ENVIRONMENTAL REGULATION
Shipping industry fights back on over-zealous eco-regulations
Major shipping companies complain they are legislative guinea-pigs unfairly targeted for over-zealous eco-regulations.
Shipping/aviation
WHISTLEBLOWING
Inchcape Shipping Services to pay $20 million in whistleblower case
Inchcape Shipping Services and subsidiaries have agreed to pay $20 million to resolve allegations they knowingly overbilled the US Navy.
CORRUPTION
SEC charges Panasonic $143 million for FCPA and fraud violations
The SEC has handed Japan-based Panasonic Corp a demand of $143 million for charges including bribery and cooking the books.
SHIPPING
IMO adopts plan to halve shipping GHG emissions by 2050
The International Maritime Organisation (IMO) compromise aims to cut GHG emissions by half.