Legal News - page 12


UK Working to Solve Post-Brexit Shipping Problems

Feb 11, 2021

Britain is working to overcome post-Brexit difficulties complicating seafood exports and other shipments to the European Union, senior minister Michael Gove said on Thursday.“There are still some bureaucratic obstacles that we need to negotiate and navigate…

Hapag-Lloyd Secures 'Green Financing' for LNG-powered Newbuilds

Feb 09, 2021

German shipping company Hapag-Lloyd has joined the shift to green financing, securing funds for six liquefied natural gas (LNG) powered, 23,500 TEU containerships it ordered in December 2020.The firm said it concluded two transactions according…

Buttigieg Confirmed as US Transport Secretary

Feb 02, 2021

Pete Buttigieg was confirmed by the U.S. Senate on Tuesday by a 86-13 vote to head the U.S. Transportation Department.Buttigieg, a U.S. Navy veteran and the former mayor of South Bend, Ind., will oversee maritime, aviation, highways, vehicles…

Geollect Wins ADMIRALTY Maritime Insurance Innovation Challenge

Feb 02, 2021

The UK Hydrographic Office (UKHO) announced geospatial intelligence technology provider Geollect as the winner of the second ADMIRALTY Marine Innovation Program challenge.Launched last year in collaboration with RE_SET, the program aims to help…

Why the EU’s Proposed Carbon Border Levy is an Important Test

Jan 28, 2021

In the more than two decades since the Kyoto Protocol was adopted, national policies on climate change have had dangerously and disappointingly little effect on global emissions.Within the current economic system, perhaps the most ambitious…

Managing Risk: Shipowners Not Meeting Emission Regs Face a Big Business Risk

Jan 26, 2021

There is  increasing pressure for shipowners to sharpen their environmental performance, driven by an IMO target to halve greenhouse gas emissions from shipping by 2050, regional regulations and market pull from charterers, banks and investors…

Beirut Blast Chemicals Possibly Linked to Syrian Businessmen

Jan 18, 2021

The company that bought the ammonium nitrate which exploded in Beirut last August had possible links to two Syrian businessmen under U.S. sanctions for ties to President Bashar al-Assad, according to a report by a Lebanese journalist and London company filings…

US Imposes Fresh Sanctions on Iran

Jan 15, 2021

The United States on Friday sanctioned companies in Iran, China and the United Arab Emirates for doing business with the Islamic Republic of Iran Shipping Lines and on three Iranian entities over conventional arms proliferation.They are the…

Interpol Issues Red Notices for Ship Captain, Owner Over Beirut Blast

Jan 13, 2021

Interpol has issued red notices for the captain and owner of the ship that carried the chemicals which devastated Beirut in an explosion in August, killing 200 people, Lebanon’s state media said.Five months since one of the biggest non-nuclear blasts on record…

Scotland's Seafood Exporters Dealt New Post-Brexit Blow

Jan 11, 2021

The post-Brexit woes facing Scotland’s fishing industry deepened on Saturday as its biggest logistics provider, DFDS Scotland, said it would halt exports to the European Union through one of its main services until at least Wednesday.Previously…

Port Everglades Receives 'Marine Highway' Designation

Jan 08, 2021

Port Everglades received approval from the U.S. Maritime Administration (MARAD) for “Marine Highway” designation for a new route connecting Port Everglades with Port Houston, Puerto Rico and the U.S. Virgin Islands (USVI). National Shipping…

Ireland Eases Customs Rules as Low Demand Stops Ferry Sailings

Jan 08, 2021

Ireland's tax authority temporarily eased post-Brexit customs arrangements after some trucks were unable to deliver goods from Britain, difficulties that prompted the largest Irish Sea ferry operator to cancel some sailings from Friday.Britain's…

US Transportation Secretary Elaine Chao to Resign

Jan 07, 2021

U.S. Transportation Secretary Elaine Chao said Thursday she would resign, citing the intrusion of the U.S. Capitol by violent supporters of U.S. President Donald Trump.Chao, the wife of Senate Majority Leader Mitch McConnell, is the first Cabinet secretary to announce her departure after the events…

US Hits Iran With Fresh Sanctions

Jan 05, 2021

The United States on Tuesday blacklisted a Chinese company that makes elements for steel production, 12 Iranian steel and metals makers and three foreign-based sales agents of a major Iranian metals and mining holding company, seeking to deprive Iran of revenues as U…

Sherrard Enhances Squire Patton Boggs Commodities and Shipping Capabilities

Jan 04, 2021

Squire Patton Boggs continued the expansion of its commodities and shipping capabilities with the addition of partner Kate Sherrard into its Financial Services Practice. She joins the firm from Clifford Chance where she was Head of the Asia…

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