Pleuger has learned that Flowserve Corp. has been marketing itself as the manufacturer and source of Pleuger products, despite having sold the brand and line of business to Pleuger in 2018. Pleuger has filed a lawsuit against Flowserve in the U.S.
Read more
The Maritime Executive reports that Inchcape Shipping Services Holdings Ltd. and subsidiaries will pay $20 million to settle a lawsuit involving allegations that the company overcharged the U.S. Navy for supplies and services at ports around the world between 2005 and 2014. The contract rate discrepancies were exposed when whistleblowers at the company came forward with information. Read more of the
Read more