Corps of Engineers Civil Penalties Rise

Monday, June 28, 2004
The U.S. Army Corps of Engineers is adjusting its civil penalty rules to account for inflation. Effective July 26, the maximum Class I civil penalty that the agency may assess under the Clean Water Act and the National Fishing Enhancement Act will increase to $11,000. 69 Fed. Reg. 35515 (HK Law)

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Baltic Index Rises on Greater Vessel Demand

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Wednesday, boosted by demand that is driving rates up across vessel segments.

CMA CGM Crosses 91.05% Ownership Threshold of NOL

CMA CGM S.A has crossed the compulsory acquisition ownership threshold in Neptune Orient Lines Limited (NOL).    Following its all-cash voluntary conditional

Baltic Index Rises for Fifth Consecutive Session

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday for a fifth straight session on stronger demand across all vessel segments.

 
 
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