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 email@example.com.
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
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
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
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
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.”
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
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
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.
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
The largest shipyard in the Caribbean and Central America, Grand Bahama Shipyard (GBSL), has reopened for business after sustaining minor damages from Hurricane Matthew. Hurricane Matthew passed through Grand Bahama Island October 6
The Ports of Indiana announced that Indiana Michigan Power has agreed to sell its recently retired Tanners Creek coal plant in Lawrenceburg, Ind., to a brownfield redevelopment company that is working with the Ports of Indiana to evaluate the site for use as the state's fourth port.
The U.S. Coast Guard is urging mariners and members of the maritime community across North Carolina to prepare for Hurricane Matthew as Condition Whiskey is set for North Carolina Waterways. The Captain of the Port (COTP) has set Condition Whiskey for all waterways in the North Carolina
With forecasts indicating severe weather conditions related to Hurricane Matthew, Port Canaveral CEO John Murray today issued an evacuation order for landside operations, including Jetty Park campers, marinas and all port businesses and tenants. The evacuation deadline is set for noon on Wednesday
An Australian port and a stake in the Empire State Building's operator were among assets acquired by sovereign investors such as wealth funds and state pension funds in the third quarter of 2016, with deals totalling $21.2 billion. The combined value of deals was up 38 percent from the previous
Newport Exhibition Group, owners and producers of the Newport International Boat Show,announced today the results of this year’s Edson Awards for Excellence in Portraying Company Image. Presented by Will Keene, chairman of Edson International
The moored museum ship Hikawa Maru was officially designated as an Important Cultural Property by the nation’s Minister of Education, Culture, Sports, Science and Technology. Hikawa Maru is a Japanese ocean liner that Yokohama Dock Company built for Nippon Yūsen Kabushiki
The Port of Angeles has expanded its commitment to sustainability by issuing $35.2 million in green bonds as part of a larger debt refinancing successfully completed this week. The move marks the first time a U.S. port has entered the growing sustainability bond market where investors support
Greater Jakarta, one of the world's most densely populated cities, sits on a swampy plain and is sinking at a faster rate than any other city in the world. As per a report in Reuters, Indonesia will resume land reclamation that will help prevent Jakarta from sinking below sea level
The Company: XL Group plc through its subsidiaries and under the XL Catlin brand, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world
PPG’s (NYSE: PPG) protective and marine coatings business will showcase four of its’ premium marine coatings solutions at SMM event in Hamburg. Amongst these is one of PPG’s most recent product innovations, the PPG SIGMAGLIDE 1290 fouling release coating
U.S. Navy, Maritime Administration and California Environmental Protection Agency representatives joined City and Port officials today to commemorate the approval to transfer ownership of 125 acres of the former Naval Complex to the City of Long Beach.
The Company: Voith Turbo specializes in the design, manufacture and servicing of high performance driveline equipment. From drive components to electronic drive systems, technology from Voith Turbo impacts a wide variety of markets, including ship technology
An International Maritime Organization (IMO)-led workshop in Maputo, Mozambique is supporting countries in south-eastern Africa in implementing the STCW (Standards of Training, Certification and Watchkeeping ) Convention, which establishes international standards for training
Privateers of the Revolution: War on the New Jersey Coast 1775-1783 is the revelatory narrative of the 538 Pennsylvania and New Jersey privateers, privately owned ships of war some called pirates. Manned by over 18,000 men, these privateers influenced the fight for American independence.