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Machinery Casualty News

15 Apr 2016

LOC Group Partners with Studio Navale Canepa

Marine and engineering consultancy LOC Group and marine survey experts Studio Navale Canepa (SNC) have entered a collaboration agreement whereby the two organizations will combine expertise and global networks to offer casualty services to the Italian market. SNC specializes in providing hull and machinery related casualty surveying services to the Italian insurance and shipping sectors through its in-house team, supported by a network of trusted associates. Joining forces with the LOC world-wide network extends SNC’s reach allowing it to deliver more cost-effective, global services to the Italian community. Meanwhile, LOC will benefit from working alongside a company that is established in the Italian shipping and insurance markets.

15 Apr 2016

LOC, Studio Navale Canepa Join Forces

Leading international marine and engineering consultancy LOC Group has announced a collaboration agreement with marine survey experts Studio Navale Canepa (SNC) of Italy. Together the two organisations are combining expertise and their global networks to offer unrivalled casualty services to the Italian market. SNC specialises in providing Hull & Machinery related casualty surveying services to the Italian insurance and shipping sectors through its in-house team, supported by a network of trusted associates. Joining forces with the LOC world-wide network significantly extends SNC’s reach allowing it to deliver more cost-effective, global services to the Italian community.

15 Apr 2014

ISC Expects Faltering Q1 2014 Financial Results

ISC Jones Act vessel: Photo courtesy of ISC

International Shipholding Corporation (ISC) provides preliminary guidance for first quarter 2014 results and announces timing of earnings release and conference call. The company says that it expects to report a first quarter net loss, before Preferred Dividends, in the range of $3.3 million to $3.7 million. This result for the quarter is primarily attributable to lower than projected results from supplemental cargoes, repositioning days in the international dry bulk segment and…