$11 million Jones Act penalty is largest ever
APRIL 5, 2017 — Furie Operating Alaska LLC has agreed to pay $10 million to satisfy a civil penalty originally assessed against it by U.S. Customs and Border Protection (“CBP”) for violating
APRIL 5, 2017 — Furie Operating Alaska LLC has agreed to pay $10 million to satisfy a civil penalty originally assessed against it by U.S. Customs and Border Protection (“CBP”) for violating
APRIL 4, 2017 — On January 18, the Customs and Border Protection Agency (CBP) announced proposed modifications and revocations to around 30 identified rulings, as well as additional unidentified rulings, related to
APRIL 4, 2017 — Louis Martel has taken over as President and CEO of Canada’s CSL Group, the world’s largest operator of self-unloading vessels, succeeding Rod Jones. CSL Group says that the
APRIL 4, 2017 — Shares in John Fredriken’s Seadrill Limited (NYSE:SDRL) plunged today as the drilling contractor warned that a restructuring plan it is working on “will likely involve schemes of arrangement
APRIL 4, 2017 — Singapore-headquartered AET Tankers Pte Ltd (AET) says that up to four of the Aframax tankers that it has under construction at shipbuilder Samsung Heavy Industries Co Ltd (SHI)
APRIL 4, 2017 — Two new 170,000 m3 LNG carrier vessels being built for Norway’s Höegh LNG at the Samsung Heavy Industries (SHI) and Hyundai Heavy Industries (HHI) shipyards in Korea will
APRIL 3, 2017— Huntington Ingalls Industries (NYSE:HII) reports that the newest Virginia-class submarine, Washington (SSN 787), successfully completed its initial sea trials on Sunday. Washington was built as part of a teaming
With OSV stacking continuing, ABB’s marine and ports business is partnering with Norway’s Presserv AS to offer maintenance packages for vessels that serve the oil and gas industry and that are laid-up
With OSV stacking continuing, ABB’s marine and ports business is partnering with Norway’s Presserv AS to offer maintenance packages for vessels that serve the oil and gas industry and that are laid-up
APRIL 3, 2017 — St. Catharines, Ontario, headquartered Algoma Central Corporation reports that the latest addition to its Equinox class of bulkers, Algoma Strongfield, has completed preparations and has now begun its