MarEx eNewsletter - April 22, 2010

Please Click Here if you are unable to view the newsletter April 22nd, 2010 Vol. 8, No. 24 Obama's Outer Continental Shelf Strategy Moves Forward Can this nation afford years of debate on whether to open the OCS and Alaskan frontier to oil and gas development? OP-ED by Tony Munoz, Editor-in-Chief, Maritime Executive Magazine We have for too long ignored the dangers of overdependence on foreign oil and ... Read More>>>Back to Top First Quarter Earnings: What to Expect How will shipping companies perform in a reporting season full of high expectations? By Jack O'Connell Earnings season is in full swing and, as expected, the results so far are good. Last week it was UPS and Google and GE – all with impressive gains. This ... Read More>>>Back to Top Somali Pirates Far Beyond Their Shores To Hijack Vessels Captain Pottengal Mukundan of International Maritime Bureau Reports on Piracy Somali pirates were responsible for 35 of the 67 piracy incidents reported worldwide during the first quarter of the year, said a report by the ICC International Maritime Bureau (IMB). The number of incidents ... Read More>>>Back to Top Rig Blast in US Gulf of Mexico Coast Guard calls it a catastrophic event as seven are critically injured and 11 workers are missing. Coast Guard reported that of the 126 workers on the Transocean "DEEPWATER HORIZON" 115 workers are accounted for and 17 were transported by air for medical treatment from the rig. ... Read More>>>Back to Top Somali Pirates Hijacked FOURTH Vessel This Week A Liberian-owned Panamanian-flagged bulk ship transiting from Oman to the Suez was hijacked by four pirates wielding AK-47s and a rocket-propelled grenade launcher. The VOC DAISY with a crew of 21 was taken about 300km (200 miles) outside the international corridor where warships escort most merchant ... Read More>>>Back to Top MMS Starts Public Hearings on OCS Plan The US Minerals Management Service (MMS) has already started its public meetings; Houston April 20th; Jacksonville April 21st; Savannah April 27th; Charleston April 27th; Wilmington April 29th and Norfolk April 29th. The MMS has also planned meetings in Kaktovik, Nuiqsut, Barrow, and Anchorage. Others include New Orleans, ... Read More>>>Back to Top Solstad Offshore converted by Gibdock Solstad Offshore is redeploying two platform supply vessels as potable water and fuel oil carriers to service Brazil's offshore rig market for Petrobras, after completion of a major conversion project at Gibdock. The four week project saw the 2006-built Normand Trym (3,326 dwt) in drydock and the ... Read More>>>Back to Top LNG Terminal Operator Course at MITAGS MITAGS is now offering an LNG Terminal Operator Course from April 26-30, 2010 The course is intended to familiarize LNG terminal personnel with liquefied gas tanker safety and cargo operations. Terminal equipment such as pumps, hard arms, gas compressors, vaporizers, heat exchangers, and shore storage tanks will ... Read More>>>Back to Top Click Here to Unsubscribe Copyright © 2010 The Maritime Executive. 3200 S. Andrews Avenue, Suite 100 Fort Lauderdale, FL 33316