By Captain George Livingston - Fatigue has the official attention of the international maritime community. From the likes of the International Maritime Organization (IMO), the USA’s National Transportation Safety Board (NTSB), the UK’s Marine Accident Investigation Branch (MAIB), the Australian Transport Safety Bureau (ATSB), etc., safety agencies worldwide have … [Read more...]
Business of Shipping: Simple Rules for Attracting Investors for Public Shipping Firms
By Ira Breskin - Veteran investment banker Brian Friedman, president, Jefferies Financial Group, recently explained the simple rules executives of publicly traded shipping firms should heed to attract and retain fickle Wall Street investors’ attention. His ground rules are brutal in their simplicity. First, market leaders must have scale, Friedman said. That means shipping … [Read more...]
Analysis: U.S. Supreme Court Ruling Against Awarding Punitive Damages for Unseaworthiness Claims
Reese B. Mitchell - On June 24, 2019, the United States Supreme Court ruled mariners’ unseaworthiness claims are ineligible for punitive damages. The Dutra Grp. v. Batterton, No. 18-266, 2019 WL 2570621 (U.S. June 24, 2019). In a 6-3 ruling, Justice Alito’s authored decision reversed the Ninth Circuit’s practice of granting punitive damages in claims based on … [Read more...]
Editorial: Clusters For ONE Blue Ocean Economy
Editorial by Joshua Berger (Washington Maritime Blue) “There is just ONE Ocean”, Sir Peter Thompson, the UN’s Special Envoy to the Ocean reflected at this past February’s OECD Environmental Committee session on the topic. All of the globe’s ocean waters, resources, tributaries, impacts and interests are interconnected and interdependent. On the UN’s World Ocean Day … [Read more...]
Business of Shipping – Nor-Shipping 2019
By Ira Breskin in Oslo, Norway - Executives from maritime industry service providers interviewed at the Nor-Shipping conference in Oslo last week universally promoted intelligently designed and targeted new offerings to the maritime industry. For example, classification society/consultancy DNV GL promoted its Veracity web-based portal that can display and analyze a myriad of … [Read more...]