Wednesday, November 26, 2008

MarEx Newsletter - November 26, 2008

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November 26th, 2008 Vol. 6, No. 48
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Piracy off the Coast of Somalia: No Easy Answers

Piracy off the Coast of Somalia: No Easy Answers

The maritime version of Iraq & Afghanistan.

It was only a matter of time; you just knew it. Overstating the obvious, IMO Secretary-General Efthimios E. Mitropoulos last week called for a coordinated and cohesive response, both internationally and nationally, to combat the scourge of piracy off the ...

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Happy Thanksgiving From THE MARITIME EXECUTIVE

Happy Thanksgiving From THE MARITIME EXECUTIVE

MarEx wishes each and every one of our readers, advertisers and friends a happy turkey day.

On behalf of the staff of The Maritime Executive, I wanted to take this opportunity to wish all of our loyal readers, advertisers and yes -- our editorial subjects, too -- ...

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MarEx Mailbag: Reader Response to Last Week's E-newsletter

MarEx Mailbag: Reader Response to Last Week's E-newsletter

MarEx readers weigh in on last week's lead editorial and an article addressing the scourge of modern day pirates.

In last week's edition of the MarEx e-newsletter, our lead editorial focused on the impact of oil price volatility on the maritime industry. Inspired, partly, from a joint ...

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MarEx December Print Edition Set to Hit the Street!

MarEx December Print Edition Set to Hit the Street!

Spot On! MarEx targets the offshore, workboat and oil & gas sectors – with much, much more…

The latest edition of THE MARITIME EXECUTIVE is in distribution. Look for your copy soon! Regular MarEx print readers will get all of our usual features, such as Larry Kiern's ...

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US Court of Appeals: Michigan Ballast Water Statute is Valid

US Court of Appeals: Michigan Ballast Water Statute is Valid

Permit requirement of MI ballast water statute is not pre-empted by federal law or does not violate the United States Constitution.

The balkanized approach to regulating ballast water discharges in U.S. waters will continue, so says the US Court of Appeals for the Sixth Circuit, which upheld ...

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Featured MarEx Print Article: Ballast Water Management

Featured MarEx Print Article: Ballast Water Management

Taken from our September 2007 edition, Managing Editor Joseph Keefe takes a look at the ballast water management situation and industry efforts to step up and solve the problem of invasive species.

This week's featured archive MarEx print article is taken from our September 2007 edition, which ...

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Cost Estimating & Managing Shipyard Production

Cost Estimating & Managing Shipyard Production

SPAR Newsletter details benefits from extended application of modularized ship components and other new cost estimating features for cost models for both new construction and ship repair.

SPAR's Scuttlebutt newsletter (click HERE to view the newsletter) describes cost and schedule benefits from extended application of modularized ...

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Lloyd's Register Classification News: Two Key Statutory Alerts (Nos. 29 & 30)

Lloyd's Register Classification News: Two Key Statutory Alerts (Nos. 29 & 30)

Classification News delivers up-to-date information on issues requiring urgent and immediate dissemination to the marine industry; in this case, United States Vessel Discharge Permits and Counterfeit emergency escape breathing devices.

United States Vessel Discharge Permits

With effect from December 19, 2008, discharges which ...

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Harley Taps EBDG to Design Series of Oil Barges

Harley Taps EBDG to Design Series of Oil Barges

Elliott Bay Design Group LLC (EBDG) recently announced that it has been awarded multiple contracts to design oil barges ranging in size from 31,500 to 83,000-barrel capacity for Harley Marine Services (HMS) of Seattle, WA.

The series of projects began in January 2007 with the contract to ...

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Freight Operations – Seven Paths to a Working Capital Goldmine

Freight Operations – Seven Paths to a Working Capital Goldmine

New report from J.P. Morgan, authored by Bernie Hart, examines the valuable role visibility and data quality play within the realm of global freight transportation processes. It outlines seven ways an organization can mine global freight spend and improve cross-functional business decisions.

Effective management of freight services ...

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NAVSAC to Meet in Washington, DC on 10 December 2008

NAVSAC to Meet in Washington, DC on 10 December 2008

SUMMARY: The Navigation Safety Advisory Council (NAVSAC) will meet in Washington, DC, to discuss various issues relating to the safety of navigation. The meeting will be open to the public.

DATES: NAVSAC will meet on Wednesday, December 10, 2008, from 8 a.m. to 5 p.m. and Thursday, ...

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Seventh Annual Shipping Industry Tripartite Meeting in Beijing

International trialogue between ship owners, shipbuilders and classification societies focuses on proactive steps to improve the design, construction and operability of ships to benefit the environment, the safety of ships and seafarers, and the quality of life at sea. Topics high on the agenda include practical measures to reduce Green ...

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6th Annual Marine Money Istanbul Ship Finance Forum set for April 30th 2009

6th Annual Marine Money Istanbul Ship Finance Forum set for April 30th 2009

As Marine Money follows the turbulent behaviour of the financial and shipping markets with great attention, they also announce, together with anchor sponsor Geden Lines, the Finance forum will take place at the Swissotel - The Bosphorus, Istanbul.

Turkey has seen five years of expansion in shipping ...

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Maritime Administration Announces Model Maritime High School Curriculum

Maritime Administration Announces Model Maritime High School Curriculum

Program continues effort to identify and train next generation of maritime workforce.

Maritime Administrator Sean T. Connaughton today announced a new maritime high school curriculum that will help prepare the next generation of high school graduates for the tens of thousands of maritime jobs that will be ...

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Coast Guard Operation Focusing on Towing Vessel Safety in New England

Coast Guard Operation Focusing on Towing Vessel Safety in New England

BOSTON - Coast Guard personnel throughout New England recently launched an operation to ensure that commercial tugs are following rules, regulations and licensing procedures.

The intent of the operation, dubbed Big Tow, is to identify areas of Uninspected Towing Vessel concentrations and examine the vessels to verify ...

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Maritime Groups Appeal for Blockade and Naval Action in the Gulf of Aden

Maritime Groups Appeal for Blockade and Naval Action in the Gulf of Aden

Pirates having serious effect on maritime commerce.

Fears that the surge of pirate attacks off the coast of Somalia will have a serious effect on world trade maritime groups are urging the United Nations to take immediate action.

At a maritime safety conference on ...

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No News May be Good News for Shipping in UK Pre-Budget Report

No News May be Good News for Shipping in UK Pre-Budget Report

LEADING shipping accountant Moore Stephens says the fact that the pre-budget report issued by the UK government on November 24 does not include any measures which significantly affect the shipping sector could be regarded as good news for the industry.

Although the government has been asked to ...

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The International Association of Independent Tanker Owners Weighs in on Piracy

The International Association of Independent Tanker Owners Weighs in on Piracy

INTERTANKO: Somalia piracy options include security cordon.

As the current scourge of piracy off Somalia's coasts escalates dramatically since the Sirius Star was hijacked in the Indian Ocean, we have already:

• called on governments to provide naval and other military support (such as ...

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U.S. Oil Tanker Firm Pays Additional $3 Million for Pollution Penalty in Eastern District of Texas

U.S. Oil Tanker Firm Pays Additional $3 Million for Pollution Penalty in Eastern District of Texas

DOJ: $37 million penalty is the largest-ever involving deliberate vessel pollution and was announced on Dec. 19, 2006 in Boston.

BEAUMONT, TX (24 November 2008): Overseas Shipholding Group Inc. (OSG) pleaded guilty and was sentenced today in federal court in Beaumont, Texas. As part of the sentencing, ...

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