Today, United States Steel Corporation President and CEO Mario Longhi joined fellow steel industry executives and Leo Gerard, international president of the United Steelworkers, in pressing Congress to maintain America’s economic and national security by halting unfair trade practices and enforcing the country’s trade laws. Longhi encouraged action against illegal dumping of Oil Country Tubular Goods by South Korea and others who threaten American jobs, infrastructure and our national security. While testifying before the Congressional Steel Caucus, Longhi emphasized that the issue of fair trade is “a matter of utmost importance to our employees, our company, our industry and our country.” U.S. Steel employs more than 24,000 employees domestically and is the nation’s largest producer of tubular products headquartered in the United States. U. S. Steel’s domestic position in the tubular market makes the “alarmingly rapid and intense surge of imported OCTG (Oil Country Tubular Goods) products into the market” to be of particular concern he stated. “OCTG products are… integral to the building and maintenance of our nation’s critical infrastructure and must meet the highest safety and quality standards,” said Longhi when discussing the importance of the tubular goods products to the country’s energy infrastructure
The Port of Indiana-Burns Harbor opens its 40th shipping season on April 9 with the arrival of the first international vessel – the Iryda. For 40 years, this Great Lakes port has provided an international connection for local businesses to reach world markets. The first ship signifies the start of the shipping season, the arrival of vital materials for local business and the start of another work season for longshoremen, crane operators, truckers and businesses that depend on the port
Members of the American Great Lakes Ports Association (AGLPA) elected new leadership at their annual summer meeting held this year in Oswego, New York. The new president is William Friedman, President & CEO of the Cleveland-Cuyahoga County Port Authority. Dean Haen, director of the Brown County Port & Solid Waste Department in Green Bay, will serve as vice president. The secretary-treasurer position will be held by Paul LaMarre, port director at the Port of Monroe (Michigan)
According to reports, a 20-month tariff on imported steel resulted in a loss of 9.3m tons of the metal and more than 2,000 jobs at U.S. ports, according to a new report from a maritime economics consulting firm. The study by Martin Associates of Lancaster, Pa., commissioned by the American Institute for Imported Steel and the first to document the economic impact of the tariff, found that the trade restriction kept about 424,000 tons of steel and iron from going through U.S
It appears the battle over steel continues. In the wake of the U.S. lifting its own 20-month tarriff on steel imports late last year, China, the world's top steel importer, has reportedly placed a hefty import duties on high-grade metal used by the shipbuilding sectors, according to a Reuters report. The U.S. lifted its tarriff in the face of a potential trade war over the matter. China reportedly implemented the new tariffs after it concluded that there was dumping of cold-rolled steel by
India said on Tuesday it may appeal against parts of a World Trade Organization ruling against countervailing U.S. duties on some of its steel exports, despite being partly vindicated in a trade dispute. States impose countervailing duties, or punitively high import tariffs, when they suspect another country of gaining an unfair trade advantage through subsidies. The WTO, ruling on the April 2012 case, said on Monday that the United States had acted wrongly in claiming some Indian
With global steel demand running at an unprecedented level, rapidly rising prices have been a constant headache for ship repairers, as well as ship builders, in recent months. And despite sharply higher steel output, there is little sign of any softening as the New Year dawns. According to the International Iron and Steel Institute (IISI), crude steel production for the 62 countries reporting their figures was 945m tonnes by the end of November
The U.S. Court of Appeals for the Fifth Circuit ruled that when a charter party is clearly identified in a bill of lading, it may be incorporated into the bill of lading. In the instant case, the time charter for the vessel included a clause providing for arbitration of disputes via a specific procedure. The time charterer then entered into a voyage charter for carriage of steel coils from Latvia to New Orleans. Bills of lading were then executed by the charterer and the shipper for
Washington State Ferries (WSF) said that the Port Townsend-Keystone route will continue to operate on a two-boat regular schedule, despite reports that the Nisqually may be taken off the route and service reduced to one vessel. The Nisqually and the Klickitat will operate on the published summer schedule, which is available online at http://www.wsdot.wa.gov/ferries/. On Sunday, July 29, a slow leak was discovered in the stern tube (part of the vessel steering system) of the Illahee
Willard Marine, a 56-year-old builder of composite and aluminum boats, has recently taken orders to build rescue boats for the Alaska Marine Highway System (AMHS), U.S. Military Sealift Command (MSC) and Maersk Lines Ltd. The Willard Marine rescue boats meet all U.S. Coast Guard requirements under the international Safety of Life at Sea (SOLAS) treaty. AMHS has ordered two 670 rescue boats for the M/V Columbia, which is being refitted with new safety equipment
Shortly after the inauguration of the Saint Lawrence Seaway in 1959, and the growth of grain exports that followed, bulk shipper Fednav realized that incoming steel products offered ideal repositioning from Belgium, and thus was launched regular service FALLine
Classification society ClassNK has released printed versions of its 2016 Rules and Guidance for the Survey and Construction of Steel Ships. ClassNK regularly reviews and revises its technical rules and guidance in order to ensure that they are relevant and up-to-date.
Technip’s wholly-owned subsidiary Technip Umbilicals Ltd.(1) has been awarded a contract by Statoil ASA to supply the umbilical(2) to the Oseberg Vestflanken 2 field offshore Norway. This field is located approximately 8 kilometers North West of the Oseberg field center at block 30/9-30/6 on
50 years after the beginning of modern container shipping in Germany, international trade is handled by 6,397 containerships, with a capacity of 21.1 million TEU. Hapag-Lloyd’s container fleet numbers among the largest in the industry.
ClassNK has released its Guideline for the Mandatory Code on Noise Levels on Board Ships (Second Edition). ClassNK's first edition of the Guideline for the Mandatory Code on Noise Levels on Board Ships was released in July 2014
Petchem, Inc. has taken delivery of its new Farrell & Norton 80’ 5,000HP ASD tug from Gulf Coast Steel Boat Builder’s in Bayou La Batre, Ala. Petchem’s new vessel and equipment help prepare East Coast ports for the increased tonnage coming through the canal in the
A comprehensive dry docking and life extension plan has been set out for the 62-year-old Finnish icebreaker Voima, continuing its run as the world’s oldest operational icebreaker. Commissioned in 1954, Voima is part of Arctia’s icebreaker fleet and has demonstrated its reliability
Austal Limited welcomed Australian Prime Minister Malcolm Turnbull to the company’s Henderson, Western Australia shipyard, demonstrating the facility’s naval shipbuilding capabilities, innovation and export success.
Leading global ocean transport operator, serving the breakbulk, heavy lift and project cargo industry AAL is set to strengthen its growing presence in the China region, with the appointment of specialist project and steel cargo freight forwarder Central Oceans
Tulsa primed to expand shipping capacity as Panama Canal nears completion After more than two years of phased construction, officials at the Tulsa Port of Catoosa formally dedicated their nearly $12 million dock renovation project Tuesday.
The U.S. Navy has accepted delivery of the future John P. Murtha (LPD 26) during a ceremony at the Huntington Ingalls Industries (HII) shipyard, May 13. Built at HII’s Ingalls Shipbuilding division, LPD 26 is the 10th San Antonio-class amphibious transport dock built by HII
EMR, one of the world’s largest metal recycling companies has made a significant commitment to remaining in its existing Tilbury Dock facility. Not only has it just signed a new 25 year lease with the Port of Tilbury, it will be upgrading its facilities and investing around £3m in
One of the major drivers behind the challenges currently facing many of the shipping markets has been slower demand growth. World seaborne trade grew by less than 2% in 2015, the slowest pace since 2009, with trends in China pivotal
Conrad Industries, Inc. which provides both repair and new construction services at its five shipyards located in southern Louisiana and Texas, announced today that its Board of Directors has declared a quarterly dividend of $0.10 per share of common stock
Chinese steel and iron ore futures fell deeper into bear market territory on Thursday, as the country's exchanges unveiled more measures aimed at dampening the type of speculative trading behind a powerful rally last month. The aggressive steps to limit speculative buying have helped fuel