Lloyd's List

OSG’s bullish outlook for product tankers called into question

SHIPBROKERS and analysts have downplayed owners’ bullish signals that product tanker markets had turned a corner and rates were set to improve. Overseas Shipholding Group chief ...

Lloyd's List , 09 Sep 2010

Quarterly and spot ore prices set to align in final quarter

IRON ore from Brazil and Australia will be sold at fourth quarter prices up to $5 per tonne lower than the current spot price. Brazilian producer ...

Lloyd's List , 09 Sep 2010

Pirate boats swarm vessels

AROUND a dozen pirate skiffs converged on two vessels in the Bab al Mandeb this afternoon, according to a spokesman for EU Navfor. Shots were fired ...

Lloyd's List , 09 Sep 2010

Shipbrokers refuse to back Baltic central screen

SHIPBROKERS have refused to support the Baltic Exchange’s reprised plans for a central electronic marketplace for trading freight derivatives in its current format, less than ...

Lloyd's List , 09 Sep 2010

EU sanctions could hit NITC P&I cover

NITC will not escape blanket European Union sanctions on issuing insurance to Iranian companies, sources in Brussels said today as a working group convened to ...

Lloyd's List , 09 Sep 2010

Lloyd's Law Reporter

AZIMUT-BENETTI SPA V HEALEY

The claimant was a luxury yacht builder based in Italy. By a yacht construction contract dated 25 September 2008 the claimant agreed to construct, and ...

Lloyd's Law Reporter , 03 Sep 2010

REINO DE ESPANA V AMERICAN BUREAU OF SHIPPING

The action arose from the sinking of the oil tanker Prestige off the coast of Spain, the plaintiff, in November 2002. The plaintiff sought compensatory ...

Lloyd's Law Reporter , 31 Aug 2010

BENOURAD V COMPASS GROUP PLC

The claimant, an introduction agent and the defendant, a food service provider, conducted a protracted negotiation by correspondence and at meetings relating to the provision ...

Lloyd's Law Reporter , 31 Aug 2010

SHC CAPITAL LTD V NTUC INCOME INSURANCE COOPERATIVE LTD

PUC engaged Simei its main contractor, and Simei in turn engaged EIN as its sub-contractor. An employee of EIN was injured at work, and he ...

Lloyd's Law Reporter , 31 Aug 2010

SEBASTIAN HOLDINGS INC V DEUTSCHE BANK AG

The parties entered into various contracts. Some of those contracts provided for the exclusive jurisdiction of the English courts but others, including the FX Prime ...

Lloyd's Law Reporter , 31 Aug 2010

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News & Analysis

US court convicts Somali for attacking Danish ship

US PROSECUTORS have extracted a guilty plea from a Somali man that could send him to jail for up to 25 years on two piracy-related ...

Lloyd's List , 09 Sep 2010

New Fortune chief engineer sentenced

ANOTHER chief engineer will be paying a punitive fine to the US government on a magic pipe charge, in a case involving the Transmar -owned ...

Lloyd's List , 09 Sep 2010

Korean shipowners discuss impact of Iran sanctions

IN THE wake of South Korea’s adoption of economic sanctions against Iran, South Korean shipowners met today in Seoul to discuss concerns over the action ...

Lloyd's List , 08 Sep 2010

Luxembourg signs up to Rotterdam Rules

LUXEMBOURG has become the 22nd state to sign up to the Rotterdam Rules, the new maritime and supply chain cargo liability convention that still awaits ...

Lloyd's List , 08 Sep 2010

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Latest Vessel Casualties

Gotlandia II Baltic 08 Sep
Waaldijk British Isles, North Sea, English Channel, Bay of Biscay 08 Sep
Delta Hamburg Baltic 08 Sep
Anabar Japan, Korea and North China 07 Sep
Ojibway Great Lakes 05 Sep

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