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COASTAL TRANSPORTATION

US Ocean & Coastal Shipping Market Report

A decline in demand for freight transportation leads IBISWorld to update its market report on US Ocean & Coastal Transportation. The transportation sector provides deep-sea, coastal, Great Lakes and St. Lawrence Seaway water transportation. The deep-sea shipping activity includes US flagged vessels and non-US flagged vessels. Marine transportation establishments using the facilities of the St. Lawrence Seaway Authority Commission are considered to use the Great Lakes water transportation system. This industry also includes deep-sea passenger transportation such as cruise ships. The updated report indicates that an overall decline in demand for freight transportation caused nearly all operators to struggle during the recession. However, the overall economic revival will pave the way for industry growth, as demand for waterborne freight shipping, cruise travel and higher fuel prices stimulate revenue. Despite these positive factors, external competition will prove to be an imminent threat. Excerpts from the report: In the five years to 2012, revenue for the Ocean and Coastal Transportation industry is expected to decline at an annualized rate of 2.2% to $28.3 billion. According to IBISWorld analyst Lauren Setar, “The global shipping market struggled during the recession as consumers began to spend less, reducing the trade of goods around the world


Eight New Coastal RoRos Slated for U.S.

Maritime Transport & Logistics Advisors, LLC (MTLA) an industry consulting firm based in Ft. Lauderdale, FL has been engaged by Roadships America, Inc. to provide research and analysis of the U.S. Coastal Transport market, as well as assistance with operational considerations in the final design stages of Roadships’ new generation high speed Ro/Ro vessels. Roadships America, Inc., a Reno, NV company is owned by U.S. and foreign investors.


Vigor’s Tacoma Yard Delivers Breasting Barges to Foss

Photo courtesy of Vigor Industrial

Vigor Industrial expands its newbuild capacity in Washington; Tacoma yard delivers three breasting barges   Fabrication teams at Vigor Industrial’s Tacoma, Wash. shipyard have delivered three 60’ x 24’ x 15.5’ breasting barges to Foss Maritime. The barge system will be used to moor Shell’s drill rigs at Terminal 5 in Seattle, Wash. where the company is scheduled to ready its fleet for Arctic drilling this summer.   


Kirby Corp. to Acquire Allied Transportation

Kirby Corporation agrees to purchase assets of Allied Transportation Company, a subsidiary of Allied Marine Industries, & two affiliated companies. Kirby Corporation, based in Houston, Texas, is the nation's largest domestic tank barge operator, transporting bulk liquid products throughout the Mississippi River System, the Gulf Intracoastal Waterway, coastwise along all three United States coasts and in Alaska and Hawaii.


Kirby Corp. Announces Record 3Q Results

Kirby CEO Joe Pyne (Photo: Greg Trauthwein)

Record 2014 third quarter earnings per share of $1.34 compared with $1.21 in the 2013 third quarter, which included a $0.08 benefit due to the reduction of the United earnout liability. Kirby Corporation announced record net earnings attributable to Kirby for the third quarter ended September 30, 2014 of $76.7 million, or $1.34 per share, compared with $69.1 million, or $1.21 per share, for the 2013 third quarter, which included a $0


Coastal Towing Announces New Refinancing

Coastal Towing, Inc., announced today the consummation of a $28 million senior term loan with the CIT Group/ Equipment Financing, Inc., Heller Financial Leasing, Inc. Pursuant to this transaction, the Company refinanced senior term debt under existing agreements with CIT and Wells Fargo Bank, N.A. In addition, the loan will be used to facilitate Coastal?s barge construction program. Coastal Towing Announces New Corporate Officer


MARAD Opens California Green Trade Corridor

The U.S. Department of Transportation’s (DOT) Maritime Administration (MARAD) today dedicated the California Green Trade Corridor.  The Corridor will help take freight traffic off California’s congested I-580 by offering shippers an option to move cargo along the waterways between the Ports of Oakland, Stockton and Sacramento. The project received a $30 million grant from the Department of Transportation, as well as $5 million from local sources


Judge Recognizes MARAD Authority

As a result of the Maritime Administrator’s designation of New Jersey as an adjacent coastal state, pursuant to 33 USC 1508(a)(2), Atlantic Sea Island Group, LLC, (ASIG) a deepwater port applicant, filed suit against the Maritime Administrator and Secretary of Transportation on February 15, 2008.  In addition to filing the suit, the plaintiff also sought a preliminary injunction.  ASIG alleged that the Maritime Administrator's designation of New Jersey as an "adjacent


K-Sea Completes Acquisition of Smith Maritime and Sirius Maritime

K-Sea Transportation Partners L.P. has completed the acquisition of Smith Maritime, Ltd. of Honolulu, Hawaii and Sirius Maritime, LLC of Seattle, Wash. President and CEO Timothy J. Casey said: “We are very excited about welcoming the Smith and Sirius operating teams to K-Sea. This acquisition immediately increases our barrel-carrying capacity by 770,000 barrels, or 22% of our capacity of 3.5 million barrels at June 30, 2007


HSRP to Meet in Honolulu

The Hydrographic Services Review Panel (HSRP) is a Federal Advisory Committee to the National Oceanic and Atmospheric Administration (NOAA) that will convene a Public meeting on May 4-6, 2011 in Honolulu, Hawaii. The Panel will meet to present and discuss NOAA’s hydrographic services and matters that affect marine transportation, safe navigation, commercial shipping, ocean and coastal stewardship, coastal and marine spatial planning, recreational boating


US Orders Owner to Clean Up Ruptured Pipeline

Photo courtesy of the Refugio Response Joint Information Center

Federal order ensures continued action on Santa Barbara County oil spill   The U.S. Environmental Protection Agency and the U.S. Coast Guard issued a joint federal Clean Water Act order to ensure the cleanup of heavy crude oil leaked from a pipeline near Refugio State Beach


Port of Duluth Intermodal Project Underway

The U.S. Department of Transportation’s Maritime Administrator, Chip Jaenichen, today joined Senators Amy Klobuchar and Al Franken, Congressman Rick Nolan, Duluth Mayor Don Ness, local officials and port representatives in the groundbreaking of the Port of Duluth Intermodal project. A $17


Mercury Diesel Engines for 16 New USCG Boats

Mercury Marine’s 2.0 diesel engine (Photo: Mercury Marine)

Mercury Marine has entered an agreement with Metal Shark Aluminum Boats to power 16 U.S. Coast Guard (USCG) boats with Mercury diesel engines.   “Mercury Marine’s 2.0 diesel engines are ideal for smaller vessels such as the Coast Guard Cutter Boat ATON Medium


Wärtsilä's' Propulsion for Use with US Compliant ELA

The first vessels to be fitted with Wärtsiläs VGP-2013 compliant propulsion package are four BigRoll MC Class module carriers currently under construction at the COSCO shipyard in Dalian, China. Image courtesy of RollDock

  Wärtsilä has developed propulsion systems that are capable of operating with Environmentally Acceptable Lubricants (EALs) and comply with the US Vessel General Permit 2013 (VGP-2013). Wärtsilä is among the first marine propulsion solutions suppliers to achieve this


Coastal Watch Center Opens in Philippines

A new National Coast Watch Center (NCWC) for maritime security has opened in the Republic of the Philippines.   Raytheon Company designed, implemented and equipped the center and its coastal system using the company's integrated border security solutions.  


Australia Announces Reforms to Coastal Trading Regime

  In its budget this week, Australia's Federal government announced reforms for foreign-flagged vessels operating in the country's waters. The new measures appear to revert to something similar to the earlier pre-2012 coastal trading system.


Trinidad and Tobago Orders 12 Coastal Patrol Craft

Back: Rose Damen, Damen Sales Manager; Major General Kenrick Maharaj, Trinidad and Tobago Defence Force Chief of Defence Staff; Brigadier General Carl Alfonso, Minister of National Security; Captain Hayden Pritchard, Trinidad and Tobago Coast Guard Commanding Officer; Marcia Hope, Ministry of National Security Director Corporate Communications Unit. Sitting: Sander van Oord, Damen Sales Director Americas; PS Carl A. Francis, Ministry of National Security Permanent Secretary (Photo: Damen)

Following a four-year acquisition program, the Government of Trinidad and Tobago has agreed to purchase 12 vessels for the Trinidad and Tobago Defense Force from Damen Shipyards, the shipbuilder announced today.   The signing ceremony, which took place at the Ministry of National Security


TSB to Investigate : MOL Precision Strikes Berth

Container vessel MOL Precision courtesy MOL

Richmond, British Columbia, 11 May 2015 — The Transportation Safety Board of Canada (TSB) is deploying a team of investigators to Port Metro Vancouver, in British Columbia, where the container vessel MOL Precision struck the berth. The TSB will gather information and assess the occurrence


Singapore, Malaysia and Indonesia Joint Maritime Patrol in South China Sea

 Sunset @ Singapore Naval Base. Photo by Government of Singapore

 Singapore, Malaysia and Indonesia are in discussions to extend joint patrols to deal with a resurgence of piracy in the South China Sea piracy hotspots, said Singapore's Chief of Navy Rear-Admiral Lai Chung Han.   Singapore's Today reports that the extension of these patrols - which


New Naval Base Commissioned at Porbandar, India

 INS Sardar Patel, Naval Base at Porbandar, is commissioned by Gujarat Chief Minister Anandiben Patel. Photo: Press Information Bureau

 INS 'Sardar Patel', India's latest Naval establishment was commissioned at Porbandar in the Saurashtra region by Gujarat Chief Minister Anandiben Patel.    The strategically important new Naval base, named after India's first Home Minister Vallabhbhai Patel


North Korea Conducts Third SLBM Test

Image: Morgenthau Center

 North Korea recently conducted a third test of a new submarine-launched ballistic missile (SLBM) that is part of Pyongyang’s expanding nuclear arsenal, according to US defense officials cited by the Washington Free Beacon.  


VT Halter Launches Barge for Bouchard Transportation

Photo courtesy of Bouchard Transportation

Bouchard Transportation Co., announced the launch of Barge B. No. 270, the first of two Articulated Tug Barge (ATB) units constructed by VT Halter Marine, Inc., a company of Vision Technologies Systems, Inc.   The barge was launched at the Pascagoula Shipyard Operations in Pascagoula


ExxonMobil's License for EON Reality

Immersive 3D Operator Training Simulator

  ExxonMobil Research Qatar (EMRQ) today announced that ExxonMobil has awarded a global commercial license for Immersive 3D Operator Training Simulator technology to co-developer EON Reality Inc. The innovative technology incorporates ultra-realistic


Savannah, Ga. Opposes Offshore Drilling

Photo: BOEM

The city council of Savannah, Georgia on April 30 unanimously approved a resolution opposing offshore seismic testing and oil drilling activities, the Savannah Morning News reported.   The city’s opposition comes as the U.S. Bureau of Ocean Energy Management (BOEM) is trying to open


Canada Invests In Port Lambton Rescue Station

Inshore Rescue Boat Station upgraded as part of federal infrastructure commitment   On behalf of the Honorable Gail Shea, Minister of Fisheries and Oceans, Pat Davidson, Member of Parliament for Sarnia-Lambton announced that the Government of Canada will fund work to upgrade the storage






 
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