Legal News - page 112


Industry Unprepared for New Container Weighing Rules, says IUMI

Jun 20, 2016

Helle Hammer, Managing Director Cefor & Chair of the International Union of Marine Insurance (IUMI) Political Forum discuss about Container Weighing Rules. As of 1 July 2016, only containers with a verified gross mass will be allowed to…

Crowley Scholarships for Four Maine Maritime Academy Students

Jun 19, 2016

Crowley Maritime Corp.’s Thomas B. Crowley Sr. Memorial Scholarships have helped to further educational opportunities for four students of Maine Maritime Academy (MMA). The four recipients, J.T. DiGuglielmo, Jordan Harmon, Sean O’Connor and Luke Olson…

Indonesia Again Seizes Chinese Fishing Boat

Jun 19, 2016

Indonesian navy officials detained a Chinese boat along with seven Chinese crew members for allegedly fishing in Indonesian maritime territory in the disputed South China Sea region, Ap reported quoting Indonesia's navy spokesman. The Indonesian…

Shipbrokers Challenge Baltic Exchange

Jun 19, 2016

Several key dry bulk shipbrokers have formed the Competitive Ship Brokers Limited (CSBL) to challenge the Baltic Exchange over their role in the market as it tries to sell itself to the Singaporean financial giant SGX, reports the Telegraph…

Star Bulk Sets Terms on Reverse Stock Split

Jun 19, 2016

Athens-based Star Bulk Carriers Corp has determined to effect a 1-for-5 reverse stock split of the Company's common shares.  The Company's shareholders approved the reverse stock split and granted the Board the authority to determine the…

Brazil Fines Samarco 142 mln Reais for Damages

Jun 18, 2016

Brazil's Environment Ministry fined mining company Samarco 142 million reais ($41.6 million) for damages to three protected areas resulting from a tailings dam burst in November, the ministry said on Friday.The ministry said in a statement…

Strike at French Oil Hub near Marseille Ends

Jun 18, 2016

France's hardline CGT union ended on Friday a strike that had paralysed traffic for 26 days at the Fos Lavera oil terminals on the Mediterranean, the country's biggest oil hub, a management official at port operator Fluxel said.'Unloading resumed at the port at 9 p…

Indian Govt Mulls Logistic Parks to facilitate MTO

Jun 18, 2016

Government is planning to locate logistics parks next to ring road and by-pass roads in an effort to reduce pollution and traffic and facilitate multi-modal transport (MTO) across the country, said Honourble Union Minister for Shipping and road transport…

DP World Chairman Meets President of Kazakhstan

Jun 18, 2016

DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem met with the President of Kazakhstan, Nursultan Nazarbayev, at the St Petersburg International Economic Forum (SPIEF) this week to enhance the co-operation between DP World and Kazakhstan…

SOLAS: What Does it Mean for Customers?

Jun 18, 2016

Vincent Clerc, the Chief Commercial Officer at Maersk Line takes a look on Safety of Life at Sea (SOLAS). Effective July 1, 2016, SOLAS will require that shippers of a packed container provide its verified gross mass (VGM). The customer…

Call for EU Levy on NOX Emissions from Ships

Jun 18, 2016

A new study says revenues generated by levy on nitrogen oxide (NOx) emissions for shippingcould be used to fund the uptake of NOx abatement measures. Transport & Environment (T&E) study said the results of a new study show that the revenues…

Virginia Port Sees 2% Volume Growth

Jun 17, 2016

The Port of Virginia processed 219,398 twenty-foot equivalent units (TEUs) in May, bringing the port to 2 percent growth in TEU volume for the calendar year and 2.6 percent growth in the fiscal year, which ends July 1.“Volume for May was not as high when compared with last year…

UASC Readies with VGM Processing

Jun 17, 2016

The SOLAS Container Weight Verification Requirement Verified Gross Mass (VGM) - System readiness by UASC. United Arab Shipping Company (UASC) announced that the following e-channels will be ready for receiving and processing the VGM information on/after 18 June…

ABS is Japan's First Foreign RO for Maritime Labor Inspection

Jun 16, 2016

ABS has been selected by the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT) as Japan’s first foreign Recognized Organization (RO) for maritime labor inspection.Maritime Labor Convention comprises 16 articles, containing general provisions…

Malaviya Seven Detained in Aberdeen on Claims of 'Slavery'

Jun 16, 2016

The offshore supply ship, MV Malaviya Seven detained, at the Port of Aberdeen, UK, by the International Transport Federation [ITF] with the support of the Port State Control, MCA – was operating under what the shipping union, RMT, has described as a ‘blatant example of modern day slavery’…

Current News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

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Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

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