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The next month, in July 1983, WPPSS defaulted on $2.25 billion of municipal bonds, [10] [11] which is the second largest municipal bond default in U.S. history. [3] The court case that followed took nearly a decade to resolve, and WPPSS acquired the nickname "Whoops" in the media. [1] [12] [13] [14]
MDSS – measured depth referenced to mean sea level zero datum – "subsea" level; MDT – modular formation dynamic tester, a tool used to get formation pressure in the hole (not borehole pressure which the PWD does). MDT could be run on Wireline or on the Drill Pipe; MDR – mud damage removal (acid bullheading) MEA – monoethanolamine
Prior to the 19th century introduction of steamships too large to enter some of the ports they intended to serve, in which case lightering became necessary to reduce the vessels' draft sufficiently to enter the port, cargoes ranging from water to ships' stores (food, livestock, misc. supplies), to gunpowder and shot, were carried from dockside ...
These operations are carried out in accordance with guidelines set out by the latest Oil Companies International Marine Forum and the International Chamber of Shipping (ICS), with the strictest adherence to safety regulations. These are the industry guidelines which are part of the contractual commitment between the ship owner and the STS ...
A waybill is a document issued by a carrier giving details and instructions relating to the shipment of a consignment of cargo. [1] Typically it will show the names of the consignor and consignee, the point of origin of the consignment, its destination, and route.
Cold ironing does away with the need to burn fossil fuel on board the ships while they are docked. Under this concept as it is legally implemented, ships visiting ports are hooked on to local grid power or other power sources, which are already regulated by local pollution norms. This externally sourced power serves the ship's internal cargo ...
"9 to 5" singer Dolly Parton opened up on Bunnie Xo's 'Dumb Blonde' podcast about why her husband Carl Dean doesn't like to attend any events with her.
The owner supplies the vessel and crew, but the charterer selects the ports, route and vessel speed, the last being a significant determinant of carbon dioxide emissions. The charterer pays for all fuel the vessel consumes, port charges, commissions and a daily hire to the owner of the vessel. The charterer in that sense takes full commercial ...