Tag Archives: SINKING

Good Samaritan Rescues 3 in F/V Leona Sinking

Thanks to the swift efforts of the U.S. Coast Guard and good Samaritan F/V Pacific Pearl, three fishermen in Sitka Sound were rescued this week after their vessel began taking on water. Watchstanders at Coast Guard Sector Juneau received a … Continue reading

Posted in Admiralty-Maritime Law | Tagged , , , , | Leave a comment

Coast Guard Rescues 7 in F/V Mystic Lady Sinking

The U.S. Coast Guard rescued five adults and two children after the 58-foot F/V Mystic Lady sunk near Thorne Bay, Alaska. Shortly after 4am on Friday, June 29th, watchstanders at the Station Ketchikan received a 406-emergency position indication radio beacon … Continue reading

Posted in Admiralty-Maritime Law | Tagged , , , , , | Leave a comment

ALASKA RANGER ASSISTANT ENGINEER CHANGES STORY ABOUT THE CAUSE OF THE VESSEL SINKING

The Alaska Ranger sank in the Bering Sea on March 23, 2008 resulting in one of the Coast Guard’s most extensive investigations into the cause of a sinking of a commercial fishing vessel. Owned by the Fishing Company of Alaska … Continue reading

Posted in Admiralty-Maritime Law | Tagged , , , , , , , , , | Leave a comment

Alaska Ranger Sinking Crewmember Comes Forward

It has been 10 years since the tragic 2008 sinking of the 190-foot fishing vessel Alaska Ranger, which claimed the lives of five of the 47 crewmen aboard. During a 3-year investigation, conflicting findings regarding the cause of the accident … Continue reading

Posted in Admiralty-Maritime Law | Tagged , , , , , | Leave a comment

Sinking Fund Bond Financing Programs

Investors have been attracted to sinking funds to raise capital, increase cash flow and reduce financing costs. The article will present an overview of the sinking fund including the characteristics of a bond sinking fund and the general provisions of … Continue reading

Posted in Banking and Finance law | Tagged , , , , | Leave a comment