Shipbuilding Execs Receive Suspended Sentences

Thursday, March 06, 2003
Kyodo News Service reported that two former executives of Sasebo Heavy Industries Co. received suspended prison sentences for their role in defrauding the government millions in grants by falsely claiming the shipbuilding firm had retrained employees. Arifumi Himeno quit as president of the company upon his arrest last summer. He was sentenced to a three-year prison term. Yukio Mizuhiro who was deputy director of the company's shipbuilding yard in Sasebo, Nagasaki Prefecture, was given a two-year term. Both terms suspended for three years.
Email AddThis Feed Button Share
Maritime Reporter May 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

LR Issues Guide to Shipbuilding in South Asia

As shipbuilding nations in South Asia mature, Lloyd's Register's new guide provides an overview of over 80 shipyards and 18 ship designers in Bangladesh, India,

FSRU Toscana Sails Away From Drydocks World

Drydocks World said that Floating Storage Re-gasification Unit (FSRU) Toscana sailed away from Drydocks World – Dubai.    The unit, formerly the 138,830-cbm LNG carrier Golar Frost,

New FPSO Heading for Station Offshore Brazil

Petrobas's FPSO P-63 has left the Quip/Honório Bicalho shipyard in the city of Rio Grande (RS) after the modules were integrated and the platform commissioned.

 
 
mobi | rss feeds | archive | history | articles | privacy | contributors | top news | about us | copyright