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Legal News - page 258

 

Judicial Proceedings Halted Against AdvanFort Charges

Apr 24, 2014

Prosecution for the charges of trespassing and firearms possession against AdvanFort stopped until quash petition hearing.The Madras High Court started hearing last Tuesday on an appeal filed by AdvanFort to quash charges against the U…

Passenger Ship Liability Treaty Takes Effect

Apr 23, 2014

The Athens Convention relating to the Carriage of Passengers and their Luggage by Sea, 2002, which substantially raises the limits of liability for the death of, or personal injury to, a passenger on a ship, enters into force today, April 23…

Ship as Lifeboat Concept Disputed by ICV

Apr 23, 2014

A recent meeting at the National Transportation Safety Board in Washington, D.C. (attended by International Cruise Victims (ICV) Board representatives) discussed the new International Maritime Authority (IMO) policy of using “the ship as the lifeboat”…

Air Draft Alert: Bayonne Bridge Struck Twice this Year

Apr 22, 2014

The Bayonne Bridge is undergoing a two-year construction project to raise the roadway an average of 65 feet. The Captain of the Port, New York-New Jersey says that it has been struck twice in the past 4 months. The Captain of the Port, New York-New Jersey…

Japan Expresses Concern Over Chinese Ship Seizure

Apr 21, 2014

The Japanese government has expressed its concerns to China via diplomatic channels over the seizure of a Mitsui O.S.K. Line Ltd ship by a Chinese court in connection with a case over wartime claims, Kyodo news agency reported on Monday.A…

South Korea's Park: Ferry Crew Conduct Tantamount to Murder

Apr 21, 2014

South Korean President Park Geun-hye said on Monday the actions of some crew of a ferry that sank with hundreds feared dead were tantamount to murder, as a four-year-old video transcript showed the captain promoting the safety of the same route…

InterManager Welcomes New MLC Amendment

Apr 21, 2014

InterManager, the international trade association for the ship management industry, says it has welcomed the adoption of new measures to protect seafarers against abandonment.Amendments to the Maritime Labour Convention 2006, agreed at a meeting…

Eugen Maersk 2013 Fire: Summary Findings

Apr 21, 2014

The Danish Maritime Accident Investigation Board (DMAIB) has issued a summary report in the English language concerning a fire outbreak aboard the container ship in the Gulf of Aden.On the morning of 18 June 2013, the crew on the Danish flagged…

Reports: Brazilian Tycoon Batista Investigated For Financial Crimes

Apr 18, 2014

Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering, Brazilian media reported on Friday. If the police probe leads to criminal charges against Batista…

Shell Commited To Russia Expansion Despite Sanctions

Apr 18, 2014

Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions imposed on the country after its annexation of Ukraine's Crimea region. Shell…

OSG Confirms Jones Act Status

Apr 17, 2014

Overseas Shipholding Group, Inc. (OSG) lets it be known that U.S. ownership of its common stock at the close of business on April 15, 2014 was 77 percent: the minimum percentage of shares that must be owned by United States citizens in order to preserve the status of OSG as a Jones Act company…

S.Korean Ferry Master Faces Investigation

Apr 17, 2014

The captain of the South Korean ferry that capsized off the southwest coast was facing a criminal investigation on Thursday, an official said, amid unconfirmed reports that he was one of the first people to jump to safety as the vessel began sinking…

Shipowners to Become Liable for Costs of Wreck Removal

Apr 17, 2014

Shipowner liability is on the horizon as the Nairobi International Convention on the Removal Wrecks will enter into force on 14 April 2015 following the deposit, on 14 April 2014, of an instrument of ratification by Denmark, with the International Maritime Organization (IMO)…

Litigation Can Cost Shipbrokers an Arm & a Leg

Apr 16, 2014

A survey of London solicitors by specialist intermediaries insurer ITIC has highlighted the high cost of litigation for shipbrokers and others seeking judgment in the English courts, reports trade association Maritime London.Indemnity insurers…

Stalwart Tankers Postpones U.S. IPO

Apr 10, 2014

Greece-based chemical transportation company Stalwart Tankers Inc has postponed its U.S. IPO plans due to 'market conditions,' an underwriter told Reuters. The company filed with U.S. regulators in February to raise up to $100 million in an IPO of its common stock…

Logistics News

J.F. Lehman & Company Acquires Forged Solutions Group

J.F. Lehman & Company Acquires Forged Solutions Group

ClassNK Issues AiPs for Bulk Carrier Concept Designs

ClassNK Issues AiPs for Bulk Carrier Concept Designs

Qatar Stops LNG Output, Other O&G Fields Shut as War Rages

Qatar Stops LNG Output, Other O&G Fields Shut as War Rages

U.S. Flag Tanker Damaged, 150 Vessels Stranded with Strait of Hormuz Close

U.S. Flag Tanker Damaged, 150 Vessels Stranded with Strait of Hormuz Close

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Turkish ruling party proposes a 10% tax on crypto income, levied on service providers
TUI Cruises cancels Middle East trips due to travel disruptions and stranded passengers
UK to assist its citizens in Gulf