Legal News - page 152


GAC to Showcase Bespoke Services for Gas Carriers at Gastech

Oct 26, 2015

GAC is showcasing its full range of ship agency and related services for gas carriers at the Gastech, where GAC’s groundbreaking ‘HullWiper’ ROV system will also be on display. Launched in late 2013, the HullWiper Remotely Operated Vehicle (ROV) system offers an eco-friendly…

UK Shipbroker Victim of Dubai Fraud

Oct 24, 2015

UK headquartered shipbroker Century Marine Services has been the victim of a sophisticated fraud by a Dubai based firm calling itself Matin Marine Services. Despite having no business relationship with Century Marine Services, Matin Marine…

Human Factor Competencies for Future Mariner

Oct 24, 2015

Capt Pradeep Chawla, Managing Director QHSE & Training, Anglo-Eastern Ship Management Ltd., Presented a paper at the Nautical Institute Hong Kong Branch Seminar – “Competencies of a Future Mariner” on 23 October 2015. Following is the extract…

Inmarsat welcomes President Xi to London Headquarters

Oct 23, 2015

Inmarsat welcomed the President of the People’s Republic of China, Mr Xi Jinping to its London headquarters, as part of the President’s historic State Visit to the UK.The visit reflects the close working relationship between Inmarsat and China…

Brazil Deepens Bribery Probe

Oct 23, 2015

Brazil’s Parliamentary Commission of Inquiry (CPI) has recommended the deepening of investigations into 10 companies - including Keppel, SembCorp Marine and Kawasaki Heavy-  involved in the alleged bribery transactions with Petrobras and Sete Brasil…

Daewoo Shipbuilding May Post Loss of Over US$4.6 Bln

Oct 23, 2015

Daewoo Shipbuilding & Marine Engineering Co. (DSME) is expected to log an operating loss of over 5 trillion won (US$4.4 billion) this year, up by some 1 trillion won from previous forecasts, reports Yonhap. The outlook follows a recent audit by the state-run Korea Development Bank (KDB)…

Cosco Singapore Under Pressure

Oct 23, 2015

Shipbuilding and dry bulk shipping company  Cosco Corp (Singapore) expects to post a loss in the third quarter ended September 30, 2015 compared to a profit recorded in the same period a year earlier.  The  financial pain comes on the back of the offshore slump…

Brazil Gives SBM Ultimatum in $250M Bribery Settlement

Oct 22, 2015

Brazil has told Dutch SBM Offshore NV, the world's top oil production ship leaser, to agree soon to a $250 million bribery settlement if it wants to regain its biggest client in the world's largest oilship market, a government source told Reuters…

Oil, Wind Join Forces in DNV GL-led WIN WIN JIP

Oct 22, 2015

The concept of using wind power for offshore oil and gas applications is one step closer to realisation. WIN WIN, a DNV GL-led joint industry project (JIP), is running with the following seven participants: ExxonMobil, ENI Norge, Nexen Petroleum UK Ltd…

Indian Navy Still Waits to Take Call on Torpedoes

Oct 22, 2015

India government’s failure to take a decision on the purchase of 98 Black Shark torpedoes worries Indian Navy as the induction of the first Scorpene submarine is less than a year away, reports DHNS. The navy plans to buy Black Shark torpedoes…

Brian Armour Joins Braemar

Oct 21, 2015

Braemar (incorporating The Salvage Association) has appointed Brian Armour as Senior Maritime Civil Engineer within its Ports & Harbours division.Brian will be based in the Singapore office and has many years’ experience in the design, analysis…

EU Approves German Shipping Bank Bailout

Oct 21, 2015

The EU Commission has accepted a comprehensive rescue plan for the German shipping bank - HSH Nordbank -  which will offload approximately USD 7 billion of its troubled assets back onto the government and privatize. The bank's owners, which bailed out HSH in the financial crisis…

Italy's LSCT Executives Tour Asian Logistics Hubs

Oct 20, 2015

In Singapore, senior executives from Italy's La Spezia Container Terminal - Contship Italia Group will kick off a tour of key cargo hubs across south east and east Asia today to raise awareness and promote the benefits of La Spezia Homeport…

WTO Receives 50th Ratification of TFA

Oct 20, 2015

The WTO received the 50th ratification of the Trade Facilitation Agreement (TFA) after the former Yugoslav Republic of Macedonia deposited its instrument of acceptance on 19 October.Concluded at the WTO’s 2013 Bali Ministerial Conference…

AOA Calls for Southern Ocean Conservation Commitments

Oct 19, 2015

The Antarctic Ocean Alliance (AOA) called on the 25 member countries gathering today for the annual meeting of the Commission for the Conservation of Antarctic Marine Living Resources (CCAMLR) to finally agree on lasting and significant Southern Ocean protection…

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