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
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
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 Senate Commerce Committee has approved a number of nominations, including Ellen Engleman to be a Member and Chairman of the NTSB, Richard Healing and Mark Rosenker to be Members of the NTSB, Jeffrey Shane to be Under Secretary of Transportation for Policy, and Emil Frankel to be Assistant Secretary for Transportation Policy. Source: HK Law
The Danish Maritime Authority (DMA) informs that the United Nations’ International Maritime Organization (IMO) has approved global binding regulations intending to enhance safety of navigation in polar areas. This means, inter alia, new requirements for passenger ships. The IMO Maritime Safety Committee (MSC) has approved a new set of regulations on navigation in Arctic waters. Thus, the IMO has today taken a decisive step towards making the so-called Polar Code internationally binding
Star Bulk entered into a definitive agreement with Excel Maritime Carriers Ltd., and as a result, will acquire 34 drybulk vessels for an aggregate of 29.917 million shares of common stock of Star Bulk and $288.39 million in cash. Star Bulk Carriers Corp
Overnight engine repairs and a meeting with Ferry Advisory Committee executives are detailed In this excerpt from the latest 'Washington State Ferries Weekly Update', by Capt. George A. Capacci, Interim Assistant Secretary WSDOT/Ferries Division. "Overnight repairs help maintain service
Euro zone countries have approved the disbursement of a 1 billion euro tranche of aid to Greece after it passed a series of reforms to qualify for the money, the Greek government said on Wednesday. The decision came after lawmakers passed a bill last week to merge public sector pension funds
The board of directors of Sinotrans Shipping Limited announced that due to retirement, Mr. Hu Hanxiang has tendered his resignations as independent non-executive director, chairman of the remuneration committee and committee member of the nomination committee of the Board of the Company with
Led by Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee the Company's delegation paid a working visit to Bosnia and Herzegovina today. As part of the visit, meetings were held with the Government officials, namely Bakir Izetbegovic
As the world's leading bunkering port Singapore is to provide quality bunkering services to vessels lifting bunkers in the port. The use of the Mass Flow Metering (MFM) system for bunkering in the Port of Singapore will not only enhance transparency in the bunkering process
Iraq's Kurdish region has the right to keep selling oil as long as the Baghdad government keeps cutting its budget, the head of the Kurdish parliament's energy committee said on Tuesday, as an oil cargo off Texas was set to be seized at Baghdad's request.
A U.N. Security Council committee on Monday blacklisted the operator of a North Korean ship, which was seized near the Panama Canal last year for smuggling Soviet-era arms, and raised concerns about Cuba's military cooperation with Pyongyang.
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that it has entered into an agreement to purchase shares of the common stock of Diana Containerships Inc. for an aggregate purchase price of $40 million.
Committees in Mexico's lower house on Saturday approved laws fleshing out a landmark energy reform that seeks to drive private investment into the long-shuttered sector. The so-called secondary laws, which detail the implementation of the constitutional energy reform passed last year
Cleveland Europe Express shows major increase in volume, while established maritime and development finance revenues also up substantially The Port of Cleveland announced that its Cleveland-Europe Express, the dedicated monthly liner service that launched in April
The Long Beach Board of Harbor Commissioners on Monday, July 14, approved an $858 million budget for the Port of Long Beach in the upcoming fiscal year, with two-thirds of the spending set aside for a robust building and modernization program.
Iridium's application to provide global maritime distress and safety system services receives support from International Maritime Organization subcommittee Iridium Communications Inc. today announced that its application to the International Maritime Organization (IMO) for the provision of
Herbert-ABS says use of an approved damage stability computer program is the “only logical option” to meet new International Maritime Organization (IMO) Damage Stability Regulations requirements for onboard damage stability verification.
Alexey Miller, Chairman of Gazprom's Management Committee and Gerhard Roiss, Chief Executive Officer of OMV inked a Shareholders Agreement for the South Stream Austria joint project company. The document was signed in Vienna today during a visit by Russian President Vladimir Putin to the