Legal News - page 113


Hapag-Lloyd Warns of Preventive Actions by China

Jun 14, 2016

Further to Hapag-Lloyd's information to their Customer circular issued in 4th March 2016 on the preventive actions of Zika virus for all cargoes entering China, the company has now provided an updated list of origin countries.All shipments…

Three Senior Appointments at Wikborg Rein, London

Jun 14, 2016

International law firm Wikborg Rein has further strengthened its leading presence in the shipping and offshore and onshore construction sectors with the appointment of three key senior hires to its London offices. Nick Shepherd has joined as a partner from Ince & Co…

HMM-Hanjin Marriage on Anvil

Jun 14, 2016

The Korean government has said that  it will consider merging ailing Hyundai Merchant Marine (HMM) and Hanjin Shipping should they successfully normalize their management, according to The Korea Times. 'Once the normalization program for the two shipping companies is wrapped up…

Wikborg Rein Bolsters London Team

Jun 13, 2016

International law firm Wikborg Rein has further strengthened its leading presence in the shipping and offshore and onshore construction sectors with the appointment of three key senior hires to its London offices. Nick Shepherd has joined as a partner from Ince & Co…

Tysers Appoints Montgomery as a Non-executive Director

Jun 13, 2016

Independent Lloyd’s broker Tyser & Co Ltd (Tysers), has announced the appointment of Nigel Montgomery as a non-executive Director.Montgomery is a lawyer with long experience of the insurance industry and was a partner at leading international US law firm…

Kokko Appointed Sr.V.P.-Automation & Projects, Kalmar

Jun 13, 2016

Kalmar, part of Cargotec, has appointed Tero Kokko Senior Vice President, Automation and Projects as of 1 July 2016. He will report to Antti Kaunonen, current Senior Vice President, Automation and Projects who will start as President of Kalmar as of 1 July 2016…

DNV GL Guideline Trashes Unnecessary Subsea Documentation

Jun 13, 2016

Customer-case shows potential for a 40% reduction in engineering hours on subsea paperwork, and up to 80% less documentation.A cross-industry project led by DNV GL to halt the boom in subsea documentation shows that implementing a standardized approach can significantly reduce engineering hours…

Piraeus Port Shareholders Okays Sale to COSCO

Jun 13, 2016

The buy-out of the Greece's Piraeus Port by Chinese shipping giant COSCO is closer to completion, as shareholders approved a new concession agreement, reports Reuters. Greece had already agreed in April to sell a 67 percent stake in Piraeus to COSCO for $415…

STX Shipbuilding Struggles to Survive

Jun 13, 2016

STX Offshore & Shipbuilding may be put under a court-led restructuring scheme, paving the way for the shipyard to avert liquidation, says a report in Korea Times quoting local court. Last month, STX Shipbuilding, once Korea's No. 4 shipbuilder…

Former Hanjin Shipping Chairman May Get Arrest Warrant

Jun 13, 2016

Prosecutors on Sunday sought the arrest warrant of the ex-chairman of Hanjin Shipping, who has been hit with insider trading charges, says Yonhap. Choi Eun-young is specifically charged with violating the Financial Investment Services and Capital Markets Act…

[Op-Ed] Ballast Water Facts, Not Hype

Jun 10, 2016

An Op-Ed issued by the Lake Carriers’ Association, American Great Lakes Ports Association and Great Lakes Maritime Task Force addresses the “exaggerations and inaccuracies” surrounding the Vessel Incidental Discharge Act (VIDA), and explains…

GAC - New requirement for Weight Verification at Sri Lanka Port

Jun 10, 2016

Sri Lanka’s Ministry of Ports and Shipping has issued guidance on the implementation of the SOLAS VI Regulation 2 amendment that requires the verification of gross mass in packed containers (Container Weight Verification) with effect from 1 July 2016…

Safety Boost with ABS Guidance for Developing Processes, Procedures

Jun 10, 2016

ABS has published the ABS Guidance Notes on the Development of Procedures and Technical Manuals, providing clients with best practice methodologies for developing instructional materials.“Input from ABS clients and maritime industry groups…

CMA CGM Takes Control at NOL, Reshuffles the Board

Jun 10, 2016

France’s CMA CGM now holds over 78 percent of the shares in Neptune Orient Lines (NOL), bringing it closer to taking the Singapore company private. CMA CGM currently owns approximately 78.07% of all NOL shares, and does not intend to preserve the listing status of NOL…

Fishing Company Fined after Crewman’s Death

Jun 09, 2016

New Zealand based fishing company Talley’s Group Ltd. has been fined $73,520 and ordered to pay $21,000 in reparations to the family of a crewman killed in an on-board accident in July 2014. The 24-year-old crewman Leighton Muir was decapitated…

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