Legal News - page 301


PVA Calls for TWIC Re-Evaluation

Nov 21, 2012

Passenger Vessel Association Marks 10th Anniversary of Maritime Security Law; Calls for Reevaluation of TWIC.On the tenth anniversary of the enactment of the landmark Maritime Transportation Security Act of 2002 (MTSA) (Public Law 107-295)…

Ships Bypass Port of Portland as Strike Looms

Nov 21, 2012

Ocean cargo carriers prepare to bypass the Port of Portland because of a strike planned by marine terminal security guards.The diversions by the giant freighters are expected to snarl cargo, hurt importers and exporters and further damage Portland's reputation as an international freight hub…

Aker Pulls the Plug on NPS Energy Acquisition

Nov 21, 2012

Aker Solutions has ended the process to acquire the Dubai-headquartered oil services company NPS Energy.Aker Solutions announced an agreement to buy the shares in NPS Energy on 21 May 2012. The agreement was conditional upon a series of…

Transocean Announces Interim SVP, General Counsel

Nov 19, 2012

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) has announced  that, effective immediately, Allen M. Katz, has joined the company and will serve as Interim Senior Vice President and General Counsel through June 30, 2013.    Subject to mutual agreement…

China Shipyard Delays Delivery, Contract Cancelled

Nov 19, 2012

Due to continuous delays in the construction and delivery of two Kamsarmax bulkers, Ultrabulk cancels.The bulkships were originally to be built at Zhoushan Jinhaiwan Shipyard Co. Ltd., China, but the yard failed to finish the construction within agreed contractual delivery terms…

NOAA Ship Speed Restrictions Flouted off US E. Coast

Nov 18, 2012

The National Oceanic & Atmospheric Administration (NOAA) are increasing their vigilance to protect the seasonal whale calving grounds.Despite NOAA advertising the speed restrictions it seems vessels are continuing to flout the speed limitation…

Crew Leave Transit Visa Hassles Disappoint ISF

Nov 18, 2012

The International Shipping Federation (ISF) concerned at low implementation levels of ILO Convention 185.Speaking in Manila, at a seminar organised by the International Federation of Shipmasters' Associations (IFSMA), ISF Director of Employment Affairs…

MARAD: Jones Act Waiver Reporting Requirements

Nov 16, 2012

Maritime Administration Reporting Requirements For The Special Purpose Jones Act Waiver. Hurricane Sandy Special-Purpose Jones Act Waiver Reports to Maritime Administration as Required by Waiver On November 2, 2012, the Department of Homeland Security…

BP Resolves US Government Deepwater Horizon Claims

Nov 16, 2012

BP announces resolution of all criminal and securities claims against the company relating to Deepwater Horizon accident.BP has reached agreement with the United States government, subject to court approval, to resolve all federal criminal…

USDOJ: BP Guilty in Deepwater Horizon Case

Nov 15, 2012

BP Exploration and Production Inc. Agrees to Plead Guilty to Felony Manslaughter, Environmental Crimes and Obstruction of Congress Surrounding Deepwater Horizon Incident; BP Agrees to Pay a Record $4 Billion in Criminal Fines and Penalties Two…

ISF Disappointment at Slow Implementation of ILO 185

Nov 15, 2012

The International Shipping Federation (ISF), which represents maritime employers globally, says that the low level of implementation of the International Labour Organization (ILO) Convention 185, concerning the facilitation of shore leave and crew transits…

Kritzman Joins Fowler White Burnett

Nov 15, 2012

Corporate Attorney Kritzman Joins Firm as Shareholder. Fowler White Burnett, P.A. said that Mr. Robert Kritzman has joined the firm as a Shareholder at the Fowler White Burnett downtown Miami office working in their general practice group…

Tankship Owners OSG File Chapter 11 Process

Nov 15, 2012

Overseas Shipholding Group, Inc. starts Chapter 11 process to reduce debt & other financial obligations to create more solid financial foundation.The Chapter 11 petition for itself and certain operating subsidiaries was filed in the U.S…

IMO PaperSmart Meeting Restructures Sub-Committees

Nov 15, 2012

The IMO Council, meeting for its 109th session in London has endorsed, in principle, a restructuring of IMO's Sub-Committees.The Council meeting was the first “PaperSmart” meeting for the Organization, and was considered a success by delegates…

‘I Got a Rock’

Nov 14, 2012

While Charlie Brown of ‘Peanuts’ comic strip fame lamented receiving rocks in lieu of Halloween candy, political rivals Japan and China are celebrating ‘rocks’, in fact naming them and filing claims to them in and around the East China Sea in…

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