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Pollution Liability Underwriters WQIS, Make Appointments, Share Business Insights
WQIS has learned that even market leaders and pioneers need to stay dynamic and never get complacent. Shaking things up can break barriers for even the strongest organizations.
Resolve and FDNY Sign Fire Response Agreement
Resolve Fire and Salvage signed an agreement with Fire Department New York (FDNY) last week, allowing the vast resources of the FDNY to be included in Resolve’s network of first responders that are available to vessel owners and operators, under the OPA90 Salvage & Marine Firefighting (SMFF) requirements. “FDNY has an excellent marine division that already responds first to marine incidents. This agreement simply formalizes FDNY’s role in the Vessel Response Plan (VRP)…
5 ‘Gotchas’ of Marine Insurance
“Gotchas” are pitfalls, catches, bait and land mines – a kicker, snare or snag. They are surprises and, in the world of insurance, surprises are rarely a good thing. ‘Gotchas’ can be caused by different things. It may be the age of the coverage forms; it may be case law has moved on beyond the policy’s intent. Or, it may be there is a ‘disconnect’ between policy wording and current business practices. Sometimes, these things occur simply because some insurance contracts are impenetrable.
Ince Welcomes FAC Piracy Report
The House of Commons Foreign Affairs Committee Report on “Piracy off the coast of Somalia”, published today, sets out the findings of the Foreign Affairs Committee…
CNO Delivers Keynote at FAPAC Conference
Chief of Naval Operations (CNO) Adm. Gary Roughead delivered the keynote address at the 26th annual Federal Asian Pacific American Council (FAPAC) conference at the Hyatt Regency hotel in Bellevue…
Hudspeth on Passenger Vessel Compliance
One thing we can look forward to in the new year and beyond is the implementation and development of more regulations. Through a series of unfortunate events, the marine industry seems to have become a prime target for scrutiny, which may or may not be warranted. The onus of compliance established its momentum with the potential threat of terrorists on the waterways; thus, we received the requirement for T.W.I.C. cards that somehow create a shield of security.
Shipping Confidence Dips Again
Overall confidence levels in the shipping industry dropped for the second successive quarter, although they are still up on the corresponding period last year, according…
Offshore: Winds of change or a storm to weather?
From the July 2010 edition of MarineNews. With all the activity in the offshore and inland markets these days there is a ray of hope for operators who are willing to adapt to the changes that are coming. As mariners, we are good at adapting, unfortunately, we’ll be dealing with conflicting governance of state and federal laws and the uncertainty of subchapter status for new vessel types to be designed, constructed and operated in support of the emerging offshore wind energy market.
Port of Kiel Passenger Totals Rise, Cargo Falls
Port of Kiel (SEEHAFEN KIEL GmbH & Co KG) Managing Director Dirk Claus said: “passenger and cargo traffic developed in different ways last year. We just missed the…
Opportunity Still Knocks for Shipping
Shipping accountant Moore Stephens said that, despite the current economic downturn, shipping is still a good business to be in, and that resourceful investors will find opportunities to expand…
Deterring Piracy at Sea
Contrary to the romanticized portrayal of pirates that have populated folk tales and captured youngsters' imaginations, modern-day pirates pose a clear and present threat to lives, commerce and the environment as they lurk over shipping lanes attacking ships and crew without regard for nationality or cargo. Piracy in the Gulf of Aden not only poses a threat to global commerce, but also threatens aid…
Profile: A Legacy Spanning Three Generations
Mention M. Rosenblatt & Son, Inc. (MR&S), to anyone who has been involved with the marine industry since the mid-20th Century and one would think of the naval architecture…
The Strong Get Stronger
Consolidation in the maritime industry is not something new. In the past five years, oil majors such as Exxon and Mobil, and BP, Amoco and Arco have all consolidated.
Exxon Snags Single Hull Tanker Charters
Five months after entering the tanker market to hedge its freight risk, U.S. oil giant Exxon Mobil has finally clinched two single-hulled VLCCs for five years time…
Text of DHS Ridge Speech
The following is the transcript of the Secretary of Homeland Security Tom Ridge at the Center for Strategic and International Studies, January 12, 2005. Secretary Ridge: John…
Regulatory Climate for Emergency Response
The holidays this past year presented unique challenges for the salvage industry in the U.S. On Friday Evening, November 26 (Thanksgiving Weekend) the fully laden 60…
West Coast Port Dispute Reach Tenative Deal
The longshoremen and West Coast shippers have reached a tentative pact that addresses issues relating to pension benefits and arbitration procedures, including technological advancements.
Is It A Good Thing?
Emergency response in the United States has a different perspective since the events of September 11, 2001. There is a renewed realization that preparation and planning…
K-Sea's OK Seas
Even on New York harbor, where the tugs range from burly to brutish, K-Sea's biggest are easy to pick out. Standing as tall as a seven-story house, they're the white ones.
Powerful Additions
After success with six John Deere marine engines, a charter fisherman adds four new PowerTech 12.5 L engines to his fleet. Steve Tomeny can't get enough of a good thing.