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
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
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
Three of the popular cruise-ferries that ply Norway's coastal route from Bergen to Kirkenes are targeted to be pulled out of service if a ferry strike spreads. The vessels will be affected by a strike that started over the weekend and is gradually spreading around the country. The Norwegian officers' union recently warned that the strike will spread from midnight on May 20. The three vessels in the so-called Hurtigruten, or "Coastal Voyage" line, include the MS Nordkapp
Shaanxi province plans to build China's first hinterland international intermodal transit hub port to link the overland international freight route [see map] which they dub a new 'silk road', reports Xinhua. The proposed Xian Hinterland International Transit Hub Port will focus on international logistics transit business and develop itself into a strategic pivot offering services between China's east coastal and western regions.
The bulker and tanker unit of state conglomerate China Shipping Group, China Shipping Development Co (CSDC) has delivered a first half performance which saw its profit spike, exceeding the company's latest forecast. CSDC has recorded a six-fold increase in profit in the first half
U.S. shipbuilding and repair yard Great Lakes Shipyard informs it has signed a contract to build another of its HandySize Class, 3,400 HP twin-screw tugboat for harbor towing operations in Puerto Quetzal, a commercial cargo, container and cruise port located on the Pacific coast of Guatemala in
U.S. Coast Guard crews from Southeastern New England conducted various evolutions with the Royal Canadian Navy to train and improve the inter-operability of the two nations’ militaries and surface search and rescue assets. Coast Guard Station Woods Hole, Station Provincetown
SUNY Maritime College will host the 2015 e-Navigation Underway North America Conference September 28-30 in New York It is likely that regions like the Baltic, the North Sea, the Strait of Malacca, Torres Strait and other areas will implement e-Navigation services that modern ships
The Indian ministry of shipping unveiled its vision document for Coastal Shipping, Tourism and Regional Development on Monday at Dona Paula, Goa at the 16th meeting of Maritime States Development Council (MSDC), reports Times of India.
In 2012, U.S. ocean and Great Lakes economy grew much faster than overall GDP The U.S. ocean economy outpaced the domestic economy between 2011 and 2012, with an increase of $22 billion in gross domestic product, from $321 billion to $343 billion
The Coastal and Marine Operators (CAMO) group has announced it has successfully completed the first step in rolling out an initiative to protect the safety of mariners, the environment and hydrocarbon pipelines from being damaged. The CAMO group began transmitting Automatic Information
A fraction of buried, ocean sediment uncovered by typhoons, carried offshore by currents An international research team reports results of a three-year study of sediment samples collected offshore from the Fukushima Daiichi Nuclear Power Plant in a new paper published August 18, 2015
Allcargo Logistics has announced the acquisition of two additional vessels aggregating 24000 DWT. for its coastal shipping business. Post this acquisition Allcargo now owns a total of five cargo vessels making it one of the largest players in the logistics industry
Norway-headquartered vessel designer and builder Vard Holdings Limited announced it has secured a NOK 60 million contract for the construction of a coastal fishing vessel for Norway’s Breivik AS. The new gillnetter vessel will be built at Vard Braila in Romania and is scheduled to be
Bechtel announced it has been selected by Delfin LNG, a wholly-owned subsidiary of Fairwood Peninsula Energy Corporation, to perform front-end engineering and design for the first U.S.-based floating liquefied natural gas vessel (FLNGV) to go into service at Port Delfin.
Inchcape Shipping Services (ISS) is advising that Chile’s Port Authority has issued a warning of adverse weather conditions and strong swells affecting the Chilean coast over the next two days, with a new weather front of heavy rain forecast to arrive on Thursday 6th August.
The opportunities and challenges faced by India’s coastal shipping industry as the country strives for a more optimal modal mix among various modes of transport will top the agenda at the upcoming 3rd edition of Coastal Shipping and IWT Business Forum 2015 which takes place at the Marriott
From Naryan-Mar complex expedition started "Investigation Atlantic walrus habitat" for the study of animal southeastern Barents Sea. The expedition of seven experts on the research vessel "Kartesh" organized by the Council on Marine Mammals (CMM)
Mitsui O.S.K. Lines, Ltd. earned recognition from the ports of both Los Angeles and Long Beach, California, today, for its efforts to ensure compliance with standards that call for vessels to slow down within 40 nautical miles (nm) of the shore.