Legal

Court: Japan's Mitsui Paid to Release Ship

China Supreme Court says Mitsui pays about $29 mln; Ship released about 0030 GMT Thursday. Ship was seized over dispute dating back to 1930s. Advisor to plaintiffs says will likely demand more money.

Lawyer: Korea Ferry Owners Accept Responsibilities

The family that has a major stake in companies that control the shipping operator whose ferry sank last week, likely to have killed hundreds, will take social and

Wind Farm Operator Theolia to Refinance Bond

French wind farm operator Theolia said it was looking at several options to refinance a 126 million euro ($174.2 million) convertible bond, which it would be unable

Mitsui O.S.K. Ship Ready To Leave Chinese Port

  Japanese shipping firm Mitsui O.S.K. Lines Ltd said on Thursday that its ship, the "Baosteel Emotion" 226,434 deadweight-tonne ore carrier, is ready to leave

China Court Releases Japanese Ship After Payment

  A Chinese court said on Thursday that it has released a ship owned by Japanese shipping firm Mitsui O.S.K. Lines Ltd, which had been seized in a contract dispute, after the Japanese firm paid up.

Mitsui Pays $40 Mln Compensation After Seizure

  Japanese shipping firm Mitsui O.S.K. Lines Ltd has paid about 4 billion yen ($39 million) in settlement to China as compensation stemming from a wartime contractual obligation,

Green Groups Urge US to Drop Solar Trade Case against India

Environmental groups urged the United States on Wednesday to drop a challenge to India's massive solar program and said the World Trade Organization case would

Passenger Ship Liability Treaty Takes Effect

The Athens Convention relating to the Carriage of Passengers and their Luggage by Sea, 2002, which substantially raises the limits of liability for the death of,

EU: No Thursday Energy Talks Foreseen

The European Commission does not foresee energy talks on Thursday in Bratislava, a spokeswoman said, following comments from Ukraine such a meeting could take place.

Korean Prosecutors Raid Home of Ferry's Owner

Prosecutors investigating the fatal sinking of a South Korean ferry have raided the home of Yoo Byung-un, the head of a family that owns the Chonghaejin Marine Co.

Ship as Lifeboat Concept Disputed by ICV

A recent meeting at the National Transportation Safety Board in Washington, D.C. (attended by International Cruise Victims (ICV) Board representatives) discussed

BP Gulf Spill Trial Set For January

  The high-stakes penalty phase of BP's trial over its role in the 2010 U.S. Gulf of Mexico oil spill will start next January, court officials said on Tuesday,

China's Seizure of Japanese Ship has Pre-WWII Roots

It all began with a pre-World War II contract between China's then "ship king" and a Japanese company to lease two Chinese freighters. When the one-year lease was up in 1937,

Reminder Stresses Importance of Accurate Clearance Information

The Captain of the Port, New York-New Jersey, has issued a reminder about the importance of providing accurate clearance information, and warns that civil penalties

Exxon Works to Reopen Siphoned UK Pipeline

Exxon Mobil is working to reopen one of Britain's main underground fuel pipelines after the discovery of a tapping device and a stash of diesel that police believe was siphoned off by thieves.

Arctic Energy Exploration Efforts Heat Up

Oil and gas—and also mining—are the drivers today propelling Arctic maritime operations and the construction of new vessels able to operate in extreme latitudes.

Maritime Code Accord Could Solve Pacific Conflicts

Naval officers say accord does not directly address problems in disputed waters, but document could be initial step towards guarding against conflict. U.S. has

China's Japanese Ship Seizure has pre-WWII Roots

It all began with a pre-World War Two contract between China's then "ship king" and a Japanese company to lease two Chinese freighters. When the one-year lease was up in 1937,

Air Draft Alert: Bayonne Bridge Struck Twice this Year

The Bayonne Bridge is undergoing a two-year construction project to raise the roadway an average of 65 feet. The Captain of the Port, New York-New Jersey says that

Calculating Settlement Value of a Case

It has been said that war is politics by other means.  It is probably equally true that litigation is business by other means.  On the one hand, the threat of litigation – and the resulting costs,

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