Legal News - page 46


Top Honours for CMA CGM, Mrs Gina Lee-Wan

Apr 09, 2019

The global container shipping company CMA CGM Group and maritime lawyer Gina Lee-Wan, Partner and Co-Head of Maritime and Aviation Practice at Allen & Gledhill, recognised at Singapore International Maritime Awards 2019.'CMA CGM and Mrs Gina…

OOIL, JD, Cosco JV for Logistics

Apr 04, 2019

Gold Talent, Cosco Shipping Logistics and JD Logistics  entered into a cooperation agreement to jointly invest in online logistics platform EShipping through a joint venture (JV) formation.Gold Talent is a wholly-owned subsidiary of Hong Kong…

Companies Sue Valero for Bad Marine Fuel

Mar 29, 2019

Two companies filled lawsuits this week in federal courts in Texas alleging that ships they operated in 2018 were damaged by contaminated bunker fuel sold by a Valero Energy Co subsidiary Valero Marketing and Supply Co, according to court documents…

Customs Demands Bigger Bonds as Tariffs Bite

Mar 29, 2019

Stephen Wang is counting the costs of President Donald Trump's trade war. He had to put down 12 times more cash as a guarantee to U.S. customs that he would pay the bill for tariffs on the Chinese-made pumps, valves and motors he imports.The cost of the guarantee - a U…

Maltese Soldiers Recapture Tanker from Migrants

Mar 28, 2019

A small tanker that was hijacked by migrants off Libya docked in Malta's port of Valletta on Thursday after Maltese special forces took control of the vessel, a Reuters witness said.Cargo ship Elhiblu 1 had picked up 108 migrants stranded at sea…

American Club: Four Senior Appointments

Mar 27, 2019

Shipowners Claims Bureau, Inc. (SCB), Managers of the American Club, has announced several senior appointments which have been made to enhance the capabilities of its global service teams.At the Club’s headquarters in New York, Margaret Lee has been appointed as Lead Counsel…

U.S. Clinches Port Deal with Oman

Mar 25, 2019

Tehran has in the past threatened to block the Strait of Hormuz, a major oil shipping route at the mouth of the Gulf, in retaliation for any hostile U.S. action, including attempts to halt Iranian oil exports through sanctions.Still, the U.S…

Rhenus Acquires World Net Logistics

Mar 22, 2019

European logistics provider Rhenus Group has acquired South African freight forwarding and logistics specialist World Net Logistics (WNL).The takeover of the Johannesburg-headquartered firm WNL is still subject to approval by the relevant cartel authorities…

ZIM: Higher Revenues, But a Loss in 2018

Mar 21, 2019

The biggest cargo shipping company in Israel, Zim Integrated Shipping Services Ltd (ZIM) reported a revenue of nearly $3.25 billion in 2018, the highest in the last 4 years, reflecting an increase of 9.1% compared to $2.98 billion in 2017.However…

USCG Closes Missouri River to Traffic

Mar 20, 2019

Safety Zone; Missouri River, Mile Markers 450–625, St. Joseph, MO to Omaha, NE.The Coast Guard is establishing a temporary safety zone on the navigable waters of the Missouri River from mile marker (MM) 450 to MM 625 between St. Joseph, MO and Omaha…

NYK Tugboat Subsidiaries Merge

Mar 19, 2019

Japanese shipping and logistics giant Nippon Yusen Kabushiki Kaisha (NYK) announced that two of its subsidiaries that provide harbor tugboat and other related services, will merge on July 1, 2019.Yokohama, Kanagawa-based Wing Maritime Service…

India Watchdog: DP World Trying to Halt Probe

Mar 18, 2019

India's antitrust regulator said in a court filing that a challenge by Dubai's DP World of a probe into its alleged anti-competitive practices at a Mumbai port is an effort to halt or delay possible adverse findings against the firm.The Competition…

Teekay Changes Board of Directors

Mar 15, 2019

The marine energy transportation company Teekay Corporation and its associate company Teekay Tankers have announced changes to its Board of Directors.Teekay Corporation said that C. Sean Day, Chairman Emeritus and Director, Tore Sandvold, Director…

McQuilling ends tanker contracts with PDVSA

Mar 15, 2019

A second maritime firm has told Venezuela's state-run oil firm Petroleos de Venezuela it would end all charter contracts with the company as a result of U.S. sanctions, according to an internal document and a person familiar with the matter…

Hill Dickinson Strengthens Team

Mar 15, 2019

Hill Dickinson announced a series of high-level appointments.Joining Hill Dickinson are Master Mariner Kevin Austin, Korean market specialist Beth Bradley, and transactional lawyer Sung Hwan Choi.Experienced Master Mariner Kevin Austin, currently a Legal Director with Norton Rose…

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