Saturday, December 3, 2011

MarEx Newsletter | Somali Pirates Release Singapore Tanker and Crew, EPA Sets New Standards for Ballast Water Treatment

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Somali Pirates Release Singapore Tanker and Crew, Hold Four Hostage

Chemical tanker, the MT Gemini, has been released by Somali pirates. The Glory Ship Management (Singapore) owned vessel is almost 30,000-tonnes and was carrying crude palm oil from Indonesia when it was hijacked 215 days ago off of Africa’s east coast.

However, the pirates have broken an agreement to release the entire crew. They have kept four South Korean seamen, including the ship’s captain, in captivity ashore and are believed to be in Somalia. Therefore, 21 out of the 25 crew members have been freed.

The crew included Indonesians, Chinese...
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Corporate News Press Releases
EPA Proposes New Standards For Ballast Water Treatment

The United States Environmental Protection Agency (EPA) has proposed regulations focusing on the prevention of invasive and destructive species from entering American waters via commercial ships. The species include zebra mussels, Asian carp and more.

Ocean-going ships fill internal tanks with pumped-in water to act as a...
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Stranded Ships and Major Shipping Losses Due to Danube Drought

The waters of the Danube River, one of Eastern Europe’s busiest transport routes, have become so low that dozens of cargo ships are now stuck, either stranded in fog or in sand banks.

A massive lack of rain has triggered the worst regional drought in years for this season. Meteorologists have no clear explanation as to...
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BP Spill Fund Doubling Compensation to Crab and Shrimp Fishermen

Kenneth Feinberg, administrator of the $20 billion BP victim fund from the 2010 oil spill, has announced that crab and shrimp fishermen along the Gulf may be eligible for much larger settlement payments than previously offered.

Under these new rules, the fishermen can have a final settlement equal to four times their...
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Royal Navy Arrests Seven Suspected Pirates in Indian Ocean

After helping a Spanish fishing vessel in the Indian Ocean, the Royal Navy has arrested 7 suspected pirates between Somalia and the Seychelles, according to the Ministry of Defence. Royal Auxiliary Fleet Ship Fort Victoria had Royal Marines onboard.

The ship’s navy helicopter shot at two suspected pirate vessels and was...
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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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Maritime Union Begins Strike at Fremantle Port

Fremantle Ports, who operate the harbor servicing Western Australia, is beginning its 2-day labor union strike in demand for higher pay. As of yet, shipping movements have not been affected due to this, although 34 scheduled movements including cargo vessels, bulk carriers and container ships are all due to arrive through the...
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Anadarko Announces Large Natural Gas Discovery in Gulf of Mexico

U.S. independent oil and natural gas produces, Anadarko Petroleum Corp., has announced the find of more natural gas than initially expected at its Cheyenne East project in the Gulf of Mexico. There were more than 50 feet of gas-bearing rock discovered, exceeding expectations.

This is Anadarko’s first find in the Gulf...
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Coast Guard Explores Fuel Delivery Options in Nome, Alaska

The Coast Guard is continuing to work with the city of Nome to explore options to find a solution to their fuel crisis.

The Coast Guard was notified that the last shipment of fuel expected to arrive in Nome was cancelled because of last month's severe winter storm. The ice sheet has created significant challenges for the...
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Navy to Christen Submarine Mississippi

The Navy will christen its newest attack submarine Mississippi, Saturday, Dec. 3, during an 11 a.m. EST ceremony at General Dynamics Electric Boat in Groton, Conn. The Honorable Ray Mabus, secretary of the Navy, will deliver the ceremony’s principal address. Allison Stiller, deputy assistant secretary of the Navy for ship programs,...
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Maritime Administration Releases New Designs for Shipping Vessels on America’s Marine Highways

Vessels Could Create Jobs and a New Market for U.S. Shipbuilders

The U.S. Maritime Administration released a report detailing new designs for shipping vessels specifically engineered for America’s Marine Highways.  Production of these efficient, environmentally-friendly vessels...
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BOURBON Strengthens Its Positions in Offshore Wind

BOURBON Strengthens its Positions in Offshore Wind by Installing an Innovative Structure off the Coast of Portugal

BOURBON has installed a semi-submersible wind turbine. This groundbreaking project confirms the Group's capacity to adapt to...
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