Legal News - page 49


Hapag-Lloyd on Ship Recycling Transparency Initiative

Jan 13, 2019

Ships are often disassembled on beaches by people who don’t wear any protective clothing or take any other safety precautions. One reason for this is that there still aren’t any globally agreed standards that shipping companies must adhere to…

EU Shipping Industry Urges to Adot Clune Report

Jan 09, 2019

The European Parliament Transport Committee will vote on Deirdre Clune’s report on the draft regulation for a European Maritime Single Window Environment, today (January 10).The World Shipping Council (WSC) and the European Community Shipowners Associations (ECSA)…

Calais Expects Little Disruption from 'no-deal' Brexit

Jan 09, 2019

Britain leaving the European Union without an agreement over its future relationship with the bloc will not create delays at the French port of Calais, the port's chief said on Wednesday, despite concerns raised over potential logistical chaos…

USCG Update – Mitigation Efforts Due to Partial Government Shutdown

Jan 09, 2019

To mitigate the impact caused by the partial lapse in appropriations and shutdown of National Maritime Center (NMC) operations, the following actions are being taken:Merchant Mariner Credentials (MMC) (National Endorsements only) and Medical…

Japan's MOL Acquires Nordic Tankers

Jan 08, 2019

Japanese shipping giant MOL's Chemical Tankers unit has agreed to take full control of Triton-owned Nordic Tankers. The deal expected to close in February 2019.Denmark-based Nordic Tankers said in a press release that its current sole shareholder…

China Bans Open-Loop Scrubber Discharge at 'Some' Ports

Jan 08, 2019

China's maritime authority has banned the discharge of 'wash water' used in ships to strip hazardous sulphur emissions from engine exhaust gases from Jan. 1 for some ports, according to a government document reviewed by Reuters on Tuesday.The…

U.S. Commerce Secretary: U.S., China Could Settle Immediate Trade Issues

Jan 07, 2019

The United States and China are likely to reach a good settlement over immediate trade issues while agreement on structural trade issues and enforcement will be harder, U.S. Secretary of Commerce Wilbur Ross said on Monday as U.S.-China trade talks resumed…

Dutch Authorities Demand Clean-Up Costs From MSC Line

Jan 04, 2019

Dutch authorities will hold Swiss shipping line MSC liable for the cost of cleaning up debris from more than 270 cargo containers that fell off one of its vessels and washed up on shore, officials said on Friday.The Dutch coastguard said a criminal…

Moore Stephens: Leaner, Greener Shipping Will Attract Investment in 2019

Jan 03, 2019

Accountant and shipping adviser Moore Stephens says shipping will continue to attract investors in 2019 if it fulfills its ESG (environmental, social and governance) responsibilities.In the latest issue of Bottom Line, the Moore Stephens shipping sector newsletter…

Coast Guard Raises Minimum Random Drug Testing Rate to 50 PCT

Jan 03, 2019

The Coast Guard announced in the Federal Register that the calendar year 2019 minimum random drug testing rate is set at 50 percent of covered crewmembers. This rate is effective January 1, 2019 through December 31, 2019.The Coast Guard has…

Cosco Shipping Ports Buys Stake in Beibu Gulf Port

Jan 02, 2019

Hong Kong-based Cosco Shipping Ports has purchased a 4.34% stake in Shenzhen-listed Beibu Gulf Port Co for a total consideration of approximately RMB 470 million (USD 68 mln).'By subscribing the shares, Cosco Shipping Ports aim to further strengthen the cooperation with Beibu Gulf Port…

Lost containers Bring Windfall to Dutch Islanders

Jan 02, 2019

Dozens of containers with items including flat-screen televisions have washed up on Dutch islands in the North Sea after a ship lost part of its cargo in heavy seas, bringing a windfall for local treasure hunters.The Dutch Coast Guard said up…

Boxship Loses Containers in North Sea, Items Wash up on Dutch Islands

Jan 02, 2019

Dozens of containers with items including flat-screen televisions washed up on the Dutch islands of Terschelling and Vlieland after a vessel lost its cargo in heavy seas, a report by RTL Nieuws said, citing a Dutch coast guard.The RTL report…

Coast Guard Proposes Annual Great Lakes Pilotage Increase

Dec 31, 2018

“When somebody says it’s not about the money, it’s about the money.” – H.L. Mencken, American journalist and essayist, 1880-1956.This report is about Great Lakes pilotage rates. It’s all about the money. In fact, it’s hard to find someone who even suggests that it’s not about the money…

Star Bulk Carriers Acquires Own Shares

Dec 28, 2018

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes, announced that, pursuant to the Company’s previously announced share repurchase program, the Company purchased today 25,000 of its common…

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