In 2011, the U.S. ocean and Great Lakes economy produced $282 billion in goods and services and employed 2.2 percent of the nation’s workers—that’s more than twice the percentage of workers in the U.S. agriculture industry. This fact and many others are featured in a 2011 data summary from Economics: National Ocean Watch (ENOW), a product of the National Oceanic and Atmospheric Administration (NOAA) Coastal Services Center. County-level facts, charts and maps highlighting the 2011 data findings are found on the “Ocean Jobs” and “Wetland Benefits” tabs of the Coastal County Snapshots tool. “A wide variety of U.S. industries and communities depend on the resources of the oceans and Great Lakes,” said Jeffery Adkins, an economist with the center. “ENOW data can help communities stay vital and resilient by highlighting their economic strengths and vulnerabilities, including those that could be affected by ecosystem changes, extreme weather events or sea level rise.” ENOW’s annual time-series data highlight six economic sectors and cover roughly 400 coastal counties, 30 coastal states, eight regions, and the nation, using data derived from the federal Bureau of Labor Statistics and Bureau of Economic Analysis. The success story of the 2011 ocean and Great Lakes economy has hundreds of important chapters, and here are just a few:
Mitsubishi Heavy Industries, Ltd. (MHI) and Wärtsilä Corporation of Finland have signed a joint development agreement on May 15, 2008 to design and develop new small, low-speed marine diesel engines of less than 450 mm cylinder bore. The two companies see good business potential in pooling their resources and experience to develop new small marine engines of less than 450 millimetre (mm) cylinder bore. Such engines are suitable for a wide variety of small ship types
NOAA’s newest output includes a feature on economics. The National Ocean Watch site features facts, charts, story maps and videos. It turns out that our maritime economy – commercial, recreational and everything in between – really matters. In 2011, the U.S. Ocean and Great Lakes economy produced $282 billion in goods and services and employed 2.2 percent of the nation’s workers—that’s more than twice the percentage of workers in the U.S
Systemic safety issues in Queensland coastal pilotage operations have been identified in an Australian Transport Safety Bureau (ATSB) investigation report. Coastal pilots form a key defence against a serious shipping incident in parts of the Great Barrier Reef and Torres Strait as part of a suite of broader protective measures already in place. The ATSB began an investigation into coastal pilotage operations in December 2010 following the release of its report into the grounding of the
BC Ferries announced that construction has begun on the second of the company’s next generation Super C-class vessels at Flensburger Schiffbau-Gesellschaft shipyards. Coastal Inspiration is the second in a series of three new double-ended ferries that will arrive in B.C. in late 2007 and early 2008. Construction of the first vessel, Coastal Renaissance started in August 2006 and construction of a third vessel, Coastal Celebration is expected to begin in April 2007.
The ownership of Columbia Coastal Transport, a container barge operator on the U.S. East and Gulf coasts, announced the addition of two new companies to its Columbia Group of Companies. Palmer Industries, Inc., a logistics company in Port Newark, has been acquired and will be named Columbia Container Services at a grand opening ceremony to take place on July 1, 2003. Also added to the Columbia Group of companies is Columbia Intermodal, a full container trucking company based in Port Newark
Coastal Properties Management (CPM) added a new facility to its management group with a contract awarded by Washington D.C. to manage the newly opened $8m marine terminal at Nationals Park named Diamond Teague Marine Terminal & Park. Operations at the Diamond Teague Terminal, which commenced in September, include water taxi and commercial vessel service from National Harbor Marina in Md., and Old Town Alexandria, Va. for all Nationals home games and concerts at National Park
In the same week of the launching of fast ferry Peng Xing 15, the first Coastal Cruiser 200 designed by CoCo Yachts and built by AFAI Southern Shipyard, Peng Xing ferry company decided to sign the contract for another three Coastal Cruiser 200 fast ferries. The new contract was signed on January 10, 2014 in the main office of the Peng Xing Group. The new ferries shall have the same main dimenions, propulsion and capacity as the two ferries now under constuction: Length overall : 40 m
Kirby Corp. signed an asset purchase agreement with Coastal Towing, Inc. to purchase from Coastal seven black oil tank barges and 13 inland towboats. The transaction, estimated at $17.1 million in cash, is being financed through Kirby's operating cash flow and available credit under Kirby's bank revolving credit agreement. Kirby and Coastal have also entered into a Barge Management Agreement whereby Kirby will serve as manager of the combined black oil tank barge fleet
The Minerals Management Service (MMS) has awarded a $276,000 grant through the Coastal Impact Assistance Program (CIAP) to Mississippi’s Department of Marine Resources to build a new Marine Education Center in Ocean Springs, Mississippi. This is the first CIAP grant to be awarded since the state’s overall plan was approved in February 2009. The CIAP was created by the Energy Policy Act of 2005. Through the program, MMS will provide $250m in grants annually, from 2007-2010
Royal IHC (IHC) has integrated four of its business units – IHC Hydrohammer, IHC Handling Systems, IHC Sea Steel and IHC Fundex Equipment – into one new organization, which will operate under the name IHC IQIP. IHC said the merger aims to offer a fully integrated solution for on-
A chemical fire at a Vancouver container terminal led to a partial evacuation of Canada’s largest port for several hours Wednesday afternoon, as a cloud of white smoke drifting over the city prompted health warnings and road closures, says Canadian Press.
As part of Narendra Modi government plan to promote coastal shipping, India is all set to appoint a consultancy firm to assist the Shipping Ministry. The Press Trust of India quotes the Shipping Ministry document saying that promotion of coastal shipping and inland water
Outer Continental Shelf sand will protect infrastructure, restore dunes and habitat The U.S. Bureau of Ocean Energy Management (BOEM) and Naval Air Station Oceana at Dam Neck, Virginia, expect to begin a shore protection project at the Dam Neck annex within the next month.
In a move towards strengthening its defence ties with Bangladesh, India will be exploring new avenues for naval cooperation towards achieving comprehensive maritime security in the Bay of Bengal. To this effect, Indian Chief of Naval Staff Admiral RK Dhowan reached Bangladesh on a
The CMA CGM Group inaugurated its new logistics platform, the 3CTC Terminal (CMA CGM Cameroon Container Terminal), on February 19, 2015. The 3CTC platform has been operational since January 7, 2015, and its concession attributed for 25 years
Severe Tropical Cyclone Marcia is predicted to intensify to a Category 4 system as it crosses the Queensland coast between Mackay and Gladstone early on Friday morning with destructive winds with gusts of up to 270 km/h expected near the core of the system.
Greenland has an intense interest in maritime research and survey for the near coastal waters, thanks in part to a growing seafood sector, an extensive coastline and some 250 different species of fish. To meet the nation’s emerging need, Greenland had a fine 32
Navionics, the leader in location-based content for the recreational boating and outdoor markets, announced today the release of a new SonarCharts chart card for use with several Garmin GPS chartplotters. Featuring extraordinary bottom contour detail of up to 1 foot in the US and Canada
Indian Prime Minister Narendra Modi invited US-based General Electric (GE) to manufacture ships in India claiming that the country offers immense opportunities for the ship-building sector. Pitching his government's 'Make in India' campaign
The establishment of more shipyards remains an effective strategy to tackle the nagging problem of unemployment in Nigeria, says Ayorinde Adedoyin, ship owner and Managing Director and Chief Executive Officer of the Peace Gate Group. Adedoyin called on the federal government to adopt the
Boskalis takes new semi-submersible heavy transport vessel and hopper dredger into service Royal Boskalis Westminster N.V. informed that Dockwise vessel White Marlin was named and christened during a ceremony in Guangzhou, China
Shreyas Shipping and Logistics rebounded to a US $3.6 million net profit in the third fiscal quarter from a net loss of about $468,000 in the same period in 2013, driven by a significant growth in the shipping activity that has helped the company become a pan-India feeder line.
Coastal and seaward security subjects should be incorporated in school and college curriculums, says Commodore G. Prakash, director of the Maritime Warfare Centre at the Southern Naval Command, India. The top naval official said that the security of the seas surrounding India has
Damen has begun work on the latest and one of the largest yet in its shallow draft Shoalbuster range. Ordered by Van Wijngaarden Marine Services, the Shoalbuster 3512 is 35 meters in length, has a draft of 2.9 meters and GRT of 498 metric tons