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KEITH MARINE

Ports America Chesapeake 50-Yr Lease

Ports America Chesapeake has signed a 50-year lease at Seagirt Marine Terminal that is estimated to create 5,700 jobs. McKenna Long & Aldridge LLP (MLA) partner Keith Mason, and Stephen Goldsmith, former Indianapolis Mayor, and an independent consultant to the firm, served as strategic advisors to the team in supporting this public-private partnership (P3). The project is valued at $1.3b to the State of Maryland over the life of the agreement and is predicted to impact over 16,000 jobs across Maryland. Keith Mason, Chair of MLA's Ports practice and former Chairman of the Georgia Ports Authority, noted that, "Identifying the additional economic value of the partnership for the public was one of the key factors that made our highly qualified bid group the right choice for Maryland."   (www.mckennalong.com)


Wegener Appointed as Regional Manager at Kvichak

Kvichak Marine Industries, Inc. announces the opening of its East Coast Support Office with the appointment of Carl F. Wegener as Regional Manager. Wegener was formally the Sales & Marketing Manager at Austal USA in Mobile, AL. Keith Whittemore of Kvichak comments, “With the success of Kvichak’s business over the last few years in the Gulf, Great Lakes and Eastern Seaboard, it only makes sense to have a support office in the East to represent and support our projects and Carl Wegener was


Tropical Storm Keith Forces Key Oil Ports To Close

Two of Mexico's key oil export ports were shut down on Wednesday as tropical depression Keith whipped up winds and waves in the Gulf of Mexico, though the effects on oil production were not immediately known, authorities said. The port of Dos Bocas in southeastern Tabasco state was closed as winds blew from 21 and 27 miles per hour and seas swelled at between eight and 10 ft., said the transport ministry in a statement.


Tidewater CFO To Retire

Tidewater has noted that its executive vice president and CFO, Ken C. Tamblyn, will retire on August 31. Following a 20-year career as a partner with the accounting firm KPMG, Tamblyn joined the company as CFO in 1986. J. Keith Lousteau, Tidewater's senior vice president and treasurer was appointed Tamblyn's successor. A 23-year veteran of the company, Lousteau will assume the position of CFO. Tidewater also promoted Joseph M


IMarEST Appoints COO

Marine industry expert Marcus Jones has joined the Institute of Marine Engineering, Science and Technology (IMarEST) as its first Chief Operating Officer, working closely with Chief Executive, Keith Read CBE. “With the interests of 15,000 members in over a hundred countries and 49 branches globally to look after, coupled with the challenges and opportunities facing the maritime community, I am delighted that our team has been strengthened by the arrival of Marcus Jones,” explains Keith Read


New Zealand Ramps Up IMO Representation

IMO NZ Representation Ceremony: Photo credit NZ Government

Rt Hon Sir Lockwood Smith  appointed New Zealand's first Permanent Representative at the International Maritime Organization (IMO). Sir Lockwood, New Zealand High Commissioner to the United Kingdom, recently presented his credentials to the IMO’s Secretary-General, Koji Sekimizu. The Director of Maritime New Zealand, Keith Manch, also participated in the first-ever Symposium on the 'Future of Ship Safety', held at IMO headquarters in London.


Harley Orders Two Newbuild Tank Barges from Vigor

Sixty-Five Roses is a 422’x 76’ tank barge with capacity of 83,600 barrels presently employed  in U.S. West Coast Trade under Charter to a Major Oil Company. Built by Vigor in Portland, Ore., the barge is of double hull design and constructed to exceed OPA 90 Double Hull Standards. Fully loaded she displaces 13,150 Long Tons DWT. She is certified ABS Maltese Cross A1 Oceans.

Vigor Fab has been awarded a contract to build two 83,000 bbl. tank barges for Harley Marine Services, Inc.  The 422’x 76’ x 27’ tank barges, designed by Elliott Bay Design Group to be part of articulated tug and barge configurations, will be among the largest vessels constructed for Harley Marine’s fleet. Construction will begin this month at Vigor’s 60-acre shipyard in Portland, Ore


LNG America, Buffalo Marine to Design LNG Bunker Fuel Network

Image: LNG America

LNG America announced it has entered an agreement with Buffalo Marine Service, Inc. (Buffalo Marine) to cooperate on the design of an LNG bunker fuel network for the U. S. Gulf Coast region. LNG America is developing a hub-and-spoke delivery system for LNG as fuel for the marine market and other high horsepower applications. Ultimately, LNG America will establish delivery infrastructure for the delivery of LNG as fuel in major U.S. ports


Webb Institute Kicks Off Big Fundraising Push

Photo: Webb Institute

On the heels of its 125th anniversary, Webb Institute has launched a fundraising effort seeking to raise $40 million to enhance the college’s programs, infrastructure and financial resources to meet the growing challenges of an expanding marine industry, the college announced today.   The initiative, entitled "Campaign for Webb: America’s Most Unique College," sets forth the most ambitious fundraising endeavor in the institution’s history


Cargo Ship Being Evacuated off England's Storm-hit Southern Coast

A cargo ship was being evacuated after it started to take on water off the coast of Dover after the biggest storm of the season hit southern England, the Coastguard said on Sunday.   Earlier, the port of Dover said ferry movements had been temporarily suspended because of the "very high winds", which the Met Office said could reach 70-80 miles per hour in exposed coastal locations.   The coastguard could not immediately give any further details.


Asia Tankers-VLCC Rates to Hold Steady

File image of a typical VLCC underway (Credit: EuroNav)

25 MidEast cargoes still to be fixed; VLCC rates fall to 4-month low.   Freight rates for very large crude carriers (VLCCs), which hit a four-month low on Thursday, are likely to hold around current levels or nudge higher as charterers fix the final charters in February's loading


Asia Dry Bulk-Capesize Rates could Diverge on Market Conditions

File Image (CREDIT: AdobeStock)

Australia-China rates could climb on improved weather. Brazil-China rates to hold steady, fall on lack of charters.   Freight rates for large capesize dry cargo vessels on key Asian routes could diverge next week with rates from Australia to China rebounding on improved weather


Asia, Mideast Product Tankers Idled on Oversupply

File Image: Credit BMT

Lower product shipments from India, Mideast; diesel comes off floating storage, frees up ships.   Dozens of tankers used to carry refined oil products are sitting idle in Asia and the Middle East as slow trade and an oversupply of ships have cut daily earnings to as little as a fifth of


Blue Water Ventures JV with Under Marine Group

Blue Water Ventures International, Inc. Announces the Creation of Blue Water Treasures, Inc. Photo: Blue Water Ventures International

 Blue Water Ventures International, a historic shipwreck research and recovery company, has entered an agreement with Under Marine Group to joint venture on future deep water wreck sites located in and around the waters of Great Britain and the Caribbean.   


Asia Dry Bulk-Capesize Rates Firm as Weather Delays Weigh

File Image: a large bulk carrier underway (CREDIT: BSM)

Brazil-China rates climb to a 15-month high; about 80 capesize, panamax ships waiting to unload around Tianjin.   Freight rates for large capesize dry cargo ships on key Asian routes are likely to remain firm for at least two more weeks as bad weather conditions in China and Australia help


Singapore to Hong Kong: Give us back our troop carriers

Singapore welcomes Hong Kong pledge on handling of dispute. Singapore's defence minister on Monday said the nine armoured vehicles seized in Hong Kong could not be detained or confiscated, but that he welcomed Hong Kong's pledge for the dispute to be handled in line with its laws.


Webb Awards Thomas B. Crowley Sr. Memorial Scholarship

Hannah Wistort (Photo: Crowley)

Hannah Wistort, Webb Institute class of 2017, is the 2016-2017 recipient of Crowley Maritime Corporation’s Thomas B. Crowley Sr. Memorial Scholarship.   Webb’s scholarship selection committee chose Wistort for her academic excellence and leadership skills


Asia Dry Bulk-Capesize Rates to Slip; Low Demand, Overcapacity Weigh

File Image: a typical bulk vessel underway (CREDIT: BSM)

Despite lower rates, rental prices doubled from last year; capesize vessels totalling 15 million DWT to be delivered this year - broker.   Freight rates for large capesize dry cargo ships on key Asian routes are likely to drift lower as tonnage volumes outpace cargo demand even as owners


Asia Tankers-VLCC Rates to Hold Steady

File Image: A typical VLCC underway (CREDIT AdobeStock)

Unipec charters 20 VLCCs for West Africa, MidEast cargoes; China's oil demand to climb 3.4 pct this year - CNPC.   Freight rates for very large crude carriers (VLCCs) are expected to remain stable next week as buoyant chartering activity from the Middle East is offset by the large number of


Pirates Attacking Bigger Ships off Philippines

File Image: a piracy interdiction operation (Credit: IMB)

Attacks in waters east of Philippines shift to big ships; ReCAAP, security groups recommend avoiding Sulu and Celebes Seas.   Asian pirates are focusing more of their attacks on larger merchant ships near the Philippines, hoping for bigger ransom payments from kidnapping their crew


Asia Dry Bulk-Capesize Rates to Hold Steady

File Image: A so-called ValeMax bulk carrier (Vale)

Brazil-China rates hit 15-month high for second time this year.   Freight rates for large capesize dry cargo ships on key Asian routes could hold steady or slip slightly next week after unexpectedly climbing this week on strong cargo volumes, ship brokers said.  


WSF to honor crew for saving Captain’s life

MV Chetzemoka Photo WSDOT

Members of the media are invited to join in recognizing the Washington State Ferries (WSF) crew who saved their captain’s life after he collapsed at the helm of the Chetzemoka on Christmas Eve.   WSF’s highly trained crew will be honored by Deputy Secretary of Transportation


Asia Tankers-VLCC Rates Likely to Slide

File Image (CREDIT: AdobeStock)

Chartering activity could slow down in March due to refinery work; growth in tanker fleet could climb 6.5 pct, pressuring rates.   Freight rates for very large crude carriers (VLCCs) are likely to fall next week as charter activity from China slows ahead of the Chinese New Year holiday


Shippers Avoid New "pirate hotspot" west of Philippines

file Image: Pirates off the coast of Somalia are intercepted and disarmed. (Credit: EUNAVFOR)

Piracy has surged in Sulu, Celebes Seas; waters part of route carrying iron ore to Asia.   A surge in piracy to the west of the Philippines is forcing shipowners to divert vessels through other waters, stoking their costs and extending the time it takes to transport goods such as Australian


Asia Dry Bulk-Capesize Rates to Hold Steady

Floor may have been reached on Western Australia-China rates; dry cargo demand could fall 5.4 pct in first quarter.   Freight rates for large capesize dry cargo vessels on key Asian routes are likely to hold around the current levels next week on ample tonnage supply even as chartering






 
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