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GAO: Ending Crude Export Ban Could Ease 'Price at the Pump'

As the energy profile of the U.S. continues to improve and evolve daily, fresh debate in favor of exporting oil and gas products -- which would have a significant impact on the U.S. Maritime Trade -- are gaining steam. A new report from the Government Accounting Office (GAO) will surely add fuel to the "export oil" fire now, as GAO reports that U.S. consumers could save on gasoline if the ban on crude oil exports were lifted, even if such a move creates uncertain environmental risks. Allowing more domestic fuel to reach the global energy market would probably boost the national economy and ease the U.S. trade deficit, but other implications are less clear, the GAO said.   Many analysts predict that erasing the export ban would boost global fuel supplies by millions of barrels of crude oil daily and that consumers would benefit, said the report.   "Removing crude oil export restrictions is likely to increase domestic crude oil prices but decrease consumer fuel prices," the report says.  (Staff & Reuters)


Australia's New Shipping Laws Threaten Loss of Jobs

Image credit:  Shipping Australia

 The planned changes to Australia’s shipping laws would cause a 93% loss of Australian seafaring jobs a new report says.   More than nine in 10 domestic seafarers will lose their jobs if the Abbott government's plan to relax shipping regulations passes Parliament, report written by the Australia Institute suggests.   Less than 100 seafarers would remain in employment out of a current workforce of 1177, according to a report written by the Australia Institute


Shipbuilding & Repair in Asia: New Market Report

Research and Markets has added "Ship Building & Repair (Asia)" report to their offering. The new report includes an analysis of the top 1000 companies in the field, including Daewoo Shipbuilding & Marine Engineering, Daehan Shipbuilding, Ihi Marine United. This report provides a detailed overview of the Ship Building & Repair (Asia) market and delivers a comprehensive individual analysis on the top 1000 companies


Jeppesen Updates VVOS Software

VVOS 2.3 Screenshot 5 - Route avoiding North American ECA (Eric Haun) copy WEB.jpg

Jeppesen has launched updated versions of its Voyage and Vessel Optimization Solution (VVOS) and FleetManager software.   VVOS Version 2.3 voyage optimization product is enhanced by incorporating Emission Control Area (ECA) boundaries and adding restricted RPM zones. FleetManager Version 1.4, a shoreside fleet management product, also features improved performance analysis and reporting tools. Jeppesen FleetManager 1


Rhonda I. Zygocki Retires from Chevron

Chevron Corporation announced today that Rhonda I. Zygocki, executive vice president, Policy and Planning, has elected to retire from the company after 34 years of outstanding service effective Feb. 1, 2015. The company also said it is making new reporting assignments for several executives. "Over the course of her career, Rhonda made many significant contributions to our business and distinguished herself as one of our most versatile and proven leaders," said John Watson


Report: Growth Anticipated in the OSV Market

Photo: Bourbon

New report covers market trends to 2019 for global offshore support vessel (anchor handling, towing and supply vessel, platform supply vessel, multipurpose service vessel, crew vessels, standby and rescue vessels, others)   The global offshore support vessel market is expected to grow owing to the need to satisfy rising marine logistics demand. The lucrative and high-investment areas of offshore regions such as North Sea, U


Intergraph Unveils IntelliShip 6.0

Intergraph Corporation announced the newest version of its advanced IntelliShip(r) software for shipbuilding. The 6.0 version of IntelliShip provides new capabilities and enhancements in ship molded form design, manufacturing planning, structural manufacturing and drawings along with improved performance in these respective areas. The IntelliShip 6.0 release, available now, represents Intergraph's continued commitment shared with clients and


Barents Sea Cargo Traffic – New Report

New report indicates Increased activity in the Russian Arctic requires better cooperation between Russian & Norwegian ports The report “Development of marine Russian-Norwegian trade facilities in Northern Norway” has studied the development potential for the main ports of northern Norway. The report  is written by Norwegian Akvaplan Niva and the St. Petersburg company Gecon, with support from the Norwegian Barents Secretariat and Maritime Forum


Government Urged to Improve UK Port Intermodal Links

Image courtesy of UK Parliamentary Transport Committee

The Department for Transport (DofT) must become a keener advocate for UK ports, urges the Transport Committee, in a new report looking at policy for improving road and rail access to ports. Launching the report, Louise Ellman, Chair of Transport Committee, said: “The Department has brought forward a new high-level strategy on ports, but ministers must now provide more detail about how it will be implemented to prioritise the removal of constraints to port development caused by


Report Maps North Sea Wind Regulations

Photo: DMA

A new report maps the regulations and industry standards applicable to maritime operations in the offshore wind sector of Denmark, the U.K., Germany and the Netherlands.   The report, which was drawn p by DNV GL for the Danish Maritime Authority (DMA), focuses on the need to harmonize the regulations of the offshore wind industry. Harmonized regulations in the maritime area could contribute to the competitiveness of shipowners and eliminate any unnecessary administrative burdens.


Consolidation, Greater focus on Risk Management and Higher Finance Costs - BIMCO

BIMCO Logo

BIMCO has today published the next in its series of reports looking at the “road to recovery” for dry bulk shipping beyond the current market difficulties. The foundation for the new report follows the conclusion of BIMCO’s previous analysis – that due to the severity of


Bimco Publishes Dry Bulk Crisis Report

Philippe Louis-Dreyfus. Photo: BIMCO

 BIMCO has published the next in its series of reports looking at the “road to recovery” for dry bulk shipping beyond the current market difficulties.    The foundation for the new report follows the conclusion of BIMCO’s previous analysis – that due to the


Marine Biogeographic Assessment of Hawaiian Islands

Marine Biogeographic Assessment of the Main Hawaiian Islands Image BOEM

The Bureau of Ocean Energy Management (BOEM) and the National Oceanic and Atmospheric Administration's (NOAA) National Centers for Coastal Ocean Science (NCCOS) have released a new report and interactive map and data sets that highlight what is known about the marine environment of the main


Carriers Playing Poker with Ports

Image: Drewry Shipping Consultants Limited

 Container shipping lines are in danger of putting future port investment at risk in their demands for terminal handling cost reductions, according to the recently launched Ports and Terminals Insight report published by global shipping consultancy Drewry.  


Swedish Club Report Shines Light on Vessel Claims

image: Swedish Club

The life of seafarers is never straightforward, and as a new report from the Swedish Club shows, the hazards and job complexities they face are very much dependent on the type of vessel they find themselves crewing.   In P&I Claims Analysis, published this week


DNV GL’s Debuts New Survey Reporting System

Paal Johansen (Photo: DNV GL)

Classification society DNV GL introduced a new form of reporting that it claims revolutionizes survey reporting for fleet managers. The newly structured report defines safety barriers and trends, using DNV GL's experience with barrier management in the offshore oil and gas industry.  


Enhanced Safety and Efficiency with DNV GL’s New Survey Reporting Program

Image:  DNV GL

 At the annual Seatrade Cruise Global 2016 conference in Ft. Lauderdale, Florida, classification society DNV GL introduced a new form of reporting that revolutionizes survey reporting for fleet managers.    The newly structured report defines safety barriers and trends


2015 - The Safest Year in Shipping for a Decade

Graphics: Allianz Global Corporate & Specialty

 The shipping industry saw its safest year in a decade in 2015, according to a new report from Allianz Global Corporate & Specialty (AGCS), though 85 total losses reported worldwide last year, down from 88 in 2014 and well below the 10-year average of 123.  


RMS Report Examines Marine Risk, Cargo Modeling

RMS has published a new report examining the current state of cargo modeling in the marine market, and providing a new cargo-specific approach to the assessment of vulnerability and port accumulation. The report “Marine Cargo Catastrophe Modeling: Navigating the Challenges


Flaws Hinder US Harbor Maintenance Fund -Report

Photo: Alliance for Innovation and Infrastructure

There exist serious flaws in U.S. infrastructure funding practices that hinder the maintenance and improvement of American ports and harbors, according to a new report, “Harbor Maintenance Trust Fund: Broken or Misused?” released by the Alliance for Innovation and Infrastructure (Aii)


Maritime Security Experts Weigh in on West Africa

Risk Intelligence launches new service providing overview of operational and regulatory risks of privately contracted maritime security in West Africa   Maritime operations in West Africa are affected by threats from piracy and other maritime crime


India’s Potential in Offshore Wind Power

Image: DNV GL – Energy

 The Global Wind Energy Council (GWEC) launched a new report: “Supply Chain, Port Infrastructure and Logistics Study” for offshore wind development in the states of Gujarat and Tamil Nadu in India.    This study is a significant step forward in preparing a roadmap for


Piracy Drops to 21-year low - IMB

Courtesy IMB

Piracy and armed robbery at sea has fallen to its lowest levels since 1995, despite a surge in kidnappings off West Africa, according to a new report from the International Chamber of Commerce’s International Maritime Bureau (IMB). IMB’s global piracy report shows 98 incidents in


Piracy Drops to 21-year Low, IMB Reports

Graphics: International Maritime Bureau

 Piracy and armed robbery at sea has fallen to its lowest levels since 1995, despite a surge in kidnappings off West Africa, according to a new report from the International Chamber of Commerce’s International Maritime Bureau (IMB).  


New Plan Would Make Seattle One of US’ Deepest Ports

Photo: Port of Seattle

A new report published by the U.S. Army Corps of Engineers in partnership with the Port of Seattle outlines a plan that would make the port one of the deepest harbors in North America.   Within the Seattle Harbor Navigation Improvement Project Draft Feasibility Report and Environmental






 
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