Legal News - page 114

 

ABS Partners with Leading Greek Shipowners to Address EU MRV Regulations

Jun 09, 2016

ABS, a leading provider of classification services to the global marine and offshore industries, has completed a project with a group of leading Greek shipowners to support preparations for implementing the European Union’s Monitoring, Reporting and Verification (MRV) regulation for CO2 emissions…

Shipping Exec Indicted for Price Fixing

Jun 08, 2016

Another ocean freight executive has been indicted for participation in a long-running conspiracy to restrain trade in international ocean shipments of roll-on, roll-off cargo to and from the Port of Baltimore and elsewhere in the United States…

USN's Oceanography Warrant Officers to Make a Return

Jun 08, 2016

The Navy is bringing warrant officers back to Naval Oceanography in 2018 after a 28-year hiatus.In late March, the Navy Personnel Command released the message, NAVADMIN 079/16, reestablishing the program and at the same time disestablishing the Oceanography Limited Duty Officer (LDO) Program…

McClain Appointed MD of Braemar Engineering

Jun 08, 2016

Braemar Shipping Services Group PLC is pleased to announce that Sheila McClain, Executive Vice President of Braemar Engineering, has been appointed Braemar Engineering's new Managing Director.  Sheila will continue to be based in Houston, Texas…

CMA CGM's Bid for NOL Open Until July 4

Jun 08, 2016

CMA CGM has finally made its all-cash voluntary conditional general offer for all the outstanding shares of Neptune Orient Lines (NOL). This follows approvals by the relevant regulatory authorities in the European Union and China. The offer price is SGD 1…

Indonesia to Sink 30 Illegal Fishing Boats

Jun 08, 2016

Indonesian Maritime Affairs and Fisheries Minister Susi Pudjiastuti has said Jakarta was ready to sink 30 foreign-flagged vessels caught fishing illegally in Indonesian waters, following a schedule being arranged by the authorities, says the Straits Times…

Liberia Registry Launches Electronic Oil Record Book

Jun 07, 2016

The Liberian Registry, in partnership with Prevention at Sea Ltd, a Cyprus-based maritime compliance technology company, has launched an innovative software product designed to replace traditional paper oil record books (ORBs) and to facilitate…

Pilbara Ports Volume Up 2%

Jun 07, 2016

Pilbara Ports Authority has delivered a total monthly throughput of 53.6 million tonnes (Mt) for the month of May.This is an increase of 2% from the same month in 2015.The Port of Port Hedland achieved a monthly throughput of 39.8Mt…

ICS Starts Major Campaign on MRV

Jun 06, 2016

The member national shipowners' associations of the International Chamber of Shipping (ICS) have agreed to commence a co-ordinated campaign aimed at European Union (EU) institutions, including Member States, Parliament and the European Commission…

APM Terminals Implements Truck Safety Procedures

Jun 06, 2016

With the successful completion of a pilot-program at five terminals, the new initiative will be in place across the entire APM Terminals Global Terminal Network by year-end. The Hague, Netherlands – APM Terminals announces a new Truck Safety…

DP World Chairman Meets Argentine President

Jun 06, 2016

DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem has met Argentinian President, Mauricio Macri in Beunos Aires to discuss cooperation in the ports and cruise terminals sector.The meeting was attended by the Argentinian transport cabinet including Minister of Transport…

Goodwood Ship Management Opens Training Center, Office in Mumbai

Jun 06, 2016

Goodwood Ship Management, the Singapore based management company, has expanded its seafarer training facilities in Mumbai. A new training center and office has been equipped with the latest training simulation software and tools for Goodwood to further nurture its pool of seafarer talent…

ECB urges Bremer Landesbank to boost capital amid shipping crisis

Jun 05, 2016

The European Central Bank has urged German state-owned lender Bremer Landesbank to shore up its capital resources against non-performing loans in shipping, three sources familiar with the matter said.Bremer (BLB) needs another 700 million euros ($800 million) in equity…

Los Angeles Port Approves $1.17 bi Fiscal Budget

Jun 04, 2016

The Los Angeles Board of Harbor Commissioners has approved a $1.17 billion fiscal year (FY) 2016/17 annual budget for the Port of Los Angeles. As in years past, budget allocations closely align and support the four key objectives of the Port’s 2012-2017 Strategic Plan…

ATCM Reaffirm Commitment to Ban on Mining in Antarctic

Jun 04, 2016

The 29 countries party to the Antarctic Treaty unanimously agreed today to a resolution at the 39th Antarctic Treaty Consultative Meeting (ATCM) stating their “firm commitment to retain and continue to implement…as a matter of highest priority” the ban on mining activities in the Antarctic…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

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Germany is considering a law reform to stop the Russians from acquiring Nord Stream
Satellite Chemical and Vinmar receive letters from the US government preventing ethane loading in China
German industry leaders to meet with EU sector chiefs on sector challenges