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Vinashin Gradually Stabilizes

According to the VOV News, some members of the Vietnam Shipbuilding Industry Group Vinashin have recovered from the economic crisis and stabilized their production and business to create more jobs and ensure workers’ incomes. On April 9, Vinashin’s Party Committee held its second Party Congress for the 2011-2015 term in the presence of politburo member and Deputy Prime Minister Nguyen Sinh Hung, who is also head of the Steering Committee for restructuring the Vinashin group.     (Source: VOV News)  


Revisions to Oil Spill Regulations

The Maine Oil Spill Advisory Committee held a hearing to review proposed revisions to the state's regulations related to oil terminals and vessels transporting petroleum products. The proposed revisions contain several references to vessels transporting petroleum products on the state waterways. AWO's major objection to the Maine regulations relates to a proposed requirement that vessels stay 12 miles offshore, except when approaching Maine's ports


Shiptec China 2014 Taking Shape

In just under seven months’ time, marine professionals from China and around the world will gather for the opening of Shiptec China 2014 at the Dalian World Expo Center. Taking place October 21-24, it is the 11th holding of this increasingly important event, and the organizers have now confirmed many aspects of the forthcoming event. With its leading role now well established thanks to the involvement of the Chinese government


Building Momentum for America

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In Washington, DC, success is often measured in the smallest of increments, especially when we have gridlock in Congress like we have seen this past year.  But when it comes to bringing attention to the importance of the inland waterways system to America’s current – and future – prosperity, progress is being made.  On September 21, Midwest Senators Dick Durbin (D-IL), Claire McCaskill (D-MO), Chuck Grassley (R-IA), Tom Harkin (D-IA), Mark Kirk (R-IL)


GulfMark Offshore Elects Two New Board Members

GulfMark Offshore, Inc. (NYSE:GLF) has announced the election of Steven W. Kohlhagen and Charles K. Valutas to its Board of Directors for terms expiring in June 2014.   Steven W. Kohlhagen is a retired financial executive who brings to the Board expertise in financial accounting, finance and risk management through his extensive experience in, and knowledge of, the financial, securities and foreign exchange markets


U.S. Energy Panel Plans More Oversight Of Gasoline Reserve

U.S. House Republicans will continue delving into the Obama administration's creation of an emergency gasoline reserve in the Northeast, after a briefing by the Department of Energy failed to quell concerns about the stockpile, a committee aide said on Tuesday. Senior members of the House Energy Committee asked for the briefing after the DOE earlier this year held the first test sale of crude from the Strategic Petroleum Reserve (SPR) since 1990


New EU Transport Committee

Following the European elections of June 2004, the newly elected European Parliament held its first plenary session from 20 to 22 July. During this session, MEPs formally approved the nomination by the European Council of Portugal's Jose Manuel Durao Barrosso as Romano Prodi's successor as European Commission President. The key institutional change on the maritime front is that the former "RETT" Committee of the European Parliament ("Regional Policy


John Harrison Appointed General Counsel of Technip

Technip appoints John Harrison to its Executive Committee as General Counsel. In this newly created function, John Harrison will as General Counsel be responsible in the Executive Committee for all group legal, corporate and compliance matters and will report to the Chairman and CEO of Technip, Thierry Pilenko. Prior to his appointment and since 2003, John Harrison was General Counsel of the Defence and Security Division of EADS.


SCC Meetings Set

The Shipping Coordinating Committee, sponsored by the US Department of State, will hold two meetings in Washington, DC. The first meeting, on January 22, is to prepare for the upcoming session of the IMO Sub-Committee on Ship Design and Equipment. Topics on the agenda include the longitudinal strength of tankers and prevention of accidents with lifeboats. The second meeting, on January 30, is to prepare for the upcoming session of IMO Sub-Committee on Bulk Liquids and Gases


Coast Guard Foundation Announces 2014 Board

Clockwise from top left: Judith Roos, Duncan Smith, Nicki Candies and Michael Carthew

The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, announced its 2014 board of trustees. Consisting of 117members, the Coast Guard Foundation Board of Trustees and Directors oversees management of the organization and helps to provide resources to advance the Foundation’s mission to support the service of men and women in the United States Coast Guard


WSF Engineers Work 24/7 on Engine Repairs

Ferry Walla Walla: Photo cr. Moxfyre CCL

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


NGL Energy, TransMontaigne End Talks on Acquisition Proposal

NGL Energy Partners LP and TransMontaigne Partners LP said on Friday they have terminated discussions on NGL's non-binding proposal to acquire the outstanding common units of TLP, according to a press release. The discussions were terminated after the Conflicts Committee of TransMontaigne GP


BP Names New Group Chief Economist

BP today announced the appointment of Spencer Dale as its new Group Chief Economist with effect from the end of October. Mr Dale joins BP from the Bank of England where he is currently Executive Director for Financial Stability Strategy and Risk


Hu Hanxiang Quits Sinotrans Shipping Ltd

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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


Professor in Hot Water for Hosting Costa Concordia Captain

Costa Concordia aground (Photo: WikiCommons)

A professor who invited the disgraced captain of the capsized Costa Concordia to speak at a criminology seminar has been referred to the ethics committee at Rome's La Sapienza University, the university said on Wednesday. Professor Vincenzo Mastronardi held the seminar last month reconstructing


Russia-Japan Shipbuilding and Repair Seminar

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The fourth Russian-Japanese seminar ‘Сooperation in shipbuilding and ship repair’ is to take place September 4-5, 2014. For the first time, the annual event is to be held in St. Petersburg - the maritime capital of Russia . The event is being organized by Russian Maritime Register of


DNV GL Extends UK Offshore Safety Training

DNV GL, the global provider of risk management services, is extending a offshore safety training program which aims to advance the role of elected safety representatives (ESRs) in minimizing the risk of accidents and improving safety. The course, which is accredited by OPITO


Patrick T. Mulva, VP & Controller, ExxonMobil, Retires

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  Patrick T. Mulva, vice president and controller of Exxon Mobil Corporation has announced his intention to retire on Sept. 1, 2014, after more than 38 years of service. Mulva, 63, joined Exxon Company U.S.A. in 1976 as a financial analyst at the company’s refinery in Baton Rouge


Gazprom Tightening Links with Bosnia & Herzegovina

South Stream project

  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


Port Of Los Angeles & MBDA at USC Team Up to Promote Trade

  The Port of Los Angeles and the U.S. Department of Commerce Minority Business Development Agency (MDBA) Center at the University of Southern California will be holding a FREE “Trade Connect” export workshop August 26, 2014 at USC’s Galen Center


Iraq's Kurds Have Right to Sell Oil While Squeezed by Baghdad

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.


UN Throws the Book at North Korea Ship Operator

North Korean Merchant Ship: Photo CCL

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 Invests in Diana Containerships

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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.


Mexico's Lower House Pass Energy Reform Bills

  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


House Subcommittee Hearing Highlights “Dismal State” of U.S. Icebreaking Capability

Craig H. Allen, Sr.

At the July 23, 2014, hearing of the House Subcommittee on Coast Guard and Maritime Transportation on “Implementing U.S. Policy in the Arctic” the committee chairman, Rep. Duncan Hunter (R-CA), opened the proceedings by holding up a graphic of the icebreaker fleets of the






 
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