Harsh sentence for former Sea Star president
DECEMBER 9, 2013 — Frank Peake, the former president of Sea Star Line LLC has been sentenced to serve five years in prison and to pay a $25,000 criminal fine for his
DECEMBER 9, 2013 — Frank Peake, the former president of Sea Star Line LLC has been sentenced to serve five years in prison and to pay a $25,000 criminal fine for his
DECEMBER 9, 2013 — Wärtsilä today reported two major engine contracts. Four post panamax 9,000 TEU containerships ordered at Hanjin’s Subic Bay shipyard, plus an option ship, will each be powered by
DECEMBER 9, 2013 — Lloyd’s Register (LR) has unveiled what it says is “a refreshed brand identity, with the introduction of a new logo that celebrates the culture of innovation built over
DECEMBER 9, 2013 — Could methanol be as attractive an alternate clean fuel as LNG? The world’s largest methanol supplier, Canada’s Methanex Corporation, thinks so. It reports that its Waterfront Shipping subsidiary
DECEMBER 6, 2013 — ABB says that 2013 will be its best year ever for cruise ship Azipod orders. It has won orders worth $180 million this year to deliver complete electrical
DECEMBER 6, 2013 — Caterpillar Marine has announced the development of new features and increased power ratings for the MaK M 25 C propulsion engine. Key updates include reduced part load fuel
DECEMBER 6, 2013 — The American P&I Club is reorganizing its underwriting and business development functions into a regionalized structure comprising the Americas, EMEA (Europe, Middle East, Africa), South and Southeast Asia,
DECEMBER 6, 2013 — The Federal Maritime Commission (FMC) voted yesterday to approve a request for additional information from the parties to the proposed P3 Network Vessel Sharing Agreement, FMC Agreement No.
DECEMBER 5, 2013 — Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has appointed Vice Admiral William Burke to the newly created position of Chief Maritime Officer, effective December 9, 2013. He
DECEMBER 5, 2013 — Maersk Line Ltd., Norfolk, Va., is being awarded a $14,223,440 modification under a previously awarded firm-fixed-price contract (N00033-11-C-5400) to exercise option period two for the worldwide charter of