Legal & Regulations

  • Sri Lanka govt snubs shipping industry on policy...

    Efforts by Sri Lanka’s shipping professionals to initiate discussions with the government on a policy for its ports and shipping sector have been unsuccessful despite the new regime’s professed commitment to transparency and dialogue.

  • Somali pirates told hostages on UAE-managed...

    The woman whose sailor husband was taken hostage by Somali pirates said he and the rest of his crew were forced to call home to speak to their families "for the last time".

    The hostages, who were on board a UAE-managed tanker, were given less than a minute to say "final goodbyes" to relatives in Sri Lanka last week during an exchange of fire with Puntland counter piracy forces off Somalia’s north-eastern coast.

  • MeteoGroup Underlines FleetGuard's...

    MeteoGroup says its interactive tool for live fleet monitoring, planning, and vessel optimisation, known as FleetGuard, can help shipping companies fully comply with new regulations implemented by the International Maritime Industry (IMO), as well as European Union's (EU's) Monitoring, Reporting, Verification (MRV) regulation.

  • Emirates Maritime Arbitration Centre breakfast...

    After the successful launch of the Emirates Maritime Arbitration Centre (EMAC) in November 2016, the organisation is hosting various themed maritime sessions with a number of law firms to fulfil its mandate to raise awareness in the maritime sector.

  • China says SC jurisdiction to cover all seas...

    China’s Supreme Court has extended its maritime jurisdiction to cover all seas under the country’s ‘sovereign control’, as Beijing firmed up its hold over the disputed South China Sea.
    China will resolutely safeguard maritime rights and interests, a work report of the Supreme People’s Court (SPC) submitted to the country’s legislature the National People’s Congress (NPC) on Sunday said.

  • Emirates Maritime Arbitration Centre signs MoU...

     In a move to further strengthen ties between arbitration centres in the region, the Emirates Maritime Arbitration Centre (EMAC), signed a Memorandum of Understanding (MoU) with the GCC Commercial Arbitration Centre (GCCCAC) during a ceremony on Tuesday 7 March.

  • Bureau Veritas Gains EU Maritime MRV Accreditation

    Bureau Veritas has gained accreditation from United Kingdom Accreditation Services (UKAS), in their pilot scheme, to carry out assessments and verifications for compliance with the European Union’s Maritime Monitoring, Reporting and Verification (EU MRV) regulation.

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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.

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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).

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Offshore leasing order a boon: State could benefit from executive order seeking to open Beaufort, Chukchi seas

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.

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Shipping industry faces seismic shift in 2020 as sulfur cap looms

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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