MarEx Newsletter | Cruise Ship Collides with Cargo Ship, BP to Sell Venezuela and Vietnam Business

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October 19th, 2010 Vol. 8, No. 78

Cruise Ship Collides with Cargo Ship Costa Cruises has cancelled the Costa Classica’s next voyage after it collided with a cargo ship around 4:45 a.m. Monday. The 52,926-ton cruise ship was travelling through the deep-water channel of the Yangtze River when it collided with the 86,848-ton Belgian-flagged bulk carrier LOWLANDS LONGEVITY. The cruise ship suffered scratches and a gash, reportedly 20 meters long on its starboard side. Ten passengers onboard suffered minor injuries and were treated at a nearby Shanghai medical facility. The cruise ship docked in Shanghai around 10 a.m. Shortly thereafter the Italian cruise line cancelled the remainder of the cruise which was set to depart from Shanghai Monday ... Read More>>>Back to Top Bulk Carrier Released After Nearly Six Months EU NAVFOR and the Department of Foreign Affairs report that the Panamanian-flagged MV VOC DAISY and her crew of 21 Filipinos were released Sunday, October 17, after being held captive for nearly six months. The bulk carrier was travelling 190 nautical miles south east of Salalah, Oman when it was hijacked on April 21, 2010. The crew is reportedly in good health. The vessel is owned by Middleburg Properties Ltd. and operated by J.P. Samartzis Maritime Enterprises Co. S.A. Back in April four Somali pirates armed with AK-47’s boarded the MV Voc Daisy and cut her communication lines. It is unknown if a ransom was ... Read More>>>Back to Top Recent OP ED's In case you missed them, here are the most recent OP ED's from MarEx's Editor-in-chief Tony Munoz. A Brave New World- New Rules for Drilling in the OCS October 14, 2010 The Obama Administration says the US drilling moratorium is over, but implementation of “New Rules” might delay operations until mid-2011. While Interior Secretary Salazar was announcing the government was removing the ban on OCS drilling, Michael Bromwich of the Bureau of Ocean Energy Management (BOEM) said his agency will not be granting permits until the end of the year or whenever it deems appropriate safeguards are in place. Unquestionably, Americans have ... Read More>>>Back to Top BP to Sell Venezuela & Vietnam Businesses to Meet Oil Spill Obligations BP announced Monday, that it has reached agreement to sell its upstream businesses and associated interests in Venezuela and Vietnam to TNK-BP for a total of $1.8 billion. TNK-BP, Russia's third largest oil company, is owned equally by BP and the AAR Consortium (comprising Alfa Group, Access Industries and Renova). The agreement includes BP's interests in the Petroperijá, Boquerón and PetroMonagas joint ventures in Venezuela and, in Vietnam, BP's 35 per cent operating interest in the Lan Tay and Lan Do gas fields and associated pipeline and power generation interests. The sales are part of BP's plan, announced in July 2010, to make divestments of up to $30 ... Read More>>>Back to Top President Obama Signs Coast Guard Authorization Act of 2010 On Friday, President Obama signed into law the Coast Guard Authorization Act of 2010. The signing of this bill gives the Commandant of the Coast Guard, Admiral Bob Papp, authorities to make changes and operate the Coast Guard to better serve the public. “The Coast Guard Authorization Act of 2010 provides us with authority to enhance the safety of U.S. ports and waterways, acquisition assistance to acquire state-of-the-art ships and aircraft to patrol America’s waters, and tools to promote individual readiness, including improvements to our family housing and child development centers,” said Adm. Papp in an ALCOAST on the subject adding, “I am particularly pleased with the modernization authority—it will allow ... Read More>>>Back to Top Cargo Ship That Sank Was Carrying Supplies for Haiti On Wednesday, October 7 the Coast Guard responded to a mayday call from the MYSTIC a 206 ft. cargo ship. The ship was carrying medical supplies from Miami to Haiti when she struck a submerged object. Crew onboard reports that the vessel began taking on water and their efforts to pump the water out were not enough to keep up with the flow. The Coast Guard cutter, Nantucket, arrived on scene but harsh conditions prevented the Coast Guard from nearing the ship. After more than two hours the Mystic was able to weigh anchor and shift to the western side of the cay, where seas were calmer. The ... Read More>>>Back to Top One Million and Counting: Panama Canal Authority Commemorates History Panama Canal Authority (ACP) Operations Executive Vice President Manuel Benítez awarded the vessel Fortune Plum with a plaque yesterday, commemorating the ship as the one-millionth transit through the Panama Canal since its inauguration in 1914. The ceremony, held at the Miraflores Locks, included all Canal staff that worked September 4, the day of the historic transit, and also recognized the ship’s operator STX Pan Ocean. “We are extremely honored to commemorate the one-millionth transit through the Panama Canal,” said Mr. Benítez. “For more than 96 years, this vital waterway has served world trade, and we will continue this tradition of safe, reliable and efficient service. Today, we also ... Read More>>>Back to Top Tidewater Signs $100M Construction Contract with Drydocks World Tidewater Inc. (NYSE: TDW) recently announced that it has entered into a contract with Drydocks World for the construction of four 265-foot deepwater platform supply vessels at its shipyard in Batam, Indonesia. The delivery of these high-performance, high-capacity, 3,200 metric ton deadweight platform supply vessels is estimated to begin in April 2012 and conclude in late 2012. The contract price of the four vessels totals approximately $100 million, exclusive of some owner-furnished equipment. The agreement with Drydocks World also provides options, at Tidewater's discretion, for the construction of up to four additional vessels of similar specifications and at similar pricing. Jeff Platt, Chief Operations Officer of Tidewater Inc., commented, "We are ... Read More>>>Back to Top Teekay Announces Signing of New FPSO Contract With Petrobras Teekay Corporation (Teekay or the Company) (NYSE: TK) today announced that it has signed a new fixed-rate contract with Petroleo Brasileiro SA (Petrobras) to provide a floating production storage and offloading (FPSO) unit for the Tiro and Sidon fields located in the Santos Basin offshore Brazil. The contract with Petrobras will be serviced by a new converted FPSO unit, to be named the Petrojarl Cidade de Itajai, which is currently under conversion from an existing Aframax tanker at the Sembcorp Marine’s Jurong Shipyard in Singapore. The vessel, which was partially converted prior to the Company’s project bid, is expected to be completed for an estimated total cost of approximately $370 million. ... Read More>>>Back to Top Chemoil Secures Financing to Complete Its Largest Storage Facility Fujairah terminal is one of the largest terminals to be built in the Middle East GPSChemoil has announced that the financing of the construction of phase four of its storage terminal at Fujairah, United Arab Emirates, has been successfully arranged. GPSChemoil is a joint venture company between Gulf Petrol Supplies LLC, a subsidiary of the Fujairah National Group, and Chemoil, one of the world’s leading suppliers of Marine Fuel. GPSChemoil finalized the financing of US$90 million loan from a consortium of banks in Abu Dhabi, Dubai and Singapore. The multi-currency loan was structured through a combination of Islamic and conventional loan tranches, with HSBC Bank Middle East Limited ... Read More>>>Back to Top Ridge Global Names Amit Yoran to Board of Advisors Ridge Global, an international provider of security and risk management services, announced the appointment of Amit Yoran, CEO of Netwitness Corporation, to the company's board of advisors. “Amit Yoran brings exceptional skills, insights and experience to the areas of cybersecurity, risk management and national security," said Tom Ridge, president and CEO of Ridge Global. "As cyber threats continue to deepen, sharpen and multiply throughout the world, Amit's capabilities will help us further address our clients' growing cybersecurity needs." Amit Yoran serves as the Chief Executive Officer of NetWitness Corporation, a leading provider of network security analytic products. He is a Commissioner of the CSIS Commission on Cyber Security ... Read More>>>Back to Top Brinker Achieves Industry Accolade UK-based oil and gas technology company Brinker Technology has won the accolade for best well intervention solution at the prestigious 9th annual World Oil awards. The awards recognise leading industry players and innovations that represent the best technological achievements or contributions over the last year. The finalists were announced last night (14 October 2010) at a ceremony held in Houston. Brinker won the prestigious accolade for its patented Platelet Barrier Technology™, which is changing the face of the rigless-thru wellhead workover market. Platelet Barrier Technology™ deploys free-floating discreet particles called ‘Platelets®’ into a flowing system. The Platelets® are specifically engineered for the size of the ... Read More>>>Back to Top Highlights from the AMS Annual Membership Conference The October 7th Annual Membership Conference for members of American Maritime Safety, Inc., was not officially billed as a 23nd anniversary event. Nevertheless, the story of AMS, an organization established by a group of U.S. based vessel owners and operators, is worthy of special mention. Indeed, this New York based Maritime Consortium has rapidly expanded in scope since its founding in 1988. From humble beginnings in New York, AMS has grown to over 400 vessel owners and operators and is now recognized as the leading industry association on regulatory compliance in the U.S. Highlights from the Conference included an informative presentation from Louis Meltz, a lawyer by training and the president ... Read More>>>Back to Top The Psychology of Marine Engineering The risk of human error is an ever present danger in the maritime environment effecting sectors such as commercial shipping, the cruise line industry, offshore oil and gas as well as maritime defence and protection services (Navy and Coast Guard). More than 90% of collisions, over 80% of tanker accidents, 79% of towing vessel groundings and 75% of fires and explosions have been attributed to human error. All of these events can have a monumental impact on a maritime organisation’s operational capability and ability to conduct the required missions. Not least is the personal injury, disability or the tragic loss of life that can be caused by human error-related accidents, along with the costs ... Read More>>>Back to Top Global Diving & Salvage, Inc. Welcomes New Construction Estimator Seattle-based Global Diving and Salvage has hired Renee Gowdy as Lead Estimator. In this position, Ms. Gowdy will be responsible for developing estimates and proposal production within Global’s Marine Construction Division for Federal, State, Local and civil customers as well as other key markets. Gowdy joins the department with an extensive educational and professional background in the estimating and preconstruction development process. She brings to Global significant expertise in preparing submittals for projects in commercial, municipal and government markets and data base management. She was previously employed by General Construction and Kiewit Bridge and Marine. "Renee’s addition to the Marine Construction Division not only strengthens our abilities to estimate work within ... Read More>>>Back to Top MITAGS-PMI Management, Communication & Leadership Course Maritime Institute of Technology and Graduate Studies - Pacific Maritime Institute Success in today’s marine environment takes more than just technical competence. Leadership, interpersonal conduct and communication skill sets are crucial. This 4-day course is designed to address those essential elements missing from the maritime industry’s extensive professional training requirements. Course topics include: ■■ Leadership versus Management ■■ Workforce Generational Differences ■■ Communications – Verbal, Written, Electronic ■■ Conducting Effective Meetings ■■ Interpersonal Conduct ■■ Safety Management Culture and Risk Management ■■ Human Resources, Investigations, Disciplinary Methods, and Reports ■■ Time Management Pre-Requisite: None. This course is recommended for: Mariners ...   Read More>>>Back to Top Putting a Price Tag on Piracy The Actuarial Profession released the following report on Monday: True cost of maritime piracy is still uncertain Despite attacks by Somali pirates on international shipping in the Gulf of Aden making headlines across the world, the true cost of these attacks to the maritime insurance industry are still uncertain, according to a new report published by the Actuarial Profession. The report, which will be unveiled at the Profession’s General Insurance Research Organisation (GIRO) conference in October, will argue that the scarcity of statistics on maritime piracy make the estimation of risk difficult. Neil Hilary, a staff actuary with the Profession and one ... Read More>>>Back to Top PMI Introduces the Continual Improvement Workshop Series Successful Safety Management - A Practical Primer This 2 Day workshop is an overview of important Safety Management topics. This course combines in-depth knowledge with a practical approach to provide a better understanding of the safety management system process. Successful Safety Management – A Practical Primer Has your safety management system grown into a monster that is difficult to manage and understand? Have we lost the meaning and intent by overcomplicating with special interest and bureaucracy? Can we reduce the paper and be safer? Together, let’s explore the benefits of getting back to basics to ensure successful safety management. Objectives ■ Learn and ...   Read More>>>Back to Top Coast Guard Foundation Director Receives U.S. Coast Guard Distinguished Public Service Award Clay Maitland Honored at 30th Annual Coast Guard Foundation Salute in New York City The Coast Guard Foundation, a non-profit organization committed to the education, welfare and morale of all Coast Guard members and their families, announced today that board member, Guy Edison Clay Maitland, was the recipient of the Coast Guard’s Distinguished Public Service Award. Presented by Coast Guard Commandant ADM Robert Papp, the honor for “personal and direct contributions” was bestowed following remarks at the Foundation’s 30th Annual Salute to the United States Coast Guard, which took place on Tuesday, October 5, 2010 in New York City. Highlighting his fifteen years on the Foundation’s National Board of ... Read More>>>Back to Top

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MarEx Newsletter | New Rules for Drilling in the OCS, Salazar Says Drilling Can Resume

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October 14th, 2010 Vol. 8, No. 77

Pirates Release Government Minister Puntland’s Fisheries and Seaports Minister Said Mohamed Rage and his staff have been set free, two days after their convoy made its way through pirate territory. On Monday, a gunfight insued when pirates attacked the ministers convoy as it was headed for Garaad, a well-known pirate haven in central Somalia. Pirates reportedly ambushed the minister’s convoy because they thought he was there to expel them from their coastal base. One of the minister’s guards and a civilian bystander were killed in the attack. The minister was traveling to the well-known pirate base to meet with local elites about eradicating piracy in the region. Read More>>>Back to Top LISCO Gloria Fire Being Investigated Salvage experts and investigators are inspecting the burnt hull of the passenger ro/ro LISCO GLORIA to determine whether or not a criminal act is responsible for a fire over the weekend. Just two hours after leaving the port of Kiel on October 8, a passenger onboard the LISCO Gloria reported seeing smoke coming from one of the trucks on the upper deck and attempted to contain the fire. Heavy smoke forced the passenger to flee the area. Fuel from the trucks caused an explosion, engulfing the ship in flames. Passengers, truck drivers, and crew onboard, who were headed to Klaipeda at the time of the incident, were evacuated onto other vessels and ... Read More>>>Back to Top OPED: A Brave New World- New Rules for Drilling in the OCS The Obama Administration says the US drilling moratorium is over, but implementation of “New Rules” might delay operations until mid-2011. While Interior Secretary Salazar was announcing the government was removing the ban on OCS drilling, Michael Bromwich of the Bureau of Ocean Energy Management (BOEM) said his agency will not be granting permits until the end of the year or whenever it deems appropriate safeguards are in place. Unquestionably, Americans have witnessed one of the most catastrophic environmental events in US history and there absolutely needs to be a complete review of standards for operations in deepwater. But, the administration essentially shut down the entire GOM by slowing the permitting process over ... Read More>>>Back to Top Salazar: Deepwater Drilling May Resume Secretary of the Interior Ken Salazar has determined it is appropriate that deepwater oil and gas drilling resume, provided that operators certify compliance with all existing rules and requirements, including those that recently went into effect, and demonstrate the availability of adequate blowout containment resources. Secretary Salazar reached his decision after reviewing a report from Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEM) Director Michael R. Bromwich and considering other information on the progress of offshore oil and gas safety reforms, the availability of spill response resources, and improved blowout containment capabilities. “In light of the Deepwater Horizon oil spill, we must continue to take a cautious ... Read More>>>Back to Top European Commission Following US Lead on Offshore Drilling The European Commission is calling for stricter safety guidelines for offshore drilling and released the following statement yesterday: Safety is non-negotiable. The EU needs common legislation for offshore oil and gas platforms, reducing the risk of an environmental disaster in European waters. After the catastrophic explosion of a US drilling rig in the Gulf of Mexico earlier this year, the commission took a hard look at EU safety and environmental standards for the oil industry. It found that safety standards are generally high, though there are gaps in legislation, mostly due to differing standards between countries. Rules often vary from company to company. Read More>>>Back to Top Winston & Strawn Maritime Briefing October 2010 Please click here to view the Washington Insider's column from the latest edition of The Maritime Executive. Winston & Strawn partner Larry Kiern reports on controversial maritime topics. This month's column focuses on the likely impact of the mid-term elections on Washington, D.C. policy makers. For more information on this and other topics, please do not hesitate to contact Larry Kiern via email at LKiern@winston.com. Read More>>>Back to Top Putting a Price Tag on Piracy The Actuarial Profession released the following report on Monday: True cost of maritime piracy is still uncertain Despite attacks by Somali pirates on international shipping in the Gulf of Aden making headlines across the world, the true cost of these attacks to the maritime insurance industry are still uncertain, according to a new report published by the Actuarial Profession. The report, which will be unveiled at the Profession’s General Insurance Research Organisation (GIRO) conference in October, will argue that the scarcity of statistics on maritime piracy make the estimation of risk difficult. Neil Hilary, a staff actuary with the Profession and one ... Read More>>>Back to Top Statement of the ILO Director-General on the Rescue of the Chilean Miners It is an emotional moment as the rescue of 33 Chilean miners proceeds and the world breathes a sigh of relief and admiration. Both as Director-General of the ILO and as a Chilean, I share joy of millions of people all over the world at the return of these heroes from the depths of the earth. Behind this impressive achievement we have to admire above all the calm, courage, organization and love of life displayed by the miners. Their fortitude in the face of disaster, which has amazed us all, was a constant encouragement for the rescue efforts. They have my most profound respect. No less exceptional has been ... Read More>>>Back to Top Jordan's King Inaugurates Port Project His Majesty King Abdullah II Inaugurates the Berth Expansion Project and the new gantry cranes at ACT His Majesty King Abdullah II conducted a field visit to the Aqaba Container Terminal (ACT), the Kingdom’s primary connecting hub to the international shipping lines of the Red Sea and beyond, to inaugurate the activities of the terminal’s berth expansion project and the operation of its two newly installed Ship-To-Shore (STS) cranes. His Majesty was joined by the Chairman of ACT Mohammed Alturk, the Chief Commissioner of the Aqaba Special Economic Zone Authority (ASEZA) Mohammed Saqer, as well as the Prime minister Samer Refaei and the Royal Court Chief Nasser Lozi and ... Read More>>>Back to Top BOURBON Receives High Honors At Seatrade China Seatrade China Awards 2010 honors Huang Pingtao with Lifetime Achievement Award Over 200 top shipping executives gathered at the Shangri-La Hotel in Dalian tonight to honour 17 well-deserving award winners at the inaugural Seatrade China Awards. The rapid development of the China maritime industry makes it a timely entrance for the Seatrade China Awards to recognise industry forerunners who have made significant contributions over the past 12 months in this hugely important market. The presence of Chinese heavyweights at the black tie gala dinner event generated much excitement and buzz in the Grand Ballroom of the Shangri-La hotel, Dalian. The gala evening was capped off with ... Read More>>>Back to Top James L. Henry Named Maritime Person of the Year The International Propeller Club of the United States names James L. Henry the Maritime Person of the Year at its international convention last week in Tampa, Fla. Henry is Chairman and President of the Transportation Institute, a leading maritime industry association. Henry is also a founding Board Member of the Maritime Cabotage Task Force, the largest coalition ever to promote America’s Jones Act fleet. The award, which the Club awards annually, recognizes the awardee’s contributions to the commercial maritime industry in the United States and internationally. Previous awardees have included Art Bayer, a leading figure in the inland industry, and Vice Admiral A.J. Herberger, U.S. Navy (Retired), former Maritime Administrator and Deputy ... Read More>>>Back to Top Lanier Re-Appointed to Port Commission of the Port of Houston Authority Prominent civic leader and Harris County appointee to serve third term HOUSTON – The Port of Houston Authority announced that Elyse Lanier has been re-appointed to serve as a member of the Port Commission, its governing body. The vote on October 12 by the Harris County Commissioners Court was unanimous. Commissioner Lanier was initially appointed to the Port Commission in February 2006. Port Commissioners serve two-year terms without pay. “Elyse Lanier is a prime example of the kind of people that make Houston and Harris County such a wonderful place to live and work,” said Harris County Judge Ed Emmett. “Elyse has dedicated her entire lifetime to her community, ... Read More>>>Back to Top Caribbean Shipping Association Elects Carlos Urriola President The Caribbean Shipping Association (CSA) unanimously re-elected Carlos Urriola Tam of Panama for a second consecutive term as President. Grantley Stephenson of Jamaica was also re-elected Vice President. Elections took place on, October 11, the first day of the CSA’s 40th Annual General Meeting in Montego Bay, Jamaica. The meeting and conference, hosted by the Shipping Association of Jamaica, ends on Wednesday October 13. The leadership of three of the constituent groups of the CSA were also returned to serve one more year on the Association’s General Council. Group A includes Ship Agents and private stevedores; Group B includes port and terminal operators; and, Group C includes ship owners ... Read More>>>Back to Top MITAGS-PMI Management, Communication & Leadership Course Maritime Institute of Technology and Graduate Studies - Pacific Maritime Institute Success in today’s marine environment takes more than just technical competence. Leadership, interpersonal conduct and communication skill sets are crucial. This 4-day course is designed to address those essential elements missing from the maritime industry’s extensive professional training requirements. Course topics include: ■■ Leadership versus Management ■■ Workforce Generational Differences ■■ Communications – Verbal, Written, Electronic ■■ Conducting Effective Meetings ■■ Interpersonal Conduct ■■ Safety Management Culture and Risk Management ■■ Human Resources, Investigations, Disciplinary Methods, and Reports ■■ Time Management Pre-Requisite: None. This course is recommended for: Mariners ...   Read More>>>Back to Top SpecTec and Corena Announce Breakthrough in Shipdex Orders The three companies CORENA, SpecTec Group and Intership Navigation are proud to announce the first purchase of the AMOS Shipdex sup¬plied by SpecTec Group and powered by Corena. The AMOS Shipdex Suiteis the first system on the market for the pro¬duction, management, use and validation of technical information developed in accordance with the Shipdex Protocol. It is an integrated suite of software tools giving ship owners and operators the benefits of major cost savings in terms of better data quality and improved electronic use. The Shipdex Protocol contains a set of business rules, especially designed for the shipping community, specifying how this industry shall implement the well-known S1000D specification ... Read More>>>Back to Top 'Videotel TV' Goes Live Videotel Marine International, the world’s major producer of training videos, DVDs and computer based training programmes for the global maritime industry, is demonstrating its expertise in an exciting new format with the launch this month of its Videotel TV. Available via Videotel’s popular website – www.videotel.co.uk/news/videotel_tv/ – Videotel TV will launch with a range of news features including: • Interview with former IMO Secretary General Bill O’Neil. Now President of Videotel, Bill discusses the changes he has witnessed in the shipping industry over his long career • Coverage of a number of significant maritime events from this summer, encompassing The Outstanding Filipino Seafarers Award, the ...   Read More>>>Back to Top PMI Introduces the Continual Improvement Workshop Series Successful Safety Management - A Practical Primer This 2 Day workshop is an overview of important Safety Management topics. This course combines in-depth knowledge with a practical approach to provide a better understanding of the safety management system process. Successful Safety Management – A Practical Primer Has your safety management system grown into a monster that is difficult to manage and understand? Have we lost the meaning and intent by overcomplicating with special interest and bureaucracy? Can we reduce the paper and be safer? Together, let’s explore the benefits of getting back to basics to ensure successful safety management. Objectives ■ Learn and ...   Read More>>>Back to Top SPP Group Announces Combined Orders Worth $660 Million Reuters reports that Unlisted SPP Shipbuilding and SPP Plant & Shipbuilding have received $660 million worth of orders to build 15 ships. The parent company SPP Group released a statement Monday, announcing the contract to build 15 ships including seven bulk carriers to be delivered to unidentified European and Turkish shipping companies between 2012 and 2014. Source: Reuters; Photo: SPP Group Shipyard Read More>>>Back to Top Royal Navy Intercepts Pirates The Royal Navy reports that their warship, HMS MONTROSE, disrupted a group of pirates from entering the Indian Ocean to attack ships travelling in international shipping lanes. The warship, part of the NATO’s counter-piracy mission, responded to reports of suspicious men in a small boat off the Somali coast. The HMS Montrose launched her helicopter and spotted several fuel drums and ladders onboard the pirate’s boat, which was also pulling two smaller skiffs behind it. Once spotted, four of the pirates attempted to flee on one of the smaller skiffs while the remaining six began throwing their ladders and other paraphernalia overboard. A ... Read More>>>Back to Top FURUNO INS Training Center Charting the Course The first training centre in the world to receive certification of the IBS/INS IMO Model Course 1.32 from DNV SeaSkill™ This August 2010 FURUNO INS Training Center was the first training centre in the world to have the training course “IMO Model Course 1.32 Operational use and understanding of Integrated Bridge Systems (IBS), including Integrated Navigation Systems (INS)” certified by DNV SeaSkill™. “The navigation systems are becoming more and more sophisticated and provide a wider range of information to the user. Many tasks that were handled manually in the past are now automatically processed, and other systems like power management, engine automation, etc., are all integrated. It is a ... Read More>>>Back to Top Cargo Ship Runs Aground in Gulf of Bothnia The Dutch-flagged cargo ship NORDLAND, ran aground late Tuesday night off the southwest archipelago at the entrance to the Gulf of Bothnia. The Finnish Border Guard was on scene Wednesday, monitoring the ship and the13 crew members onboard. Officials reported the ship was taking on water, but was not in danger of sinking. The 7750 dwt general cargo ship, owned by Feederlines BV, was not carrying any cargo at the time of the incident. Divers and a tugboat were on scene to assess the damage and decide whether or not the vessel could be refloated. Read More>>>Back to Top Bjørn Remøy Appointed New Managing Director of BON Bjørn Remøy, 47, has been appointed new Managing Director of Bourbon Offshore Norway (BON). Presently, Remøy is Deputy Managing Director of BON. He has previously been both Operational Director and HSE Manager of the same company. He is an educated Master Mariner and has served as Captain on offshore vessels. The new appointment will take effect from the end of this year. Remøy will succeed Trond Myklebust who has accepted the position as Managing Director/ CEO of a non- rivaling company. BOURBON OFFSHORE NORWAY AS is a fully integrated offshore supply ship owning company. The Company is a member of the BOURBON group, a leading player within offshore shipping ... Read More>>>Back to Top

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