An Athens court on 4 December passed down a 10-year prison sentence to Greek shipowner Victor Restis after finding him guilty of making a false statement, but he was released as the term was suspended, however a travel ban has been imposed on him.
Whatever the outcome of Brexit negotiations, the UK intends to remain “the undisputed leading global hub for Maritime Services,” Shipping Minister Nusrat Ghani told attendees at the Maritime London/IMIF annual dinner held in the UK capital on Monday evening.
Just two and half years since it started operations Emirate Maritime Arbitration Centre (EMAC) has started to receive its first cases.
The Emirates Maritime Arbitration Centre (EMAC) attended Posidonia 2018 as part of a Dubai team that will be taking part in a number of important local and international events during the current ‘year of Zayed’ - marking the centenary of the birth of the late Sheikh Zayed bin Sultan Al Nahyan, the Founding Father of the UAE, who passed away in 2004.
In a tale that proves the adage that the truth can be stranger than fiction last week Panama’s National Assembly repealed the law granting terminal operator PSA’s concession in the country without anybody actually realising it had happened.
According to law firm Reed Smith the biggest opportunities for shipping in blockchain lie with digitising the supply chain, electronic bills of lading, marine insurance and smart contracts.