1,373 results found

A U.S. shipping company agreed to pay a $518,063 penalty to settle potential liability concerning alleged violations of the Iranian Transactions and Sanctions Regulations.

What happens when the limitation of liability clause in a contract between a shipper and a carrier is inconsistent with the bill of lading?

On November 5, 2021, Federal Maritime Commissioners Carl W. Bentzel and Louis E. Sola wrote a letter to Treasury Secretary Yellen expressing concerns about the takeover of Ports America...

The U.S. Treasury's Office of Foreign Assets Control has designated two entities allegedly facilitating IRGC revenue collection through maritime services in the Strait of Hormuz, raising critical compliance questions for vessel owners and operators. This action targets entities that purport to offer legitimate marine insurance and security services but function as mechanisms for extracting payments to benefit Iranian regime actors. The designations underscore heightened U.S. scrutiny of arrangements that ma

The U.S. Customs and Border Protection has extended the Jones Act waiver by 90 days in response to the Iran conflict, introducing new submission requirements for parties seeking to utilize the waiver. CBP's updated guidance now mandates additional documentation and extends the deadline for loading covered products onto vessels through mid-August 2026.

The proposed modifications, if ultimately adopted, would remove costly and burdensome regulatory requirements that NVOCCs currently bear.

The US Treasury Department's Office of Foreign Assets Control announced on 6 August that Navigators Insurance Company has agreed to pay $271,815 to settle apparent US sanctions violations.

As a result of the contagious ocean carrier saga, recently the subject of a Presidential Executive Order dealing with anti-competitive developments in ocean shipping...

With February's decision by the 2nd Circuit Court of Appeals upholding New York’s prohibition on interstate wine shipments, the debate over direct shipping may be headed for the Supreme Court. Two circuits have now upheld direct shipment prohibitions (7th Circuit upheld Indiana's law), while four circuits (Texas, North Carolina, Virginia, and Michigan) have struck them down.

(June 27, 2022) - The patchwork of state laws that impact transportation-related claims can create substantial headaches for companies that operate across state lines.

The theme of this year’s Connecticut Maritime Association ("CMA") Shipping 2011 Conference "forward"— is laden with ambiguity. Given the current business climate, that is as it should be.

Amid increasing pressure to take action on ocean carrier demurrage and detention (D&D) practices perceived by the shipper community as unfair, opaque, and punitive, the U.S.

In Ledet v. Parker Drilling Offshore USA, L.L.C., et al., following de novo review, the Louisiana First Circuit Court of Appeal found the trial court committed reversible error in resolving disputed factual issues...

Although the marine market saw significant fluxuations as a result of COVID-19, declining oil and gas prices, and international trade sanctions, 2021 promises new opportunities.

Three major container shipping companies have announced their intention to set up an alliance to cooperate on some of the most important international routes for container shipping services.

Significant changes are expected at the Federal Maritime Commission (FMC), the bipartisan body tasked with regulating the U.S. international ocean transportation system for the benefit of U.S. exporters...

President-Elect Donald Trump has announced his pick to head the Department of Transportation: Elaine L. Chao.