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…
Scotland will ask Britain to help finance the cost of removing old North Sea rigs and pipelines even if it votes for independence and gains most of the oil revenues, a move that bankers and lawyers say may result in years of legal battles.An…
The EU directive on reporting formalities for seagoing ships is being successfully implemented in the Belgian ports.As of June 2015 all reporting between ships and authorities throughout the EU must be done electronically in a harmonised way…
Transocean Ltd. informs it has received a decision by the United States District Court for the Eastern District of Louisiana on phase one of litigation related to the April 20, 2010 Macondo well incident involving the Deepwater Horizon. Key…
BP Plc was found 'grossly negligent' on Thursday by a federal judge in connection with its role in the 2010 Gulf of Mexico oil spill. The decision by U.S. District Judge Carl Barbier in New Orleans, who oversees litigation related to the disaster…
A U.S. judge has decided that BP Plc was 'grossly negligent' and 'reckless' in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly $18 billion in fines to more than $42 billion in charges the company took for the worst offshore environmental disaster in U…
Oil major BP said on Thursday it will appeal a U.S. court decision that found it grossly negligent with respect to the Gulf of Mexico 2010 oil spill and added the court will hold additional proceedings due to begin next January.BP said it…
Cash-strapped ferry operator SNCM looks set to seek legal protection from its creditors after Europe's highest court ruled on Thursday it must pay back 220 million euros ($289 million) of French state aid.SNCM, owned 66 percent by transport group Transdev…
The master of a wind farm support boat has been made to pay £3,000 in fines and costs after breaching maritime collision regulations, informs the UK Maritime and Coastguard Agency (MCA).Geoffrey Whinfrey was in charge of the Island Panther…
Halliburton Co said it reached a $1.1 billion settlement for a majority of claims against the company for its role in the BP oil spill in the Gulf of Mexico in 2010.The settlement, which includes legal fees, is subject to approval by the U…
California lawmakers on Friday passed legislation requiring railroad companies to tell emergency officials when crude oil trains will chug through the state.The bill would require railroads to notify the state's Office of Emergency Services…
Labor Day weekend marks the unofficial end of the boating season and is known as one of the busiest recreational boating weekends on the Ohio River. With approximately 2,000 boaters taking to the water, the increased recreational traffic presents additional safety hazards…
The Australian Maritime Safety Authority (AMSA) informs that it has issued a direction to the container ship 'Vega Auriga' (IMO 9347786) that prohibits the ship from using or entering any Australian ports due to repeated breaches relating to seafarer welfare and maintenance of the ship…
