Bahri Optimistic of Oil Tanker Market
Bahri, a global leader in transportation and logistics, is very optimistic about the future of the oil tanker market and it believes that there will continue to be demand for this market, said Mohammed Al-Sarhan, Vice Chairman of Bahri, who possesses extensive experience in oil and gas, transportation and logistics, and other sectors. He was talking in the annual Bahri Oil Transportation Forum, which was held in Dubai last week. John Angelicoussis, Chairman of Angelicoussis Shipping Group Limited…
Secretary LaHood Addresses MTSNAC
Secretary LaHood for the Department of Transportation addressed the Marine Transportation System National Advisory Council on July 23, 2009. Consistent with America’s Marine Highway Program’s mandates to reduce congestion, conserve energy, and improve the environment, the Secretary charged the Council to better integrate the Marine Transportation System into the surface transportation system. By relocating freight from highways and urban corridors to commercial waterways (where applicable), the same system which provides the transportation of individuals and families in and between cities can provide a more efficient means to move goods to the shelves of retail stores throughout the United States.
TSA, Coast Guard to Facilitate Exercise
The Transportation Security Administration (TSA) and the U.S. Coast Guard will facilitate a port security exercise on August 31 in Baltimore to evaluate preparedness, prevention and the ability to respond to and recover from a terrorist-related incident. The Port Security Training Exercises Program (PortSTEP) is focused on building links within the Area Maritime Security (AMS) Committee. The committee assists the captain of the port in writing, reviewing and updating an AMS Plan in addition to supporting other transportation entities that depend upon the port being secure. The exercise will involve the entire port community, including both public governmental agencies and private industry.
Boston Carriers Completes Contract of MV Nikiforos
Boston Carriers announces that on October 2017, Nikiforos completed a spot voyage contract to transport approximately 33,000 tons of dry bulk cargo from South America to the Middle East. The contract contributed approximately 1,283,000 USD in the revenues of the Company. Nikiforos has transported approximately 183,000 tons of dry bulk cargo from the beginning of the year and until the date of completion of this voyage and has produced operating revenues of approximately 3,2 million usd compared to approximately 2,1 million usd for the year ended in December 31 2016. Boston Carriers Inc.
MOL's Coal Carrier NAGARA MARU to Serve JERA Trading
Mitsui O.S.K. Lines (MOL) announced the delivery of the coal carrier NAGARA MARU, which will serve Singapore-based JERA Trading, was delivered at Imari Shipyard and Works of Namura Shipbuilding on November 17, 2017. The vessel, which was jointly developed by Namura Shipbuilding and MOL, is a state-of-the-art coal carrier with a wide-beam/shallow-draft configuration and wide range of advanced safety and energy-saving features. The vessel is so-called "Hekinan MAX" which has characteristic 250 meters length to maximize transport volume to the discharging port…
Field hearing on Delaware River Spill
The Subcommittee on Coast Guard and Maritime Transportation of the House Committee on Transportation and Infrastructure conducted a field hearing in Philadelphia regarding circumstances surrounding the November 26, 2004 oil spill in the Delaware River. The Committee also released the Opening Statement of Representative LoBiondo (R-NJ), chair of the Subcommittee. At the same time, the Coast Guard issued a Press Release the included photographs of an anchor removed from the Delaware River. The anchor will be examined to determine whether it was involved in the holing of the tanker ATHOS I. source: HK Law
TRW Selected to Perform Port Vulnerability Assessments
The U.S. Department of Transportation has selected TRW Inc. to assess the vulnerability of the nation's most critical commercial and military seaports, under a 5-year contract worth up to $31 million. "Securing our nation's ports and maritime transportation system is a vital component of our overarching transportation security mission," said U.S. Secretary of Transportation Norman Y. Mineta in announcing TRW's selection. Under contract to the Coast Guard, TRW will develop model port security guidelines, conduct assessments of at least 55 U.S. ports, and develop a port vulnerability self-assessment methodology to help local port stakeholders evaluate and improve security conditions.
Offshore Oil Service Firms Dominate Energy Bankruptcies
Offshore oil drilling and service companies, hurt by the energy industry's shift to lower-cost shale and away from deepwater projects, are dominating the year's energy bankruptcies in North America, according to law firm Haynes and Boone. There were fewer oilfield service companies seeking protection this year than last but those that did have had larger debts. Through October, 44 oilfield services companies filed for bankruptcy in the United States and Canada owing creditors $24.8 billion, compared with 72 companies and $13.48 billion for all of 2016.
Cyber Shoal Waters
Over the past two months the world has been rocked by three major hacking events that have garnered international notice. These included the EQIFAX event in which 140 million individuals were reported to be possibly compromised, the WannaCry attack and the NotPeyta event. In the past two years the emphasis on the cyber security of the Marine Transportation System, a vital economic cog to the world has come under increasing scrutiny. In August, trade journals and major international…
U.S. Senate Approves Maritime Centers of Excellence
A Center of Excellence designation would allow San Jacinto College to expand maritime training. San Jacinto College is one step closer to having a Maritime Center of Excellence. The U.S. Senate recently voted to approve maritime workforce centers of excellence legislation as part of the FY 2018 National Defense Authorization Act (NDAA). This follows a vote made by the U.S. House of Representatives earlier this year to approve the legislation. While there are slight differences between the House-passed maritime workforce centers of excellence provision and the Senate-passed provision…
Crowley Companies Move into Secaucus, NJ
Crowley companies - Crowley Liner Services, Marine Transport Lines (MTL), Mormac Marine Enterprises (MME) and Intrepid Ship Management (Intrepid) - have moved to a new location in Secaucus, NJ. Jersey 07094. transportation services and MME and Intrepid's ship management services. and transportation services segment. The phone number for Crowley is (201) 821-7100 or (800) 443-0548. number for MTL and Intrepid is (201) 821-7000, MME is (201) 821-7070. Information about all can be found online at www.crowley.com.
Port Canaveral Names German as Director
Port Canaveral's Cruise Team is gaining a new dimension with the appointment of Dave German as Director, Cruise Business Development, effective Friday, November 10, 2017. German previously served as Port Canaveral's Senior Harbormaster. In his new role, he will be responsible for building the Port's alliances with cruise lines for both home ported and port-of-call vessels. Dave German holds a Bachelor of Science degree in marine transportation and logistics from the U.S. Merchant Marine Academy, and earned an MBA in finance from Ohio University.
DHS Call for Biometric ID Proposals
After three years of little movement, the plan to furnish transportation workers with biometric ID cards is suddenly on the fast track, Washington Technology reported. The Homeland Security Department in May will solicit proposals for widespread deployment and make an award in July. But concerns remain about how the program, known as the Transportation Workers Identification Credential, will be funded and structured. Several large federal contractors, including BearingPoint of McLean, Va. and Lockheed Martin Corp., have confirmed they are interested in bidding for the fourth phase of the contract, which is production and deployment of cards for 850,000 port workers nationwide.
Sovcomflot Reports Loss for 9M 2017
PAO Sovcomflot (SCF Group) reported a $6.8 million loss for the first nine months of 2017, citing the adverse impacts of low spot market freight rates in the conventional tanker sectors. “This year has proven to be a very challenging period for the tanker industry and the situation now faced by many conventional tanker ship owners is especially severe,” said Sergey Frank, President and CEO of PAO Sovcomflot. “An oversupply of tonnage and reduced demand, resulting from oil capacity cut-backs led by OPEC…
American Maritime for Puerto Rico Recovery
The American Maritime Partnership – the voice of the domestic maritime industry – today issued the following statement to set the record straight on the importance of American maritime for Puerto Rico recovery and the capacity and capability of Jones Act vessels to meet Puerto Rico’s present and future needs. “While the American Maritime industry was delivering cargo to the docks of Puerto Rico with relief supplies within hours of the hurricane passing, familiar opponents worked to fan debunked myths about our industry and the Jones Act…
Cananda Chamber of Shipping on Anchorage Operations
The Chamber of Shipping welcomes the federal government’s announcement of details concerning the review and modernization of anchorage operations as part of the Oceans Protection Plan. Commercial shipping results in $30 billion of economic activity annually in Canada and, at 1.8% of the Canadian economy, ships move more than $200 billion worth of goods to and from global markets. From farmers to retailers, many Canadian jobs depend on a healthy and thriving trade environment supported by a robust and fluid marine transportation network.
Tomini Places Order for 3 Kamsarmaxes
UAE-based Tomini Shipping has increased its fleet size further with an order for three Kamsarmaxes. The 82,000 DWT ships are being built by Taizhou Kouan Shipbuilding Co, a successful private shipyard in China with over 40 years of shipbuilding experience. The vessels are scheduled for delivery from the second half of 2019 onwards and follow the company’s order earlier this year for three newbuilding bulk carriers from another prominent Chinese shipyard. This latest deal underlines Tomini Shipping’s comprehensive fleet renewal strategy with the latest in quality…
Innovative Financing Increases Infrastructure Unvestment
Last July, President Obama announced the Build America Investment Initiative, an Administration-wide effort aimed at boosting private investment in our nation’s infrastructure. And Friday, Vice President Biden announced new steps that federal agencies are taking to bring private sector capital and expertise to bear on improving our nation’s roads, bridges and broadband networks. These actions and announcements are the first steps that the Administration is taking as part of the Build America Investment Initiative’s two-year action plan. These steps highlight important progress within DOT.
President Bush signs Marine Highway Legislation
On Dec. 19, 2007, President George W. Bush signed into law the Energy Independence and Security Act of 2007, which contains provisions establishing a formal marine highway program within the federal government. Under the new law, marine highway or "short sea" transportation refers to the carriage by vessel of cargo in containers, loaded on the vessel by cranes or by means of wheeled technology. Specifically, the new law requires the establishment of a program and the designation of transportation projects to mitigate landside congestion. The program will encourage the development and expansion of vessels, shippers, port and landside infrastructure, and marine transportation strategies by state and local governments.
Asia-Pacific Nations Pledge Cooperation on Clean, Energy-Efficient Transportation
Transportation, Energy Ministers from Asia-Pacific Nations Pledge Cooperation on Cleaner, More Energy-Efficient Transportation. Transportation and energy ministers from 21 economies in the Asia-Pacific region today agreed to continue progress on initiatives to make transportation in the region cleaner and more energy-efficient, U.S. Transportation Secretary Ray LaHood and U.S. Energy Secretary Steven Chu announced today. The announcement came during the first-ever joint Transportation and Energy Ministerial Conference held by the Asia-Pacific Economic Cooperation (APEC)…
ACL Delivers on Time in 2007
American Commercial Lines Inc. (ACL) announced that it achieved an 86% on-time delivery performance during 2007 for scheduled service. In addition to being the lowest cost, cleanest, safest and most fuel-efficient mode of transportation in the U.S., ACL has now established its scheduled barge transportation service as a reliable source of transportation. Commenting on this performance, Mark R. Holden, President and Chief Executive Officer, said "This is perhaps our most important achievement over the past three years, transforming ACL from a barge operator into an advanced transportation company. By establishing barge transportation as a reliable source of transportation, we broaden our available markets.
Where are Rivers and Ports in Obama’s Plan?
Waterways Council’s Inc. (WCI) and its more than 200 members were surprised and disappointed with President Obama’s announcement on September 6 that he intends to ask Congress for at least $50 billion in funding for infrastructure but made no mention of waterways infrastructure projects. Roads, rails and runways — why not Rivers? WCI issued a press statement reacting to the Obama announcement: “While the nation celebrated Labor Day and all that the workforce has done to make America great…
Port of Long Beach Uses Education to Boost its Competitiveness
The Port of Long Beach said it has not lost sight of the significance of professional development in supporting the Port‘s decade-long, $4 billion investment in upgrades and efficiency improvements. The port’s commitment to boosting its competitiveness in the long term extends beyond rebuilding and replacing outdated facilities and infrastructure, to ensuring its human resources are prepared to help build the port of the future. “Having a full understanding of all the operations…