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 protected]
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
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
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 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 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 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
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 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
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 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 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.
Zargon Oil & Gas Ltd. announces that it has entered into a definitive purchase and sale agreement to sell its Hamilton Lake property for $25 million. Property Disposition Zargon has entered into an agreement to sell its petroleum and natural gas assets in Hamilton Lake for a
A major winter storm is forecast for the San Francisco Bay this week. The storm is forecast to impact the entire Bay Area region, Monterey, and Lake Tahoe. Patchy fog, heavy rain, gale force winds (in excess of 34 knots) and increased wave action are expected Wednesday night
Waterways Council, Inc. (WCI) and its members and stakeholders tonight applauded the Senate’s passage, by a vote of 76 to16, of a 9-cent increase to the barge diesel fuel user fee. The provision was a part of tax extenders legislation that was combined with the “Achieving a
Waterways Council, Inc. (WCI) and its members and stakeholders applauded the Senate’s passage, by a vote of 76 to16, of a 9-cent increase to the barge diesel fuel user fee. The provision was a part of tax extenders legislation that was combined with the “Achieving a Better Life
Negotiators for shipping lines and terminal operators at 29 U.S. West Coast ports resumed contract talks with the union for dockworkers on Thursday, as cargo backups continued at the ports, a representative for the labor group said.
Port Tampa Bay, Florida’s largest maritime port and the 16th largest in the United States, has elected to implement PlateSmart's ARES enterprise license plate recognition-based video analytics system. Overseen by the Tampa Port Authority
The importance of shipping to world trade hardly needs stating, carrying as it does more than 9 billion tons of cargo each year in some 4,500,000 vessel movements. And while there have been major improvements in ship and operational safety over the past decades
Classification society ClassNK has amended its rules and guidance for the survey and construction of steel ships. ClassNK said it regularly revises and amends its rules and guidance as part of its ongoing efforts to improve the safety of life and property at sea
A moderate earthquake rattled a broad swath of Idaho early Saturday, damaging property and causing power outages near its epicenter in the city of Challis, which has endured a string of temblors over the past weeks, authorities said.
Victims of the Lac-Megantic oil-by-rail disaster that killed 47 people in the Canadian province of Quebec in 2013 agreed to a nearly $200 million settlement from Montreal Maine and Atlantic Canada Co and its U.S.-based parent company, a lawyer for the victims said in a statement on Friday
ClassNK has released the latest version of Good Maintenance Onboard Ships (January, 2015), a checklist designed to be used by shipmasters, crew, shipowners and other key personnel to ensure vessels are safe, well-maintained and comply with regulations.