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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


Greece to Halt Port Privatization

Greece's government said on Wednesday it was sticking to plans to halt the sale of its two biggest ports, Piraeus and Thessaloniki, rebuffing reports it was having second thoughts. Prime Minister Alexis Tsipras's new leftist government has sought to cancel key terms of Athens' bailout programme


Settlement Approved Between USCG, Tug Operator

A settlement between the U.S. Coast Guard (USCG) and the operator of the tug Shannon was approved Tuesday by a U.S. Federal Administrative Law Judge.   The settlement calls for a two month suspension of Merchant Mariner’s Credentials


Work Suspended for Day at Port of Oakland

Photo: Port of Oakland

All marine terminal work was suspended for the day on Thursday at the port of Oakland, California, as the dockworkers union and shippers continued talks aimed at settling a labor dispute that has disrupted cargo traffic along the West Coast waterfront for months.  


Crimea Nationalizes Cargo Port in Kerch

Image: Kerch Sea Commercial Port

 The Crimean State Council nationalized the Kerch-based cargo port Kamysh-Burun belonging to the Ukrainian financial-industrial group Altcom.   According to Crimean Parliament, nationalization was necessary to the conservation and effective use of movable and immovable property


British Security Initiative Targets Marine Theft

(L) Howard Pridding, Chief Executive, British Marine Federation and (R) Kevin Howells, Managing Director of Datatag (Photo courtesy: British Marine Federation)

The British Marine Federation has partnered with security experts Datatag to help owners avoid theft of marine outboards. At the CWM FX London Boat Show today, the two organizations announced a new security initiative called COMPASS; the Combined Official Marine Property and Security System as


USCG Warns of Adverse Weather in Bay Area

Adverse Weather conditions

  The Coast Guard advises exercising caution on and around the San Francisco Bay coastline and waterfronts, as excessively high tides are expected through mid-week. The National Weather Service has issued a coastal flood statement for a series of King Tides


Port Metro Vancouver Installs Noise-monitoring Stations

Image: Port Metro Vancouver

Port Metro Vancouver has installed eight long-term noise monitoring stations along both sides of the Burrard Inlet waterfront after receiving an increasing number of noise complaints from North Shore and Vancouver residents, says a report in The Province


Keppel Q4 Profit Up; 2014 Profit Beats Street

Keppel Corp's full-year profit up 2 pct at S$1.9 bln. Singapore's Keppel Corp Ltd said fourth-quarter net profit rose 6.1 percent to S$725.9 million ($544.8 million), while its full-year profit rose 2 percent and beat analysts' consensus.


Jeffersonville Port Sets Cargo Record in 2014

Port of Indiana-Jeffersonville (Picture by: Ports of Indiana)

The Port of Indiana - Jeffersonville handled over 2.4 million tons of cargo in 2014, up 48 percent from the previous year, according to a news release from the port. This was the first time annual shipments exceeded two million tons in the port’s 29-year history. 


Kongsberg Expands Louisiana Office, Training Facility

Image: Kongsberg Maritime

Kongsberg Maritime has purchased approximately 5.2 acres for new construction on an 82,980 sq ft office and training facility. Construction on the James Business Park property located on James Drive East in St. Rose, Louisiana is scheduled to begin this spring.   


US West Coast Port Negotiations Hit Snag

Photo: Port of Los Angeles

Shipping companies and terminal operators for 29 U.S. West Coast ports appeared to have hit a snag on Wednesday in protracted labor negotiations with the dockworkers' union, calling a news conference to publicly address the status of the talks.  


New Standard in Propulsion Efficiency and Onboard Comfort

Crew Transport Vessel equipped with two Voith Linear Jets (VLJ) Photo courtesy of Voith

The first vessel driven by the new Voith Linear Jet (VLJ) propulsion system was tested outside the Isle of Wight in Southern England at the end of 2014 According to the manufacturer, the propulsion system has performed convincingly all along the line and surpassed the expectations of her owner


Cargo Loading Suspended at US West Coast Ports

Photo courtesy of the Port of Los Angeles

Shippers suspend weekend cargo loading at U.S. West Coast ports Cargo freighter loading and unloading operations will be suspended at U.S. West Coast Ports this weekend due to continuing chronic slowdowns that shippers and terminal operators have blamed on the dockworkers' union


US West Coast Port Operations Resume

Photo: Port of Los Angeles

U.S. West Coast port operations resumed in full on Monday after shipping companies suspended loading and unloading of freighters for the weekend, citing chronic cargo backups the shippers and dockworkers have blamed on each other during months of labor tensions.  


Viking Star Succeeds In Sea Trials

Courtesy :Viking Gr.

  There is no question that Viking Ocean Cruises is launching an exceptionally innovative series of new ocean-going vessels, layered on its successful series of river cruise vessels, notably the Viking Longships. This list of innovations is a long one






 
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