Legal News - page 307


Westports (Malaysia) Designated a 'Safe & Secure Port'

Sep 28, 2012

The U.S. Department of Homeland Security recognizes Westports for its security measures in the loading US-bound containerized maritime cargo.After the 9/11 attacks the United States instituted various initiatives to increase the layers of security…

Mississippi Anchorage Low Water Hazards

Sep 27, 2012

New Orleans Port State Control Officers (PSCOs) discover vessels whose rudders may have set into the mud while safely anchored.Masters and/or operators of vessels are reminded of their responsibility, as noted in 46 Code of Federal Regulations 4…

Ultrapetrol Regains Nasdaq Compliance

Sep 26, 2012

Transportation company Ultrapetrol (Bahamas) Ltd. regains compliance with the Nasdaq $1.00 per share minimum bid price requirement.Ultrapetrol is an industrial transportation company serving the marine transportation needs of its clients in the markets on which it focuses…

Maitland Pinpoints Global Shipping's Woes, Solutions

Sep 26, 2012

Clay Maitland is a ubiquitous figure in the global shipping circuit, never shy to share his accrued maritime experience of more than 40 years, ask the tough questions or supply the blunt opinion. Set to celebrate his 70th birthday later this year but not slowing a step…

HMAA Introduces Fast Track Arbitration Rules

Sep 25, 2012

Houston Maritime Arbitrators Association has introduced additional rules providing for Fast Track Arbitration.HMAA recognizes that the cost of arbitration can become prohibitive in smaller matters and the process time too lengthy. To remedy this…

Enclosed Space Entry Safety Amendments Agreed

Sep 24, 2012

SOLAS amendments to mandate enclosed space entry and rescue drills agreed by IMO Sub-Committee on Dangerous Goods, Solid cargoes & Containers.Draft amendments to SOLAS regulation III/19 to mandate enclosed space entry and rescue drills were agreed by the Sub-Committee on Dangerous Goods…

US East Coast Labor Contract Agreement Deadline Extended

Sep 21, 2012

Statement issued by Federal Mediation and Conciliation Service (FMCS) extends bargaining agreement period to 29, Dec. 2012.In full the statement by FMCS Director George H. Cohen on United States Maritime Alliance and International Longshoremen's…

Singapore Allows Counter-piracy Private Security Guards

Sep 20, 2012

The Maritime & Port Authority of Singapore (MPA) issues guidance on use of privately contracted armed personnel on board its ships.The guidance is line with the revised interim guidance being promulgated by the  International Maritime Organisation (IMO)…

Canal Pleasure Cruise Venture Runs Aground

Sep 20, 2012

A UK businessman refitted a canal boat to carry up to 45 passengers along the Staffs & Worcester Canal without paying heed to safety requirements.The UK registered Canal Boat Hatherton Belle is a 20 metre vessel that had been adapted…

Greek Shipowners, NewLead Holdings, Restore NASDAQ Comliance

Sep 19, 2012

NewLead Holdings Ltd. regains compliance with NASDAQ minimum market value of publicly held shares requirement.NewLead Holdings Ltd. (NASDAQ: NEWL) ('NewLead' or the 'Company'), an international shipping company owning and operating tankers and dry bulk vessels…

Tankship, Bulkship Owner's, Shares Below Par

Sep 19, 2012

Greece's NewLead Holdings Ltd. receives NASDAQ notification letter regarding minimum bid price requirement.NewLead Holdings Ltd announce they have received a written notification from the NASDAQ Stock Market LLC ('NASDAQ') indicating that…

Labor Union Summit Focuses on Automation Issue

Sep 17, 2012

The ILWU and ILA recently met in Washington, D.C.: first item on agenda was report on progress of East Coast USA contract negotiations.The meeting was attended also by ITF President and Maritime Union of Australia (MUA) National Secretary Paddy Crumlin and ITF Maritime Coordinator Steve Cotton…

DOJ: Vessel Operator Admits Pollution

Sep 14, 2012

United States Attorney Donald J. Cazayoux, Jr., announced that, yesterday, CLEOPATRA SHIPPING AGENCY, LTD., a Greek vessel management company, pled guilty to violating the Act to Prevent Pollution from Ships and was sentenced to pay a $300,000…

Barents Sea Drill Rig Stability Incident to be Investigated

Sep 14, 2012

The Petroleum Safety Authority Norway (PSA) will investigate the recent stability incident on the mobile rig 'Scarabeo 8'.Scarabeo 8 is a semi-submersible drilling facility owned by Saipem SpA Norwegian Branch (Saipem). The facility is currently…

Costa Execs, Captain, Blamed in 'Concordia' Report

Sep 14, 2012

Experts state in a leaked pre-trial report that the cruise giant failed to act in 'Costa Concordia' accident.Europe’s biggest cruise operator Costa Crociere may have failed to act promptly in the Costa Concordia disaster, according to a…

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