Measure Gets Subcommittee Nod

Tuesday, March 21, 2000
A bill banning gaming "cruises to nowhere" received unanimous approval from a subcommittee of the House Judiciary Committee. The measure, known as the Gambling Cruise Prohibition Act, would prohibit casino gaming on any voyage that begins and ends in South Carolina, "during which the vessel does not make an intervening stop within the boundaries of another state or possession of the U.S. or a foreign country." The purpose of the bill, as stated in its first section, is to "clearly and unequivocally…prohibit gambling activities on so-called 'cruises to nowhere' as provided in 15 U.S.C. 1175." General Bill 4491 explicitly applies to all vessels, regardless of registry, and offers no exclusion for the large Carnival Cruise Lines ships that call on Charleston.

Legal

SOS from Hanjin Shipping

The creditors' extended help is crucial for survival of Hanjin Shipping Co as its negotiations with owners of chartered ships over a cut in leasing rates and to

Hapag-Lloyd Shareholders Okays Merger with UASC

Hamburg-based ocean carrier Hapag-Lloyd said its shareholders approved all items on the agenda at Annual General Meeting, mainly the  share capital increase needed

Yangzijiang Shipbuilding to Slash 2,000 More Jobs

Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up

Offshore

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Onshore Spending on the Cusp of Recovery?

DW’s recently released quarterly World Oilfield Services Market Forecast (OFS) and World Oilfield Equipment Market Forecast (OFE) continue to suggest 2016 will

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

 
 
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