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Coast Guard Pursues Enforcement Action against Bouchard

© Chris W. H. / MarineTraffic.com

The U.S. Coast Guard said it is pursuing enforcement action against Bouchard Transportation Company after the shipping company failed to comply with a captain of the port order for one of its two vessels anchored in the Marine Safety Unit Port Arthur, Texas, area of responsibility.According to the Coast Guard, tugs Kim M.

Anatomy of a Marine Casualty Investigation

MV Argo Merchant was a Liberian-flagged oil tanker that ran aground and sank southeast of Nantucket Island, Mass., on Dec. 15, 1976, causing one of the largest marine oil spills in history. U.S. Coast Guard Archives

Blank Rome’s maritime attorneys have represented clients in some of the largest maritime casualties in the last 20 years, including the Staten Island Ferry allision with a maintenance pier in New York, the blow out and eventual loss of the Deepwater Horizon drilling rig in the Gulf of Mexico,

The Federal Government’s 2020 Inland Impact

© William J. Chizek / Adobe Stock

It is often difficult to push through the federal government morass to focus on the issues that actually matter to the inland operator. While 2020 inevitably will be a contentious year in American politics, it is critical to stay focused on the items that will have direct impact on the U.S. maritime industry.

US Warship Seizes Suspected Iranian Weapons

The guided-missile cruiser USS Normandy (CG 60) boarded a stateless dhow in the Arabian Sea and interdicted an illicit shipment of advanced weapons and weapon components intended for the Houthis in Yemen, February 9, 2020. (U.S. Navy photo by Michael H. Lehman)

A U.S. Navy warship seized weapons believed to be of Iranian “design and manufacture,” including 150 anti-tank guided missiles and three Iranian surface-to-air missiles, the American military said on Thursday.In a statement, the military said the guided-missile cruiser Normandy boarded a dhow, a traditional sailing vessel,

EU Clears OLT Takeover by SNAM and FSI

Image: OLT Offshore LNG Toscana

The European Commission has approved the acquisition of OLT Offshore LNG Toscana by SNAM and the UK’s First State Investments International (FSI), under the EU merger regulation.According to the Commission, OLT is active in the management of a floating storage and regasification unit for liquefied natural gas in Italy.

DP World to Delist from Nasdaq Dubai

Image: DP World

DP World, one of the world’s largest port operators, is delisting from the Nasdaq Dubai and returning to fully private ownership.According to a press release, the  UAE-owned port behemoth’s parent company, Port and Free Zone World, has offered to buy the 19.55% of DP World’s shares traded on the Nasdaq Dubai for $16.

WFW Advises TUI on $1.3Bn Take Over

Image: Watson Farley & Williams

London-based international law firm Watson Farley & Williams has advised TUI Cruises GmbH on its acquisition of Hapag-Lloyd Cruises from TUI AG for US$1.3bn, excluding net debt.According to the the transaction is subject to customary closing conditions and regulatory approvals and is expected to close in summer 2020.

BPER Banca Finances Marittima Emiliana

Image:  Watson Farley & Williams

BPER Banca SpA has completed a naval financing for ME Marittima Emiliana SpA to a second-hand tanker built by the Chinese shipyard in Guangzhou in 2012.The tanker, originally flying under a Bahamian flag, has been renamed “Lady Rina” and is currently flying under an Italian flag. M.E. Marittima Emiliana,

BSM Fined $1.75 Mln for Illegal Bilge Dumping

© GIBFRAN46 / MarineTraffic.com

Operator Bernhard Schulte Shipmanagement (Singapore) on Monday pleaded guilty in federal court to maintaining false and incomplete records relating to the discharge of bilge waste from the tanker vessel Topaz Express, a felony violation of the Act to Prevent Pollution from Ships.According to court documents and information presented in court,

UKCS Mediation Pilot Launched

Image: Oil and Gas Authority

UK oil and gas industry regulator Oil and Gas Authority (OGA) has revealed that it has launched a year-long UK Continental Shelf (UKCS) “mediation pilot”.According to the OGA, the pilot aims to test the extent to which mediation can resolve certain disputes between oil and gas licensees, operators and infrastructure owners in the UKCS.

Japan Takes Shipbuilding Dispute to WTO

Image: Hyundai Merchant Marine

The Japanese government has filed a new petition with the World Trade Organization (WTO) against South Korea concerning alleged aid provided by the Korean government to the country’s shipbuilding industry.According to Yonhap, Japan has asked South Korea to discuss the issue which it says is affecting international competition,

Vopak Finalises Sale of Algeciras Oil Terminal

Image: Royal Vopak

Dutch multinational company Royal Vopak has recently completed the previously announced divestment of its oil terminal in Algeciras to First State Investments.This divestment is the finalization of the sale of three terminals (Amsterdam, Hamburg and Algeciras) to First State Investments as previously announced.

MOL in Restructuring Excercise

Image: MOL

Japanese shipping major Mitsui O.S.K. Lines (MOL) has unveiled a number of new restructuring measures effective April 1, 2020.According to a press release, the  marine transportation provider intends to establish three new divisions and integrate its two tanker divisions to achieve synergy.MOL

Norwegian Police Raid Teekay Office Over Waste Export

© Claus Schaefe / MarineTraffic.com

Norway's national economic crime unit raided the local office of international shipping company Teekay Offshore this week on suspicion of illegally exporting waste, the agency, known as Okokrim, said on Thursday.In recent years, courts in Europe using tougher regulations have fined shipping companies

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