Firms in Fed’s Beige Book Fret Over Any Lengthy Baltimore Port Closure
(Bloomberg) — The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis Scott Key Bridge has so far not led to broad price increases,...
Maritime New Zealand (MNZ) has officially charged Greece-based Daina Shipping for the the “discharge of harmful substances from ships” in the coastal marine area, following the grounding of containership MV Rena on Astrolabe Reef on 5 October.
Daina Shipping Co is the registered owner of Rena, and has overall responsibility for the operation of the ship. This charge carries a maximum fine of NZ$600,000 and $10,000 for every day the offending continues.
The charge has been laid in the Tauranga District Court and is expected to have its first call on 25 May.
The prosecution follows the 29 February guilty pleas by the Master and Second Officer of Rena to charges laid by MNZ last year. The two men are scheduled to be sentenced in the Tauranga District Court on 25 May.
No further charges will be laid by MNZ in relation to the grounding.
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