US to Become Oil and Gas World Leader in Long Term - IEA
The head of the International Energy Agency Fatih Birol said on Thursday the United States would - in the long term - become the "undisputed leader of oil and gas production worldwide". Speaking at the U.N. climate conference in Bonn, Germany, he said the agency expected oil markets to rebalance next year if oil demand remained "more or less" as robust as it is today and if OPEC and non-OPEC continued with their oil production cuts. (Reporting by Ahmad Ghaddar; Editing by Mark Potter)
China Hopes U.S. Can Help Ease S.China Sea Tension
China hopes the United States can "help and not cause problems" in the disputed South China Sea, a senior Chinese diplomat said on Friday ahead of next week's visit to Beijing by President Donald Trump. The United States has criticised China's construction of islands and build-up of military facilities in the sea, and is concerned they could be used to restrict free nautical movement. U.S. Navy ships have also carried out freedom of navigation patrols in the area, angering China. Speaking to reporters about Trump's trip, Chinese Vice Foreign Minister Zheng Zeguang said China has indisputable sovereignty over islands and surrounding waters in the South China Sea.
Offshore Oil Service Firms Dominate Energy Bankruptcies
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.
De Nora BWTS Concludes USCG Testing
De Nora announced that it has completed shipboard testing for its BALPURE ballast water treatment system (BWTS), and intends to make its submission for United States Coast Guard (USCG) Type Approval by the end of 2017. The shipboard testing of De Nora BALPURE was conducted on a US-flagged Aframax tanker operating in the west coast of the United States in the regulated waters of California and Alaska. The tanker is in normal trading and has been ballasting and deballasting with BALPURE system on a regular basis.
Safe Bulkers to Install Erma First BWTS
Safe Bulkers, an international provider of marine drybulk transportation services, announced today that it has agreed with Erma First, a Greece based company, to install in all Company's vessels a Ballast Water Treatment System (BWTS). The Ballast Water Management (BWM) Convention was adopted by the International Maritime Organization (IMO) and entered into force on 8 September 2017. The United States Environmental Protection Agency (EPA) had adopted similar regulation for ballast water treatment effective on January 1, 2016.
CPC: La Niña Chances at 65-75%
A U.S. government weather forecaster on Thursday said La Niña conditions are predicted to continue through the Northern Hemisphere winter 2017-18. The Climate Prediction Center (CPC), an agency of the National Weather Service, in a monthly forecast pegged the chance of La Niña developing at about 65 percent to 75 percent. The agency in its October advisory had projected a 55 percent to 65 percent chance of the phenomenon developing during the Northern Hemisphere's fall and winter.
China OKs Maersk Hamburg Süd Deal
The Ministry of Commerce (MOFCOM) in China approved Danish shipping giant Maersk Line’s proposed acquisition of Hamburg Süd, reported Reuters. Maersk Line, the world’s biggest container shipping company, will pay 3.7 billion euros ($4.3 billion) to buy German rival Hamburg Sud. However, China has put in place restrictions on Hamburg Süd and Maersk Line’s use of vessel-sharing agreements (VSA). The ministry, in a statement, said the company could not enter a new ship sharing alliance on Far East-South America routes in the five years after the deal.
Eagle Bulk Shipping May Issue Privately Placed Bonds
Eagle Bulk Shipping Inc. announced that it has mandated certain investment banks to arrange a series of fixed income investor meetings commencing on Monday, November 6th, 2017 to explore a potential private placement of bonds by its subsidiary Eagle Bulk Shipco LLC in the Norwegian bond market. If the Company decides to move forward with a transaction, the bonds would be offered only to qualified institutional buyers in reliance on an exemption from registration under the U.S. Securities Act of 1933, as amended and, outside the United States, only to non-U.S.
USS Donald Cook Departs Aksaz, Turkey
The Arleigh Burke class guided missile destroyer USS Donald Cook (DDG 75) departed Aksaz, Turkey, Nov. 9 after conducting a regularly scheduled port call. While Donald Cook was in port, Sailors attended multiple planning sessions, a reception for participants and a press conference for exercise Dogu Akdeniz 2017. After departing Aksaz, the ship and crew participated in a photo exercise for Dogu Akdeniz. "Our time in Aksaz was a great experience," said Cmdr. Matt Powel, commanding officer of the Donald Cook. "Our first evolution after departing went without a hitch," Powel said.
Australian Warships Drill with Republic Of Korea
Across late October and early November, Royal Australian Navy frigates HMA Ships Melbourne and Parramatta visited the Republic of Korea for the biennial maritime anti-submarine warfare exercise HAEDOLI WALLABY. Arriving alongside in Busan, Australian personnel and their Korean Navy counterparts commenced the harbour phase of the exercise, enhancing mutual understanding and cooperation through a series of table-top briefings, damage control demonstrations, practical scenarios and a game of soccer.
Quadrilateral Coalition on the Indo-Pacific
With an eye on China’s activities in the region, India said that the first meeting of its officials with those from the US, Australia and Japan — described as the “quadrilateral” — agreed that a “free, open, prosperous and inclusive Indo-Pacific region serves the long-term interests of all countries in the region and of the world at large”. "Officials from India’s Ministry of External Affairs, Australia’s Department of Foreign Affairs, Japan’s Ministry of Foreign Affairs and United State’s Department of State met in Manila on November 12…
False Citizenship Claim Leads to Conviction
R. Alexander Acosta, United States Attorney for the Southern District of Florida, Hal Robbins, Special Agent in Charge, Southeast Division, National Oceanic & Atmospheric Administration (NOAA), Keith Perniciaro, Acting Special Agent in Charge, Immigration and Customs Enforcement, and Jonathan Sall, Special Agent in Charge, United States Coast Guard Investigative Service, Southeast Region, announced today that defendant, David N. Straker, a citizen of Barbados residing in Virgin Gorda, British Virgin Islands, was convicted by guilty plea and sentenced by United States District Court Judge Paul Huck in Miami, Florida, in connection with the submission of false document to the United States Coast Guard, in violation of Title 18, United States Code, Section 1001.
The ‘Ag Coast’ of America
St. Louis Region’s Agriculture Freight Network Poised for Growth as Handling Capacity Increases along a 15-mile section of the Mississippi River. Located in the heartland of America, one 15-mile section of the Mississippi River in the St. Louis, Missouri, region delivers the highest level of grain barge handling capacity anywhere along the Mississippi River. Known as the “Agriculture or Ag Coast” of America in terms of barge transfer facilities for agricultural products, local stakeholders also know that in order to sustain and grow this impressive market share…
Bilden Joins HII Board of Directors
Philip M. Bilden has been elected to Huntington Ingalls Industries’ (HII) board of directors, effective November 7. Bilden retired last year as a co-founding member of the private equity firm HarbourVest Partners. He began his career in Boston in 1991 and relocated to Hong Kong in 1996 to establish the firm’s Asian subsidiary. Throughout his 25-year tenure at HarbourVest Partners, Bilden served in senior leadership roles in the firm’s global management, including the firm’s six-person executive committee responsible for governance.
River Pilot Pleads Guilty
Jim Letten, United States Attorney for the Eastern District of Louisiana, announced that TEAL MURDOCH GRUE, a river pilot and member of the New Orleans Baton Rouge Steamship Pilot's Association ("NOBRA") pled guilty to a Superseding Bill of Information charging him with making false material statements to the United States and misuse of a Federal Pilot's License. GRUE admitted he filed applications with attachments to the Regional Examination Center for the United States Coast Guard in New Orleans, La., in September, 1999 and again in March, 2000, which contained false material statements and entries regarding his personal and marine history with the United States Coast Guard in order to obtain a First Class Pilot's License.
SS United States Supporters Push for NY Return
The 'SS United States' - America's Flagship - is making her final push to return home to New York with a DAY OF ACTION on Thursday, 4, September in Manhattan that will also feature an announcement by a developer interested in re-purposing the historic ship into a major waterfront destination, says the SS United States Conservancy organization. The SS United States redevelopment will create more than 2000 jobs and generate significant revenue for the city. Volunteers will be handing…
Shipping Company and Chief Engineer Plead Guilty
Ionia Management, S.A. ("Ionia"), a Greek shipping company with offices in Piraeus, Greece, and Christos Kostakis, chief engineer aboard the M/T (Motor Tanker) Alkyon, a commercial oil and chemical tanker operated by IONIA, pled guilty to covering-up ocean dumping of waste oil by making false entries in a ship log and presenting that log to the United States Coast Guard in the course of an inspection required before docking at a United States port. The guilty pleas were entered in federal court in Brooklyn, New York, before United States District Judge Allyne R. Ross. According to the felony information filed, the Alkyon, like other large ships, produce waste oil from operation of its engineering machinery.
United Defense to Acquire United States Marine Repair
United Defense Industries announced that it has agreed to acquire closely held United States Marine Repair, Inc., a provider of non-nuclear ship repair, modernization, overhaul and conversion services to the United States Navy, for $316 million. Based in Norfolk, Va., United States Marine Repair serves defense and commercial customers at six strategically located ship repair operations in the major ports of Norfolk, Va.; San Diego, San Francisco and San Pedro, Calif.; Pearl Harbor, Hawaii; and Ingleside, Texas. In addition to the company's primary customer, the U.S. Navy, its current customers include the Military Sealift Command, the U.S. Army, the Maritime Administration, the U.S. Coast Guard, and commercial cruise lines such as Holland-America and Royal Caribbean.
Japanese Company Pleads Guilty to Illegal Dumping
Karin J. Immergut, United States Attorney for the District of Oregon, Debra W. Yang, United States Attorney for the Central District of California, Donald P. Sims, Special Agent in Charge of the Portland Area Office, Criminal Investigation Division of the United States Environmental Protection Agency (EPA-CID), United States Coast Guard Rear Admiral Jeffrey Garrett, Commander 13th Coast Guard District, and United States Coast Guard Captain Paul Jewell, Captain of the Port, Portland, announced today that Fujitrans Corporation, a Japanese transportation company, pled guilty to four felony charges for violating the Act to Prevent Pollution from Ships, Title 33, United States Code, Section 1908(a) and Title 33, Code of Federal Regulations, Sections 151.25(a), (d) and (h).
Renewed Effort to Save SS United States
As momentum builds for the effort to save and repurpose the greatest American ocean liner ever built, the SS United States Redevelopment Project (SSUSRP) announced that it has named New Canaan Advisors LLC (NCA) as real estate advisors to a growing team leading this exciting redevelopment program. New Canaan Advisors will assist the SSUSRP on a number of aspects related to transforming the historic ship into a stationary, multi-purpose waterfront destination. The SS United States, which will celebrate the 60th anniversary of its maiden voyage this year, remains the largest passenger vessel ever constructed in the United States. At nearly 1,000 feet long, she remains the fastest ocean liner to cross the North Atlantic and one of the last surviving of the great 20th Century liners.
Five Indicted on Fraudulent Seamen Charges
The U.S. Attorney for the Southern District of Florida has stated that five people have been indicted for bringing aliens into the United States by falsely asserting that the aliens were seamen joining ships in U.S. ports. The indicted individuals allegedly prepared false identification documents and made false statements to government officials. If convicted, the defendants face between five and ten years' imprisonment and fines of $250,000 as to each count. Maria Machado Diaz, Larry Milton, Guillermo Vidaurre, Delber Diaz, and Marvin Joseph, Jr., are being charged with migrant smuggling. They are facing five and ten years' imprisonment and a fine of $250,000 as to each count. The agencies have been investigating Diaz and associates since October 2002.
Documentary Planned on SS United States
Reston, Virginia based company, Rock Creek Productions, Inc. is producing a historical documentary entitled The Big U. The film focuses on the life and times of the superliner SS United States and her Philadelphia born designer, William Francis Gibbs. The SS United States has been on the National Register for Historic Places since 1999. The filmmakers are aiming for a 2008 national release on PBS. “I sailed on the ship when I was a little boy, and it’s remained in the back of my mind all these years. I’ve learned what an instrumental figure Gibbs was in the success of our nation’s navy fleets at a time when the United States ruled the oceans. Now it’s time for America to hear and learn about these forgotten icons,” stated Rock Creek’s Vice President and Producer/Director Tim Phillips.
News: Fraudulent Seamen Charges Brought on 5
The U.S. Attorney for the Southern District of Florida has stated that five people have been indicted for bringing aliens into the United States by falsely asserting that the aliens were seamen joining ships in U.S. ports. The indicted individuals allegedly prepared false identification documents and made false statements to government officials. If convicted, the defendants face between five and 10 years' imprisonment and fines of $250,000 as to each count. Maria Machado Diaz, Larry Milton, Guillermo Vidaurre, Delber Diaz, and Marvin Joseph, Jr., are being charged with migrant smuggling. They are facing five and 10 years' imprisonment and a fine of $250,000 as to each count. The agencies have been investigating Diaz and associates since October 2002.