The U.S. Senate has confirmed Mark H. Buzby as the new administrator of the Maritime Administration (MARAD). MARAD executive director Joel Szabat had been serving in lieu of the administrator following the departure of outgoing administrator Paul “Chip” Jaenichen.
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DNV GL’s Tørstad Talks Energy Trends
When Elisabeth Tørstad took the helm as CEO of DNV GL - Oil & Gas in late 2013, the price of a barrel of NYMEX (WTI) crude oil was more than $100. Today, that price has been halved, and the 40-month period between her ascension to the top post…
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Telegraph Recovered from Lusitania Wreckage
More than 100 years after the sinking of the RMS Lusitania, divers have recovered yet another artifact from the wreckage of the historic ocean liner. The Lusitania was sailing from New York to Liverpool on May 7, 1915 when it was torpedoed by a German ...
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Predicting the Motion of the Ocean
For thousands of years sailors have looked out to sea, anticipating the motion of their craft from the waves they see coming. The nature of this constant motion, phasing in and out with the groups of waves, influences the safety of operations…
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Shell Mulls Refinery Upgrade to Meet 2020 Sulphur Rules
Royal Dutch Shell is considering expanding the capacity of one of its German refineries to make oil products that meet an upcoming cap on the sulphur content of fuels used in shipping. In the past few days, Rheinland refinery representatives…
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Tech File: NS Workboat
ABS mobile application is purpose-built for the workboat, inland sectors. ABS Nautical Systems, the ABS enterprise fleet management software suite, has launched a new mobile application, NS Workboat. The latest in a line of new tools that ABS…
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Novorossiisk Port Resumes Oil Loadings
Russian pipeline monopoly Transneft said on Friday that oil loadings from the Black Sea port of Novorossiisk had resumed after a storm. Transneft added in a statement, however, that weather conditions at the port remained unstable.
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Spencer Sworn in as US Navy Secretary
Richard V. Spencer was officially sworn in as the 76th secretary of the Navy (SECNAV) August 3, at a ceremony conducted in the Pentagon by William O'Donnell, Department of the Navy administrative assistant. Spencer, a Connecticut native, graduated…
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Improved Safety and Training, Part II
Everyone responsible for safety or training in their organization is very aware that everything is changing in the maritime world. The worker demographic has shifted. Regulatory demand is rising and compliance is more complex. Fortunately, it…
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TGS Shares Fall after Q2 Sales Disappoint
Shares of the world's leading provider of geoscience data to oil companies TGS fell by more than 6 percent on Thursday, after disappointing sales in the second quarter. TGS reported $108 million in quarterly revenues, 6 percent below consensus…
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