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WFW further expands Maritime Disputes practice with new London Partner hire

Watson Farley & Williams (“WFW”) is delighted to announce that well-known maritime disputes expert Mike Phillips has joined the firm as a Partner in London. He moves from Stephenson Harwood, where he has been a partner for 12 years, six of which as head of their Marine & International Trade group. Mike specialises in maritime …

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ClassNK issues guideline for survey and equipment of LNG bunker vessels

Japanese classification society Class NK has published its Guideline for Survey and Facilities/Equipment of LNG Bunkering Ships, which outlines the additional safety requirements of liquefied gas carriers that supply LNG fuel at sea. As explained, there are currently no established international conventions for the facilities/equipment of ships that transfer LNG to other ships at sea, …

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Philippines’ ERC denies feed-in-tariff for ocean energy

The Energy Regulatory Commission (ERC) of the Philippines has denied the petition filed by the National Renewable Energy Board (NREB) for Feed-in-Tariff (FIT) for electricity generated from ocean energy resources. The Philippine flag (Courtesy of the Government of the Philippines) Consequently, NREB was directed to file a separate petition for a new Ocean FIT rate …

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What’s in a flag?

When it comes to flags, size matters. Despite their tiny populations Panama, Liberia, and the Marshall Islands together hold 560 million gross tonnage of global tonnage. The Marshall Islands, the smallest, has a ship for every 18 citizens. These three have resided at the top for over a decade thanks to their flexibility and ease-of-use …

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Iraq defuses mine attached to oil tanker, no impact on crude exports: ministry

Iraq, OPEC’s second-largest producer, defused Jan. 2 a sea mine attached to a tanker in the Persian Gulf without impact on crude exports or loadings, the oil ministry and the State Oil Marketing Organization said in statements. Iraqi authorities discovered on Dec. 31 the sea mine on the tanker Pola in international waters in the …

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Prem Watsa-led Fairfax weighs bid for Shipping Corporation

Indian born, Canadian billionaire Prem Watsa-led Fairfax Financial Holdings Ltd is weighing a bid for Shipping Corporation of India Ltd (SCI), the ‘navratna’ state-owned company which has been put up for privatisation by the government. On December 22, the Department of Investment and Public Asset Management (DIPAM) invited expression of interest to privatise SCI by …

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The evolution of car carriers

The modern car carrier could not have evolved without the period of dual-purpose and converted ships. Today, a car carrier is referred to as a pure car carrier (PCC) or a pure car and truck carrier (PCTC). Looking like a floating garage, the largest of these can carry up to 8,500 automobiles. The difference between …

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