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Monthly Maritime News Roundup: October, 2015

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One month goes by so quickly in the ever-dynamic maritime industry, and yet the days are packed with so many news and developments! Here is a lookback at a few of the topics gracing media headlines this October, 2015:

Hurricane Joaquin swept through parts of the United States, bearing winds, waves and flooding, and leaving damages to both land and sea. Tragically, it also took the lives of 33 crew aboard RO/RO cargo ship El Faro, hit by harsh weather en route from Florida to Puerto Rico (see related article, “Search and Rescue Ops After Hurricane Joaquin”). Since the loss of the vessel and presumed loss of its crew, the NTSB has released a preliminary report on the ensuing investigation; salvage and diving teams from the Navy have been contracted to search for the missing ship; a relief fund has been established for the family by the ship owners; and lawsuits – one to the tune of $100 million – have been filed on behalf of the grieving families.

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The New Chief of Naval Operations: Admiral John Richardson

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One of the most important posts in national defense, international relations and maritime security changed hands this September, with Admiral John Richardson relieving Admiral Jonathan W. Greenert as the new U.S. Chief of Naval Operations.

The US Chief of Naval Operations is the most senior officer in the Navy. As such, the CNO is a member of the Joints Chiefs of Staff, serving as advisor to no less than the Secretary of the Navy, the Secretary of Defense, and yes, even the President himself. Read More

September in the Arctic

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The Arctic has been one of the biggest points of interest in the maritime industry over the last few years. With climate change creating massive changes in the once forbidding region, more and more actors are entering the picture – governments establishing stronger footholds; natural resource companies angling for opportunities to explore and extract; shipping companies exploring more efficient routes to their destinations; conservationists advocating for the environment and the livelihoods of local communities; and travel operators and their clientele hoping for tourism revenues and adventure; just to name a few. It’s a complex and dynamic time for the Arctic, and this September saw a particularly heavy load of news for the region. Kemplon Engineering runs down some of these developments. Read More

Costa Drops Calls in Turkey Amid Terrorist Scare

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Terrorist attacks on the US consulate and other parts of Turkey lead to dropped cruise calls.

Italy-based cruise line Costa Crociere is suspending its remaining stopovers in Turkey this 2015 – to Istanbul and Izmir – in favor of alternatives in Greece, Italy and Malta. The affected vessels are the Costa Deliziosa, the Costa neoClassica, and the Costa Pacifica. The announcement follows safety concerns stemming from an attack on the U.S. Consulate in Istanbul, and other terrorist activities against the country’s security forces that resulted in 11 injured and the deaths of 9 people in different parts of Turkey over the course of a single, tragic August day. Read More

Monthly Maritime News Roundup: August, 2015

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Kemplon Engineering rounds up some of the most buzzed-about news and developments of August, 2015 in this edition of the Monthly Maritime News Roundup:

Egypt figured heavily in the news cycles this month, following early August’s launching of an Expansion to the Suez Canal. The inauguration was hosted by President Abdel Fattah al-Sisi and attended by foreign dignitaries. The project has its critics, but proponents hope the $8.2 billion project could bring in more shipping traffic and revenues to the canal, which is already the shortest connection between Asia and Europe. The expansion had involved deepening the main waterway and carving out a parallel, 35km-channel, taking 12 months to complete. Read More

Business with Iran After Landmark Nuclear Deal

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Eyes are on a landmark nuclear deal with Iran that could usher in business opportunities – if it survives opposition.

Iran faces multiple international sanctions stemming from its nuclear program. In 1967, the country had acceded to the Nonproliferation Treaty (“NPT”) and in 1974 had also signed the International Atomic Energy Association (“IAEA”) Safeguards Agreement, which is supplemental to the NPT. However, the succeeding years would point to the country’s nuclear weapons ambitions – leading to concerns from the United States and the international community, and ultimately, sanctions from the U.S. government, the European Union, and the United Nations. Read More