“Intellectual liberty is the air of the soul, the sunshine of the mind, and without it, the world is a prison, the universe a dungeon.”
~ Robert Green Ingersoll
“The world goes up and the world goes down, the sunshine follows the rain; and yesterday's sneer and yesterday's frown can never come over again.” ~ Charles Kingsley
Imagine - Creating Healthy Workplaces - Anthony Montgomery.pdf
Pasha Hawaii and Keppel AmFELS - LNG Containerships - Making America Great Again
1. PASHA-HAWAII
LET THERE BE LIGHT
Social media is something of a double-edged sword. At its best, social media
ofers unprecedented opportunities for marginalized people to speak and
bring much needed attention to the issues they face. At its worst, social
media also ofers 'everyone' an unprecedented opportunity to share in
collective outrage without refection. ~ Roxane Gay
Pasha shipbuilder hit with $422 million fne in bribery case
By Michael Hansen. Hawaii Free Press. January 2, 2018, Accessed January 2, 2017.
http://www.hawaiifreepress.com/ArticlesMain/tabid/56/ID/20827/Pasha-shipbuilder-hit-with-422-million-fne-in-bribery-
case.aspx
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Pasha's choice of Keppel Ofshore & Marine Ltd. (KOM) as its Shipbuilder
is not a Commentary on Pasha's Integrity and Trustworthiness
The court flings from 2001 through 2014 are the culmination of investigations
done, assembled and vetted over many prior years, before 2001.
The case against Keppel Ofshore & Marine Ltd. (KOM) and its subsidiary,
Keppel Ofshore & Marine U.S.A. Inc. (KOM USA) refect changing policies and
procedures by companies and governments in the United States and globally.
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According to COURT FILINGS, FROM 2001 THROUGH 2014, Keppel Ofshore
& Marine Ltd. (KOM) and its subsidiary, Keppel Ofshore & Marine U.S.A. Inc.
(KOM USA), violated the FCPA by paying approximately $55 million in bribes
to ofcials at Petroleo Brasileiro S.A., Brazil’s state-owned oil company and
commonly known as Petrobras, and a Brazilian political party.
The bribes were made in order to secure at least 13 contracts with Petrobras
and another Brazilian entity. KOM concealed these bribes by paying them
through an intermediary as large commissions under purportedly legitimate
business consulting agreements.
2. As part of its global resolution of this matter, KOM has agreed to pay over $422
million in penalties, with $105 million due to the United States.
Of the remaining amount, KOM will pay more than $211 million to Brazilian
authorities and more than $105 million to Singaporean authorities.
THE DOJ RECOGNIZED KOM’S EXTENSIVE COOPERATION AND
REMEDIATION AND AGREED TO A 25% DEPARTURE BELOW THE BOTTOM
OF THE U.S. SENTENCING GUIDELINES RANGE.
The DOJ also announced that charges against a senior member of KOM’s legal
department were unsealed on December 22, 2017, and that he pleaded guilty
to conspiracy to violate the FCPA on August 29, 2017.
[Emphasis Supplied]
Source: Key Takeaways from the FCPA Enforcement Actions Involving Keppel
Ofshore & Marine Ltd. Sanford University http://fcpa.stanford.edu/fcpac/facts/1000/000023.pdf
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PASHA and KEPPEL
May 17, 2017 “Honolulu-based Pasha Hawaii has selected Keppel AmFELS in
Brownsville, TX for the construction of two new LNG-fueled containerships to
operate in the Jones Act market. The order, which is still being fnalized,
includes options for two additional vessels.”
Source: Pasha Hawaii Orders LNG-Powered Containerships at Keppel
By Mike Schleur. gCaptain. May 17, 2017, accessed January 2, 2017
http://gcaptain.com/pasha-hawaii-orders-lng-powered-containerships-keppel/
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3. Wednesday, August 23, 2017
Honolulu, HI-based Pasha Hawaii has announced that two more ships will be
joining its feet which provides service to the Hawaii/Mainland trade lane. The
two new Liquefed Natural Gas (“LNG”) fueled containerships will be built at
Brownsville, TX-based Keppel AmFELS, a subsidiary of Keppel Ofshore &
Marine (“Keppel O&M”). The contracts were inked today.
This contract with Keppel allows Pasha Hawaii to continue to move forward in
our commitment to providing the best resources possible for our customers and
Hawaii’s shipping industry, while minimizing our environmental footprint,” said
George Pasha, IV, President and CEO, The Pasha Group. “We are proud
supporters of the Jones Act and look forward to working with Keppel’s team of
highly skilled shipbuilders.
Mr. Simon Lee, President of Keppel AmFELS, said, “We are pleased to have
been chosen to build these two LNG-fueled containerships to our innovative
design for operation in Pasha Hawaii’s feet. Keppel O&M is at the forefront of
designing vessels that run on LNG propulsion systems and has the experience
in LNG vessel conversions as well as the expertise in newbuild specialized
vessels. We look forward to building these ships which will have a direct
impact on American jobs at our shipyard and suppliers across the country.”
Source: Pasha Hawaii Announces Construction of Two New Containerships at
Keppel AmFELS Pasha Hawaii News https://www.pashahawaii.com/news-media/news/471/pasha-
hawaii-announces-construction-two-new-containerships-keppel-amfels
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PONO Goodness, uprightness, morality, moral qualities, correct or proper procedure,
excellence, well-being, prosperity, welfare, beneft, behalf, equity, sake, true condition
or nature, duty; moral, ftting, proper, righteous, right, upright, just, virtuous, fair,
benefcial, successful, in perfect order, accurate, correct, eased, relieved; should,
ought, must, necessary.
~ Mary Kawena Pukui and Samuel Hoyt Elbert. Hawaiian Dictionary.