Kvaerner Faces $125M U.S. Lawsuit

Friday, July 16, 1999
Kvaerner is reportedly facing a damages claim for $125 million following its repossession of a cruise ship four years ago.

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Legal

UAE Top Court: Physical Bunkers Suppliers Have No Right to Recourse against Owners/Charterers

The OW saga - UAE Federal Supreme Court decides that physical suppliers of bunkers have no right to recourse against Owners/Charterers. In the first decision

Antwerp Port Extends Partnership with DMU of China

The port of Antwerp is to collaborate with Dalian Maritime University (DMU) in northern China for the next three academic years. DMU is a prestigious Chinese maritime

Will Maersk Line acquire HMM

There are rumours among observers that the  market leader Maersk Line is planning to acquire South Korea’s shipping major Hyundai Merchant Marine (HMM).   Neither

Navigation

Red River Closed after Barge Grounding

The Red River was closed Sunday from mile marker 40 to mile marker 42, after a barge reportedly ran aground and was protruding into the channel near mile marker 41, according to the U.

Danelec Launches ECDIS Computer-based Training

Danelec Launches ECDIS Computer-based Training   Danelec Marine has launched a new computer-based training (CBT) program for its second-generation DM800 ECDIS G2 products.

Panama Canal Officially Opens $5.25Bln Expansion

A 984-foot Chinese container ship was greeted with fireworks and cheers from a crowd that had gathered, when it made an inaugural passage through the newly expanded Panama Canal on Sunday,

 
 
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