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WATERFRONT PROPERTIES

Composite Holdings Acquires Land for Marine Vessel Manufacturing

On 22 February, EPS Corporation’s 50-percent owned Composite Holdings Inc. (CHI) acquired approximately 37 acres and some 141,000 SF of marine composite manufacturing facilities, located off the Barge Canal on Merritt Island, Florida. This Merritt Island acquisition, combined with the 2008 acquisition of 50 percent of CHI and its over 13 acres and 89,000 SF of marine manufacturing capacity on the Indian River in Titusville, Florida, provides EPS and its affiliate CHI about 50 acres of Florida waterfront property and over 230,000 SF of modern marine composite manufacturing facilities. “EPS is excited about this investment in the area. We expect great things moving forward with our line of marine vessels, which will be manufactured at these facilities,” said Mr. Francesco A. Musorrafiti, EPS Chairman and Chief Executive Officer. All inquiries regarding EPS Hovercrafts and marine vessels can be made by contacting hovercraft@epscorp.com.  


Giant Container Terminal Expansion for U.S. Port

Global Container Terminals Inc. unveils multi-million dollar expansion plan to develop a container terminal in  Port Of New York & New Jersey Global Container Terminals Inc., a leading North American marine terminal operator with facilities on both coasts, has unveiled final plans for a multi-million dollar expansion project to develop a 70-acre technologically advanced container terminal on the Bayonne, NJ, waterfront


Curaçao to Host 2003 Convention in September

Agustin Díaz, deputy general manager of the Curaçao Ports Authority, Inc., was installed as Chairman of the Board of the American Association of Port Authorities (AAPA) during the September 26th Annual Membership Meeting at The Breakers in Palm Beach, FL. Díaz succeeded as Chairman of the Board Dick Steinke, Executive Director of the Port of Long Beach. “We’re pleased to have Agustin lead the Association on behalf of AAPA’s Latin American delegation,” said Kurt J. Nagle, AAPA President


Marine Hwy Fleet Builder Seeks Shipyard Site

Santa Maria Shipowning & Trading, based in Santa Rosa, California, is looking to purchase or lease a 15 or more acre industrial site with 600 feet of waterfront property and a minimum shoreline depth of 15 feet. The site will be used to build and launch a fleet of fuel-efficient, ocean-going container ships as part of the proposed Marine Highway Initiative (MHI) that will remove 20,000 daily truckloads off U.S. highways, transferring the cargo onto 66 new American-built ships


NWF Study: Many Beneficiaries of Waterway System

Michael W. Hennessey, NWF Chairman

Barge Transport Claims Only a Portion of the Benefits Our Navigable Waterways Make Available to the Nation.   The National Waterways Foundation (NWF) has produced a new brochure – “Waterways: Vital to the Nation” – capturing the key findings of the January 2011 study, “Toward a Full Accounting of the Beneficiaries of Navigable Waterways,” by the University of Tennessee Center for Transportation Research


Coastal Zone Management: ABA Publish New Book

Book cover: Image courtesy of ABA

With oceans considered by many as one of the last frontiers, the American Bar Association's new book “Zoning the Oceans: The Next Big Step in Coastal Zone Management’’ is intended to help experts and government planners use zoning as a vehicle for ocean development and management. It is claimed to be the first book to focus on new and emerging state ocean zoning programs in the context of recent developments in offshore coastal zone regulation at the state and federal


Carnival to Build and Operate Cruise Terminal in Honduras

Carnival Corporation & plc has signed an agreement to build and operate a cruise terminal on the island of Roatan, Honduras. Development of the facility - to be called "Mahogany Bay - Roatan" – is expected to start in fall 2007 and be completed by summer 2009 at a cost of $50m. The cruise facility will be situated on 20 acres on the Roatan waterfront and will consist of a two-berth cruise terminal capable of accommodating super post-Panamax vessels and up to 7,000 passengers daily.


Ground Broken on New Shipyard

As part of its continuing plans for diversification and expansion The Great Lakes Towing Company, a 106-year old tug company, now a multi-faceted marine transportation and ship and boat repair business, will construct a new $3,500,000 headquarters building and state-of-the-art shipyard complex on its present 6-acre deep waterfront property in the Old River Channel of the Cuyahoga River in Cleveland, Ohio. Located at the foot of West 45th Street on Division Avenue


Austal USA to be Contracted for Littoral Combat Ship

The U.S. Navy has awarded a team that includes Austal USA, a $79 million contract to develop a final design for the Littoral Combat Ship (LCS), along with options to build two ships. Total contract value including both shipbuilding options is $536 million. With its unrivalled expertise in large, high-speed aluminum vessels, Austal, as the designer and builder of the proposed LCS vessels, is a major contributor to the team which is led by General Dynamics-Bath Iron Works


Saltchuk Deal Enables Foss Maritime Move

Aerial view of site: Photo courtesy of Saltchuk

Saltchuk has signed a Purchase and Sales Agreement with Kimberly-Clark to buy a 66-acre property on the Everett waterfront, formerly home to Kimberly-Clark's pulp mill and tissue plant. The deal will initially bring approximately 250 skilled, family-wage jobs to the Everett waterfront and create a thriving/vital shipbuilding and maritime industry in the heart of Everett. Saltchuk, a second generation Northwest-based, family-owned business, employs 6,500 people nationwide


Marine News July Editor's Note

Joe Keefe New photo.jpg

I couldn’t possibly kick off this edition of MarineNews without first acknowledging – and applauding – the passage of the long-awaited, much needed Water Resources Reform and Development Act (WRRDA). Signed into law by the President on June 10th


Angarsk Petrochemical launches Euro 5 fuel Production

Launch of Euro-5 fuel production. Credit : Angarsk Petrochemical Company

  Angarsk Petrochemical Company, a part of Rosneft processing cluster, has shipped the first lot of  Premium-95 fuel compliant with the Euro-5 standard. The production of Euro-5 fuel was provided by the investment program realization on full-scale modernization of the enterprise


Historic Navy Ship Baylander Shortly Open to New Yorkers

ex-USS Baylander: Photo credit Baylander

An historic U.S. Navy vessel that was originally deployed during Vietnam and later used to train U.S. helicopter pilots will temporarily dock at Pier 5 of Brooklyn Bridge Park (BBP) and for the first time be open for public tours. Free walk-up tours of the 'Baylander' are currently scheduled for


Danos Adds Environmental Services

Danos recently added an Environmental Services Division to the company’s collection of oilfield related services, which includes production workforce, construction, fabrication, coatings, instrumentation and electrical, and shorebase and logistics.


Port of Los Angeles Adopts Fiscal 2014-15 Budget

 Ambassador Vilma Martinez: Official photo

The Los Angeles Board of Harbor Commissioners informs it has approved a US$938.8-million fiscal year (FY) annual budget for the Port of Los Angeles. Nearly $350 million (37 percent) of the approved budget will go toward capital expenditures to help the Port maintain its global competitive position


Texas City Y Marine Casualty Hearing Closes: Results Later

The courtroom: Photo USCG

Coast Guard and National Transportation Safety Board investigators have closed a formal hearing in Galveston, that was held to gather facts that led to a March 22, 2014 collision and subsequent 168,000 gallon oil spill near the Texas City Dike.


Norfolk Tug and Lyons Shipyard Continue Upgrades

Captain D

Established in 1928 by George Lyon Sr, Lyon Shipyard today occupies 30 acres of waterfront near downtown Norfolk Virginia. Norfolk Tug is based in the same area and takes pride in operating a fleet of tugs from the 1970s and ‘80s that they proudly designate as “vintage steel”


Azrieli Group in talks to sell energy firm Sonol

  Israeli property Developer Azrieli Group Said on Sunday it is in Talks to Sell Energy Company Sonol Israel to S. Shlomo Holdings Holding Company. Sonol is fully owned by Azrieli Subsidiary Granite Hacarmel . Refined Petroleum Products It distributes and Operates a


Wood Group Forms Joint Venture With ABT Oil & Gas

Courtesy Wood Group

  Wood Group PSN (WGPSN) announced that it has entered into a non-binding Memorandum of Understanding (“MoU”) with ABT Oil and Gas Ltd (“ABTOG”) to create a 50/50 jointly controlled entity. It is proposed that the new entity will deliver services dedicated to the


Steve Kennedy Re-joins Allianz from Zurich North America

Steve Kennedy: Photo AGCS

Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), announce the appointment of Steve Kennedy as Head of Corporate Property and Inland Marine Claims, replacing Tony Clark who retired at the end of January 2014


TT Club Calls for Increased Port Safety

Photo courtesy of TT Club

In a speech given to the Trans Middle East Conference in Qatar in May, Andrew Kemp, Regional Director EMEA of the freight transport insurance specialist TT Club, called for operators to do more to minimize the causes of incidents resulting in bodily injury, cargo and property damage.


Los Angeles Port To Unveil New Downtown Harbor & Town Square

PORT OF LOS ANGELES UNVEILS NEW DOWNTOWN HARBOR AND TOWN SQUARE ON THE LA WATERFRONT

  On Friday, June 20, at 6 p.m., the Port of Los Angeles will unveil the new centerpiece of the LA Waterfront: Downtown Harbor and Town Square, located on Harbor Boulevard, between 5th and 6th Streets in San Pedro. Situated between the World Cruise Center and Ports O’ Call Village at


Come Together, Right Now …

Collaboration is a wonderful thing.  And in Washington, DC, it seems to be a concept that has become more alien than ever before, with partisan politics that have gripped the nation’s capital. But teamwork is alive and well in the inland waterways industry when it comes to supporting


16 Die 17 hurt in Fire at GAIL Pipeline

Courtesy GAIL

GAIL (India) Limited deeply mourns the tragic loss of life and property in the unfortunate incident along the natural gas pipeline of the company at Tatipaka in East Godavari district of Andhra Pradesh yesterday. The company is working closely with district authorities to provide immediate relief


ClassNK Issues Amendments to Class Rules

The amendments courtesy of ClassNK

Classification society ClassNK says it has released amendments to its Rules and Guidance for the Survey and Construction of Steel Ships. The amendments, dated 30 June 2014 are shown in the accompanying image. ClassNK explains that it continuously reviews, updates






 
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