A Chilean car shipping company was referred to the Competition Tribunal of South Africa for prosecution for collusive tendering, price fixing and market division. Compania Sud Americana De Vapores S.A (CSAV) has allegedly breached the Competition Act in respect of tenders issued by Ford Motor Company, according to a statement issued by the Competition Commission South Africa.
A federal grand jury in Wilmington, Delaware, returned a six-count indictment on April 23, charging Chartworld Shipping Corporation, Nederland Shipping Corporation, and Chief Engineer Vasileios Mazarakis with failing to keep accurate pollution control records, falsifying records, obstruction of justice, and witness tampering, the Justice Department announced.
A court in Mississippi issued an arrest warrant for the heavy lift ship ‘Hawk’ that was involved in an allision and damage of a newbuild US warship at Ingalls Shipbuilding in Pascagoula, in late March. On 29 March, Hawk was arriving from Qingdao with a new floating drydock onboard.
According to the US Department of Justice, d’Amico, Italian shipping company, is called to pay $4 million for Concealment of pollution from one of its vessels. In the meantime, the shipping company will be placed on probation for four years after violating the Act to Prevent Pollution from Ships in the US.
Italy’s PB Tankers commented on OFAC’s decision to blacklist nine ships and four companies for breaching Venezuelan sanctions. The company stated that it’s shocked and concerned in OFAC’s action, in adding the company and a number of the company’s vessels to the current sanctions list in relation to trade with Venezuela. The company said in a release yesterday it will be taking immediate steps to ensure that it is delisted as a matter of urgency.
The US announced that it has designated a further nine vessels and four owning companies for involvement in the carriage of petroleum cargoes from Venezuela to Cuba. These sanctions cone a few days after the US blacklisted two shipping firms and their vessel for allegedly transporting oil from Venezuela to Cuba.
The Maritime and Port Authority of Singapore has published Port Marine Circular (PMC) No. 06 of 2019 to inform ship masters, owners, and agents of vessels of the Maritime and Port Authority of Singapore (Port Limits – Suspension) Notification 2019 that came into operation on 08 April 2019 at 0001hours.
Steamship Mutual issued an advisory note on Wednesday, April 10, warning that US Treasury’s decision on blacklisting a Greek tanker demonstrates the agency’s willingness to interpret sanctions on Venezuela broadly, beyond the literal text of its rules – with potential implications for foreign tanker operators and oil traders.
Four former leaders of the state-owned Vietnam Shipbuilding Industry Group (Vinashin), now the Shipbuilding Industry Corporation (SBIC), have been charged with abusing position and power to appropriate assets. Accused of violations is former Chairman of the Board of Directors of the Ocean Commercial Joint Stock Bank (OceanBank) Ha Van Tham and his accomplices.
The US Department of Treasury proceeded to black listing two shipping firms and many vessels, including one Greek tanker, in light of the US sanctions on Venezuela. The two blacklisted companies are Ballito Bay Shipping and ‘ProPer In Management Inc.’ of Athens, both sharing the same address in Piraeus.
