ITIC has warned that the so-called ‘hold harmless’ clauses in many of the contracts entered into by its members may contain pitfalls which could prejudice their rights. A mutual hold-harmless indemnity clause should provide that each party…
U.S. Transportation Secretary Anthony Foxx will join President Barack Obama today to announce that $600 million will be made available to fund transportation projects across the country under a sixth round of the U.S. Department of Transportation’s…
The newly launched program for the 12th International Naval Engineering Conference and Exhibition – INEC 2014, being held at the Marine Establishment Amsterdam in the Netherlands (May 20-22, 2014) features an incomparable line-up drawn from…
DNV GL, the global provider of risk management services, was named the ‘Risk Management Consultancy of the Year’ at the Global Risk Awards 2014. The company was recognized for its performance within the industry by the Institute of Risk Management (IRM) at the prestigious award ceremony…
South American Company Agrees to Plead Guilty to Price Fixing on Ocean Shipping Services for Cars and Trucks. First Charges in the Department’s Antitrust Investigation Involving Ocean Shipping Services; Conspiracy Affected Global Cargo Shipments…
Maritime Employer representatives, coordinated by the International Shipping Federation (ISF), met with International Transport Workers’ Federation (ITF) counterparts this week at the International Labor Organization to review the ILO recommended minimum wage for the Able Seafarer…
The U.S. Navy is mapping out how to expand its presence in the Arctic beginning around 2020, given signs that the region's once permanent ice cover is melting faster than expected, which is likely to trigger more traffic, fishing and resource mining…
Reuters – Chilean shipping firm Compania Sudamericana de Vapores has agreed to plead guilty to a price-fixing conspiracy and pay an $8.9 million criminal fine to the U.S. government, the U.S. Justice Department informs.The Justice Department's…
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, announced today that its 21st Annual Tribute to the United States Coast Guard Eighth District will take place on Friday…
The Federal Maritime Commission (FMC) granted a passenger vessel operator a decrease in the amount of financial responsibility it is required to maintain to reimburse passengers when an operator fails to perform cruises as contracted. The…
Troy Container Line Ltd., one of the largest American-owned NVOCCs, today announced the promotion of Leeanne O’Reilly to Export Supervisor at Troy Container Line. Based in the company’s Red Bank, N.J. office, O’Reilly will oversee the unification of the FCL and LCL Export departments…
TQ Construction and Drilling Training Center Inaugurated in Dammam.Leading representatives from Saudi’s oil and gas sector gathered in Dammam on Thursday, February 27, to launch the newest Saudi Petroleum Services Polytechnic (SPSP), the Construction and Drilling Training Center…
On February 20 and 21, 2014 Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno and BSEE Alaska Region Director Mark Fesmire traveled to Bellingham, Wash. to meet with senior leaders from the U.S. Coast Guard and the…
A U.S. federal judge on Wednesday denied BP Plc's request to halt payments from the $2.3 billion fund it created to compensate commercial fishermen for financial losses after the British company's 2010 offshore oil spill, according to court records…
Schettino's first visit aboard since 2012 shipwreck; Former captain accompanying investigators as defendant as new probe into unauthorized visit by Costa officials unfolds.The captain of the Costa Concordia, Francesco Schettino, went back…