The maritime community has increasingly become the target of Department of Justice (DOJ) and state prosecution efforts to pursue criminal sanctions against corporations and senior management involved in maritime transportation incidents. Though
Fireworks exploded over the Bay Bridge and thousands of people crowding the waterfront near the new ballpark gasped in admiration. Some of the best seats for the spectacle are along the north side of Pier 50. home of Westar Marine Services where
The plan for the reorganization of Bender Shipbuilding & Repair Company, Inc., Mobile, Ala., was confirmed recently by the U.S. Bankruptcy Court for the Southern District of Alabama. The plan marks the end of Chapter 11 protection for Bender after just nine months.
Since the worst-case scenario became a reality with September's terrorist attacks in the U.S.. organizations of all kinds have been forced to re-evaluate how security applies to their operations. While the nation's focus has been primarily on the aviation industry,
Hagglunds Marine & Offshore, a division of AB Hagglund & Soner of Sweden, has signed an agreement under which it will acquire all the shares in the Dutch Kenz Cranes Group. Kenz Cranes is among the leading makers of offshore cranes in the range 5-100 t SWL.
Paul I. Beining, president of CDI Marine Company, Jacksonville, Fla., has announced an important change in executive management of the company. James M. Dunford, who had been executive vice president, has assumed the position of assistant to the president, and Dr.
Norb Whitlock, President and COO of American Commercial Barge Line LLC, said, "Today, we took another step to better position ACBL to emerge from Chapter 11 when we implemented a broad-based organizational restructuring that resulted in the release
Crowley agreed last month to acquire all of the outstanding shares of Marine Transport Corporation (MTC) for $7 per share. The transaction is conditioned upon a minimum number of Marine Transport's shares being tendered, regulatory approvals, and other standard closing conditions.