During the past week, the three leaders in the Whitbread Round the World Race have passed the Cape Verde Islands, passed through the Doldrums, slipped and slammed into the Southern Hemisphere -- and by this morning probably will have rounded the first rounding mark of the race.Innovation Kvaerner (Norway) continues to lead the 10-boat fleet, which now has a spread of more than 550 nautical miles from first place to last.Yesterday, as Innovation Kvaerner closed on the rounding mark at Fernando de Noronha island at the eastern tip of Brazil, skipper Knut Frostad reported sailing into freshening winds of 15 to 20 knots and big waves.
SPORTS
February 22, 1998
Status: Day 22, Leg 5Standings:Boat .. .. .. .. .. ..Nautical miles to finish1. EF Language .. .. .. .. .. .. .. .. ..576.42. BrunelSunergy .. .. .. .. .. .. .. .1,077.63. Swedish Match .. .. .. .. .. .. .. .1,130.34. Chessie Racing .. .. .. .. .. .. .. 1,130.55. Merit Cup .. .. .. .. .. .. .. ... .1,134.56. Toshiba .. .. .. .. .. .. .. .. .. .1,146.57. Innovation Kvaerner .. .. .. .. .. .1,158.68. Silk Cut .. .. .. .. .. .. .. .. ...1,913.89. EF Education .. .. .. .. .. .. .. ..2,540.3(as of 00: 11: 30 GMT)
SPORTS
By Ellen Gamerman and Ellen Gamerman,SUN STAFF | April 27, 1998
In one video, the men interview a hunky blond sailor, declaring him the ultimate fantasy date for 12-year-old girls. In another, they tape a teammate relieving himself over the side. In one more, they shove a flashlight in a sleeping crewmate's face to see what happens. Later, they shoot a sailor's rear end, in close-up.This is hardly your typical documentary.Instead, this is what happens when someone puts a video camera in the hands of occasionally stir-crazy crew members sailing in the nine-month Whitbread Round the World Race.
Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.