Norwegian Tanker Captain Faces Charges

Friday, May 05, 2000
The Croatian captain of a Norwegian tanker faced criminal charges after U.S. Coast Guard inspectors found his ship, carrying fertilizer, had a leak when it sailed into Baltimore, officials said on Thursday. The Freja Jutlandic, owned by the Danish Progress line, was taking on water when the tanker arrived at Baltimore with a cargo of urea ammonium nitrate on March 22 on a voyage from Norway to Tampa, Florida. The Coast Guard said it was tipped off to the leak by a frightened crew member who slipped a handwritten note to an inspector. Officials later found a dime-sized hole in the hull of the 6,300-ton vessel. The U.S. attorney's office in Baltimore said Capt. Davor Maric was charged with failing to report dangerous conditions under the 1972 U.S. Ports and Waterways Safety Act and with making false statements to federal authorities. He could spend five years in prison if convicted.

Contracts

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

Legal

Industry Wants Hanjin Shipping to Merge with Hyundai Merchant Marine

The Korea Shipowners’ Association (KSA) has officially suggested Hanjin Shipping merge with Hyundai Merchant Marine (HMM) to prevent  court receivership and liquidation, reports Business Korea.

Securing the Scorpene: DCNS to Move Court

The French shipbuilder DCNS plans to seek an injunction to prevent further publication of information contained in 22,400 secret documents about stealth submarines built for India,

SOS from Hanjin Shipping

The creditors' extended help is crucial for survival of Hanjin Shipping Co as its negotiations with owners of chartered ships over a cut in leasing rates and to

 
 
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