Shipyard Auction Row May be Over

Wednesday, June 14, 2006
Reports indicate that the legal battle over the ownership of the largest piece of the former Fore River shipyard appears to be over, more than three years after auto dealer Daniel Quirk purchased the land at an auction. The U.S. Court of Appeals in Boston has rejected a bid by construction magnate Jay Cashman to overturn the auction. Source: The Patriot Ledger

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Legal

Cautious Optimism on Pacific NorthWest LNG Report

Canadian Environmental Assessment Agency (CEAA)  has ruled that Pacific NorthWest LNG’s project in British Columbia would likely harm harbour porpoises and contribute to climate change,

UPS Oposes CP-NS Merger

UPS, one of North America’s largest intermodal shippers, has told federal regulators that it is against Canadian Pacific Railway's (CP's) proposed acquisition of Norfolk Southern Corp.

SunEdison Restrained from 'Unusual' Asset Transfers

Solar company SunEdison Inc said a U.S. court has restrained the company from making any unusual asset transfers until a hearing in a lawsuit brought on by investors

Maritime Security

Libyan Navy Seizes Foreign Tanker

Libyan naval forces have seized a Sierra Leone-flagged oil tanker on suspicion of illegally entering Libyan waters in an attempt to smuggle gasoline, authorities said on Saturday.

DARPA All Set To Launch Submarine Hunting Drone

The Defense Advanced Research Projects Agency (DARPA) will launch in April a sleek, 132-foot warship from Portland, OR, testing its abilities over a succeeding period of 18 months.

All-Women Crew Indian Navy Ship Enters Chennai Port

The Indian Navy said on Saturday that its sailing vessel Mhadei, having an all-women crew of naval officers, has entered the Chennai Port.    The vessel which had left Visakhapatnam on February 9,

 
 
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