Nigerian oil workers' unions have called off a four-day strike after reaching a deal with the government in a dispute over pensions, they said on Saturday.A joint statement from the two main unions also said they had agreed to resolve…
Russia's Novatek may get funds from the National Wealth Fund for its Yamal LNG project before the year-end, a minister said, as part of government plans to support sanction-hit companies.Russia's No.2 gas producer, co-owned by an ally of President Vladimir Putin…
The 5th ICC International Commercial Mediation Conference has brought together leading mediators, arbitrators, corporate managers and in-house counsel from around the world to focus on how companies can improve their chances of settling commercial disputes through direct negotiation…
Russian billionaire Vladimir Yevtushenkov was freed from house arrest on Friday, a company spokeswoman said, but the tycoon will have to stay in Russia to face money laundering charges over a deal to acquire a regional oil company.There…
The US Pollution Risks publication, recently published for its members by the UK P&I Club, compiles summaries of all the Federal and state requirements on liability, COFR requirements and vessel contingency plan requirements. Legal Briefings provide an overview of certain laws and regulations…
Singapore Technologies Engineering Ltd (ST Engineering) announced today that its land systems arm, Singapore Technologies Kinetics Ltd has injected S$4.2m (equivalent to INR200m) into its wholly owned subsidiary, SDG Kinetics Pte Ltd (SDGK)…
The top supporter in the U.S. Congress for reversing the 40-year ban on crude oil exports, Senator Lisa Murkowski from Alaska, said next year could be the time for a bill on lifting the restriction.'I think it may be timely then,' Senator Lisa Murkowski…
Watson, Farley & Williams (WFW), an international law firm, has opened its 14th office, in Dubai, United Arab Emirates (UAE). The opening is in response to increasing demand from WFW clients in the firm’s key sectors for advice in relation to their business dealings in Dubai and the UAE…
The National Shipping Company of Saudi Arabia (Bahri) announces it received on 21/11/1435H corresponding to 16/9/2014G a letter from Saudi Aramco Development Company (SADC) appointing Mr. Said Abdullatif Al-Hadrami (non-executive member) and Mr…
The Nairobi International Convention on wreck removal was ratified by India recently and will be enforceable from April next year. This will place financial responsibility for the removal of certain hazardous wrecks on shipowners.Acknowledging this change…
Yesterday, 16th September 2014, Chirag Bahri, MPHRP's Regional Director for South Asia, attended a ceremonial event organised by the Ministry of Shipping, Bangladesh to facilitate financial help to the 7 Bangladeshi crew members of MV Albedo…
The International Chamber of Shipping (ICS) has reiterated its call for governments to address the serious implementation issues concerning the IMO Ballast Water Management (BWM) Convention before it is too late. Speaking at a Ballast Water Management Summit in Singapore…
IMO informs that the draft International Code of Safety for Ships using Gases or other Low flashpoint Fuels (IGF Code), along with proposed amendments to make the Code mandatory under SOLAS, have been agreed by the inaugural session of the Sub-Committee on Carriage of Cargoes and Containers (CCC 1)…
Canadian uranium producer Cameco Corp and the United Steelworkers union, which represents 535 workers at the world's largest uranium mine and a nearby mill, have agreed to a tentative deal ending a nearly two-week lockout, both sides said on Friday…
CVR Energy Inc is bound by agreements to pay Goldman Sachs Group Inc and Deutsche Bank AG more than $36 million in fees and expenses stemming from billionaire investor Carl Icahn's 2012 tender offer for the oil refiner, a New York state judge has ruled…
