Thursday, July 9, 2009

MarEx eNewsletter - July 9, 2009

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July 9th, 2009 Vol. 7, No. 27
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Lining up the Gas: Steaming in the Wrong Direction

Lining up the Gas: Steaming in the Wrong Direction

As domestic enthusiasm for a Trans-Canada gas pipeline from Alaska gathers steam, the RADAR warns of disaster on a constant bearing with rapidly decreasing range. But is anyone still on watch?

Finally, it looks like billions of cubic feet of stranded gas may be on the way ...

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GAO: Coast Guard to Face Additional Problems with Deepwater

GAO: Coast Guard to Face Additional Problems with Deepwater

July 7 GAO testimony says that cost of Deepwater asset replacement is expected to grow by $2.1 billion, to $26.3 billion, and may be more than that.

Why GAO Did This Study

The U.S. Coast Guard, a component of the Department of Homeland ...

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Shortsea Shipping Gathering Momentum: Here & in Europe

Shortsea Shipping Gathering Momentum: Here & in Europe

U.S. proposed legislation and EU discussions shedding new light and hope on shortsea possibilities as a way to both reinvigorate economy and help improve the condition of "overwhelmed" U.S. highways.

Lautenberg Introduces Maritime Administration Authorization Act of Fiscal Year 2010.

Today, the Senate ...

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Turkish Ship and Crew Hijacked by Somali Pirates

Turkish Ship and Crew Hijacked by Somali Pirates

Turkish ship with 23 crew has been hijacked by Somali pirates.

The M/V HORIZON-1, transporting sulfate from Saudi Arabia to Jordan was surrounded by speed boats and then boarded. The vessel was hijacked with its crew of 23, and is now being followed by Turkey's frigate TCG ...

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Korean Carriers Sell Ships to State

Korean Carriers Sell Ships to State

State-run fund Korea Asset Management Corporation is to take up to 62 ships from South Korean carriers for approximately$2.3 billion. Fund was set up in April to help cash flow for the industry. Under sale arrangements, companies will lease back the ships sold to the corporation.

The ...

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ASA to Sponsor "WRECKS OF THE WORLD: HIDDEN RISKS OF THE DEEP"

September 9th Conference will address 8,500+ world-wide shipwrecks that may contain up to 20 million tons of oil, other hazardous materials.

Washington, DC: The American Salvage Association (ASA), supported by the Association of Diving Contractors International (ADCI), International Salvage Union (ISU), Marine Technology Society (MTS), North American ...

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Mediation of GALTEX Pilot Rate Increase Apparently Will Not Happen

Mediation of GALTEX Pilot Rate Increase Apparently Will Not Happen

Offer reportedly not yet accepted by pilots; mediation before hearing date unlikely, says WGMA spokesman. Rate hearing set for July 16 & 17.

In a direct challenge to GALTEX Pilots and in an apparent effort to avoid the upcoming scheduled rate hearing on July 16th, the West ...

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A Chance to Get It Right: federal Clean Water Act requirements

A Chance to Get It Right: federal Clean Water Act requirements

Barry M. Hartman and Susan Geiger of K&L Gates LLP say that the maritime industry has an opportunity to help the agencies get it right the first time. Read on to see how.

Earlier this year, as a result of a lawsuit, the maritime industry had to ...

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Shipping Lines to Blame for Financial Crisis says Shippers' Voice

Shipping Lines to Blame for Financial Crisis says Shippers' Voice

Shipping lines have only themselves to blame, says Shippers' Voice.

Few shippers will have much sympathy for shipping lines' current financial situation since they invariably see this as "a result of the lines' mismanagement and arrogance towards their customers over many years - these are not my ...

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MITAGS to Host Environmental Regulations Update

MITAGS to Host Environmental Regulations Update

The course is designed in two one-day modules. The first day is an introduction to the environmental aspects of vessel operations and the basic structure of the marine international and federal regulatory environment. Module 2 consists of one day devoted specifically to the vessel general permit.

MITAGS ...

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Nigerian Militants Seize Tanker Crew

Spanish chemical tanker and some of the crew taken captives.

Nigeria's largest militant group has taken six members of the crew of the product tanker M/V SICHEM PEACE. Although the vessel was released under the command of the remainder of its crew, armed Nigerian militants continue to ...

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Protecting Ships Against Armed Pirates

Protecting Ships Against Armed Pirates

INTERTANKO sets out its piracy position

Merchant ship protection

How can pirate attacks and/or armed robberies on merchant ships be deterred, delayed or even prevented? How can merchant ships prepare before entering a high-risk area? And how to minimise the risk of being attacked? ...

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Saving Time and Money in Design, Manufacturing & Updating Marine Vessels

Saving Time and Money in Design, Manufacturing & Updating Marine Vessels

3D long-range laser scanning provides modern marine professionals an extremely versatile tool for precisely documenting, analyzing, and testing structures, electronics, engines and turbines, navigation systems, electrical systems, hull fluid dynamics, and even nuclear systems elements.

The underlying complexity of the marine world is enormous, entailing environmental concerns, ...

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Multraship Completes Successful Deep-Sea Recovery of Sunken Fishing Vessel

Multraship Completes Successful Deep-Sea Recovery of Sunken Fishing Vessel

NETHERLANDS-based towage and salvage specialist Multraship, working in close co-operation with Croatia-based diving specialist Hidroinžinjering, has successfully completed the deep-sea recovery of the fishing vessel Marinero 1, which sank in January 2009 off Komiža, Vis Island, Croatia.

The 31.75 m-long vessel sunk, as a result of circumstances ...

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Schat-Harding Sets World Record Freefall Drop Height

Schat-Harding Sets World Record Freefall Drop Height

Lifeboat and davit manufacturer Schat-Harding has set a world record for a lifeboat freefall drop by successfully launching its new FF1200 offshore lifeboat from a drop height of 55 metres.

Fully loaded and with an all up weight of 30 tonnes the FF1200 was dropped into the ...

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McQuilling Services, LLC Weighs in on the Suez Canal

McQuilling Services, LLC Weighs in on the Suez Canal

Marine Transport Advisors Weekly Note No. 16 continues last week's analysis of the global choke points.

This week's McQuilling entry marks their second note in a series focused on the global choke points in marine transportation. In an economic market where ton-mile demand is weighed against vessel ...

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Commerce Committee Unanimously Approves Kerry Cruise Ship Safety Bill

Commerce Committee Unanimously Approves Kerry Cruise Ship Safety Bill

WASHINGTON, D.C. (July 8 2009): The U.S. Senate Committee on Commerce, Science and Transportation today passed a bill authored by Senator John Kerry (D-Mass.) to increase security, law enforcement, and accountability on cruise ships in international waters.

The Cruise Vessel Security and Safety Act of 2009 was ...

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Shipping Ponders Changes to Accounting Treatment of Leased Assets and Liabilities

Shipping Ponders Changes to Accounting Treatment of Leased Assets and Liabilities

International accountant and shipping consultant Moore Stephens reminds shipping industry that it has until July 17 this year to respond to an International Accounting Standards Board (IASB) discussion paper on the accounting treatment of leases.

Richard Greiner, a partner with the Moore Stephens shipping group, says, "Although ...

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Maritime Administration to Recycle Three More Ships

Maritime Administration to Recycle Three More Ships

Two to depart from James River, One from Beaumont.

The U.S. Department of Transportation's Maritime Administration has awarded contracts to Esco Marine, Inc., of Brownsville, Texas to recycle three ships. The fee-for-service contracts are worth a total of more than a million dollars.

Esco ...

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Military Sealift Command Looking for Ferry Vessel(s)

Military Sealift Command Looking for Ferry Vessel(s)

MarEx is wondering if they know that the Hawaii Superferry is available?

This week, the Passenger Vessel Association notified its members that the U.S. Navy's Military Sealift Command (MSC) has issued a Market Survey to ask about the cost and availability of U.S. ferry vessels. Anticipated delivery ...

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U.S. Department of Transportation Awards $17.1 Million in Shipyard Grants

U.S. Department of Transportation Awards $17.1 Million in Shipyard Grants

The U.S. Department of Transportation's Maritime Administration today announced $17.1 million in grants to 14 small shipyards in 10 states. The grants are part of the Assistance to Small Shipyards program.

"Small shipyards are vitally important for the health of the maritime industry, and for the nation's ...

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The Marine Industry and Liquefied Natural Gas (LNG)

The Marine Industry and Liquefied Natural Gas (LNG)

Tom Guldner, President - Marine Firefighting Inc., discusses state-of-the-art firefighting equipment installed on the new tugs used to escort LNG ships and the training that tug crews must receive training to familiarize them with the safe use of that equipment and also with the properties of the LNG product they ...

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