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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

IBIA Develops Bunkering Procedure Guidelines

A set of Standard Operating Procedures (SOP) for surveyors has been developed by the International Bunker Industry Association (IBIA) to help the industry manage new regulations,

Strikes Cause Stoppage in Greek Ports

A 48-hour strike by the Seamen’s Union in Greece is expected to affect all domestic and local ferry routes as well as commercial vessels calling at Piraeus, Aspropyrgos,

Evergreen Holding Group May Miss Bond Payment

Evergreen Holding Group, an unlisted company that specialises in building boats, issued a warning on Friday that it may have trouble making coupon and interest payments on a bond maturing on May 15.

Coast Guard

Injured Fisherman Rescued off New Jersey

An injured fisherman was rescued by the U.S. Coast Guard on Friday 62 miles east of Cape May, N.J.   A crew member from the fishing vessel Stacy Lee called Coast

Coast Guard, Homeland Security Open Joint R&D Facility

Coast Guard Research and Development Center along with DHS Science and Technology Directorate officially open a new Science and Technology Innovation Center   The

US Aims to Recover El Faro VDR in Next Few Months

The U.S. National Transportation Safety Board hopes to recover the voyage data recorder from the cargo ship El Faro, which sank during a hurricane killing all 33 crew on board,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Offshore Oil Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.0888 sec (11 req/sec)