MarEx Newsletter | A Crude Awakening in the Gulf, Shipyards Close

Please Click Here if you are unable to view the newsletter July 15th, 2010 Vol. 8, No. 50 A Crude Awaking In the Gulf OP-ED by Tony Munoz, Editor-in-Chief of the Maritime Executive Magazine and the MarEx Newsletter The BP oil spill has exposed the US's inability to cease oil production in the Gulf of Mexico even in the face of an unprecedented ecological disaster. Even as the crude soils the coastwise beaches, sensitive wetlands and destroys businesses, the offshore industries are demanding the administration end ... Read More>>>Back to Top Northrop Grumman to Shutdown 3 Louisiana Yards Northrop Grumman Corp., plans to close its Avondale, Louisiana shipyard early in 2013, along with two smaller yards at Tallulah and Waggaman as it consolidates its military work on the Mississippi Gulf Coast. 5,000 people are employed at the Avondale yard and will find themselves without a job after work is finished on two Navy amphibious assault ships. The last two ships ... Read More>>>Back to Top NASSCO Lays Off Nearly 300 Employees NASSCO-General Dynamics, the last major shipbuilder on the West Coast, laid off 290 of its 4,100 workers in San Diego on Monday because of a downturn in business and fluctuations in the repair work it does for the U.S. Navy. The company, which is among San Diego County's 20 largest employers, also eliminated the jobs of 270 subcontractors. The overall loss of ... Read More>>>Back to Top Maritime Accidents, Collisions & Casualties July 15, 2010 12 barges and fishing boats, sunk, run aground, 1 dead , several missing As typhoon Basyang hit Luzon waters off the west coast of Manila, at least 12 barges and fishing boats were sunk and run aground, killing a ship captain Tuesday night. Several fishermen were reported missing. The ship captain identified as Efren Ledesma died of hemorrhage after ... Read More>>>Back to Top J.F. Lehman Sells Ship Repair Unit for $325 Million J.F. Lehman & Company completed the sale of Atlantic Marine Holding Company to a subsidiary of BAE Systems, Inc. for an estimated $325 million. Atlantic Marine is a provider of vessel maintenance, repair, overhaul and conversion ("MROC") as well as marine fabrication services to government and commercial maritime customers. The company has operations in Mobile, AL, Jacksonville and Mayport, FL (pictured) and ... Read More>>>Back to Top Paris Celebrates Bastille Day Each year Paris celebrates Bastille Day with the Bastille Day Military Parade, held on the morning of July 14th since 1880. The parade passes down the Champs-Elysées from the Arc de Triomphe to Place de la Concorde where the President of the French Republic, his government and foreign ambassadors to France stand. This is a popular event in France, broadcast on French ... Read More>>>Back to Top Pirate Attacks Decline in First Half of 2010 While Somali pirates demonstrated increased range and capabilities, there has been a relative decline in pirate attacks worldwide for the first two quarters of 2010, according to a report issued Wednesday by the International Chamber of Commerce's International Maritime Bureau (IMB). A total of 196 incidents around the world were recorded by the IMB's 24 hour Piracy Reporting Center, compared to 240 incidents in 2009. ... Read More>>>Back to Top Seaway Oil Spill Cleanup Expected to Last a Week Oil collected along the Kahnawake shoreline yesterday (pictured). Cleanup of the first-ever oil spill in the St. Lawrence Seaway in Montreal has begun and is expected to last a week, Canada Steamship Lines officials announced. CSL, as the owner of the vessel which leaked the fuel, has committed to paying for the job. The cost of the operation is ... Read More>>>Back to Top Reflex Marine Celebrates 10th Anniversary of FROG Transfer Device Recognized expert in marine personnel transfer Reflex Marine is celebrating the 10th anniversary of its groundbreaking FROG crew transfer device, which has revolutionized marine personnel transfer in the energy industry. More than 450 FROGs are now used in all the world's major oil producing regions including Europe, the Middle East, West Africa, the Former Soviet Union and the Gulf of Mexico. The ... Read More>>>Back to Top Roberto Martinoli to Leave NCL Current President and COO of Norweigan Cruise Lines, Roberto Martinoli will move into a consulting capacity effective August 1. In his new capacity, he will continue to oversee the company's newbuild program and will assist in other areas as necessary. For personal reasons, Martinoli has accepted a position as CEO of a ferry company Grandi Navi Veloci in his hometown of Genoa, Italy where his ... Read More>>>Back to Top Deepwater Horizon Update July 15, 2010 Leak containment cap has its own leak Well integrity test preparations paused pending repair of choke line leak. In preparation for commencement of the well integrity test, the middle ram of the capping stack has been closed and a leak has been detected in the choke line of the 3 ram stack. It has been isolated and will be repaired prior to starting the ... Read More>>>Back to Top KV Bergen Nominated for Ship of the Year 2010 KV Bergen is already one of the the world's most environmentally friendly Coast Guard Vessels. KV Bergen, newbuilding no 49 delivered by Myklebust Verft/Kleven Maritime to the owner Remøy Management AS i Fosnavåg, Norway is nominated for the award "Ship of the year – 2010". The award is presented by the Norwegian maritime publication "Skipsrevyen", with the event taking ... Read More>>>Back to Top UKHO Announces 5th Recipient of the Alexander Dalrymple Award Gilles Bessero, the (outgoing) French Hydrographer has been honoured by the UK Hydrographic Office for his outstanding contribution to Hydrography by being named the recipient of the prestigious Alexander Dalrymple Award 2010. The announcement was made by Mike Robinson, CEO of UKHO, at a reception for World Hydrography Day held at the British High Commissioner's residence in Singapore on Wednesday, 30 June, ... Read More>>>Back to Top Petrotech Elects Mr. Naresh Kumar as President for 4th Term Mr. Naresh Kumar, Managing Director, Jindal Drilling & Industries Ltd has been re elected as the President of Petrotech Society. He was re-elected unanimously in the 19th Governing Council Meeting of the Society, to serve his fourth consecutive term as the President. Petrotech Society is India's leading non-profit organization whose members include prominent leaders in the oil industry - ONGC, Reliance, BPCL, IOCL, Cairn India, ... Read More>>>Back to Top Click Here to Unsubscribe Copyright © 2010 The Maritime Executive. 3200 S. Andrews Avenue, Suite 100 Fort Lauderdale, FL 33316