Saturday, October 15, 2011

MarEx Newsletter | BP Gets Green Light on New Gulf Leases, MV Rena Oil Spill Update

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U.S. Allows BP to Bid on Gulf of Mexico Leases

After debates among the Obama administration, it has been announced that BP will be allowed to bid on new oil leases in the Gulf of Mexico, despite the numerous safety and environmental regulations that were violated contributing to the Deepwater Horizon explosion in April 2010.

Michael Bromwich, head of the recently coined Bureau of Safety and Environmental Enforcement, discussed that the committee was reviewing findings of the investigation and said it boiled down to a question of whether or not the administrative death penalty based on one incident was...
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Corporate News Press Releases
UPDATE: NZ Salvage Crews Race to Pump Oil from MV Rena

As of Friday, salvage teams off the New Zealand coast have been preparing to pump the remaining fuel out of the cracked Rena as it lists at 25 degrees and faces imminent break up.
Although the weather conditions on Friday were calmer than previous days, a worker of a salvage company told BBC that the ship was still very dangerous...
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Pirates Release Tanker and Crew After Hijacking Off Nigeria

After 5 days in captivity, pirates have released the oil tanker, Cape Bird, and the 20-member Eastern European crew safely on Friday, an official confirms.

A spokeswoman for Columbia Ship Management GmbH of Hamburg, Germany, disclosed that the pirates left the Cape Birth late on Thursday night, and allowed the crew to sail...
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NOAA’s Newest Chart to Support Puerto Rico Maritime Economy

The Port of San Juan, which is experiencing a tremendous growth of maritime traffic and planning for more, received an additional economic boost today when NOAA debuted a new nautical chart that will make ocean-going vessel traffic safer and more efficient through San Juan Bay and the port area.

“There is not only...
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BSEE Issues Violations Following Investigation Into Deepwater Horizon

The Bureau of Safety and Environmental Enforcement today issued the initial group of violations resulting from the findings of the Joint Investigation on the Deepwater Horizon explosion and oil spill. The violations were issued as Incidents of Non-Compliance (INC); a total of 15 INCs were issued by faxed letters to BP, Transocean and...
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MHI Develops Bulk Carrier Enabling 25% Reduction in CO2 Emissions

Mitsubishi Heavy Industries, Ltd. (MHI) has developed a new bulk carrier which will enable reductions in CO2 emissions by about 25% compared with conventional averaged bulk carriers. As the first commercial application of the new design, MHI will provide its conceptual design and green technologies to three grain carriers to be built for...
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Now Published: “A Commodore of Errors” by John Jacobsen

The recently published novel by John Jacobsen, A Commodore of Errors, is being called “a hilarious comedy on the high seas”.  Read below for a book overview, and click here to...
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30 Tanker Acquisition Completed by Diamond S Shipping

Diamond S Shipping announced that it has completed the acquisition of 30 medium-range product tankers and related charters from Cido Shipping of Hong Kong.

The product tankers, built between 2007 and 2010, are under long-term charters with a number of global shipping companies, including A.P. Moeller, d'Amico, Hyundai...
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PALFINGER Wind Wins Major Order From Denmark

  • PALFINGER WIND wins major tender in Denmark
  • 111 offshore wind platform cranes to be supplied to DONG Energy
  • Important strategic cooperation with Denmarks leading energy company

Following the recent order for 48 cranes by REpower Systems SE, PALFINGER WIND is again in the headlines...
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New Vulkan Integrated Shaft Coupling Design (ISC)

VULKAN Couplings, Herne, Germany, recently introduced a unique breakthrough design combination of the proven RATO- DS highly flexible coupling directly connected to a lightweight VULKAN Composite shaft. The high radial stiffness combined with the comparably low axial and bending stiffnesses of the RATO-DS makes it suitable to work not...
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M/V SIGNET STARS & STRIPES and M/V SIGNET CONSTELLATION Christened

Trinity Offshore, LLC and Signet Maritime Corporation christened M/V SIGNET STARS & STRIPES and M/V SIGNET CONSTELLATION at the Trinity Shipyard in Gulfport, Mississippi. This extraordinary affair included many of Signet Maritime’s and Trinity Offshore’s valued customers and employees in addition to many local, state and...
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Aker Solutions to Supply Pusnes Offshore Loading Systems to 10 Shuttle Tankers

Aker Solutions has been awarded contracts for the supply of Pusnes offshore loading systems for ten shuttle tankers that will operate in Brazil and Norway. The total contract value for Aker Solutions is approximately NOK 150 million.

Several major South Korean shipyards have awarded Aker Solutions contracts for the supply of...
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Panama Canal Completes Major Step in Expansion Program

In another important milestone of its Expansion Program, the Panama Canal Authority announced the completion of phase three of the dry excavation project in the construction of the Pacific Access Channel (PAC).  The Pacific Access Channel will connect the third set of locks with the Culebra Cut and Gatun Lake.

The third...
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Healthy Climate On Board Passenger Ships Imtech Marine Starts Innovative Hygiene Management System

Air conditioning systems require regular maintenance. On ships which frequently travel around in varying different climatic zones, the air conditioning systems are subject to particular strain, which makes constant inspections all the more important. After all, dirty air conditioning equipment not only increases...
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MetalCraft Marine Inc. Unveils First Electric Powered Patrol Boat.

Patrol Boat-1 is really the first, the first ever electric powered patrol boat. MetalCraft Marine designed and built the boat for the City of Annapolis’ Harbormaster. The boat utilizes a Steyr hybrid diesel/electric engine that permits either electric power or for higher speeds, diesel power. The propulsion is a Hamilton 274...
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Emory S. Land Conducts Coordinated Mooring in Malaysia

Submarine tender USS Emory S. Land (AS 39) arrived in Sepangar Oct. 11 as part of the U.S. Navy's theater security cooperation and friendship mission.

While in Sepangar, Emory S. Land will exercise its submarine support capabilities by tending USS Columbia (SSN 771), a Los Angeles-class fast attack submarine, which will be...
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