Legal News - page 127


Sutherland Continues Expansion in the Northeast

Mar 28, 2016

Sutherland Asbill & Brennan LLP has announced that Paul C. Freeman has joined the firm’s Energy, Environmental and Commodities Practice Group as counsel in the New York office.  Prior to joining Sutherland, Freeman maintained a diverse practice as the principal of Freeman Law Group…

Highest Officer in US Navy Bribe Scheme Sentenced to 46 Months

Mar 28, 2016

A federal judge in San Diego on Friday sentenced a U.S. Navy captain caught in a $30 million bribery scandal to 46 months in prison, bringing to a close the case against the highest-ranking officer in the fraud scheme. Captain Daniel Dusek…

ICS Deliberate on “Legal Issues relating to Shipping & Ports”

Mar 28, 2016

ICS, East India Branch conducted conference on Legal matters pertaining to Maritime Sector prior to joining hands with M/s Hinode Events a Knowledge Partner to serialise this an Annual Conference on Legal Maritime Legal matters. The Branch takes…

Hyundai Merchant Heading for Bankruptcy ?

Mar 28, 2016

A bankruptcy of Hyundai Merchant Marine (HMM) would become the biggest ever in the shipping sector, and the creditors seem on the way to taking over control with the shipping group. Without further government support, bankruptcy is growing…

Iranian Ships Start Calling at Antwerp port

Mar 26, 2016

The Iranian shipping company Islamic Republic of Iran Shipping Lines (IRISL) called at the port of Antwerp with one of its ships this week, for the first time since economic sanctions were lifted. The honour of being the “first” Iranian ship…

US Nabs Sub Carrying $200M of Cocaine [Video]

Mar 26, 2016

A mini-submarine carrying $200 million worth of cocaine was intercepted by authorities in the Eastern Pacific Ocean.  The Customs and Border Protection air crew from Corpus Christi was involved in the arrest of four people aboard a mini-submarine headed for the U…

Savannah Handles Imported Grapes

Mar 25, 2016

The Port of Savannah is now handling grapes imported from Peru, adding to the list of cold-treated perishables using Savannah as a port of entry. 'Savannah currently handles avocados, citrus and sweet onions from Peru,' said Georgia Ports Authority Executive Director Curtis Foltz…

Decade Old Waste Dumping Treaty

Mar 25, 2016

The 1996 'London Protocol' covering the dumping of wastes at sea entered into force ten years ago today (24th March). The Protocol modernized the original “London Convention” dumping treaty, bringing in a so-called “precautionary approach” that…

Hanjin Shipping Rely on Assets Sale

Mar 25, 2016

As part of its plans to ramp up debt restructuring and  struggle to stay afloat amid the tides of trouble, the Korean shipping line Hanjin Shipping is looking at selling assets, reports The Korea Herald. Hanjin is looking at offloading…

RINA Services Classifies the First Ships in Iran

Mar 25, 2016

RINA Services and the Asian Classification Society (ACS) recently classified the first two general cargo ships at 15,000 GT owned by IRISL, a major shipping company in Iran. This dual classification is the result of a partnership signed…

The Rationale for Shipping M&A

Mar 24, 2016

The most often quoted reason for consolidation is the reduction in unit costs which can be obtained by an operator with a larger volume of business. The ways in which these reductions can be achieved in practice are discussed in a new white paper…

Ship Insurers Plug Hole in Iran Oil Cover Left by US Sanctions

Mar 22, 2016

Ship insurers have stepped in to help plug a shortfall in cover for transporting Iranian oil resulting from the fact that U.S. reinsurers are still restrained by Washington's sanctions, according to officials involved in the initiative. International…

ISS Expands in Mexico

Mar 22, 2016

Inchcape Shipping Services (ISS), the world's leading maritime and logistics service provider, has expanded its operations in Mexico with the opening of a new office in Veracruz.The Veracruz office, ISS’ fourth in the country, will enable…

Seaway Opens 58th Navigation Season

Mar 22, 2016

The St. Lawrence Seaway Management Corporation (SLSMC) marked the opening of the Seaway’s 58th navigation season today, with the transit of Canada Steamship Lines’ Thunder Bay through Lock 3 on the Welland Canal. The ship, carrying a load of road salt…

Kongsberg GlobalSim Management Buyout

Mar 22, 2016

Kongsberg GlobalSim, the wholly owned land-segment crane simulation subsidiary of Kongsberg Maritime is to become an independent business following a management buyout announced on 21st March 2016. The buyout will enable GlobalSim to focus on its core port crane…

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