Golar LNG Acquires 9.9 % of Korea Line
Golar LNG Ltd. has acquired 9.9 % of the shares in the Korean shipping company Korea Line. Korea Line is listed on the Seoul Stock Exchange and has a market capitalisation of around $130 million.
Misplacing Benton Harbor results in dismissal of action
The U.S. Court of Appeals for the Seventh Circuit upheld the trial court’s decision to dismiss an admiralty action filed in the wrong district. In the instant case…
Towing Vessel License Changes
The U.S. Coast Guard issued a reminder to U.S. mariners that the "grandfather" clause allowing persons who began service or training in the towing industry before May 21…
Increased Vigilance Recommended for Offshore Platforms
The U.S. Coast Guard issued a Marine Safety Bulletin recommending that offshore platforms and vessels and aircraft operating in their vicinity exercise increased…
Mulholland Retires from Matson and A&B
After more than 38 years of service, C. Bradley Mulholland will retire, effective January 1, 2004, from both Matson Navigation Company, Inc., which he serves as vice chairman of the board.
Eastern Wins Casino Vessel Contract
The Big M Casino, Inc of Fort Myers, Fla., has awarded a contract to Eastern Shipbuilding Group, Panama City, Florida to construct a casino vessel. The as yet unnamed…
Bean Dredging Awarded Contract
awarded a dredging contract at Pascagoula, Mississippi to Bean Dredging L.L.C. Orleans. The award serves as a sharp rebuttal to Mike Hooks, Inc., a competing dredger…
Treasury Changes Terrorism Risk Insurance Program
The Treasury Department reminded all participants and observers of the Terrorism Risk Insurance Program that there will be two important changes in the program’s administration in 2004.
Seacor McCall Honors Engineer Colin Black
Colin Black addressing the guests at the new vessel's commissioning. The Colin B. McCall, named for noted mechanical engineer Colin Black, is a 160 by 30 ft. crew…