Derbyshire Ruling: Crew Not To Blame
A top judge ruled on Wednesday that the crew of the largest British ship ever to be lost at sea was not to blame for the vessel's sinking. All 44 people on board died when the 169…
Proposed Ruling Calls For Fixed Fire Safety
The U.S. Coast Guard's supplemental notice of proposed rulemaking (SNPRM) on "Fire Suppression Systems and Voyage Planning for Towing Vessels" appears in today's Federal Register.
Cargill Dumps Shipping Arm
Cargill has announced a change in shipping strategy, following the sale of its last four remaining Panamax bulk-carriers, and from here on will charter in ships for all its cargo requirements.
Evergreen To Buy Five Ships From MHI
Shipping giant Evergreen Marine signed a letter of intent to buy five large cargo ships from Japan's Mitsubishi Heavy Industry. A spokeswoman for the Taiwan shipping…
MISC To Raise $600M To Buy Ships
Malaysia International Shipping Corp (MISC) will raise about $600 million in global bonds by mid-2001 to partly fund the purchase of four ships worth some $1 billion.
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