Legal News - page 123

 

Officer Sentenced for Role in Fatal Ferry Crash

Apr 25, 2016

The second officer who admitted his actions were responsible for the death of a fisherman, has been sent to prison. Pasquale Miccio pleaded guilty to a breach of section 58 of the Merchant Shipping Act 1995 as amended, on March 24, 2016 in the High Court of Justiciary…

Faulkner Joins Braemar SA as Manager

Apr 25, 2016

Braemar (incorporating The Salvage Association) has appointed David Faulkner as ‘Manager, Ports and Harbours (Middle East)’. David is a Master Mariner and pilot and will be based in the Braemar SA Abu Dhabi office. He has extensive experience…

Mitsubishi Books Loss from Cruise Ship Business

Apr 25, 2016

Mitsubishi Heavy Industries, Ltd. (MHI) hereby announces its intent to book an extraordinary loss from its cruise ship business in the company's consolidated financial results for fiscal year (FY) 2015 (ending March 31, 2016).1. Background…

Maersk Cuts Landing Certificate Issuance Time

Apr 25, 2016

* Maersk Line will introduce a simplified process for obtaining the Landing Certificates from May 1st , 2016  * Maersk line waives off the  Landing Certificate fee of INR 1000Mumbai, 25th April, 2016: Maersk Line India has taken a major…

New Appointments at GAC

Apr 25, 2016

GAC at Dubai announced two new appointments within its Group Management team.Håkan Wester takes on the new role of Group Vice President – Strategy & Planning, and is charged with coordination and supporting the implementation of GAC strategy…

Hanjin Shipping Opts for Debt Restructuring

Apr 25, 2016

South Korea’s Hanjin Shipping Co. Ltd will work with lenders to restructure debt after years of weak demand resulted in losses and cash erosion, reports Bloomberg. The board of Hanjin Shipping decided to file for receivership and give creditors authority to manage the company…

IMO Takes Further Action on Climate Change

Apr 25, 2016

The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) has approved mandatory requirements for ships to record and report their fuel consumption, in a move that sends a clear and positive signal…

AET Buys Paramount Tankers

Apr 24, 2016

American Eagle Tankers (AET), a subsidiary of Malaysian shipping line MISC Bhd, said that it will acquire all the remaining shares of Paramount Tankers, making the latter its wholly owned subsidiary. AET will acquire Golden Energy Tanker Holdings’ 50% stake in Paramount Tankers…

Samarco Continues Polluting After Dam Burst

Apr 23, 2016

Samarco Mineração SA has not adopted measures to stop the leaking of mine tailings as required by a court after a deadly dam burst, a prosecutor said on Friday, an allegation that could delay the miner's return to operations.Prosecutor Carlos…

China, South Korea to Hold Maritime Talks

Apr 22, 2016

China and South Korea held talks on delimiting their overlapping exclusive economic zones (EEZs) in the Yellow Sea – the first such discussions in seven years.  Chinese Vice Foreign Minister Liu Zhenmin talked to his South Korean counterpart…

Reckless Skipper Handed Prison Sentence

Apr 21, 2016

U.K. skipper Alexander Baird, who pleaded guilty to a charge of not operating his ship in a safe manner, has been sent to prison following a hearing April 21 at Mold Crown Court, where he received a custodial sentence totaling nine months. Baird…

P&I Club Warns: Failure to Comply with SOLAS Amendment

Apr 21, 2016

· Some terminals and shippers are unprepared for the enforcement of the SOLAS amendment on 1st July· Without steps to address the requirements of the SOLAS amendment, chaos and commercial disputes may ensue· A failure to comply will result in fines…

DP World Ready for Container Weighing Globally

Apr 21, 2016

DP World is prepared for the implementation of the new International Maritime Organisation (IMO) Safety of Life at Sea (SOLAS) regulation which comes into effect on 1 July, 2016. The new regulation mandates that shippers of goods must obtain…

Ship Owner to Pay Ransom for Indonesian Hostages

Apr 20, 2016

Indonesian government said that the company that owns the hijacked tugboat Brahma 12 has agreed to pay the 50-million-peso ($1 million) ransom demanded by the Philippine rebel group Abu Sayyaf for the release of 10 Indonesian crewmembers who have been held hostage since March 26…

Long Joins SEACOR Holdings as Executive VP

Apr 19, 2016

SEACOR Holdings Inc. has appointed William “Bill” C. Long as the company's Executive Vice President, Chief Legal Officer and Corporate Secretary, effective immediately. He will report directly to Charles Fabrikant, SEACOR's Executive Chairman and Chief Executive Officer…

Logistics News

Contship Introduces First Electric Port Tractor into Operations

Contship Introduces First Electric Port Tractor into Operations

ABS, HD KSOE Collaborate for Digital Shipbuilding, Vessel Intelligence

ABS, HD KSOE Collaborate for Digital Shipbuilding, Vessel Intelligence

UTC Overseas, Transoceanic Launch US Gulf Coast Logistics Joint Venture

UTC Overseas, Transoceanic Launch US Gulf Coast Logistics Joint Venture

US Container Imports Fall 3.2% in April, Descartes Reports

US Container Imports Fall 3.2% in April, Descartes Reports

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US Postal Service suffers $2 billion loss in a quarter as cash shortages increase
Ministry of Defense: South Korean ship hit by unidentified object in Strait of Hormuz on May 4, says
Price hikes and outlook cuts are used by airlines to combat the fuel price surge.