Thursday, November 24, 2011

MarEx Newsletter | UN Urges Nations to Respond to Piracy, Oil Tanker Explodes off Nigeria

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UN Urges Nations to Respond to Piracy

On Tuesday the United Nations Security Council reiterated calls for a comprehensive global response to piracy at sea.

The Security Council condemned the attacks and robberies off the coast of Somali despite increased operations in the area. Member states and organizations were called to use their full capacity to fight piracy in accordance with international laws, including the deployment of naval ships, arms and military aircraft to deter attacks and apprehend pirates and their equipment.

The Council also...
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Corporate News Press Releases
Docked Oil Tanker Explodes off Nigeria

A huge explosion panicked the citizens of Lagos Island off Nigeria last night after a docked oil tanker undergoing repairs caught fire and exploded. 

The vessel has been identified as the MT Britaina-U which berthed at the Lagos marina on Monday. An eyewitness told Vanguard News that the vessel is reportedly owned by a...
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UPDATE: Brazil Oil Leak Flow Slows, Chevron Faces Huge Penalties

UPDATE: New developments in the Brazilian Chevron oil spill disaster estimate that penalty fines for the American company could exceed $145 million, almost triple the initial estimate reported earlier in the week.  

The Brazilian Environmental Agency has so far fined Chevron $28m, and has two more...
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Ship Seized in Black Market Fishing Investigation

After launching an investigation into a large scaled black market operation, fishery officers have seized a commercial fishing trawler, The New Fish II, as well as two refrigerated trucks in Tauranga, New Zealand. Snapper and a large amount of cash were also seized following searches of the crew’s homes.

The New Fish II,...
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Happy Thanksgiving From The Maritime Executive

The Maritime Executive wishes all readers across the globe who celebrate Thanksgiving a very happy holiday.  During this time of thanks, MarEx is thankful for the continued support and readership throughout the years.  

As to observe the Thanksgiving holiday, there will not be a...
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Carnival Cruise Employee Accused of Sexual Acts with a Minor

A Carnival Cruise Ship waiter working on the Liberty...
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Sailor Dies Aboard USS Essex off Bali Coast

US Navy 7th fleet officials say that a sailor died Wednesday onboard the USS Essex while the ship was at anchor off the coast of Bali.

The name of the male sailor is being withheld until family has been notified.

Officials say the sailor died from blunt trauma injury during a daily check of the ship’s weapons...
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American Tourist Dies on South American Cruise

The MS Veendam cruise ship, owned by Holland America, has docked in Rio de Janeiro after an American woman dies onboard. On that same ship, 86 passengers fell ill prior to the death with a mystery illness, according to CNN.

Although forensic doctors are holding an investigation into the death, the ship’s doctors are...
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Frontline Looks to Creditors for Help as Shares Fall

Frontline Ltd., the world’s largest operator of oil tankers is seeking talks with creditors as shares plunge to new lows.

The company’s says they may run out of cash next year, a realization that comes after eight months of losses. In a

Australian Parliament Jacks Up Maximum Oil Spill Fines

Late Monday, the Australian Parliament increased the maximum fines for ships spilling oil in their territorial waters from US$1 million to $11 million.  The shipping companies will also have to contribute to clean up operational costs.

The decision was passed late on Monday, and was in response to a Chinese coal carrier,...
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IMO Award for Exceptional Bravery at Sea Awarded to Captain Seog Hae-gyun of S. Korea

​Captain Seog Hae-gyun of the Republic of Korea, Master of the chemical tanker Samho Jewelry, has been presented with the International Maritime Organization (IMO) Award for Exceptional Bravery at Sea 2011, for his decisive, brave and courageous actions to protect his ship and crew during a...
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Louisiana Governor Announces Maritime International Moving Production from China to Louisiana

Governor Bobby Jindal says the move will create 90 new jobs in Louisiana

On Tuesday Governor Jindal and Maritime International President David LeBlanc announced that Maritime is moving production from China to Broussard, Louisiana. Parts of the plans include an...
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Wärtsilä Completes Unique Conversion of Vessel to LNG Operation

The product tanker ‘Bit Viking’ was the first vessel ever to undergo a conversion by Wärtsilä from heavy fuel oil to liquefied natural gas (LNG) operation. The conversion enables the ‘Bit Viking’ to qualify for lower nitrogen oxide (NOX) emission taxes under the Norwegian NOX fund scheme.

The...
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Port of Los Angeles Develops Recommendations to Participate in Global Clean Ship Program

The Port of Los Angeles is working with the International Association of Ports and Harbors (IAPH) to develop incentive program strategies to participate in the Environmental Ship Index (ESI) Program starting in 2012. ESI is an international web-based ship-rating system ports can use to promote clean ships by rewarding operators whose...
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Cruise Shipping Asia 2011 Called Success by Participants

The premiere edition of Cruise Shipping Asia closed on November 18th, with participants -- cruise line representatives and exhibiting companies -- agreeing the event holds great promise for the future of the cruise industry in the Asia-Pacific region. The three-day...
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STX Marine to Build 8 OSVs for Eastern Shipbuilding

STX Marine (STXM) is pleased to congratulate Eastern Shipbuilding Group on the award by Hornbeck Offshore Services Inc. for the design and construction of...
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Sixty Foss Vessels Honored For Environmental Excellence

Sixty vessels owned by the Seattle-based Foss Maritime Company are being recognized by a major maritime organization for their standout environmental records.

The Chamber of Shipping of America (CSA) announced the awards...
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