Thursday, September 9, 2010

MarEx Newsletter | Obama's Infrastructure Plan Fails Maritime Industry, BP Releases Internal Investigation

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September 9th, 2010 Vol. 8, No. 67
The Maritime Executive - Online News Magazine, Newsletter and Business Journal. The Marine Industry's Most Widely Read Marine Newsletter and Worldwide Maritime Report for Commercial Shipping Executives. Click here for Corporate News and Press Releases

The Obama Infrastructure Plan, and Another Shipyard Closes

The Obama Infrastructure Plan, and Another Shipyard Closes

OP-ED by Tony Munoz, Editor-in-Chief of the Maritime Executive Magazine and the MarEx Newsletter

As President Obama announced his robust infrastructure investment program touting an immediate infusion of $50 billion for improvements to the nation's infrastructure, images of a newly revitalized U.S. maritime industry swirled around me in a twilight zone moment. The six-year plan is estimated to cost about $350 billion ...

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BP's Internal Report: "Multiple Companies" Contributed to the Deepwater Horizon Explosion

BP's Internal Report: "Multiple Companies" Contributed to the Deepwater Horizon Explosion

In an internal investigative report released Wednesday, BP says, "no single factor caused the Macondo well tragedy."

The company cites numerous failures by several different parities that led to the April 20th explosion, in their 192 page internal report.

The internal investigation led by Mark Bly, BP's Head of Safety and Operations, began immediately following the rig explosion. The ...

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Pirates Hijack Cargo Ship in the Gulf of Aden

Pirates Hijack Cargo Ship in the Gulf of Aden

The European Union Naval Force Somalia - Operation Atalanta (EU NAVFOR) reported that Somali pirates have hijacked a Malta flagged cargo ship in the Gulf of Aden.

The MV OLIB G was hijacked early Wednesday, along with its crew of 18, among which are 15 Georgian and 3 Turkish. Nearby USS Princeton received notification from the cargo ship that a skiff was ...

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U.S. Navy Opposes Congressional Efforts to Repeal the Jones Act

U.S. Navy Opposes Congressional Efforts to Repeal the Jones Act

Cites importance of American Mariners U.S. Shipbuilding Industrial Base, and American Vessels

The news that the U.S. Navy and the U.S. Navy League support the Jones Act and oppose its repeal was applauded today by Maritime Cabotage Task Force ("MCTF"), the national coalition representing the U.S.-flag fleet engaged in domestic waterborne commerce. Both organizations dedicated to the defense of the United States ...

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Russian Ship Rams into Rocks in the Sea of Japan

Russian Ship Rams into Rocks in the Sea of Japan

The Russian dredging vessel ANABAR smashed into rocks off the Sakhalin coast in the Sea of Japan, late Tuesday.

The ships crew was trapped onboard and one was reported missing after the incident. Rescuers evacuated the crew of 17, Wednesday, and continue to search for the missing sailor.

Anabar set out form the port of Yakutsk on August 1st, ...

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Skandi Aker Named "Ship of the year 2010"

Skandi Aker Named "Ship of the year 2010"

Aker Solutions' new deepwater intervention vessel, Skandi Aker, was announced winner of the coveted international "Ship of the Year 2010" award, Wednesday.

The award was presented to Stig Antonsen, VP Marine in Aker Solutions, by Rikke Lind, state secretary of the Norwegian Ministry for Trade and Industry, at the SMM 2010 trade show in Hamburg, Germany.

Skandi Aker is ...

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Fishing Ban Lifted in Petaluma River After Oil Spill

Fishing Ban Lifted in Petaluma River After Oil Spill

CALIFORNIA - Fishing was banned Tuesday along a 2 miles stretch of the Petaluma River following a spill from a tugboat being dismantled in a cove along the waterway.

The 60-foot tugboat was being dismantled for scrap metal when it leaked the oil. Officials estimated between 200 and 600 gallons of oil leaked from the vessel.

Officials lifted the ...

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Fisherman Rescued After Weeks at Sea

Fisherman Rescued After Weeks at Sea

Benedict Jor, 20, was found by an Australian container ship drifting in the St. Andre Strait off Papua New Guinea, north of Australia.

The crew of the ANL WANGARATTA spotted Jor sitting on his upturned boat waving frantically at the ship. He was tearful and elated, telling the crew he thought he was going to die.

Jor had been ...

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MarineCFO Live! Sees Explosive Customer Growth

MarineCFO Live! Sees Explosive Customer Growth

Over 35 Companies in 10 Countries signup for MarineCFO Live!

MarineCFO Inc., the leading provider of On-Vessel, Marine Operations, Personnel, Fleet Maintenance and Financial Management Software Solutions to the Workboat Industry, announced today that its on-line version, MarineCFO Live! has seen explosive customer growth in 2010.

Marine companies from all over the World are recognizing the benefits of automating ...

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Coast Guard Rescues Crew from Grounded Fishing Vessels

Coast Guard Rescues Crew from Grounded Fishing Vessels

TEXAS - The Coast Guard, along with the Cameron County Constables, South Padre Island Fire Department and the Customs and Border Protection Air and Marine Division responded to multiple reports of vessels in distress late Monday night and early Tuesday morning. The vessels were Mexican-flagged fishing boats seeking safe harbor in the Port of Brownsville because of Tropical Storm Hermine.

A 33-foot ...

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KVH to Acquire Virtek Communications AS for $6.5 Million

KVH to Acquire Virtek Communications AS for $6.5 Million

Accelerates KVH's initiatives to offer significant value-added networking and data management capabilities for maritime satcom customers worldwide

KVH Industries, Inc., (Nasdaq: KVHI) and Virtek Communications AS today announced that they have entered into an agreement for KVH to acquire the software company. Virtek specializes in the development and deployment of software known as "middleware" that helps commercial fleets and vessel owners manage ...

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Iridium Joins With Danish Maritime Safety Administration in the EfficienSea e-Navigation Project

Iridium Joins With Danish Maritime Safety Administration in the EfficienSea e-Navigation Project

Iridium Communications Inc. is collaborating with the Danish Maritime Safety Administration (DaMSA) in EfficienSea, a pilot e-Navigation project for Maritime Safety Information (MSI) broadcasts to ships in waters outside the coverage of terrestrial communication systems.

Under the program, DaMSA will conduct shipboard tests of Iridium-based short-burst data (SBD) devices for receiving and printing out MSI messages. Trident Sensors, an Iridium value-added manufacturer ...

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Video: Passengers Tossed Around Cruise Ship Struck by Violent Storm

Video: Passengers Tossed Around Cruise Ship Struck by Violent Storm

Video released Wednesday, shows tables, chairs and passengers being thrown around the inside of a cruise ship during a sudden storm back in July 2008.

P&O's Pacific Sun cruise liner was hit with huge waves about 650 kilometers off the coast of New Zealand.

The Australian cruise ship rolled during the incident, injuring 42 of the 2403 passengers and ...

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Wärtsilä Publishes Shipping Scenarios 2030

Wärtsilä Publishes Shipping Scenarios 2030

Wärtsilä has pioneered in the creation of the Shipping Scenarios 2030, which describe what shipping could look like in twenty years. Scenarios help companies, governments and shipping linked organizations in long-term strategic thinking in a fast changing world. The Shipping Scenario work yielded three alternative futures, which are Rough Seas, Yellow River and Open Oceans.

Scenarios are a method of making sense ...

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Smartfind S5 AIS SART Has First Showing at SMM

Smartfind S5 AIS SART Has First Showing at SMM

McMurdo's recently launched Smartfind S5 AIS SART (Automatic Identification System Search And Rescue Transmitter) makes its first appearance at SMM.

The Smartfind S5 AIS SART enhances the Smartfind range of beacons from McMurdo Ltd, a leading manufacturer of emergency distress beacons. Aimed at the commercial maritime market, the Smartfind S5 AIS SART 'search and rescue locating device' is designed to assist in ...

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