Legal News - page 44

 

OP/ED: The Jones Act is Worth Fighting For

Apr 25, 2019

The President says he wants to make American great again, so why is he trying to destroy the principal support system for America’s maritime industry? This week, we learned that President Trump is “seriously considering” issuing a broad waiver for the Jones Act…

Vessel Owner, C/E Indicted on Environmental Charges

Apr 25, 2019

A federal grand jury in Wilmington, Delaware, returned a six-count indictment today charging Chartworld Shipping Corporation, Nederland Shipping Corporation, and Chief Engineer Vasileios Mazarakis with failing to keep accurate pollution control records…

Wallenius, SOL Join Forces to Launch New Firm

Apr 23, 2019

Two Swedish shipping companies - Wallenius and Swedish Orient Line (SOL) - have formed a shipowning joint venture that will sail from ports in Sweden and Finland.The company has five ships so far and plans to order four LNG-powered newbuilds…

Sudan Suspends Philippine Port Operator

Apr 23, 2019

Sudan's military rulers on Tuesday suspended a contract with Philippine port operator International Container Terminal Services Inc pending its cancellation, the country's Transitional Military Council said in a statement.Workers at Port Sudan's…

Nakilat Reports 9% Profit Jump in Q1

Apr 22, 2019

Qatar Gas Transport Company (Nakilat), a shipping and maritime company with the world's largest LNG shipping fleet, reported a 9 percent increase in profit for the first quarter of this year ended March 31, 2019.Nakilat reported a net profit of 236 million Qatari Riyals ($64…

Shipping Firm Fined $4M for Pollution Violation

Apr 19, 2019

$1 Million Will Go to Projects that Support Cleanup of Marine Pollution, Preservation of Aquatic Life, and Restoration of Shorelines around Newark Bay.A shipping company based in Italy today admitted discharging oily waste and other pollutants into the sea and then lying about it…

Navios Maritime Discloses Sale, Leaseback Deals

Apr 17, 2019

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that it has completed a $103.2 million sale and leaseback transaction for three MR2 product tankers and two LR1 product tankers. The proceeds have been used to refinance $82…

USCG: Marijuana for Mariners Still Forbidden

Apr 17, 2019

Marijuana use remains incompatible with sea service despite changes in state laws.Every year, dangerous drug use disrupts or destroys the careers of hundreds of professional mariners, threatening safety throughout the maritime transportation system at the same time…

Frank Coles Charts New Strategy for Wallem

Apr 16, 2019

The maritime solutions company with expertise in ship management Wallem said that it  has updated its corporate identity to mark the beginning of a shift in its service offering that will harness the latest technology to improve asset management…

Piracy, Sea Robbery Situation in Asia in Q1 2019

Apr 16, 2019

Piracy and Armed Robbery against Ships in Asia 1st Quarter Report January to March 2019Overall SituationA total of 10 incidents of armed robbery against ships (comprising nine actual incidents and one attempted incident) were reported in Asia…

BMA Appoints Hutchinson as MD, CEO

Apr 15, 2019

The Bahamas Maritime Authority (BMA) announces the appointment of Captain Dwain E. Hutchinson as its Managing Director and Chief Executive Officer. Captain Hutchinson succeeds Commodore Davy F. Rolle, who stepped down as Director last year.Captain Hutchinson is a proud Bahamian from Nassau…

CMA CGM Finalizes Ceva Logistics Tender

Apr 10, 2019

French shipping giant CMA CGM has completed its public tender offer to acquire CEVA Logistics.The French carrier has confirmed the acquisition of Ceva Logistics after announcing it holds 97.89 percent of the company’s stock and will therefore de-list it from the Zurich Stock Exchange after April 16…

Top Honours for CMA CGM, Mrs Gina Lee-Wan

Apr 09, 2019

The global container shipping company CMA CGM Group and maritime lawyer Gina Lee-Wan, Partner and Co-Head of Maritime and Aviation Practice at Allen & Gledhill, recognised at Singapore International Maritime Awards 2019.'CMA CGM and Mrs Gina…

OOIL, JD, Cosco JV for Logistics

Apr 04, 2019

Gold Talent, Cosco Shipping Logistics and JD Logistics  entered into a cooperation agreement to jointly invest in online logistics platform EShipping through a joint venture (JV) formation.Gold Talent is a wholly-owned subsidiary of Hong Kong…

Companies Sue Valero for Bad Marine Fuel

Mar 29, 2019

Two companies filled lawsuits this week in federal courts in Texas alleging that ships they operated in 2018 were damaged by contaminated bunker fuel sold by a Valero Energy Co subsidiary Valero Marketing and Supply Co, according to court documents…

Logistics News

World’s Largest Wind-Powered Ro-Ro Arrives in Baltimore

World’s Largest Wind-Powered Ro-Ro Arrives in Baltimore

Danish Container Traffic Hits Record in Third Quarter

Danish Container Traffic Hits Record in Third Quarter

Gram Car Carriers Rolls Out Orca AI Navigational Analytics Platform

Gram Car Carriers Rolls Out Orca AI Navigational Analytics Platform

Morocco’s Marsa Maroc to Acquire 45% Stake in Spain’s Boluda Maritime Terminals

Morocco’s Marsa Maroc to Acquire 45% Stake in Spain’s Boluda Maritime Terminals

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US FAA spends $6 billion on air traffic radar, telecom and other equipment
Document shows that Italy is planning to invest 2.4 billion Euros in frigates.
Data shows that Swedish greenhouse gas emission are on the rise again following government relaxation of fuels policies