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Legal News - page 245

 

WTO Publishes Annual Package of Trade and Tariff Data

Oct 29, 2014

The WTO released on 28 October 2014 new editions of its key statistical publications: International Trade Statistics, Trade Profiles, World Tariff Profiles and Services Profiles. The four publications provide a detailed breakdown of the latest trade developments…

Good Performance by Dun & Bradstreet in 3Q 2014

Oct 29, 2014

Dun & Bradstreet, the world's leading source of commercial information and insight on businesses, today reported results for the third quarter ended September 30, 2014.'We continue to make good progress against our strategy and we are beginning to build momentum on our top line…

Local Firm Supports Maritime Care Home Garden Revamp

Oct 28, 2014

A seafarers’ care home in Banstead, Belvedere House welcomed a team of volunteers from local financial services provider, Legal & General for a day of gardening to revamp its grounds. Working in partnership with Business in the Community for this opportunity…

FONASBA Endorses ITIC' s Post-Fixture Clause

Oct 27, 2014

ITIC has recommended that brokers place a post-fixture clause at the end of recap messages to reduce the chances of exposure to severe financial loss as a result of important messages being overlooked. The following wording was endorsed…

WFW Advises ING Bank on $340m Loan Facility for Euronav

Oct 24, 2014

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.The facility is comprised of a $192m term loan facility and a revolving credit facility of up to $148m…

Foster Wheeler & MDM Engineering Merged

Oct 24, 2014

Foster Wheeler AG announced today that an indirect wholly owned subsidiary of the Company has completed the acquisition of MDM Engineering Group Limited (“MDM”) on terms consistent with the merger implementation agreement entered into on March 12…

New York, London Juxtaposed by New Maritime Event

Oct 23, 2014

On November 13, the newly formed New York Maritime Consortium, a coalition of leaders from New York Maritime Inc. (NYMAR), the Society of Maritime Arbitrators (SMA), the Maritime Law Association (MLA) and the Association of Shipbrokers and Agents (ASBA)…

Yara Reports Strong 3Q Results

Oct 23, 2014

Yara International ASA delivered strong third-quarter results, with record fertilizer deliveries and continued margin benefit from lower European gas price.'Yara reports a strong third-quarter result with record deliveries, reflecting both organic growth and the Bunge acquisition in Brazil…

Bright Outlook for BWM Convention

Oct 23, 2014

The Danish Maritime Authority informed that the Ballast Water Management Convention is now one step closer to ratification following last week’s meeting of United Nations’ International Maritime Organization (IMO).At last week’s meeting of the IMO Marine Environment Protection Committee…

Lavrov: No need for NATO in the Arctic

Oct 22, 2014

During the open lecture on Russia’s foreign policy, Foreign Minister Sergei Lavrov stated that he could see no need for NATO presence in the Arctic.‘From time to time, we have heard talks on NATO wishing to grow its presence in the region…

ITIC Measures against Ebola

Oct 18, 2014

The International Transport Intermediaries Club (ITIC) has issued the following general advice related to the outbreak of Ebola.Vessels that have recently called in an affected country should contact their local agents prior to arrival…

ClassNK's Guidelines for Exhaust Gas Cleaning Systems

Oct 17, 2014

Leading classification society ClassNK announced that it has released Guidelines for Exhaust Gas Cleaning Systems.These guidelines cover class safety requirements as well as safety requirements stipulated in the IMO guidelines.The…

Ophir CFO Departs, Cost-Cutting cited

Oct 17, 2014

Ophir Energy's chief financial officer, Lisa Mitchell, will leave the company on Nov. 19 after her job was made redundant as part of a cost-saving reorganisation of the board announced in August, the company said on Friday.The oil explorer…

Size Restrictions Lifted in Mobile, Alabama

Oct 17, 2014

Salvage teams and the Army Corps of Engineers have positively identified the location of the sunken Dredge Tender NICHOLAS on the western (greenside) toe of the Mobile Ship Channel just south of Light 69.According to the U.S. Coast, Sector Mobile…

APM Terminals wins Battle for Moin Container Terminal

Oct 16, 2014

The Supreme Court has ruled in favor of the Costa Rican Government and APM Terminals in an appeal filed by the port workers union against the 33-year concession contract for the new Moin Container Terminal (TCM) in Limon on the Caribbean coast of Costa Rica…

Logistics News

Fujairah Bunker Prices Surge as Demand Shifts Elsewhere

Fujairah Bunker Prices Surge as Demand Shifts Elsewhere

Drone Attack Damages Fuel Tank at Oman’s Duqm Port

Drone Attack Damages Fuel Tank at Oman’s Duqm Port

America’s Maritime Action Plan Creates Opportunity for St. Louis Region

America’s Maritime Action Plan Creates Opportunity for St. Louis Region

About 10% of Global Container Fleet Caught in Hormuz Backup

About 10% of Global Container Fleet Caught in Hormuz Backup

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Operating profit of Kuehne+Nagel, a freight forwarder, falls amid worsening economic conditions
Tax refund seekers flock to an unknown US court with experience in big cases
Italy confiscates $32 million in tax and labor probes from France's CEVA Logistics