Sunday, September 18, 2011

MarEx Newsletter | Fire on Norwegian Cruise Kills 2, North Korea Unveils Cruise Ship

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VIDEO: Fire on Norwegian Cruise Ship Kills 2 Crewmembers

A fire in a Norweigan cruise ship's engine room killed two crewmen Thursday, injured nine others and forced the evacuation of 207 passengers. 

The MS Nordlys, of Norway’s Hurtigruten line was off Norway’s western coast when, according to police, an explosion caused the engine room to quickly catch fire.
The vessel has been towed to dock at Aalesund, 230 miles northwest of Oslo. Local police have had to seal of part of the city as thick smoke engulfed the surrounding area and buildings.

Emergency evacuations were conducted onboard at...
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Corporate News Press Releases
VIDEO: Cruising in North Korean Style

North Korea Unveils Its New Cruise Ship

The MANGYONGBONG is a 39-year-old cargo ship with stained, water deprived bathrooms, cramped cabins and plastic lawn chairs on deck- and as of last month its North Korea’s “new” cruise ship.

North Korea, desperate for...
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Bridgestone Pleads Guilty to Rigging Bids & Bribing Foreign Gov. Officials in the Sale of Marine Hose

Company Agrees to Pay $28 Million Criminal Fine

WASHINGTON — Bridgestone Corporation has agreed to plead guilty and to pay a $28 million criminal fine for its role in conspiracies to rig bids and to make corrupt payments to...
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£1.3 Billion in Fraudulent Trades Made by UBS Employee

City of London Police have arrested Kweku Adoboli, a 31-year-old UBS trader in connection to fraudulent trades totaling £1.3 billion.

The Ghanaian born banker changed his Facebook status to “I need a miracle” just before authorities arrested him at his desk. This latest banking scandal knocked...
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Bath Iron Works Awarded $1.8 Billion Navy Contract

Two Zumwalt-class DDG-1000 Destroyers

BATH, Maine – The U. S. Navy has awarded General Dynamics Bath Iron Works, a subsidiary of General  Dynamics (NYSE: GD), a $1.8 billion contract for the construction of DDG 1001 and DDG 1002, the next two ships in the Zumwalt-class...
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Ninth Circuit Decision Interprets Arbitration Provision Narrowly

By Marc J. Fink, Attorney, Cozen O'Connor (pictured left) & Wayne R. Rhode, Attorney, Cozen O'Connor (pictured right) 

The U.S. Court of Appeals for the 9th Circuit recently issued a decision holding that a dispute pertaining to liability for damage...
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MARAD Hosts Public Outreach Meetings for the Panama Canal Expansion Study and America's Marine Highway Program

Maritime industry stakeholders are invited to participate in a series of day-long outreach sessions sponsored by the U.S. Department of Transportation's Maritime Administration (MARAD)

Prospects to Interline River Barges with Oceanic Container Shipping

by Harry Valentine 

While a new generation of oceanic ships carries increased numbers of shipping containers between nations, river barges still provide useful transportation services in many nations. Rivers such as the Danube, the Ganges, the Yangtze, the Parana and the Mississippi are all examples of navigable rivers...
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Florida Inland Port Forges Alliance with JaxPort

This and recent agreements with Port of Miami and Port of Palm Beach solidify Florida Inland Port’s position as the premier inland port / integrated logistics center serving the southeastern U.S.

Florida Inland Port today announced the signing of a Memorandum of Understanding (MOU) that creates a strategic...
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IMO Approves Further Interim Guidance on Privately Contracted Armed Security Personnel

 

Further interim guidance on the use of privately contracted armed security personnel (PCASP) on board ships to counter Somali-based piracy has been approved by an IMO intersessional working group.

The Intersessional Maritime Security and Piracy Working Group of the Maritime Safety Committee, which met at IMO...
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Panama Canal and Port Corpus Christi Sign Agreement

Ceremony Commemorates Port's 85th Anniversary                                                                    ...
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IMO Secretary-General’s Sadness at United Republic of Tanzania Ferry Disaster

The Secretary-General of the International Maritime Organization (IMO), Efthimios E. Mitropoulos, has expressed his profound sadness for the loss of life in the sinking of the ro-ro ferry Spice Islander I off the coast of the United Republic of Tanzania on 10 September.

 

Governor Jeb Bush and O’Brien’s Response Management Announce Strategic Partnership

Fort Lauderdale, FL— Former Florida Governor Jeb Bush, through his firm Old Rhodes Holdings LLC, and O’Brien’s Response Management (O’Brien’s), a wholly owned subsidiary of SEACOR Holdings Inc. (NYSE: CKH), today...
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Philippine and British Governments Announce their Support for SaveOurSeafarers

Seafarers’ organizations, shipping companies together with business leaders and the biggest ever grouping of shipping industry associations, which have joined forces to campaign against Somali piracy, have received a welcome boost from the British and Philippine Governments confirming their support for the global  SOS...
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Bryan Nichols Joins Growing Vigor Shipyard Sales Team

Bryan Nichols, one of the leading maritime business development professionals in the Pacific Northwest, is joining forces with VIGOR Industrial, which owns and operates the premier shipyards in the region.

Nichols joins VIGOR as a sales representative for the company, which builds, repairs and modernizes commercial fishing and...
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Double Control for Water Jets

Swedish-based MJP Waterjets has succeeded in combining steering and reversing of two jets simultaneously into a central column operating both jets in parallel by means of a single hydraulic control. This new design of the steering and reversing unit called CSUI has recently been tested on the French landing craft CNIM...
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Deepwater Wind to Propose Offshore Wind Farm and Inter-State Transmission System to New York Power Authority

Deepwater Wind hailed today’s announcement by the New York Power Authority (NYPA) to jumpstart the process for developing a large offshore wind farm to serve downstate New York.

NYPA has filed an application with the United States Department of the Interior to lease an...
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Seagull’s MLC 2006 Training Package is Certified by DNV and Available Now

Consistent with its approach to make essential training easily accessible for crew members and cost-effective for ship owners, Seagull’s latest distance courses hit the mark yet again.  The company has developed and had certified three essential courses for Junior Officers and Ratings, the Senior Officers including Master, and...
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