FMC Allows Amicus Briefs

Thursday, April 24, 2003
The Federal Maritime Commission (FMC) issued an Order allowing non-parties to file amicus curiae briefs in an action involving Sea-Land Service, Inc. In doing so, the Commission has overruled past Commission case law addressing acceptance of amicus briefs. The Commission will retain authority to exercise its discretion to allow or deny filing of amicus briefs, but will more frequently allow filing of such briefs that are timely submitted, that set forth their interest in the proceeding, and that sufficiently explain why their participation as an amicus curiae would be desirable. Docket No. 98-0 Source: HK Law
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Legal

US Plans to Shut Royalty Loophole on Coal Exports

U.S. coal companies will no longer be able to settle royalties at low domestic prices when they make lucrative sales to Asia according to reforms proposed by the Interior Department on Friday.

Denmark Issues New Pilotage Regulations

In an effort to make the pilotage market more efficient, the Danish Maritime Authority (DMA) issued several new regulations following on amendments to the pilotage act.

US Shippers, West Coast Dockworkers Union Resume Contract Talks

Negotiators for shipping lines and terminal operators at 29 U.S. West Coast ports resumed contract talks with the union for dockworkers on Thursday, as cargo backups continued at the ports,

Finance

Larger Tankers May Offer Better Return Chances

Investors looking for returns in the tanker markets can invest their capital in a variety of ways. Should an owner invest in a VLCC or an Aframax? How about an

US Plans to Shut Royalty Loophole on Coal Exports

U.S. coal companies will no longer be able to settle royalties at low domestic prices when they make lucrative sales to Asia according to reforms proposed by the Interior Department on Friday.

Hapag-Lloyd Completes CSAV Merger Capital Increase

Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping

 
 
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