The International Court of Arbitration of the International Chamber of Commerce (ICC) has announced record figures for new cases filed for administration under ICC rules in 2016.According to preliminary statistics, a total of 966 new cases…
The International Marine Contractors Association (IMCA) believes that the roadmap adopted by the Marine Environment Protection of IMO (MEPC 70) to develop a comprehensive strategy to reduce greenhouse gases (GHG) emissions globally from shipping…
Diana Shipping has signed a time charter agreement with Koch Shipping Pte. Ltd, Singapore, for one of its newcastlemax dry bulk vessels. Under the agreement, Koch will employ the 208,500 dwt newbuilding, to be named San Francisco, for a gross charter rate of $11…
brand MARINE CONSULTANTS GmbH (bMC) announced that Peter Wölk joined the company as CEO based in Hamburg on January 1, 2017. As a member of the company’s management team, he will shape strategic, operational and commercial business activities and initiatives for bMC around the world…
The Liberian Registry has announced strategic new appointments in a number of key areas within the Asian regional offices operated by its US-based manager, the Liberian International Ship & Corporate Registry (LISCR). Wan Ching Chiang has…
FONASBA and BIMCO have launched a new Agency Appointment Agreement document. This new form, which is based on BIMCO’s tried and tested box layout, provides a simple, clear and effective means of confirming the details of an agency agreement for an individual or short series of port calls…
Libya's UN-backed government will declare force majeure on two ports to stop fuel smuggling from them, a statement from its presidential council said on Saturday.The statement gave no details on when the measure would come into effect, but…
Hong Kong Container port business trust Hutchison Port Holdings Trust (HPH Trust) has reached an agreement to purchase a majority stake in Huizhou International Container Terminals Limited (HICT) in Guangdong from the trust’s sponsor for about $86…
Bankrupt South Korean shipping company Hanjin will sell its operations of the Port of Seattle’s Terminal 46 to Switzerland-based Mediterranean Shipping COmpany (MSC) subsidiary Terminal Investment Limited (TIL), reports AP. The Seattle Times…
The cost of transporting containers from ports now shows signs of recovery after the fall of Hanjin Shpiping Co after a period of down play, says a report in Business Korea. It appears that the strategy of Maersk Line, the world’s largest…
Kawasaki Kisen Kaisha, Ltd. (“K’’ Line) has today filed a civil lawsuit in Tokyo District Court against APL Logistics Ltd. (“APLL”), a Singapore entity which is engaged in international transportation business, seeking compensation for damages…
The Port of Long Beach’s Harbor Commission on Wednesday approved an agreement to replace the bankrupt operator of its largest cargo terminal.The Long Beach Board of Harbor Commissioners greenlighted the move by a subsidiary of Mediterranean Shipping Co…
With a view to promote the expansion of port infrastructure and facilitate trade and commerce, the proposed bill aims at decentralizing decision making and to infuse professionalism in governance of ports. The new Major Ports Authority Bill…
Hill Dickinson said it successfully defended its client, Bourne Leisure, in a 219-claimant class action involving a Norovirus outbreak which occurred at a Butlin’s site in 2011.More tthan 4,000 guests and an additional 1,200 team members…
International law firm Hill Dickinson has reached an agreement that will bring the shipping practice of Swinnerton Moore LLP to the firm. The agreement is expected to be finalized by the end of February and will see founding partners Tony…
