EP Resolution on Ship and Port Facility Security

Friday, November 21, 2003
The European Parliament issued a Press Release that states, in pertinent part, that the Parliament adopted a resolution to improve ship and port facility security. Member States are to designate a focal point for maritime security. Member States should apply the special measures to enhance the SOLAS Convention and should apply these measures to domestic shipping by 1 July 2005. In debate, MEPs were concerned about financial consequences for the maritime sector. Source: HK Law

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Contracts

Diana Charters Out Two Bulkers

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Ports

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Fitch Ratings, one of the top three U.S. credit analysis agencies, has affirmed the Port of Long Beach’s “AA” rating on its outstanding debt. Fitch stated the AA rating — its highest for U.

Portugal PM Warns Lisbon Dock Workers to End Strike

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