Stolt-Nielsen to File Motion Against Indictment

Monday, October 30, 2006
Stolt-Nielsen SA said it plans to file motion to dismiss a grand jury indictment accusing the company of price fixing, as it intends to argue that an amnesty agreement with the Justice Department still holds. Earlier on Monday, the U.S. Supreme Court refused to consider an appeal by the Norwegian shipping group aimed at blocking the government from pursuing antitrust charges against the company. In 2004, the Justice Department nullified an earlier leniency deal, which had promised Stolt-Nielsen freedom from indictment in exchange for its cooperation with investigators looking into potential collusion in its parcel tanker and intra-Europe inland barge operations. Source: Reuters source: Reuters
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Dutch Yards May Need to Rethink Contract Structures

Rotterdam-based law firm AKD said a recent decision of the Dutch courts means that shipyards in The Netherlands may no longer be able to rely on the right to retain

Egypt Eyes Suez Container Port Renegotiation

Egypt is trying to renegotiate an extension of an agreement worth $1.5 billion with Suez Canal Container Terminal which has a concession to run a port near the entrance to the canal,

China Defies U.S. Plea for Restraint in South China Sea

China on Monday hit back at "irresponsible remarks" from the United States which has called on Beijing to stop a land reclamation project in the disputed South

Coast Guard

Cathelco BWTS Receives AMS Approval

Cathelco Ltd. has received Alternate Management Systems (AMS) acceptance from the U.S. Coast Guard for their ballast water treatment system.   AMS acceptance

Seven Rescued from Sinking Freighter near Haiti

Seven crewmembers were rescued after their 100-foot coastal freighter began taking on water and sank approximately 45 miles north off of Cap Haitien, Haiti, Friday.

China Defies U.S. Plea for Restraint in South China Sea

China on Monday hit back at "irresponsible remarks" from the United States which has called on Beijing to stop a land reclamation project in the disputed South

 
 
Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3206 sec (3 req/sec)