Legal News - page 69


EMAC and GCCCAC Hold Arbitration and Insurance Workshop

May 03, 2018

Working with the GCCCAC, EMAC has set out to bring together the regional maritime and arbitration community to examine arbitration in maritime and maritime insurance during a two day workshop, from 2-3 May at the EMAC premises.The workshop, conducted in Arabic…

NRF: Tariffs Against China Would Destroy 134,000 US Jobs

May 02, 2018

The Trump administration’s proposed tariffs on $50 billion of Chinese imports, coupled with retaliation promised by China, would reduce U.S. gross domestic product by nearly $3 billion and destroy 134,000 American jobs, according to a new study…

MLC Enters New Chapter’ for Seafarers' Rights

Apr 30, 2018

The ITF has welcomed the positive outcome of the third meeting of the Special Tripartite Committee of the ILO (International Labor Organization) in Geneva. The STC has agreed on a new amendment to the Maritime Labor Convention (MLC) 2006 and…

British Ports Chairman Steps Down

Apr 28, 2018

Shoreham Port’s Chief Executive, Rodney Lunn stood down as Chair of the British Ports Association (BPA), at their Annual General Meeting on yesterday after a two-year term. Rodney had been the Vice Chair of the BPA for two years prior to taking on the role of Chair in 2016…

IMO Urges Governments to Implement HNS Convention

Apr 27, 2018

The IMO treaty covering compensation for damage caused by Hazardous and Noxious Substances (HNS) transported by sea is the subject of a workshop underway at International Maritime Organization (IMO) Headquarters, London (26-27 April).  The…

A's Considering New Ballpark Site at Port of Oakland

Apr 27, 2018

Officials at the Port of Oakland say they have entered exclusive talks with a Major League Baseball team considering the waterfront at Howard Terminal as a potential location for a new ballpark.On Thursday, port commissioners approved a one…

Kobe Steel Under Investigation Over Data Tampering Scandal

Apr 27, 2018

Kobe Steel Ltd said on Wednesday that it is under investigation by Japanese authorities over its data tampering, widening a scandal that undermined faith in Japan's industrial sector last year.In a statement, Kobe Steel said that 'investigating authorities' were conducting an inquiry…

Bollore Under Formal Investigation in Africa Graft Probe

Apr 25, 2018

A French judge on Wednesday placed tycoon Vincent Bollore under formal investigation over allegations his company undercharged for work on behalf of presidential candidates in two African nations in return for port contracts.Bollore's company…

New App Helps Ship Owners Comply with Fuel Regs

Apr 25, 2018

Bureau Veritas has introduced the first phase of My Fuel Consumption, a cloud-based and secure web application for desktop, mobile and tablet that aims to make compliance easy, with a digitized process throughout the various steps of IMO-DCS…

Baltic Exchange Launches Escrow Service for Vessel Sales

Apr 25, 2018

The Baltic Exchange announced it will launch an Escrow Service for its members to hold deposits for ship sale transactions.The paid-for service will be available from May 2018 for use in transactions where the buyer of the vessel is a Baltic Exchange member…

US Questions COSCO's Long Beach Terminal Takeover

Apr 23, 2018

A U.S. national security review has raised concerns about a takeover by China's COSCO Shipping Holdings Co of a large container terminal in Long Beach, California, the Wall Street Journal reported on Friday.The terminal is part of COSCO's planned $6…

South Korea Eximbank Pledges Huge Loans to Shipping

Apr 22, 2018

As part of the government's large-scale rescue plan for shipping sector, the Export-Import Bank of Korea  (Korea Eximbank) sets a figure for loans and guarantees to the country's shipping sector.  According to Yonhap, Korea Eximbank will funnel more than 800 billion won ($749…

Hapag-Lloyd to Cut CO2 Emissions by 20 % by 2020

Apr 22, 2018

Hapag-Lloyd is publishing the company’s first sustainability report ever yesterday (April 22) as the world celebrates “Earth Day,” which says that the company had achieved 46 percent reduction between 2007 and 2016. Within the report, the…

Mark Chu Steps Down as COO of Seaspan

Apr 20, 2018

Seaspan Corporation, the world's largest independent containership owner operator, has announced that Mark Chu has notified the company that he plans to step down from his roles as General Counsel and Chief Operating Officer to pursue other opportunities…

EU Suspects Tax Fraud at China's New Gateway to Europe

Apr 20, 2018

European Union and Italian authorities are investigating suspected wide-scale tax fraud by Chinese criminal gangs importing goods via Greece’s largest port of Piraeus, a trade gateway between China and Europe, officials said.“The VAT is completely evaded…

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