Legal & Regulations

  • IMO's Hughes talks sulfur cap, quashes talk...

    The 0.5% global sulfur limit on bunker fuels from the start of 2020 is "highly unlikely" to face any delay, Edmund Hughes, head of air pollution and energy efficiency at the International Maritime Organization, told S&P Global Platts in an exclusive interview.

  • Taking Women on Board as Non-Executive Members

    Legal implications can have a serious impact on company balance sheets. You need to plan ahead, becoming aware of regulations, new laws, international conventions and the impact these might have on your business

  • Show me the money: the new Bankruptcy Law and...

    At the end of 2016, the UAE finally adopted the long awaited Bankruptcy Law (Law No. 9 of 2016). After several years in the making the new law represents a significant improvement over the old regime which has previously existed under the Commercial Code and which has now been repealed.  In this article, we will consider the impact of the new law on debt collection in the UAE, which remains a topical issue in the current commercial environment.

  • Improving the lot of Bangladeshi seafarers

    Maritime Labour Convention (MLC), 2006 is meant to protect the right of seafarers which is treated as “Fourth Pillar” next to SOLAS, MARPOL and STCW of International Maritime Organisation (IMO). It is also called “Bill of Right” among the 1.2 million professional seafarers around the world.

  • IMO catalyst for more efficient ships

    “IMO regulations will be a driver and catalyst for a generation of new, more efficient ships” said Stefan Micallef, Director of the Marine Environment Division at IMO, as he concluded his remarks at the 2017 Propulsion and Emissions conference, Hamburg, Germany (10-11 May).

  • Mediterranean fuel oil blenders opt for Baltic...

    Fuel oil blenders in the Mediterranean are opting to buy Mazut-100 from the Baltic amid strong demand for finished-specification RMG as well as cheap freight rates for delivery between the Baltic and the Mediterranean.
     

  • Offshore leasing order a boon: State could...

    President Donald Trump gave Alaska some good news late last week when he signed an executive order directing Interior Secretary Ryan Zinke to review a plan from President Barack Obama’s administration that banned drilling in parts of the Pacific, Arctic and Atlantic oceans. Though a price slump that began in 2014 has reminded Alaskans to plan for a future in which oil no longer provides the lion’s share of state revenue, the commodity remains a vital part of the Alaska economy and likely will remain so for decades to come. The executive order relating to offshore drilling provides hope that drilling on the outer continental shelf off the state’s northern coast may be allowed again.

  • Costly bilge water non-compliance is subject of...

    A new white paper from Alfa Laval addresses ship owner concerns to ensure vessel compliance with bilge water regulations worldwide. Even if a traditional system with type approval is operating on board, the paper states, there are still risks of violating applicable laws and damaging the marine environment.

  • Shipping industry faces seismic shift in 2020 as...

    In 2020 the shipping industry is facing its biggest change since the shift away from burning coal a century ago as the IMO is set to impose a new 0.5% sulfur cap on marine fuel emissions. S&P Global Platts associate director Paul Hickin and editorial lead for bunker news Jack Jordan assess the readiness of the industry for the changes ahead, as well as the likely options for shipowners in coping with the stricter emissions regulations.

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Coast Guard “HAS Not Been Aggressively Enforcing” Salvage And Marine Fire-Fighting Requirements, Top U.S. Official Admits

A top U.S. Coast Guard official admitted at a recent congressional oversight hearing that the Coast Guard “has not been aggressively enforcing the compliance” of vessel response plans filed under federal Salvage and Marine Firefighting (SMFF) regulations. The rules, derived from the Oil Pollution Act of 1990, are meant to prevent a worst-case discharge resulting from fire or explosion aboard a vessel.

English

New chairman Willum Richards to lead Association of Average Adjusters in international drive to bolster high standards in settling marine and offshore claims

Willum Richards, the new chairman of the Association of Average Adjusters, has set out his aim to build on the work of his predecessor, Keith Martin, in advancing the Association internationally. Along with the management committee, Mr Richards will also be steering the Association through some organisational changes required by the success achieved in expanding the scope of, and interest in, the Association’s highly-regarded examinations.

English

Show me the money: the new Bankruptcy Law and debt collection in the UAE

At the end of 2016, the UAE finally adopted the long awaited Bankruptcy Law (Law No. 9 of 2016). After several years in the making the new law represents a significant improvement over the old regime which has previously existed under the Commercial Code and which has now been repealed.  In this article, we will consider the impact of the new law on debt collection in the UAE, which remains a topical issue in the current commercial environment.

English

Taking Women on Board as Non-Executive Members

Legal implications can have a serious impact on company balance sheets. You need to plan ahead, becoming aware of regulations, new laws, international conventions and the impact these might have on your business

English

IMO's Hughes talks sulfur cap, quashes talk of a delay

The 0.5% global sulfur limit on bunker fuels from the start of 2020 is "highly unlikely" to face any delay, Edmund Hughes, head of air pollution and energy efficiency at the International Maritime Organization, told S&P Global Platts in an exclusive interview.

English

Improving the lot of Bangladeshi seafarers

Maritime Labour Convention (MLC), 2006 is meant to protect the right of seafarers which is treated as “Fourth Pillar” next to SOLAS, MARPOL and STCW of International Maritime Organisation (IMO). It is also called “Bill of Right” among the 1.2 million professional seafarers around the world.

English

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