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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine) -- Ignore unavailable to you. Want to Upgrade?


To: Elmer Flugum who wrote (626)3/3/1998 6:33:00 PM
From: Gerry Pince  Respond to of 2282
 
biz.yahoo.com

Harland and Wolff said it had won a $300 million order to build an oil and gas drillship for Houston-based Global Marine Inc
(GLM - news), with Global holding an option to build a second similar vessel at the yard, famous for building the Titanic.



To: Elmer Flugum who wrote (626)3/4/1998 2:05:00 PM
From: Czechsinthemail  Read Replies (1) | Respond to of 2282
 
len,

I'm not sure what GLM's cancellation penalty is, but for Transocean Offshore they are about 25%. I would assume GLM's would be similar.

Baird