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BIG JOHN

JFK Towed to Philadelphia for Storage

By Kathleen Roberts, Naval Sea Systems Command Public Affairs The decommissioned aircraft carrier John F. Kennedy (CV 67) is scheduled to arrive March 22 at the Navy's Inactive Ships Maintenance Facility in for preservation and storage. Due to safety and security concerns, the ship will not be open for tours while in storage in . A contracted tug boat began towing the inactive carrier John F. Kennedy from Norfolk Naval Station on March 17. The ship was originally scheduled to be towed to in August 2007, but was instead towed to while the Navy dredged in the vicinity of Pier 4 to further increase the safety of the ship mooring process and the surrounding waterway. The public may view the carrier's journey up the Delaware River from many locations along the river in , , and . These include Gov. Printz Park in Essington, Pa.; Fox Point State Park in Wilmington, Del.; Ft. DuPont State Park, Del.; New Castle Battery Park in New Castle, Del.; Delaware City State Park, Del.; Red Bank Battlefield, Red Bank, N.J.; other public parks between Cape May and National Park, N.J. John F. Kennedy is currently on the Navy's inactive inventory, meaning the ship has been taken out of commission and laid up for safe storage pending a future SECNAV decision regarding the ultimate disposition of the ship. As required by the fiscal year 2007 National Defense Authorization Act


Navy Tows JFK from Norfolk to Philadelphia for Storage

The decommissioned aircraft carrier ex-John F. Kennedy (CV 67) departed Norfolk Naval Station, , March 17 and is currently in tow to the Navy’s Inactive Ship Maintenance Facility in .  The ship is scheduled to arrive at the Navy’s facility on March 20 for preservation and safe storage until a decision is made by the Secretary of the Navy on the carrier’s final disposition. A contracted tugboat will tow the carrier up the East Coast to via the


Betting Big LNG Rates Will Rise

Gas is big and growing, as rates for LNG hauling tanker rise for a third year, fueled in part by demand from Japan. According to a Bloomberg report, rising Japanese demand means that Golar LNG Ltd., which operates nine LNG tankers and is controlled by John Fredriksen, will report a threefold gain in 2012 net income, according to the mean of 11 analyst estimates in a Bloomberg survey. Golar is reactivating four-decade-old mothballed ships after rates doubled in 2011 and are forecast by


LNG Energy Exporters – U.S. Might Top the World

Tthe U.S. could become the largest exporter of LNG in the world, with reservations, providing ... By 2017 the U.S. could be the largest exporter of liquefied natural gas in the world, surpassing leading LNG exporters Qatar and Australia. There is one big "if," however. America can produce more gas, export a surplus, improve the trade deficit, create jobs, generate taxable profits and reduce its dependence on foreign energy if the marketplace is allowed to work and politics


Saint John NB Sees Season's First Cruise Ship

Carnival Glory: Photo credit Wiki CCL

The first cruise ship of the year, 'Carnival Glory' made its way into Saint John Harbour recently bringing 3,000 guests to the Port City The Carnival Glory is the first of 73 cruise ships that are expected to make a stop in Saint John this summer, informs CBC News. More than 187,000 passengers are expected to visit Saint John between now and the end of October. Melanie Colpitts, a spokesperson with Aquila Tours Inc., said it takes all winter to prepare for their arrival


Fredriksen's Firms See Diverging Fortunes

Rig firm Seadrill sees tough market continuing in 2016. Firms in Norwegian-born billionaire John Fredriksen's empire saw contrasting fortunes on Tuesday, as rig firm Seadrill booked $1.8 billion in writedowns while tanker firm Frontline turned around its fortunes after years of turmoil. The shipping tycoon, nicknamed "Big Wolf" or "Big John" in the shipping industry, controls companies spanning offshore drilling, shipping of oil and dry bulk and salmon farming.


Frontline bids for General Maritime

Bloomberg has reported that shares of General Maritime Corp., the second-largest US oil-tanker owner, may not rise much further after Bermuda-based Frontline Ltd. raised its stake in the company and said it would seek talks to combine the businesses, JPMorgan Chase & Co. said.General Maritime’s shares are trading at 12 percent more than $36.70, which is JPMorgan’s estimated net asset value for the company at the end of 2006


Marine Inland Fabricators Delivers Truckable Tugs

Photo courtesy Marine Inland Fabricators

Marine Inland Fabricators, located in Panama City, Fla, specializes in truckable push boats. The company currently has 21 employees and delivered 26 boats in 2009. So far this year, the company we has built 23 push boats.  Marine Inland Fabricators also builds barges and has built work boats as big as 60 ft by 26 ft by eight ft, two of which are currently working in Lake Ponchartrain in New Orleans, La.  We recently filled a seventeen boat order for General Electric to work in the


Long Beach's Green Port Policy Turns 10

Photo: Port of Long Beach

The Long Beach Board of Harbor Commissioners celebrated the 10th anniversary of the Port of Long Beach’s Green Port Policy by honoring its originators and reaffirming their commitment to environmental sustainability.   Adopted on January 31, 2005, the Green Port Policy is a pledge to protect air, water, community and wildlife, and to consider the environment in all of its day-to-day activities. According to the port


U.S. Renews Security Pledge to Japan

U.S. Secretary of State John Kerry told Japanese leaders on Monday that Washington's treaty commitments to Japan's security remain "iron-clad" and cover all territories under Tokyo's administration, including tiny islands in the East China Sea that China also claims. Kerry renewed the security pledge related to the islets, known as the Senkakus in Japan and the Diaoyus in China, at a New York news conference with Japan's foreign and defense ministers to unveil updated U.S


Weak Freight Rates push Grindrod to H1 loss

Africa's biggest shipping group Grindrod reported a first-half loss on Thursday, pressured by low global growth and declining dry bulk shipping rates but it expects demand for commodities to pick up this year. Africa's biggest shipping group, which is present in 37 countries worldwide


This Day In Naval History: August 25

1864 - CSS Tallahassee, commanded by Cmdr. John Taylor Wood, returns to Wilmington, N.C. to refuel on coal. During her more than two week raid, CSS Tallahassee destroys 26 vessels and captures seven others.   1927 - USS Los Angeles (ZR 3) rises to a near-vertical position due to the sudden


Large or Small, Land or Sea, Every Spill Matters.

RDC-Every-Spill-maters.jpg

There is growing concern regarding the environmental impact and associated costs of petroleum based fluid discharges. Petroleum is persistent and toxic. It damages living organisms including plants, animals and marine life for many years. While many believe that the bulk of this environmental


NASA May Send Submarine to Titan

Titans Subsurface Reservoirs (Artists Concept). Image by NASA

 NASA has unveiled plans to send a submarine into the depths of the largest ocean of Saturn's biggest moon, Titan in a bid to explore the depths of its largest ocean.   The aim to find the chemical composition of the largest ocean of the moon, Kraken Mare and search for signs of life.


Maersk Cautions on U.S. Protectionism

Photo: Maersk Line

 Danish conglomerate  A. P. Moeller-Maersk A/S, the world’s largest container shipping company, has voiced its concern as a potential shift in U.S. policy threatens to reduce global trade, reports Bloomberg.   Maersk group's chief financial officer Trond Westlie said any


Little Rock Port Gets $6M for New Dock, Improvements

Photo Little Rock Port Authority

Congressman French Hill (AR-2) joined Mayor Mark Stodola to celebrate the official announcement of the a $6.185M TIGER grant awarded by the US Department of Transportation to the Little Rock Port Authority.  The funds will be used to support the Little Rock Port Authority Growth Initiative to


Coal: One of 2016's Hottest Commodities

File photo: Glencore

Less than a year after the coal industry was declared to be in terminal decline, the fossil fuel has staged its steepest price rally in over half a decade, making it one of the hottest major commodities.   Cargo prices for Australian thermal coal from its Newcastle terminal


MN100: John Deere Power Systems

Image: John Deere Power Systems

The Company: John Deere Power Systems manufactures and markets industrial, marine and generator drive diesel engines, as well as drivetrain components for use in a variety of off-highway applications. The full line of propulsion and gen-drive PowerTech marine engines – 4.5L, 6.8L, 9.0L, 13


First Oil from TEN Fields off Ghana

Photo: MODEC

Ghana began pumping crude from a second offshore field operated by British company Tullow Oil on Thursday, hoping the additional revenue will boost its flagging economy.   The Tweneboa, Enyenra and Ntomme (TEN) field expects to average around 23,000 barrels per day (bpd) in 2016


Maersk Break-Up Soon ?

Photo: Maersk Line

 A.P. Moeller-Maersk A/S, in its strategic review, is considering several options including a two-way split into an energy and a transport company, says a Bloomberg report.   According to Danish daily Berlingske, the shipping group is likely to break up into transportation and energy


NordLB to Shed Shipping Loans to KKR

German state-owned lender NordLB and KKR Credit said they had reached an agreement by which KKR Credit will acquire a $1.5 billion portfolio of shipping loans from NordLB jointly with an unspecified sovereign wealth fund. The portfolio of performing and non-performing loans will include up to


China Receives First American LNG Cargo

Apollonia passes through the Panama Canals locks on its way to Asia. Photo: Shell

 The first cargo of US liquefied natural gas (LNG) to target the world’s largest energy consumer arrived Monday at the Chinese port of Yantian in Shenzhen near Hong Kong.   The cargo was brought onboard the 161,870-cbm Maran Gas Apollonia


This Day In Naval History: August 23

1819 - Commodore Oliver H. Perry, the hero of the Battle of Lake Erie, dies on board the schooner, USS Nonsuch, in Trinidad of a fever contracted during his successful efforts to suppress piracy while maintaining the friendship of Latin American governments. It was his 34th birthday.  


MN100: Gladding-Hearn Shipbuilding, Duclos Corporation

Photo: Gladding-Hearn Shipbuilding

The Company: For more than 60 years, Gladding-Hearn Shipbuilding has built steel and aluminum commercial vessels. Located on 6.5 acres on the deepwater Taunton River in Somerset, Mass., the family-owned and operated shipyard counts more than 417 vessels built as proof of its longevity and vessel


Cosco Eyes Spanish port of Algeciras

Photo by Port of Algeciras

 Algeciras Bay Port Authority in southern Spain has put up a tender for its third container terminal, and China's Cosco Shipping Ports is already being mentioned as a fore runner candidate, says a report by Caixin.   According to port authority






 
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