Ship operator, two crew face federal charges in US in water pollution case involving dumping of oily waste

A Greek cargo ship operator and two crewmembers of one of its vessels have been named in a five-count federal indictment charging them with failing to record the illegal dumping of oily waste into international waters and then obstructing justice by ordering the ship's crew to lie about it, the US Department of Justice said in a press release dated June 14.

Euroseas to acquire feeder ship quartet

Athens-based Euroseas has signed memoranda of agreement to acquire four feeder containerships for a consideration that includes a cash payment of US$15 million and issuance of approximately 22.5 million shares of common stock to the sellers.

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