Publication
Transport, Trade and Logistics Update
A new form of security following the declaration of general average (GA) has the market wondering if a real change has occurred.
United States | Publication | January 2022
On January 16, federal OSHA announced new maximum citation penalties based on inflationary adjustments. States with a federally-approved plan must adopt at least these levels.
The new penalties may be assessed immediately.
Type of violation | Penalty |
Serious other-than-serious posting requirements | US$14,502 per violation |
Failure to abate | US$14,502 per day beyond the abatement date |
Willful or repeated | US$145,027 per violation |
Publication
A new form of security following the declaration of general average (GA) has the market wondering if a real change has occurred.
Publication
There is much talk currently about South Africa standing at a political cross-roads, in relation to its ability to make the newly formed Government of National Unity work (and to unlock the legion economic and social benefits that would flow from making it work).
Publication
The Lloyd’s Open Form has been the maritime industry’s preferred form of agreement for salvage for over a hundred years. In response to industry concerns and the declining number of LOF contracts being concluded each year, an update to the Form was published in June this year.
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