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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


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


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.


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.


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


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


New Deliveries

Eastern Shipbuilding Launches OSV San Rafael, a 204 x 44 x 16 ft. OSV was recently launched by Eastern Shipbuilding Group. The vessel is being constructed for Naviera Tamaulipas, S.A. de C.V. of Tampico, Mexico, for operations in the Bahia de Campeche fields off Eastern Mexico. Capacities include 110,000 gallons of fuel, 211,000 gallons of drill water/ballast, 7,200 cu. ft. of bulk mud in six tanks, and 3,012 barrels of liquid mud.


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


Memorial University Program to Study Marine Offshore Structures

Houston, TX -The Research & Development Corporation of Newfoundland and Labrador (RDC) and ABS of Texas have announced a combined $600,000 investment for the ABS Harsh Environment Technology Center and associated research program. This investment will fund research on how ship and offshore structures can be improved to work more effectively in volatile ocean conditions, such as the North Atlantic.   “This partnership further demonstrates Newfoundland and Labrador as a


Piracy Still a Big Threat in the Indian Ocean

Photo: Alex Sergienko

Underestimating the security risk in the Indian Ocean could put ships in danger once again, says maritime security company MAST Ltd.   “Whilst recent reports and incidents seem to be pointing to the Far East as the next piracy hotspot


Kvichak, Vigor Announce Merger

Vigor CEO and owner Frank Foti

Merger positions combined company to play a dominant role in recapitalization of North Pacific fishing fleet and emerging Arctic oil gas operations. Kvichak Marine Industries and Vigor Industrial today announced the companies are merging to unite their strengths in the design and fabrication of


Second Bulk Shipper Files for Bankruptcy

Photo: Winland Ocean Shipping Corp

Dozens of iron ore and coal carriers idled as Baltic dry index falls to all-time low. A second dry cargo shipper has filed for bankruptcy following a collapse in freight rates that has forced many companies to idle vessels used to haul iron ore


Maritime NZ Puts Rena Salvage on Pause

Pic: The Rena Project

Maritime New Zealand has approved a pause in work on salvaging the Rena while the wrecked cargo ship’s owners wait for their resource consent application to be heard.  The ship's owner Daina Shipping has been seeking permission to leave sections of the wreck and some debris on


Shippers Take Measures to Limit OW Bunker Fallout

Shipping firms have paid millions of dollars into U.S. accounts to prevent their vessels from being detained due to non-payment of bills for fuel supplied by the bankrupt OW Bunker, indicating the impact from the collapse of the Danish firm was spreading.


IMB: Asia Maritime Piracy Attacks on the Rise

Offshore Security response to piracy (File image: IMB)

Piracy, armed attacks on ships in Asia at highest since 2006. Asia accounted for three-quarters of global maritime piracy last year after a surge in tanker hijackings helped to fuel a 22 percent jump in armed robbery and pirate attacks on ships in the region.


Asia Bulk-Capesize Rates at 6-year Low

Charter rates at 6-year lows as cargoes scarce; some owners anchoring ships rather than leasing at a loss. Rates for capesize bulk carriers have plunged to fresh six-year lows and could fall further with cargoes scarce in the post-holiday period, brokers said.


Oil slides, Brent tests $60

Oil

  Global oil markets fell again on Wednesday in holiday-thin trade, extending more than a week of see-saw volatility as traders jousted over whether a growing supply glut had been fully priced in. Oil whipped lower early in the day and tested new lows after U.S


Cape Horn Delivered into Service

Cape Horn

Elliott Bay Design Group (EBDG), a naval architecture and marine engineering firm with offices in Seattle and Ketchikan, announced the delivery into service of the Cape Horn, a Specialty Oilfield Vessel. EBDG partnered with Gulf of Mexico Operator SeaMar


Asia Dry Bulk-Capesize Market 'Imploding'

Capesize rates fall to six-year lows; rates below ship operating costs, according to accountancy firm. Rates for capesize bulk carriers on key Asian routes, which crashed close to six-year lows on Wednesday, will continue their inexorable fall in the face of few fresh cargoes, brokers said.


Maritime Guns For Hire Adapt to Changes in Sea Piracy

Somali pirate attacks down by 95 pct since 2011 -Maritime bureau. Cash-strapped maritime security firms are being forced to use fewer costly elite guards and to diversify into other businesses such as cyber security, as a steep decline in Somali pirate attacks and hotter competition erode


Asia VLCC Rates Could Could Climb Even More

Owners see rates climb by nearly $22,000 per day; Rates could peak as more tonnage comes free. Rates for very large crude carriers (VLCCs) on key Asian routes could nudge higher amid a flurry of new cargoes and tighter tonnage supply that propelled rates to their highest in nine months


Asia Tanker, VLCC Rates Could Climb

Charterers to release 30 Middle East VLCC cargoes next week. VLCC market buoyed by upbeat Suezmax, Aframax sectors. Rates for very large crude carriers (VLCCs) on key Asian routes are set to continue the rebound that started on Wednesday with a raft of new cargo requirements and upbeat sentiment


Oil Surges After Brent Crash

Oil

  Brent crude jumped almost $2 a barrel on Friday for its biggest daily gain in three weeks as support emerged a day after prices crashed to four-year lows below $80, but analysts were skeptical the rebound would continue, citing concerns over oversupply.


Belgian Law Firm Says Contacted by OW Bunker Investors

Photo: OW Bunker

Belgian law firm Deminor said it had been contacted by 15 to 20 investment firms considering legal action over the failure of OW Bunker, the world's largest shipping firm which filed for bankruptcy a week ago. Deminor, which specialises in representing institutional investors in class actions






 
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