Fall of Fugitive `Batman’ Puts Global Oil Trading on the Spot

By Sabrina Valle and Lucia Kassai (Bloomberg) -- To his friends, Rodrigo Berkowitz lived within his means in a rented house in the suburbs of Houston. The former oil trader for state-controlled producer Petroleo Brasileiro SA bought clothes in outlet malls and sent his two daughters to public school. For a family Christmas trip to Orlando, his plan was to drive the … [Read more...]

Coast Guard Announces Formal Investigation into FV Mary B II Capsizing at Oregon’s Yaquina Bay Bar

The U.S. Coast Guard is convening a formal marine casualty investigation into the loss of the fishing vessel Mary B II, which capsized off Newport, Oregon this month resulting in the loss of three lives. On January 9, 2019, crew of the 42-foot fishing vessel, Mary B II, were attempting to cross the Yaquina Bay Bar during heavy weather when the vessel capsized with all three … [Read more...]

NTSB Marine Accident Brief: Sinking of the Towing Vessel Spence

The NTSB has released a Marine Accident Brief on its investigation into the December 2015 sinking of the towing vessel Spence in the Caribbean Sea. On December 14, 2015 the U.S.-flagged towing vessel Spence listed severely after taking on water about 115 nautical miles north of Cartagena, Colombia. Despite the crew's effort to correct it, the list continued to worsen and … [Read more...]

Coast Guard Kicks Off ‘Alaska Juris’ Investigation Hearing

The U.S. Coast Guard on Monday kicked off a public hearing on its investigation into the abandoning and sinking of the fishing vessel Alaska Juris off the coast of Alaska earlier this year. The 10-day Formal Marine Investigation is open to the public and is taking place at the Henry Jackson Federal Building in Seattle, Washington. The intent of the hearing is to … [Read more...]