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
Marine traffic on the Ohio River was blocked Tuesday as cleanup efforts continued following the collision of a barge carrying gasoline and a docked barge filled with a plastic-making chemical. The USCG said work crews were making progress unloading the two barges, which joined together in the collision.
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.
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
The Australian Government today announced $21.5 million funding for 12 cutting edge R&D projects that will keep Australia at the forefront of solar research. Parliamentary Secretary for Industry Bob Baldwin made the announcement at an Australian Renewable Energy Agency (ARENA) event
Labor Day weekend marks the unofficial end of the boating season and is known as one of the busiest recreational boating weekends on the Ohio River. With approximately 2,000 boaters taking to the water, the increased recreational traffic presents additional safety hazards.
Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of Dr Beh Swan Gin as an independent and non-executive Director of the Company with effect from 1 September 2014. Dr Beh, 47, is the Permanent Secretary of the Ministry of Law
The head of energy company Royal Dutch Shell said on Tuesday that U.S. policymakers should lift the crude oil export ban because allowing the shipments would make global energy system more stable. "Policy makers here in the U.S. should embrace a truly liberalized diverse and global energy
Alexander Gaivoronsky was appointed Director General of Gazprom Transgaz Ukhta. Alexander Gaivoronsky was born in the Sverdlovsk Region in 1975. In 1997 he graduated from Ural State Technical University, majoring in Turbine Construction.
The Coast Guard says it has held a ribbon-cutting ceremony marking the completion of a new building at Station Fairport located in Grand River, Ohio. The new 18,000 square foot station building meets Leadership in Energy and Environmental Design standards and includes a modern command
The U.S. Coast Guard closed a 15-mile stretch of the Ohio River on Tuesday after at least five thousand gallons of fuel oil spilled from a 60-year-old power plant owned by Duke Energy near Cincinnati, Ohio. The spill occurred late on Monday during a "routine transfer of fuel oil" at
A 15-mile section of the Ohio River was reopened for limited traffic on Wednesday as clean-up of a 5,000-gallon fuel oil spill continued, the U.S. Coast Guard said on Wednesday. The Coast Guard closed a stretch of the river between Cincinnati, Ohio and Dayton
The Coast Guard rescued a fisherman from western Lake Erie after he launched an emergency distress flare Wednesday afternoon, near South Bass Island, Ohio. The Coast Guard is not releasing the name of the man rescued, and there is no Coast Guard imagery for this case.
A Coast Guard rescue helicopter crew medevaced a 32-year-old crewmember off an Italian-flagged tanker Wednesday, after he suffered an injury from a snapped fender wire that struck his chest 38 miles off Galveston, Texas. At 4:20 p.m., watchstanders at Coast Guard Sector Houston-Galveston
William H. Watson has been appointed as Vice President of Meridian Global Consulting, LLC, a Mobile, Alabama-based scalable risk mitigation specialist consultancy. Company CEO Jonathan McConnell announced the appointment, stating that, “We are pleased that Will Watson has agreed to join the
ABS, a global provider of classification services to the marine and offshore industries, announces the opening of a new office in Beijing. This move shows ABS' determination in expanding best-in-class service for the Chinese market. This new office will allow further collaboration with government
Gazprom and Sovcomflot named the new state-of-the-art 170,000m³ liquefied natural gas carrier (LNGC) Pskov, after one of the oldest Russian cities. The ship will be chartered to Gazprom Global LNG (GGLNG) under a long-term contract. The LNGC Pskov is the second vessel in a series of
Alcoa, Phinergy and Heig-VD University demonstrate electric boat with aluminum-air battery range extender at Lake Neuchâtel, Switzerland Alcoa, clean technology company Phinergy and HEIG-VD University, today debuted a zero-emissions electric demo boat powered by an aluminum-air battery at
The Government of India has appointed Neeraj Bansal as Deputy Chairman of India's largest container port, Jawaharlal Nehru Port Trust with immediate effect. Mr Neeraj Bansal is an Officer of Indian Revenue Servie with around twenty years of experience across the country in Direct Tax