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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


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


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


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.”  


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


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


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


HII, Kinder Morgan Not to Pursue Avondale Joint Venture

Huntington Ingalls Industries and Kinder Morgan Inc. decide not to pursue joint venture on Avondale redevelopment   Huntington Ingalls Industries (HII) announced it has completed discussions with Kinder Morgan Inc. (KMI) to explore the redevelopment of HII's Avondale shipyard in Louisiana


Philippine VP Open to Exploring for Oil with China in Disputed Sea

Jejomar C. Binay

Philippine Vice President Jejomar Binay, considered a front-runner for the presidency in 2016, said on Thursday he would welcome a joint venture with China to explore for oil and gas in disputed areas of the South China Sea.   Binay's stance is in contrast to President Benigno Aquino


Abu Dhabi Wins Volvo Ocean Race

Abu Dhabi Ocean racing on the approach to Itajaí. Photo by Volvo Ocean Race

 After 19 days of sailing, Abu Dhabi Ocean Racing has won leg five of the Volvo Ocean yacht Race, between New Zealand and Brazil.   Abu Dhabi Ocean Racing emerged victorious on Sunday after 6,776 nautical miles (nm) of immensely challenging racing in leg five to take a big advantage at


BAE Systems to Expand San Diego Shipyard

As part of the San Diego Ship Repair expansion, BAE Systems will purchase a new, additional dry dock, shown here as a rendering of where it would be positioned at the shipyard. It will be the company’s largest dry dock in the United States, measuring 950-feet long and 205-feet wide, with a design lifting capacity of 55,000 tons. (Image courtesy of BAE Systems)

BAE Systems announced it will invest approximately $100 million to expand drydocking capabilities at its San Diego shipyard.   The investment, which will include the purchase of a new drydock and a range of infrastructure improvements at the yard, aims to enhance ship repair


Getting Onboard the Regulatory Train

Joseph Keefe is the lead commentator of  MaritimeProfessional.com.

Rail transport activists, analysts and environmentalists get a real taste of what the waterfront has endured for decades. They’ll just have to get in line with the rest of us.   This week finds the collective domestic oil industry wringing its hands about the latest in a series of


Rolls-Royce Extends Service Capability in S.Korea

Photo courtesy of Sunjin Entech

Rolls-Royce has extended its service capability in South Korea by partnering with Busan-based ship repairer Sunjin Entech.   The new service agreement means that Rolls-Royce can now provide customers with a bespoke one-stop service solution at the Gupyung and Youngdo yards


Volvo Ocean Race Sails Again after Cyclone Pam delay

The fleet left Auckland for Itajai - Photo by Volvo Ocean Race

 The fifth leg of the Volvo Ocean Race in New Zealand finally got underway on Wednesday following a three-day delay to avoid the worst of Cyclone Pam.   The nine-month round-the-world yacht race was scheduled to leave Auckland for Itajai, Brazil on Sunday.  


USCG Issues LNG Bunkering Policy Letters

The port of Jacksonville could become a key LNG bunkering center in the United States. (Credit: Ramunas Bruzas)

USCG completes LNG bunkering regulations with reference to DNV GL’s Recommended Practice   Responding to the industry’s need for more guidance on procedures related to liquefied natural gas (LNG) bunkering, the U.S. Coast Guard (USCG) has published two new Policy Letters on LNG


Senesco Invests in New Welding System

PEMA WeldControl 200 Create (Image courtesy of PEMA)

Senesco Marine Shipyard on the U.S. northeast coast has invested in a more productive and efficient welding system, concluding a deal with Pemamek to deliver a PEMA Welding Portal for the welding of double bottoms and subassemblies.  


Vancouver Port Fire Leads To Evacuation

Image edited from Youtube video

 A chemical fire at a Vancouver container terminal led to a partial evacuation of Canada’s largest port for several hours Wednesday afternoon, as a cloud of white smoke drifting over the city prompted health warnings and road closures, says Canadian Press.  


Indian Port Workers to Launch Indefinite Strike

Pic provided by Indian Ports Association

 Port and dock workers in India are planning to go on an indefinite strike starting March 16th – they are protesting the government’s move to corporatize major ports.     The original decision by workers to go on an indefinite strike from March 9 has been tentatively


Gulf Craft Makes a Splash with New Luxurious Yachts

Majesty 122 by Gulf Craft Inc.

 UAE-based yacht and boat builder, Gulf Craft has made three global launches of latest super yacht - the Majesty 122, the Nomad 65 and 75 from the new collection of yachts designed for the passionate seafarer.    Three new luxury yachts worth a total of Dh53 million were unveiled


Rescue 21 Achieves 'SOLAS' Declaration from DHS

Image

  The U.S. Coast Guard is declaring 'Sea Area A1' service in certain areas off the coast of the United States based on the performance of the General Dynamics-built Rescue 21 system. The declaration is in accordance with provisions of the International Convention for the Safety of Life at


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


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.  






 
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