Example of a "trapdoor" arrangement with ladder hanging from bottom of platform. Image courtesy American Pilots' Association The American Pilots' Association has sent a letter to state pilotage authorities across the United States on behalf of approximately 1,200 American ship pilots to improve safety pilot safety following the death of a New York pilot in December. The … [Read more...]
Captain Livingstone: All Person Errors
Photo: Shutterstock.com / Zoya_Yakovleva By Captain George Livingstone - There has been a lot of work in the last few decades directed toward accident prevention in marine transportation. We know most accidents are caused by human error, importantly, a series of errors. The much talked about error chain comes to mind, and eliminating single person errors. The theory is that … [Read more...]
The Impact of U.S. Sanctions on Oil Market and Rosneft
Photo: tcly / Shutterstock By Gleb Gorodyankin and Polina Devitt MOSCOW/LONDON, Feb 19 (Reuters) - The United States on Tuesday ramped up pressure on Venezuela by blacklisting a subsidiary of Russian state oil major Rosneft that Washington said provides a financial lifeline to President Nicolas Maduro's government. The U.S. sanctions threaten Venezuela's ability to … [Read more...]
Shift to Cleaner Power Sparks Landmark Green Bond in Japan
Teun van den Dries / Shutterstock By Ayai Tomisawa and Rie Morita (Bloomberg) -- In Japan’s gusty northeast, a power company is looking to fund offshore wind projects with a landmark sale of green bonds that seeks to muscle in on the growing pool of money available for environmentally friendly investments. Tohoku Electric Power Co. plans to price what would be the debut … [Read more...]
Maersk Expands Logistics Push with Purchase of U.S. Warehousing Firm
Photo credit: Maersk COPENHAGEN, Feb 19 (Reuters) - Danish shipping group A.P. Moller-Maersk said on Wednesday it had agreed to buy U.S. warehousing and distribution firm Performance Team as part of plans to deliver more customised logistics solutions. Maersk said the the value of the deal is $545 million, including lease liabilities of around $225 … [Read more...]