Thursday, November 17, 2011

MarEx Newsletter | Obama Plans Military Expansion in Support of Asia-Pacific Trade, Russian Freighter Crew Lost at Sea

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Obama Announces Military Expansion in Australia in Support of Asia-Pacific Trade

The President of the United States is set to unveil plans of an increased American military presence in the Australia, aimed to support maritime trade of the Asia-Pacific region and to strenghten ties with the Aussies as tensions in the South China Sea continue to rise. 

Fresh from hosting an Asia-Pacific trade summit in Hawaii, Obama is slated to outline the military expansion in Australia in an address to parliament on Thursday.  Obama’s speech will cover an array of U.S. strategic interests, some of the topics on the agenda include human and drug...
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Corporate News Press Releases
Russian Freighter Disappears in White Sea, 11 Missing - UPDATE

UPDATE: Russian rescuers located the missing cargo ship early Wednesday morning.  A Russian helicopter found the ship, but didn't find any of the missing people aboard.  The vessel is reportedly run aground in the White Sea, and rescue teams are now searching for the 11 crewmembers and 1 passenger who were sailing...
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PIRACY UPDATE: 6 Pirates on Trial in France, Pirate Mother Ship Released, Failed Pirates Returned to Somalia

Six Alleged Somali Pirates Face Trial in Paris, France

On Tuesday, size alleged Somali pirates went on trial in Paris as a result of the 2009 yacht hijacking and hostage of a French couple.

The men, all between ages 21 and 45, have been accused of seizing the Carré-d'As IV ...
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Chevron Reiterates Statement Regarding Oil Seep at Project in Brazil

  • Sea floor seep volume has decreased significantly
  • Surface sheen volume estimated to total 400 -- 650 barrels

Chevron Corporation today reiterated that its efforts to respond to oil seeps and a subsequent sheen in the vicinity of its Chevron-operated Frade project have been...
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Study Shows Significant Reductions in CO2 Emissions from Ships from IMO Measures

An IMO-commissioned study into the impact of mandatory energy efficiency measures for international shipping shows that implementation of the measures will lead to significant reductions of greenhouse gas (GHG) emissions from ships, specifically reductions of carbon dioxide (CO2), resulting from enhanced fuel...
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US Natural Gas Production Obsoletes Proposed Downeast LNG Project

The US Energy Information Administration (EIA) announced new information on November 8 that US domestic natural gas production is expected to reach record highs in 2012. Conversely, it also expects liquefied natural gas (LNG) imports to drop from a 2007 high of 770.8 billion cubic feet (bcf) for the entire year (2.111 bcf/day)[1] to an...
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Piracy: Costs More Than Just a Ransom

By OCEANUSLive and Jurica Ruic

“At the moment of the attack there were 78 people onboard and 1 million barrels of crude oil. I cannot imagine what could have happened if we did not...
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Coast Guard Reauthorization Bill Passes House

H.R. 2838, The Coast Guard and Maritime Transportation Act of 2011, passed the U.S. House of Representatives November 15th by voice vote.  

The bill is a fiscally responsible reauthorization of the U.S. Coast Guard, which includes programmatic reforms to help ensure the Service can better utilize resources and more...
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U.S. Secretary LaHood Visits Port of Savannah In Support of its Expansion Project

The Georgia Ports Authority, Georgia Gov. Nathan Deal and Atlanta Mayor Kasim Reed hosted U.S. Secretary of Transportation Ray LaHood today for a briefing on the Savannah Harbor Expansion Project and a tour of the Port of Savannah. 

LaHood, a strong advocate for ports around the country, spoke with state and local leaders...
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ABS Chief Executive Warns on Class Move into Ship Design

ABS President and Chief Executive Officer Christopher J. Wiernicki has warned that a move into ship design by some class societies creates a fundamental conflict of interest with their role as independent providers of safety approval and certification.

Wiernicki used his keynote address at the Houston Mare Forum USA conference...
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First Car Carriers With All-electric Cargo Handling Equipment Enter Service

MOL's new generation of 'eco-friendly' efficient PCTCs are entering service; they feature MacGregor RoRo access outfits from Cargotec and are the world's first car carriers to have all of their RoRo equipment electrically-driven

Cargotec's growing electric-drive RoRo reference portfolio now includes...
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Singapore Offshore Marine Conference Set to Answer the Difficult Questions

“The scope of Singapore-based offshore activities is broad and the offshore markets in Asia, with the island nation as the hub, have generally left the dark days of the 2008 crash behind them”

Excerpt from TradeWinds, Asia-Pacific Offshore Report: Singapore, July 2011

If the dark days...
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Alaska Awards Crowley Contract to Continue Monitoring Environmental Impact of Cruise Ships

The State of Alaska's Department of Environmental Conservation (ADEC) has announced that it has awarded a contract to Crowley Maritime Corporation to continue administering the State of Alaska's Ocean Ranger Program, effective November 2011.

The contract directs Crowley to recruit, hire, train and organize the...
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Newest MSC T-AKE-Class Ship USNS Medgar Evers Christened in San Diego

USNS Medgar Evers, the newest ship in the U.S. Navy's Lewis and Clark-class of dry cargo/ammunition ships operated by Military Sealift Command, was christened Nov. 12 during a morning ceremony at the General Dynamics NASSCO shipyard in San Diego.

With the traditional words, "I christen you USNS Medgar Evers,"...
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Resolve Refloats Perseverance Dry Dock in San Juan, Puerto Rico

RESOLVE Marine Group, Inc. successfully refloated the Perseverance dry dock in San Juan, Puerto Rico on October 27.  The dry dock sank on September 29 during maintenance/refit operations. During the sinking, the dry dock’s internal pumping system became inoperable due to flooding of the dock’s control station.  Also,...
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