A year after a shipbuilding contract dispute emerged between Otto Marine unit Otto Offshore and GC Rieber Shipping ASA, a settlement has been reached.Otto Marine announced that it has entered into a 'mutually beneficial global settlement' with GC Rieber…
International Transport Intermediaries Club (ITIC) says that shipbrokers run the risk of exposure to substantial liabilities as a result of inadequate monitoring of their email communications.In the latest issue of its Claims Review, ITIC…
“TIME CHARTER SERVICE OF A TANKER VESSEL BETWEEN 40.000 AND 55.000 M3 FOR CLEAN PETROLEUM PRODUCTS”According to article 3, second paragraph of the Chilean Merchant Marine Development Law (Ley de Fomento a la Marina Mercante – Decree Law N° 3…
EU NAVFOR said it welcomed the first judgment yesterday in a Kenyan prosecution in connection with the interdiction of a pirate group by an EU NAVFOR warship. The conviction involved seven Somali men accused of acts of piracy. The presiding Chief Magistrate…
According to a Sept. 1 report from Reuters, a federal judge rejected the U.S. government's request to dismiss an industry lawsuit challenging its deepwater oil and gas drilling moratorium, dealing another blow to the Obama administration. Hornbeck Offshore Services Inc…
The European Commission has opened formal proceedings to investigate whether certain provisions accompanying claim-sharing and joint-reinsurance agreements in the marine insurance sector might infringe European Union antitrust rules. The Commission…
United States Attorney George E.B. Holding announced that United States District Judge James C. Dever III, sentenced Vaja Sikharulidze, a citizen of Georgia, to one-year probation to include seven days of home detention, which reflected a sentence…
The Senate Committee on Energy and Natural Resources conducted a hearing to receive testimony on the liability and financial responsibility issues related to offshore oil production. The committee also considered the Outer Continental Shelf Lands Act Amendments act of 2010 (S…
Representative Grijalva (D-AZ) introduced a bill (H.R. 5355) to amend the Oil Pollution Act of 1990 to repeal the limitation of liability of a responsible party for a discharge or substantial threat of a discharge of oil from an offshore oil facility…
Representative Gene Green (D-TX) introduced a bill (H. R. 5329) to modify the project for navigation and environmental restoration, Houston-Galveston Navigation Channels, Texas, authorized by the Water Resources Development Act of 1996, and for other purposes…
Aksat Denizcilik Ve Ticaret A.S., a Turkish corporation that operated the commercial ship M/T Kerim, pleaded guilty in U.S. District Court in Tampa, Fla., to two felony counts for knowingly failing to fully and accurately maintain an oil record book…
Davie Yards announced that it has obtained an order from the Québec Superior Court extending the stay of proceedings ordered by the Court to September 15, 2010, in accordance with the terms of the written order to be issued by the Court, the…
According to a May 22 report from the California Chronicle, Santa Barbara City Councilmember Das Williams called for an immediate moratorium on all offshore oil leasing, as well as the reopening of a Minerals and Management Service (MMS) field office in Santa Barbara County…
Senator Menendez (D-NJ) introduced two bills relating to oil spill liability. The Big Oil Bailout Prevention Liability Act of 2010 (S. 3305) would raise the limit of liability for oil spills from offshore facilities for costs other than removal costs from $75m to $10b…
According to a May 8 report from the New York Times, Congress is preparing to hold hearings on the April 20 explosion that sank the Deepwater Horizon oil rig. Implicated are BP, the British company that leased the deepwater rig, Transocean, the rig’s owner and operator…
