Legal News - page 57


Maritime Finance Lawyer Johnson Joins Haynes and Boone

Oct 15, 2018

Mark Johnson, a transactional lawyer and former naval officer and ship captain, has joined Haynes and Boone, LLP as a London partner in the firm’s Shipping Practice.Johnson has extensive experience advising on the construction, sale and purchase…

EU Okays Expansion of Denmark's Shipping Tax

Oct 12, 2018

The European Commission approved on Friday the expansion of a Danish scheme to tax shipping companies on their tonnage, the EU executive said in a statement.Under the so-called tonnage tax schemes, shipping companies pay taxes on the basis of…

EU Guarantees Port Reception Facilities

Oct 11, 2018

The Transport Committee of the European Parliament adopted earlier this week the final report on the Port Reception Facilities and gave a mandate to the Rapporteur Ms Gesine Meissner to start negotiations with the Council and the EU Commission to finalise the text of the new directive…

EMAC Attends the IBA Annual Conference in Rome

Oct 10, 2018

As the Emirates Maritime Center (EMAC) is establishing roots within the maritime industry as a pivotal service provider for specialized arbitration and mediation within the Middle East region, the institute continues its obligation to ensure…

Australia Regulator Tells Port of Newcastle to Reduce Charges for Glencore

Oct 08, 2018

Australia's competition regular on Monday said that Port of Newcastle Operations Pty Ltd (PNO) must reduce its charges for ships entering the port to carry coal for global miner Glencore.The Australian Competition and Consumer Commission determined…

BW LPG: Proposal to Combine with Dorian Withdrawn

Oct 08, 2018

BW LPG Limited (BW LPG) announced that it has withdrawn its proposal to combine with Dorian LPG Ltd. (Dorian). BW LPG will also withdraw the candidates it previously intended to nominate to stand for election to the Dorian board at Dorian’s 2018 Annual Meeting of Shareholders…

US Delays New VGP Requirements Until March 2019

Oct 07, 2018

While waiting for the new Vessel General Permit (VGP) to be finalized, operators must file a Notice of Intent with the U.S. Environmental Protection Agency (EPA) prior to December 18, 2018 in order for vessels to continue to operate under their current VGP also after this date…

Belships to Merge with Lighthouse Group

Oct 05, 2018

Norway-based bulk ship operator Belships has signed a merger plan with the Lighthouse Companies.Belships ASA has announced a merger between certain subsidiaries of Kontrari (the Lighthouse Companies) and one or more subsidiaries of Belships with consideration in Belships shares…

South Korea's SK Group to Sell SK Shipping

Oct 01, 2018

South Korea's large family-owned business conglomerate SK Group is planning to get out of shipping by offloading shipping subsidiary SK Shipping Co., on account of the debt burden amid an industry slowdown.According to a report in the Pulse…

EU Ports, Port of Los Angeles Address Atlantic Issues

Oct 01, 2018

The EU Commissioner for transport, Violeta Bulc, visited the Port of Los Angeles as part of a longer mission to the US and Costa Rica on Thursday 27 September.The European Sea Ports Organisation (ESPO) was invited to support the visit and contribute to the roundtable discussion  with Violeta Bulc…

KNOT Concludes TC Contract for Two Shuttle Tankers

Sep 28, 2018

Norway-headquartered Knutsen NYK Offshore Tankers (KNOT) has concluded a time-charter contract for two shuttle tankers with Equinor ASA for a maximum 20-year period starting in the second quarter of 2020.KNOT is a NYK Group company, in which NYK has a 50 percent share…

CMA CGM Inaugurates the Incubator ZeBox

Sep 28, 2018

Rodolphe Saadé, chairman and chief executive officer of CMA CGM Group  and French minister in charge of transport Elisabeth Borne inaugurated ZeBox, a new start-up incubator and accelerator in Marseilles.Initiated by CMA CGM, ZeBox is a human…

Proposed Rate Hikes for Houston Ship Pilots Under Fire

Sep 27, 2018

No less than 15 shipping companies, many of them top 10 liner companies, have written to Port of Houston Chairman Janice Longoria to reject the latest call for substantial rate hikes on the Houston Ship Channel. Local pilots already earn salaries that approach $500…

ECSA Mulls More Capacity on EU Recycling

Sep 26, 2018

The European Shipping industry welcomes the European Commission’s current inspections of ship recycling facilities in order to enlarge the list of approved facilities that will ensure safe and environmentally sound ship recycling.When non EU…

Iran Sanctions, New Fuel Rules Headline Dubai Conference

Sep 26, 2018

New trading sanctions against Iran and  new fuel rules coming in 2020 for the entire maritime sector were the headlines of a seminar hosted by marine insurer North P&I Club yesterday in Dubai at the Taj Dubai.On the topic of sanctions against Iran…

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