Marine Link
Friday, November 17, 2017

Law Implements News

Maritime Pollution Prevention Act Signed into Law

President Bush has signed into law the Maritime Pollution Prevention Act of 2008 (H.R. 802). This law implements for the United States Annex VI to the MARPOL Convention (Prevention of Air Pollution from Ships). The Environmental Protection Agency (EPA) issued a news release discussing the new legislation.

Cooperation Key Among Maritime Universities

Photo: International Maritime Organization (IMO)

Cooperation between academic institutions is key in ensuring the next generation of maritime professionals is well prepared. In this spirit, International Maritime Organization (IMO)'s Juvenal Shiundu delivered a keynote address at the opening ceremony of the International seminar on mutual cooperation between IMO, World Maritime University (WMU) and Korea Maritime and Ocean University (KMOU) in Busan, Republic of Korea (11 November). In front of a full audience, Shiundu reiterated…

Offshore Oil Service Firms Dominate Energy Bankruptcies

(File photo: Ocean Rig)

Offshore oil drilling and service companies, hurt by the energy industry's shift to lower-cost shale and away from deepwater projects, are dominating the year's energy bankruptcies in North America, according to law firm Haynes and Boone. There were fewer oilfield service companies seeking protection this year than last but those that did have had larger debts. Through October, 44 oilfield services companies filed for bankruptcy in the United States and Canada owing creditors $24.8 billion, compared with 72 companies and $13.48 billion for all of 2016.

Owner and Operator Sentenced to $1m Fine

The US Department of Justice said that the owner and operator of a foreign freighter pleaded guilty to violation of federal law by illegally discharging waste oil while bypassing the ship’s oily water separator and making false entries in the ship’s oil record book. The owner and operator were sentenced to pay a fine of $1 million, make a community service payment of $250,000, and implement a court-monitored environmental compliance program. Source: HK Law

Intelsat Announces Proposed Offering of Senior Notes

Intelsat S.A. announced that its subsidiary, Intelsat (Luxembourg) S.A. intends to offer $1,500,000,000 aggregate principal amount of senior notes due 2021. Intelsat Luxembourg's obligations under the notes will be guaranteed by Intelsat S.A. The net proceeds from the sale of the notes are expected to be used by Intelsat Luxembourg to redeem $915,000,000 aggregate principal amount of its outstanding 11½/12½% Senior PIK Election Notes due 2017 (the "2017 PIK Notes") in its previously announced redemption on April 5, 2013, to redeem an additional $460,000,000 aggregate principal amount of its outstanding 2017 PIK Notes, to pay related fees and expenses and for general corporate purposes…

DSME Posts Profit for Q3

DSME’s first LNG-FPSO is on display in Okpo Bay. Photo: Daewoo Shipbuilding and Marine Engineering

South Korean yard giant Daewoo Shipbuilding and Marine Engineering (DSME) ended the third quarter of this year with a profit of KRW 45.7 billion (USD 41 million), compared to a net loss of KRW 284 billion posted a year earlier, Yonhap said. The troubled shipbuilder is significantly better off than last year after a rescue package from the South Korean government in the spring. DSME, which has battled a highly publicised liquidity crunch for the past two years,  posted profit for the third straight quarter from July through September…

Dryships Announces Closing Of Private Offering

ATHENS, GREECE – April 28, 2011 - DryShips Inc. (NASDAQ: DRYS) (the “Company” or “DryShips”), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced the closing of the sale of $500 million aggregate principal amount of 9.5% Senior Unsecured Bonds Due 2016 (the “Bonds”) offered by its majority-owned subsidiary Ocean Rig UDW Inc. (“Ocean Rig”) in a private placement made to Norwegian professional investors and eligible counterparties as defined in the Norwegian Securities Trading Regulation 10-2 to 10-4…

IMO – Mandatory Ship Reporting Systems

The IMO issued a circular regarding one new mandatory ship reporting system and amendments to two current systems. The new system is in the Galapagos Particularly Sensitive Sea Area (PSSA). The systems will be implemented on 1 July 2007. Source: HK Law

Australia Implements MSIC Program

The Australian Minister for Transport and Regional Services said that the government will implement its Maritime Security Identification Card (MSIC) program on 1 January 2007. Of the 57,000 maritime industry workers who submitted applications for such cards by the 27 October 2006 deadline, over 56,000 have been issued their permanent cards. The remaining 1,000 will be issued temporary passes until their permanent cards are available. An additional 9,000 applications that were submitted after the deadline will be processed as promptly as possible. Source: HK Law

MarAd Revises Maritime Security Program

The U.S. Maritime Administration (MARAD) is revising and adopting as final its prior interim rule implementing the Maritime Security Program (MSP). Under MSP, owners and operators of active, commercially viable vessels are eligible for subsidies in return for making those vessels available to meet national defense and other security needs. The revisions consist mostly of clarifications of the interim rule. The final rule comes into effect on November 21. Source: HK Law

MERPAC Meeting

A working group of the Merchant Marine Personnel Advisory Committee (MERPAC), sponsored by the U.S. Coast Guard, will meet in Kings Point, New York on November 17 and 18. The purpose of the meeting is to discuss Task Statement #42 to review proposed revisions to the USCG regulation implementing the STCW Convention. 70 Fed. Reg. 61466 (HK Law)

House Committee Approves Air Emissions Bill

The House Committee on Transportation and Infrastructure said that it approved a number of bills, including H.R. 802, which, if enacted, will implement for the United States Annex VI to the MARPOL Convention. The Annex addresses regulations for the prevention of air pollution from ships. Source: HK Law

USCG to Require Drydocking of Single Hull Tank Ships

The Coast Guard has decided (somewhat belatedly) to implement IMO Resolution MSC.105(73) by not allowing any US flag non-double hull tank ship 15 years and older that trades internationally and is subject to SOLAS to conduct an underwater inspection in lieu of drydock (UWILD). A certificated tug and non-double hull barge that operate as a push-mode ITB is treated by the Coast Guard as a tank ship for this purpose. Source: HK Law

Corporate Investigation Service Launched

London-based law firm Lawrence Graham has launched LG Corporate Investigations - a multi-disciplinary team of experts who advise clients on the potential for corporate risk, and implement solutions to contain and minimize it, while also offering a full investigation service for those faced with possible fraud or regulatory breach. The team is also ideally positioned to advise businesses or directors who may require independent advice - both independent of the company and its existing advisers. Led by partner Andrew Witts, a specialist in corporate fraud and international asset tracing, the team brings together the firm's wide-ranging expertise in areas including: corporate governance…

Shipping Company Fined $3.5M

The U.S. Attorney for the Western District of Washington issued a Press Release stating that a Norwegian shipping company was sentenced to pay a fine of $3.5 million for seven felony violations relating to falsification of records concealing the intentional dumping of waste oil into the ocean. In addition, the company was ordered to develop and implement a comprehensive environmental compliance program and serve four years on probation. The violations were reported by a crewmember, who has been awarded $300,000 for his actions. (Source: HK Law)

NOAA & FWS: Ship Reporting System Proposed

The National Oceanic and Atmospheric Administration (NOAA) and the Fish and Wildlife Service (FWS) are proposing regulations for a ship reporting system for waters of the Papahanaumokuakea Marine National Monument, located at the northwest end of the Hawaiian Island chain.  This action would implement measures adopted by the IMO.  Comments on the proposal should be submitted by August 6.  73 Fed. Reg. 38375  (HK Law).

Challenges to Verify Security Ops

The Government Accountability Office (GAO) issued a report stating that US Customs and Border Protection (CBP) has enhanced its partnership with import trade sectors, but that challenges remain in verifying security practices.  It recommends that CBP improve its electronic validation instrument, improve the validation process, enhance its records management system, and establish performance measures for improving supply chain security.  The report also notes that CBP considered implementing tiered benefits for international carriers, but was not able to identify additional benefits to offer carriers in a tiered structure.  GAO-08-240 (HK Law).

USCG – Coordination of e-NOA/D with SLSDC

The USCG National Vessel Movement Center (NVMC) issued a news item stating that it is working with the Saint Lawrence Seaway Development Corporation (SLSDC) to include their “at least 96 hours prior to westbound entry of the Saint Lawrence Seaway (SLS) at C.I.P. 2” notification into the USCG electronic Notice of Arrival and Departure (e-NOA/D) system. It is anticipated that this coordinated notification system will be implemented prior to the start of the 2008 SLS navigation season. Source: HK Law

Brazil Implements Ballast Water Convention

The IMO issued a Circular forwarding a communication from the Government of Brazil stating that, effective 15 October 2005, Brazil has implemented domestic legislation, based on the ballast water convention, requiring ships to carry out ballast water discharge and related measures. Source: HK Law

Australian Customs Issues Addresses Maritime Surveillance

The Australian Minister for Customs issued a Media Release stating that the Australian Customs Service’s Annual Report has been tabled in Parliament. Among other things, the report discusses the significant enhancement to maritime surveillance that the agency implemented during 2005. Source: HK Law

NOAA Study Shows Value of PORTS Program

The National Oceanic and Atmospheric Administration (NOAA) issued a News Release stating that a recent study of operation of the Physical Oceanographic Real-Time System (PORTS) program in Tampa Bay demonstrated that the local economy receives more than $7 million a year in savings and direct income from operation of the program. Among other things, groundings and spills in the bay have decreased substantially since the program was implemented. Source: HK Law

Canada Proposes Amendments to MTSR

Transport Canada published proposed amendments to the Maritime Transportation Security Regulations (MTSR). The proposal, if adopted, would implement for Canada recent changes to the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW Convention) and require that the vessel security officer (VSO) have a certificate of proficiency. Comments on the proposal should be submitted by November 12. [Source: HK Law]

USCG Implements Authorization Act

Admiral Bob Papp, Commandant, US Coast Guard issued ALCOAST 507/10, explaining in part how he intends to implement the recently-signed Coast Guard Authorization Act of 2010. Even though the new law does not require continuation of the Atlantic and Pacific Area Commands, he will retain these positions. The Chief of Staff will become the Deputy Commandant for Mission Support (DCMS). The position of Deputy Commandant for Operations (DCO) will become a Vice Admiral billet. (10/15/10). (Source: Bryant’s Maritime News)  

Maritime Reporter Magazine Cover Nov 2017 - The Workboat Edition

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