Thursday, November 20, 2008

MarEx Newsletter - November 20, 2008

Send this Newsletter to a friend
Click here for corporate news and press releasesClick here to subscribe to the magazine now
November 20th, 2008 Vol. 6, No. 47
Click here for corporate news and press release

Hot New Job Postings from FastStrem!







The Impact of Oil Price Volatility on the Maritime Industry: A double-edged sword

The Impact of Oil Price Volatility on the Maritime Industry: A double-edged sword

Falling bunker prices are only part of the big-picture equation.

I had the good fortune to be in Washington, DC last week on business and was able to time my schedule so as to attend a joint Kings Point / Propeller Club function in Arlington. The luncheon ...

Read More>>>Back to Top

Featured MarEx Print Article: CMES – Online, Long distance and Leading the Way

Featured MarEx Print Article: CMES – Online, Long distance and Leading the Way

Taken from our August 2008 print edition, Managing Editor Joseph Keefe vets and evaluates the first U.S. Coast Guard-approved long distance learning STCW course.

It shouldn't be surprising that an internationally certified (DNV) Maritime Simulator and Training Center is the recognized leader in distance learning for professional ...

Read More>>>Back to Top

Are Guns the Answer to Attacks on Vessels?

Are Guns the Answer to Attacks on Vessels?

Stuart Flynn, vice president business development at global maritime security service provider, Securewest International, weighs in on the all-important question of how to best combat piracy and further protect vulnerable commercial maritime assets.

* * *

Not only is piracy at an all time high but, during recent ...

Read More>>>Back to Top

Pirates Seize Seven Ships in 12 Days

Pirates Seize Seven Ships in 12 Days

The prize: A Saudi supertanker with 2 million barrels of crude oil.

The 1,080-foot supertanker, MV SIRIUS STAR, owned by Dubai-based Vela International Marine Ltd., was hijacked approximately 450 nautical miles off the Kenyan coast. Warships will not be diverted from the Gulf of Aden, say spokespersons ...

Read More>>>Back to Top

Navigating the New Medical Standards

Navigating the New Medical Standards

REC veteran Andy Hammond weighs in and cautions mariners to provide sufficient documentation that their medical condition is being treated properly AND that they could perform the normal duties of the license held or applied for.

When the Staten Island Ferry crashed into the dock in October ...

Read More>>>Back to Top

"To the Shores of Tripoli" – U.S. Deals with Pirates

"Millions for defense, but not a cent for tribute!" The U.S. refuses to pay ransoms and tributes to pirates.

For centuries the four Barbary States of North Africa-- Morocco, Algiers, Tunis, and Tripoli—had plundered commercial shipping. The European powers with great fleets and powerful navies paid tributes ...

Read More>>>Back to Top

WA Department of Ecology: Trident Seafoods Penalized for Second Bowfin Fuel Spill

WA Department of Ecology: Trident Seafoods Penalized for Second Bowfin Fuel Spill

OLYMPIA – The Washington Department of Ecology (Ecology) has fined Seattle-based Trident Seafoods $30,500 for an oil spill in December 2007 that sent almost 500 gallons of fuel into the Hylebos Waterway in Commencement Bay.

The spill happened while the company's tender vessel Bowfin was tied up ...

Read More>>>Back to Top

GO TO SEA!: IMO Launches Campaign to Encourage Entrants to Shipping Industry

GO TO SEA!: IMO Launches Campaign to Encourage Entrants to Shipping Industry

IMO, collaborating with many other interested parties, has launched Go to Sea! – a campaign to attract entrants to the shipping industry. (11/14/08).

According to the International Maritime Association (IMO), even though the global implementation of the STCW Convention can ensure that seafarers are properly educated and ...

Read More>>>Back to Top

U.S. Coast Guard Issues ALCOAST 568/08

U.S. Coast Guard Issues ALCOAST 568/08

Rear Admiral James A. Watson, U.S. Coast Guard Director, Prevention Policy, updates Coast Guard's marine safety personnel plans for 2009, which includes among other things, a nationwide civilian hiring drive.

The Coast Guard's ALCOAST also includes an effort to recruit experienced mariners from all portions of the ...

Read More>>>Back to Top

California Executive Agrees to Plead Guilty to Bid Rigging on Contracts with the U.S. Navy and Others

California Executive Agrees to Plead Guilty to Bid Rigging on Contracts with the U.S. Navy and Others

WASHINGTON (November 17 2008): The former president of a California marine products company has agreed to plead guilty for his role in a conspiracy to rig bids and allocate customers with respect to marine products purchased by the U.S. Navy, the U.S. Coast Guard and other public and private entities, ...

Read More>>>Back to Top

GAO Issued Important Maritime Security Report in Late 2007

GAO reminds maritime security colleagues that a possibly overlooked but nevertheless valuable guide to preventing and responding to terrorist attacks on energy commodity tankers is still available.

Given the recent events in the Gulf of Aden -- specifically the recent incident where Somali pirates have hijacked a ...

Read More>>>Back to Top

Maritime Administration Releases Technical Report on the Impact of High Oil Prices on Freight Transportation

Maritime Administration Releases Technical Report on the Impact of High Oil Prices on Freight Transportation

October 2008 report focuses on both the national impact as well as the impact in five critical corridor markets which include over 95 percent of the US population and an even higher share of its total production and consumption.


MARAD Assessment: on Modal Shifts: ...

Read More>>>Back to Top

SEAWAY NOTICE NO. 8 – 2008: Closing of the 2008 Navigation Season

SEAWAY NOTICE NO. 8 – 2008: Closing of the 2008 Navigation Season

Mariners are reminded that there is always a possibility that severe climatic conditions may occur during the closing period. Should this happen, there is a chance that the dates outlined below, for the Montreal-Lake Ontario Section or the Welland Canal, may not be met.

Closing Dates

Read More>>>Back to Top

Maritime Administration, American Bureau of Shipping Sign Research Agreement

Maritime Administration, American Bureau of Shipping Sign Research Agreement

NEW YORK (November 17, 2008): Maritime Administrator Sean T. Connaughton and Robert D. Somerville, Chairman and CEO of the American Bureau of Shipping, have signed a Memorandum of Understanding to coordinate research efforts on major marine transportation environmental issues and to share information to promote the development of a vital ...

Read More>>>Back to Top

U.S. Coast Guard Issues Two Safety Alerts

U.S. Coast Guard Issues Two Safety Alerts

Assistant Commandant for Marine Safety, Security and Stewardship issues MARINE SAFETY ALERTS 12-08 (Watertight Doors) and 11-08 (Fishing Vessel Stability).

12-08 (WATERTIGHT DOORS)

This Safety Alert addresses the importance of properly maintaining and closing watertight doors. Unfortunately, marine casualties, often resulting in loss ...

Read More>>>Back to Top

Shipping Confidence Levels Dive as Rates Look Set to Continue Downward Trend

Shipping Confidence Levels Dive as Rates Look Set to Continue Downward Trend

The latest Shipping Confidence Survey by Moore Stephens has revealed a significant drop in overall confidence levels in the market, and an increased expectation that rates in the tanker, dry bulk and container ship sectors will fall in the next twelve months.

19 November 2008: On a ...

Read More>>>Back to Top

Liberty Shipping Sends Letter to International Shipholding

Intends To Nominate an Alternative Slate of Directors at ISH's Next Annual Meeting

LAKE SUCCESS, NY: Liberty Shipping Group LLC today sent the following letter to the Special Committee of the Board of Directors of International Shipholding Corporation (NYSE: ISH), announcing that it intends to nominate a ...

Read More>>>Back to Top

INTERTANKO launches Version 3 of its Questionnaire 88

INTERTANKO launches Version 3 of its Questionnaire 88

Updated version of its landmark Questionnaire 88, the industry standard for ship assessment by charterers, brokers, agents, suppliers, is launched.

On the 20th anniversary of the publication of the Questionnaire 88 (Q88), INTERTANKO has revised its industry standard questionnaire. In February this year, INTERTANKO's Vetting Committee revived ...

Read More>>>Back to Top


EMAIL UNSUBSCRIBE

Copyright © 2008 The Maritime Executive.
3200 S. Andrews Avenue, Suite 100
Fort Lauderdale, FL 33316




No comments: