Legal News - page 228

 

CVCFL Acquires Stakes in ATAEI

Jan 06, 2015

Canbank Venture Capital Fund Limited (CVCFL) has picked up approx 5% minority Equity stake in Anand Teknow Aids Engineering India Ltd, a Rs 300 crore closely held Public Limited company manufacturing hi-tech, engineering products for the Oil & Gas sector in India & Gulf…

BIMCO Supports Young Shipping Professionals

Jan 05, 2015

BIMCO encourages members to take part in the next free event organised by the Young Professionals in Shipping Network (YPSN) in Shanghai on 15 January 2015.BIMCO fully supports YPSN’s aim to hold events to help young professionals meet their industry peers…

Magnolia Inks Deal with KBR

Jan 05, 2015

Magnolia LNG LLC (MLNG), wholly owned subsidiary of Liquefied Natural Gas Limited executed a Technical Services Agreement (TSA) with Kellogg Brown & Root LLC, a wholly owned subsidiary of KBR, Inc. (KBR) to undertake cost verification and provide other services supporting MLNG project delivery…

Republicans Set to Challenge Obama

Jan 05, 2015

Republicans take full control of the U.S. Congress this week with an agenda of trying to force approval of the Keystone XL oil pipeline and push back on President Barack Obama's sweeping policy shifts on Cuba and immigration.After years of battles over the budget and other issues…

Kvaerner, Longview Power Reaches Settlement

Jan 05, 2015

Kvaerner North American Construction Inc. (a subsidiary of Kvaerner) has executed agreements today, with each of Longview Power, LLC, Siemens Energy Inc. and others regarding the disputes between them in both the arbitration proceedings concerning…

Dana Gas Receives $60 mln from Egyptian Gov't

Jan 04, 2015

Egypt's government has paid Dana Gas $60 million, part of overdue receivables totalling $212 million, the Abu Dhabi-listed firm said in a statement on Sunday.Egypt has delayed payments to oil and gas firms as its economy has been hammered…

2nd 'Ghost Ship' Rescue Prompts EU Pledge on Migrants

Jan 04, 2015

A cargo ship abandoned by its crew with 359 Syrian refugees on board was towed ashore in Italy on Saturday in the second such rescue this week, prompting calls for stronger European Union action in the face of new tactics by human traffickers…

Senate Panel to Introduce Keystone XL Bill

Jan 03, 2015

The head of the Senate energy committee plans to introduce a bill next week to force approval of the Keystone XL oil pipeline, though the full chamber faces a battle in obtaining needed votes to overcome any veto by President Barack Obama…

Euroseas Receives Non-Compliance Notice

Jan 03, 2015

Euroseas Ltd. an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today that it received notice from the Nasdaq Stock Market LLC ('Nasdaq') dated December 30…

Generaly Rate Restoration by CMA CGM

Jan 03, 2015

In a continued effort to provide quality services, CMA CGM group hereby informs of a Rate Restoration Program:Effective February 5th, 2015:From India, Pakistan and Sri Lanka ports to North Europe, Med Sea, Scandinavia, Baltic, Black Sea…

Teekay LNG Partners' Cash Distribution Up by 1.2%

Jan 03, 2015

Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended December 31, 2014, an increase of 1.2 percent over the cash distribution of $0.6918 per unit for the quarter ended September 30…

Fines for Polluting Turkish Waters

Jan 03, 2015

Pollution fines at Turkish ports and Straits have been increased with effect from January 2015.The Turkish authorities are very sensitive and aggressive on all issues concerning water pollution in the country's territorial waters.For this reason…

Seawall Reinstatement at Royal Hong Kong Yacht Club

Jan 02, 2015

For approximately four months, seawall reinstatement works will be carried out at the Yacht Club inside Causeway Bay Typhoon Shelter within the area bounded by straight lines joining the following coordinates (WGS 84 Datum) from (A) to (D) and the adjacent shoreline:(A) 22 deg…

WTO is 20

Jan 02, 2015

20 years ago, on 1 January 1995, the WTO opened its doors for business. Since then this organization, and the system of transparent, multilaterally-agreed rules that it embodies, has made a major contribution to the strength and stability of the global economy…

USCG Seize $ 3.7 mi Marijuana

Jan 01, 2015

The crew of Coast Guard Cutter Paul Clark is scheduled to offload approximately 4,100 pounds of marijuana worth an estimated wholesale value of $3.7 million at Coast Guard Base Miami Beach, Wednesday.While on a routine patrol, a Joint…

Logistics News

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Russian Attack Hits Port Infrastructure

Russian Attack Hits Port Infrastructure

Port Snared in US-China Dispute, says Panama President

Port Snared in US-China Dispute, says Panama President

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Court documents show that Trader Mercuria has sued Baltic Exchange for losses incurred by the Hormuz cargo, according to a court filing.