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ELECTRO-COAL TRANSFER

M/V Sheila McDevitt Begins Service

The newest vessel in TECO Transport's Gulfcoast Transit fleet is now in service. The M/V Sheila McDevitt - named in honor of TECO Energy's senior vice president, general counsel and chief legal officer - left Tampa for Texas early last week, where it will load a shipment for delivery to the east coast. Gulfcoast Transit purchased the geared 40,000-ton bulk carrier in February of this year to meet the needs of its growing business. It is the third ship added to the company's diverse fleet, which also includes 13 oceangoing tug and barge units. The M/V Sheila McDevitt will handle new transportation business for Gulfcoast Transit, traveling between the Pacific, Gulf and Atlantic coasts of the United States. TECO Transport President Jeff Rankin said, "Thanks to the ability of our team to aggressively pursue opportunities to build our business, we were able to make an excellent acquisition - one that we're confident will add value for our customers." Gulfcoast Transit, the largest ocean-going U.S.-flag dry bulk carrier, is a subsidiary of TECO Transport. Other TECO Transport businesses include Mid-South Towing and Electro-Coal Transfer. TECO Transport is a wholly owned subsidiary of TECO Energy, Inc., a $2.3-billion revenue energy holding company based in Florida whose other businesses include Tampa Electric, Peoples Gas System, TECO Power Services, TECO Coal, TECO Coalbed Methane, TECO Propane Ventures and TECO Solutions.


Montrose Heads for Inspection

The cargo ship Montrose began its trip to safe anchorage in the Chesapeake Bay. Divers will conduct an underwater inspection after its arrival 12 miles south of where it ran aground. The divers will look for any damage under the ship. The 712-foot Liberian flagged ship was carrying 74,215 metric tons of coal when it ran aground Feb. 28 near Sharps Island, Md. Multiple tug boats working together were unable to free the Montrose from being stuck and a Unified Command determined coal


QinetiQ Launches ARKs for Hazardous Environments

QinetiQ recently launched a range of Appliqué Robotic Kits (ARKs) designed to convert the current in-service military JCB 4CXM or CAT320B families of vehicles into fully integrated remote controlled units for use in various hazardous environments in less that 12 hours, giving users control of the vehicle from as far as 1 km away. In addition, the ARKs are designed to allow existing vehicles to change between full remote or manual mode


Lightering Company Adds Power

The booming Thai economy and the shallow waters of the Chao Phrya River combine to create a growing demand for lightering operations of bulk cargos in the Gulf of Thailand.. This demand is being met by the S. P. Inter Marine Co. Ltd of Bangpli, Samutprakarn near Bangkok. Originally a trucking and land based company, the firm moved into the marine logistics field in 1995 and now operates a fleet of 80 barges, 20 ocean going tugs, numerous little river tugs


Rheinmetall Wins Breakthrough Malaysian Navy Order

Germany's Rheinmetall Group to supply 12 fire control radars & 6 electro-optical systems for six new patrol boats. Together with spare parts and training, the order also includes a transfer of know-how to Malaysia, which will enable local industry to take an active part in the project. Delivery of the systems will commence in 2015 and continue through to 2020. The Malaysian Navy’s new “Second Generation Patrol Vessels Littoral Combat Ships” (SGPV LCS)


Coal Trade Rescues Dry Bulk Market, US Gains Traction

Dry bulk trade grew by an impressive 7% in 2012 with steam coal proving to be the saviour of the freight market, which otherwise would have seen a complete bloodbath, according to Drewry's latest 'Dry Bulk Forecaster'. Steam coal trade increased by about 18% from 665 million tonnes in 2011 to 784 million tonnes in 2012, supported by high availability and low prices. The report shows that Global GDP grew by 3.2% in 2012, following growth of 5.2% and 4


Great Lakes Coal Trade Down 3 Percent in August

File Photo: Great Lakes Bulker

Shipments of coal on the Great Lakes totaled 2.9 million tons in August, an increase of 6 percent compared to July, but a drop of 3 percent compared to a year ago.  Compared to the month’s 5-year average, loadings were down 25 percent.   Overseas shipments continued in August.  Coal shipped to Québec City for reloading into oceangoing vessels totaled 196,000 tons.  For the season, the overseas trade totals 980,000 tons.  


Heavy Lift Ship Tests Port Rupert Pilots

Arrival HHL Macao: Photo credit Port Rupert Authority

Prince Rupert Port Authority, BC, saw the safe arrival of equipment integral to its coal export operations aboard 'HHL Macao'. The stacker/reclaimer unit, for delivery to Ridley Terminals Inc. is considered important for the planned expansion of coal export operations. The successful arrival of the vessel and subsequent movement of the stacker/reclaimer components required a wide-ranging team effort. The Prince Rupert Port Authority collaborated with ship's agent Peter Riley of G.W


Increased Demand for Panamax Vessels, Drewry Reports

A decline in demand for Capesize vessels has been countered by an improvement in demand for Panamax vessels, according to the latest Dry Bulk Insight published by Drewry Maritime Research. This left the Drewry Hire Index unchanged from January’s level. Panamax was the sole segment to record an improvement in earnings in February. Rates for vessels doing round voyages from Far East to East Australia more than doubled, rising from $3,954pd to $6,818.


Drummond Construction Barge Sinking Flags Pollution Concern

Oil spill containment: File photo CCL

A barge carrying construction materials for U.S.-based Drummond Co Inc, Colombia's second biggest coal miner, was shipwrecked at the company's port late last week, the company said on Sunday, causing leakage of some diesel fuel into the sea. Drummond only recently reopened the port in northern Colombia after the government had shut down operations until the miner completed an upgrade to meet new environmental legislation. It missed the January deadline for finishing work.


US 2014 Petroleum Production: Why Hubbert was Wrong

Combined production of crude oil, gas and condensates in the United States is on course to a hit a record this year, passing the previous peak set in 1972. The rise in output has confounded the famous forecast made by Shell geologist M King Hubbert who predicted that U.S


Offshore Service Vessels Design Innovation

PSV World Sapphire from Damen (Photo courtesy Damen)

It could be argued that no other sector of the maritime market has experienced a design innovation revolution quite like the Offshore Service Vessel (OSV) market. Driven by demands to supply people, gear and goods to offshore installations that are increasingly further from shore in deeper waters


Beijing's bid to move polluting firms adds pressure on nearby regions

China's capital has ordered more than 50 companies to shut down this year in an effort to cut pollution but pushing factories out could raise objections in surrounding areas reluctant to host Beijing's polluters. Smog-shrouded Beijing and the surrounding province


Rotterdam port's throughput almost stable

The Port of Rotterdam’s throughput in the first quarter of 2014, at 109 million tonnes, was 0.2% below the level for the corresponding period last year.Split up by goods type, less crude oil (-2%), mineral oil products (-14%) and other liquid bulk cargo (-14%) were transferred


AEP Barges into the Liquid Transport Markets

AEP Push.jpg

Answering the needs of longstanding clients, bulk transport giant AEP dips its toes into the liquid transport arena.       AEP River Operations needs no introduction for most MarineNews readers. One of the true river giants operating on America’s domestic


Cargill Earnings Hit by Commodity Market Disruptions

Cargill Inc said on Tuesday its quarterly earnings fell 28 percent, making it one of the largest companies yet to demonstrate how big commodity market disruptions this year have hurt its bottom line. Minneapolis-based Cargill, a top global commodities trader


Baltic Sea Freight Index Down Again

The Baltic Exchange main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday for a 12th straight session on weak rates for capesize vessels. The overall index, which factors in the average daily earnings of capesize, panamax


60 MacGregor Cranes Ordered for Chinese-built Bulkers

Range of MacGregor cranes from well-proven electro-hydraulic versions to highly-efficient low-energy new-generation VFD electric cranes.

MacGregor, part of Cargotec, has won a run of orders for bulk versions of its cargo handling cranes from five Chinese shipyards. The cranes are destined for 15 bulk carriers for various owners. The orders were booked in the first quarter 2014 order intake and include:


China: Coal Imports to Stay Steady in '14

China's imports of coal in 2014 are expected to remain at the same level as last year, with demand growth slowing and the domestic market already well-supplied, a senior energy official said on Thursday.   China imported 267 million tonnes of coal for the whole of 2013


Ice Blockade Halves March Lakes Shipping

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Ice formations, the likes of which have not been seen in decades, severely limited cargo movement in U.S.-flag vessels on the Great Lakes in March. Shipments of iron ore, coal and cement in “lakers” totaled 980,000 tons, a decrease of 55 percent compared to a year ago


Falling Vessel Rates Keep Baltic Freight Index Down

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday for a 13th straight session as vessel rates continued to soften. The overall index, which factors in the average daily earnings of capesize, panamax


Baltic Sea Freight Index down on Weak Capesize Rates

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped for a 14th straight session on Friday, driven mainly by falling capesize rates. The overall index, which factors in the average daily earnings of capesize, panamax


New Mangalore Port Traffic Up 6.29%

MT Humanity is the first VLCC handled by the port (Photo: NMPT)

New Mangalore Port recorded growth of 6.29% in cargo handling during the financial year 2013-14, GAC informs. The port handled 39.36 million tons of traffic, compared to 37.03 million in 2012-13. Of the total, 14.94 million tons (up from 14


Act Fast To Curb Global Warming, Or Extract CO2 From Air - UN

 Faster action is needed to keep global warming to agreed limits and delays until 2030 could force reliance on technologies to    extract greenhouse gases from the air, a U.N. report said on Sunday.   The study, drawing on the work of more than 1,000 experts


Coast Guard Battles 24-inch Plate Ice

Morro Bay, Photo courtesy of USCG

Coast Guard Cutters Morro Bay and Katmai Bay, homeported in Cleveland and Sault Ste. Marie, Mich., conducted ice breaking operations in Marquette, Mich., Sunday. The harbor breakout operations commenced following a difficult and lengthy escort that started in Duluth, Minn


 
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