Thursday, November 29, 2001 Maritime News

Crowley Secures Wayward Oil Tanker and Prevents Harm

Nov 29, 2001

Crowley Marine Services successfully secured the wayward oil tanker, Atigun Pass, Thanksgiving weekend as it drifted within 20 miles of Oregon’s coastline. The decommissioned Atigun Pass,

Stewart Joins Board at Hornbeck-Leevac

Nov 29, 2001

Hornbeck-Leevac Marine Services, Inc., announced that the board of directors has unanimously appointed Bernie W. Stewart to fill the recently created board vacancy.

Kvaerner Proposes New Board of Directors

Nov 29, 2001

Kvaerner, the international engineering and construction group said that the board election committee had reached a decision concerning nominations for a new board

American Club Raises Premium Levels for 2002

Nov 29, 2001

In a move to return premium rating to levels more in line with current and expected claims exposure, allied to the need to maintain the club’s future financial strength,

Fire on Stolt-Nielsen Barge at Uerdingen

Nov 29, 2001

Stolt-Nielsen Transportation Group Ltd., a wholly-owned subsidiary of Stolt-Nielsen S.A. reports that during the early morning of November 21, the crew of the SNTG Motor Tank Barge,

Northrop Grumman Announces Newport News Shipbuilding Exchange Ratio

Nov 29, 2001

Northrop Grumman Corporation announced in connection with its offer to acquire all of the outstanding shares (including associated preferred stock purchase rights)

Cummins Announces 2002 Outlook

Nov 29, 2001

Cummins Inc. today released its expectation for improved profitability despite essentially flat revenues for 2002. Cummins Chairman and CEO, Tim Solso, said,

Crowley Concludes Work for U.S. Navy’s Ehime Maru Recovery and Relocation Project

Nov 29, 2001

Crowley Marine Services has successfully concluded work as prime contractor for the U.S. Navy’s Ehime Maru recovery and relocation operation this week with placement

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