According to a latest report in Korea Times, South Korea's biggest container carrier Hanjin Shipping's efforts to settle the rescheduling deadlines for financing ships and reducing charter fees before the end of July has not yet be resolved…
The American Waterways Operators (AWO) will hold Subchapter M information sessions open to both members and nonmembers at its summer regional meetings in Portland on August 10, in Pittsburgh on August 17 and in New York on August 24. Subchapter…
Specialist maritime solicitors Tatham Macinnes announced that James Hickland has joined the firm as a Partner. Hickland joins from Ince & Co where he has spent over 10 years developing a commercial litigation and arbitration practice, encompassing shipping contract disputes…
DNV GL has been awarded a 5 year contract to provide in-service verification work for Wintershall Noordzee B.V.’s (‘WINZ) RAVN and A6-A platforms.The two platforms based in the North Sea are the unmanned RAVN in the Danish sector and manned A6-A in the German sector…
International Shipholding Corporation (ISHC) and certain of its subsidiaries have each filed voluntary petitions for relief under Chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the Southern District of New York…
Announcing its financial results today for the three and six months ended June 30, 2016 Gener8 Maritime, Inc. reported net income of $38.0 million, or $0.46 basic and diluted earnings per share, for the three months ended June 30, 2016, a 91% increase compared to $19…
Harbor Commission President Lori Ann Guzmán was re-elected Monday evening to serve a second one-year term leading the board that oversees the Port of Long Beach, the nation’s second-busiest seaport.The five-member Long Beach Board of Harbor…
Hyundai Heavy Industries (HHI) is notified by Samil PwC, a local member of the global accounting firm PwC, that its 3.5 trillion won worth management improvement plan is good enough for HHI to make operating profits and secure liquidity even in the worst case scenario…
The Port of Los Angeles has released an Initial Study/Notice of Preparation (IS/NOP) — the first step in the Environmental Impact Report (EIR) process — for a Marine Oil Terminal Wharf Improvements Project at the Valero Terminal on Mormon Island in Los Angeles Harbor…
Indian Oil Corporation (IOC), the country's largest oil company, is in talks to buy debt-laden Gujarat State Petroleum Corp’s (GSPC) stake in the under-construction Rs.4,500 crore ($669 million) Mundra LNG import terminal, according to PTI…
Ecuador has paid $112 million to energy company Chevron Corp over a four-decade-old contract dispute, even though it remains in disagreement, the head of the central bank has said.A Hague arbitration court awarded the U.S. company $96 million…
Southeast Asian nations were thrown into disarray after Cambodia on Saturday blocked them from issuing a statement referring to an international court ruling against China's territorial claims in the South China Sea, diplomats said.The U…
China's biggest shipping and logistics company Cosco has pledged a total ban on transporting shark's fins, says SCMP. It called the move a 'body blow' to the international shark's fin trade.In a letter addressed to the Hong Kong branch of…
U.S. Secretary of State John Kerry will urge Southeast Asian nations in meetings in Laos next week to find diplomatic ways to launch talks with China on easing tension over the South China Sea following an international court ruling that denies China's claims in the sea…
The Coast Guard repatriated 151 Cuban migrants to Bahia de Cabañas, Cuba, since July 14.The Coast Guard Cutter Kathleen Moore crew repatriated 60 Cuban migrants Monday.The Coast Guard Cutter Raymond Evans crew repatriated 45 Cuban migrants…
