NYK cops plea in price fixing case
DECEMBER 30, 2014 — Japan’s Nippon Yusen Kabushiki Kaisha (NYK) has agreed to plead guilty and to pay a $59.4 million criminal fine for its involvement in a conspiracy to fix prices,
Search Results for: container
As ferry death toll rises, prosecutors start investigation
DECEMBER 29, 2014 — News agency ANSA reports Italian Premier Matteo Renzi as saying that the death toll in the Norman Atlantic ferry disaster has risen to five. Subsequently, the Italian Coast
World’s largest box ship has Becker TLKSRs rudder
DECEMBER 17, 2014 — The world’s largest containership, the 19,000 TEU CSCL Globe, features a rudder from Becker Marine Systems, Hamburg, Germany. Built for China Shipping Container Lines (CSCL) at Hyundai Heavy
Rolls-Royce and VTT unveil futuristic bridge concept
DECEMBER 11, 2014 — Together with VTT Technical Research Center of Finland, Rolls-Royce today unveiled its latest vision of Ship Intelligence – a futuristic ship’s bridge concept which could become reality by
Aegean to start Los Angeles based bunkering operation
DECEMBER 10, 2014 — Fall out from the collapse of OW Bunker continues. Aegean Marine Petroleum Network Inc. (NYSE: ANW) reports that it has agreed to acquire 28,567 metric tons of marine
Great Lakes Dredge gets $25.6 million Arthur Kill contract
DECEMBER 10, 2014 — Great Lakes Dredge & Dock Co., LLC, Oak Brook, IL, has been awarded a $25,637,000 firm-fixed-price contract for the Arthur Kill Channel Navigation project, which includes dredging, blasting
Three Kingspointers awarded Crowley scholarships
DECEMBER 9, 2014 — Crowley Maritime Corporation awarded three Thomas B. Crowley Sr. Memorial Scholarships to three United States Merchant Marine Academy, King Point, NY, cadets at the Containerization and Intermodal Institute’s
Jacob Stolt-Niesel steps down
DECEMBER 9, 2014 — Stolt-Nielsen Limited (Oslo Børs: SNI) today announced that Jacob Stolt-Nielsen, the visionary entrepreneur who founded the company in 1959, will retire from the SNL Board of Directors effective
Hapag-Lloyd and CSAV complete merger
DECEMBER 2, 2014 — Hamburg, Germany, headquartered Hapag-Lloyd and Valparaiso, Chile, headquartered Chilean Compañía Sud Americana de Vapores (CSAV) have completed a merger that will create the fourth largest container liner shipping
FortisBC grants C$5 million incentives for LNG ferries
DECEMBER 1, 2014 — Energy utility FortisBC announced today that it will provide Canadian $5 million in incentive funding toward two new vessels for Seaspan Ferries that will be able to run