In the Maritime Transportation Security Act (MTSA), signed into law on November 25, 2002, Congress directed the U.S. Coast Guard to. among other things, establish a vessel security plan requirement for appropriate vessels operating in United States waters.
Bunkering is an industry in its own right, but one that is squeezed by events, which happen in the much bigger industries that we are the bridge between. We are vital to both the energy and shipping markets, and at the mercy of both. When the energy markets move, our prices move.
The chairman of the board and chief executive officer of Interocean Management Corporation, George P. Steele, has announced the election of Robert S. Bassett as president of the company. Mr. Basset previously served as executive vice president
The owner of a small inland tug company has no choice but to come in to the office every Saturday morning to update his fleet and load locations for his customers; he can't reliably update his crew with change orders as the tugs frequently travel in rural areas with no cell phone coverage.
On December 30, 2000, the tanker Castor was underway in the western Mediterranean Sea en route from Constanza, Romania to Lagos, Nigeria, carrying 29,470 tons of unleaded gasoline. During a fierce winter storm, the ship developed a 22-m long crack
Since the worst-case scenario became a reality with September's terrorist attacks in the U.S.. organizations of all kinds have been forced to re-evaluate how security applies to their operations. While the nation's focus has been primarily on the aviation industry,
Ruddie E. Irizarry has been named deputy executive director of the Puerto Rico Maritime Shipping Authority, it was announced in San Juan, Puerto Rico, by PRMSA's executive director Roberto Lugo D'Acosta. Mr. Irizarry becomes PRMSA's second highest official,
S a l v a g e response in the United States, and to a considerable degree throughout the world, has evolved to become essentially a new industry as measured by historical precedent. There are five principal factors, which have forever changed
The Coast Guard is attempting to simplify and improve the licensing regulations for all commercial vessel personnel. The proposed amendments in CGD81-059 offer a license structure with career patterns for persons serving on all waters and on all kinds of vessels,
New Orleans-based Lykes Bros. Steamship Co. recently announced that it has agreed to acquire 100 percent ownership of Argonaut Line, Inc., the parent company of U.S.-flag ship operator Farrell Lines, New York, N.Y. "The combination of Farrell