Marine link
 

US STEEL

Steel Industry Presses for an End to Unfair Trade

Mario Longhi

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


Port of Indiana 40th Shipping Season

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


Great Lakes Ports Association Elects New Leadership

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)


Report: Tariff Cost Ports Money, Jobs

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


China Places Duties on Steel

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 May Appeal Parts of WTO Steel Ruling

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


Steel Prices Stay Firm

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


Incorporation of Charter Party into Bill of Lading

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


WSF Port Townsend-Keystone Route to Continue Full Servcie

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 Delivers SOLAS Rescue Boats

Photo: Willard Marine

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


Fednav (Belgium) N.V. Celebrates its 50th Anniversary

Screenshot from FALLine video https://vimeo.com/165333562

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


ClassNK Updates Steel Ships Survey/Construction Guide

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 Bags Statoil's Umbilical Supply Contract

Courtesy Technip

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


Hapag-Lloyd: 50 Years of Container Shipping in Germany

This is one of the first containers of Hapag-Lloyd. (Photo: Hapag-Lloyd)

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 Publishes Latest Noise Code Guideline

class nk logo.jpg

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


New Tug Equipped for US Tonnage Boom

Photo: JonRie

 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


Life Extension for World’s Oldest Icebreaker

Voima (Photo: Arctia)

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


Turnbull Tours Austal’s Western Australia Yard

Prime Minister Malcolm Turnbull was joined by Senator Linda Reynolds and Senator Chris Back for the tour of Austal’s Henderson shipyard, hosted by Austal CEO David Singleton and Chairman John Rothwell. (Image: Rod Taylor/Austal)

 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.  


AAL Boosts Chinese Operations

Photo: AAL Shipping

 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 Port of Catoosa Completes $11 Mln Dock Renovation

Photo: Tulsa Port of Catoosa

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.  


John P. Murtha (LPD 26) Delivered to US Navy

John P. Murtha (LPD 26) (Photo by Lance Davis/HII)

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 Invests £3m in Port of Tilbury

EMR signs 25 year deal & invests in Port of Tilbury

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


Tracking Chinese Seaborne Trade

Graph: Clarksons Research

 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 Declares Dividend

Photo Conrad Industries, Inc.

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


China Steel, Iron Ore Slip Deeper into Bear Territory

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






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright