Maritime and Legal & Regulation

Caution To Ship Repairers On WWLP

  • The U.S. Court of Appeals for the Fifth Circuit recently reminded the legal community about an important aspect.
  • It reminded that liability for breach of the implied warranty of workmanlike performance (WWLP) is strict, and damages can end up being much more than anticipated.

A recent news article published in the Holland & Knight by Maria Camila Gil reveals that Ship Repairers Need to Be Wary of Warranty of Workmanlike Performance.

Contracts of ship repairers

Contracts of ship repairers fall...

https://mfame.guru/caution-to-ship-repairers-on-wwlp/

22 Years of Imprisonment For Moving Meth Into U.S Aboard Cargo Ships To A Rex Woman

U.S. District Judge Steven D. Merryday sentenced Yolanda Herrera (43, Rex, GA) to 22 years in federal prison for conspiracy to distribute methamphetamine and heroin, and attempted possession with the intent to distribute methamphetamine and heroin, says an article published in Shore News Network.

The Crime

According to court documents, between October 24, 2018, and March 18, 2019, Herrera organized and coordinated the shipment of numerous containers of methamphetamine and heroin aboard the cargo...

https://mfame.guru/22-years-of-imprisonment-for-moving-meth-into-u-s-aboard-cargo-ships-to-a-rex-woman/

Measures To Banish Stocks That Do Not Comply With Audit Rules

Lawmakers next week are likely to force Chinese companies with shares traded on American exchanges to finally comply with audit-oversight rules — or leave U.S. markets altogether, reports Morningstar.

Vote underway

House leaders plan to consider a measure on Wednesday that would force Chinese firms such as Alibaba Group Holding Ltd. either to make the transition to getting an annual audit that is reviewed by U.S. regulators or remove the shares from trading in the U.S.

The House plans to vote...

https://mfame.guru/measures-to-banish-stocks-that-do-not-comply-with-audit-rules/

SCI Owned Bulk Carrier Arrested In South Africa

According to an article published in ET A vessel owned by the Shipping Corporation of India has been arrested in South Africa on the orders of a Durban court in connection with a commercial dispute involving the operator and one of its creditors.

The ship, Vishva Anand, sails under the Indian flag and is an eight-year-old bulk carrier used by SCI to transport commodities such as coal and grain.

Comments of Experts

Industry experts described the arrest as ‘unusual’ and noted that large shipping...

https://mfame.guru/sci-owned-bulk-carrier-arrested-in-south-africa/