Legal News - page 106


FMC: Update Regarding Commission Briefings on the Status of Hanjin Shipping

Sep 23, 2016

The status of Hanjin Shipping and the disruptions caused by its bankruptcy to the American shipping community, as well as global supply chains, was examined closely by the Federal Maritime Commission during the closed session of the September 20…

ABS' New Subchapter M Guide

Sep 22, 2016

[Press Release] ABS announced the publication of the ABS Guide for Building and Classing Subchapter M Towing Vessels. The Guide is designed to aid domestic owners comply with new U.S. Coast Guard (USCG) requirements governing towing vessels that operate in U…

Busan: Business May Not be As Usual, Post Hanjin

Sep 21, 2016

Though Busan Port, the largest customer of Hanjin Shipping and hit hardest by the Liner's collapse,  asserts that everything is under control, doubts are being raised on Hanjin rehab plan as ships clog at the South Korean port, reports Reuters…

India to Give Autonomy to 12 Major Ports

Sep 21, 2016

The Indian Ministry of Shipping has prepared a draft Bill “Major Port Authorities Act, 2016” to replace the age-old Major Port Trusts Act, 1963, with a view to promote port infrastructure and facilitate trade and commerce. In the Bill,…

NRF Pushes Hanjin Concerns with Commerce Department

Sep 20, 2016

The National Retail Federation and the Hardwood Federation has led a coalition of 120 organizations representing retailers, manufacturers, agribusinesses and other sectors affected by the Hanjin Shipping bankruptcy in sending a letter to Commerce…

Boskalis to cut 650 jobs, 24 vessels

Sep 20, 2016

Royal Boskalis Westminster N.V. (Boskalis) announces that its Works Council has unanimously rendered a positive advice on the fleet rationalization plan announced early July. Part of the positive advice in an agreement to continue to crew two…

Hanjin Says US-bound Ship is Being Held 'Hostage'

Sep 15, 2016

A lawyer for Hanjin Shipping Co Ltd , the failed South Korean container carrier, said on Thursday a U.S.-bound vessel was held 'hostage' by disputes over payments, adding to the struggles in getting $14 billion of cargo off its ships stranded at sea…

Cochin Shipyard Gears Up for IPO

Sep 14, 2016

India’s biggest shipbuilder under state control, Cochin Shipyard Ltd (CSL) is looking to file documents for its initial public offering (IPO) with the markets regulator by the end of this month, reports Live Mint. According to sources,…

Lloyd’s Register, MarineCFO Partner to Provide Turnkey SubM Solutions

Sep 13, 2016

Industry Innovators Combine to lead US Towing Vessel Compliance. Lloyd’s Register North America, Inc. has formally announced to the United States Coast Guard its intention to assume Subchapter M Third Party Organization duties effective immediately…

Hanjin Gets US Court Order, Cash to Unload Ships

Sep 09, 2016

A U.S. judge said on Friday he will grant Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. South Korea's Hanjin asked U.S. Bankruptcy Judge John Sherwood…

Ballast Water Convention to Enter into Force in 2017

Sep 08, 2016

Finland has acceded to the International Convention for the Control and Management of Ships' Ballast Water and Sediments (BWM Convention), triggering the 2017 entry into force of an international environmental protection measure that aims to…

Australia Bans Bulk Carrier for 12 Months

Sep 06, 2016

Hong Kong flagged bulk carrier Five Stars Fujian has been banned from Australian ports for 12 months once it was discovered that the vessel lacked sufficient provisions for its intended voyage and the crew had not been paid in several months…

CMA CGM's Integration of NOL

Sep 03, 2016

After successfully acquiring a controlling interest in NOL, CMA CGM has consolidated the Singapore-based company since 14 June, says a press release from the company. Singapore’s Neptune Orient Lines (NOL) is the parent company of container carrier APL…

Hill Dickinson Appoints Partner in Hong Kong

Sep 02, 2016

International law firm Hill Dickinson will be welcoming new partner Caroline Thomas to its Hong Kong practice on 5 September 2016.  Caroline specialises in insurance, shipping and competition law with a focus on dispute resolution and regulation…

44 Hanjin Ships Denied Access to Ports

Sep 02, 2016

Some 44 of Hanjin Shipping Co Ltd's ships have been so far denied access to ports while 1 ship has been seized, Reuters reports quoting a company spokeswoman. The 44 ships include instances where port service providers such as lashing firms have denied service…

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