FMC Issues Notice of Complaint Filing

Monday, June 10, 2002
The Federal Maritime Commission (FMC) issued a notice that a complaint has been filed with that agency alleging that the Puerto Rico Port Authority violated the Shipping Act of 1984 in connection with negotiating and entering into maritime terminal leases and agreements. Source: HK Law

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Ship Sales

Hyundai Bags NZ Defence Order

Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, has won an order to build a 23,000 ton class logistics support vessel for New Zealand Defence

Global Fleet Growth: A More Mature Trend?

The supply of ships into the fleet is a key determinant of vessel earnings across the shipping sectors, and world fleet growth is closely followed by everyone in the maritime industry,

South Korean Yards Face Shrinking Orderbook

The global orderbook has continued to decline in the year to date, indicating that there are diminishing levels of activity at many of the world’s shipyards, says Clarksons Research.

 
 
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