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AMERICAN CONSTRUCTION

Kvaerner, Longview Power Reaches Settlement

  Kvaerner North American Construction Inc. (a subsidiary of Kvaerner) has executed agreements today, with each of Longview Power, LLC, Siemens Energy Inc. and others regarding the disputes between them in both the arbitration proceedings concerning the Longview Project and the subsequent bankruptcy cases of Longview Power, LLC. Under the agreements, Kvaerner North American Construction Inc. will receive an aggregate amount of USD 48 million from various parties. In consideration, Kvaerner North American Construction Inc. will settle certain claims and release the Mechanics' Liens filed against the Longview power plant properties in Maidsville, West Virginia, and will waive all objections in the ongoing Longview Power, LLC bankruptcy proceedings. The settlement is subject to approval in the bankruptcy proceedings. The approval is expected to take place in January 2015 with the receipt of the above-referenced amounts anticipated to occur in February 2015. The financial effects of the agreement will be recognised in Kvaerner's first quarter 2015 accounts.  The main financial effects will be reduction of retained assets in the group's balance sheet of USD 48 million. The agreements, upon approval, significantly reduce Kvaerner's uncertainty regarding the final financial outcome of the arbitration and resolve all counterclaims from Longview Power, LLC.


Herschler Joins North American Marine Consultants

Captain Casey Herschler, Director of New Business Development, North American Marine Consultants

Captain Casey M. Herschler Joins North American Marine Consultants.   Captain Casey M. Herschler has been named Director of New Business Development for North American Marine Consultants. Capt. Herschler will be responsible for developing new business ventures including new vessel and barge construction as well as conducting vessel, structure, facility and cargo surveys, insurance assessments and monitoring new construction, conversion and repair processes for clients.


ACL Acquires Interest in Environmental Firm

American Commercial Lines Inc. (ACL) has invested in a 30 percent stake in a newly formed entity with environmental services contractor Summit Contracting, Inc. The financial terms of the investment were not disclosed but are not material to the company. The new company, Summit Contracting, LLC will provide emergency response, environmental remediation, industrial and civil construction services. In addition to continuing to service its established customer base of major transportation


K-Sea Signs Barge Contract Extension

K-Sea Transportation Partners LP, said it signed a $40m contract extension for barge construction with the manufacturing arm of American Commercial Lines. The company said the construction of four 50,000 barrel tank barges will begin in first quarter of 2009, with delivery of the first vessel scheduled for December of that year. The three other vessels will be completed in three month increments after that, K-Sea said. The contract extends the barge construction agreement through 2010.


Great Lakes Shipyard Winter Season Contracts

Great Lakes Shipyard Facility: Photo credit Great Lakes Shipyard

Great Lakes Shipyard contracted by Interlake Steamship Company to perform winter work services on two vessels. Two more vessels have arrived: Interlake Steamship vessels, the ATB Dorothy Ann and the Pathfinder, are in Cleveland and  docked at Great Lakes Shipyard's facility. A variety of work is to be done, including: miscellaneous steel work, generator maintenance, main drive unit maintenance, and other miscellaneous tug and barge repairs and maintenance.


American Club Elects First China Director

Members of the American P&I Club have elected the first director to come from The People’s Republic of China (PRC). At the annual meeting in New York, Lianyu Zhu of CCCC International Shipping Corporation, Tianjin, was elected to the board for the forthcoming year. Mr. Zhu’s company is a subsidiary of China Communications Construction Company, a major state-owned enterprise (SOE) which is, among other things, the largest port construction and design company in the PRC


Congress Promotes Commercial Shipbuilding

The House Armed Services Seapower and Expeditionary Forces Subcommittee received testimony on the Federal Ship Loan Guarantee Program, also known as Title XI, which facilitates financing of commercial ship construction in U.S. shipyards. Cynthia L. Brown, President of the American Shipbuilding Association, testified on the importance of funding and improving the program to increase commercial ship construction in the U.S.


LA Port Police Contract with All American Marine for Dive and Patrol Catamaran

dive and patrol catamaran

All American Marine, Inc. is pleased to announce their latest vessel contract awarded by the Port of Los Angeles Harbor Department for a new dive and patrol catamaran. The 65’ x 24’ aluminum catamaran will be used by the LA Port Police dive team and will feature Teknicraft Design’s signature hull shape and hydrofoil technology.  The design of the vessel is based upon the previously built R/V Shearwater and R/V Fulmar


Schechtman Promoted at Parsons Brinckerhoff

Jeffrey Schechtman

Jeffrey Schechtman has been named Deputy Regional Business Manager for the Southeast region of Parsons Brinckerhoff, a global infrastructure strategic consulting, engineering and program/construction management organization. In his new position, Schechtman will work with managers in the nine states that comprise Parsons Brinckerhoff’s Southeast region to enhance relationships with key clients, expand business development opportunities, and invigorate marketing and pursuit efforts


Braemar Sub-Licenses FSP Containment System

Braemar LNG BV, the wholly owned subsidiary of Braemar Shipping Services PLC, has issued a sub-license to FSP LNG BV for the design and construction of a new Flat-panel, Semi-membrane, Prismatic-shaped (FSP) containment system, under the terms of the license it holds with General Dynamics NASSCO to utilize its patents in the design and construction of FSP LNG containment systems.    FSP technology has been developed for marine LNG transport and can also be used in a range of


Sydney Deep Water Port Project Named NOVAPORTE

The Harbor Port Development Partners (HPDP) and the Port of Sydney announce the new brand for Sydney’s new container terminal: NOVAPORTE and its adjacent logistics park NOVAZONE.   “The name reflects the international nature of our project”, said Albert Barbusci


Vessel Discharge Amendment Push Continues

Craig Montesano (Photo: AWO

AWO voices strong opposition to McCain anti-Jones Act amendment   The American Waterways Operators (AWO) is continuing an intensive lobbying campaign to bring the Vessel Incidental Discharge Act (VIDA) to a vote in the Senate and working with the American Maritime Partnership to strenuously


42 People Rescued after Abandoning Ship off Hawaii

An aircrew from Air Station Barbers Point dropped a dewatering pump and supplies to 42 people who abandoned ship after their fishing vessel caught fire 1,800 miles south of Hawaii. The Hercules crew worked with Fong Seong 888, a Tuvalu-flagged oil tanker, to rescue the crew of the fishing vessel American Eagle. (Screenshot from USCG video courtesy of Air Station Barbers Point)

Forty-two people are safe after abandoning ship approximately 1,800 miles south of the Hawaiian Islands, Thursday, the U.S. Coast Guard reported.   Crewmembers successfully dewatered fishing vessel American Eagle using equipment dropped by an HC-130 Hercules airplane crew from Air Station


SunEdison Restrained from 'Unusual' Asset Transfers

Solar company SunEdison Inc said a U.S. court has restrained the company from making any unusual asset transfers until a hearing in a lawsuit brought on by investors of renewable energy company Latin American Power.   SunEdison's shares fell as much as 33 percent to $1


Austal Delivers U.S. Navy Ship

 Signing of Delivery Documents onboard USNS Brunswick (EPF 6).

Austal USA delivered the nation’s sixth Expeditionary Fast Transport vessel, USNS Brunswick (EPF 6), to the U.S. Navy here Jan. 14, 2016. The Expeditionary Fast Transport (EPF) program, formerly named the Joint High Speed Vessel (JHSV) program


USNS Carson City Christened

Susan Asbury Crowell christens USNS Carson City Photo Austal

  Austal celebrated the christening of Expeditionary Fast Transport USNS Carson City (EPF 7) with a ceremony this morning at its state-of-the-art shipyard here. USNS Carson City is the seventh of 10 Expeditionary Fast Transport vessels (EPF), formerly joint high speed vessels (JHSV)


APMT Takes Stake in Cartagena Terminal

Pictured left to right are Mr. Gabriel Echavarría, President of Compas Board of Directors who signed the deal on behalf of Compas and Mr. Joe Nicklaus Nielsen, Vice President, Port Investments for APM Terminals. Photo APMT

 APM Terminals and Colombian-based port and terminal operating company, Compañia de Puertos Asociados S.A. (Compas S.A.) have finalized the incorporation of Cartagena Container Terminal Operator (CCTO), a new joint venture which will manage and operate Compas S.A


AMP Demands Retraction of Jones Act Report

Tom Allegretti, Chairman of AMP

The American Maritime Partnership (AMP), the voice of the domestic maritime industry, today released a statement in response to the sheer number of factual errors in the recent report published by the Alliance for Innovation and Infrastructure’s (Aii) – Jones Act: Protectionism v


Supreme Court Stays Green Tribunal Order on Adani Hazira Port

Tugs at Adani Hazira Port Photo AHPPL

Adani Hazira Port Private Limited (AHPPL), a 100% subsidiary of Adani Ports and Special Economic Zone Limited, had challenged the order dated 8.1.2016 passed by the National Green Tribunal, Pune, inter alia, cancelling the EC 3.5.2013 for expansion of facilities at Adani Hazira Port.


Navy to Christen Littoral Combat Ship Sioux City

Mary Winnefeld, center left, wife of Adm. James Winnefeld Jr., the vice chairman of Joint Chiefs of Staff, watches as her initials are welded into the keel of the future littoral combat ship USS Sioux City (LCS 11) Photo US

The Navy will christen its newest Freedom variant littoral combat ship, USS Sioux City (LCS 11), during a 10 a.m. CST ceremony Saturday, Jan. 30 in Marinette, Wisconsin. Sioux City, designated LCS 11, honors the city of Sioux City, Iowa.


More than 100 Graduate from SUNY Maritime

Morton Bouchard III, President & CEO of Bouchard Transportation

More than 100 students crossed the stage to receive their degrees at State University of New York Maritime College Jan. 29.   Graduates represent 15 fields of study, a quarter of them at the graduate level. More than 60 of them will also graduate with U.S


Safety Milestone for Maydon Wharf Infrastructure Upgrade

Photo: TNPA

Transnet Capital Projects (TCP) – which is overseeing Transnet National Ports Authority’s project to reconstruct the quay walls and deepen berths at Maydon Wharf – recently achieved a safety milestone of 1,000,000 man hours without a lost time injury (LTI) on the reconstruction


Peak Shipping Season Is Approaching For United Yacht Transport

Image: United Yacht Transport

 Spring is the busiest season for United Yacht Transport, the North American leader in boat transport. The international boat transporters are set to complete various shipments in the upcoming months.   In the beginning of the year


Crowley Christens 2nd LNG-ready Product Tanker

Photo: Crowley

Crowley christens second of four newly built, LNG-ready product tankers for use in U.S. coastwise trade   Crowley Maritime Corp. has christened the second of four new Jones Act product tankers yesterday at the South Florida Petroleum Terminal (The Public Dock) in Fort Lauderdale, Fla


Great Lakes Shippers Set Top Priorities

North America’s largest mining, manufacturing and agricultural companies have helped identify four top priorities to improve the competitiveness of Great Lakes shipping, and as a result, the prosperity of the entire region.   These priorities will be the Chamber of Marine






 
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