Global | Publication | July 2016
In order to ensure that the loading of cargo does not put a ship at unnecessary risk, the International Maritime Organisation (IMO) has adopted obligatory amendments to the Safety Of Life At Sea Convention’s (SOLAS) Guidelines on the Verified Gross Mass of a Container Carrying Cargo (the Guidelines). The Guidelines take effect on July 1, 2016.
Our infographic provides a summary of the amendments.
A link to the text of the SOLAS amendments and associated guidelines are provided for your reference
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The US Supreme Court has ruled that a “pure omission” under Item 303 of Securities and Exchange Commission Regulation S–K cannot give rise to a private action for securities fraud under Section 10(b) and Rule 10b-5(b) of the Securities Exchange Act of 1934.
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