Court declares Hanjin Shipping bankrupt
The court said a bankruptcy trustee will be appointed to lead the sale of the shipping line’s assets to pay off debts to creditors.
Navy Commander charged in Fat Leonard Affair
Mario Herrera, a current U.S. Navy Commander, was charged with one count of conspiracy to commit bribery in connection with interactions with the former CEO of Glenn Defense Marine Asia (GDMA).
Coast Guard rescues four crew members from lift boat
The Coast Guard rescued four crew members aboard a lift boat, the Superior Trust, as it became unstable near Southwest Pass, LA.
MTU presents integrated Tier III solution at defense show
A model of Rolls-Royce’s evolved MTU-brand Series 4000 diesel engine compliant with the IMO III and EPA Tier 4 emissions standards will be on display.