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Authorization Bill

AAPA Applauds Vote on WRDA

After a successful floor vote in the U.S. House of Representatives today to approve passage of a Water Resources Development Act (WRDA) authorization bill, American Association of Port Authorities (AAPA) President/CEO Kurt Nagle applauded committee and subcommittee leaders for championing the legislation, noting that this is a prelude to conference and final passage of one of the most critically-needed authorization bills of this session. “America’s ports depend upon a regular, biennial cycle of new project authorizations to improve federal navigation channels to accommodate calls from a modern world fleet of deep-draft ships,” remarked Nagle. “This bill is critical to maintaining America’s position as a dominate world trading partner and ports as engines of the nation’s economic growth.” Nagle said that AAPA and its U.S. member ports “are very appreciative” of the support provided by Transportation and Infrastructure Committee Chair Don Young (R-AK) and Ranking Member James Oberstar (D-MN), along with Water Resources and Environment Subcommittee Chair John Duncan (R-TN) and Ranking Member Eddie Bernice Johnson (D-TX). The last WRDA bill was signed into law in 2000. In the intervening half-decade, as demand for critical water resources projects has accumulated, so have the costs to implement them, making it more difficult to secure passage of a new WRDA.


Senate Passes CG Authorization Bill

The Senate passed the Coast Guard Authorization Act of 2004. Negotiations can now commence to resolve differences between this bill and the version adopted by the House of Representatives some time ago. The major difference between the two bills regards security plans for foreign vessels subject to the ISPS Code. The House bill would, in accordance with language in the Maritime Transportation Security Act of 2002 (MTSA)


Naval shipbuilding gets booster shot in legislative chambers

The Conferees on the Defense Authorization Bill, S.1059, for fiscal year 2000 wrapped up their conference after providing "Extended Lease" authority of 20 years or more to the Secretary of the Navy for the services of non-combatant ships, and rejecting an attempt by Senator John McCain (R-AZ) to repeal the three-year waiting period before foreign-built ships are eligible to carry preference cargo. The House Armed Services Committee has been working for three years to provide the Secretary of


Taylor: Base Closures "Bone-Headed"

Congressman Gene Taylor declared Defense Secretary Donald Rumsfeld's list of recommended base realignments and closures as "yet another bone-headed decision." "Back in February 2001, Rumsfeld announced his intention to hold a round of base closures. February 2001 was a whole different world than the one we're in now," said Taylor. "On September 11th, 2001, we were attacked. Since then, we've gone to war in Afghanistan and Iraq. We've declared a global war on terrorism


Hollings Secures $29.5 Million for Port

U.S. Sen. Fritz Hollings announced today that he has secured a total of $29.5 million for port security efforts at the Port of Charleston as part of the fiscal year 2004 Omnibus Appropriations bill. The funding is directed to Charleston's Project Seahawk, the nation's first port security command and control center and a project Hollings helped create. The Omnibus spending measure, approved by the Senate Thursday, encompasses the 7 appropriations bills that have yet to be approved


Congressional Maritime Legislative Initiatives In 2000

The year 2000 has enjoyed special significance as a transition year bridging two centuries. Similarly it has significance with U.S. lawmakers for the Second Session of the 106th Congress. As the last year of the currently elected Congress, this year anticipates action on a series of pending legislative measures and yet to be introduced proposals affecting the maritime industry. Specifically tax-related legislation and maritime policy-related legislation could be addressed.


Hydro's Board Seeks Share Buyback

The Board of Norsk Hydro ASA will at the company's Annual General Meeting May 11, 2004, ask for authorization to buy back shares. Under this authorization, the Board may buy up to 2,808,810 of the company's own shares in the market, over the 18 months period commencing May 12, 2004. Each share may be purchased at prices ranging from NOK 200 to NOK 700 per share. The Board will at a subsequent General Meeting propose to cancel the purchased shares


Moore Stephens & Clyde & Co Set Up Insurance Intermediary Consultancy

Insurance accountant and consultant Moore Stephens has joined with international law firm Clyde & Co to provide specialist advice to intermediaries on all aspects of the authorization process and on continuing compliance with FSA requirements. The rigorous FSA regime comes into effect on January 15, 2005. Intermediaries have until July 14 this year to submit their completed registration packs to the FSA. The new rules are not voluntary


ClassNK Registers First US-flagged Ship

Photo: ClassNKs first U.S. flag vessel.

Global classification society ClassNK  announced that ClassNK has classed its first United States-flagged ship. The vessel, newly named MT SLNC PAX, owned by Schuyler Line Navigation Company, LLC (SLNC), is classified as an oil tanker and chemical tanker with IMO type II & III, and will be operating in the U.S.-flag cargo preference service. Russell Paret, President of SLNC said, "We are very pleased to be working with ClassNK as they have been knowledgeable and diligent in


Maritime Transportation Anti-Terrorism Act Of 2002 Approved By House

Bipartisan legislation that establishes a comprehensive national system to increase anti-terrorism security at U.S. ports and waterways was approved by the U.S. House of Representatives on June 4. “The Maritime Transportation Antiterrorism Act of 2002” (H.R. 3983) was approved by a voice vote. The legislation was introduced by the bipartisan leadership of the Transportation Committee, including: - Rep. Don Young (R-Alaska), Chairman, Transportation & Infrastructure Committee


Jinhai Heavy Industry Secures Another Invention Patent

Invention Patent for Jinhai Heavy Industry

  Jinhai Heavy Industry of China has received patent rights for its large ship superstructure hoisting method after a state intellectual property review. The patent rights is for twenty years. The invention patent of large ship superstructure assembly method


Messer's CEO Norville Announces Retirement

Bill Heller (left), new President and CEO of Messer Cutting Systems; and retiring President and CEO Gary Norville. In the Background is Messer’s Titan III Cutting Machine

Bill Heller to assume the position as Messer Cuttings Systems’ President and CEO Gary Norville started at Messer Cuttings Systems Inc. in September 1980 selling and installing cutting machines. Norville worked in many different departments during his career with Messer


Aker Philadelphia Shipyard ASA: Purchase of own shares

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  Aker Philadelphia Shipyard AKPS), a leading U.S. commercial shipyard constructing vessels for operation in the Jones Act market, has on July 25, 2014 purchased 1,465 shares in the Company on Oslo Axess at an average price of NOK 158.68 per share, implying a total consideration of NOK 232


Aker Philadelphia Shipyard ASA : Purchase of own shares

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  Aker Philadelphia Shipyard ASA (the "Company") (Oslo: AKPS) has on 21 July 2014 purchased 2,155 shares in the Company on Oslo Axess at an average price of NOK 160.64 per share with a total consideration of NOK 346,190. Following the transaction, AKPS holds a total of 2


Mexico's Senate OKs Bills Expanding Power of Energy Regulators

Mexico's Senate gave general approval on Monday to legislation laying out expanded powers for energy regulators, part of the fine print needed to implement a constitutional reform that overhauls the oil, gas and electricity sectors. Senators must still debate reservations to the regulatory


Aker Philadelphia Shipyard to Pay Dividend

Aker Philadelphia Shipyard

  ]On July 16, 2014, the Board of Directors of Aker Philadelphia Shipyard ASA (Oslo: AKPS) resolved to pay a dividend to the shareholders of AKPS as of expiry of July 22, 2014, of NOK 1.5 per share, in aggregate NOK 18,862,149. The resolution was made pursuant to an authorization granted


Aker Philadelphia Shipyard : Buyback Program of Own Shares

 Aker Philadelphia Shipyard

The Board of Directors of Aker Philadelphia Shipyard ASA has resolved to initiate a buyback program for up to 10% of the Company's share capital. The decision reflects the Company's focus on maximizing shareholder returns over time, its strong financial position


Repsol Could Drill off Canary Islands in October

Spanish oil company Repsol could begin prospecting for its $7-billion oil exploration project off the Canary Islands in October, Industry Minister Jose Manuel Soria said on Tuesday. Spain's Supreme Court last month rejected environmental appeals against 2012 government permits granted for oil


Concordia Refloating Slated for July 14

Image courtesy of the Parbuckling Project

The Costa Concordia’s salvage team has confirmed that the ship refloating operation is set to proceed starting on Monday, July 14. As was the case for the parbuckling project, the operation’s commencement is subject to authorization from the observatory and also weather forecasts


Congress Gets It Done with WRRDA

Michael J. Toohey, President and CEO, Waterways Council, Inc.

On May 22, the Water Resources Reform Development Act (WRRDA) of 2014, containing major recommendations of the Capital Development Plan (CDP), was passed by a vote 91-7 in the Senate.  As MarineNews was going to press, President Obama finally signed the bill into law


Marine Salavage: Responder Immunity Benefits a Responsible Party

The Author, Jon Waldron

Putting to rest the fears and misconceptions about what responder immunity means and what it will eventually do. It’s all good. As many in the response industry, and in many cases the marine industry in general appreciate, there has been an extended effort to enact an enhanced responder


House GOP Spearheads Bill to Expand Domestic Drilling

Today, the House passed H.R. 4899, The Lowering Gasoline Prices to Fuel an America that Works Act by a vote of 229-185. If enacted the bill would expedite oil and gas leasing on federal lands, open new offshore drilling areas and expand drilling in Alaska’s National Petroleum Reserve.


Alert: NTVRP Interim Authorizations Expire 31, July 2014

The UK P&I Club notifies that the “Nontank Vessel Response Plans and Other Response Plan Requirements” (NTVRP) final rule  required owners or operators of nontank vessels 400 gt and above to submit oil spill response plans for vessels operating on the navigable waters of the


Finmeccanica - Alenia Aermacchi Awarded USCG Training Contract

Finmeccanica - Alenia Aermacchi has been awarded a contract with the United States Coast Guard (USCG) to provide training services for initial cadre members who will fly the USCG’s newly acquired C-27J. The training will consist of in-class sessions, flight simulation instruction


Ohio Governor Freezes State's Clean Energy Law

  Ohio Governor John Kasich on Friday signed legislation to freeze a six-year old law that required utilities to sell increasing amounts of green energy, making the state the first in the country to roll back a clean energy mandate.






 
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