Hawaii News Now - Matson Inc. is starting to cut checks to businesses hurt by last months molasses spill disaster. About a dozen companies have filed claims against the shipping giant after the spill shutdown Keehi Lagoon and much of Honolulu Harbor for nearly two week. One of those companies, Bonefish Honolulu, confirmed that it has resolved its claims. "Weve settled with Matson so we have something to fall back on if the bookings dont come through," said Joaquin DeNolfo. DeNolfo and his father Louie "The Fish" DeNolfo book fly fishing tours in Keehi Lagoon. The company said its bookings plummeted after a faulty Matson pipe dumped more than 230,000 gallons of molasses into Honolulu Harbor, killing more than 20,000 fish and untold sea life in the area. The DeNolfos said the terms of the settlement were confidential. Matson did not return calls. The shipping giant has taken responsibility for the spill and has agreed to pay for the clean up costs. But it wont say if it will pay for damages and penalties arising from its role in the spill. Legal experts say a quick resolution of the civil claims favors Matson.
Thursday, October 17, 2013
Daily Mail - Little did they know when this sheet of paper was signed off that the worst case scenario would come true just 15 days later. The original insurance certificate covering the total loss of the Titanic for $5million (£3.1million) was revealed today, showing the cover was taken out two weeks before the ship sank in April 1912. And a handwritten amendment at the foot of the policy suggested the ships owners only insured the vessel for her sea trials and delivery journey from Belfast to Southampton as an afterthought. The trials were due to take place in March but were delayed, possibly because she was not insured. The Titanics parent company, the Oceanic Steam Navigation Company, received the full insurance payout within 30 days of the disaster in the Atlantic Ocean that saw 1,512 lives lost.
Friday, October 04, 2013
Reuters - Tropical Storm Karen formed in the southeast Gulf of Mexico on Thursday and took aim at the U.S. coast between Louisiana and the Florida Panhandle, forecasters at the U.S. National Hurricane Center said. Energy companies began evacuating some workers from oil and natural gas platforms in the Gulf of Mexico on Wednesday. Data from an Air Force Reserve "hurricane hunter" plane indicate that a disturbance in the Gulf had organized into a tropical storm with winds up to 60 mph, the forecasters said. "Hurricane and tropical storm watches will be issued for portions of the northern Gulf Coast," they said, adding that a full advisory would be issued soon. The storm was moving north-northwest and forecast models showed it hitting the U.S. coast along Louisiana, Mississippi, Alabama and the Florida Panhandle during the weekend.
Thursday, October 03, 2013
Reuters - Salvage crews on the Italian island of Giglio raised the Costa Concordia cruise liner early on Tuesday, completing one of the most difficult and expensive wreck recovery projects ever performed. In a 19-hour operation which ended at 4.00 a.m. (0200 GMT), the 114,500 ship was pulled upright by a series of huge jacks and cables and left resting in 30 metres of water on underwater platforms drilled into the rocky sea bed. The success of the operation was announced in a brief statement by the head of Italys Civil Protection Authority Franco Gabrielli and dozens of locals, who have lived with the wreck for over a year, came out to cheer the salvage crews.
Tuesday, September 17, 2013
Insurance Journal - Huntington Ingalls Industries and its insurer have reached cash settlement for $180 million for the shipbuilders losses from Hurricane Katrina in 2005 at facilities in Pascagoula and Avondale, La. The Mississippi Press reported that the information was contained in a filing this week with the Securities and Exchange Commission.On Sept. 6, the company reached a settlement with FM Global, agreeing to release its claims in exchange for a cash payment of $180 million, according to the filing. According to a quarterly report filed with the SEC on Aug. 7, the trial against FM Global was due to start in October in U.S. District Court for the Central District of California. “The terms of the settlement agreement are confidential and the company does not anticipated making further public comments regarding the settlement agreement,” the filing stated. The filing noted that Ingalls filed a lawsuit against Aon, the companys broker in connection to the policy with FM Global, seeking damages for breach of contract, professional negligence and negligent misrepresentation, as well as declaratory relief. The company “waived no rights against Aon in the settlement with FM Global and intends to continue pursuing its claims against Aon,” the filing stated.
Friday, September 13, 2013
Reuters - Eight people were injured, one of them seriously, after an explosion and fire struck a U.S. Navy ammunitions depot near the New Jersey shore on Tuesday, Navy officials said. Fire trucks, ambulances and a medical emergency helicopter rushed to Naval Weapons Station Earle, located near Colts Neck Township, about 45 miles from Manhattan. The cause of the explosion at a Marine boat repair shop at about 9 a.m. EDT was being investigated. "The damage from the explosion was contained within the boathouse area. Ammunition and ordnance operations at the weapons station were not affected by the accident," the Navy said in a statement. The injured included seven sailors and one civilian, said base spokesman Mike Brady.
Wednesday, August 21, 2013
Insurance Journal - Boating under the influence of alcohol or drugs remains a serious problem on the Great Lakes even though the number of pilots busted for intoxication is down from a decade ago, the U.S. Coast Guard says. Agency personnel stationed on the five lakes had issued 89 citations for drunken boating this year through Aug. 13, said Lt. Davey Connor, spokesman for the Coast Guards 9th District office in Cleveland. Thats up from 84 during the same period a year ago but still an improvement from 2005, when the number had reached 262 by the same date.
Tuesday, August 20, 2013
Maine Sun Journal - A dispute over who should pay for the $2.4 million in damage to a bridge connecting New Hampshire and Maine has been scheduled for trial in federal court in October 2014. The 473-foot oil tanker MV Harbour Feature struck the bridge on April 1 after breaking away from a pier. The bridge connecting Portsmouth to Kittery, Maine, was shut down several weeks for repairs. In dispute is whether the fault lies with the tanker, or the states of Maine and New Hampshire, which own and/or manage the bridge and nearby port.
Thursday, July 18, 2013
Montgomery Advertiser - Cruise giant Carnival is suing the Alabama shipyard that took in the Carnival Triumph earlier this year after it lost power at sea, Mobiles Press-Register reports. The Press-Register says Carnival is blaming Mobiles BAE Systems shipyard and several related entities for what it says is more than $12 million worth of damage that occurred to the vessel during a storm that swept across the facility. The Carnival Triumph broke free from its moorings at the shipyard during the April 3 storm, which was accompanied by wind gusts approaching 70 miles per hour.
Thursday, June 20, 2013
MSNBC - At least 18 were injured in a boat crash just west of Sands Cut in Elliott Key Sunday evening, according to officials. The boats were heading into dock at about 6:30 p.m. when they collided, said Jorge Pino, spokesman for the Florida Fish and Wildlife Conservation Commission. Three people suffered serious injuries and one was airlifted to Jackson Memorial Hospital, said a statement from the FWC.
Monday, June 10, 2013