Legal News - page 4


Russia-bound Containers Stuck at Antwerp Port for Year

Mar 27, 2023

Five Russia-bound containers from India's Jindal Stainless Ltd (JSL) have been stuck at the Belgian port of Antwerp for around a year, unable to enter the European Union, the company said on Friday.'The containers are carrying around 100 metric tonnes of stainless steel…

US Firm Says Mexican Authorities Illegally Seized Its Port Terminal

Mar 21, 2023

U.S. construction materials firm Vulcan Materials Co said on Monday that Mexican security forces illegally took possession last week of its port terminal in southern Mexico, as an extended legal battle over its nearby limestone mining activities plays out…

Ukraine Traders Seek Transparent Rules for Cargo Queue Under Grain Export Deal

Mar 01, 2023

Ukrainian grain traders union UGA asked the government on Wednesday to provide transparent rules on how cargo ships should queue before loading at Ukrainian Black Sea ports under a grain export deal brokered by the United Nations and Turkey…

Ukraine to Set up $500 Million Insurance Fund for Cargo Ships

Feb 27, 2023

Ukraine will offer compensation for possible damages to civilian vessels entering its ports, Deputy Prime Minister Oleksandr Kubrakov said on Friday, as Kyiv tries to boost exports that are vital for its war-hit economy.Ukraine is a major producer and exporter of agricultural products…

Singapore Companies Should Manage Own Risks in Russian Oil Trade, Minister Says

Feb 24, 2023

Companies in Singapore will have to consider and manage any potential impact on their business activities, transactions, and customer relationships when dealing with Russian crude oil and refined products, a government official said on Friday…

Squire Patton Boggs Partners with The Baltic Exchange

Feb 22, 2023

Law firm Squire Patton Boggs (SPB) has partnered with freight market information organization The Baltic Exchange to provide a vessel sale and purchase (S&P) transaction closing service for the global shipping industry. The service will be led…

UK Freeports Risk Harboring International Crime

Feb 03, 2023

A significant element of the U.K. government’s levelling up plan to create thousands of jobs, regenerate more deprived areas and attract overseas investors is the introduction of freeports. These special low-tax trading zones allow all kinds of businesses to trade…

Euronav Files Arbitration Request as Frontline Aims to Nix Merger

Jan 30, 2023

Euronav filed an application request for arbitration in relation to Frontline’s action to pursue the termination of the combination agreement of July 10, 2022.Following recent acquisitions of additional shares by Famatown Finance Limited (as disclosed on Euronav’s website)…

Lebanese Blast Investigator Charges Former PM, Top Public Prosecutor

Jan 25, 2023

The judge probing the 2020 Beirut blast has charged Lebanon's top public prosecutor, the then-premier and other senior current and former officials in connection with the devastating explosion, judicial sources said and court summons show.Judge…

Robbers Pull Off Multimillion-dollar Copper Heist in Chilean Port

Jan 11, 2023

Chilean authorities said on Wednesday they were investigating a violent heist in Chile's main seaport where thieves stole several shipping containers filled with copper belonging to state-owned giant Codelco.Juan Carlos Catalan, the local prosecutor…

New Whale Protections to Impact Shipping Lanes off California

Jan 05, 2023

The International Maritime Organization (IMO) has adopted a U.S. proposal to increase protections for endangered blue, fin and humpback whales off the California coast. The proposal takes effect this summer and expands areas that vessels should avoid to give whales more space…

US Judge Orders Norwegian Cruise Line to Pay $110 Million for Use of Cuba Port

Jan 01, 2023

Norwegian Cruise Line must pay $110 million in damages for use of a port that Cuba's government confiscated in 1960, a U.S. judge ruled on Friday, a milestone for Cuban-Americans seeking compensation for Cold-War era asset seizures.The decision by U…

Egypt Seizes 18 Million Narcotic Tabs in Alexandria Port

Nov 21, 2022

Egyptian authorities seized more than 18 million narcotic tabs hidden in three containers in the Mediterranean seaport of Alexandria, the interior ministry said on Monday.The 34-tonne cargo was on board a ship that docked at the northern port in transit before departing to an unspecified country…

Svitzer Announces Lockout in Australia

Nov 14, 2022

Svitzer Australia, a subsidiary of A.P. Møller – Maersk, announced on Monday that it will lock out all harbor towage employees covered under its 2016 National Towage Enterprise Agreement and their union bargaining representatives starting Friday…

UK's Liverpool Port Workers Agree Pay Deal and End Strike

Nov 10, 2022

Around 600 workers at Liverpool port, one of Britain's busiest ports, will end strike action after agreeing a pay deal with employer Peel Ports, the Unite union said on Thursday.Unite said workers had voted 'overwhelmingly in favor' of pay rises worth 14…

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