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OHIO STATE UNIVERSITY

Editorial: When Up is Down, is Down Up?

As editors, much of our time is spent reading and evaluating, examining a wealth of information to help us determine in which direction particular market segments are heading; trying to forecast “what's hot ... what's not.” Given that this is the Offshore Annual edition, much of my reading and discussions of late have centered on offshore oil and gas production, and the myriad of political and market forces that ultimately determine the "what," "where's," "when's" and "how much" of offshore drilling. My insightful conclusion: Throw all of the reports and data in a trusty centrifugal, give it a whirl, grab the third thing to fly out and you are just as likely to be on the mark. Or not! Notoriously cyclical, unpredictable and dependent on forces based solidly on economics and loosely on politics, the direction, near-term and far-forward outlook of the offshore drilling market can change depending on which "expert" opinion you solicit. Not a day goes by when there aren't reports in the U.S. of gasoline prices hitting historic new highs — months before the peak summer season — yet talk to a some rig and boat builders and you'd think that the oil majors will never drill for another drop in the oil patch. Pick up a copy of the NY Times — Wednesday, March 24, 2004, page C1, to be exact — and read about new technologies to drill deeper, and "with energy prices rising


New Director for Jeffersonville Port

The Ports of Indiana has named Scott Stewart as port director for the Port of Indiana-Jeffersonville. A native of nearby New Albany, Ind., Stewart spent 24 years in positions of increasing responsibility with the Procter & Gamble Company before retiring in 2008 and moving back to Indiana. Upon his return, he served as a senior policy director for Governor Mitch Daniels and most recently as Director of Strategy for the Indiana Department of Transportation on the Ohio River Bridges project.


Algae-X Standard Equipment on All New Nordic Tugs

Algae-X International has announced its agreement with Nordic Tugs, to integrate the Algae-X Fuel Decontamination Technology into the fuel systems of the company's diesel-powered vessels. Mr. Shelton is incorporating Algae-X technology with traditional filtration to fulfill his goal of providing owners of Nordic Tugs with maximum reliability systems. Algae-X provides Optimal Fuel Quality and Peak Engine Performance and prevents fuel filter clogging and engine failure.


$42M in Grants for Ferry Docks & Facilities

U.S. Transportation Secretary Ray LaHood today announced more than $42m in grants to improve ferry service and build new docks and facilities in 15 states and Puerto Rico.  Congress authorized the Federal Highway Administration’s Ferry Boat Program was created to fund ferry boat projects that provide critical access to areas that lack other means of transportation where high passenger demand already exists


SUNY Maritime College Admiral’s Scholarship Dinner

State University of New York (SUNY) Maritime College’s annual Admiral’s Scholarship Dinner will be held on Tuesday, May 3, 2011, on the College’s Throgs Neck, Bronx, New York campus.  The event will begin at 6:00 pm with a cocktail hour, followed by the awards dinner at 7 pm in Vander Clute Hall.   During the Admiral’s Scholarship Dinner, SUNY Maritime College will salute two Maritime graduates, Mark Barker, president, The Interlake Steamship Company


Westlawn Adds Dean of Naval Architecture

Westlawn Institute of Technology, the not-for-profit educational affiliate of the American Boat & Yacht Council (ABYC), welcomed RADM Gordon G. Piché USCG (Ret.) as Dean of Naval Architecture. Piché was also elected to Westlawn’s Board of Directors. Piché is a graduate of the U.S. Coast Guard Academy, with a BSE in general engineering. He holds an MSE in naval architecture and marine engineering and an MSE in engineering mechanics from the University of Michigan


Miller Boat Contract to Great Lakes Group

Great Lakes Shipyard, a division of The Great Lakes Group, has been awarded a contract by Miller Boat Line, Put-in-Bay, Ohio, to fabricate and install a new 40-ft mid-body extension in the passenger/vehicle ferry Put-in-Bay.   The contract was awarded on August 17, 2009, and all work is underway at Great Lakes Shipyard's state-of-the-art facilities on the South Bank of the Old River Channel, on Cleveland's Cuyahoga River. The project is slated for completion by year end.  


Struthers President, Kohler Power Systems

Photo courtesy Kohler Co.

Kohler Co.’s Global Power Group has named Jason Struthers as the new president of its Kohler Power Systems business. Struthers has assumed leadership and management responsibilities for Kohler Power Systems, which includes operations in North America and Asia. KPS Sales & Service — doing business in Europe, Middle East and Africa — also falls under the administration of Struthers.  With an emphasis on growing sales, profitability and market share


New Leadership Takes Helm at Port of Indiana

The Ports of Indiana named Rick Heimann Port Director for the Port of Indiana-Burns Harbor effective January 16.   Heimann recently served as Sourcing Manager, specializing in rail and water transportation, for ArcelorMittal USA in East Chicago. “The opportunity to lead the Port of Indiana-Burns Harbor is an exciting endeavor,” said Heimann. “The customer base, the synergies they provide and logistical capabilities of the port, including access to rail


RS Bolsters Education, Science and Production Ties

Russian Maritime Register of Shipping (RS) said it is actively strengthening partnership in key areas of enhancing maritime transport safety. In 2014, meetings of four sections of the RS Scientific and Technical Council (STC) were held. Scientific and educational centers, shipbuilding and shiprepair yards, shipping companies and other organizations of the maritime industry participated in the RS Scientific and Technical Council sections: St


Cruise Vessel Drydocked at Great Lakes Shipyard

Photos courtesy of Greak Lake Shipyards

Great Lakes Shipyard has been awarded a contract for routine drydocking of the M/V Nautica Queen. The cruise vessel was hauled out using the 770-ton capacity Marine Travelift at Great Lakes Shipyard on Monday, November 10, 2014. The repair contract includes drydocking


TURBOMED Opens Service Station in Shanghai

Photo: TURBOMED

TURBOMED S.A. has established a new service station in Shanghai, China as a move to expand its presence in the worldwide marine industry. Furthermore, Yiannis Paraskevopoulos, Owner of TURBOMED S.A., decided to instate in Shanghai a Greek mechanical engineer, Nikos Paraskevopoulos


Antipiracy System Updates Triple Operating Range

Photo courtesy of WatchStander

Further developments in technology’s capability as piracy attacks and threats increase in 2014 WatchStander LLC, a provider of antipiracy technology for the shipping industry, has tripled the effective operating range of its fully automated antipiracy system


President Pryor Retires from ExxonMobil Chemicals

Stephen Pryor

  Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation, has elected to retire on January 1, 2015, after more than 44 years of service. It is anticipated that the board of directors of Exxon Mobil Corporation will appoint Neil A


SOSI Delivers Mooring Winches; Completes Test Pad

Photo: SOSI

Sound Ocean Systems, Inc. (SOSI) announced the delivery of two unique mooring winches, both tested on its newly constructed test pad at its primary manufacturing facility in Sultan, Wash. Mooring Winches Delivered SOSI recently delivered two all-electric, custom designed


Ocean Power Technologies to Deploy PB40 PowerBuoy Off New Jersey

The PB40 protoype powerbuoy undergoihng a final inspection

Ocean Power Technologies, Inc., announced today that the PB40 PowerBuoy(R) fabricated for the WavePort Project has shipped from Santander, Spain to Bayonne, NJ with the intent to deploy off the coast of New Jersey in the first quarter of 2015


WWII Wrecks Found off North Carolina

The German U-576 departs Saint-Nazaire, France, on the Atlantic coast, circa 1940-1942. The submarine was sunk in 1942 by aircraft fire after attacking and sinking the Nicaraguan freighter Bluefields and two other ships off North Carolina. (Credit: With permission from Ed Caram)

German U-boat 576 and freighter Bluefields found within 240 yards A team of researchers led by NOAA’s Office of National Marine Sanctuaries have discovered two significant vessels from World War II’s Battle of the Atlantic. The German U-boat 576 and the freighter Bluefields were


Great Lakes Shipyard to Build Two Tugs for NYPA

Rendering of one of two tugboats recently ordered by the New York Power Authority (NYPA) to replace two aging vessels—the Daniel Joncaire and the Breaker—that support the winter operations of NYPA’s Niagara Hydroelectric Power Plant and the Sir Adam Beck Pumped Generating Station, owned by Ontario Power Generation. (Credit: NYPA)

The Great Lakes Shipyard in Cleveland, Ohio, has been contracted by New York Power Authority (NYPA) to build and deliver two new tugboats for the Niagara Power Plant’s winter operations in Buffalo, N.Y. The new tugs will augment and replace aging vessels that are used for the installation


GasLog Appoints New Director

Image

  GasLog Ltd. today announced that the Board has appointed Mr. Donald Kintzer as a new independent member of the Board of GasLog effective 27 October, 2014. Donald Kintzer has also been appointed a member of the Audit & Risk Committee of the Company. Mr


General Dynamics Lands $84 Million Naval Award

Electric Boat is a wholly owned sugsidiary of General Dynamics

  The U. S. Navy has awarded General Dynamics Electric Boat a $83.8 million contract modification to continue development of the Common Missile Compartment for the Ohio replacement submarine and the United Kingdom's Successor ballistic-missile submarine


Long Beach Port Appoints 4 Executives

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  The Long Beach Board of Harbor Commissioners continued to fill key positions in Harbor Department leadership ranks this week with four additional appointments of experienced executives to oversee Port of Long Beach operations. The four professionals all have long and valuable experience


Capuco is Chief Naval Architect of Gibbs & Cox

Benedict Capuco, Vice President, Platform Solutins Group at Gibbs & Cox.

  Gibbs & Cox, Inc., an independent naval architecture and marine engineering firm, announced the appointment of Mr. Benedict P. Capuco as Chief Naval Architect.  In this role, Capuco will provide corporate leadership to the company's naval architecture and marine engineering


LaGrange Cites Strong Growth Numbers in Port Address

Port President and CEO Gary LaGrange delivers the annual State of the Port Address hosted by the International Freight Forwarders Customs Brokers Association of New Orleans Nov. 5 at the New Orleans Downtown Marriott at the Convention Center.

Economic development wins, new services and expanded agreements have resulted in record operating revenues and strong, double-digit cargo growth in 2014, Port President and CEO Gary LaGrange said during the annual State of the Port Address hosted by the International Freight Forwarders and Customs


SAR Boat Named ‘Ship of the Year’ by KNVTS

Photo courtesy of Damen

KNRM, Delft University of Technology, De VriesLentsch Naval Architects and Damen: maritime cooperation leads to innovation Damen and its partners have won the Royal Netherlands Society for Marine Engineering (KNVTS) ‘Ship of the Year Award’ for Nh1816


Leavitt tapped to head Northrop Grumman Maritime Systems Business

Northrop Grumman Corporation (NYSE: NOC) named Todd Leavitt, vice president of the company's Maritime Systems business unit, effective immediately.  Leavitt will have executive responsibility for all Maritime Systems programs and products






 
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