by admin | Nov 16, 2015 | Uncategorized
Canada’s Prime Minister Justin Trudeau has instructed Transport Minister Marc Garneau to liaise with other ministries to effectuate the ban of oil tankers. The ban would restrict oil tankers from transiting waters off the northern coast of British Columbia and...
by admin | Nov 13, 2015 | Uncategorized
According to the National Transportation Safety Board, the bridge has finally been located from the US-flagged vessel, El Faro, that sank due to inclement weather related to Hurricane Joaquin last month. The vessels captain reported engine trouble while making its...
by admin | Nov 12, 2015 | Uncategorized
Increased arrivals of larger vessels, continued water conservation measures, fog and maintenance efforts is to blame for delays in transiting the canal of up to 11 days according to The Panama Canal Authority. The congestion began late September with the arrival of a...
by admin | Nov 10, 2015 | Uncategorized
As the price of crude oil continues to plummet, Colombia’s Mines and Energy Minister has announced planned tax cuts for oil companies drilling in some offshore areas in the Caribbean. Some contracts will receive a 25 percent reduction in income taxes and will...
by admin | Nov 9, 2015 | Uncategorized
The M/V Spree obtained a license from the U.S. Department of Commerce to commence multiple education and research trips and the charterer, the Gulf Reefs Environmental Action Team (G.R.E.A.T.), was granted permission by the U.S. Department of the Treasury to conduct...
by admin | Nov 6, 2015 | Uncategorized
Møller-Maersk is feeling the effects of continued significant low economic growth and has reported a 48% drop in its third quarter profits. Consequently they have announced they will be cutting about 4,000 land based jobs and will be re-organizing their operations to...
