Evergreen intends to refloat Ever Forward

Evergreen Line has devised a way to refloat the cargo ship that has become stranded in the Chesapeake Bay. "Evergreen's salvor, Donjon Smit, has undertaken many underwater inspections on Ever Forward." The acquired data has been examined, and an effective refloating strategy has been devised. "This strategy can be implemented...

Creditor protection is sought by an Alberta transportation company

A trucking company in Alberta, Canada, specializing in fluid transportation for the oil industry, is seeking credit protection since it owes more than CA$3 million ($2.3 million) to dozens of companies and the country's tax office. Prairie Tech Oilfield Service, situated in Elk Point, filed a notice in the Court...