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Tougher Australian maritime laws take effect

JULY 2, 2013 — Australia yesterday replaced century-old maritime laws with new requirements for commercial seafarers and vessels as the Navigation Act 2012 and Marine Safety (Domestic Commercial Vessel) Law Act 2012

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Excel Maritime files for Chapter 11

JULY 2, 2013 — Athens headquartered bulker operator Excel Maritime Carriers Ltd. has now gone ahead with the Chapter 11 bankruptcy filing that it said it planned in a form 6K filed

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IMO to trim subcommittees

JULY 2, 2013 — IMO’s Maritime Safety Committee (MSC)  and  Marine Environment Protection Committee (MEPC) have agreed to a restructuring of IMO’s Sub-Committees that will see the number of Sub-Committees trimmed from

MOL Comfort fore part breaks tow

JULY 2, 2013 — Adverse weather continues to beset efforts to salvage the remaining section of MOL Comfort, the five year old containership that broke into two sections June 17. In its

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Bergen Engines now a unit of Tognum AG

JULY 1, 2013 — Norwegian engine manufacturer Bergen Engines AS today became part of the Tognum Group. Bergen Engines was formerly a Rolls-Royce subsidiary and the switch to the new ownership follows

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Caterpillar to acquire Berg

JULY 1, 2013 — Caterpillar Inc. (NYSE: CAT) will soon sell not only engines and generators but will also offer complete marine propulsion package systems. It has signed a definitive agreement to

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Leevac acquires Tidewater’s Quality Shipyards

JULY 1, 2013 —  Leevac Shipyards, LLC through its newly created subsidiary Leevac Shipyards Houma, LLC, has completed the acquisition of substantially all assets of Quality Shipyards, Inc., located at 3201 Earhart