Tuesday, August 16, 2011

MarEx Newsletter | Shell Accepts Liability for Two Oil Spills in Nigeria, Key Speakers Announced for Upcoming "Rebuilding America & Creating Jobs: A Maritime Initiative"

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Shell Accepts Liability for Two Oil Spills in Nigeria

Oil giant faces a bill of hundreds of millions of dollars following class action suit brought on behalf of communities in Bodo, Ogoniland.

Shell faces a bill of hundreds of millions of dollars after accepting full liability for two massive oil spills that devastated a Nigerian community of 69,000 people and may take at least 20 years to clean up.

Experts who studied video footage of the spills at Bodo in Ogoniland say they could together be as large as the 1989 Exxon Valdez disaster in Alaska, when 10m gallons of oil destroyed the remote...
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Corporate News Press Releases
Key Speakers Announced for Upcoming "Rebuilding America & Creating Jobs: A Maritime Initiative"

The Maritime Executive will host a national Maritime Initiative, "Rebuilding America and Creating Jobs," in Baltimore on October 12 & 13, 2011, the beginning of a national campaign to...
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Former Shipyard Inspector Sentenced 3 Years in Prison for False Inspections

Last Friday, a former inspector at the Newport News shipyard was sentenced in a U.S. District Court to 37 months in a federal prison after issuing falsified welding certifications on 13 Navy ships.

The 34-year-old culprit, Robert R. Ruks Jr., had pleaded guilty to two felony counts regarding lying about weld...
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Join the Hottest Discussions this Week on LinkedIn

Maritime Executive’s Linkedin group has grown to 14,424 members, making it one of the most influential business social media groups today in the industry.

Maritime Executive membership is certified by the Linkedin organization and all applicants are screened by the MarEx staff to ensure only like-minded...
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France and Germany Consider Naval Shipyards Merger

France and Germany are considering merging their naval shipbuilding assets in what would be their biggest industrial partnership since the creation of aerospace group EADS in 2000, according to Reuters.

Although all parties are declining comment on the report for now; ThyssenKrupp, French naval shipyard DCNS and the two...
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More Oil Identified on Seafloor at ConocoPhillips' Bohai Bay in China

The following statement was released by the Chinese state-owned oil company CNOOC upon discovering more oil in the accident-stricken Penglai field owned by ConocoPhillips in Bohai Bay, China:

CNOOC Limited  announced that, according to the latest statement by ConocoPhillips China Inc (“COPC”),...
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In Shipping, Some Things Never Change - Clay Maitland's Soapbox

By Clay Maitland

Maritime history buffs may remember the story of the Marie Celeste, a sailing ship found abandoned in the Atlantic Ocean, which seemingly had managed to sail for months without reaching land, and whose crew were mysteriously absent.  To this day, her mystinery remains the subject of...
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High-impact Oil Discovery in the North Sea

Statoil ASA and partners Petoro AS, Det norske oljeselskap ASA and Lundin Norway AS have made a high-impact oil discovery on the Aldous Major South prospect in the North Sea.

Well 16/2-8, drilled by the Transocean Leader drilling rig, has identified an approximately 65-metre oil column in Jurassic sandstone. The acquired data...
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400 Cannabis Plants Seized from Shipping Containers Near Whangarei, NZ

A tip off from a call to Crimestoppers has led to police to discovering more than 400 cannabis plants in three shipping containers at a property near Whangärei.

After the anonymous call to Crimestoppers police carried out further enquiries and then executed a search warrant at a Whareora address on Thursday last...
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WHOI Team Joins NOAA's Battle of the Atlantic

It’s been called everything from the Graveyard of the Atlantic to Torpedo Junction. By whatever name, the seas off the coast of North Carolina during World War II were the site of a devastating period for the United States, during which dozens of ships—mostly merchant vessels—were sunk by German U...
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MV SININ Released by Somali Pirates After Being Held Since February

MV SININ, a 52 thousand ton Malta flagged and owned Bulk Carrier, which was hijacked by Somali pirates on February 12, 2011, has been released today, i.e. on August 13, 2011. Total crew of 21 persons, including 9 Indians are reported safe.

The ship owners have provided for replenishment of stores/fuel and security for the...
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USDOT’s Maritime Administration Announces $9.98 Million in Grants to Small Shipyards

U.S. Transportation Secretary Ray LaHood today announced $9.98 million in grants to 13 small shipyards throughout the United States to help modernize facilities, increase productivity, and help make the country’s small shipyards more competitive in the global marketplace.

Over 50,000 Americans are employed by small...
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World Shipping Council: Containers Lost At Sea

Proper cargo loading and stowage of containers is very important to the safety of a container ship, its cargo and its crew, to shore-based workers and equipment, and to the environment. Even with proper loading of the cargo into the container and secure stowage aboard ship, a number of factors ranging from severe weather...
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Maritime Union of New Zealand Backs Tax Justice Petition at Parliament

The Maritime Union will be among official campaign supporters attending the handover of the Tax Justice petition at Parliament Buildings tomorrow Tuesday 16 August 2011.

The Tax Justice campaign has collected nearly 40 000 signatures for its petition to remove GST from food and introduce a Financial Transactions Tax (FTT).

Hyundai Heavy Launches World's First Mobile After-sales Service for Ships

Hyundai Heavy Industries, the world’s biggest shipbuilder, launched today the world’s first mobile after-sales services (A/S) for ships.

Hyundai Heavy’s mobile A/S system, m-PASS, enables shipowners to monitor status of equipment installed in the ships, retrieve information about ships and equipment makers,...
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Historic New Towing Vessel Inspection Program Hailed by Vessel Operators as Enhancing Safety

The U.S. Coast Guard has released a notice of proposed rulemaking that would establish a historic new inspection program for towing vessels, including a requirement for a safety management system, as recommended by the National Transportation Safety Board (NTSB).  The American Waterways Operators (AWO) hails this historic action as...
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Kvichak Delivers Five Military Preposition Boats to U.S. Navy

Kvichak Marine Industries, Inc., of Seattle, WA, recently delivered 5 each Military Preposition Force (MPF) utility boats to the United States Navy, completing their final contract order.  Kvichak has delivered a total of 33 MPF’s to the Navy since February 2006 that are in operation worldwide.  The 40’ high-speed...
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Brookes Bell and Safety At Sea Merge

Marine Scientific and Technical Consultants and Surveyors, Brookes Bell LLP, and leading Naval Architects and Marine Engineers, Safety at Sea Ltd, have announced that the two UK-headquartered companies have merged. 

The deal sees Glasgow-based Safety at Sea become part of the Brookes Bell Group, which has two offices in...
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National Oilwell Varco Secures Huge Drilling Contract with Brazil

National Oilwell Varco, Inc. announced that it has signed contracts to supply drilling equipment packages for seven drillships to Estaleiro Atlantico Sul ("EAS"), including drilling riser and pressure control equipment. The value, over the term of the deliveries, is approximately $1.5 Billion.

Pete Miller, Chairman,...
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Offshore Energy 2011 Reflects Confidence in Oil & Gas Industry

As energy demand is rising again, the year 2011 marks a turning point in the oil & gas industry with increased investments in the entire value chain. Offshore Energy in Amsterdam (11 & 12 October 2011), clearly reflects the confidence that governs the industry today. In four years time, the number of participants has quadrupled....
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Transocean Announces an All Cash Voluntary Offer to Acquire 100 Percent of Aker Drilling for NOK 26.50 per Share

Transocean Services AS ("Transocean" or the "Company"), a wholly owned subsidiary of Transocean Ltd. (NYSE: RIG) (SIX: RIGN), announced an all cash voluntary offer (the "Offer") for 100 percent of the shares of Aker Drilling ASA ("Aker Drilling") for NOK 26.50 per share. The Board of Directors of...
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9th Annual Cargo Conference, Miami Beach, Florida

ASBA will return to the Eden Roc Hotel in Miami Beach, Florida for our 9th Annual Cargo Conference. We have again booked rooms in the spectacular Ocean Tower. This year’s conference will take place September 28 - 30. Our meet & greet...
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Salvage Crews Remove Grounded Royal Miss Belmar Passenger Ferry off the Northeastern end of Great St. James Island, U.S. Virgin Islands

The Colombia New York barge with a 440-ton crane hoists the Royal Miss Belmar passenger ferry during salvage operations Saturday by Don Jon Marine Co., Coast Guard, federal and local agencies and local commercial salvage companies, who planned and coordinated the removal of the Royal Miss Belmar, after the vessel grounded on the night of...
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Stephen Fazekas Joins Terresolve Technologies as Director of Business Development

Terresolve Technologies, an industry leader in producing environmentally safe lubricants and functional fluids, today announced that Stephen Fazekas has joined the company as director of business development.  Fazekas holds more than 21 years of industrial experience in the areas of market development, management, direct sales and...
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EBDG Designs New Electric Ferry to Replace 50-year-old Diesel Powered Vessel

A new cable-guided electric ferry, designed by Elliott Bay Design Group LLC (EBDG), began carrying passengers and vehicles across Oregon’s Willamette River at Buena Vista. The new electric Buena Vista ferry replaces a diesel powered version which had been in service for more than 50 years.  EBDG was chosen to design the vessel,...
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Van Leeuwen Pipe and Tube Group Acquires Teuling Staal

The Van Leeuwen Pipe and Tube Group has acquired Teuling Staal B.V. Teuling Staal, situated in Barendrecht, is a specialist in the field of duplex and super duplex stainless steel materials.

Teuling Staal, founded in 1977, is a leading supplier of duplex and super duplex stainless steel pipes, fittings, flanges and special...
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