AKD says the lack of an unambiguous term to describe a ‘ship’ in several jurisdictions represents a potential threat to asset security for financiers, particularly in the offshore and renewable energy sectors.AKD partner Haco van der Houven van Oordt says…
An executive of Japan-based Kawasaki Kisen Kaisha Ltd. (K-Line) was sentenced to 18 months in a U.S. prison after pleading guilty to his involvement in a conspiracy to fix prices, allocate customers and rig bids of international ocean shipping services for roll-on…
Brazil's government has selected Murilo Ferreira, the chief executive officer of miner Vale SA, to head the board of state-run Petroleo Brasileiro SA, according to a filing from the oil company on Friday.The board will vote on the nomination at a shareholder's meeting on April 29…
The head of the U.S. Chemical Safety Board has resigned weeks after lawmakers with oversight of his agency accused him of hostility toward his staff, a White House official said on Thursday.Rafael Moure-Eraso stepped down from his role as chairman of the CSB…
Russia has for the first time put forward a candidate to compete for the post of IMO Secretary General The Russian Federation has nominated Vitaly Klyuev, Russia’s Deputy Director of the Department of State Policy for Maritime and River Transport…
Resilience is defined generally as the ability to recover quickly from setbacks. Setbacks are inevitable. Individuals and entities are best judged by their resilience – their ability to get back on track after experiencing a reversal. The…
Rail transport activists, analysts and environmentalists get a real taste of what the waterfront has endured for decades. They’ll just have to get in line with the rest of us. This week finds the collective domestic oil industry wringing…
I had never personally met with U.S. Coast Guard Commandant Admiral Paul Zukunft before I sat with him in his office at Coast Guard headquarters in Washington, D.C., last month, but having sat with a long list of government, military and corporate leaders in my time…
The United States Senate confirmed William P. Doyle to another term in office as a Federal Maritime Commissioner on the evening of March 23, 2015. The vote was a unanimous 89 in favor, 0 opposed, and 11 senators not voting. Upon confirmation…
The fishing vessel industry fatality rate is 30 times higher than the average of all U.S. industries. To address this, U.S. legislation requires that all new fishing vessels larger than 50 feet must be built to classification rules. DNV GL is…
Secretary of the Navy Ray Mabus arrived on Iwo To, the island formerly known as Iwo Jima, March 21 to attend the 70th anniversary commemoration of the Battle of Iwo Jima.On the island where, in 1945, the United States and Japan met in conflict…
A new diesel generator simulator has been delivered to Pearl Harbor naval facilities by the TechSolutions program at the Office of Naval Research (ONR), officials at ONR announced March 18. High-fidelity 3D software will allow Sailors…
America’s maritime strength depends upon U.S. merchant mariners who serve aboard ocean-going commercial, sealift, and military vessels. That’s why the Maritime Administration (MARAD) places such a high priority on education at the United States…
Mayor, Supervisor & City Council President Propose Blue Tech Incubator As part of a new blue tech vision that will create more maritime jobs for the San Diego region, Mayor Kevin L. Faulconer and County Supervisor Greg Cox today proposed…
U.S. Secretary of the Interior Sally Jewell will travel to New Orleans on Wednesday, March 18, 2015 to attend and open bids at an oil and gas lease sale offering 41.2 million acres for exploration and development in the Central Planning Area offshore Louisiana…