The Maritime Administration (MARAD) issued a notice stating that President Bush approved provision of vessel war risk insurance for trade by eligible vessels in the Black Sea. 73 Fed. Reg. 76096 (December 15, 2008).
(Source: Holland & Knight)
Norfolk based Fendercare Marine, a supplier of marine products and services, has won a contract to supply Yokohama fenders to the Ministry of Defence (MoD).
The U.S. Navy has awarded contracts worth nearly $1.4 billion to buy four more Littoral Combat Ships from Lockheed Martin Corp and Australia's Austal Ltd, the U.
Rebels deny losing control of North Korean-flagged tanker; Government says tanker being taken to western port. Oil blockade has slashed vital government revenues.