Readers’ Picks of the Week (Dec 29th – Jan 2nd)

Business & Finance

Readers’-Picks-of-the-Week

Update: Burning Norman Atlantic Evacuated, Death Count Rises
Update: Burning Norman Atlantic Evacuated, Death Count Rises Italian and Greek rescue crews on Monday completed the air evacuation of 427 people from the Italian-flagged Norman Atlantic, a roro/passenger ferry that caught fire off the coast of Greece in the early hours of Sunday. 10 people died Read more
Two Dead After Ships Collide in Adriatic
Two Dead After Ships Collide in Adriatic Two men died and four are missing after the Turkish general cargo ship M/V Gokbel collided in poor visibility with the Lady Aziza, the container ship flying under the flag of Belize, one mile from the Italian port oRead more
NYK Pleads Guilty to Price Fixing
NYK Pleads Guilty to Price Fixing Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) has agreed to plead guilty and pay a USD 59.4 million criminal fine for its involvement in a conspiracy to fix prices, allocate customers, and rig bids oRead more
RS to Class Samsung Heavy’s Arctic Tankers
RS to Class Samsung Heavy’s Arctic Tankers Russian Maritime Register of Shipping (RS) has signed an agreement with the South Korean yard Samsung Heavy Industries on design approval and survey under construction of a new series of 42 000 dwt Arctic shuttle oiRead more
Three Dead after Freighter Sinks off Japan
Three Dead after Freighter Sinks off Japan Three crew members died after the Cambodia-flagged 1,915 dwt freighter Ming Guang sank Friday in the Sea of Japan off Aomori Prefecture, The Japan Times reports.Read more