Thursday, November 1, 2007

MarEx Newsletter - November 1, 2007

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November 1, 2007 | Vol. 5, No. 44
Click here for corporate news and press release

In this issue:

Crossroads: A Tale of Two Coast Guards

Hijacking Incidents Increase Near Somalia

Hawaii Superferry Back on Course

Africa Command Gives High Priority to Maritime Security

Federal Lawsuit Filed in California Over Suisan Bay Reserve Fleet

MSC Napoli Update

Mariners Weigh In Again: "Neglect of Mariners" Op-Ed Draws Reaction

The European Community is Competent to Oblige the Member States to Provide for Common Criminal Penalties in Order to Combat Ship-Source Pollution

National Waterways Foundation Elects New Officers and Trustees

Industry Led Marine Environment Initiative Launched At World Maritime Day Observance In New York

Marine Money Conferences: Ship Finance Opportunities

TECO Energy Announces Agreement to Sell TECO Transport Corporation

"Greenpeace Launches Non-Lethal Whale Study and Criticizes Japan's Methods" Correction

Navy Task Group to Join Other Navies for Warfare Exercise

First LNG Shipment From Snøhvit

Crossroads: A Tale of Two Coast Guards

Crossroads: A Tale of Two Coast Guards

U.S. Coast Guard Begins Transition of Mariner Documentation to NMC in West Virginia.

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Hijacking Incidents Increase Near Somalia

Hijacking Incidents Increase Near Somalia

Thirteen reported hijackings have occurred near Somalia so far this year -- almost three times the total number of hijackings reported in the same area for all of 2006.

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Hawaii Superferry Back on Course

Hawaii Superferry Back on Course

State legislature bails out Hawaii's new inter-island ferry.

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Africa Command Gives High Priority to Maritime Security

Africa Command Gives High Priority to Maritime Security

Pentagon official discusses AFRICOM with bloggers, electronic journalists.

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Federal Lawsuit Filed in California Over Suisan Bay Reserve Fleet

Federal Lawsuit Filed in California Over Suisan Bay Reserve Fleet

MARAD caught in the middle as it tries to dispose of the obsolete vessels while complying with both federal and state laws.

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MSC Napoli Update

MSC Napoli Update

The Maritime and Coastguard Agency recently explained how the stern of the MSC Napoli, which was rebeached on July 12 at Branscombe Bay, near Sidmouth, will be removed in two stages.

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Mariners Weigh In Again: "Neglect of Mariners" Op-Ed Draws Reaction

Marine employers get the word, firsthand from the professionals doing the work.

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The European Community is Competent to Oblige the Member States to Provide for Common Criminal Penalties in Order to Combat Ship-Source Pollution

The European Community is Competent to Oblige the Member States to Provide for Common Criminal Penalties in Order to Combat Ship-Source Pollution

The Court of Justice annuls the Council Framework Decision to strengthen the criminal-law framework for the enforcement of the law against ship-source pollution due to its adoption outside the Community legislative framework.

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National Waterways Foundation Elects New Officers and Trustees

National Waterways Foundation Elects New Officers and Trustees

Goal of the National Waterways Foundation is to serve and protect America's waterways system.

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Industry Led Marine Environment Initiative Launched At World Maritime Day Observance In New York

Industry Led Marine Environment Initiative Launched At World Maritime Day Observance In New York

IMO's Mitropoulos Heralds Formation of NAMEPA.

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Marine Money Conferences: Ship Finance Opportunities

Marine Money Conferences: Ship Finance Opportunities

Information on the conference in Miami on November 15 and the conference in Italy on November 27.

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TECO Energy Announces Agreement to Sell TECO Transport Corporation

TECO Energy Announces Agreement to Sell TECO Transport Corporation

The corporation will be sold to an investment group led by an affiliate of Greenstreet Equity Partners, L.P., for a purchase price of $405 million in cash, subject to working capital adjustment; net proceeds, taking into consideration estimated transaction-related costs, are expected to be approximately $370-380 million.

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"Greenpeace Launches Non-Lethal Whale Study and Criticizes Japan's Methods" Correction

A correction to the article that appeared in last week's newsletter.

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Navy Task Group to Join Other Navies for Warfare Exercise

Navy Task Group to Join Other Navies for Warfare Exercise

More than 1,100 sailors in five ships to join with United States and Chilean naval vessels for a large warfare exercise Oct. 29 to Nov. 14 off Southern California.

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First LNG Shipment From Snøhvit

First LNG Shipment From Snøhvit

The first tanker with a cargo of liquefied natural gas (LNG) from the Snøhvit field left port at Melkøya near Hammerfest, northern Norway, today, 20 October.

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