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Regulatory Changes at San Lorenzo

Dec 09, 2014

Inchcape Shipping Services is issuing guidance about new towage regulations affecting the port of San Lorenzo in Argentina.Effective from 15 December, and in accordance with local Coast Guard regulation PZBP R17 N° 07/14, all vessels mooring at the terminals Axion…

Congressman Introduces Bill Lifting Oil Export Ban

Dec 08, 2014

U.S. Representative Joe Barton will introduce a bill on Tuesday to lift the 40-year ban on exports of crude oil, but the measure has almost no chance of passing due to lawmaker concerns about fuel prices and costs to refiners.Barton, a Republican from Texas…

Crime DOES Pay: Denmark Compensates Suspected Pirates

Dec 08, 2014

Denmark has compensated nine Somalis suspected of trying to hijack a Danish ship in 2013 because they were detained too long before being brought before a judge, the public prosecutor's office said on Monday.Each defendant received $3,247 for the 13 days they were detained…

Energy Shares; Slowing China Exports Drag Wall Street Down

Dec 08, 2014

U.S. stocks declined on Monday, dragged lower by a big drop in energy shares and global growth concerns following soft data out of China and Japan. Energy was easily the worst-performing S&P sector, down 3.6 percent, as Brent crude fell…

China Eximbank Loans $875m for Container Terminal

Dec 08, 2014

China Eximbank has loaned Ivory Coast $875 million (approx.) for the construction of a second container terminal at Abidjan port, noted the port's  General Director.Ivory Coast plans to increase capacity at the port in its economic capital Abidjan…

Congressman Farr, NOAA's Spinrad to Co-Chair OCEANS '15

Dec 08, 2014

The Local Organizing Committee of the OCEANS ’15 MTS/IEEE Washington, DC conference and exhibition announced that Rep. Sam Farr, co-chair of the House Oceans Caucus (HOC), and Dr. Rick Spinrad, National Oceanic and Atmospheric Administration (NOAA) Chief Scientist…

Marine Lubricants Engineer Solves Problems

Dec 08, 2014

Shell’s MayMarie Culton Coaches Ship Owners to Achieve Championship Performance As a high school track and basketball star and power forward for the U.S. Merchant Marine Academy Mariners basketball team, Shell Marine Products engineer MayMarie Culton understands a thing or two about coaching…

USCG Credentialing and Mariner Medical Evaluations

Dec 08, 2014

MarineNews contributor (Captain) Jeff Cowan handicaps the current system of medical evaluations and credentialing by the U.S. Coast Guard. It’s not all smooth sailing.   “While the U.S. Coast Guard regrets any hardship merchant mariners may experience to maintain their credentials…

MarPro Profile: Margaret Kaigh Doyle

Dec 08, 2014

Vice President – Development, United States Maritime Resource Center Maritime Simulation Institute An hour spent with Margaret Kaigh Doyle is a high energy event, punctuated by her enthusiasm for everything she undertakes on a daily basis…

Maritime Crime Continues at Pace

Dec 08, 2014

In October, Dryad Maritime released the global latest piracy statistics. The Q3 maritime crime figures show that piracy is continuing across the globe at similar levels to Q2, with incidents of cargo theft in Southeast Asia continuing to rise…

Energy Sector Volatility Affects Middle Market M&A Activity

Dec 08, 2014

Market volatility for the petroleum sector provides a backdrop to an evolving Merger & Acquisitions environment for the Offshore Sector.In the 3Q edition of Maritime Professional, this series of articles examined the overall evolution of maritime and offshore M&A activity since 2010…

Errors Result in Claims Against Ship Agents

Dec 08, 2014

Careless errors by ship agents are resulting in costly claims, according to ITIC.In the latest issue of its Claims Review, ITIC cites the case of a ship agent which incorrectly calculated two pro-forma invoices in respect of port dues, using the cheaper rate for a cargo of malt…

RCCL: Bayley, Lutoff-Perlo take CEO Posts

Dec 08, 2014

Royal Caribbean Cruises Ltd (NYSE, OSLO: RCL) named two senior company executives to lead the company’s two largest brands. Michael Bayley, who worked his way up from an assistant purser’s position aboard the Nordic Prince, will serve as President and CEO of Royal Caribbean International…

Maritime Professional Q4 Edition Available

Dec 08, 2014

The Q4 edition of Maritime Professional -- with Buckley McAllister, fifth generation leader of McAllister Towing profiled -- is now available for download at:http://digitalmagazines.marinelink.com/nwm/MaritimeProfessional/201411/In addition to the McAllister profile…

Teekay On Board with RGU Ladies Football Sponsorship

Dec 08, 2014

Robert Gordon University’s (RGU) ladies football team has received a welcome boost this season with support from a leading energy operator. Norwegian-based company Teekay Petrojarl has agreed a $7,800 (approximate) sponsorship package for the team which has funded a new kit…

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