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New Guidance

OSHA Issues Guidance on Abrasive Blasting in Shipyards

New guidance from the Occupational Safety and Health Administration (OSHA) alerts shipyard employers and their employees about abrasive blasting hazards and the controls that can be implemented to protect employees. The new guidance also addresses the specific air contaminants that employees may be exposed to during abrasive blasting. Other abrasive blasting safety and health hazards are discussed and recommendations on how to avoid these occupational hazards, such as engineering controls, the use of Personal Protective Equipment (PPE), exposure monitoring, medical surveillance and training on the OSHA Hazard Communication and PPE standards. OSHA also recommends that employers perform an inspection of the worksite to identify additional hazards, such as excessive noise, static electricity, confined spaces, heat exposure and fall hazards. The guidance also encourages employers to research each of the discussed hazards, as well as understand the suggested preventative measures and the abatement that has been detailed in the guidance.


IMCA’S New Guidance on Mooring Practice

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Ships enter and leave ports regularly. Tying up a ship when alongside a berth or another vessel is potentially a very hazardous operation, unless simple and effective safety procedures are followed.   ‘Mooring Practice Safety Guidance for Offshore Vessels when Alongside in Ports and Harbours’ (IMCA SEL 029/M 214), the latest publication from the International Marine Contractors Association (IMCA) is designed to ensure safe mooring with zero incidents


New Sloshing Guidelines for LNG Cargo

Lloyd's Register, the world leader in the classification of LNG carriers, has published a new guidance document for the design of membrane-technology liquid natural gas containment systems.   The document is aimed at improving design procedures with respect to sloshing forces, and is the result of a long program of research and development, including extensive consultation with industry, and an investment of over $1,1m


NORTH P&I CLUB Publishes Guidance On Sanctions For Shipowners

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The ‘A’ rated, 150 million GT North of England P&I club has published new guidance for shipowners on how to avoid being caught out by the increasingly complex ‘patchwork’ of international trade sanctions currently in force worldwide. Writing in the club’s newsletter ‘Signals’, head of loss prevention Tony Baker says, ‘Trade sanctions are at the forefront of modern diplomacy and can be imposed by individual countries or supranational bodies


New ONR Policy Equalizes Opportunities for Contractors

The Office of Naval Research (ONR) published new guidance Sept. 15, aimed at preventing conflicts of interest among companies competing for business with the science and technology organization. "This new set of guidelines levels the playing field for the contracting community when it comes to doing business with ONR," said Mark Bennington, ONR's executive director for acquisition management. "We've adopted the very best practices across all the services to properly align with


IMCA Guidance on Diving Hold-Back Vessels

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New guidance has been produced by the International Marine Contractors Association (IMCA) on the use of ‘hold-back’ vessels during diving operations. These are towing (or other) vessels that provoke additional security for DP (dynamically positioned) vessels engaged in critical operations by means of attachment by wire rope. “Our new publication (IMCA M 185 Rev 1) is intended to assist vessel operators who are considering using such a system of operation by discussing the


Guidance re waterway suitability for LNG marine traffic

The U.S. Coast Guard issued guidance on assessing the suitability of a waterway for liquefied natural gas (LNG) marine traffic. The guidance may be used by an applicant seeking a permit to build and operate a shore-side LNG terminal to ensure that full consideration is given to safety and security during the permitting process. While LNG carriers are among the most robust ships, there is concern about a release of LNG as the result of a terrorist incident


Northrop Grumman Confirms Financial Guidance

Northrop Grumman Corporation said today that it will confirm previously announced financial guidance in a meeting with investors on December 20. The financial guidance reflects the acquisition of Newport News Shipbuilding, and the issuance of common stock and equity security units of approximately $1.45 billion. The company will confirm the following guidance: -- Sales in 2001 of approximately $13 billion -- Sales in 2002 of approximately $18 billion


Offshore Drilling

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BSEE Issues New Requirements and Policies Addressing Offshore Activities The Bureau of Safety and Environmental Enforcement (“BSEE”) issued three significant documents addressing response, enforcement, and safety issues related to offshore operations in August 2012.  Specifically, BSEE issued (1) new guidance concerning regional Oil Spill Response Plans (“OSRPs”), (2) formalized policy addressing direct enforcement actions against contractors engaged in offshore


ClassNK Releases 2013 Steel Ship Rules

ClassNK released the 2013 edition of the Rules and Guidance for the Survey and Construction of Steel Ships. ClassNK continuously reviews, updates and amends its technical rules and guidance as part of its ongoing efforts to improve the safety of life and property at sea, and to protect the marine environment. This year’s edition of the rules and guidance contains a number of amendments made in 2012, reflecting its latest research outcomes


Maersk Buying Back Shares, Earnings Up

Shares rise 5 pct after improved guidance, better quarter than expected. Maersk indicates more buybacks after first in its history. Efficiency, cost savings boost Maersk Line compared to rivals. Denmark's A.P. Moller-Maersk announced the first share buy-back in its 110-year history on Tuesday


Vestas Profit Beats Forecast

Offshore windfarm: Photo credit Hans Hillewaert

Danish wind turbine maker Vestas Wind Systems posted much higher than expected second-quarter earnings and slightly increased its guidance for the full year, signaling its turnaround from the brink of collapse has taken hold. * Q2 earnings before special items 104 mln eur vs f'cast 63 mln


Lloyd’s Register's New, Consolidated, Rules for Offshore Units

Courtesy Lloyd’s Register

  Lloyd’s Register has launched its new Rules for Offshore Units in one single document following an in-depth consultation with industry. It signals a move by the world’s oldest classification and certification society, to modernise the way in which Rules and their guidance notes


EMGS Reports 2Q and 1H 2014 Results

CEO of EMGS, Roar Bekker

  Electromagnetic Geoservices ASA's (EMGS) reported revenues of USD 42.5 million in the second quarter 2014, down from USD 61.3 million in the first quarter this year and from USD 44.4 million in the corresponding quarter last year. Contract sales totaled USD 35


Report Makes Light Work of Heavy Weather

Photo courtesy of The Swedish Club

Modern weather routing techniques have made facing heavy weather considerably less hazardous for the modern mariner than for his forbears. However such techniques are not a panacea and a new report from The Swedish Club published today, Heavy Weather


Petroleum Geo-Services Q2 Performance Likely to be Weaker

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  Oslo, Norway, Petroleum Geo-Services ASA (PGS) will present second quarter results on July 24, 2014. The Company expects to report weaker Q2 results than current market expectations.   Customers' intentions with regard to seismic purchases, particularly MultiClient


New Digital Product : Luxembourg

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Regs4ships announced the launch of our 19th flag to its Digital Maritime Regulations (DMR) product.   From July 18, 2014 Regs4ships will be able to offer a Luxembourg regulations product that contains all relevant flag state documentation along with digital copies of SOLAS, MARPOL and STCW


SIA to Honor Honeywell's Gordon Hope

Gordon Hope: Photo SIA

The Security Industry Association (SIA) says it has chosen Gordon Hope, general manager of Honeywell's AlarmNet communications network, as the 2014 recipient of the George R. Lippert Memorial Award. Hope, who celebrates 25 years with Honeywell this year


Hornbeck Offshore Ride High on Q2 2014 Results

Offshore scenes: Image courtesy of Hornbeck

Hornbeck Offshore Services, Inc. has announced its financial results for the second quarter ended June 30, 2014.  Following are highlights for this period and excerpts from the Company's future outlook: 2Q2014 Upstream revenue and EBITDA set new quarterly highs on the strength of fleet


Kirby Reports Record Q2 2014

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Record 2014 second quarter earnings per share of $1.31 compared with $1.11 in the 2013 second quarter, which included a $0.07 benefit due to the reduction of the United earnout liability.   2014 third quarter earnings per share guidance range of $1.30 to $1.40 compared with $1


Protecting Crews During Disease Outbreak

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Global maritime organizations have issued health guidance on the risks posed to ships’ crews calling in countries affected by the Ebola virus. International ship supplier, Hutton’s Group, is responding to requests for information and assistance from its maritime customers by


LR Alert: New SOLAS Requirements

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New SOLAS requirements for enclosed space entry and rescue drills, and draft requirements for portable atmosphere testing.   Because of the serious threat posed to people working in enclosed spaces on board ships, the IMO has introduced new requirements to SOLAS Chapter III, regulation 19


LR Alert: Changes to the ISM Code

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Amendments to the International Safety Management (ISM) Code will enter into force on 1 January, 2015, introducing new requirements for manning and company verification, and new references to related IMO guidance, as follows: Changes to manning requirements


American Club Issues Steel Cargo Warning

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The American P&I Club has updated its advice to members on the handling of steel cargoes. It has done so in consequence of some recent cases where the absence of pre-loading surveys increased the cost of steel cargo claims on discharge.


Maersk Raises Post-Q2 Financial Outlook

Danish shipping and oil group A.P. Moller-Maersk reported a second-quarter net profit above forecasts thanks to better profits in its container shipping business Maersk Line. Net profit rose to $2.25 billion, Maersk said on Tuesday, beating an average forecast of $2






 
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