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Legal News - page 241

 

IBIA Offers Industry Support in Wake of OW Bunker Collapse

Nov 11, 2014

The International Bunker Industry Association (IBIA) has announced a series of measures to support companies and individuals impacted by last week’s collapse of OW Bunker.  In Singapore, IBIA will be taking part in dialogue sessions led…

SRI Responds to SEWOL Judgement

Nov 11, 2014

Seafarers’ Rights International (SRI), the international centre dedicated to advancing the rights of seafarers, has given an initial response to today’s judgement handed down in relation to the sinking of the South Korean ferry SEWOL in April of this year…

The Pitfalls of Confidentiality Agreements

Nov 11, 2014

ITIC has advised shipbrokers, consultants and other advisers not to sign confidentiality agreements which restrict their ability to do business.Noting that it is increasingly being asked to comment on confidentiality (or so-called nondisclosure) agreements…

South Korean Ferry Captain Sentenced to 36 Years

Nov 11, 2014

The captain of a South Korean ferry that capsized in April killing 304 passengers was jailed for 36 years on November 11, 2014, after a court found him guilty of negligence, but was acquitted of homicide for which prosecutors had sought the death penalty…

S. Korea Prosecutor to Appeal Ferry Crew Verdicts

Nov 11, 2014

A South Korean prosecutor said on Tuesday his team would appeal against court rulings on the 15 crew of a capsized ferry who were given prison terms ranging from five to 36 years.The captain of the ferry, which sank killing about 300 people…

Brightoil's Trading Chiefs Depart, ex-Sinochem Trader Joins

Nov 11, 2014

Two senior trading heads have left Brightoil Petroleum Holdings Ltd, and the company has hired a former executive from China's state-run Sinochem, marking a reshuffle at its Asia trading operations, senior trading sources said.Brightoil's…

S.Korea Ferry Captain Gets 36 years

Nov 11, 2014

The captain of a South Korean ferry that capsized in April killing 304 passengers was jailed for 36 years on Tuesday after a court found him guilty of negligence, but was acquitted of homicide for which prosecutors had sought the death penalty…

Caterpillar's Rich Moore to Speak at Goldman Sachs 2014

Nov 11, 2014

Caterpillar Inc. Director of Investor Relations Rich Moore will speak at the Goldman Sachs 2014 Industrials Conference on Thursday, November 13. He is scheduled to speak at 11:20 a.m. Eastern Time. No presentation materials will be available…

Adani Ports Q2 Net jumps 68%

Nov 11, 2014

Adani Ports & SEZ Ltd, India’s largest port developer and part of Adani Group, today announced financial results for the quarter and half year ended September 30, 2014.The company reported a 67.7 per cent rise in consolidated net profit at $ 95…

Repairs to Mumbai Port's Lock Gate

Nov 11, 2014

Mumbai Port Trust in their circular No. MbPT Circular No. TM/ID/CIRCULAR/678  has informed about their plan to repair the outer lock gate through a private contractor.  The schedule is as under :- Removal of the lock gate on 15th May during day by Port floating crane Shresta…

Cairn Makes Second Senegal Find

Nov 11, 2014

Cairn has made a discovery of high quality oil in the second well in the Senegal exploration programme.The SNE-1 well is located in 1,100 metres (m) water depth and approximately 100 kilometres (km) offshore in the Sangomar Offshore block with a target depth of ~3…

Fincantieri & Technip JV for Offshore Market

Nov 10, 2014

Fincantieri and Technip in Italy signed a Memorandum of Understanding aiming to increase their joint competitiveness by starting to address Italian and Mediterranean Sea offshore markets. The agreement was signed by Marco Villa, CEO of Technip Italy S…

Fracking Inquiry Puts Aussie Energy at Risk

Nov 10, 2014

The South Australian Liberal Party risks damaging investor and public confidence in the natural gas industry by moving to establish a Parliamentary inquiry into hydraulic fracturing – an industry practice that has been used safely in the State for many decades…

Additional Fosun Reps Appointed on ROC Board

Nov 10, 2014

The Board of Roc Oil Company Limited (ROC) has today announced the appointment of Dr Yuanlin JIANG, Mr Yao XU and Mr Qunbin WANG as Non-Executive Directors of ROC, as nominees of Transcendent Resources Limited (Fosun), a wholly-owned subsidiary…

Keppel T&T Proposes Listing of Keppel DC REIT

Nov 10, 2014

Keppel Telecommunications & Transportation (Keppel T&T) has today issued a circular to Keppel T&T shareholders together with a notice of extraordinary general meeting (EGM).Approval will be sought at the EGM, which will be held on 25 November 2014…

Logistics News

London Marine Insurance Market Widens Risk Zone in Middle East

London Marine Insurance Market Widens Risk Zone in Middle East

Greece Calls for Protection of Shipping, Seafarers Amidst Escalating Iran Conflict

Greece Calls for Protection of Shipping, Seafarers Amidst Escalating Iran Conflict

DRIFT Energy, Enapter to Develop Marinized Electrolyzer Technology for Offshore Hydrogen

DRIFT Energy, Enapter to Develop Marinized Electrolyzer Technology for Offshore Hydrogen

Ferguson Marine Secures Award to Build Four Vessels

Ferguson Marine Secures Award to Build Four Vessels

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Middle East conflict forces governments to consider repatriation
Andy Home: Risks to Western aluminum supply increase as Iran war escalates
Sources say that the US is still struggling to derisk Congo's "war zone minerals" even after the pact.