Lloyd's List
Rickmers Maritime $81.5m rights issue proves popular with unit holders
Rickmers Maritime’s closed off its rights issue to refinance its debt position Monday in an $81.5m deal that was oversubscribed 1.5 times. The Singapore ......
Lloyd's List , 21 May 2013
Nordic and Baltic focus: Finland
IMPENDING environmental legislation from the European Union and International Maritime Organization is weighing heavily on Finnish shipowners. Any vessel working in the Baltic Sea ......
Lloyd's List , 21 May 2013
Wan Hai posts $4.2m in net profit for first quarter
Wan Hai Lines reported in the black for first quarter, helped by non-operating gains that helped erase an operating loss. Taipei-listed Wan Hai, largely ......
Lloyd's List , 21 May 2013
Cosco Pacific to sell its stake in container maker CIMC
THE port operating division of China Ocean Shipping has agreed to sell its 21.8% stake in container maker China International Marine Containers “This transactions ......
Lloyd's List , 21 May 2013
The price is right
THE numbers filtering out from last week’s Greek shipowner sojourn to China may have lost a little accuracy in translation in some reports, but ......
Lloyd's List , 20 May 2013
Lloyd's Law Reporter
FISH & FISH LTD v SEA SHEPHERD UK AND OTHERS (THE "STEVE IRWIN")
This was the decision of the Court of Appeal of preliminary issues between Fish & Fish (claimant) and SSUK. The claimant was a company ......
Lloyd's Law Reporter , 20 May 2013
SEAGRAIN LLC V GLENCORE GRAIN BV
This was the appeal of a GAFTA arbitration concerning the proper construction and application of the GAFTA Prohibition Clause. The appellant sellers Seagrain LLC ......
Lloyd's Law Reporter , 10 May 2013
KINGSWAY SHIPPING CO LTD V STX GULF SHIPPING DMCCO (MV YONG JIN)
STX, a shipper of iron ore and voyage charterer, wished to load the vessel Yong Jin, in excess of what the master considered appropriate. ......
Lloyd's Law Reporter , 10 May 2013
COSCO CONTAINER LINES CO LTD V BATCHFORD AND ANOTHER
The claimant was a shipping company and Cosco was its UK agent. The defendants were B who operated a waste management business which inter ......
Lloyd's Law Reporter , 10 May 2013
NEW ZEALAND LOCAL GOVERNMENT INSURANCE CORPORATION LTD v R+V VERSICHERUNG AG
The claimant reinsured was covered by the reinsurers, including the defendant reinsurer, under an excess of loss treaty. The treaty contained a "loss settlements" ......
Lloyd's Law Reporter , 10 May 2013
News & Analysis
Germany passes private maritime security accreditation laws
GERMANY is the latest flag state to adopt a national licensing procedure for private maritime security companies. The Federal Office of Economics and Export Control will enforce the
Lloyd's List , 17 May 2013
Accreditation of armed guards certification bodies begins
THE pilot scheme for the International Organisation for Standardisation’s accreditation for armed guards is under way. The UK Accreditation Service will begin assessing the certification
Lloyd's List , 16 May 2013
Owners must not blend new standard with old vetting procedures
SHIPPING companies incorporating the content of the International Organisation for Standardisation’s accreditation for armed guards into existing structures and attempting to blend in
Lloyd's List , 16 May 2013
Security industry players advise on challenges of international standard
Castor Vali managing director Russ Armstrong: “I recommend allocating specific personnel and resources to the process, fostering a deep understanding of the standard within
Lloyd's List , 16 May 2013
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