Mitigating Maritime Risk
“The First Steps in Mitigating Contemporary Risks to our Strategic Sea Lines of Communication”It is indisputable that the world’s economy floats on seawater. It is equally indisputable that international maritime transportation is the tool that keeps the global economy moving. The world economy has surged over the last half century, and that growth has been largely driven by globalization and the consequent reduction in barriers to trade. Any operational disruptions in maritime transportation have wider consequences for society…
CMA CGM Celebrates 40 Years of Entrepreneurialship
40 years ago, on September 13th, 1978, Jacques R. Saadé launched the first maritime line between Marseilles and Beirut, with only one ship and 4 employees. The day marked the beginning of an extraordinary humane and entrepreneurial adventure, said a press release.According to the statement, 40 years later, CMA CGM has become a recognized world leader, with 34,000 employees and a presence in more than 160 countries. History: It is amid the Lebanese war that Jacques R. Saadé decided to settle in Marseilles to protect his family.
Exceptional Tribute Paid to Jacques R. Saadé
The death of Jacques R. Saadé, Founding President of the CMA CGM Group, roused an emotional response within the Group, in the entire maritime transportation industry and beyond. An exceptional tribute was paid to him on Friday, June 29, during his funeral. Jacques R. Saadé dedicated his life to CMA CGM. All the Group’s employees based in Marseilles were invited to attend the religious ceremony celebrated at La Major Cathedral. Attendees included Jean-Yves Le Drian, Minister for Europe and Foreign Affairs, Mrs.
Laino Named Chembulk CCO
Chembulk Tankers named Steve Laino its Chief Commercial Officer, based out of the Southport office and responsible for all facets of our commercial strategy worldwide, including chartering, projects and client relations. Laino comes to Chembulk with more than two decades of diverse experience in the maritime transportation industry, with experience in the chemical tanker sector. Laino has held roles in operations both at sea and ashore, in commercial capacities as a tanker broker, projects broker and shipowner. Most recently, Laino held the role of Chief Operating Officer of Chemical Transportation Group (CTG), which he founded together with two partners and a group of investors in 2014.
Partners to Leverage AI to Optimize Maritime Logistics
Transmetrics’ digital solution optimizes marine logistics using AI technologies and Marlink’s global multi-band networkMarlink has signed an agreement with Transmetrics to establish a strategic business partnership aimed at predictive logistics optimization for maritime customers. The agreement will enable Transmetrics, a Forbes-awarded start-up, to leverage Marlink’s broadband satellite communications network, digital solutions and contacts to further develop maritime logistics innovations.
PTA Raises Saudi Flag on Bahri's Fifth VLCC
The Public Transport Authority (PTA) has raised the Saudi flag on Shaden, a Very Large Crude Carrier (VLCC) owned and operated by Bahri, a global leader in transportation and logistics. At a ceremony held on Thursday, November 23 at Port of Ras Tanura in the presence of senior officials from PTA and Bahri, the new vessel joined the country’s national maritime fleet and became Bahri’s fifth VLCC to raise the Kingdom’s flag in 2017. Bahri is the world’s largest owner and operator of VLCCs with a fleet of 88 multi-purpose vessels.
Coalition Calls for Action on Vessel Discharge Legislation
The American Waterways Operators (AWO) and a broad-based coalition of organizations that rely on marine vessels to transport essential cargoes said a uniform national framework for the regulation of vessel discharges is urgently needed. The coalition called upon the Senate Commerce Committee to move quickly to approve S.373, the Vessel Incidental Discharge Act (VIDA), bipartisan legislation introduced by Senators Marco Rubio (R-Fla.), John Thune (R-S.D.), and Bill Nelson (D-Fla.). In a letter to Senators Thune and Nelson, respectively the Chairman and Ranking Member of the Commerce Committee, the coalition stated that vessel discharge reform legislation would rectify an untenable situation “by establishing a uniform…
Senate Committee Approves Vessel Discharge Reform Legislation
The effort to establish a uniform national framework for the regulation of vessel discharges took another step forward as the Senate Committee on Commerce, Science and Transportation approved S. 373, the Vessel Incidental Discharge Act, with strong bipartisan support. A broad-based coalition of nearly 60 organizations joined the American Waterways Operators in urging the committee to approve VIDA. This measure would replace a patchwork of overlapping and conflicting federal and state regulations with a uniform, science-based federal framework for vessel discharge regulation.
Coalition Asks Senate for Vessel Discharge Legislation
On June 20, a diverse coalition of 58 national and regional organizations representing a wide array of leading business, maritime and labor organizations signed on to a letter to Senate Commerce, Science and Transportation Committee Chairman John Rockefeller (D-W.Va.) and Ranking Member John Thune (R-SD) urging that the committee mark up and approve S. 2094, a bill that would establish a uniform, science-based national framework for the regulation of ballast water and other vessel discharges. S. 2094, introduced on March 6 by Sens.
FMC Honors Crowley for Green Initiatives
Crowley Maritime Corp. has been honored with the 2015 Federal Maritime Commission (FMC) Chairman’s Earth Day Award in recognition of the organization’s companywide environmental stewardship initiatives. The announcement was made during a Professional Environmental Management Association luncheon held in Seal Beach, Calif., earlier this week. FMC Chairman Mario Cordero will present a plaque commemorating the award to Crowley during a future recognition ceremony in Washington D.C.
Sea Star Line, Boys & Girls Clubs Partner to Name Marlin Class Ships
In June 2014, Sea Star Line partnered with the 11 clubs of the Boys & Girls Clubs of Puerto Rico in a contest to name the new liquefied natural gas (LNG) vessels which will be dedicated to the Puerto Rico trade by TOTE, Sea Star Line’s parent company. The Marlin Class vessels have attracted international attention as the first cargo ships in the world to run on natural gas. In addition to their improved environmental profile, the Marlins will represent a new standard in safety and TOTE’s long-term commitment to the people of Puerto Rico.
Cyber SAFE Ship Delivered
The first ships to be classed with Lloyd’s Register’s cyber notations have been delivered to Global United in Korea. Built by Hanjin Heavy Industries, in collaboration with Alpha Ori Technology, the ships have been awarded the notation Cyber (AL-SAFE) certifying the autonomous systems onboard as safe. This is the first real example of the digital transformation in shipping – the ships will operate in an autonomous mode for selected functions using cutting edge digital technology. The new cyber-enabled features allow crew to operate ships more efficiently.
Maritime Hall of Fame Honors Marine Visionaries
The 23rd Annual International Maritime Hall of Fame reception and awards dinner took place yesterday evening in New York where five individuals were honored in front of more than 350 of their colleagues from the international maritime transportation industry. The Maritime Association of the Port of New York and New Jersey founded the Annual International Maritime Hall of Fame in 1993 to recognize maritime visionaries who, through excellence in their company, organization or services, best exemplify the qualities of futuristic thinking that guides the maritime industry.
Carnival Plans to Save 1 Billion Gallons of Fuel
Carnival Corporation & plc released the results of its multiyear Fleet Fuel Conservation Program that states by the end of 2014 the cruise company will have saved more than one billion gallons of fuel and reduced fleet carbon emissions by 12 billion kilograms over a seven year period. By the end of 2014, Carnival Corporation's Fleet Fuel Conservation Program will have improved the fleet's overall fuel efficiency by 24 percent compared to 2007, while saving approximately $2.5 billion in fuel costs, the company's single biggest expense.
Foss Key Management Assignments
Foss Maritime announced that two marine transportation veterans - one a longtime Foss manager and the other newly hired employee with extensive senior management experience - will take over key assignments at the company. Andy Stephens has been promoted to Vice President, Business and Planning Development, where he will be responsible for developing initiatives for the consolidated business activities of Foss Maritime. Stephens, who joined the company in 1993, will also become chief of staff to Foss Maritime COO and President Gary Faber. Meanwhile, Faber announced the hiring of Mike Magill, who will become Vice President, Technical Services. He will take over responsibilities for Foss' shipyards, purchasing and engineering departments; areas previously managed by Stephens.
To Litigate, or Arbitrate? That is the Question
More than once, I have been asked to resolve a dispute in which my client was surprised to learn either that it could not force the other side into arbitration, or that arbitration was very different from its expectations. Many companies devote hours (if not weeks and months) to negotiating what they consider to be the “substantive” terms of a contract, yet they pay little attention to the dispute resolution clause often included among boilerplate terms at the end. This is a risky practice, for rights that are carefully bargained for may effectively be lost if the “right” dispute resolution procedure is not negotiated at the outset. When it comes to dispute resolution clauses, there is no one-size-fits-all solution.
PortVision Appoints Perduto
PortVision has appointed James Perduto as Director of Transportation and Government Business Development. Based in N.Y., James assumes responsibility for business development for the company's enterprise software solutions and PortVision, a web-based platform that provides visibility and reporting for global commercial AIS vessel tracking activities. A veteran mariner and maritime transportation executive, James has had extensive business development experience in the maritime transportation industry. Most recently, James served as Vice-President of Sales for a maritime software solutions provider and prior to that, as Vice-President of North American Marketing and Customer Service for a large roll-on/roll-off steamship company. In addition, James has held leadership positions in the U.S.
Security: Security of Ports and Vessels: A New Approach
Clearly, the maritime industry is one of the most powerful drivers of international commerce and economic vitality in the world. • The worldwide fleet of marine containers - a transportation cargo unit that can hold up to 500 computer monitors - is nearly 11 million. • The European Union, which is the main trading partner for two thirds of the world, in 2001 exported EUR 981 billion and imported EUR 1,027 billion. • The global ocean-liner shipping industry owns approximately $155 billion in vessels, containers, marine terminals and other direct operating assets now in service around the world. • Almost 16 million Americans work in port-related jobs, producing $210 billion in federal, state and local taxes annually.
Insights: Dennis L. Bryant, Bryant’s Maritime Consulting
Dennis L. Bryant retired from the U.S. Coast Guard with the rank of Captain after 27 years active duty. His billets included serving on the icebreaker NORTHWIND for several years including in 1969 when it escorted the tanker MANHATTAN through the Northwest Passage (this was back in the old days, when there was real ice in the Arctic). He also spent various tours as a law specialist, including an assignment as the Coast Guard’s Law of the Sea officer. He also served a tour in the…
Maritime Authority of Jamaica Conducts Island-wide Survey
Jamaica is embarking on a country-wide survey of all the commercial and domestic vessels in its waters to ensure it has accurate data on its maritime community. The Maritime Authority of Jamaica (MAJ), as Jamaica’s marine administration, has among its roles, obligations to provide for maritime safety and protection of the marine environment from potential damage caused by maritime activities which are on the increase in Jamaica’s waters. To more effectively carry out this mandate, during the months of December 2013 to May 2014, the MAJ will embark on a project to conduct island-wide surveys of all vessels domiciled in Jamaican waters in an effort to maintain an accurate account of the numbers and types of vessels using its waters for both commercial and personal purposes.
USCG: Marijuana Use Unacceptable for Mariners
The U.S. Coast Guard issued a notice to ensure that mariners, marine employers, Medical Reviewing Officers and the public are knowledgeable of the continuing prohibition of marijuana use by those serving in safety-sensitive positions in the maritime transportation industry. The Coast Guard said it is important to note that marijuana remains a drug listed in Schedule I of the Controlled Substances Act. It remains unacceptable for any safety-sensitive employee serving in the maritime…
OP/ED: Actions Speak Louder Than Words
On June 27, I testified on behalf of the American Maritime Partnership (AMP) before the House Coast Guard and Maritime Transportation Subcommittee at a hearing that questioned the Administration’s skirting of the Jones Act during last summer’s Strategic Petroleum Reserve (SPR) drawdown. Members of Congress were keenly interested in understanding how the Administration authorized waivers for foreign flag ships to carry U.S. oil between U.S. destinations when American vessels crewed…
Perduto VP N American Sales ,ShipDecision
Veteran mariner and maritime transportation executive James Perduto has been appointed to lead the North American sales initiatives for ShipDecision technology. Based in N.Y., James assumes responsibility for spearheading sales of the company’s web-based business information management solution, both in the United States and Canada. Perduto has extensive business development experience in the maritime transportation industry, most recently as Vice President of Sales, Marketing and Customer Service for Höegh Autoliners Inc. in N.Y. In addition to his commercial background James has held leadership positions as a U.S. Navy Commander while mobilized with The Joint Chiefs of Staff and a Military Sealift Command Expeditionary Port Unit.