Legal News - page 85

 

How to Legally Remove a Hazardous Wreck

Sep 15, 2017

What is the legal basis for removing a hazardous wreck at sea? Who bears the liability? These and many other wreck removal questions were addressed by IMO’s Jan de Boer at the ACI’s Maritime Salvage & Casualty Response conference in London (13-14 September)…

THE Alliance Sets $50 Mln Insolvency Contingency Fund

Sep 14, 2017

Remarks from Federal Maritime Commissioner William P. Doyle at the FTR Transportation Conference 2017, Indianapolis, Ind.  On September 13, 2017, I voted to expedite the Commission’s decision and support THE Alliance’s amendment authorizing…

Seadrill Files Chapter 11 Bankruptcy Protection

Sep 13, 2017

Seadrill Limited, one of the world’s largest offshore drilling companies, has filed for Chapter 11 bankruptcy protection at the Southern District Texas court, Reuters reported. The indebted oil rig firm controlled by Norwegian billionaire…

Global Bunkers, 2020 and Developing Market Trends

Sep 13, 2017

Alok Sharma, Head of Global Sales at Glencore’s Inatech, provides an in-depth look at what’s coming next for one of the maritime industry’s most interesting and important sectors. When it comes to bunkers, the OW crisis is still fresh in everyone’s mind…

Euroseas Acquires Vessels and Full Ownership of Euromar

Sep 12, 2017

Euroseas announced that it signed a memorandum of agreement to purchase the M/V EM Athens and EM Oinousses, both feeder size containership vessels of 2,506 teu built in 2000.  The Company also announced that it acquired the option to purchase from Euromar two additional container vessels…

Hoegh Autoliners Denies Price-fixing Allegations

Sep 12, 2017

Norwegian shipping firm Hoegh Autoliners denied on Tuesday allegations made by South Africa that it and Japanese rival Mitsui O.S.K Lines had colluded to fix transport tariffs to and from South Africa.Hoegh Autoliners specializes in transporting cars…

Cyber Attacks Threaten Shipping & Dominate Maritime News

Sep 12, 2017

The maritime industry must redouble its efforts to secure IT systems and data. In June, Maersk Line A/S’s information systems were severely disrupted by the so-called Petya virus. FMC provided Maersk with relief to help them get through the difficult situation…

OOIL Signs the United Nations Global Compact

Sep 11, 2017

Orient Overseas (International) Limited (OOIL), a company with principal business activities in container transport (OOCL) and logistics services (OOCL Logistics), is delighted to announce its joining of the United Nations Global Compact (UNGC)…

BIMCO Guidance for Seafarers on Lifeboats

Sep 11, 2017

BIMCO has developed new guidance for seafarers on the safe launching and recovery of lifeboats using fall preventer devices (FPDs), to reduce the number of seafarer fatalities and injuries. Lifeboat accidents resulting in fatalities and serious injuries are all too frequent…

APM Terminals to Divest Zeebrugge Stake

Sep 11, 2017

APM Terminals and Hong Kong-based COSCO SHIPPING Ports, a subsidiary of China COSCO Shipping Corporation, have reached an agreement on the key terms of the proposed sale of APM Terminals’ 76% majority shareholding in the existing APM Terminals Zeebrugge container terminal to COSCO SHIPPING Ports…

Swiss Climate EcoCare to Provide IMO DCS Services for Liberian-flagged Ships

Sep 08, 2017

Swiss Climate EcoCare is the first native German Company to enter a strategic agreement with the Liberian Registry with regards to the emissions guidelines, referring to EU-MRV and IMO DCS.  Swiss Climate is a longtime expert in emission related topics…

Braemar Acquires NAVES

Sep 08, 2017

Braemar Shipping Services plc  announced the conditional acquisition of the entire issued share capital of NAVES Corporate Finance GmbH.  Braemar is a leading international provider of broking, consultancy, technical and other services to the shipping…

Global Treaty to Halt Invasive Aquatic Species On

Sep 08, 2017

A key international measure for environmental protection that aims to stop the spread of potentially invasive aquatic species in ships’ ballast water enters into force today (8 September 2017).  The International Convention for the Control…

US Requiring Enhanced Screening of Cargo from Turkey

Sep 07, 2017

The U.S. Transportation Security Administration said on Thursday it is issuing a new security directive requiring enhanced screening of cargo from Turkey. The change was 'to adequately address emerging threats to cargo and raise the baseline for global aviation security…

Rickmers to Continue Ship Management under New Owners

Sep 07, 2017

German shipping group Rickmers, which filed for insolvency in June, said on Thursday its ship management unit had the all-clear to continue business after it was bought by Bremen-based Zeaborn Group and owner Bertram Rickmers.The company…

Logistics News

Guinea Exports Record 48.6 Million Tons of Bauxite

Guinea Exports Record 48.6 Million Tons of Bauxite

ASRY Hosts First Innovation Forum with Lumofy

ASRY Hosts First Innovation Forum with Lumofy

Osbit Opens New Offshore Wind Facility in Port of Blyth

Osbit Opens New Offshore Wind Facility in Port of Blyth

Red Sea Bypass Contributed to Containers Lost in 2024

Red Sea Bypass Contributed to Containers Lost in 2024

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