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FMC: OTI may not use unlicensed, unbonded agents

The Federal Maritime Commission (FMC) issued an order stating that, under the Shipping Act of 1984 and its implementing regulations, a licensed ocean transportation intermediary (OTI) may not use unlicensed and unbonded agents to provide non-vessel-operating common carrier (NVOCC) and ocean freight forwarder services to the public. The OTI had petitioned for a declaratory order allowing such an exception, citing the evolving business conditions. The majority of the Commission denied the petition, noting that it is not aware of any legislative history or case law that would indicate the Congress intended to distinguish between persons would act as OTIs (and must be licensed and bonded) and persons who provide OTI services (and could avoid the license and bonding requirements). One Commissioner dissented, arguing that, at the very least, the FMC should examine the issue in greater depth and seek public comment. Docket No. 06-08 (HK Law).


White House: No Change in Crude Oil Exports Regulations

Josh Earnest (White House photo)

The White House said on Tuesday there has been no change in the U.S. ban on crude oil exports, responding to a question about whether an impending change might be behind price moves in oil markets.   "There has been no change in regulations regarding crude oil exports," White House spokesman Josh Earnest said, noting the Commerce Department was in charge of export regulations.   "I'm not going to speculate about any sort of policy change that may or may not be


EPA Issues Notice on Low-Sulfur Diesel Fuel

The Environmental Protection Agency (EPA) issued a notice stating that, effective June 1, refiners will begin producing low-sulfur diesel fuel for use in ships. Initially, the sulfur content may not exceed 500 parts per million (ppm). The eventual goal is a maximum sulfur content of 15 ppm. Source: HK Law


Tokyo MOU to establish Detention Review Panel

The Tokyo MOU (Memorandum of Understanding) on Port State Control issued a Notice stating that, effective 1 January 2005, it is establishing a Detention Review Panel. The purpose of the Panel is to review, at the request of a flag state or recognized organization, specific port state control inspections undertaken by Tokyo MOU members. If the views of the Panel support the flag state or the recognized organization, the port state will be requested to reconsider its decision


Trico Marine. Announces Pricing of New Senior Notes

Trico Marine Services, Inc. announced today the pricing of its previously announced private offering of $250.0 million aggregate principal amount of 8 7/8 % Senior Notes due 2012. The notes were priced at 99.196 to yield 9.0% Trico Marine expects to use the net proceeds of the offering of the senior notes due 2012 to purchase its existing 8 1/2% senior notes due 2005 pursuant to an outstanding offer to purchase such notes and to pay related fees and expenses.


Boat Race Victims Perhaps Not Seen

Newport Beach to Ensenada boat race entrant 'Aegean' destroyed, 4 dead, may not have been seen by larger vessel Coast Guard investigators working to determine what caused the destruction of the 37-foot sailboat off the Mexican coast, consider that there's a possibility that no eyewitnesses remain. All four crew members of the Aegean were killed. And based on the level of destruction — small pieces of the boat were found spread over a wide area — it may be no one aboard the


Intereuropa Shares Down Amid Merger Doubts

Slovenian shipping firm Intereuropa fell over four percent by midday trade on Wednesday amid fears that the government may not approve its proposed merger with port operator Luka Koper. At one point during the day, shares of Intereuropa were down 4.58 percent at 2,480 tolars ($13.03) on volume of 5,526 shares, although the company earlier in the morning reported a 24 percent in group nine-month net profit. Traders said there was no explanation for the drop other than the possibility that


SS&Y Indices Drop Again

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 53 points to 5,284. "Owners have been keen to get their vessels fixed well before the office Christmas party to keep them trading over the festive period, which has been gratefully grasped by charterers who got the discounts they desired," SS&Y said. "This may not be the case in January when the balanced positional market will have little encouragement for owners to discount asking prices


USCG Issues Guidance For Vessel Boarding Safety

The U.S. Coast Guard has issued guidance to its personnel regarding vessel boarding safety when conducting boardings of large commercial vessels as part of the homeland security mission. The guidance cautions Coast Guard personnel about the need for safety briefings prior to any such boarding, the risks of explosive vapors, and the risks inherent in confined space entry. It notes that many Coast Guard personnel may not have received specific training concerning the risks related to this new


Safety and the Law Collide on the Water

L_DeMarcay.jpg

We all can agree that the safety of our employees is critical; if not the most important concern of each of our companies. Our marine-based employees face day-to-day perils that are not encountered by the average American office worker. It is our duty to do everything that we can to ensure that each of our employees returns safely to his or her family once their hitch is over. Our industry has made great strides in improving safety over the years by utilizing improved training programs


AMSA Relaxes Rules for First Aid Supplies

AMSA Making safety simple – working under the National System

  If you are operating in Class C, C Restricted, D or E waters, and are required to meet the National Standard for Commercial Vessels (NSCV) Part C7A (Safety Equipment), you now have flexibility to determine the type and quantity of first aid supplies that are appropriate for your operation


Brazil Offshore Subsalt Holds 176 bln bbls of Oil, Gas -study

Brazil's Subsalt Polygon, an offshore area that has already yielded some of the world's largest recent oil finds, may hold enough undiscovered petroleum and gas to supply the world's current oil needs for more than five years, researchers said.  


World Shipping Hit by Slump in Global Trade

Image: Maersk Line

 Dashing hopes of a quick recovery from the global trade recession earlier this year, world shipping has fallen into a deep slump over the late summer, says a report in the Telegraph.   Commodity turmoil could blow the shipping industry off course.  


NYK Mulls Ownership of Canola Oil Venture

Profit from sales of canola oil helps to create jobs

  NYK has concluded a contract with United Green for partial ownership of a canola flower field along the Sanriku shoreline, an area that suffered extensive damage from the tsunami that accompanied the Great East Japan Earthquake in 2011.


SeaProcurement Version 2.2 Launched

SeaProc Dashboard (Image courtesy of iMarine Software)

Marine eProcurement system adds new features to expand functions and enhance management reporting.    iMarine Software announced today the release of SeaProcurement (SeaProc) Version 2.2, expanding the next generation in marine eProcurement systems to include contract management


Philippine, Vietnamese Troops Together on Disputed Island

Vietnamese and Philippine troops played soccer and sang karaoke on a South China Sea island on Wednesday in a sign of the growing security ties between the two Southeast Asian nations most at odds with Beijing over the contested waterway.


Deltamarin Introduces New Ro-Pax Design

DeltaChallenger (Photo: Deltamarin)

Deltamarin launched its new ro-pax vessel DeltaChallenger concept during the Nor-Shipping 2015 exhibition in Oslo.   The design incorporates the latest technologies available, many of which are not yet used on any other ro-pax vessel, Deltamarin said.  


Eurotunnel Sells Ships to Danish DFDS Group

Image: MyFerryLink

 Eurotunnel reluctantly sold to its subsidiary, the Calais-to-Dover ferry business, MyFerryLink the Danish DFDS, the competitor of the Channel Tunnel reports Le Monde.   The company is a forced seller of the service because of antitrust action


USMMA's Class of 2019 Arrives for Indoctrination

INDOC 2019 Highest percentage of females ever

  The U.S. Merchant Marine Academy at Kings Point (USMMA) today welcomed its incoming Class of 2019, consisting of 255 plebe candidates representing 46 states and the Commonwealth of Puerto Rico. With 50 female candidates, the incoming class has the highest percentage of young women to enter


Proposed UK Non-dom Tax Changes, No Need to Panic

Gill Smith (Photo: Moore Stephens)

Shipping should not panic in wake of proposed U.K. non-dom tax changes, Moore Stephens says Shipowners likely to be affected by wide-ranging changes to the taxation of non-U.K.-domiciliaries introduced in the U.K. Summer Budget have been urged not to panic by international accountant and


Port Everglades Project Step Closer

Ports Chief Executive Steven Cernak told about the projects long-awaited approval from the U.S. Army Corps of Engineers

  Broward County's Port Everglades is moving forward with a plan to widen and deepen its channels, but there are still several steps to go before construction begins, the Port's Chief Executive Steven Cernak told elected officials and business leaders during an event to celebrate the


Concerns Remain Over the Use of Low-sulphur Fuel

As a global move toward using cleaner fuel takes place, countries are forming new or reforming old regulations which see jurisdictions increasingly demanding the use of low-sulphur fuel in ships that berth in their ports. This results in a possibility for heavy penalties to be imposed on


How to Defend against Patent Trolls without Breaking the Bank

Belknap

Patent trolls—those who seek to enforce patent rights, but do not actually manufacture or supply services based on the patents—are a problem in all industries, including the shipping industry. And as the pace of innovation in shipping continues to accelerate in areas such as


Kansas Shipping Hub Announce Finalists

Photo: Kansas Department of Transportation

 Seven finalists have been selected for the site of a proposed Kansas transload shipping center.   The Kansas Department of Transportation/Kansas Turnpike Authority Transload Facility Site Analysis team selected the finalists from the 111 proposals submitted for consideration


LR First to Certify Small Caribbean Ships

Surveyor Umar Ali from LR’s Trinidad office carries out an inspection of the tugboat Trafalgar

  LR is the first class society to certify small commercial ships operating in the Caribbean After becoming the first classification society to issue Cargo Ship Safety and Small Commercial Safety Certificates to two Trinidad and Tobago vessels LR was recently authorised by several






 
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