An Alarming Number Of Shipping Companies Are Banning Knives, Here’s How To Stop Them

by Capt. John Konrad (gCaptain) A disturbing and dangerous trend is growing offshore. Despite overwhelming evidence that knives are essential to the safety of life at sea, shipping companies are increasingly banning the use of knives aboard ship.   Back in the days of tall ships, captains would break off the pointy tips of knives to prevent injuries and mutiny. Today’s … [Read more...]

Sharp Exchanges Highlight BP Fears of Climate Legal Jeopardy

By Kelly Gilblom (Bloomberg) -- After paying more than $65 billion in legal costs for the Deepwater Horizon catastrophe, BP Plc is wary of the risk of lawsuits related to climate change. Chief Executive Officer Bob Dudley raised the topic of class-action lawsuits twice during the company’s annual general meeting in Manchester, England on Monday, saying he wouldn’t disclose … [Read more...]

Trump Administration Moving to Relax Some Offshore Drilling Rules Put in Place After Deepwater Horizon

By Jennifer A. Dlouhy (Bloomberg) -- The Trump administration is moving to relax some offshore drilling requirements imposed in response to the Deepwater Horizon disaster but is rebuffing the oil industry’s plea for bigger changes. Proposed rule changes unveiled Friday include easing mandates for real-time monitoring of offshore operations and some other measures … [Read more...]

BP’s Gulf Oil Spill Tab Rises as Lawsuits Wind Down

By Amanda Jordan and Kelly Gilblom (Bloomberg) -- BP Plc raised the amount it will pay this year for the Deepwater Horizon accident as thousands of lawsuits related to the biggest oil spill in U.S. history start to wind down. The 2010 explosion at a well in the Gulf of Mexico threatened BP’s existence after 11 people were killed and millions of barrels of oil … [Read more...]

Trump Administration Rolls Back Offshore Safety Rules Put In Place After Deepwater Horizon

The Production Safety Systems Rule, which the Trump administration is planning to roll back, addresses safety and pollution prevention equipment, subsea safety devices and safety device testing for the production of oil and gas resources on the U.S. outer continental shelf (OCS). By Catherine Traywick (Bloomberg) -- The Trump administration is rolling back offshore … [Read more...]