Shipping Company Contributes to Wildlife Foundation

Friday, December 15, 2006
The U.S. Attorney for the District of New Jersey said that a foreign shipping company contributed $100,000 to the National Fish & Wildlife Foundation. The money was a court-ordered community service payment following the company’s guilty plea to making a false statement by presenting fraudulent oil record books to the US Coast Guard. The company also paid a $400,000 criminal fine. Source: HK Law
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Maritime Reporter May 2013 Digital Edition
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Legal

Singapore: Illegal Bunkering Activity

The Singapore Maritime and Port Authority (MPA) issued a news release stating that four persons are being charged with corrupt practices for conspiring to engage in illegal bunkering activity.

Jumping Off the Fiscal Cliff?

It’s more of a Downward Slope for Maritime, Transportation, and Energy Programs You are not alone if you are bewildered by the talk in Washington about “sequester,

Invoicing Error Lays Massive Bill on Shipbroker

ITIC revealed how an invoicing error led to a shipbroker being asked to foot the bill for a bunker supply amounting to more than three-quarters of a million dollars.

Finance

Steamship Mutual Addresses Underwriting Imbalance

Steamship Mutual released interim financial results for the year ending February 20, 2013. As with all international group clubs, underwriting performance for the year ended February 20,

Euroseas Reports Quarter Results

Euroseas Ltd., an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced

Dutch Shipbuilding Holds Position in Difficult Market

2012 was a challenging year for the Dutch shipbuilding industry. In general, the industry was able to achieve relatively good results. The various shipbuilding

 
 
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