Thursday, December 1, 2011

MarEx Newsletter | Environmentalists Challenge Miami Port Dredging Project, Historic Shipwreck Found in Lake Michigan

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Environmentalists Challenge Miami Port Dredging Project

Environmentalists are protesting a project to dredge, widen and deepen the Port of Miami with the argument that the plans will threaten water quality, coral reefs and marine life.

Backers of the new project believe that once the Panama Canal is finally widened and brings larger freighters up north, this project will attribute an economic boom. Many American ports are competing in similar ways for business and to accommodate the larger cargo ships that will now be able to pass through. The opposition states that the financial benefits are much more unclear than the...
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Corporate News Press Releases
VIDEO: Historic Shipwreck Found in Lake Michigan Revealed

Divers have revealed a discovered shipwreck about five miles offshore between Saint Joseph and New Buffalo in Lake Michigan at the Michigan Maritime Museum. The boat is an 80-foot schooner that is believed to have been built in the early 1800s. It is currently buried to the deck in sand about 70 feet below the lake’s...
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Shipowners Join in Urging Maritime Carbon Levy

The International Chamber of Shipping (ICS) is joining campaign groups in urging climate talks in Durban. In helping to put a price on polluting emissions from ships, funding could then be raised to tackle global warming is the belief of the campaign.

The ICS is now giving its support to Oxfam and WWF who have been urging for a...
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Executive Achievement: Mark Bishop, President, Southern Transformers & Magnetics

Executive Achievement

Mark Bishop, President, Southern Transformers & Magnetics

How a would-be restaurateur became a world-class engineer.

By MarEx...
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Somali Pirates Awaiting Jury Ruling in Yacht Hijacking and Hostage Case

The fate of six suspected Somali pirates is currently in the hands of a French jury. The men were put on trial on charges of holding a French couple hostage aboard their yacht in 2008. Their yacht was intercepted off the Somalia coast while they were sailing from Australia back to France.

The couple was only freed after French...
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Port of Grimsby To Undergo Massive Dock Expansion

The Port of Grimsby, the UK’s busiest car-handling port, is to undergo a dock expansion with a huge investment of £25m. The expansion is the largest ever investment in the town’s docks.

Dock owners, Associated British Ports, said the money is to be used to construct a new terminal to handle an increase in car...
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CNOOC Group Plans China's First Floating LNG Storage Project

China National Offshore Oil Corp (CNOOC Group) will build the country’s first floating liquefied natural gas (LNG) facility off of Tianjin with two local companies, one being the Tianjin Port.

The Xinhua News Agency is reporting that the project, which is costing...
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Nitrogen Membrane Technology for the Prelude Project

Shell has appointed Norwegian-based Air Products to deliver Nitrogen Membrane Technology for Shell’s prestigious Prelude LNG Project to be launched outside Australia. Earlier this autumn, Air Products also received the order to supply its technology to the majority of all new LNG ships on order.

“Currently, we feel...
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92 Crowley Vessels Honored with Environmental Awards from the Chamber of Shipping of America

Crowley Maritime Corporation's continued focus on environmental preservation and protection was recently recognized by the Chamber of Shipping of America (CSA) in Washington, D.C., with certificates of environmental achievement for 92 vessels that are owned and/or operated by Crowley businesses. 

The awards ceremony...
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Third Fast Response Cutter Launched by Coast Guard

The U.S. Coast Guard’s third 154-foot fast response cutter, the William Flores, was launched at Bollinger Shipyards in Lockport, La.

Seaman Apprentice William Ray “Billy” Flores was honored posthumously with the Coast Guard Medal after he sacrificed his life to help his shipmates after a collision between his...
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Offshore Wind Farm Investments Under Launching

Greek Regulatory Energy Authority has asked the Transmission System Operator to proceed with improvements and revisions of plans for interconnection in the Aegean islands, paving the way for investments in off shore wind farms.

RAE said that there are 36 applications for wind parks with total power of 5266.25 MW, which were...
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Severn Trent De Nora to Supply BALPURE® Ballast Water Treatment System to ExxonMobil-operated LNG Carriers

The BALPURE system, which received Type Approval in July 2011, has been selected for use on four LNG carriers being constructed by Hudong-Zhonghua Shipbuilding for Mitsui O.S.K. Lines.

The Type-Approved BALPURE® ballast water treatment system from

Anadarko Announces Major Success Offshore Mozambique

Results Support Increased Recoverable Resource Range of 15 to 30+ Trillion Cubic Feet

Anadarko Petroleum Corporation announced the successful Barquentine-3 appraisal well encountered more than 662 net feet (202 meters) of natural gas pay in two high-quality...
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Horizon Lines Reaches Settlement in Puerto Rico Antitrust Litigation Claims

Claims Resolved for $13.75 Million

Horizon Lines, Inc. (OTCQB: HRZL) announced that it has entered into a settlement agreement with all of the remaining significant shippers who opted out of the Puerto Rico direct purchaser antitrust class action...
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