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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


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


Tauber Oil Opens West Calcasieu Port Operations

Photo: West Calcasieu Port

Tauber Oil Company of Houston has become the West Calcasieu Port’s newest tenant.    “Tauber Oil is a service-oriented wholesale energy marketing company with a reputation for reliable performance and untarnished character,” said Lynn Hohensee, port director. “The marine vessel operators along the Gulf Intracoastal Waterway and the Calcasieu River Waterway will find they now have a new first class refueling option in Southwest Louisiana.”  


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


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


Seven Ships Laid up at Duluth-Superior

The Port of Duluth-Superior said it will welcome seven ships for winter layup this year.   The firs tvessel Indiana Harbor laid up early on November 3 for a repowering project is already underway at Fraser Shipyards on the Herbert C. Jackson, in dry dock since early December.   


Apply Now for MarineNews' MN100

MN100.jpg

The annual edition of MarineNews MN100 Market Leaders will soon be upon us. The August edition of MarineNews once again takes a close look at the Top 100 companies in the marine industry. Last year’s honorees came from every sector of the waterfront; from naval architects to vessel operators


USCG Search for Dinghy Owner near Kaneohe Bay, OAHU

U.S. Coast Guard photos

The Coast Guard is seeking the public's help identifying the owner of a 13-foot white sailing dinghy found near Kaneohe Bay, Wednesday. Anyone with information that may help identify the owner of the sailing dinghy is asked to contact the Coast Guard Sector Honolulu Command Center at


Retailers Call on Union and Ports for Long-Term Stability

Matt Shay (Photo: NRF)

Strike at NY/NJ Waterfront Shows Need for Discussion   The National Retail Federation called on the International Longshoremen’s Association and the U.S. Maritime Alliance to seek long-term stability at East Coast and Gulf Coast ports following last week’s strike at the Port of


Picked up Pickup

Photo: USCG

The maritime industry often presents unusual hazards to those who perform the wide variety of work associated with the business of shipping – especially at waterfront facilities.   A pickup truck was recently dragged into a harbor by a mooring line that was being hauled in by a


Los Angeles to Host Annual 'Fleet Week'

Credit Fleet Week

  Mayor Eric Garcetti and U.S. Navy officials announced today that Los Angeles has been selected as an official Fleet Week market for the U.S. Navy, beginning in 2016. LA Fleet Week will run through Labor Day, with active military ships beginning to arrive in the days preceding the


KAMCO Becomes White Knight for Shipping

KAMCO Executive Director Lee Jong-Jin (right), DVB Bank Executive Director Maarten Vis (left) and SW Shipping CEO Kim Gyeong-deuk (center) pose with the signed “Shipping Fund for Korean Tonnages 1 and 2” in April 2015. Photo: KAMCO

 Acquiring ships from financially troubled shipping companies will remain one of the mainstay jobs handled by South Korean finance house Korea Asset Management Corporation (KAMCO) next year, reports Korea Times.   The company has bought 33


Scaldis’ Crane Vessel Rambiz Meets MERUS Tech

Image: Pronomar

The heavy lift vessel Rambiz, property of Scaldis Salvage, stands out due to her large deckspace, shallow draft, renewed large accommodation facilities and two cranes.   Together with other qualities, this arrangement gives the vessel the capability to operate in areas where no other


Sturrock Dry Dock Puts Operation Phakisa into Action

Photo: Sturrock Dry Dock

The Sturrock Dry Dock in the Port of Cape Town has been a hive of activity recently with a number of interesting vessels berthing at the facility for repairs and maintenance.    The mining vessel, mv Debmar Atlantic, owned by De Beers Marine Namibia (Pty) Ltd


Hempel Launches Hempasil X3+ Fouling Release Coating

Building on its Hempasil range of fouling release systems, marine coatings manufacturer Hempel has launched a new antifouling, Hempasil X3+, a biocide free, two-component, fouling release coating with a high solids content.   Targetting improved fuel savings, Hempasil X3+ creates a smooth


CEO Will Not Return: Fredriksen

Norwegian-born billionaire John Fredriksen said Jo Lunder, who has been on leave as chief executive of his Fredriksen Group since November, would not come back, business paper Dagens Naeringsliv wrote on Friday. Fredriksen Group controls rig firm Seadrill, fish farmer Marine Harvest


Concordia Maritime Charters Out P-MAX Tanker

Concordia Maritime announced it has chartered out a P-MAX tanker to a Chinese shipping company for two years, effective in late January or early February 2016.   Kim Ullman, CEO of Concordia Maritime, said, “We are now taking advantage of the strong market and chartering out one of


Green Signal for Sinotrans-China Merchants Merger

Photo: Sinotrans & CSC Holdings Co

 China's cabinet on Tuesday (Dec 29) approved a deal that fuses two of the country's biggest state-owned transport and logistics firms, reports Reuters.   China's cabinet has approved China Merchants Group's acquisition of Sinotrans & CSC Holdings Co


Coast Guard Closes Portion of Upper Mississippi

File Image: A barge fleeting area on the Mississippi River (WCI)

The Coast Guard yesterday has closed a portion of the Upper Mississippi River to all vessel traffic from mile markers 184 to 179, due to hazardous condition on the river near St. Louis. Capt. Martin Malloy, Upper Mississippi River Captain of the Port


Art Anderson Associates Wins 5-year NOAA Deal

Art Anderson Associates informs it has been awarded a five year Blanket Purchase Agreement (BPA) for program and project management as well as other services supporting the Marine Engineering Branch for oceanographic and fisheries research ships and small vessels operated by the National Oceanic






 
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