Saturday, January 28, 2012

MarEx Newsletter | Compensation Deal Reached For Uninjured Concordia Passengers, Ship Collides with Kentucky Bridge

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Costa Concordia Update: Compensation Deal Reached For Uninjured Passengers, Salvage Work Continues

Costa Crociere has offered uninjured passengers that were onboard the Costa Concordia $14,460 each to compensate for baggage, personal belongings, and psychological trauma after their cruise ship ran aground and capsized off Italy. Some passengers have already refused the deal; they feel that a price cannot yet be put on what they suffered. They are free to pursue their own legal actions if unhappy with the deal.

This decision was made by Costa after negotiations with consumer groups who are representing the 3,206 passengers from over 60 countries that this applies to. In...
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Corporate News Press Releases
Cargo Ship Collides with a Kentucky Bridge

According to a CBS News report, two spans of a southwest Kentucky bridge collapsed after a cargo ship carrying aviation and rocket parts collided into it. Kentucky transportation officials have not reported any immediate injuries.

The Delta Mariner struck the main structure of the Eggner Ferry Bridge at U.S. Highway 68 and...
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Vessel Denied Harbor Entry Due to Leaking Gas Cargo Onboard

A cargo ship with 11 crew members on board is being refused entry in the inner area of Darwin Harbour, Australia, after leaking hazardous gas for over 48 hours within Darwin’s sight.

Four ethylene gas containers on the forward deck were displaced in extreme weather and ended up punctured during the storms on the...
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Plea Deal Reached in Shipping Pollution Case, Whistleblower to Receive Hefty Reward

Greek shipping company, Efploia Shipping, has pleaded guilty to polluting at sea and trying to cover it up. It has come to a plea agreement in a Baltimore federal court, as that is where the informer notified the Coast Guard. Officials boarded the freighter, M/V Aquarosa, in February 2011.

To save time at port, some ships tend...
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Maritime Industries Academy Foundation Receives Donation

Glen Paine, President, Maritime Industries Academy Foundation (MIAF) announced that the Steamship Trade Association of  Baltimore Charitable Legacy, Inc. donated $10,000 to the MIAF non-profit charity, which was setup to support Baltimore’s only maritime high school. This maritime charity was founded by Mr. Mark Montgomery,...
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Marine Firefighting Veteran Jeff Johnson Joins Resolve as Training and Response Manager & Pacific Region Responder

RESOLVE Marine Group, Inc. announced that Jeff Johnson has joined the company as Manager, Training and Response with responsibilities in both RESOLVE’s  Salvage & Fire (Americas) emergency response/OPA-90 subsidiary and at RESOLVE Maritime Academy, the training...
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Imtech Marine’s Venteville Supplies New, Environment Friendly Ballast Water Treatment System SiCure®

Venteville, part of Imtech Marine, supplies systems for ballast water treatment and is agent for the new SiCure® system developed by Siemens Water Technologies. This is an environmentally friendly solution to prevent harmful foreign organisms from entering national waters via ballast water of ships. This ties in with the Ballast Water...
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Future USS Coronado Launches with Thrustmaster

Thrustmaster of Texas is awarded contract for LCS 6 and LCS 8

In a time-honored ceremony, amid much pomp and tradition, the majestic 418-foot trimaran built by Austal in Mobile, Alabama officially became the future USS CORONADO (LCS 4).

With a...
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Invest in Ships - Powerful, Dynamic Shipping Investment Analysis Tool

Seaxl® Marine Software demonstrates the ability to analyse any shipping project from conceptualisation through to a more in‐depth analysis and final consolidation of current fleet or likely projects in a few easy clicks

Ship owning and operating is a volatile and capital intensive...
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Subsea Solutions Alliance Expands into the Far East

New Locations for maintenance and repair support in Busan, South Korea and Singapore

Emergency service is required globally in the shipping industry.The member companies of the Subsea Solutions Alliance have developed compact, fully electrical systems...
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W&O Hires Director of Marketing & Communications

W&O, one of the world’s largest suppliers of marine valves, pipe, fittings, engineered products, valve automation and data management systems, announced today that it has hired Kimberly Hegg as Director of Marketing & Communications.  Kimberly, who has more than 20...
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Wärtsilä Announces Court Sanctions the Scheme of Arrangement Related to Hamworthy Acquisition

Wärtsilä has announced that the Scheme of Arrangement with regards to the acquisition of Hamworthy was sanctioned at a Court hearing held in London, United Kingdom.

Subject to the Court hearing confirming the associated Reduction of Capital on 30 January 2012, the Scheme is expected to become effective and the control...
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Capital Link to Host Webinar on Key Challenges and Opportunities in Dry Bulk Shipping

On Thursday, February 2, 2012, at 11:00 AM ET, Capital Link will host a webinar to discuss the key challenges and opportunities in dry bulk shipping.

REGISTER NOW: Read More >>

 

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