T. Parker Host Snaps up CWT Talent
Virginia-based stevedoring and shipping terminal operator T. Parker Host on Friday said it had hired all the staff from CWT Commodities' U.S. team as part of its drive into metals logistics and warehousing. The team of under ten people has joined Host to form Host Logistics, LLC, based in New York, to run warehousing and stevedoring operations. CWT Commodities USA is a unit of Singaporean logistics firm CWT Ltd. Anton Posner, former president of CWT Commodities USA, will be executive vice president, while Margo Brock, vice president at CWT, will be senior vice president, Host said in a statement. CWT Commodities USA was set up almost seven years ago as part of CWT's expansion of its London Metal Exchange warehousing and logistics business.
Wiernicki Named Mass. Maritime’s Person of the Year
Christopher J. Wiernicki, Chairman, President and CEO of ABS, was recognized for his distinguished career of excellence, innovation and service to the maritime industries by the Massachusetts Maritime Academy (MMA) as this year’s recipient of the Maritime Person of the Year Award on September 21, 2017 in New York City. The honoree is presented with the Captain Emery Rice Medal and awarded annually to a civilian or military leader from around the globe. Named for an 1895 MMA graduate and World War I hero…
Traders Scramble to Avert Regional Fuel Shortages
Mexico buys gasoline from Europe, Asia; in rare move, Europe exports diesel to Brazil. The crippling of the U.S. Gulf Coast refining hub by Tropical Storm Harvey roiled global oil markets on Thursday as traders scrambled to buy gasoline and diesel from distant markets to avert supply shortages in the United States, Mexico and Brazil. A slew of gasoline tankers has been booked over the past two days out of Europe to the United States and Latin America, with around 12.5 million barrels expected to leave the region in the first half of the month…
Dominican Republic Shuts Most Ports ahead of Hurricane Maria
Dominican Republic closed most of its ports ahead of Hurricane Maria, but the country's 34,000-barrel-per-day refinery was still running, the government said on Wednesday. Ports that suspended operations under the "red alert" declared for extreme weather conditions are La Romana, Samana, Arroyo Barril, Puerto Plata and Manzanillo, the Dominican Port Authority said in a statement. Maria was a Category 4 hurricane when it hit Puerto Rico earlier on Wednesday. The ports of San Souci and Haina…
Gulf Coast Shipyard Group Branding
Shipyards in New Orleans and Gulfport, Miss., are being branded under the name Gulf Coast Shipyard Group Inc. Gulf Coast Shipyard Group, Inc., a manufacturer of a variety of ocean- going and inland marine vessels for commercial and military markets, announce that it will consolidate its global branding under the Gulf Coast Shipyard Group in order to better communicate the company’s array of vessels. Gulf Coast Shipyard Group manufactures offshore supply vessels, tank barges, military patrol vessels…
Gulf Coast Shipyard Group is Gulfport's Newest Tenant
Gulf Coast Shipyard Group, Inc.—a manufacturer of a variety of ocean-going and inland marine vessels for commercial and military markets as well as the Trinity Yachts brand— has announced its expansion by signing a three-year lease with one-year options with the Port of Gulfport. Specifically, Gulf Coast Shipyard Group will use 400 linear feet of dock space on the Port’s East Pier and 15,000 square feet of warehouse space to outfit the dual fuel liquefied natural gas (LNG) powered vessels it is building for Harvey Gulf International Marine.
EBDG Persues New Orleans Operations
In response to increased demand for maritime services in the region, Elliott Bay Design Group (EBDG),a naval architecture and marine engineering firm, is currently expanding its Gulf Coast operations to accommodate a staff of 20 by 2014. “We're seeking naval architects, marine engineers and designers of all disciplines," stated EBDG Gulf Coast General Manager, Keith Keller. Driving the expansion is a growing client list and brisk demand for the firm's long-standing expertise with vessel design, production support and lofting systems modeling. Increasing its staffing capacity enables EBDG to continue providing its clients with the best support possible at every stage of vessel design, construction support and regulatory liaison processes.
Vindeola Joins Global Diving & Salvage, Inc.
New Addition to the Gulf Coast Region. Global Diving & Salvage, Inc. announces the hiring of Jose’ Vindeola, joining the Gulf Coast Region in the Business Development / Technical Support position. Mr. Vindeola will be essential in providing Global’s current client base with high quality solutions and also stewarding expansion both nationally and abroad. Ryan Smith, Gulf Coast Region General Manager, states “Jose’s wealth of experience and industry knowledge has already made him a key addition to the Global family.
Beaumont Port Still Restricted after Harvey
While crude deliveries by larger ships to Beaumont in Texas remain restricted after Hurricane Harvey, a workaround using pipelines can supply Exxon Mobil's refinery there, shipping sources said. Silt and clay lingering in the Port of Beaumont still threaten to entrap large ships, two weeks after Hurricane Harvey ravaged Texas, but pipelines are available to move crude up to refineries there from nearby terminals which are less affected by sediment. Beaumont's port has been closed to ship traffic over 26 feet (8 meters) since Sept. 9 by the U.S. Coast Guard, because of shoaling - sediment or sand that washes up on the bottom of the waterway and hampers shipping traffic.
U.S. Oil Exports set to Take Off by 2022
Enterprise sees four-fold jump in U.S. crude exports by 2022. Crude oil exports from the United States will increase to meet 5 percent of global demand by 2022, as refiners seek more low-sulphur crude to meet stricter rules for cleaner fuels, an executive from Enterprise Partners LP said on Monday. U.S. oil exports may rise to about 4 million barrels per day (bpd) by 2022, a four-fold jump from this year, said Brent Secrest, a senior vice president at Enterprise Products. During that same period…
Gulf Coast Shipyard Group Investment by Littlejohn
Littlejohn & Co., LLC, a private investment firm based in Greenwich, CT, has made an equity investment in Gulf Coast Shipyard Group, Inc. Gulf Coast Shipyard Group, is a manufacturer of a variety of ocean-going and inland marine vessels for commercial and military markets under the brand name TY Offshore, as well as superyachts under the brand name Trinity Yachts. Centrally located on the Gulf Coast of the United States, Gulf Coast manufactures offshore supply vessels, tank barges, military patrol vessels, tugs and superyachts from two facilities located in Gulfport, MS and New Orleans, LA. Gulf Coast entered the commercial vessel market…
Nearly $140m Proposed for GoM Restoration Work
U.S. Secretary of the Interior Sally Jewell Thursday commended the Gulf Coast Ecosystem Restoration Council for issuing its initial list of proposed projects for natural resource restoration for Gulf Coast communities in the wake of the Deepwater Horizon oil spill. The RESTORE Council proposed using approximately $139.6 million from the recent settlement with Transocean Deepwater, Inc. to support restoration projects in key regional watersheds. Interior’s role in these projects is primarily focused on resiliency building efforts across the Gulf Coast.
Europe Gasoline Exports Set to Surge on Harvey Outages
Gasoline exports from Europe across the Atlantic are set to surge in coming days as traders plug supply gaps after Tropical Storm Harvey crippled refineries in the U.S. Gulf Coast. Many of the shipments are expected to end up in Latin America, which has become increasingly reliant on gasoline and diesel supplies from the U.S. Gulf Coast in recent years amid fast-growing demand in emerging economies such as Mexico and Brazil, traders said. Nearly a quarter of U.S. fuel output was knocked out since Harvey made landfall on Friday in Texas, where several large refiners are located.
New Bulk Cargo Pad for Port Manatee
Port Manatee is adding a 2-acre cargo pad to support storage of prilled sulphur, a new commodity for the Florida Gulf Coast port. Under an agreement signed Tuesday, June 16, with longtime port tenant Gulf Coast Bulk Equipment Inc., construction of the pad is slated to begin in September on the east side of Port Manatee. A Palmetto, Fla.-based stevedoring and marine terminal operations firm, Gulf Coast Bulk Equipment has been a Port Manatee tenant since 2008, handling fertilizers, salt, potash and other bulk cargos.
Fog May Pose Threat to Gulf Coast Shipping
Fog, which has shrouded parts of the U.S. Gulf of Mexico coast in recent weeks, could remain an intermittent threat to shipping and crude oil imports through April, according to a government meteorologist. In February, March and April sea fogs can form quickly along the Gulf coast as warm moist air heading in from the Gulf hits cooler coastal waters, causing the moisture to condense. “All of a sudden it’s like you drive into a brick wall and the visibility goes down to a sixteenth of a mile. Most ships don’t do much traveling in that,” said National Weather Service meteorologist Kent Prochazka. It’s a phenomenon that can disrupt the steady traffic of crude oil tankers to Gulf Coast terminals and refining centers such as Corpus Christi…
NOC to Consolidate Gulf Coast Shipyards
Northrop Grumman Corporation announced plans to consolidate its Gulf Coast shipbuilding operations and explore strategic alternatives for its Shipbuilding business. As a result of the Gulf Coast consolidation, the company will recognize an estimated pre-tax charge of $113m in the second quarter of 2010. In addition, as previously disclosed, in the second quarter of 2010, the company will record a tax benefit of $296m related to the final settlement with the Internal Revenue Service of tax returns for the years 2004 through 2006. The net impact of the charge and the tax benefit will increase second quarter 2010 earnings from continuing operations by about $0.73 per share. Neither of these items is reflected in the financial guidance the company provided on April 28, 2010.
Pemex: Harvey Caused Crude Oil Shipment Delays
Mexican national oil company Pemex said on Tuesday that Hurricane Harvey forced the cancellation of several crude oil export shipments. Due to the damage inflicted by Harvey on the U.S. Gulf coast refining center, Pemex arranged for alternative gasoline and diesel cargos from suppliers elsewhere, the company said in a statement. The company also moved up maintenance plans for its Ku-Maloob-Zaap field, its biggest producer, located in shallow waters of the Bay of Campeche. The maintenance will be conducted from this week through Sept. 11, which will cause production to temporarily dip by some 330,000 barrels per day (bpd). But Pemex said the maintenance plans are not expected to impact the company's production forecast for this year.
H2O Names Pryor Gulf Coast Sales Consultant
H2O, Inc., a leading water system equipment provider, has named Ira Pryor Gulf Coast Sales Consultant, announced H2O President Jess Fike. Pryor will focus on the Gulf Coast drilling market. His responsibilities will include sales and coordinating service for H2O’s patented Reverse Osmosis Watermaker Systems and rental equipment. Pryor has more than 25 years of sales experience in the oil and gas industry. He has extensive experience in specialized tools and providing technical support and training to customers.
Northrop Grumman Gulf Coast Shipbuilders Awarded for Excellence
Northrop Grumman Corporation (NYSE:NOC) recognized 39 shipbuilders from its Gulf Coast facilities for their significant accomplishments supporting quality and continuous improvement at an awards dinner on Thursday, Oct. 7 in Gulfport, Miss. The General Manager's Award for Excellence recognizes extraordinary performance and outstanding contributions in the areas of innovation and technology, customer satisfaction, and operational excellence. This award is the highest honor bestowed at Northrop Grumman Shipbuilding Gulf Coast operations and recognizes employees whose achievements support Northrop Grumman values, best practices, collaboration, value creation, and process excellence, in addition to aligning with the company's strategic priorities. Six teams received the awards.
Senesco Christens Double-Hulled Liquid Fuel Barge
The Southeastern New England Shipbuilding Corporation (SENESCO) has christened another 80,000-barrel, double-hulled liquid fuel barge. After a ceremony last week at SENESCO’s Quonset Point, RI headquarters, the Leo was ready to set sail for its Gulf Coast destination. The Leo was built for the Hawaiian Inter Island Towing company, which will lease the vessel to Sirrius Maritime of Seattle, Wash. Sirrius will then use the barge to carry fuel oil and other liquid cargo in the Gulf Coast.
Bad Weather Closes 3 Major Mexican Oil Ports
Three of Mexico's major oil export ports along the Gulf coast have been closed due to bad weather, the Communications and Transport Ministry said on Tuesday. Cayo Arcas, Dos Bocas and Coatzacoalcos have been closed since Sunday. Nearly all of Mexico's crude exports from Pemex, the state-owned oil producer, are shipped from the three ports to Gulf coast refineries in the U.S. states of Texas and Louisiana. (Reporting by Joanna Zuckerman Bernstein; Editing by Jeffrey Benkoe)
STX Appoints New Vice President of Operations
STX Marine announced Bill Lind has joined its team to further develop their growing portfolio in the Gulf Coast. Bill joins STX Marine as Vice President of Operations (Houston, Texas) to continue STX Marine’s success in providing engineering servicesto clients worldwide, but more specifically the Gulf Coast. Bill will handle marketing and business development as well managing the overall Houston operations. www.stxmarine.net
Strategy Engineering Wins O&G Company Award
Strategy Engineering & Consulting, LLC announce that it was named the winner of the Oil and Gas Awards Engineering Company of the Year for the Gulf Coast Region in 2012, announced Strategy President Chris Morris. “The Engineering Company of the Year award recognizes engineering excellence and achievements within the oil and gas industry in the Gulf Coast region," Morris said.