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Wicker: NDAA Bill Pursues Balanced Naval Force

Dec 20, 2013

U.S. Senator Roger Wicker, R-Miss., a senior member of the Senate Committee on Armed Services, has voted in favor of the FY2014 National Defense Authorization Act (NDAA). The legislation authorizes $625.1 billion in funding for America’s national defense…

Commissioner Doyle: China Clarifies VAT

Dec 20, 2013

Last week Commissioner William P. Doyle of the Federal Maritime Commission (FMC) briefed the full Commission with a report on his work seeking clarity and certainty on the People’s Republic of China’s (PRC’s) implementation of the Value Added Tax (VAT) as it relates to maritime commerce…

Teekay Offshore Issues $53.4 Million Equity Private Placement

Dec 20, 2013

Teekay Offshore GP LLC., the general partner of Teekay Offshore Partners L.P. announced  that it has agreed to issue 1.75 million common units in a private placement to an institutional investor for proceeds of approximately $53.4 million (excluding…

Bulk Carrier Mooring Fatal Accident Probed

Dec 19, 2013

UK MARS (Mariners' Alerting and Reporting Scheme} recently analysed the case of a fatal injury sustained by a seamen when the mooring rope of a 85,000 dwt mooring rope he was tending suddenly parted. BackgroundBefore arrival, the Master…

Captain Anders Pehrson Joins Marina Port Vell as Dockmaster

Dec 19, 2013

Marina Port Vell (MPV), Barcelona—set to become one of the world’s most elite superyacht destinations and, with phased marina completions throughout 2014, the pre-eminent home port in the Mediterranean—announced that Captain Anders Pehrson will join MPV as Dockmaster…

HME Offers Technical Superintendent Course

Dec 19, 2013

Technical superintendents are a vital point of contact for equipment suppliers and repair yards. They function as the link between vessel and shore, and play an important role in the purchasing of new parts and contracting repair activities…

Weston Appointed Manager at Survival Craft

Dec 19, 2013

Survival Craft Inspectorate (SCI), a global provider of emergency marine systems and support services, said it has made a key appointment as it targets further growth in 2014. David Weston has been appointed training and competence operations manager at the business…

Modern Compasses Improve Oil Production

Dec 19, 2013

By using the Earth’s magnetic field, combined with new innovative technology, oil and gas drilling companies are increasing oilfield productivity while reducing development costs and environmental impacts.This technology has applications across the world…

Former BP Engineer Convicted for Obstruction of Justice

Dec 19, 2013

Kurt Mix, a former engineer for BP plc, was convicted today of intentionally destroying evidence requested by federal criminal authorities investigating the April 20, 2010, Deepwater Horizon disaster.Acting Assistant Attorney General Mythili…

Metzger Appointed Managing Director at Geodis Logistics

Dec 19, 2013

Andrea Metzger has been appointed Managing Director of Geodis Logistics Northern Europe, an entity grouping the logistics activities of Geodis in Belgium, Germany, Ireland and the Netherlands.Andrea Metzger is a graduate of European Business School…

Globecomm Keeps Seafarers in Touch with Access Chat Crew

Dec 19, 2013

Globecomm Maritime, a provider of maritime communications solutions, is bringing crew closer to their friends and families with the launch of Access Chat Crew.Part of the Access Chat line of products, Access Chat Crew is a revolutionary way for seafarers to enjoy live video…

WISTA Russia Formed to Support Women in Shipping

Dec 19, 2013

WISTA President Karin Orsel announced the formation and accreditation of WISTA Russia, which has been developed under the leadership of prominent Russian executives.  The inauguration of this National WISTA Association (NWA) was held during…

Lloyd's Register Alert: New SOLAS Regulation II-1/8-1

Dec 19, 2013

SOLAS Regulation II-1/8-1 has been amended and will require operational information to be provided to the master after a flooding casualty to assist with decisions regarding safe return to port. The new requirement applies to passenger vessels…

Cavotec Listing on NASDAQ OMX Upgrades to Mid Cap Segment

Dec 19, 2013

As announced by the Stockholm NASDAQ OMX, engineering group Cavotec SA (CCC: Stockholm) is to be included in the NASDAQ OMX Mid Cap segment, upgrading its current Small Cap listing, with effect from January 2, 2014. The move highlights the group’s…

Friday Afternoon Mixup Costs Shipbroker

Dec 18, 2013

Specialist shipping intermediaries insurer ITIC says that the failure of shipbrokers to follow up on time-sensitive messages can have serious financial consequences, particularly in fluctuating spot markets.In its latest Claims Review, ITIC…

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