Legal News - page 97


Florida Ports Drop Plans to Ink Pacts with Cuba

Jan 28, 2017

Two Florida ports have canceled plans to sign cooperation pacts with Communist-ruled Cuba after state Governor Rick Scott threatened to cancel their funding if they did business with the 'Cuban dictatorship.'The news comes as Cuba watchers…

AAPA ‘Encouraged’ By Senate Dems’ Infrastructure Plan

Jan 28, 2017

The American Association of Port Authorities (AAPA) – the recognized and unified voice of America’s seaports – is encouraged by the release yesterday of the infrastructure investment outline by Senate Minority Leader Chuck Schumer (D-NY) and Senate Democrats…

Former Hanjin General Counsel Joins Montgomery McCracken

Jan 25, 2017

Wook Chung, former General Counsel at Hanjin Shipping America, has joined the maritime and transportation practice of law firm Montgomery McCracken. Chung will serve as Of Counsel in the firm’s New York office. As General Counsel at Hanjin Shipping America…

FMC Commissioner Doyle Rejects Blanket Authorities for Foreign Ro/Ro Carriers

Jan 25, 2017

Commissioner William P. Doyle Votes to reject joint contracting authority for Ro/Ro foreign carriers to negotiate collectively for U.S.-Flag tug services. Doyle's Statement, shown below, says new rules go beyond the scope of the Shipping Act and shipping practices harmful to U…

Hill Dickinson to operate as single entity in Hong Kong

Jan 24, 2017

International law firm Hill Dickinson has announced that its application to operate as a single entity in Hong Kong has been approved by the Law Society of Hong Kong following the completion of a three year period of association with a local Hong Kong firm…

EU Council Adopts Port Reform

Jan 23, 2017

On 23 January, the Council of Ministers adopted the Port Regulation, which concludes the procedure at first reading. The European Parliament voted on 14 December 2016.  The legal act will be signed by both institutions in mid-February and published in the EU Official Journal a few weeks later…

Shipowner OSG, Former CFO, Charged over Tax Evasion

Jan 23, 2017

The U.S. Securities and Exchange Commission said it charged on Monday shipping conglomerate Overseas Shipholding Group (OSG) and its former chief financial officer Myles Itkin with failing to recognize some $512 million in tax liabilities. OSG…

OOIL, COSCO Deny Deal Rumors

Jan 22, 2017

China Cosco Shipping Corporation Limited (Cosco Shipping) and Orient Overseas (International) Limited (OOIL)  denied reports that they are in negotiations for Cosco Shipping to take over OOIL subsidiary Orient Overseas Container Line (OOCL)…

HMM Acquires 20% Stake in Long Beach Terminal

Jan 19, 2017

South Korean shipping line Hyundai Merchant Marine Co. (HMM) said it will buy a fifth of the company that runs the biggest container terminal at Long Beach Total Terminals International terminal (TTI), Calif., the U.S.’s second-largest port…

DoJ looks back at 2016

Jan 19, 2017

The Department of Justice’s Environment and Natural Resources Division has announced  the publication of its accomplishments in 2016, documenting one of the most successful years in its history of over a century, including the highest recoveries in environmental enforcement…

Record number of Arbitration cases filed under ICC Rules

Jan 19, 2017

The International Court of Arbitration of the International Chamber of Commerce (ICC) has announced record figures for new cases filed for administration under ICC rules in 2016.According to preliminary statistics, a total of 966 new cases…

IMCA Backs IMO's Emissions Roadmap

Jan 18, 2017

The International Marine Contractors Association (IMCA) believes that the roadmap adopted by the Marine Environment Protection of IMO (MEPC 70) to develop a comprehensive strategy to reduce greenhouse gases (GHG) emissions globally from shipping…

Diana Enters Time Charter Contract with Koch

Jan 15, 2017

Diana Shipping has signed a time charter agreement with Koch Shipping Pte. Ltd, Singapore, for one of its newcastlemax dry bulk vessels. Under the agreement, Koch will employ the 208,500 dwt newbuilding, to be named San Francisco, for a gross charter rate of $11…

Wölk Named CEO of bMC

Jan 11, 2017

brand MARINE CONSULTANTS GmbH (bMC) announced that Peter Wölk joined the company as CEO based in Hamburg on January 1, 2017. As a member of the company’s management team, he will shape strategic, operational and commercial business activities and initiatives for bMC around the world…

Liberian Registry Strengthens Asia Team

Jan 10, 2017

The Liberian Registry has announced strategic new appointments in a number of key areas within the Asian regional offices operated by its US-based manager, the Liberian International Ship & Corporate Registry (LISCR). Wan Ching Chiang has…

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