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VLCC Charterers Favored in STS Transfer Judgement

Jun 12, 2014

Specialist shipping law firm Clyde & Co says that a Court of Appeal decision whether owners had acted unreasonably in withholding their consent for the use of two nominated VLCCs in a Ship to Ship (STS) transfer of crude oil from another VLCC…

SMM 2014: Offshore, Recruiting Featured Topics

Jun 11, 2014

Offshore energy, whether oil, gas or wind, faces a tightening regime of restrictions. In Germany, for example, the German Federal Bureau of Maritime Traffic and Hydrography (BSH) recently updated its standards for offshore wind energy units…

Port Workers Suspend Strike at Argentina Grains Hub

Jun 11, 2014

A strike by port workers at Rosario, Argentina's biggest agricultural export hub, has been suspended, thanks to a government attempt to resolve a disagreement over wage hikes, a local business group said.The protest, which was holding up…

Trelleborg Welcomes Pianc Young People to Factory

Jun 11, 2014

On the 21st May, Trelleborg hosted a group of 50 PIANC Young Professionals in a visit to their Ridderkerk facility in the Netherlands, for a full factory tour and a series of presentations. The group enjoyed a presentation by Trelleborg Marine Systems’ EMSA Director…

New ISSA President Elected

Jun 11, 2014

ISSA – the International Shipsuppliers & Services Association – has elected a new President.Abdul Hameed Hajah from Singapore will succeed Jens Olsen from Denmark when the latter retires at the end of the year.At the Association’s Annual…

Fukushima Experimental Offshore Floating Wind Farm Project Progresses

Jun 11, 2014

A consortium made up of Marubeni (project integrator), the University of Tokyo (technical advisor), Mitsubishi, Mitsubishi Heavy Industries, Japan Marine United, Mitsui Engineering & Shipbuilding, Nippon Steel & Sumitomo Metal Corporation, Hitachi…

Ten Ships Detained in the UK in May

Jun 11, 2014

The Maritime and Coastguard Agency (MCA) announced that ten foreign flagged ships were under detention in UK ports during May 2014 after failing Port State Control (PSC) inspection.During May, there were four new detentions of foreign flagged vessels in UK ports…

Defective Marine Engine Leads to US$46-Million Legal Settlement

Jun 11, 2014

A week before the start of a scheduled three week jury trial, the law firm of Cunningham Bounds, LLC apprises it obtained a $46,000,000 settlement for its clients, Bender Shipbuilding and Repair Company, Inc. and an international ship operator…

Master Failed to Notify Ship Grounded: Fined in NZ Court

Jun 11, 2014

Maritime New Zealand inform that the master of the 177m Singapore-flagged cargo vessel 'Lake Triview' has been fined $2000 (plus $130 court costs) after pleading guilty to a charge of failing to notify Maritime New Zealand (MNZ) that the vessel…

AAPA Commends President Obama for WRRDA Enactment

Jun 11, 2014

After a 7-year hiatus in reauthorizing new U.S. water resources legislation, the American Association of Port Authorities (AAPA) says it commends President Obama for officially signing the 2014 Water Resources Reform and Development Act into law…

Panama Canal Expansion: More Lock Gates Arrive

Jun 11, 2014

The Panama Canal Authority (ACP) informs that the second shipment of four rolling gates for the Third Set of Locks to the waterway's Atlantic side has arrived from the Port of Trieste, Italy, on board the semi-submersible vessel 'STX Sun Rise'…

Bonaire Says Goodbye to Diving Legend, Captain Don Stewart

Jun 10, 2014

It is with great sadness that the island of Bonaire continues to mourn the loss of Captain Don. He was one of the pioneers of diving tourism on Bonaire and legendary in his own right.  Upon his arrival on Bonaire, 52 years ago, Captain Don…

Election of Statoil’s Board of Directors

Jun 10, 2014

In a meeting in the Corporate Assembly of Statoil ASA, Svein Rennemo was re-elected as chair and Grace Reksten Skaugen as deputy chair of the board of directors.Bjørn Tore Godal, Maria Johanna Oudeman, Jakob Stausholm, Catherine Hughes and…

Morgan Stanley Crude Oil Head Trader Resigns

Jun 10, 2014

Morgan Stanley's head of crude oil trading in New York, Tom O'Connor, resigned last week, a person familiar with the matter said.O'Connor was a managing director who ran the New York crude oil trading desk. He joined Morgan Stanley in 2000 as an associate…

Priorities and Challenges for Seafarers' Rights

Jun 10, 2014

SRI has hosted the latest in a series of initiatives to educate maritime law graduates and post graduates, and practising lawyers, on priorities and challenges around promoting and advancing the legal rights of seafarers.The seminar, held on Monday June 9…

Current News

OPEC+ Oil Production Rises in October, Nearing Pre-Iran War Rates

Paris Wheat Futures Rise With No Black Sea Deal in Sight

COSCO SHIPPING Development Orders 16 VLCCs

Asia Turns to African, Brazilian Oil as Shipping Costs Decrease

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