REINAUER TRANSPORTATION COMPANIES
Atlantic Marine, Inc. has signed a contract with Hornbeck Offshore Services, Inc. of Mandeville, Louisiana to build two (2) large, high capacity, Offshore Supply Vessels (OSVs) to serve the deepwater offshore oil industry in the Gulf of Mexico and worldwide. These two vessels will be built at Atlantic's Alabama Shipyard Division in Mobile, Alabama. Both vessels are scheduled for delivery in the first quarter of 2002. The contract includes options for two additional vessels. The vessels are state-of-the-art OSVs, each equipped with dynamic positioning capability. The vessels will be U.S. flagged and ABS Classed with dual U.S. Coast Guard certificates for both subchapter I and L. The vessels are 260 ft. in length, powered by 6780 HP Caterpillar engines, and have a large cargo capacity, which includes fuel, deck cargo, drill water, dry mud and liquid mud. These two vessels will expand the Hornbeck fleet in the Gulf to thirteen OSVs. Hornbeck also operates several tugs and barges in the petroleum transportation market in the Northeastern USA and Puerto Rico. "We are especially pleased to have Hornbeck return to Atlantic Marine for the construction of these two vessels", said Dick Wells, President of Alabama Shipyard. "This project will add over 100 new jobs to our employment, plus provide stable employment for our current employees throughout 2001."
Atlantic Marine, Inc. signed a contract with Hornbeck Offshore Services, Inc. of Mandeville, La., to build two large, high capacity, Offshore Supply Vessels (OSVs) to serve the deepwater offshore oil industry in the Gulf of Mexico and worldwide. These two vessels will be built at Atlantic's Alabama Shipyard Division in Mobile, Ala. Both vessels are scheduled for delivery in the first quarter of 2002. The contract includes options for two additional vessels.
Washburn & Doughty Associates, Inc. of East Boothbay, Maine is currently building two 4400 HP Z Drive (ASD) Tugs for Boston Towing & Transportation Company (BTT) of Boston, Massachusetts. The vessels measure 92’ x 32’ x 13’9” and have an estimated bollard pull of 110,000 lbs ahead and 105,000 lbs astern. BTT is a division of Reinauer Transportation Companies of Staten Island, New York. The vessels, which will be named Freedom and Liberty
Vincent D. Tibbetts Jr., president of Boston Towing & Transportation, the Boston division of the Reinauer Companies, announced that Boston Towing and Transportation Company has been awarded a significant 20 year contract by Suez Energy N.A. LLC to support their Neptune Offshore LNG Terminal. This contract includes the construction and operation of two additional vessels, a 128 foot, 5400 hp, controllable pitch Z Drive, FiFi 1 Offshore Support Vessel based in Gloucester, Ma
By Larry Pearson Shipyards in most major shipbuilding centers around the country are busy with double-hulled barge projects. The required phase out by OPA-90 regulations of single hulled barges over 25 years old by 2005 is the reason why there is considerable activity in this sector. Many petroleum transportation companies are building new barges and some barges with useful life remaining are being double hulled…so there is a good mix of new construction and renovation
The Marine Division of Industrial Power Systems has completed ABS inspections, functional testing, and delivery of the Main and Emergency Switchboards for the Reinauer Transportation ATB Tug, Meredith C. Reinauer. The Meredith C is the latest of three new tug and barge combinations built by Alabama Shipyard and Atlantic Marine. IPS Marine has provided the switchboards for all three projects.
Some of the industry's biggest players and supporters were present to honor Admiral James Loy and Grace Allen at the 26th Annual Silver Bell Awards Dinner on June 17 at Chelsea Piers in Manhattan. Also recognized, was John J. McMullen, renowned naval architect and marine engineer, and former CEO of United States Lines, who received a Lifetime Achievement Award. The event, which is one of the industry's top social and philanthropic events of the season, drew a record 954 guests
Richard L. Furman, Esq., member of Carroll McNulty & Kull LLC (CMK) of New York, has authored “Cargo Transportation Security: Legislation and Regulation Through 2009,” a pamphlet published by Matthew Bender. The terror attacks on September 11, 2001, made clear the need for comprehensive and integrated cargo and transportation security laws and regulations. Furman’s pamphlet discusses the principal legislation and regulations currently in effect, directed at cargo
The National Shippers Strategic Transportation Council, NASSTRAC, announces agenda for 2013 Shippers Conference & Transportation Expo. This event, which is developed specifically for the education and networking needs of transportation and supply chain executives with manufacturers, retailers, wholesalers and distributors, will take place April 21-24, 2013 at the Rosen Shingle Creek Resort in Orlando. This year's conference will feature more than 25 educational sessions that cover
Cape Fear federal pilot launches its first pilot boat and welcomes its latest customer, US Shipping Corp. After years of using a hired launch vessel for boarding ATB's, tugs and ships at the entrance to the Cape Fear River, the Cape Fear Federal Pilots recently launched its first pilot vessel. River pilot Tony McNeill, who operates the pilotage service for the Port of Wilmington NC for U.S. coastwise and military vessels says
Sakhalin Energy and Sovcomflot (SCF) inform they have agreed to extend their co-operation having signed a number of agreements for construction and long-term operation of support vessels for the Sakhalin-2 project. SCF explain that the vessels will be used as year-round personnel carriers and
The U.S. Department of Transportation’s Saint Lawrence Seaway Development Corporation (SLSDC) today joined the Port of Cleveland in announcing the launch of the Port of Cleveland’s Express Ocean Freight Service. The new service will run between the Port of Cleveland and Antwerp
Decreasing seasonal sea ice has opened up Arctic waters for longer periods with resulting potential economic opportunities in commercial shipping, cruises, commercial fishing, oil, and mining. In light of the importance of U.S. efforts to effectively manage Arctic issues, GAO was asked to examine U
Imperial Oil Ltd said on Thursday it is not yet close to deciding on whether it will go ahead with a Canadian liquefied natural gas export plant it is exploring with its majority owner Exxon Mobil Corp. Speaking to reporters following the company's annual meeting, Rich Kruger
U.S. Transportation Secretary Anthony Foxx today announced the appointment of 10 new members to the Marine Transportation System National Advisory Council (MTSNAC). Established in 2010, MTSNAC is comprised of leaders from commercial transportation firms, trade associations
A subsidiary of Saltchuk Resources, one of the nation’s leading transportation and petroleum distribution companies, has entered into a binding purchase & sale agreement to acquire Tropical Shipping and its related companies.
A subsidiary of Saltchuk Resources, a transportation and petroleum distribution company, has entered into a binding purchase and sale agreement to acquire Tropical Shipping and its related companies. The acquisition includes the premier shipping and logistics company for the Bahamas and
Crowley Maritime Corporation announced today that it has acquired majority ownership of Accord Ship Management (HK) Limited and Accord Marine Management Pvt. Ltd. The Accord acquisition will be managed by Crowley’s ship management group
Greece-based chemical transportation company Stalwart Tankers Inc has postponed its U.S. IPO plans due to "market conditions," an underwriter told Reuters. The company filed with U.S. regulators in February to raise up to $100 million in an IPO of its common stock.
International Shipholding Corporation (ISC) provides preliminary guidance for first quarter 2014 results and announces timing of earnings release and conference call. The company says that it expects to report a first quarter net loss, before Preferred Dividends, in the range of $3
Scorpio Tankers says it recorded a gain of US$51-million from the sale of the 7 VLCC newbuilding contracts announced earlier. In March 2014, the Company received the proceeds from the sale of the seven VLCC newbuilding contracts and recorded a gain of $51 million in the first quarter of 2014
Company will open new crane distribution center WireCo WorldGroup Inc., the world’s leading producer and marketer of specialty steel ropes and high synthetic ropes, announced today that WireCo has acquired the assets of Endenburg B.V., a Netherlands-based company
Terex Corporation (NYSE:TEX) will release its first quarter 2014 financial results on Wednesday, April 30, 2014 after market close. The Company will host a one-hour conference call to review the financial results on Thursday, May 1, 2014 at 8:30 a.m. EDT. Ronald M
The companies have signed a number of agreements for construction and long-term operation of the vessels for Sakhalin-2 project. At an official ceremony in Moscow, Sakhalin Energy Investment Company Ltd. (Sakhalin Energy) and Sovcomflot Shelf (SCF Shelf) on behalf of Sovcomflot Group have
Oiltanking Partners, L.P. announced that the board of directors of its general partner declared a cash distribution of $0.495 per unit, or $1.98 per unit on an annualized basis, for the first quarter of 2014. The first quarter distribution represents a 5