Legal News - page 36

 

Seacor to Acquire JV Partner's Sea-Vista Stake

Aug 05, 2019

Seacor Holdings Announces Acquisition of Joint Venture Partner’s Interest in Sea-Vista.SEACOR Holdings Inc. announced that it has become the sole owner of its consolidated SEA-Vista joint venture, acquiring through a subsidiary the 49% interest…

CEVA Logistics Implements Turnaround Plan

Aug 02, 2019

Following the friendly takeover bid for CEVA Logistics, the CMA CGM Group has implemented a turnaround plan which includes a new governance, a new brand identity and priorities reset. CEVA’s new operations center opened in Marseilles.The CMA CGM Group now holds 99…

Tentative Deal to End Alaska Ferry Strike

Aug 02, 2019

Contract negotiators between striking Alaska ferry boat workers and state officials have reached a tentative deal to end a 9-day-old walkout that has shut down the state Maritime Highway System, a federal mediator said on Friday.About 420 members…

U.S. Crude Exports Reach a Record of 3.16 mln bpd

Aug 02, 2019

U.S. crude oil exports surged 260,000 barrels per day (bpd) in June to a monthly record of 3.16 million bpd as South Korea bought record volumes and China resumed purchases, data from the U.S. Census Bureau showed on Friday.South Korea surpassed Canada to become the biggest purchaser of U…

K-Line Guilty of 'cartel conduct'

Aug 02, 2019

Japanese shipping firm Kawasaki Kisen Kaisha Ltd (K-Line) was convicted of criminal cartel conduct and ordered to pay a A$34.5 million ($23.50 million) fine by a federal court, Australia's competition regulator said on Friday.K-Line’s fine is…

DP World Slams Djibouti Government

Aug 01, 2019

The global port operator DP World has accused the government of Djibouti of “complete disregard and contravention” of the global legal system as it plans to rule all international adjudications on the Doraleh Container Terminal null and void…

Oil slumps 7% as More Tariffs Loom

Aug 01, 2019

Oil prices plummeted more than 7% on Thursday, with the U.S. benchmark posting its worst day in more than four years, after President Donald Trump said he would impose additional tariffs Chinese imports starting Sept. 1.The drop in Brent crude was the steepest in more than three years…

U.S. to hit $300B of Chinese goods with 10% tariff

Aug 01, 2019

U.S. President Donald Trump said on Thursday he would impose an additional 10% tariff on $300 billion worth of Chinese imports starting Sept. 1, as talks aimed to ease tensions between the world's two largest economies continue.'Trade talks are continuing…

ICS Weighs in on Proposed Panama Canal Tolls

Jul 30, 2019

Global Shipping Industry Delivers Comments to Official Consultation on Proposed Modifications to Panama Canal Tolls.The Panama Canal Authority (ACP) is conducting a public consultation on a proposal to adjust the Panama Canal tolls for containerships…

Iranian Ship Departs Brazil, Second Bulker to Follow

Jul 30, 2019

An Iranian ship called Bavand, which had been at the heart of a geopolitical spat between Brasilia and Tehran, set sail from Brazil on Monday after receiving fuel from state-run Petroleo Brasileiro , the port of Paranaguá said.Meanwhile, a second Iranian ship…

U.S. Asked Germany to Join Hormuz Mission

Jul 30, 2019

The United States has formally asked Germany to join France and Britain in a mission to ensure safe shipping through the Strait of Hormuz, off the coast of Iran, and to combat Iranian aggression, the U.S. Embassy in Berlin said on Tuesday.'We’ve…

U.S.: Ships Should Keep AIS On

Jul 29, 2019

The United States wants all ships to keep their tracking transponders on to cut down on illicit activity and smuggling, and to increase transparency with movements of ships around the world, a senior State Department official told Reuters.Automatic…

USCG Seeking SME's for Working Groups

Jul 29, 2019

The National Maritime Center is still seeking participants for the three remaining merchant mariner examination working group meetings in 2019.Deck working group – September 10-12Engine working group – October 22-24Deck working group – December…

Bourbon Offshore Files for Reorganization

Jul 29, 2019

French offshore services giant Bourbon Corporation's existing liabilities amount to 900 million euros, or just over $1 billion, according to sources. It is is in serious danger of bankruptcy now that a group of creditors has demanded immediate payment of outstanding debt…

Sea Shepherd, Namibia Fight Fisheries Crime

Jul 28, 2019

The Namibian Ministry of Fisheries and Marine Resources (MFMR) compliance officials and Sea Shepherd, onboard the Ocean Warrior, have jointly carried out successful surveillance activities in Namibia`s Exclusive Economic Zone (EEZ), effectively…

Logistics News

Great Lakes Limestone Trade Up in June

Great Lakes Limestone Trade Up in June

Consilium Safety Group Appoints New Chairman of the Board

Consilium Safety Group Appoints New Chairman of the Board

AAL Shipping Unveils Sixth Heavy Lift Super B-Class Vessel

AAL Shipping Unveils Sixth Heavy Lift Super B-Class Vessel

MDL Leases Land for Peterhead Offshore Project Support Site

MDL Leases Land for Peterhead Offshore Project Support Site

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