 | Update: 8 Crew Members Missing As Freighter Sinks Off Turkey's Coast
Update - February 1, 2012: It has now been confirmed that Turkish authorites have organized a team of divers, helicopters, and coast guard ships for a search and rescue mission for 8 missing crew members of a sunken cargo ship. The vessel sank in a storm off Turkey's Black Sea Coast, as reported...
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 | January/February 2012 Edition on the Street - Maritime Executive's Linkedin Group Passes 20,000 Members!
Disney Cruise Line president, Karl Holz graces the cover of the Maritime Executive’s January-February 2012 edition. If you are not a current subscriber- become one now. You can also |
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 | New Study Focuses on Maritime Trafficking, Containers Are Essential in Moving Guns and Drugs
While cargo containers are essential in the trade and maritime industry, they also provide a vehicle for smugglers to operate with little difficulty. A recent study done by the Stockholm International Peace Research Institute discloses how arms dealers aim for western-owned maritime...
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 | Salvage Team to Recover $3 Billion in Platinum From WWII Shipwreck
The wreck of a World War II merchant ship has been found by a shipwreck hunter who plans to collect on the load of platinum onboard, now valued at 3 billion dollars. The vessel was torpedoed by a German U-boat off Cape Cod. This may now possibly be the richest find ever discovered on the sea floor. Sub Sea Research’s Greg...
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 | Nickel Ore Deemed Deadliest Bulk Cargo on Ship Sinking Risks
Intercargo has reported that nickel ore is now the deadliest dry bulk commodity that we ship by sea. As a cargo that turns to slurry during a voyage, nickel ore causes many vessels to capsize, killing approximately 66 mariners in the past 15 months. The International Association of Dry Cargo Shipowners states that ore is at a...
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 | Search for Missing Passengers on Costa Concordia Suspended for Diver's Safety
Divers are being forced to suspend their underwater search for the passengers still unaccounted for in the wrecked Costa Concordia, as Italian Civil Protection Agency states that the deteriorating safety conditions are worsening. There have already been 17 confirmed deaths. Rescue officials believe that a formal decision to...
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 | Somali Pirates Sent to Justice in Seychelles
RFA Fort Victoria disembarks pirates for prosecution in the Seychelles A group of pirates caught by a Royal Navy operation in the Indian Ocean will face justice in the Seychelles. Royal Fleet Auxiliary ship RFA Fort Victoria - part of NATO’s...
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 | Boston Whaler Justices Support Counternarcotics Operations
The U.S. Army Space and Missile Defense Command/Army Forces Strategic Command (USASMDC/ARSTRAT) has awarded a $36 million contract to Brunswick Commercial and Government Products (BCGP) to supply up to sixty 32-foot and 37-foot Boston Whaler Justice models. The boats will support...
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 | Fishery Inspection Surveillance Vessel for Angola Launched at Damen Shipyards Galati
Damen Shipyards Galati is building the Ngola Kiluange, a Fishery Inspection Surveillance Vessel (FISV) 6210, for the Angolan Ministry of Agriculture, Rural Development and Fisheries. With another two ships under construction, the Angolan government is set to strengthen its knowledge of and...
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 | Horizon Lines Reaches Resolution on Environmental Record-Keeping Incident
Horizon Lines, Inc. (OTCQB: HRZL) announced that its Horizon Lines, LLC operating subsidiary has entered into an agreement with the U.S. Department of Justice, under which the ocean cargo carrier will plead guilty to two counts of providing federal authorities with false vessel oil record-keeping entries on...
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 | Unique Maritime Group’s Marine Buoyancy Solutions Help Stricken Vessel and World’s Largest Wind Farm
Highlights the diverse uses for Seaflex buoyancy systems Unique Maritime Group, one of the world’s leading integrated turnkey subsea and offshore solution providers, announced two key projects, involving buoyancy systems provided by Seaflex...
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 | Barge Capital Signs Exclusive Oil Tank Barge Agreement with L&R Midland, Inc.
Barge Capital announced its exclusive brokerage and placement partnership with L&R Midland to both market Barge Capital’s oil tank barge assets and assist with lease negotiations for its inland tank barge fleet. “L&R’s presence within the inland...
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 | Hal Watson Joins Chaffe McCall
Chaffe McCall, L.L.P. is pleased to announce that Harold K. “Hal” Watson has joined Chaffe’s Houston office effective immediately. Hal has over 30 years experience in maritime and energy law representing domestic and foreign interests, with particular emphasis on insurance law. He represents insurers,...
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