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WFW advises on Liberia ship and corporate legislation

Watson Farley & Williams (“WFW”) has assisted the Liberian International Ship and Corporate Registry (“LISCR”) in developing revisions to the Liberian Business Corporation Act (“BCA”) and the Limited Liability Company Act (“LLC Act”). The legislation was revised in an effort to continue to make those laws more liberal, customer-friendly and reflective of the corporate laws …

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Report: STX Offshore rolls out early retirement plan to address ordering slump

Korean shipbuilder STX Offshore & Shipbuilding Co is planning to reduce its workforce to adapt to lower demand by launching a voluntary retirement plan, Yonhap reported citing a statement from the shipyard. Workers at the yard have been on strike since May amid dissatisfaction with unpaid furloughs which have affected around 500 workers. The walkout …

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Primer Oficial para buque tanque Aframax, Suezmax, VLCC – 10.400 USD/mes + Bonus

Primer Oficial para buque tanque Aframax, Suezmax, VLCC – 10.400 USD/mes + Bonus We are looking for Chief Officer on Aframax/ Suezmax / VLCC DWT – 107000 – 320000 t with 18 months rank experience on the same type of vessels.Salary –10400 USD + Rejoining bonusContract – 4 monthsTrading area – World Wide.Embarkation – jule.Crew …

Primer Oficial para buque tanque Aframax, Suezmax, VLCC – 10.400 USD/mes + Bonus Read More »

Valenciaport invertirá 136 millones en el Puerto de Sagunto

Estas inversiones permitirán acometer infraestructuras claves como el acceso ferroviario, el centro de inspección fronterizo o la ordenación de la zona norte El director general de la Autoridad Portuaria de Valencia, Francesc Sánchez, ha participado en un webinar organizado por ASECAM, donde ha destacado “la oportunidad que tenemos de diseñar las mejores opciones para la …

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Higher naphtha demand in Europe shuts arbitrage window to Asia despite lower freight

Strength in the European naphtha complex has crunched the East-West spread even as freight costs tumble to a near 10-month low, exacerbating the tight supply situation in Asia. The July East/West spread – the premium of the CFR Japan naphtha cargo swap over the CIF NWE equivalent – was assessed at $12.50/mt at the Asian …

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