Legal & Regulations

  • Diana Wihelmsen Fined $2 Million for Concealing...

    A U.S. judge yesterday ordered Cyprus-based Diana Wilhelmsen Management to pay a $2 million fine and serve four years probation after pleading guilty to charges of concealing unlawful discharges of oily water into the Atlantic Ocean. The company will also be supervised under an environmental compliance plan.

     

  • WFW Advises Lenders On Secured Term Loan...

    Watson Farley & Williams (“WFW”) has advised certain lenders in connection with newly arranged secured term loan financings used to assist Navios Maritime Acquisition Corporation (“Navios Acquisition”) finance part of the redemption price of its outstanding 8.125% First Priority Ship Mortgage Notes.

     

  • New reporting requirements for foreign flag...

    Further to our recent update on China’s Maritime Traffic Safety Law (MTSL), the Maritime Safety Administration (MSA) has issued a new circular requiring foreign flag vessels to make mandatory reporting prior entering the territorial waters of China.

     

  • Ince strengthens global brand with launch of Ince...

    International legal and professional services firm, Ince, today announces its subsidiary business, James Stocks & Co, will begin trading as Ince Corporate Finance as of 1 September 2021. The business will continue to be led by Tim Stocks, Founder and Managing Director, who has over 30 years’ experience in private practice as a lawyer specialising in corporate finance and securities work.

     

  • Tanker captain faces criminal charges over...

    The Indonesian Navy has detained the crew of a tanker that was allegedly involved in the theft of hundreds of thousands of barrels of crude from a Cambodian energy project - a charge which her operator vehemently denies.

     

  • OMSA releases first report of Jones Act...

    The Offshore Marine Service Association (OMSA), the industry organization for America's offshore vessel operators, has released its first allegation of a Jones Act violation since the launch of its "enforcement" campaign in the Gulf of Mexico. 

     

  • Ince Partner, Rosita Lau MH, Awarded Medal of...

    International legal and professional services firm, Ince, is delighted to announce that Rosita Lau, a partner in its Hong Kong office, has been awarded the Medal of Honour in Hong Kong’s 2021 Honours List. Rosita is the first and only maritime lawyer to be awarded this prestigious honour since its inception in 1997.

     

  • Updates for merchant shipping safety and...

    The Government proposes to amend five regulations under the Merchant Shipping (Safety) Ordinance and the Merchant Shipping (Prevention of Air Pollution) Regulation to incorporate the latest requirements under the International Convention for the Safety of Life at Sea and the International Convention for the Prevention of Pollution from Ships of the International Maritime Organization into local legislation.

     

  • Indian Ports Bill 2021: Back to central planning...

    India has 12 Major Ports and nearly 200 Non-Major Ports (NMPs), and they handle about 95% of its foreign trade by tonnage. Major Ports figure in the Union List and NMPs in the Concurrent List of the Seventh Schedule to the Constitution. So, Major Ports come under the jurisdiction of the central government and NMPs under the respective state governments, but the Centre has overriding legislative and executive powers.

     

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Diana Wihelmsen Fined $2 Million for Concealing Oil Dumping

A U.S. judge yesterday ordered Cyprus-based Diana Wilhelmsen Management to pay a $2 million fine and serve four years probation after pleading guilty to charges of concealing unlawful discharges of oily water into the Atlantic Ocean. The company will also be supervised under an environmental compliance plan.

 
English

Ince strengthens global brand with launch of Ince Corporate Finance

International legal and professional services firm, Ince, today announces its subsidiary business, James Stocks & Co, will begin trading as Ince Corporate Finance as of 1 September 2021. The business will continue to be led by Tim Stocks, Founder and Managing Director, who has over 30 years’ experience in private practice as a lawyer specialising in corporate finance and securities work.

 
English

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