settle
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Marine World
Seatrium and Maersk Settle $475M Wind Vessel Dispute
Singapore-based shipbuilder Seatrium Limited and an affiliate of Danish shipping giant Maersk have resolved a contentious contractual dispute over a…
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Maritime News
Seatrium and Maersk Settle Dispute and Cancel Arbitration Over WTIV
Singapore shipyard group Seatrium reports that the dispute with Maersk Offshore Wind over a nearly completed newbuild wind turbine installation…
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Maritime News
NYK and Mitsui OSK to Settle Long-Running UK Pricing Fixing Allegations
Two of Japan’s leading shipping companies and operators of car carriers have agreed to settle a long-running case in the…
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Maritime News
Greenpeace and Shell Settle Multi-Million-Dollar Lawsuit for Boarding FPSO
The UK’s Royal National Lifeboat Institution (RNLI) is the beneficiary as activist environmental group Greenpeace and oil major Shell…
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Maritime News
Two Lockheed Subsidiaries Settle Charges of Overbilling U.S. Navy
Two subsidiaries of aerospace giant Lockheed Martin have agreed to pay $70 million to settle allegations that they overcharged…
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Maritime News
Trafigura Pleads Guilty and Will Pay $126M to Settle Brazilian Bribery Case
International commodities trading company Trafigura resolved a long-standing investigation with the U.S. Department of Justice into a bribery scheme…
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Marine World
Alaska Seafood Shippers to Pay $9.5 Million to Settle Jones Act Loophole Case
Two Alaska-based seafood shipping companies have agreed to pay $9.5 million settlement to the U.S. government for violations of the…
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Maritime News
ASC Affiliates Pay $9.5M to Settle "Canadian Rail" Jones Act Case
Two affiliates of American Seafood Company (ASC) have paid a near-record $9.5 million fine in connection with the notorious "Bayside…
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Marine World
Freight Rates Begin to Settle as Shippers Adjust to Cape Diversions
By Mike Wackett (The Loadstar) – Asia-North Europe shippers have adapted their supply chains to the longer transit times around Africa,…
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