Legal News - page 18


Port of Tallinn Enacts New Rules for Hull Cleaning

May 21, 2021

Estonia's Port of Tallinn has implemented new rules requiring the collection of residue from underwater hull cleaning operations while in port.Ellen Kaasik, the port's environmental manager, said the measures are part of a major activity plan…

Ever Given Insurer Says Egypt's Reduced Claim is Still Too High

May 10, 2021

UK Club, an insurer of the container ship that blocked the Suez Canal in March, said on Monday a reduced compensation claim made by the Egyptian authorities for almost $600 million to free the vessel and cover related losses was still 'exceptionally large'…

DCT Gdańsk Baltic Hub 3 Project: Invitation for Prequalification

May 07, 2021

DCT Gdańsk S.A. has started a prequalification process to tender for the Baltic Hub 3 Project. DCT invites firms and joint ventures to prequalify to tender for Baltic Hub 3 General Contractor. The project in-cludes:Site establishment and demolition of existing disused Terminal T1 marine structures…

Egyptian Court Rejects Appeal Against Ever Given Detention in the Suez Canal

May 04, 2021

An Egyptian court on Tuesday ruled that the containership which blocked the Suez Canal in March could continue to be held in the waterway, rejecting an appeal by its Japanese owner against its detention, a judicial source said.The Ever Given…

Singapore Adds 23 Charges Against Founder of Oil Trader Hin Leong

Apr 30, 2021

A Singapore prosecutor filed 23 additional forgery-related charges on Friday against Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd.Last year, police had charged the 79-year-old former oil tycoon, better known as O K Lim…

Three More Ever Given Crew Members Cleared to Go Home

Apr 29, 2021

Three crew members aboard the cargo vessel that blocked global shipping in the Suez Canal last month will be allowed to return home, the ship’s manager said on Thursday.The Ever Given has been anchored in a lake between two sections of the canal…

CDC 'Committed' to Restarting US Cruise Operations by Mid-summer

Apr 29, 2021

The U.S. Centers for Disease Control and Prevention (CDC) is “committed” to the resumption of cruise industry passenger operations in the United States by mid-summer, the agency said on Wednesday, announcing new steps to speed approvals.The…

Suez Canal Hopes for Deal on Detained Ever Given

Apr 26, 2021

The head of the Suez Canal Authority (SCA) said on Monday he hoped talks would soon yield an agreement with the owner and insurer of a giant container ship which is still being detained since it blocked the waterway for six days last month.The…

Ever Given's Insurer Appeals Detention by Egypt

Apr 23, 2021

UK P&I Club, an insurer of the Ever Given cargo ship which ran aground in the Suez Canal in March, said on Friday it had filed an appeal in an Egyptian court over the detention of the vessel by authorities.The Ever Given has been anchored in…

US FMC Eases Service Contract Filing Requirements

Apr 20, 2021

Shippers and carriers will soon have more flexibility in meeting service contract filing requirements as the result of a rule change approved by the U.S. Federal Maritime Commission (FMC) going into effect on June 2, 2021.The final rule amends…

Coverage for Suez Canal Supply and Trade Disruptions

Apr 14, 2021

The six-day blockage of the Suez Canal by the Ever Given has resulted in numerous trade and supply chain disruptions for businesses that depend on timely shipments. At least 400 cargo ships were stuck and many forced to reroute. Businesses may…

Ever Given Held in Egypt as Compensation Talks Continue

Apr 13, 2021

A ship that blocked the Suez Canal for almost a week in March has not been given clearance to leave the waterway as discussions continue over a compensation claim made to the vessel’s owner Shoei Kisen, an official from the Japanese company said on Tuesday…

Reinsurers Set to Bear Brunt of Costs for Suez Canal Grounding

Apr 08, 2021

Reinsurers are set to foot most of the bill for the grounding of the ship that halted traffic in the Suez Canal, industry sources said, with payouts expected to run into hundreds of millions of dollars.International supply chains were thrown…

Cocaine Seized From Bulker Anchored Near Annapolis

Apr 01, 2021

More than 44 pounds of cocaine was seized from a Marshall Islands-flagged bull carrier anchored in the Chesapeake Bay near Annapolis, Md., on Wednesday.The drugs were discovered during an early morning examination by officers and agents from the DEA…

Global Reinsurers Stare at Massive Losses from Suez Canal Blockage

Mar 29, 2021

The blocking of the Suez Canal by one of the world’s largest container ships is likely to result in losses worth hundreds of millions of euros for the reinsurance industry, Fitch Ratings said, even as rescue teams were successful in partially refloating the vessel on Monday…

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