IMO welcomes entry into force of financial security for seafarers

IMO Secretary-General Kitack Lim has welcomed the entry into force today (18 January) of new obligations under the Maritime Labour Convention (MLC 2006) which require shipowners to have compulsory insurance to cover abandonment of seafarers, as well as claims for death or long-term disability of seafarers. The 2014 amendments to the MLC 2006, which comes … More IMO welcomes entry into force of financial security for seafarers

Gov’t to build capacity in new oil, gas sector

GINA, GUYANA, Tuesday, November 28, 2016 The 2017 Budget has allocated $650M to build capacity in various fields within the emerging oil and gas sector. Minister of Finance, Winston Jordan in his budget presentation on Monday,  in the National Assembly pointed out that  capacity building is part of a three- year development programme in the … More Gov’t to build capacity in new oil, gas sector

IMO sets 2020 date for ships to comply with low sulphur fuel oil requirement

In a landmark decision for both the environment and human health, 1 January 2020 has been set as the implementation date for a significant reduction in the sulphur content of the fuel oil used by ships. The decision to implement a global sulphur cap of 0.50% m/m (mass/mass) in 2020 was taken by the International … More IMO sets 2020 date for ships to comply with low sulphur fuel oil requirement

Guyana will not fall victim of ‘resources curse’ – Greenidge

GINA, GUYANA, Wednesday, October 12, 2016 Exploiting Guyana’s newfound oil resource must be balanced against environmental responsibilities and climate change. Vice President and Minister of Foreign Affairs, Carl Greenidge, said that this is part of the reality that has to be confronted in the development of an oil and gas sector. Speaking at the launch … More Guyana will not fall victim of ‘resources curse’ – Greenidge

Guyana’s quest for hydrocarbons

Guyana’s quest for hydrocarbons in commercial quantities has yielded positive results. The discovery of oil off Guyana’s shores will be integral to the long-term economic growth and development of the country. Guyana will now join the four (4) hydrocarbon producing CARICOM Member States: 1. Trinidad and Tobago 2. Suriname 3. Belize 4. Barbados More information available … More Guyana’s quest for hydrocarbons

“Go to sea!”

The 2010 study on the worldwide demand and supply of seafarers carried out by BIMCO and ISF (BIMCO/ISF Manpower Update) suggests that while the supply and demand for ratings are more or less balanced there are still some shortages for officers, particularly for certain grades and for ship types such as tankers and offshore support vessels. The … More “Go to sea!”

BP to boost output from fields off Trinidad with compression project

Oil major BP will boost its production from the Columbus Basin, located offshore Trinidad, with a newly-sanctioned compression project. BP Trinidad and Tobago (bpTT) operates in 904,000 acres offshore Trinidad’s east coast and it has 13 offshore platforms, and two onshore processing facilities. The company, together with Atlantic LNG, on Friday announced the sanction of the Trinidad … More BP to boost output from fields off Trinidad with compression project

NC man gets 3+ years in prison for making false distress calls to US Coast Guard

NEW BERN, N.C. (WNCN) — An NC man was sentenced in federal court on Wednesday for making false distress calls to the US Coast Guard. Charles Robert Dowd, age 27, of Beaufort, was sentenced to more than 3 years of prison and 3 years supervised release and was ordered to pay $18,994 in restitution, said … More NC man gets 3+ years in prison for making false distress calls to US Coast Guard