Legal News - page 31


U.S. Congressman Elijah Cummings Passes Away at 68

Oct 17, 2019

At approximately 6:20 AM this morning, the Office of Congressman Elijah E. Cummings Released the Following Statement:At approximately 2:30 A.M. on Thursday October 17, 2019, Congressman Elijah E. Cummings (MD-07) passed away at Gilchrist Hospice Care…

“Minor” Incident Sends Mariner Down S&R Rabbit Hole

Oct 16, 2019

The twists and turns of any marine casualty investigation can be unpredictable, but what is predictable is the potentially crushing cost to defend your license, livelihood and professional reputation.It was early afternoon on a late summer day…

MPA Revokes Bunker Craft Licence of Inter-Pacific Petroleum

Oct 15, 2019

The Maritime And Port Authority (MPA) of Singapore has stripped marine fuel services provider Inter-Pacific Petroleum (IPP) of its bunker craft operator licence in the port of Singapore, effective immediately.Inter-Pacific will not be allowed to operate tankers used to load marine fuel…

Gulf of Guinea Remains Piracy Hotspot

Oct 15, 2019

The Gulf of Guinea remains a high risk area  for piracy and armed robbery, according to the International Chamber of Commerce International Maritime Bureau’s (IMB) report for the third quarter of 2019. The region accounts for 86% of crew taken hostage and nearly 82% of crew kidnappings globally…

UK Focuses on Safety of Navigation

Oct 15, 2019

International Maritime Organization (IMO)'s rules and regulations for suppressing unlawful acts against the safety of navigation can be seen in the wider context of the global fight against terrorism.The United Nations Counter-Terrorism Committee…

SPII Holdings Finalizes Acquisition of DryShips

Oct 14, 2019

The shareholders of the dry bulk shipping company based in Athens, Greece, DryShips,  voted in favor of the proposal to authorize and approve the previously announced agreement and plan of merger with SPII Holdings.SPII, a company controlled by DryShips’ chairman and CEO…

BWM Convention Modification Enter into Force

Oct 14, 2019

The amendments to an international treaty aimed at preventing the spread of potentially invasive species in ships’ ballast water came into force yesterday (October 13), the International Maritime Organization (IMO) said.Ships regularly take on sea water…

Addressing Invasive Species in Ships’ Ballast Water

Oct 14, 2019

The BWM Convention amendments formalizing the implementation schedule for the D-2 standard are now in force. Amendments to an international treaty aimed at preventing the spread of potentially invasive species in ships' ballast water entered into force on October 13…

U.S. Sanctions Bite; Traders Shun 300 Tankers

Oct 11, 2019

Nearly 300 oil tankers globally have been placed off limits as companies fear violating U.S. sanctions against Iran and Venezuela, driving freight rates to new highs, industry sources said.The move has taken roughly 3% of the global oil tanker fleet out of the market…

CNOOC Seeks Replacements for Sanctioned COSCO LNG Tankers

Oct 11, 2019

China National Offshore Oil and Gas Company (CNOOC) is on the hunt for liquefied natural gas (LNG) tankers to charter, several industry sources told Reuters, looking to replace ships it had previously hired that are linked to a Chinese company…

U.S. Sanctions Deal Blow to LSFO for 'IMO 2020'

Oct 11, 2019

Highly sought after types of oil best suited to making cleaner shipping fuel are suddenly finding they are a tougher sell for thirsty East Asian markets, traders say, in an unintended consequence of U.S. sanctions on a Chinese shipping fleet…

Greece Trims Piraeus Port investment plan

Oct 10, 2019

Greece has trimmed an investment plan by Piraeus Port Authority (PPA) to boost operations at one of Europe's largest harbours, rejecting proposals for a new container terminal.PPA, majority owned by China's COSCO Shipping , had submitted to Greece's shipping ministry an 800-million-euro plan…

Bourbon Receives Takeover Offer

Oct 09, 2019

French marine services group Bourbon Corporation, which has been in a court restructuring process after its business was impacted by volatile energy markets, said it had received a takeover offer for its assets.'As part of the reorganization proceedings opened since August 7…

COSCO Tankers Disable AIS as Sanctions Bite

Oct 09, 2019

About one-third of the oil tankers owned by COSCO Shipping Tanker (Dalian) have shut off their ship-tracking transponders since the United States imposed sanctions on the company for allegedly shipping Iranian crude, shipping data showed.From Sept…

UK-bound Trucks at Risk after Brexit - DTA

Oct 09, 2019

Almost a third of companies who ship goods to Britain through the Netherlands have failed to complete the necessary paperwork for their trucks to embark on ferries after Brexit, the Dutch transport association TLN said on Wednesday.'The registration is absolutely necessary…

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