Netherlands law firm AKD says that, while beleaguered shipowners may be looking increasingly to Chapter 11 filings in the United States to protect their financial interests, the fact is that Chapter 11 does not enjoy the force of law throughout the world…
Hutton's has signed an exclusive contract to supply medical equipment and to provide annual survey services for Vector Offshore Limited.Vector's fleet of offshore support vessels operates out of Aberdeen and each uniquely carries two Autonomous…
OSX, an EBX Group Company focused on offshore naval industry, received the Installation License for its Shipbuilding Unit, which will be installed at the Açu Superport Industrial Complex, in São João da Barra (RJ). The document was issued on June 22nd…
Blank Rome LLP’s Gregory Linsin and Jeanne Grasso explain the challenges and lay out a cogent solution…Current Trends in MARPOL EnforcementThe United States has long been aggressively enforcing compliance with the International Convention for the Prevention of Pollution from Ships…
Leading accountant and insurance industry adviser Moore Stephens has questioned whether data governance is being accorded the attention it deserves by the insurance industry.Recent FSA Arrow visits have highlighted a number of frequently…
Defendant failed to surrender after indictment in illegal vessel pollution case WASHINGTON – Prem Kumar, also known as Premakumaran Krishnan, a citizen of India, has been added to the U.S. Environmental Protection Agency’s (EPA) fugitive…
New York City – April 29, 2011 – Holland & Knight is pleased to announce that Brad L. Berman has joined the firm as Partner in the firm's New York City office. Prior to joining Holland & Knight, Berman served as Executive Director of the Liberian International Ship & Corporate Registry (LISCR)…
REDUCED FINE REMOVES MAY 21ST DEFAULT POTENTIAL RELATED TO CONVERTIBLE NOTES AND IS EXPECTED TO FACILITATE REFINANCING Company Intends to Proceed with Puerto Rico Class Action Settlement CHARLOTTE, NC (April 28, 2011) - Horizon Lines…
Ince & Co advised long standing client Golar LNG Energy (Golar LNG) on the successful completion of an 11-year time charter party (TCP) for the provision of a Floating Storage and Regasification Unit (FSRU) and associated mooring to PT Nusantara Regas (PTNR)…
The primary focus of last year’s annual update, which appeared in the April 2010 issue, was U.S. efforts to tighten economic sanctions against Iran. The last several months have seen these efforts come to fruition, as well as imposition of new sanctions affecting Libya…
The UK P&I Club has chosen to focus its latest Legal Briefing publication on the International Convention for the Control and Management of Ships’ Ballast Water and Sediments, adopted by the IMO in 2004. Implementation of the Convention is now…
On 10 December 2010, the state commercial court in Arkhangelsk decided in favour of Odfjell and approved our application concerning the recognition and enforcement of the arbitral award filed against Sevmash shipyard. Odfjell has been informed…
The American Waterways Operators (AWO) applauded the decision announced on Thursday by the U.S. District Court for the Northern District of Illinois that denied a motion for preliminary injunction filed by five Great Lakes states to close Chicago…
A year after a shipbuilding contract dispute emerged between Otto Marine unit Otto Offshore and GC Rieber Shipping ASA, a settlement has been reached.Otto Marine announced that it has entered into a 'mutually beneficial global settlement' with GC Rieber…
International Transport Intermediaries Club (ITIC) says that shipbrokers run the risk of exposure to substantial liabilities as a result of inadequate monitoring of their email communications.In the latest issue of its Claims Review, ITIC…