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Interim report on MOL Comfort loss available

DECEMBER 20, 2013 — A committee established by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) following the June 17 loss of the containership MOL Comfort has completed its interim report

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IRS slashes OSG claim

DECEMBER 20, 2013 — In a filing with the SEC yesterday, battered tanker giant Overseas Shipholding Group, Inc. (OTC:OSGIQ) said that the IRS has reduced its claim for back taxes from approximately

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Third husbanding firm suspends exec

DECEMBER 20, 2013 — As Secretary of the Navy Ray Mabus video teleconferenced yesterday with Navy brass to discuss the husbanding contracting issues that broke with the Glenn Defense arrests, the New

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IACS adopts new Common Structural Rules

DECEMBER 20, 2013 —  IACS, the International Association of Classifications Societies, has unanimously adopted new harmonized Common Structural Rules (CSR) for oil tankers and bulk carriers. The new rules will apply to

NNS director wins Women in Business award

DECEMBER 20, 2013 — Huntington Ingalls Industries (NYSE:HII) reports that Dru Branche, health and safety director for the company’s Newport News Shipbuilding (NNS) division, has been recognized as a recipient of an

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Viking lays keel for first ocean cruise ship

DECEMBER 19, 2013 — Viking Cruises reports that Fincantieri’s Marghera, Italy, shipyard has laid the keel for Viking Star, marking the next construction phase of the company’s first-ever ocean product. The shipbuilder

Pacific Radiance exercises PSV options

DECEMBER 19, 2013 — Singapore headquartered Pacific Radiance Ltd. has exercised its options to add two further Ulstein PX 121 design platforms supply vessels to the two that it ordered in September

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Some EU flag states “struggling” to make the grade

DECEMBER 19, 2013 — Some EU Member States are struggling to meet their commitment to ratify international maritime conventions, according to a European Commission report  on compliance with flag state requirements. The