Bill introduced to reauthorize MARAD

Friday, May 16, 2008

Senator Lautenberg (D-NJ) introduced the Maritime Administration Act for Fiscal Year 2009 (S. 2997) to reauthorize the Maritime Administration, and for other purposes.  The bill, if enacted into law, would, among other things, address assistance to small shipyards and extend the marine war risk insurance program through 2015. (HK Law)

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Mitsui O.S.K. Ship Ready To Leave Chinese Port

Japanese shipping firm Mitsui O.S.K. Lines Ltd said on Thursday that its ship, the "Baosteel Emotion" 226,434 deadweight-tonne ore carrier, is ready to leave

China Court Releases Japanese Ship After Payment

A Chinese court said on Thursday that it has released a ship owned by Japanese shipping firm Mitsui O.S.K. Lines Ltd, which had been seized in a contract dispute, after the Japanese firm paid up.

Mitsui Pays $40 Mln Compensation After Seizure

Japanese shipping firm Mitsui O.S.K. Lines Ltd has paid about 4 billion yen ($39 million) in settlement to China as compensation stemming from a wartime contractual obligation,

 
 
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