Court accepts guilty pleas in Costa Concordia trial
JULY 22, 2013 — A court in Grosseto, Italy, has accepted plea deals from five people charged with manslaughter in the Costa Concordia case. Thirty-two people died in the January 2012 loss
S&P ups American Club’s rating
JULY 22, 2013 — Standard & Poor’s Ratings Services has raised its rating of the American P&I Club’s financial strength a full notch from BB+ to BBB-, an investment grade, with a
Magma opens new Aberdeen offices
JULY 22, 2013 — Malcolm Webb, Chief Executive of trade association Oil & Gas UK, has officially opened the new Aberdeen, Scotland, offices of oil and gas consultancy Magma Products. Magma MD
Senators tour Newport News Shipbuilding
JULY 22, 2013 — Huntington Ingalls Industries (NYSE:HII) gave U.S. Senators Dick Durbin (D-Ill.) and Tim Kaine (D-Va.) a tour of its Newport News Shipbuilding (NNS) division, last week. Senator Durbin is
Eastern delivers multi-purpose LCV to Harvey Gulf
JULY 19, 2013 — Eastern Shipbuilding Group, Inc., Panama City, FL, today delivered a fourth Tiger Shark Class offshore support vessel, the 302 ft x 64 ft x 24.5 ft M/V Harvey
Zaliv takes majority stake in Bergen Shipbuilding Division
JULY 19, 2013 — Norway’s Bergen Group ASA is selling a majority stake in it Shipbuilding Division to a Ukrainian shipbuilder. Zaliv Shipyard (left) has been a major supplier of hulls to
Norwegian Cruise Line opts for GTM scrubbers
JULY 19, 2013 — The two new Breakaway Plus class ships on order at Meyer Werft for Norwegian Cruise Line (see earlier story) will be the first newbuilds in the cruise industry
Strong first half for Port of Philadelphia
JULY 19, 2013—With 2,519,967 metric tons of cargo handled during the first six months of 2013 compared to the 2,217,803 metric tons of cargo handled during the same period of 2012, the
Seadrill gets a new CEO
JULY 19, 2013 — Per Wullf is to succeed Fredrik Halvorsen as Chief Executive Officer of Seadrill Management Limited. Mr. Wullf has worked for Seadrill since February 2009 as Executive Vice President
Crowley seeks Title XI guarantees for two tankers
JULY 19, 2013 — The most recent listing of pending Title XI shipbuilding loan gurantee applications released by the U.S. Maritime Administration shows that Crowley Tankers, LLC, applied July 1 for financing