Legal News - page 158


Felixstowe Port Goes Green

Sep 19, 2015

The Port of Felixstowe is creating an environmental corridor as part of the Go Green campaign launched by Hutchison Port Holdings (HPH) and a number of other global port operators.The initiative at Felixstowe will include the refurbishment of part of a system of dykes within the port…

Maritime Security Threats ‘Far from Eradicated’ -MAST

Sep 18, 2015

The need to regulate and police the maritime domain to tackle global threats is as pressing as ever, according to Phil Cable, CEO and cofounder of maritime security company MAST.  “The global threats faced by the maritime environment, whether it be terrorist…

Industry Award for Simrad Halo Pulse Compresssion Radar

Sep 18, 2015

Simrad Yachting announced today that Simrad HALO Pulse Compression Radar has been awarded the National Marine Manufacturers Association (NMMA) Innovation Award in the OEM Electronics category at the 2015 International BoatBuilders’ Exhibition & Conference (IBEX)…

APM Terminals Liberia Sees Economic Recovery

Sep 18, 2015

Addressing the US - Liberia Trade & Investment Forum in New York City, APM Terminals Liberia Managing Director George Adjei points to a 30% increase in import container traffic at Liberia’s largest port as a reason for great confidence in Liberian investment…

Wah Kwong Acquires DNV GL's ShipManager

Sep 18, 2015

Wah Kwong Ship Management (HK) Limited will adopt DNV GL’s ShipManager integrated fleet management software suite to further improve operational efficiency, data transparency and safety reporting.Wah Kwong is a leading provider of maritime transport in the bulk carrier…

Ceona Ship Goes to Court Appointed Administrator

Sep 18, 2015

UK offshore vessel owner  Subsea contractor Ceona has gone into administration, with the loss of 102 jobs. Ceona and Ceona Services (UK) Ltd have been hit by the depressed subsea market caused by the low price of Brent crude oil. The…

Shell, BG Merger Faces Roadblock

Sep 18, 2015

The Australian Competition and Consumer Commission (ACCC) has raised concerns that Royal Dutch Shell's proposed $70 billion takeover of BG Group may lessen gas supply competition in eastern Australia and delayed a final decision on the bid to November…

Cole Quits Beach Energy

Sep 17, 2015

Beach Energy Ltd announced today that Robert Cole resigned as Managing Director of the company. Mr Cole will remain with Beach until 14 October 2015 to allow for an orderly transition.As announced on 19 August 2015 Mr Cole has been on leave to attend to family matters in Perth…

Risk Profile of Hull Market Improving - IUMI

Sep 17, 2015

IUMI – the International Union of Marine Insurance – at its annual conference in Berlin yesterday announced that global hull premiums for 2014 totalled USD 7.6bn, a 5.8% reduction from 2013. IUMI’s Ocean Hull Committee Chairman, Mark Edmondson…

Global Maritime Files for Bankruptcy

Sep 17, 2015

Dry-bulk shipper Global Maritime Investments Cyprus Ltd. filed for chapter 11 bankruptcy protection New York  Tuesday in order to liquidate its business due to a continued industry downturn, reports WSJ.  The bankruptcy filing of the international shipping company came in New York…

USN Names Next LCS

Sep 16, 2015

Secretary of the Navy Ray Mabus announced today that the next Independence-variant Littoral Combat Ship (LCS) will be named USS Tulsa (LCS 16).The selection of the name honors Oklahoma’s second largest city. Tulsa will be the second, commissioned ship to bear the name…

Kildahl Named to Höegh LNG Board

Sep 16, 2015

Höegh LNG Holdings Ltd. has appointed Mr. Jørgen Kildahl to the Board of Directors of the Company with effect from 15 September 2015. The Board now consists of eight members.Kildahl has since 2010 been a Member of the Board of Management (Vorstand) in E…

Will Cosco-CSCL Merger be a Trend-setter?

Sep 16, 2015

A China Ocean Shipping Company COSCO-China Shipping Container Lines (CSCL)merger makes financial sense, but would have huge implications for competition in the container shipping industry, according to Drewry Maritime Research. Drewry Shipping…

New IACS Chairman Pinpoints Top Priorities

Sep 15, 2015

ABS CEO Pledges to Support Three Areas Crucial to Industry as it Tackles Current Challenges With an Eye to the FutureABS Chairman, President and CEO Christopher J Wiernicki has set out his priorities as incoming IACS chairman, emphasizing…

SHIPPINGInsight to Focus on Ship Telematics

Sep 15, 2015

The directors of SHIPPINGInsight today announced that U.S. Merchant Marine Academy professor Capt. David Moskoff has agreed to be a special guest speaker at the 2015 Fleet Optimization Conference & Exhibition. The annual event takes place Oct…

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