Parcel Tanker Company Agrees to Plead Guilty, Pay $19.5M Fine

Wednesday, April 21, 2004
The U.S. Department of Justice issued a Press Release stating that Jo Tankers B.V. has agreed to plead guilty and pay a $19.5 million criminal fine for participating in an international cartel to allocate customers, rig bids, and fix prices on parcel tanker affreightment contracts for shipment of specialty liquids to and from the United States and elsewhere. The plea agreement and recommended sentence are subject to court approval. (HK Law)
Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Libya Plans to Sell Ex-rebel Tanker

Libya plans to sell a tanker that a former rebel group used in an attempt to bypass the Libyan government and export oil on its own last year, the Tripoli-based state prosecutor said on Thursday.

Turkey Detains 4 in Connection with Capsized Migrant Boat

Turkish police have detained four Syrians suspected of involvement in organising the passage of a boat which capsized, drowning 12 people including a toddler, as

Singapore Becomes Sea-Dispute Settlement Centre

The government of Singapore has become a venue in Asia to settle maritime disputes for proceedings before the International Tribunal for the Law of the Sea (ITLOS).

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.4279 sec (2 req/sec)