Eisa to build $218m Itaqui shipyard

Source: Lloyd's List
Source Date: 2nd Jul, 2008
Source Pages: p.18.
Summary:
The Brazilian shipyard Eisa has signed a memorandum of understanding with the state government of Maranhão to develop a R$350m ($218.1m) facility close to the port of Itaqui.

Victims of Hebei Spirit spill to receive payouts within months

Source: Lloyd's List
Source Date: 3rd Jul, 2008
Source Pages: p.3.
Summary:
Victims of South Korea’s worst oil spill could start to receive compensation in months rather than years, following the signing of a landmark co-operation agreement between P&I club Skuld and the Korean government. This comes as total losses from the Hebei Spirit spill, including damage to fish farms and the tourist industry, are estimated at Won573.5bn ($553m), according to Willem Oosterveen, director of the International Oil Pollution Compensation Funds.