Representative Daniel Webster (Fla.-10) issued the following statement after introducing new transportation legislation, H.R. 4925, the TIFIA 2.0 Act: “America’s transportation and infrastructure system is the backbone of our economy and is a critical element for growth and job creation. By prioritizing investable infrastructure, TIFIA 2.0 will improve access to affordable infrastructure financing for states and local governments, promote innovative public-private partnerships and accelerate delivery of large-scale public transportation projects and the jobs that support them. “In an era of bloated government spending, wise and calculated investments are crucial. TIFIA 2.0 provides new money to the transportation and infrastructure system that will bolster our economy and expand opportunity for growth and success without raising taxes.” The TIFIA 2.0 Act improves the Transportation Infrastructure Finance and Innovation Act (TIFIA) by transforming it into a sustainable, revolving fund that will continuously grow to meet our nation’s infrastructure needs. Focusing on funding roads, bridges, tunnels, transit and intermodal projects, TIFIA 2.0 will generate new transportation revenues and attract new investment capital. Projects that reduce risks to taxpayers and have a record of prior prompt repayment of loans are given priority consideration under this legislation.
Leading independent offshore survey company UTEC has announced the appointment of a new Vice President of Measurement Technology at its Houston HQ. Mark Klusza – who holds a Bachelor in Design in Architecture from the University of Florida – brings to the role more than 20 years of experience in the industrial measurement arena. During that time he has owned successful metrology and software companies
LIG Marine Managers released its new On Line Marine GL and Maritime Employers Liability Rating Program, Thunderstorm, designed to provide instant service and quotes for a wide variety of marine related accounts. The program is designed for marine contractors, boat repairers, stevedores, terminal operators, wharfingers and related marine industries. The Thunderstorm Rating System will be expanded to other lines over the next six months as well.
The St. Lawrence Seaway has debuted its new Traffic Management Improvement Project (TMIP). The project is a joint venture between the St. Lawrence Seaway Management Corporation on the Canadian side and the U.S.-based St. Lawrence Seaway Development Corporation. Installed at the St. Lambert, St. Catherine and Massena control centers, the system is able to monitor and schedule vessel traffic on both sides of the border
CTG ship-breakers import 42 large ships in last two months Chittagong-based ship-breakers imported 42 large-sized recyclable ships in February and March this year at a cost of US$ 45 million, according to Jasim Khan's news report in the Financial Express. Industry sources said the ships will be able to supply about one million tonnes of MS rod -- a major construction material -- against the annual national demand for four million tonnes.
The following statement has been issued by Rear Admiral John Kirby, Navy Chief of Information: "Today we provided Congress information tables from our draft 30-year shipbuilding plan. We believe the information found in these tables clearly articulates our intention to modernize and grow the fleet to our required minimum of 306 ships. We have been upfront and transparent about the need to decommission older ships, while at the same time introducing new and more capable platforms.
OSHA Safety concerns call for the use of enclosed blast cleaning. With blast cleaning rooms becoming popular, sound design and engineering precepts are priorities for any blast cleaning equipment manufacturer. BCP, a division of USF Surface Preparation Group, helped to pioneer the design and manufacture of advanced airblast systems for more than half a century. The company has just completed a 12-page product guide that highlights a wide range of custom designed BCP airblast rooms and
JENSEN Marine Introduces New MSR3012 Stereo with Full iPod Controls and Charging. ASA/JENSEN Marine is pleased to introduce the new MSR3012 AM/FM/CD/USB/iPod/SiriusXM satellite ready stereo to the marine industry. This high-tech and modern looking stereo gives boaters a next level entertainment option by offering the most advanced and in-demand features on the market. The MSR3012 has been designed and engineered from the ground up to meet the needs of the marine industry
Kadey-Krogen Yachts introduce new ergonomically enhanced 44-ft luxury trawler yacht - the Krogen 44 AE Kadey-Krogen Yachts have brought out the Krogen 44 AE, a new model in the company's Advanced Ergonomics series. Building on the success of the Krogen 48 AE, which was introduced last year, the Krogen 44 AE is highlighted by a new galley layout and an even more generously sized flybridge. The new Krogen 44 AE is the result of a collaborative effort among owners
MAN Diesel & Turbo introduces new small-bore two-stroke, updates designs of ME-B & G series engines. MAN Diesel & Turbo’s updated engine programme features several, positive changes to its two-stroke marine segment. The most significant of these is to the ME-B and G portfolios that are increasingly finding favour in the coastal & river segment in major markets such as China, Japan and Russia, and in container traffic, respectively.
The builder of luxury yachts Grand Banks Yachts swung to a net profit of $1.2 million for the first quarter ended Sept 30 compared to a net loss of $1.3 million for the year-ago period. Following restructuring efforts after a major acquisition, gross profit margin increased to 24
The annual Tripartite meeting between shipowners, shipbuilders and classification societies was held in Seoul, Republic of Korea on 16 and 17 October 2015. The meeting was attended by 100 high level representatives of the industry, including chairmen and executives of the Round Table
Container shipper Maersk Line has introduced two new services for its Far East/Southeast India network: the Chennai Express (CHX) and the Chennai Express 2 (CHX2). From January 2016, the shipper will introduce two new services, a vessel sharing agreement on the Chennai Express (CHX) and
As part of the Government’s drive to encourage voluntary compliance with the tax rules, it will legislate to introduce a new requirement that large businesses publish their tax strategies as they relate to or affect UK taxation, as well as a special measures regime to tackle businesses
Deltamarin launched its new ro-pax vessel DeltaChallenger concept during the Nor-Shipping 2015 exhibition in Oslo. The design incorporates the latest technologies available, many of which are not yet used on any other ro-pax vessel, Deltamarin said.
The advent of broadband at sea continues to expand, as German cruis brand AIDA introduces a flat-fee for social media networks onboard its ships. AIDA Cruises is introducing an Internet flat fee for social media networks on board its ships
Kestrel Liner Agencies, a pre-eminent ocean freight provider serving the Caribbean, has started offering capacity on the Haven Platform. Haven, the private marketplace for buying and selling ocean freight capacity. The new partnership offers shippers a growing selection of port pairs.
Tideland Signal Corporation (Tideland) introduced a number of new innovative aids to navigation (AtoN) products at Seawork 2015, including SB-1800, the newest member to our popular high performance and low maintenance polyethylene buoy product line and our new SolaMax range of self-contained
Satellite services provider Intelsat S.A. has reported total revenue of $598.1 million and net income attributable to Intelsat S.A. of $60.2 million, or $0.47 per common share on a diluted basis, for the three months ended June 30, 2015. The company reported adjusted net income per diluted common
New study finds shifting winds and ocean currents helped double endangered Galapagos Penguin population Shifts in trade winds and ocean currents powered a resurgence of endangered Galapagos Penguins over the past 30 years, according to a new study led by researchers at the Woods Hole
Suited for a range of recreational boaters and commercial vessels across the world, the new AISLink CB1 Class B transceiver is introduced by survival gear specialist ACR Electronics, a Drew Marine Company. ACR’s easy-to-use and reliable Class B Automatic Identification System (AIS)
Volvo Penta today unveiled its new family of next-generation 5.3L V8 gasoline engines for the marine sterndrive market in a press preview at the company’s Test Center in Suffolk, Va. “Volvo Penta has a rich history of innovation in marine propulsion
Many pieces of rotating equipment are operating below optimum capacity, affecting production costs, revenues and resulting in unexpected down time. DNV GL has been working together with operators to help unlock the potential of their existing rotating equipment.
Kohler Power Systems, manufacturer of diesel and gasoline marine generators for a range of pleasure and commercial craft applications, is introducing new 175 kW (50 Hz) and 200 kW (60 Hz) models to its growing lineup of EPA Marine Tier 3-compliant diesel generators.
One of the first commercial applications of MAN Diesel & Turbo’s new MAN Alpha Kappel FP propeller took place off the coast of China recently when the vessel Elsabeth C, a 58,500-dwt Supramax bulk carrier owned by Frontmarine Co. Ltd – an affiliated and managed company of