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Maritime Executive

Brazil Judge Dismisses Case Against Chevron & Transocean

By The Maritime Executive
October 1, 2013
A Brazilian federal judge on Tuesday dismissed a lawsuit against No. 2 U.S. oil company Chevron Corp after approving a negotiated settlement, a decision that closes a nearly two-year legal battle over...
Maritime Executive

Maersk Bullish on Latin America, Eyes Mexico's Deep Water Oil

By The Maritime Executive
October 1, 2013
Danish oil and shipping group A.P. Moller-Maersk sees big investment potential in Latin America, including deep water oil projects and ports in Mexico, its chief executive said on Tuesday. In an inte...
Maritime Executive

Game Changer

By Jim Romeo
October 1, 2013
?? In Savannah, Georgia a heavy lift ship carries a series of bigger, taller cranes to bolster the lifting and cargo capacity of the port. Savannah, like several other container ports on the East Coa...
Maritime Executive

Trial Update: Lawyers Accuse BP of Oil Spill Lies

By The Maritime Executive
October 1, 2013
In the frantic days after the 2010 Gulf of Mexico oil spill, BP lied about how much oil was leaking from its Macondo well and took too long to cap it, plaintiffs' lawyers said on Monday at the opening...
Maritime Executive

BP Faces $18 Billion in Fines During Second Phase of Deepwater Horizon Trial

By The Maritime Executive
September 30, 2013
BP is battling to hold down fines that could hit $18 billion in a new phase of the Gulf of Mexico trial that will rule on how much oil it spilled in 2010 and judge its efforts to plug its well. Begin...
Maritime Executive

Maritime Industry Charging Into Future, Says Jaenichen

By The Maritime Executive
September 30, 2013
Acting Administrator of the U.S. Maritime Administration (MARAD), Paul "Chip" Jaenichen, posted the following entry on Fast Lane, The Official Blog of the U.S. Department of Transportation: The econo...
Maritime Executive

Apache Biggest Decom Spender in GoM for Last Two Years, Report Reveals

By The Maritime Executive
September 26, 2013
Photo: Apache's Beryl Bravo platform with helicopter and subsea operations. Around half the total decommissioning spend in the Gulf of Mexico last year came from just four companies, with Apache way...
Maritime Executive

BOEM Calls for Comment on Potential Oil, Gas Lease Sale Offshore Alaska

By The Maritime Executive
September 26, 2013
As part of the Obama Administration's all-of-the-above energy strategy to continue to expand safe and responsible domestic energy development, the Bureau of Ocean Energy Management (BOEM) issued a Cal...
Maritime Executive

Damen Trading Delivers Several Vessels

By The Maritime Executive
September 26, 2013
Trading in pre-owned vessels continues to be a popular choice for many customers. Damen Trading facilitates the sale and purchase of both Damen and third-party vessels. Recent deals highlight how trad...
Maritime Executive

Knights Offshore Support Takes Delivery of First CTruk OWSV

By The Maritime Executive
September 26, 2013
New business venture Knights Offshore Support (KOS) has taken delivery of its first CTruk 20T MPC offshore wind support vessel, Coastal Knight, which will soon join offshore wind industry service prov...

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