A federal cabinet committee has okayed a plan to build six corvette-sized Arctic patrol vessels, according to a report by The Canadian Press and posted on www.canada.com. The committee approved the plan to build the 100-m, 6,000-ton, according to several sources, The Canadia Press reported. It is anticipated that the ships – which will start construction following a two-year period in which the shipbuilding project will be planned – will cost about $300m per ship.
The House Judiciary Committee approved the Fiscal Year 2008 authorization bill for the U.S. Coast Guard. The legislation has already cleared the House Homeland Security Committee and the House Transportation and Infrastructure Committee. Prior to final approval, the Judiciary Committee added language strengthening the Coast Guard’s ability to combat maritime smugglers of illegal immigrants and would rachet up security at ports and liquefied natural gas facilities
The Senate Commerce Committee approved the Oil Spill Prevention Act, legislation introduced by Senator Frank Lautenberg (D-NJ) and cosponsored by Senator Barbara Boxer (D-CA) that aims to make ships safer and assess and improve vessel tracking procedures.Boxer said, “Californians know all too well the devastation an oil spill can cause to our waters, wildlife and our communities. Just last fall, 58,000 gallons of toxic bunker fuel poured into the San Francisco Bay after the Cosco
The end of the dredging crisis on the Great Lakes moved a giant step closer today when a key House committee approved legislation requiring the federal government to spend all the tax dollars it collects for dredging on dredging rather than use nearly half to balance the budget - at least on paper. Section 2007 of H.R. 5892, the Water Resources Development Act of 2010, mandates that all tax revenues annually deposited in the Harbor Maintenance Trust Fund (HMTF) be used to dredge the
Starting July 1, 2016, the International Maritime Organization’s (IMO) Maritime Safety Committee approved amendments to The International Convention for the Safety of Life at Seas’ (SOLAS), will require that shippers verify gross container weight prior to shipping. But now, according to a report in the WSJ, IMO says ‘practical and pragmatic’ three-month grace period would calm exporter fears of widespread backups.
House Bill (H.B.) 19, in North Carolina, was passed by the North Carolina House of Representatives. The bill prohibits "cruises to nowhere" and regulates other offshore gaming operations the state doesn't have the authority to ban outright. Vessels that embark and disembark passengers in North Carolina, but make an intervening stop in a neighboring state, would be regulated under the bill. To be considered to have made an intervening stop, a vessel would have to dock at a port in another state
Carnival Corporation appoints new non-exec director to serve on health, environment, safety & security committees At the annual shareholders meeting of Carnival Corporation & plc held in Miami Beach, Fla., shareholders elected a new member to the company's board of directors – Debra Kelly-Ennis, president and chief executive officer of Diageo Canada, Inc. Kelly-Ennis will serve in a non-executive capacity on Carnival Corporation & plc's 14-member board
The antifouling biocide Selektope has been approved by the EU Standing Committee on Biocidal Products for EU-wide use from the 1st of January 2016 On the 8th of July, the European Union Standing Committee on Biocidal Products gave notice that Selektope is approved under the EU Biocidal Products Directive as an antifouling substance for use in both professional and non-professional antifouling products.
A U.S. proposal to sanction Iran’s state-owned oil company and its main tanker fleet may ensnare any person or business in the world involved in purchasing or shipping Iranian oil, according to a report from Bloomberg. Pressure is mounting on Iran’s nuclear program, as the prospect of an attack from Israel grows beyond rhetoric. In turn, the pressure is rising to force Iran to back down. The Senate Banking Committee unanimously adopted a measure Feb
A third tier of compensation for oil pollution incidents from tankers, to supplement compensation currently available under IMO's Civil Liability and Fund Conventions, is set to be adopted at an international conference to be held at IMO Headquarters from 12-16 May 2003. The International Conference on the Establishment of a Supplementary Fund for Compensation for Oil Pollution Damage is expected to adopt a Protocol to the
The Liberian Maritime Administration is to introduce a proposal to the meeting of the IMO Marine Environmental Protection Committee (MEPC70) in London on 24 October to allow certain ships additional time beyond 2020 to install adequate ballast water management systems as required under the Ballast
The European Economic and Social Committee (EESC) adopted an own initiative opinion that calls on the European Commission to introduce an incentive that will “eliminate the abuses of irresponsible ship dismantling through a system which creates added value in an end-of-life ship”
The Gulf States Shipbuilders Consortium (GSSC) announced that its fall meeting will be held October 18-19, at the Holiday Inn in Mobile’s historic district. Highlights of the meeting include a presentation by U.S. Representative Bradley Byrne (R-Fairhope)
Safe Bulkers, Inc. announced today that the Company has agreed to novate an existing newbuild contract for Hull No. S835, a Japanese Panamax class vessel, and sell, upon delivery, Hull No. 1551, a Japanese Kamsarmax class vessel, in each case, to entities owned by Mr
The U.S. Coast Guard (USCG) held a public listening session in Washington D.C. on September 27, 2016 to address ships’ use of heavy fuel oil (HFO) in the Arctic, examining its risks and as well as potential mitigation strategies which can be taken to the International Maritime Organization
Baltic Exchange shareholders on Monday approved an 87 million pound ($112 million) takeover by Singapore Exchange for one of London's oldest institutions, in a deal that will give SGX access to the multi-billion-dollar freight derivatives market.
India's Shipping Ministry on Thursday proposed a new model concession agreement (MCA) to attract more private sector investments in the development of port infrastructure. The proposed MCA will replace the existing agreement which came into existence in January 2008
Navios Maritime Acquisition Corporation, announced today that it has agreed to provide a $70 million secured loan facility maturing in November 2018 to Navios Maritime Holdings Inc. The Loan Facility bears interest of 8.75%, compounded semi-annually and is secured by (1) all of Navios
DNV GL’s Group President & CEO Remi Eriksen participated in the first meeting of the Maritime and Port Authority of Singapore (MPA) advisory committee for further developing Singapore as an International Maritime Centre (IMC) towards 2030.
The American Association of Port Authorities (AAPA) today lauded leaders of the Senate Committee on Environment and Public Works (EPW) and the Senate’s Transportation and Infrastructure (T&I) Subcommittee for their success in advancing S
[ Updated ] The Singapore-based Rickmers Maritime Trust has come to a sitatuation where the choice is between restructuring the securities in the company to less than half their current value or shutting down. So it has warned the investors that if its proposed debt restructuring
The Maritime and Port Authority of Singapore (MPA) has established the International Maritime Center 2030 (IMC 2030) Advisory Committee to chart the future directions of Singapore’s IMC. Andreas Sohmen-Pao, Chairman of BW Group
The International Chamber of Shipping (ICS) notes Finland’s significant announcement that it has acceded to the IMO Ballast Water Management Convention. This suggests that this new regime, to protect local ecosystems from the impacts of invasive species
Finland has acceded to the International Convention for the Control and Management of Ships' Ballast Water and Sediments (BWM Convention), triggering the 2017 entry into force of an international environmental protection measure that aims to stop the spread of potentially invasive aquatic species
The Company: Victaulic is the originator and has been the world’s leading producer of mechanical pipe-joining solutions since 1919. In the maritime industry, Victaulic grooved piping products are used on a wide range of vessels, including tugs and workboats