salvage company News

Seacor: Pay Debt With $25M in Overturned Boat’s Insurance

NEW ORLEANS (AP) — The owner of an offshore oilfield boat that overturned off Louisiana plans to use $25 million in insurance on the vessel to pay down part of the Texas company’s debts. Attorneys for families of men killed …

‘Beached Whale’ Ship Could Block Suez Canal for Weeks

ISMAILIA, Egypt — A container ship blocking the Suez Canal like a “beached whale” may take weeks to free, the salvage company said, as officials stopped all ships entering the channel on Thursday in a new setback for global trade. …

Blackbeard’s Ship Embarks for Supreme Court in Video Piracy Case

WASHINGTON — The nine black-robed justices of the U.S. Supreme Court will soon navigate the treacherous legal waters around a sailing ship made famous in the 18th century by the notorious English pirate known as Blackbeard. The court on Monday …