Tuesday, September 20, 2011

MarEx Newsletter | OP-ED: "For Whom the Bell Tolls", Cyprus Begins Drilling Despite Turkish Warnings

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OP-ED: "For Whom the Bell Tolls"

by Tony Munoz, editor-in-chief, The Maritime Executive Magazine and MarEx e-Newsletter.

The Administration’s ZERO Bucks Plan for Maritime

An exuberant President Obama last week unveiled a $447 billion infrastructure plan to quickly inject money into the economy and create jobs. The plan included $50 billion to jumpstart surface transportation projects, but the strategy once again emphasized rail, air and highways....
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Corporate News Press Releases
Cyprus Begins Controversial Oil & Gas Drilling Despite Turkish Warnings

U.S. Texas-based energy firm, Noble Energy, has begun an exploratory drilling project off the coast of Cyprus, amidst strong advisories from Turkey not to do so, AP reports.

The area in dispute has long been a topic of controversy,...
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British D-Day Shipwreck Discovered By Divers Off Portsmouth

Divers from Southsea Sub-Aqua Club have located the “missing” British ship, LCT 427, which sank returning from D-Day duties, BBC reports.

The ship was discovered only four miles offshore from the coast and 100-feet from the water’s surface during the Club’s recent diving survey and historical research...
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Large Containership Runs Aground on Dutch Sandbank, First Salvage Attempts Fail

Dutch maritime authorities have confirmed that an extremely large containership has ran aground on a sandbank near the Belgian border and efforts are feverishly underway to set the ship free.

Representative for Zeeland Region Safety, Aart Oosten, reported to AFP that the 360-meter MSC Luciana ran upon a sandbank in the...
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UPDATE: Coast Guard Responds to Crude Oil Offshore Louisiana

The Coast Guard continues the response to a report of a crude oil discharge in Bayou Dupont and north Barataria Bay, Sunday.

The Coast Guard has determined that approximately 2,016 gallons of oil have been recovered from the site of the oil discharge in Bayou Dupont, near Wilkinson Canal in Jefferson Parish.

Response...
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Multibeam Sonar Can Detect and Map Deep Sea Gas Seeps, NOAA Says

Multibeam sonar, an echo sounding technology commonly used to map the seafloor, can also be used to map and detect gaseous seeps in the water column, according to scientists testing the technology on board NOAA Ship Okeanos Explorer last week in the Gulf of Mexico. Unlike other types of sonar, multibeam technology is able to survey a wide...
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Stopping Stowaways: When Prevention Is Better Than Cure

Stowaways are every ship operator’s nightmare. Not only do they cause problems for the crew, but they also cause legal and financial problems for shipowners and port authorities. Avoidance is the only possible solution - and Videotel Marine International offers practical advice with the launch of an up-date to its original award...
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Navy's First Joint High-Speed Vessel Christened

MOBILE, Ala. (NNS) -- USNS Spearhead, the first of Navy's joint high-speed vessels designed for rapid intra-theater transport of troops and military equipment, was christened Sept. 17 during a ceremony at Austal USA in Mobile, Ala.

Military Sealift Command will own and operate Spearhead and the other other joint high-speed...
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Aqaba CEO Discusses Reforms With Jordan’s King Abdullah

Aqaba Container Terminal (ACT) CEO Soren Hansen was one of several representatives of international investors in Jordan invited to participate in a meeting with His Majesty King Abdullah II on September 6th to discuss business opportunities and government economic reforms. The King emphasized Jordan’s firm commitment to improve the...
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Hyundai Heavy Wins USD 400 Million LNG Carrier Order

Hyundai Heavy Industries, the world’s biggest shipbuilder, won an USD 400 million order to build two 155,000 cbm LNG carriers for Singapore-based BW Maritime.

Mr. Kim Oi-hyun, senior executive vice president and CEO of Hyundai Heavy and Mr. Clarence Lui, BW Maritime CFO & executive vice president, signed the contract...
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ConocoPhillips Establishes Second Bohai Bay Fund In Response To Repeated Oil Spills

ConocoPhillips announced that its Board of Directors approved the creation of a second fund and will work with co-venturer, China National Offshore Oil Corporation (CNOOC) or other appropriate parties to specifically address environmental issues...
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Sovcomflot Expands its Fleet With Advanced Seismic Vessel

At a festive ceremony in Sochi, on 16 September 2011, a new seismic exploration vessel called Vyacheslav Tikhonov was named for SCF Group, and a flag of Russian Federation was raised. Russian PM Vladimir Putin and other high government and business officials took part in the ceremony.

The vessel is designed for geophysical...
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Maersk Line, Limited and Rickmers-Linie (America), Inc. Form U.S. Flag Project Cargo Partnership

Maersk Line, Limited and Rickmers-Linie (America), Inc. today announced a partnership to provide breakbulk and project cargo shipping using two newly-built multi-purpose ships to be operated under the U.S. flag. The partnership brings together the complementary capabilities of the two companies to offer customers a new option for moving...
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NEVA 2011: Cooperation and Integration to the Fore

Conference delegates, exhibitors and a host of executives from the global maritime industries are preparing to converge on St. Petersburg for NEVA 2011, which is being held in the Russian city from 20-23 September.

NEVA is a global cluster representing all commercial...
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Hempel Expands R&D with Development of Fire Protective Coatings

With the extensive expansion of R&D in Spain, Hempel’s new state-of-the-art centre focuses on bringing high performing fire protective coatings solutions to the global market.

Intumescent coatings – passive fire protection that lengthens the time a steel structure will remain intact during a fire – provide...
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TGS Announces New Multi-client 2D Seismic Survey in Namibia

TGS has commenced a new 15,000 km multi-client 2D seismic survey offshore Namibia.

TGS considers this region to have significant exploration potential and is pleased to acquire new data that both complements and extends TGS' existing seismic coverage in the area.  The survey grid covers open acreage and images the main...
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