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Friday, September 3rd, 2010
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Federal Approval Advances American Feeder Lines’ Coastal Shipping Project

  The principal parties in a successful bid for official American Marine Highway status view the development of coastwise feeder and domestic marine freight services as “essential and inevitable for the United States.” The project that was among those designated by Secretary of Transportation Ray LaHood under the new program is titled “Atlantic and Gulf Coast Short Sea / Feeder Service,” and was developed by American Feeder Lines. The sponsors of the project’s application, James I. Newsome, President and CEO of South Carolina State Ports Authority (SCSPA), and Steven M. Cernak, Port Director of The Port of Galveston, ... < Read More >
N.Korea Admits to Seizing S.Korean Fishing Boat

  North Korea has admitted to seizing a S. Korean fishing vessel. The boat was captured on August 8 off the east coast of the divided peninsula. North Korea claims the vessel was fishing in their exclusive economic zone. Crew onboard included four South Koreans and three Chinese. The South had sent North Korea a message urging it to release the boat and its crew "in accordance with international laws and customs and humanitarian spirit". The fishing boat was taken in during a major South Korean naval exercise in the Yellow Sea, on the other side of the ... < Read More >
MarEx Talks to CFO of Dice Holdings on Acquisition of Rigzone

  The Combination of Dice Holdings, Inc. and Rigzone Creates the Leading Global Player in Online Energy Recruiting. Building on its position in energy industry recruiting, Dice Holdings, Inc. a leading provider of specialized career websites for professional communities, announced Thursday, it has completed the purchase of Rigzone, a U.S. market leader in the oil and gas industry delivering content, data, advertising and career services. Known as the online gateway to the oil and gas industry, Rigzone is the world’s most-used source for upstream oil and gas news and data, including in-depth information on the exploration, drilling and ... < Read More >
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