Regulation

Class Societies Establish Framework for Ice-Class Vessels

As opportunities emerge in shipping to explore the Arctic region, owners that wish to do so need guidance on what technical standards are required from vessels operating in the region, and Lloyd's Register has just published the first set of regulations for this niche sector.

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Singapore Registry Introduces New Benefits to Owners

The Maritime and Port Authority of Singapore has introduced new incentives for owners.

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US Law Firm Explains Sanctions' Practical Implications

Lawyers from Seward and Kissel explain the practical implications that sanctions against Iran and Syria have on the industry.

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Bolivia Registry to delist vessels if sanctions violations discovered

Bolivia Registry Director Zoilo Roca Kikunga says it will remove vessels in violations of international sanctions.

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Iranian Crude Oil Exports in Decline

A Lloyd's List Intelligence study indicates that Iranian crude oil export volumes for March 2012 were one-third lower than their monthly average for 2011, potentially suggesting that sanctions imposed on the country are having an effect.

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Potential Syria Weapons Delivery Foiled

A German-owned, Antigua and Barbuda-flagged ship that had been headed for Syria changed course after learning that it was possibly carrying military equipment that the regime planned to use against dissidents.

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Lithuanian Shipowners Association Chairman Discusses Value of National Fleet

Reprint of "A flag flying on a vessel creates the state's image" first published in Made in Lithuania.

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Alaska Fuel Distributor Obtains Emergency Permission to Accept Cargo of Russian-Flagged Ship

A current lawsuit explains the complications the Jones Act places on transporting goods to non-contiguous US regions such as Alaska.

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Class Societies Campaign for Liability Limits

Classification societies are advocating for liability restrictions as the IMO prepares to introduce a recognized organization (RO) code that would provide regulation on the matter.

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Malta registry delists Iran-connected tanker

The Maltese registry has delisted a vessel linked to an Iranian ownership and carrying Syrian cargo.

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