BLT gets restructuring extension from Singapore courts

  Singapore’s High Court has given more time for debt-ridden Berlian Laju Tanker (BLT) to continue its restructuring plan. The High Court of Singapore has granted an extension of the section 210 filing until 10 January 2013, thereby continuing the protection of BLT’s assets through that time, according to John D. Noonan, ceo of BLT…

Italy court sentences eight Somali pirates: report

  An Italian court sentenced eight Somali pirates to between 16 and 19 years in prison for attempting to hijack an Italian-flagged cargo ship in 2011 after one of Europe’s biggest piracy trials. The crew of the Montecristo locked themselves in the engine room after their ship was boarded by gun-toting pirates off the coast…

Weapons stolen from Australian navy vessel

  Sydney (ANTARA News/AFP) – An intruder robbed an Australian navy vessel of a cache of weapons Friday after overpowering military personnel on guard, the defence department said, in a major security breach. The Australian Department of Defence said the infiltrator “overwhelmed a duty member onboard a patrol boat” which was moored at HMAS Coonawarra,…

Chinese Border Authorities to Board Ships in Disputed Waters

  Chinese border police will soon board and search foreign vessels that entered what Beijing considers its territorial waters in the disputed South China Sea. According to state media police, authorities will check, seize, and expel foreign ships that enter the waters illegally. Some illegal activities include entering the province’s waters without authorization and engaging…