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Friday, November 21st, 2008
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Featured MarEx Print Article: Larry Kiern’s Washington Insider

  Washington attorney and MarEx columnist Larry Kiern weighs in on litigation against dredging contractors in the wake of Gulf Coast hurricanes. This week’s featured archive MarEx print article is taken from our October edition, which also features the leaders of the American Salvage Association on the cover. Follow along as Larry Kiern, our regular Washington Insider columnist leads you to a better understanding of the national policy implications of recent decisions of the U.S. District Court for the Eastern District of Louisiana in cases arising from the devastation of Hurricane Katrina. The court issued important rulings in ... < Read More >
The Impact of Oil Price Volatility on the Maritime Industry: A double-edged sword

  Falling bunker prices are only part of the big-picture equation. I had the good fortune to be in Washington, DC last week on business and was able to time my schedule so as to attend a joint Kings Point / Propeller Club function in Arlington. The luncheon included a series of lectures on “The Impact of Oil Price Volatility on the Maritime Industry,” followed by an informal Q&A period. I’m guessing there were as many as 100 industry executives, Kings Point alumni and a few of us state academy-types in attendance. The well-attended affair touched upon some ... < Read More >
U.S. Coast Guard Safety Alerts (2)

  Inspection of Fuel Oil Quick-Closing Valves & Electronically-Controlled Cargo Pump Engine Components •INSPECTION OF FUEL OIL QUICK-CLOSING VALVES The U.S. Coast Guard strongly recommends that owners and/or operators, vessel engineers, marine inspection personnel and others involved with the technical examination of machinery space equipment fully understand the critical nature and importance of fuel oil quick-closing valves (FOQCVs) and associated systems. FOQCV systems must be well maintained and tested in the same way they would be used in an emergency (e.g. close all valves on each system at the same time). Crewmember knowledge, testing, maintenance and repair, system ... < Read More >