OHIO STATE UNIVERSITY
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
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 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.
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
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 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
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.
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
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
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
Following the previous announcement regarding two group presidents’ retirements and new responsibilities for another group president, Caterpillar Inc. (NYSE: CAT) today announced related changes at the vice president level, including the retirement of Vice President Steve Gosselin.
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, 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
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
The recent enactment of the Waterways Resources Reform and Development Act of 2014 (WRRDA) has brought a sense of optimism to inland waterways mariners, operators and industries across the nation. Our inland waterways are poised for success
Following the previous announcement regarding two group presidents’ retirements and new responsibilities for another group president, Caterpillar Inc. today announced related changes at the vice president level, including the retirement of Vice President Steve Gosselin.
Global AC drives manufacturer, Vacon, has been named one of 18 industry-leading companies to participate in the Next Generation Power Electronics Institute at North Carolina State University. The Institute will bring research and commercial product development resources together in a
A paper published this week in Environmental Research Letters by NOC scientist Dr. Svetlana Jevrejeva provides new information about the probability of a sea-level rise reaching of 180cm by 2100. In this study Dr. Jevrejeva and colleagues explore the range of possible sea level rise by 2100
Port industry veteran Don Allee will assume control of the Port’s Cruise and Tourism Division in January, following the retirement of current Director J. Robert Jumonville. Jumonville, who will retire in January after 25 years at the Port
The Port of Cleveland’s Board of Directors voted today to provide up to $161 million to support the combined refinancing of four previous economic development projects, as well as approved the acceptance of a Homeland Security grant. At its monthly board meeting, the Port approved:
The Bouchard Transportation Company, Inc. and the State University of New York Maritime College (SUNY Maritime) today held a ribbon-cutting ceremony to celebrate the official opening of the Bouchard Tug & Barge Simulation Center. The Bouchard Tug & Barge Simulation Center is a training
Huntington Ingalls Industries (HII) announced today that Lori Harper, vice president of supply chain management at the company's Ingalls Shipbuilding division, was named one of the state's 50 Leading Business Women by Mississippi Business Journal.
SEPTEMBER 15, 2014, New York, NY – Today in New York Morton S. Bouchard, III and many local maritime dignitaries officially opened The Bouchard Transportation Co., Inc. Tug & Barge Simulation Center on the campus of the State University of New York (SUNY) Maritime College.
President Barack Obama appointed a former White House adviser as U.S. Ebola "czar" on Friday as the global death toll from the disease that has hit mostly three West African countries rose to more than 4,500. Amid growing concerns about the spread of the virus in the United States
Northrop Grumman Corporation is expanding its support for science, technology, engineering and math (STEM) education across the globe by sponsoring the Maritime RobotX Challenge in Singapore, Oct. 20-26. Bringing together 15 teams of university students from five countries (United States