The Panama Canal Authority (ACP) announced that four global consortia have been selected to bid on the "design-build contract" to create the locks for the Panama Canal expansion. The Expansion Program will build a new lane of traffic along the Panama Canal through the construction of a new set of locks, doubling capacity and allowing more traffic and longer, wider ships. In what will be the largest and most important project under the $5.25 billion expansion, the winner of this contract will design and build two locks complexes. Each of the four consortia will be allowed to respond to the ACP's Request for Proposal (RFP), which is expected to be released very soon. The consortia are: Consorcio C.A.N.A.L.; Consorcio Atlántico-Pacífico de Panamá; Consortia Bechtel, Taisei, Mitsubishi Corporation; and Consorcio Grupo Unidos por el Canal. (Editor's note: Details of the companies that compose each consortium are listed at the end of this document.) The qualifying process began August 27, 2007 when the ACP released a Request for Qualifications (RFQ) for the construction of the new set of locks. Following the release of the RFQ, the ACP facilitated a field visit to the expansion work sites and conducted an informational session, where more than 200 questions were received from interested parties. On November 16, 2007, four consortia, composed of 30 companies from 13 countries, submitted Statements of Qualifications
At press time, the political debate surrounding the creation and final details of the Homeland Security Department was still being vehemently debated, rightfully so considering that it is perhaps the most significant U.S. government overhaul in nearly half a century. Those hoping for a clean and quick decision on the matter should have known that politics — and time — would eventually cool the fervor created by the September 11 attack
Marine business in these United States continues to get increasingly: A] Encouraging; B] Depressing; or C] Interesting, depending on who you talk to and at what time of day. The entire market, from inland to oceangoing, naval to commercial, is abuzz with activity. On the naval front, corporate intrigue has taken center stage as General Dynamics bids once again to acquire Newport News Shipbuilding. The major difference between the takeover attempt today versus the unsuccessful bid
I’ve been to many ship and boatbuilding facilities ... domestic and foreign; large and small; modern and antiquated. In fact, traveling to shipyards, witnessing first hand the different means incorporated to build ships and boats and meeting the people responsible, is probably the best part of my job. Naturally, I’ve seen many different types of vessels in varying degrees of build, from the largest cruise ships and LNG carriers to the smallest tugboats and water taxies.
Frankly, I ‘m tired. Having passed yet another summer and now embarked upon the path of Autumn 2004, my schedule is packed not only with work and the requisite travel, but the schedule of a fourth grader and the myriad of after school and weekend activities, not to mention the pile of paperwork from school and clubs. To tell the truth, I would rather evaluate the merits of a corporate consolidation than be forced to decipher the nuances of my son’s ‘school picture’ package
Analysts, pundits, skeptics and just about anyone with a two-bit opinion have voiced their thoughts — informed and otherwise — as to the potential effects that the surge in “e-commerce” solutions will have on the transportation community at large. While the marine market is traditionally said to be slow in following general business trends, this supposed character trait has not been evident in the new electronic realm
May 17, 1999 This Customs Service document proposes to amend the Customs Regulations to provide for the temporary landing in the U.S. of vessel equipment in need of repair, without requiring entry of that equipment under a Temporary Importation Bond (TIB). It is proposed such equipment be permitted to be landed for repair and relading aboard the same vessel, subject to Customs issuance of a special permit or license for the landed equipment, under an International Carrier Bond
I find the great thing in this world is not so much where we stand, as in what direction we are moving. To reach the port of heaven, we must sail sometimes with the wind and sometimes against it, but we must sail and not drift, nor lie at anchor.” Never remiss to incorporate wisdom of the ages for the editorial good, I found this quote — from Oliver Wendell Holmes, The Autocrat of the Breakfast Table, 1858 — hanging handily on the wall of my colleague, Charles Keil
Primorsk Shipping Corporation of Nakhodka (PRISCO) has awarded V.Ships a contract for the full technical management of three ice-class tankers. These vessels will be on long-term time charter to the Sakhalin-1 Consortium for operations in Phase 1 of the Sakhalin-1 Project, operated by Exxon Neftegas Limited, a subsidiary of ExxonMobil. Following a call for tenders from Exxon Neftegas Limited in November 2002, for a series of five new building ice-class shuttle tankers, V
Pop Quiz: Think back to the last time that U.S. Shipyards were operating at the breakneck pace now being seen from coast to coast. Now, think about that in context of slowing global demand brought on by overbuilt bluewater sectors. Next, factor in the breathtaking newbuild programs underway in the offshore support, inland marine and Jones Act sectors. And, don’t forget the increasing demand from foreign operators who, more and more, are beginning to understand that U.S
Offshore energy is a unique animal. I say that because, increasingly, the vessels that provide offshore service are becoming the mainstream of our bluewater merchant marine. Smaller than their containership or tanker cousins – although getting bigger every day – these vessels pack
For the fifth consecutive year, Crowley Maritime Corp.’s logistics group has been recognized as one of the best-equipped industry providers after being named a 2013 Inbound Logistics Top 100 Third-Party Logistics (3PL) Provider. Editors selected Crowley
Offshore Service Vessel owner Tidewater Inc. with a group of institutional investors have executed a $500-million senior unsecured note purchase agreement. Proceeds from the issuance of the notes will be used to (i) refinance borrowings under the company’s existing $600 million revolving
Optimizing both a fleet of workboats and the business model that makes all of that possible is probably the highest priority item on your plate, every day. And, as you will soon discover within the pages of the latest edition of MarineNews, fleet optimization can mean 10 different things to 10
Container service reliability improved for the second quarter in a row during the third quarter of 2011, according to Drewry Maritime Research’s latest Schedule Reliability Insight report. The report is the longest established independent survey of liner service reliability in the
Hyde Marine’s chemical-free, IMO Type Approved ballast water treatment solution packs performance in a smaller footprint. That’s good news for small vessel operators who may soon find themselves impacted by a problem that previously was thought to be a “bluewater” issue.
SMC announce it has been named as 'Top 100 Logistics IT Provider' by Inbound Logistics Magazine According to the magazine, SMC was selected because its solutions work tactically to master supply chain transactions, as well as strategically to act as a change agent to drive the enterprise to
Intergraph® releases CADWorx® Plant Professional 2013, latest version of its AutoCAD®-based, intelligent 3D technology Building on its abilities to quickly produce accurate and intelligent 3D plant models, CADWorx 2013 greatly improves the plant design and deliverables creation
Immarsat's Voice Distress over FleetBroadband has won the "Safety at Sea" magazine's Systems Award for its service to seafarers in difficulties The Inmarsat Voice Distress (Non-SOLAS) service was launched last year to enhance safety communication on commercial and leisure vessels.
Yamaha VMAX SHO® outboard engines recognized by Consumers Digest as a 'Best Buy' Three Yamaha four-stroke outboards, the Yamaha V MAX SHO® VF200, the Yamaha V MAX SHO® VF225 and the Yamaha V MAX SHO® VF250 have been awarded a Consumers Digest Best Buy rating.
Pilot Freight Services, a worldwide provider of transportation and logistics services, announce its recognition by three trade publications. Pilot Freight Services, Inc. is a full-service transportation and logistics provider with over 75 locations throughout North America and a recently opened
On June 27, I testified on behalf of the American Maritime Partnership (AMP) before the House Coast Guard and Maritime Transportation Subcommittee at a hearing that questioned the Administration’s skirting of the Jones Act during last summer’s Strategic Petroleum Reserve (SPR) drawdown
Defence IQ releases Survey Data for Maritime Reconnaissance & Surveillance Study which explores the key threats to global maritime operations. The report, based on a survey of 114 defence professionals from within the maritime domain
Bentley Honored by Maryland State Senate, Receives First Citizen Award for "Making Government Work for All" Former U.S. Congresswoman and maritime authority Helen Delich Bentley was honored by the Maryland State Senate for her tireless efforts to promote Baltimore's port and
Intelsat S.A. announced that its subsidiary, Intelsat (Luxembourg) S.A. intends to offer $1,500,000,000 aggregate principal amount of senior notes due 2021. Intelsat Luxembourg's obligations under the notes will be guaranteed by Intelsat S.A