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Friday, June 18, 2021

Proposed USCG STCW Regulations Impact Maritime Security

Posted to Maritime Transportation Security News and Views (by John C.W. Bennett) on September 29, 2011

Proposed US Coast Guard regulations to implement the STCW Convention will, if adopted, have both direct and indirect impacts on maritime transportation security programs. That said, implementation of the maritime-security-specific STCW amendments…

Not much to look forward to this year for oversupplied carriers

Posted to Far East Maritime (by Greg Knowler) on April 29, 2011

The first quarter results have been coming in over the last month and they are a mixed bag of good, bad and ugly. Good would be China’s Cosco Shipping, a subsidiary of the country’s largest shipping firm China Ocean Shipping (Group) Co, which announced a 150 percent increase in net profit.

Strategic Local FPSO Builders Chosen

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on November 15, 2010

There was still a need for a tender process to select which local company would be responsible for the construction process of the first 8 FPSOs to be built from a total of 40 FPSOs originally calculated to be needed for the pre-salt development.

Limitation of Liability Act of 1851

Posted to Maritime Musings (by Dennis Bryant) on July 6, 2010

The Limitation of Liability Act, now located at 46 U.S. Code sections 30501-30512, was adopted to provide shipowners a measure of protection if their ships were to cause injury or damage to others in cases where the shipowners have no privity or knowledge relative to the cause of the incident.