Legal News - page 168

 

CMA CGM Takes Second Guyanamax Boxship

Aug 05, 2015

The CMA CGM Group Informed that the CMA CGM MARSEILLE – 2nd vessel of its GUYANAMAX 3 - vessels series – was delivered in South Korea on July 29th.This 2,100 TEU containers capacity vessel – including 530 Reefer containers – is 190 meters long and 30 meters wide…

LOC Opens Paris Office

Aug 05, 2015

LOC, a leading global marine and engineering consultancy for the shipping and offshore energy industry announces the expansion of its European operations with the opening of its Paris office today (4 August 2015).The office is the first…

Matson Declares 2Q EPS Of $0.23

Aug 05, 2015

Matson, Inc., a U.S. carrier in the Pacific, reported net income of $9.9 million, or $0.23 per diluted share for the quarter ended June 30, 2015.  The company said its second quarter results were negatively impacted by $13.5 million of additional selling…

Marine Bodies Unite

Aug 05, 2015

The boards of the International Seafarers Welfare and Assistance Network (ISWAN) and the Maritime Piracy Humanitarian Response Programme (MPHRP) are pleased to announce the moving of the activities of the MPHRP into ISWAN. A transfer agreement was signed by both parties on 3 August 2015…

China's Maritime Silk Road Gamble with ASEAN

Aug 05, 2015

The Chinese Foreign Minister Wang Yi said China hopes to connect its 21st-century Maritime Silk Road with the ASEAN Community, reports the state news agency Xinhua. China and the Southeast Asian countries were linked with each other by the ancient maritime Silk Road in history…

FMC Collects $1,227,500 in Penalties from NVOCC's

Aug 04, 2015

Federal Maritime Commission Chairman Mario Cordero announced that the Commission has completed compromise agreements recovering a total of $1,227,500 in civil penalties. The agreements were reached with seven non-vessel-operating common…

NYK Hosts Safety Conference

Aug 04, 2015

Over three dates in July, NYK hosted a safety promotion conference for shipowners and ship-management companies at the NYK head office in Tokyo and at Imabari city in Ehime prefecture. This conference is held every year as part of the “Remember Naka-no-Se” safety campaign…

Bergeron to be Keynote Speaker at SHIPPINGInsight

Aug 04, 2015

Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (LISCR), has agreed to serve as a keynote speaker at the SHIPPINGInsight 2015 Fleet Optimization Conference & Exhibition, which takes place in Stamford, Conn., Oct…

DP World Sings Melbourne Port Lease Deal

Aug 04, 2015

DP World and the Port of Melbourne Corporation have reached an agreement on a new 50-year lease, ending months of negotiation over rental increases at Australia’s biggest port. The Port of Melbourne will forego tens of millions of dollars…

Harper Government Invests in Naufrage Harbor

Aug 03, 2015

The Honorable Gail Shea, Minister of Fisheries and Oceans, announced today an investment to improve safety and working conditions for fishermen at Naufrage Harbor, Prince Edward Island.  This funding will be used to replace a section of an existing deteriorated wharf with a new structure…

Ondimar Firms Order Suezmax Quartet at Navantia

Aug 03, 2015

Navantia and Maritime Transport Ondimar LDA (shipping company Ibaizabal Group) today ratified the contracts signed in late June and the financial structure for the construction of 4 Suezmax tankers, expandable to two. 4 boats will involve…

Contship Italia Signs Iran MoU

Aug 03, 2015

Contship Italia Spa, also on behalf of Eurogate GmbH & Co. KGaA, KG, recently signed a strategic Memorandum of Understanding (M.O.U.) with Sina Port & Marine Company (SPMCO), part of SINA Group which is one of the largest Iranian companies…

Mingde Heavy is Bankrupt

Aug 03, 2015

Nantong’s Tongzhou District People’s Court has put an end to the restructuring appeal by debt-ridden Nantong Mingde Heavy Industry, and officially declared it bankrupt.  A  a request by Mingde to extend the submission of its restructuring plan…

Ross is Fleet Manager, Heidmar

Aug 02, 2015

Heidmar announced the promotion of Duncan Ross to Fleet Manager.Duncan joined Heidmar’s London office in 2012 as vessel manager.  Prior to joining Heidmar, he sailed on a number of vessels over a six-year period.Duncan will be responsible…

LR First to Certify Small Caribbean Ships

Aug 02, 2015

LR is the first class society to certify small commercial ships operating in the CaribbeanAfter becoming the first classification society to issue Cargo Ship Safety and Small Commercial Safety Certificates to two Trinidad and Tobago vessels…

Logistics News

Tanker Vessel Market Bends Under Supply and Demand Strains

Tanker Vessel Market Bends Under Supply and Demand Strains

Port Milwaukee to Break Ground on South Shore Cruise Dock

Port Milwaukee to Break Ground on South Shore Cruise Dock

Trump Tariffs Reroute Brazilian Beef to Mexico

Trump Tariffs Reroute Brazilian Beef to Mexico

Baltic Index Up for Third Straight Session

Baltic Index Up for Third Straight Session

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