Search Results for: International law

BY PHILIP FINE

A NEW American law that shields insurance companies from large-sale terrorist attacks could spark some courtroom battles for ship-owners, as it offers little legal certainty for maritime cover, specialists have claimed.

For the next three years, the Terrorism Insurance Act of 2002 will require the US federal government to cover potential damages for up to US$90 billion (GBPounds 57 billion) annually.…

BY KEITH NUTHALL
THE INTERNATIONAL Maritime Organisation will next week (9-13 Dec) stage a Diplomatic Conference that should agree a new International Code for the Security of Ships and Port Facilities. This is to be attached as an annexe to this United Nations (UN) agency’s International Convention for the Safety of Life at Sea (SOLAS), and should come into force by next June, assuming there are no significant objections from any of the 146 IMO member countries which have already accepted SOLAS.…

BY KEITH NUTHALL and ALAN OSBORN
THE NEW International Code for the Security of Ships and Port Facilities, agreed by an International Maritime Organisation (IMO) Diplomatic Conference, held in London, aims at reducing the industry’s exposure to terrorist attacks and resulting damage.…

BY KEITH NUTHALL
TOO many cooks spoil the broth. Or do they? As far as the world’s fight against money laundering is concerned, the World Bank and the International Monetary Fund think that they can bring extra flavour to the struggle waged by the OECD’s Financial Action Task Force (FATF).…

BY KEITH NUTHALL
THE NEW International Code for the Security of Ships and Port Facilities, agreed by an International Maritime Organisation (IMO) Diplomatic Conference, held in London, last month (Dec) aims at reducing the industry’s exposure to terrorist attacks and resulting damage.…

BY KEITH NUTHALL
THE REPUBLIC of the Congo (Brazzaville) has launched a case at the International Court of Justice, in the Hague, which is trying to undermine the principle of extra-territoriality under which activist magistrates, for instance in Belgium and Spain, have been seeking to prosecute crimes committed abroad.…

BY KEITH NUTHALL
THE INTERNATIONAL Chamber of Commerce has warned investors to beware of a new twist on the Nigerian 419 Advance Fee Fraud after a number of fictitious banking websites were discovered to be falsely aligning themselves with legitimate offshore financial institutions.…

BY KEITH NUTHALL
THE EUROPEAN Union Council of Ministers has approved the writing into European law of the international Kimberly Process on certifying the origin of diamonds. Its aim is to prevent the sale of so-called blood diamonds, which are tainted by being trafficked from mines in African civil war areas.…

BY MARK ROWE
WARS are usually fought over coveted resources, such as oil, diamonds or fertile land. Now water, the most indispensable of mankind’s needs, is seen as the resource which may spark the armed conflicts of the 21st century.

Indeed, United Nations (UN) cultural and scientific organisation UNESCO is stepping up efforts to calm tension in some of the world’s most water-stressed areas.…

Keith Nuthall
THE EUROPEAN Investment Bank (EIB) has unveiled plans to lend the Polish Airports State Enterprise, (Przedsiebiorstwo Panstwowe Porty Lotnicze) Euro 200 million to construct a second terminal at Warsaw International Airport, Poland. The project should enable the airport to accommodate existing and rapidly rising demand for air transport in Poland, and, said an EIB note “contribute to Poland’s integration into the EU, and to strengthening transport links between the EU and Poland.”…