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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


Building Momentum for America

Toohey web.jpg

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


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


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


Chevron Takes Cummings on Board

Alexander B. Cummings Jr. Elected to Chevron Board of Directors

  Chevron Corporation informed that Alexander B. Cummings Jr. has been elected to Chevron's board of directors, and he will serve on the company's Audit Committee. John Watson, chairman of the board and chief executive officer of Chevron said, "Mr


Strike to Paralyze Belgium

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  Inchcape Shipping Services (ISS), the world's leading maritime services provider, is advising that Belgian trade unions have called a national strike for Monday. The strike, which will commence at midnight on 14 December and will continue through to midnight on 15 December


River Bell Awards Acclaim Maritime 'Family'

Peter H. Stephaich receives the River Bell Award (Photo: SCI)

The Seamen’s Church Institute (SCI) recognized two inland maritime industry leaders at an annual awards luncheon Thursday, December 11, 2014, in Paducah, Ky.   The 15th Annual River Bell Awards Luncheon, hosted by SCI, raised more than $270


Report: Dire Conditions in Indian Shipbreaking Yards

Photo: NGO Shipbreaking Platform

Report by Indian research institute reveals poor enforcement of occupational health and safety provisions   The working and living conditions at the shipbreaking yards of Alang, India, remain alarmingly poor, argues a new study published in the Economic & Political Weekly


US House to Hold Hearing on Oil Export Ban

Photo: U.S. House of Representatitves

A House of Representatives panel will hold a hearing on Dec. 11 to explore whether a decades-old law that prohibits the export of crude oil makes sense in an era of domestic energy abundance.   The House subcommittee on energy and power, chaired by Representative Ed Whitfield


Gazprom & Eni Close Rank

South Stream is Gazproms global infrastructure project aimed at constructing a gas pipeline with a capacity of 63 billion cubic meters to Southern and Central Europe for the purpose of diversifying the natural gas export r

  Sochi hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Claudio Descalzi, Chief Operating Officer of Eni. The parties addressed the main areas of and prospects for enhancing the bilateral cooperation in the energy sector, in particular


MSC Approves SOLAS Amendments

SOLAS amendments to make IGF Code mandatory approved by Maritime Safety Committee   The International Maritime Organization’s (IMO) Maritime Safety Committee (MSC), which met at the Organization's London headquarters for its 94th session, from November 17-21, 2014


Gazprom to Partner Turkey to Supply Gas

Running under the Black Sea, the Blue Stream gas pipeline secures annual direct supplies of some 16 billion cubic meters of Russian natural gas to Turkish consumers, starting from 2003.

  Moscow hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Minister of Energy and Natural Resources of the Republic of Turkey. The meeting addressed the issues of strategic partnership, in particular


New Gas Pipeline To Turkey

Alexey Miller and Mehmet Konuk

  Alexey Miller, Chairman of the Gazprom Management Committee and Mehmet Konuk, Chairman of the Board of Directors of Botas Petroleum Pipeline Corporation yesterday, signed in Ankara a Memorandum of Understanding on constructing an offshore gas pipeline across the Black Sea towards Turkey


Christmas Ship to Deliver 1,200 Trees

Photo courtesy of Chicagos Christmas Ship

Chicago’s Christmas Ship Committee, Coast Guard set for 15th anniversary of re-enactment, delivery of 1,200 Christmas trees for deserving families.   The Coast Guard Cutter Mackinaw, serving once again as this year’s “Christmas Ship” and loaded with more than 1


Gazprom to Upgrade Gas Supplies to Kyrgyzstan

Gazprom is working out the General Gas Supply and Gasification Scheme of Kyrgyzstan until 2030.

  The development of gas transmission and distribution infrastructure of Kyrgyzstan was discussed during a meeting held at the Gazprom headquarters hosted today between Alexey Miller, Chairman of the Company's Management Committee and Djoomart Otorbaev, Prime Minister of the Kyrgyz Republic


Norec Summons to bondholders' meetings

  In the previous stock exchange notices where Norwegian Energy Company ASA has informed of expected impairments of Oselvar and Huntington and negative developments in production performance, including its announcement on 19 November 2014 where it was reported that deferral of certain bond


Congressman Introduces Bill Lifting Oil Export Ban

U.S. Representative Joe Barton (Credit: U.S. House Office)

U.S. Representative Joe Barton will introduce a bill on Tuesday to lift the 40-year ban on exports of crude oil, but the measure has almost no chance of passing due to lawmaker concerns about fuel prices and costs to refiners. Barton, a Republican from Texas


Tse Heads Risk Management, BMT Asia Pacific

Joanne Tse

  BMT Asia Pacific, a subsidiary of BMT Group has appointed Joanne Tse as Head of Risk Management based in Hong Kong. The new appointment will help support the regional growth of risk consultancy services - principally in the transportation and construction sectors.


Gazprom, Siemens to Join Forces

Photo by Siemens

  Berlin hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Joe Kaesar, President and Chief Executive Officer of Siemens. The parties addressed the key issues of the joint activities pointing to the long history of the partnership






 
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