Loss
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Marine World
Venture Global’s $1B Loss to BP Casts Shadow Over U.S. LNG Boom
Venture Global’s loss in a massive arbitration case with BP is a black eye for the wider U.S. LNG industry,…
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Marine World
All Containers Recovered from Cargo Loss Incident at Port of Long Beach
The Unified Command has announced the successful recovery of all 95 containers that fell overboard from the vessel Mississippi at…
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Marine World
Coast Guard, NTSB Probe Container Loss Accident at Port of Long Beach
A Unified Command continued response operations Wednesday following an incident that caused an estimated 75 shipping containers to fall from…
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Marine World
CK Hutchison Profit Plunges 92% on One-Off Loss From Merger
CK Hutchison Holdings Ltd.’s profit fell 92% in the first half of the year, due to a one-time and non-cash…
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Maritime News
MSC Sues to Limit Liability to $14 Million for Loss of MSC Elsa 3 off India
MSC Mediterranean Shipping Company, as the charterer of the lost containership MSC Elsa 3, along with the vessel’s owners,…
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Maritime News
Sri Lanka Orders $1B in Compensation for Damage from Loss of X-Press Pearl
The Supreme Court of Sri Lanka issued a sweeping condemnation of the events surrounding the fire aboard the containership…
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Maritime News
Indian Police File Charges Against MSC, Captain and Crew of Lost MSC Elsa 3
The local police in the Kerala region of India filed the first papers in a legal action against MSC Mediterranean…
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Maritime News
NTSB: Overwhelming Towline Force Caused Loss of Towboat in Severe Storm
The NTSB concluded that the loss of a towboat off the Louisiana coast in May 2024 was due to…
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Maritime News
New Zealand Court of Inquiry Identifies Training in Loss of Survey Vessel
The Royal New Zealand Navy released the final results of its Court of Inquiry into the shocking October 2023 loss…
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Marine World
Loss of New Zealand Navy Ship Linked to Training Deficiencies, Autopilot Confusion
The Royal New Zealand Navy released its final Court of Inquiry report today detailing the circumstances that led to the…
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