Companies in Singapore will have to consider and manage any potential impact on their business activities, transactions, and customer relationships when dealing with Russian crude oil and refined products, a government official said on Friday…
Law firm Squire Patton Boggs (SPB) has partnered with freight market information organization The Baltic Exchange to provide a vessel sale and purchase (S&P) transaction closing service for the global shipping industry. The service will be led…
A significant element of the U.K. government’s levelling up plan to create thousands of jobs, regenerate more deprived areas and attract overseas investors is the introduction of freeports. These special low-tax trading zones allow all kinds of businesses to trade…
Euronav filed an application request for arbitration in relation to Frontline’s action to pursue the termination of the combination agreement of July 10, 2022.Following recent acquisitions of additional shares by Famatown Finance Limited (as disclosed on Euronav’s website)…
The judge probing the 2020 Beirut blast has charged Lebanon's top public prosecutor, the then-premier and other senior current and former officials in connection with the devastating explosion, judicial sources said and court summons show.Judge…
Chilean authorities said on Wednesday they were investigating a violent heist in Chile's main seaport where thieves stole several shipping containers filled with copper belonging to state-owned giant Codelco.Juan Carlos Catalan, the local prosecutor…
The International Maritime Organization (IMO) has adopted a U.S. proposal to increase protections for endangered blue, fin and humpback whales off the California coast. The proposal takes effect this summer and expands areas that vessels should avoid to give whales more space…
Norwegian Cruise Line must pay $110 million in damages for use of a port that Cuba's government confiscated in 1960, a U.S. judge ruled on Friday, a milestone for Cuban-Americans seeking compensation for Cold-War era asset seizures.The decision by U…
Egyptian authorities seized more than 18 million narcotic tabs hidden in three containers in the Mediterranean seaport of Alexandria, the interior ministry said on Monday.The 34-tonne cargo was on board a ship that docked at the northern port in transit before departing to an unspecified country…
Svitzer Australia, a subsidiary of A.P. Møller – Maersk, announced on Monday that it will lock out all harbor towage employees covered under its 2016 National Towage Enterprise Agreement and their union bargaining representatives starting Friday…
Around 600 workers at Liverpool port, one of Britain's busiest ports, will end strike action after agreeing a pay deal with employer Peel Ports, the Unite union said on Thursday.Unite said workers had voted 'overwhelmingly in favor' of pay rises worth 14…
U.S. federal Maritime Commission Chairman Daniel B. Maffei announced Phillip C. “Chris” Hughey has been hired as the General Counsel of the Federal Maritime Commission and appointed to be a member of the Senior Executive Service.In his capacity as General Counsel to the Commission…
Germany may allow China's Cosco to take a smaller stake than originally planned in a Hamburg port terminal, in what an economy ministry source on Tuesday described as an 'emergency solution' to approve the deal but mitigate the impact.Shipping…
Workers at a Liverpool port, owned by Peel Ports Group, will go on strike from Monday for two weeks after talks with the port operating company broke down due to disagreements over increase in pay, UK's Unite union said on Friday.Peel Ports'…
Germany has ordered police to guard LNG terminals under construction and increased aerial supervision of its rail network as it prepares a law to bolster the protection of critical infrastructure, its interior minister told Reuters.Suspected…