January 2017

Palau Ship Registry Opens New Offices In Piraeus, Greece

Palau International Ship Registry (PISR) takes great pleasure and honor to announce the expansion of its USA, Houston Offices to Piraeus, Greece Head Office.

This page is only available to subscribers. Please subscribe now, or send an email to eengh@marinemoney.com for more information.

Liberian Registry strengthens Asia team to meet growing demand

The Liberian Registry has announced strategic new appointments in a number of key areas within the Asian regional offices operated by its US-based manager, the Liberian International Ship & Corporate Registry (LISCR).

This page is only available to subscribers. Please subscribe now, or send an email to eengh@marinemoney.com for more information.

Bermuda Ship Registry Receives ‘Favoured’ Status from China

On 16 January, it was announced that Bermuda’s ship registry had been granted ‘Most Favoured Nation’ status from China.

Bermuda received the status as part of an existing UK/China agreement, which will offer several advantages to the Island’s maritime industry.

This page is only available to subscribers. Please subscribe now, or send an email to eengh@marinemoney.com for more information.

US DOJ: Record year for shipowner pollution penalties - US$363 million in fines and penalties

US DOJ Environment and Natural Resources Division continued its robust program of prosecuting shipping companies and crew for the intentional discharges of pollutants from ocean-going vessels in U.S. waters. At the end of fiscal year 2016, criminal penalties imposed in these cases totaled more than $363 million in fines and more than 32 years of confinement.

This page is only available to subscribers. Please subscribe now, or send an email to eengh@marinemoney.com for more information.

Paris MOU – vessel detention review procedure

From our colleague Dennis Bryant's Maritime Blog - The Paris MOU posted a notice reminding owners and operators of vessels that have been detained by a Paris MOU member state and who decline to use the national appeal procedure, that they have the option of filing a complaint with the flag state or recogn

This page is only available to subscribers. Please subscribe now, or send an email to eengh@marinemoney.com for more information.

National Pollution Funds Center Rebuffed When Denying Claim for Oil Spill Clean Up Costs

1/6/2017 - From our friends at Montgomery McCracken Walker & Rhoads LLP: In a recent decision, the United States District Court for the District of Columbia took the rare step of holding that the United States National Pollution Funds Center (“the Fund”) wrongfully denied an oil pollution insurer’s claim for reimbursement of oil spill cleanup costs.  The district cour

This page is only available to subscribers. Please subscribe now, or send an email to eengh@marinemoney.com for more information.

Moore Stephens says shipping will find ways to ride out protracted downturn

Moore Stephens says shipping will find ways to ride out protracted downturn

International accountant and shipping adviser Moore Stephens says the shipping industry will use a mixture of experience and innovation to navigate what is likely to be another volatile year for the industry in 2017.

This page is only available to subscribers. Please subscribe now, or send an email to eengh@marinemoney.com for more information.

Happy New Year!

Happy New Year! We look forward to a great year.

This page is only available to subscribers. Please subscribe now, or send an email to eengh@marinemoney.com for more information.