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  • New Rules Proposed for Maritime Security Program

    Aug 07, 2015 12:51 PM

    On August 5, 2015, the U.S. Maritime Administration proposed new rules for the U.S. Maritime Security Program (MSP). MSP secures the services of 60 privately owned U.S.-flag vessels for the U.S. Government in exchange for an annual stipend currently set at $3.1 million. The largest participant in the Program is Maersk Line, Limited.

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  • Six Quick Facts About the New Suez Canal

    Aug 07, 2015 12:50 PM

    Egypt on Thursday opens the New Suez Canal, an extension which flanks the existing 145-year-old waterway and part of a larger undertaking to expand trade.

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  • NOL Sale a Bargain with Modern Fleet

    Aug 07, 2015 09:48 AM

    Singapore’s Temasek Holdings' sale of Neptune Orient Lines offers potential buyers a modern fleet at a bargain — around $2 billion, according to industry and banking sources.

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  • Shipbreaking Deaths Continue

    Aug 07, 2015 09:48 AM

    The NGO Shipbreaking Platform published its sixth South Asia Quarterly Update stating that a spate of recent deaths indicates that there is still a lack of safety equipment being used in the industry.

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  • Jones Act Challenge Fails

    Aug 07, 2015 09:47 AM

    The U.S. Court of Appeals for the Ninth Circuit turned away a challenge to the Jones Act on July 30, 2015. The case, brought in Hawaii by certain shipper interests, argued that the Jones Act impaired interstate trade and therefore violated the United States Constitution.

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  • U.S. Coast Guard Celebrates 225th Anniversary

    Aug 07, 2015 09:46 AM

    The U.S. Coast Guard celebrates 225 years of service on Tuesday.

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  • Talking Point: Beyond Foolhardy for (Australia) to Lose Maritime Skills

    PUBLIC interest has been drawn to the continued decline of the Australian merchant shipping fleet with the events surrounding the Alexander Spirit and its delayed departure from Devonport as it heads overseas to engage new, apparently more internationally competitive, crew.

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  • U.S. Representative Seeks To Honor Merchant Mariners

    Jul 31, 2015 12:56 PM

    U.S. Representative Susan W. Brooks (R- Ind.) wants to grant World War II Merchant Mariners with the highest civilian honor. Brooks has introduced the Merchant Marine of World War II Congressional Gold Medal Act (HR 2992) to Congress. If passed, the bill would collectively award a Congressional Gold Medal to merchant mariners who served during World War II.

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  • U.S. Coast Guard Revises Casualty Reporting Rules

    Jul 31, 2015 12:54 PM

    TITLE 46, CODE OF FEDERAL REGULATIONS (CFR), PART 4 MARINE CASUALTY REPORTING PROCEDURES GUIDE WITH ASSOCIATED STANDARD INTERPRETATIONS

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  • Korean Shipbuilders Awash in Red Ink

    Jul 31, 2015 12:54 PM

    All three South Korean shipbuilding giants have now reported massive operating losses. After market close Wednesday, Samsung Heavy Industries reported an operating loss of 1.55 trillion won ($1.3 billion). Analysts had thought the loss would be 343 million won.

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