The U.S. Department of Homeland Security will not further extend the limited Jones Act waiver applying to tankers transporting fuel in hurricane-hit areas of the United States, which will allow the waiver to expire tonight at midnight. The temporary limited waiver was first issued September 8 at the recommendation of the Departments of Defense and Energy due to … [Read more...]
About Mike Schuler
IMO Issues New Warning on Bauxite Cargoes
The International Maritime Organization has issued a new warning that a newly-discovered phenomenon - different from cargo liquefaction - could cause bauxite cargoes to become unstable when carried in bulk on a ship, potentially causing the vessel to capsize and sink. Bauxite, a type of rock, is one of the world’s major sources of aluminium with around 100 million … [Read more...]
CNO: U.S. Navy Ships Told to Turn AIS Transmitting ‘ON’ in High-Traffic Areas
The U.S. Navy has already taken action to prevent future mishaps involving its ships at sea, including turning on the Automatic Identification Systems of its vessels in high-traffic areas. The Navy's new policy on transmitting AIS was revealed by the Navy's Chief of Naval Operations Admiral John Richardson during questioning following his testimony before the Senate Armed … [Read more...]
MSC Confirms Order for Eleven 22,000 TEU Containerships
On the heels of CMA CGM's order for nine record-breaking 22,000 TEU containerships, Mediterranean Shipping Company has confirmed it has placed its own order for eleven new vessels each with a capacity of 22,000 TEU. Although the newbuilding order has not been officially announced, a spokesperson for MSC has confirmed the order in a statement to gCaptain. The order was … [Read more...]
Transocean: Chevron Terminating Contract for Discoverer Clear Leader Drillship
Offshore drilling rig provider Transocean has announced that Chevron has given notice that it will terminate the contract for the ultra-deepwater drillship Discoverer Clear Leader nearly a year ahead of schedule. Transocean said Thursday that Chevron elected to exercise its contractual option to terminate the drilling contract early. The contract will be terminated as of … [Read more...]
Oil Tanker Grounds on Scheldt River After Run-In with Bulk Carrier
A 188-meter oil tanker ran aground on the Western Scheldt while departing the Port of Antwerp on Wednesday following a close encounter with a bulk carrier, according to reports. The Port of Antwerp posted pictures showing the German-flagged MT Seatrout aground at low tide near Bath, Netherlands. After closing the port to vessels less than 200m, tugs helped refloat the … [Read more...]
A.P. Moller – Maersk Sells Tanker Unit to Maersk Family Fund for $1.17 Billion
Danish conglomerate A.P. Moller - Maersk (Maersk Group) has signed a deal to sell its Maersk Tankers unit to a subsidiary of A.P. Moller Holding for $1.17 billion in cash. A.P. Moller Holding, the controlling shareholder of Maersk Group, is a wholly-owned fund established by the founder of A.P. Moller-Maersk. It will take ownership of Maersk Tankers through its subsidiary … [Read more...]