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SCOTCH CAP

This Day in U.S. Coast Guard History - April 1

1897- Federal Civil Service rules were applied to Life-Saving Service (under Executive Order May 6, 1896).   1916-The official birthday of Coast Guard aviation.  On this date LT Elmer F. Stone reported to Pensacola Naval Air Station for flight training.  He was the Coast Guard's first naval aviator.   1945- Invasion of Okinawa in the Ryukyu Islands commenced.  In all, seven Coast Guard-manned transports, 29 LSTs, the cutters Bibb and Woodbine, and 12 Coast Guard-manned LCI(L)s participated in the bloodiest invasion ever undertaken by the U.S.  Over 13,000 Americans were killed and another 36,000 were wounded during the conquest of this Japanese possession.   1946- A tsunami swept away the light station at Scotch Cap, Alaska, killing the station's entire five-man crew.  They were: BMC Anthony L. Petit, MoMM 2/c Leonard Pickering, F 1/c Jack Colvin, SN 1/c Dewey Dykstra, and SN 1/c Paul James Ness.   1967- On April 1, 1967, the Coast Guard ended its 177-year association in the Treasury Department to enter the newly-created Department of Transportation when President Lyndon Johnson signed Executive Order 167-81.  The Coast Guard was the largest agency in the new department.   1984-The CGC Gallatin made the largest maritime cocaine seizure to date when it boarded and seized the 33-foot sailboat Chinook and her crew of two.  A boarding team had discovered 1,800 pounds of cocaine stashed aboard the sailboat.


Spill Recovery Equipment Caps to Increase

Effective April 5, the USCG will increase the requirements for on-water oil recovery capability for tank vessel and facility response plan holders by 25 percent. The so-called response capability "caps" address the volume of equipment a plan holder is required to ensure available by contract or other approved means. The caps ? meant to facilitate the cascading of response resources to a spill scene within the first 72 hours of an incident ? do not relieve a vessel owner of the statutory


Euroseas Ltd. Announces Acquisition of Containership

Athens, Greece - Euroseas Ltd., an owner and operator of dry bulk carriers, containerships and multipurpose vessels and provider of seaborne transportation for dry bulk and containerized cargoes, announced today that its joint venture, Euromar LLC ("Euromar"), signed a memorandum of agreement to purchase the M/V Cap Norte , a gearless containership of 41,850 dwt and 3,091 teu, built in 2007 in Poland. M/V Cap Norte comes with a three-year time charter at about $17


Airborne Oil Spill Response System May Take Off

Oil Spill Containment System: Image credit Scout Exploration

An investment research report draws attention to Scout Exploration, Inc. developers of a unique airborne oil spill technology response system. The system is designed to contain offshore and shoreline oil spills, of which there are hundreds every year, ranging from tens of millions of gallons to millions of barrels of oil in size, causing up to tens of billions of dollars' worth of ecological and business damages. Through a recent transaction


Director Watson Leads Deepwater O&G Containment Exercise

Director Jim Watson

As part of the Obama administration’s ongoing efforts to strengthen the oil and gas industry’s ability to respond in the event of a deepwater blowout and ensure that offshore oil and gas production can continue to expand safely and responsibly, Bureau of Safety and Environmental Enforcement (BSEE) Director Jim Watson launched an unannounced exercise to deploy critical pieces of state-of-the-art well control equipment to the ultra-deep seabed of the Gulf of Mexico.


Hamburg Süd Christens New Containership

Together with customers and business partners, Hamburg Süd yesterday celebrated the christening of its containership Cap San Lorenzo at the Exolgan Terminal in Buenos Aires. The Cap San Lorenzo is the fourth containership in a series of six newbuilds for the company in the new Cap San class.  All ships in this class have a nominal slot capacity of 9,600 TEU and are some of the largest ships belonging to the shipowning group


Owner To Shippers: Shape Up Or Face Draconian Laws

Oil companies and the tanker industry deserve to be hit by Draconian legislation if they do not clean up their act, according to a major shipowner. A series of simple measures would eradicate most of the defects which led to the loss of the Erika, said Lars Carlsson, president of Swedish tanker operator Concordia Maritime. "If we in the shipping industry abstain from introducing...steps which can so easily reduce most of the hazards in sea transportation


Detroit Diesel Recognizes Top Suppliers of 2000

Detroit Diesel Corporation (DDC) announced its top suppliers for the year 2000 as measured by its supply chain management program, Continuous Customer Value Improvement (CCVI). DDC evaluates major suppliers quarterly regarding quality, delivery, cost and technical support, with the goal of waste elimination. The three providers named DDC 2000 CCVI Supplier of the Year were Motorola’s Automotive and Industrial Electronic Group (AIEG), Ferry Cap & Set Screw Company and Vibratech.


BP to Burn Off Some Collected Oil

According to a June 10 report from Reuters, BPwill begin burning up to 10,000 barrels a day of oil from its Gulf of Mexico leak possibly as early as Monday, June 14, a company executive said. The British energy giant is collecting oil spewing from its blown-out seabed well through a containment cap and plans to test a second system to capture more oil over the weekend, Kent Wells, BP's senior vice president of exploration and production, said in a telephone briefing


Knightsbridge Tankers Stock Hits New High

According to a report from www.thestreet.com, Knightsbridge Tankers (Nasdaq:VLCCF) hit a new 52-week high Feb. 15 as it traded at $25.30 compared with its previous 52-Week high of $25.25. Knightsbridge Tankers is changing hands at $24.94 with 21,434 shares traded as of 9:32 a.m. ET. Knightsbridge Tankers has a market cap of $426.6 million and is part of the services sector and transportationindustry.   (Source: www.thestreet


China to Close Nearly 2,000 Coal Mines

China will close 1,725 small-scale mines with a total capacity of 117.48 million metric tons in 2014 as part of its program to phase out low-quality coal production, its energy administration said on Friday. Smog-hit China has been desperate to reduce coal consumption


Reduce Fuel Bills without Going to Drydock

Photo: Hydrex

Propeller buffing is a new technique that aims to keep propellers in optimum condition. The process is not conventional propeller polishing, but a service developed and delivered only by Hydrex. Routine propeller buffing can save 5% from the fuel bill, Hydrex said


First Ship Plugged-In to New Port of Hueneme AMP System

Image credit Port of Hueneme

The Port informs that it has conducted its first operational and safety vessel test of its recently installed Auxiliary Maritime Power (AMP) system. Port crews were on hand to view this first vessel ‘plug in’ by Hamburg Sud’s 'M/V Cap Pasley'


North Sea Traders Eye VLCCs to Asia, Libya Caps

Fawley refinery (photo courtesy Exxon Mobil)

North Sea Forties crude differentials firmed on Tuesday as traders eyed two potential VLCC shipments to Asia, though gains were capped as the first cargo of Libyan crude was set to load since a deal with rebels to reopen ports. Traders have been watching the progress of two VLCCs - the BW Utah


Underwater PBCF Installations Bring Fuel Savings

pbcf.jpg

Last month Hydrex installed  Propeller Boss Cap Fins (PBCF) on two tankers during their respective stops in Ghent and Antwerp. As a result of the underwater operation, the ships will not have to wait for their next drydock visit to start benefitting from the fuel savings the PBCF’s will


Sunken Vessel Leaking Fuel Near Alaska

Coast Guard Marine Safety Detachment Ketchikan personnel are working with responders to assess and mitigate pollution from the 60-foot Silver Bay II that reportedly sank at its moorings at the Wrangell Silver Bay logging sawmill along Zimovia Strait Wednesday.


ClassNK Registered More than 20 Million GT in 2013

Chart: ClassNK

Classification society ClassNK announced its official registration figures for 2013, revealing that new registrations of existing and newly built vessels totaled more than 20 million gross tons. The announcement was made on January 20, 2014 following a meeting of the ClassNK Classification


MarineNav Launches its New Line of Displays

Photo: MarineNav

MarineNav Ltd. has developed its cost-effective Mariner Series specifically for commercial vessels requiring dedicated single-input marine grade displays. Ideal for use with Engine Management, Advanced Vessel Monitoring, radar and ECDIS systems


USCG Selects Eastern as OPC Project Finalist

Image: Eastern Shipbuilding Group

Eastern Shipbuilding Group, Inc. of Panama City, Fla. announced it has been selected as one of the three finalists to design the United States Coast Guard’s new Offshore Patrol Cutters (OPC). In accordance with the terms of the $22 million dollar Phase I finalist award cap


ClassNK Joins SOx Scrubber Research

Leading class society ClassNK has announced that it will participate in a new joint development project to install and verify the effectiveness of new Sulfur Oxide (SOx) scrubber technology onboard a Pure Car Carrier (PCC) being carried out by Kawasaki Kisen Kaisha, Ltd


Beating the Bye-Bye Bonus Blues

A changing tax landscape doesn’t have to mean bad news – at least not just yet. A Changing Landscape Historically, bonus depreciation has had a significant effect on construction of new vessels, allowing businesses to initially expense 30 percent


UK Budget 2014 Good News for Shipping: Analysts

Chancellor of the Exchequer: Rt Hon George Osborne MP: Official photo

The UK government’s Budget 2014, issued on 19 March 2014, is good news for UK shipping as it ensures the continuation of a stable UK tax regime for shipping, as has been the case for the past few years, according to international accountant and shipping adviser Moore Stephens.


Navy's Efforts Focus on A-P Region & Arabian Gulf Says CNO

ADM Greenert at the Hearing: USN Photo

By operating from forward locations, the Navy and Marine Corps provide President Barack Obama with options to deal promptly with global contingencies, Navy Adm. Jonathan W. Greenert, the chief of naval operations (CNO) explained during a hearing of the House Appropriations Committee's defense


World’s Largest Reefer Ship at HAROPA-Port du Havre

Cap San Lorenzo

On March 27 and 28, HAROPA-Port du Havre accommodated the Cap San Lorenzo, a container vessel of 9,600 TEU delivered by Hyundai to the German shipping company Hamburg-Süd. Being the fourth of a series of six vessels of the Cap San class, the Cap San Lorenzo has a reefer capacity of 2


CMA CGM Reshuffles Services

CMA CGM announced a revised service between North Europe and South America East Coast as from mid-April which will consist of two loops as detailed below. SAFRAN 1 will be operated with 8 x 9800 TEU vessels with the following rotation: Rotterdam - London Gateway - Hamburg - Antwerp - Le Harve


 
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