03:43 PM EST - GenOil Inc. : conducted successful test for Grimaldi lines at the Donghwa Entec factory. Grimaldi Lines who is based in Naples and is comprised of eight shipping lines including Atlantic Container Lines of Sweden. Genoil and Donghwa have cut manufacturing cost substantially on the Crystal Sea as a result of improved productivity gains, making it more attractive in the marketplace. GenOil Inc.
shares V.GNO are trading unchanged at $0.02.
