|  MarEx caught up with David Kent, President of Rigzone about oil and gas compensation rebounding on higher oil prices and market stability. Rigzone is leading authority on offshore and onshore job tracking and salary compensation for the oil and gas industry, MarEx: Congratulations on Rigzone’s purchase by Dice Holdings. Rigzone has always been a barometer for the global oil and gas industry and it was extremely insightful to learn more about the purchase from Michael Durney, Senior Vice President Finance and Chief Financial Officer who we interviewed a few months ago. We also appreciate the opportunity to speak to you as well because the Rigzone press release of March 15th demonstrated the stability of employment in the oil and gas and marine industries. Kent: As you know, the maritime and the oil and gas industries are intertwined. What... Read More>>> Back to Top |  The Associated Press reports that customs officials in Chile have detected radiation in cars that arrived from Japan onboard the Hyundai 106 cargo ship. Twenty-one of the 2,500 cars that arrived in Iquique, Chile from the Japanese port of Yokohama have been found to have low levels of radiation. Nearly one hundred port workers have protested the arrival of the shipment and subsequent exposure, claiming their health was at risk. Chile’s nuclear commission confirmed that the levels of radiation found on the cars were too low to cause damage to humans. Officials say the cars will be washed while they're on the ship to keep any radiation onboard. ___ SOURCE: AP Read More>>> Back to Top |  On May 1, pirates received a ransom for the release of the Singapore flagged MV SINAR KUDUS. Pirates had been holding the vessel and crew since March 16. After the ransom payment, reported by pirates to be $4.5 million, was made, the crew and vessel were safely released and the 35 pirates onboard left the ship. The Indonesian military says the final four pirates took off in a speedboat. The military Special Forces pursued the speedboat, shooting and killing the four pirates. The Indonesian military says the attack was planned and that they made sure to wait to engage until after all 20 Indonesian crewmembers were out of harms way. The MV SINAR KUDUS set sail to the nearest secure port guarded along the way by Indonesian warships. The ship owner said that the ship will undergo maintenance, receive a new crew, and continue to Rotterdam with its cargo of ferro nickel worth... Read More>>> Back to Top |  China’s Marine Surveillance says they will add 1,000 officers this year, raising staff to a total of 10,000. The hiring spike comes after increased maritime claims and rising territory and maritime border disputes involving China and neighboring countries. In addition to the increased staff the agency plans to purchase 36 new ships over the next five years. At present the agency has 300 vessels and 10 aircraft. In recent months China has had disputes over the Spratly Islands that are claimed by Brunei, China, Malaysia, the Philippines, Taiwan, and Vietnam. China also has had disputes with Taiwan and Vietnam over the Paracels, a smaller island group that the three nations claim as their territory. Last year China and Japan were involved in a heated dispute after a Chinese fishing boat rammed a Japanese patrol boat after the patrol boat order the fishing vessel to vacate... Read More>>> Back to Top |  Innovative Social Media Event Chronicles the Launch with a Series of Videos on Facebook In an unprecedented social media event, Carnival Cruise Lines is inviting Facebook fans (www.facebook.com/carnival) to experience the excitement of Carnival Magic’s May 1 launch from Venice, Italy, with a series of videos that showcase the ship’s inaugural activities along with its many unique features and innovations. A series of 11 videos will be posted every half hour between 9 a.m. and 2 p.m. (U.S. Eastern time) on Sunday, May 1. The videos take viewers on a journey as they enjoy a front-row seat at the Carnival Magic’s naming ceremony, tour the ship’s bridge, and learn more about the Caribbean-inspired RedFrog Pub, WaterWorks aqua park, and Cucina del Capitano Italian... Read More>>> Back to Top |  Reduced Fine Removes May 21st Default Potential Related To Convertible Notes And Is Expected to Facilitate Refinancing Company Intends to Proceed with Puerto Rico Class Action Settlement Horizon Lines, Inc. (NYSE: HRZ) today announced that a federal court has granted a request by the U.S. Department of Justice to reduce the company's fine related to federal antitrust violations in the Puerto Rico tradelane from $45 million to $15 million. As a result of the reduced fine, Horizon Lines is no longer facing the prospect of a May 21, 2011, default under its convertible note indenture. The company could have been declared in default by the convertible note holders on any judgment over $15 million that the company was unable to pay, bond, or otherwise... Read More>>> Back to Top |  The U.S. Coast Guard has extended DNV’s statutory authorizations under the USCG Alternate Compliance Program to include Passenger Ship Safety Certificates. With this additional authorization, DNV is the only classification society authorized to issue the full suite of statutory certificates for all ship types on behalf of the United States of America. Kenneth Vareide, DNV’s Director of Operations for maritime activities in North America, comments “this marks another milestone for DNV and this is another indication of the trust and confidence that the USCG has in DNV’s classification and statutory services, especially for high-profile ships, such as modern cruise ships, where safety is critical.” Jeff Lantz, USCG Director of Commercial Regulations and Standards adds “the USCG takes its flag state responsibilities very seriously and delegates statutory authorizations to... Read More>>> Back to Top |  In the World's Largest Tugboat Race During Seattle Maritime Festival Auction to Benefit Washington Charity, Ryther Child Center Bids are now being accepted on eBay for a chance to win a ride for four aboard Crowley's winningest tugboat, Hunter, as it races against the field in Seattle Maritime Festival's annual tugboat race on Saturday, May 14. All proceeds from the auction, which will be open through Friday, May 6, will benefit the... Read More>>> Back to Top |  A study release from Duke University: New technology uses nuclear 'fingerprints' to scan cargo ships (Photo, thumb above). The Port of Savannah is the fourth largest container port in the United States, importing hundreds of large metal boxes from cargo ships shown here. Credit: Georgia Department of Economic Development. While 700 million travelers undergo TSA's intrusive scans and pat-downs each year, 11 million cargo containers enter American ports with little screening at all. And the volume of those containers, roughly equivalent to 590 Empire State Buildings of cargo, could contain something even worse than box knives or exploding shoes, namely nuclear weapons. Two teams of North Carolina physicists are mapping the intricacies of the atomic nucleus, which could provide better security at the ports. The scientists have... Read More>>> Back to Top |  In accordance with announcement made on March 25, 2011, and in relation to the listing of Sevan Drilling ASA, Mr. Jan Erik Tveteraas will retire from the position as CEO of Sevan Marine ASA to take on the position as CEO of Sevan Drilling ASA. Mr. Tveteraas was a founding shareholder of Sevan Marine ASA and has been the CEO since the inception in 2001. He has been proposed by the nomination committee as a Board member of Sevan Marine. Carl Lieungh has been appointed new CEO of Sevan Marine ASA following today's general meeting in Sevan Marine. Mr. Lieungh comes from the position as CEO for Norse Cutting & Abandonment AS (NCA) and has more than 25 years of experience from the oil and gas industry including management and development of enterprises, project management, marketing and international business development. Mr. Lieungh has held key positions within these areas as Senior Vice President for... Read More>>> Back to Top |  Second Sail-In to Continue Successful Outreach to Congress Washington, D.C. – The U.S. Maritime Coalition has announced that this year’s Congressional “Sail-In” will take place on Capitol Hill on May 4, 2011. The Sail-In will look to build on the success of last year’s inaugural event which was widely supported by the American maritime industry including international and domestic ocean carriers, terminal operators and labor unions. “We had folks from 20 states, 48 congressional districts, 28 companies, 9 unions and labor organizations, and 10 related associations,” reported VADM Albert J. Herberger, a former U.S. Maritime Administrator and head of the volunteer organizing group. “That’s a powerful message to Congress,” he added. The purpose of the Sail-In is to increase... Read More>>> Back to Top |  Baker Hughes Incorporated (NYSE: BHI) held its annual stockholders meeting this morning in Houston, Texas. At its regularly scheduled Board of Directors meeting following the annual meeting, the Board, acting in accordance with its established succession plan, approved the transition of Chad C. Deaton, Chairman of the Board and Chief Executive Officer, to the new role of Executive Chairman beginning January 1, 2012. At that time Martin S. Craighead will assume the position of Chief Executive Officer in addition to his role as President of Baker Hughes. Mr. Deaton said, "In October 2011, I will have served seven years as the leader of Baker Hughes. We have accomplished the major objectives I had when I joined the company in the fall of 2004 and I am very proud to have shared this success with our outstanding employees, management team and Board of Directors. We... Read More>>> Back to Top |  World Ocean Council conference to advance industry action on ocean management The World Ocean Council (WOC) will convene ocean industries on 13-14 July in Washington D.C. to foster and facilitate business involvement in the coastal and marine spatial planning (CMSP) process underway in the U.S. The U.S. has established a National Ocean Council (NOC) that will be implementing CMSP through a series of nine regional programs. The NOC will be holding a National Workshop for government agencies to develop the government’s CMSP Strategic Action Plan in late June. A coordinated, multi-sectoral process to ensure the ocean business community is well- informed and constructively engaged in U.S. CMSP efforts is essential to CMSP being able to support the sustainable use of marine space and resources by responsible industry... Read More>>> Back to Top |  Since arriving in Sierra Leone, our volunteer crew of doctors, nurses and support staff have: - Screened 2,218 dental patients at the clinic site and conducted 7257 procedures
- Screened 1,789 eye patients and performed surgery on 76 patients
- Performed 34 general surgery procedures
- Performed 105 maxillo-facial surgeries
- Performed orthopedic surgeries and procedures on 129 patients (already at 137% of expected outputs)
And this is just the 2nd month of our 10-month Field Service! “Before and after” visuals of patients tell their stories without words. When you see the dramatic changes shown in our newest video, you will understand how powerful the transformation is in bringing hope to the hopeless. We see these transformations every day and wanted to share the experience with you. Watch the... Read More>>> Back to Top |  Ulstein Design & Solutions has signed two ship design contracts with the Brazilian Shipyard Alianca S.A for the building of two ULSTEIN PX105 platform supply vessels with the X-BOW® hull line design for the Brazilian shipowner CBO. The contracts are worth approximately NOK 150 million. The contracts are for the delivery of design, engineering, main equipment and building follow-up for two large platform supply vessels of the ULSTEIN PX105 design type. Important contracts “These contracts are of great importance to ULSTEIN. There are major investment activities on the Brazilian continental shelf and there are wide-reaching plans for the area. It is important to position ourselves in this market”, says COO in Design & Solutions, Tore Ulstein, and continues: “We are very happy that a trendsetting company like CBO once again has... Read More>>> Back to Top |  Holland & Knight is pleased to announce that Brad L. Berman has joined the firm as Partner in the firm's New York City office. Prior to joining Holland & Knight, Berman served as Executive Director of the Liberian International Ship & Corporate Registry (LISCR), the world's second largest ship registry and 60+ year old corporate registry, where he oversaw all aspects of the Liberian corporate and shipping program, including corporate and other entity formation, and ship registration and mortgaging. With LISCR from 1999, Berman was previously General Counsel and then President of LISCR. At Holland & Knight, Berman will be a member of both the Structured Finance and Maritime Practice Groups. John Pritchard and Jim Hohenstein, Practice Group Leaders of Holland & Knight's Structured Finance Practice and Maritime Practice respectively, stated, "Brad is... Read More>>> Back to Top |  Vigor Industrial Company completes new barge for NorthStar Gas U.S. Barge LLC, a wholly-owned subsidiary of Vigor Industrial LLC, this week will deliver a combination Deck and Tank Barge to NorthStar Gas LLC, an Alaskan Petroleum Distributor. The CAUNEQ was christened on April 15, 2011 and will start making deliveries in May to the Yukon, Kuskokwim and Western Alaska Costal Regions. NorthStar Gas and its operating partner, Delta Western, will use this barge to service customers in Western Alaska, stabilizing the transportation costs of fuel in the region. Barge CAUNEQ is capable of carrying up to 200,000 gallons of fuel plus deck freight in waters tributary to the Bearing Sea, Chukchi Sea and Arctic Ocean. "This is great news for Western Alaska," said Elaine Brown, NorthStar Gas President and CEO. "Many of our... Read More>>> Back to Top | | CGGVeritas (ISIN: 0000120164 – NYSE: CGV) announced today a new joint venture with the Norwegian ship-owner Eidesvik Offshore to manage ten high-capacity 3D vessels in the CGGVeritas fleet, including the two new X-BOW vessels, Oceanic Vega and Oceanic Sirius. The joint venture, CGGVeritas Eidesvik Ship Management AS, will be based in Bergen and is 51% owned by Eidesvik and 49% owned by CGGVeritas. The joint venture marks a step-change in the way CGGVeritas operates its high-end seismic vessels. It creates an integrated team of highly skilled professionals dedicated to ship management to fully support and develop the performance of the fleet. CGGVeritas and Eidesvik are both contributing resources and support to the joint venture. Jean-Georges Malcor, CEO of CGGVeritas, said: "This new joint venture is a key step in our performance action plan. It builds a strong partnership that is focused on... Read More>>> Back to Top |  On May 17, 2011, the Seamen’s Church Institute (SCI) hosts the Grand Reopening of its International Seafarers’ Center in Port Newark, NJ. SCI undertook a major renovation of the Center, completing construction late last year, to establish a first-rate facility for the global shipping industry working in the Port of New York and New Jersey, the East Coast’s largest port. “The welfare of international trade in the Port of New York and New Jersey hinges on this Center,” says the Rev. David M. Rider, President & Executive Director of SCI. SCI’s Seafarers’ Center offers business services and recreation facilities for transportation workers, providing access to the Internet, telephones, lounges, and food services. Without shore-based welfare facilities, seafarers, who travel 6-9 months on long transoceanic journeys, would have few, if any, options to access needed... Read More>>> Back to Top |  Support for NEVA 2011, the international maritime conference and exhibition taking place in St. Petersburg between September 20th and 23rd this year, has gathered momentum both within Russia and internationally in recent weeks. Rod Keay, managing director of Dolphin Exhibitions, the event organiser, says: “Support in Russia, and the CIS as well, has grown exponentially since the beginning of the year.” The event, which celebrates its 20th anniversary this year, is increasingly being viewed within Russia as not simply a niche maritime exhibition, but as a global business-to-business event. As a result it is being backed by the domestic business community at the highest level. This is reflected in official support for NEVA 2011 for the first time from both the Russian Union of Industrialists and Entrepreneurs (RUIE) and the Russian Chamber of Commerce and Industry. Mr A N... Read More>>> Back to Top |  The ClinicClowns to shoot off the 4th transportlogistics BUSINESS RUN MUNICH at Hilton Munich Park Hotel, May 11th 8:00 am Flensborg and Associates, together with their sponsors ANTWERP STEVEDORING INT, JOURNAL OF COMMERCE, CSX, DP WORLD, MAYRHOFER + PARTNER, MENEGHIN & PARTNER, PORT OF ANTWERP, PORT OF HOUSTON, RAILRUNNER, SIMON HEGELE, TALKE LOGISTICS, VIA BREMEN and WV SPEDITION would like to invite you to participate at the 4th transportlogistics BUSINESS RUN MUNICH. This event is a run, not a race. It will be opened by the KlinikClowns e.V. The meeting point is in front of the Hilton Munich Park Hotel, Am Tucherpark 7, 80538 Munich on May 11th 2011 at 8:00 am. There will be a fast group for more ambitious runners, and a slower group for newcomers. From the Hilton Hotel the run... Read More>>> Back to Top | | |
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