JANUARY 3, 2013 — Zug, Switzerland, headquartered Transocean Ltd. (NYSE: RIG) (SIX: RIGN) reports that it has reached an agreement with the U.S. Department of Justice to resolve certain outstanding civil and
DECEMBER 28, 2012 — Noble Corporation says that it is working “cooperatively and diligently” to rectify deficiencies and maintenance issues raised by the U.S. Coast Guard during a recent inspection of the
DECEMBER 10, 2012 — China’s Dalian Shipbuilding Industry Offshore Co. Ltd. has stopped work on the jacking systems of four jack-up rigs, pending testing. The rigs, which are under construction for have
NOVEMBER 16, 2012 — BP has reached agreement with the United States government, subject to court approval, to resolve all federal criminal charges and all claims by the Securities and Exchange Commission
SEPTEMBER 19, 2012 — A port labor dispute between the United States Maritime Alliance and the International Longshoremen’s Association Labor Negotiations is now the subject of negotiations under the auspices of the
SEPTEMBER 9, 2012 —The U.S.-flag heavy lift carrier Ocean Atlas, owned by Intermarine LLC, has been detained in Maracaibo, Venezuela, since August 29 in a case that underscores the legal and regulatory
JULY 18, 2012—The U.S.-flag chemical tanker, 49,000 dwt American Phoenix was recently commissioned by Mid Ocean Tanker Company (MOTC). With the length of 616 feet long, beam of 105 feet and draft
JULY 6, 2012 — In August 2009, the GAO (U.S. Government Accountability Office) issued a report that identified numerous deficiencies in the internal control activities of the U.S. Merchant Marine Academy, Kings
Coltec Industries Inc. and National Steel and Shipbuilding Company (NASSCO) have agreed to pay a civil penalty of $280,000 and spend approximately $500,000 on an environmental project to resolve alleged violations of
As Marine Engineers’ Beneficial Association (MEBA District 1) members picketed its ships, Liberty Maritime Corporation of Lake Success, N.Y., today announced that it has entered into a new collective bargaining agreement with
