Bridgestone Corporation News

Newbuilding Named at Odense Steel Shipyard

On October 4, Odense Steel Shipyard named its latest newbuilding, a 7,000 TEU container ship, for the A.P. Moller - Maersk Group. Yumiko Arakawa, wife of Shoshi Arakawa, Chairman of the Board, CEO and President, Bridgestone Corporation, honored A.P. Moller – Maersk and the Yard by naming the newbuilding Mette Maersk. Mette Maersk is the fourth ship in a series of six container ships. The ship is designed and built to meet the highest demands for safe, precise, environmentally friendly and economic transportation of goods all over the globe.

Jail for Execs in Marine Hose Bid-Rigging Conspiracy

An independent consultant and two executives of Dunlop Oil & Marine Ltd., a manufacturer of marine hose located in Grimsby, U.K., pleaded guilty and have agreed to serve record-setting prison sentences for participating in a conspiracy to rig bids, fix prices, and allocate market shares of marine hose sold in the U.S. the Department of Justice announced. The plea agreements were filed today in U.S. District Court in Houston. The Antitrust Division filed a one-count felony charge on Dec. 3, 2007, against Peter Whittle, sole proprietor of a consulting business named PW Consulting (Oil & Marine); Bryan Allison, managing director of Dunlop Oil & Marine Ltd.; and David Brammar, Dunlop’s sales and marketing director, in U.S. District Court in Houston.