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Three crew member whistleblowers get $67,000 each

NOVEMBER 2, 2012 — Three crew member whistleblowers will collect $67,000 each in a “magic pipe” case that saw two German shipping companies plead guilty today in federal court in Houston to

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Blew whistle on Cleopatra, collects $150,000

SEPTEMBER 13, 2012 — United States Attorney Donald J. Cazayoux, Jr., reports that, Cleopatra Shipping Agency, Ltd., a Greek vessel management company, pled guilty September 11 to violating the Act to Prevent

Fairstar Heavy secures $247 million syndicated loan

May 21, 2012 —Fairstar Heavy Transport N.V. (FAIR) has signed a $247 million syndicated loan facility led by ING Bank. The facility provides the necessary liquidity to satisfy the outstanding payment obligations

Fairstar Heavy secures $247 million syndicated loan

May 21, 2012 —Fairstar Heavy Transport N.V. (FAIR) has signed a $247 million syndicated loan facility led by ING Bank. The facility provides the necessary liquidity to satisfy the outstanding payment obligations

  • News

Carnival moves into Japanese cruise market

Carnival Corporation & plc is bringing Sun Princess to Japan for a spring to summer season of cruising in April 2013. Carnival says it will be the largest deployment ever by a

Keppel books $809 million semi order for Brazil

Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Fernvale Pte. Ltd., has secured a contract worth approximately $809 million from Urca Drilling B.V., a subsidiary of Sete Brasil Participações S.A.