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Legal News - page 247

 

Stolt Tankers, Marine Procurement Solutions Join Forces

Oct 07, 2014

Stolt Tankers (Stolt) and Marine Procurement Solutions (MPS) formed a strategic software alliance providing integrated marine procurement systems linked to an electronic trading platform. The platform is designed to provide complete visibility…

XL Offers KRE Cover to Yacht Owners

Oct 07, 2014

To help yacht owners navigate increasingly risky waters, XL Group is adding a Kidnap, Ransom & Extortion (KRE) Crisis endorsement to ShipShape, and ShipShape Plus, its recreational marine insurance coverages. 'Crisis events like kidnapping…

ZIM's BoD Changes

Oct 06, 2014

ZIM Integrated Shipping Services Ltd. has announced the following changes to its Board of Directors:    The Board of Directors of the company appointed Mr. Aharon Fogel as Excutive Chairman of the Board of Directors effective as of October 6…

Areva Selling Assets, CEO Under Scrutiny

Oct 06, 2014

French state-controlled nuclear group Areva will further cut back its investment budget and sell more assets to shore up its balance sheet, and the position of Chief Executive Luc Oursel is under threat, French daily Les Echos said on its website on Monday…

LR Alert: Mustering for Ships with Passengers

Oct 06, 2014

Amendments to SOLAS regulations III/19.2.2 and III/19.2.3 will enter into force on 1 January, 2015, and introduce mandatory requirements for passenger mustering & briefing before or on departure, for ships engaged in international voyages lasting more than 24 hours…

Easter Pacific Vessel Touches Bottom in Durban

Oct 06, 2014

Eastern Pacific Shipping reports that an incident involving its managed vessel m.t. Pacific Quartz took place off Durban in South Africa Friday morning.  While proceeding into the port, with a port pilot on board, the vessel touched bottom in way of No…

Opposition Builds to UK Nuclear Project in EU Executive

Oct 04, 2014

A landmark deal to use British taxpayers' money to build a 16 billion pound ($25.6 billion) nuclear power station has triggered opposition from a quarter of EU policy-makers, who want to overturn approval from the top European regulator, EU sources said…

Iran Won't Replace Russia as Top Gas Supplier

Oct 04, 2014

Iran is not ready to replace Russia as a key gas supplier if sanctions against Tehran are removed, Itar-Tass news agency quoted Iranian President Hassan Rouhani as telling Russian TV channel Rossiya 1.The European Union is quietly increasing…

DNV GL celebrates 150 year in Amsterdam

Oct 04, 2014

DNV GL celebrated its 150th anniversary of DNV and the one year of the DNV GL merger in The Hermitage and The National Maritime Museum in Amsterdam yesterday.New Norwegian-German owner of KEMA calls for world leaders and industry to focus on sustainability 300 years of experience in certifying…

Holland America Line Donates $25K to Seattle Children’s Hospital

Oct 03, 2014

Holland America Group CEO Stein Kruse presented a check for $25,000 to Seattle Children’s Hospital’s Uncompensated Care Fund Saturday, Sept. 27, 2014, at the Seattle Mariner’s home game at Safeco Field. The company made the donation as part…

New Inspection Requirement for Ships in Paris MOU

Oct 02, 2014

Lloyd’s Register advises that the St. Vincent and the Grenadines Maritime Administration has issued Circular No. PSC 033 which requires additional inspections (termed ‘occasional surveys’) to be carried out for all vessels whose next port of call is within a Paris MOU member country…

Yara Completes Acquisition of OFD Holding

Oct 02, 2014

Yara International ASA has obtained relevant regulatory approvals and closed the acquisition of OFD Holding Inc. (OFD) allowing the integration process to start.The OFD operations comprise production facilities in Cartagena, Colombia and distribution companies across Latin America…

MAN Diesel & Turbo SE takes Dr. Uwe Lauber on Board

Oct 02, 2014

Dr. Uwe Lauber (47) has been appointed to the Executive Board of MAN Diesel & Turbo SE effective as of 1 October 2014. Dr. Lauber has worked successfully in various management positions within the company since 2000.In his new role he…

Renewable Energy Department at ClassNK

Oct 02, 2014

Chairman and President: Noboru Ueda of ClassNK announced the establishment of a new Renewable Energy Department. This new department which began operations on 1 October 2014 will oversee a diverse range of activities related to renewable energy…

ITIC Urges Shipbrokers to Put It in Writing

Oct 01, 2014

Specialist transport intermediary insurer, ITIC, has warned shipbrokers that they face the risk of serious financial loss if they fail to ensure that all parties to fixture agreements are in possession of full, confirmed information prior to the conclusion of negotiations…

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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Middle East oil costs soar as US-Iran tensions intensify
Maguire: Europe's gas storage is under scrutiny after Qatar stops LNG flow
Kazakhstan Foreign Minister discusses Middle East issues with regional ministers