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Port of Boston: A Vital Economic Engine

massport logo.png

Port of Boston is Vital Economic Engine and Job Generator for Region. The Port of Boston generated $4.6 billion in 2012 and more than 50,000 jobs are supported by the port, including more than 7,000 direct jobs, according to a report released by the Massachusetts Port Authority (Massport). This economic impact and the jobs created by the working seaport help to keep Boston competitive among other U.S. East Coast ports. Operation of the maritime terminals ensures that the more cost-efficient waterborne cargo lands in Boston rather than other ports like New York/New Jersey or Baltimore, where it then must be trucked into the region, significantly adding to the traffic on the I-95 corridor. It is very likely that shoes on your feet or the fuel that warms your home in the winter came through the Port of Boston. This not only allows for items to be sold to the public at a lower cost, but the waterborne shipping of cargo also reduces the amount of truck traffic. This means that there is less traffic congestion, less roadway maintenance, fewer emissions, and that the additional money it would cost to import and export goods from a different port stays in the region. Of the 7,091 direct jobs created by maritime activity in the Port of Boston, 2,885 of these direct jobs that were created by activity at Massport facilities.


U.S. Jobs Retained On Reflagged Tankers

U.S officer and seamen jobs on six liquefied natural gas (LNG) tankers will be retained after the tankers are reflagged from the U.S. The merchant marine jobs will be guaranteed to American officers and seamen through 2004, according to two agreements announced last week. The agreements were signed by the American Maritime Officers (AMO) union, the Seafarers International Union (SIU) and PRONAV Ship Management, which manages the ships for BLNG Inc


Maritime Academy of Toledo Educates Community Leaders

TMAT Meeting

Need to Educate More People for Maritime Jobs Stressed at Meeting with Community Leaders.   Officials with the Maritime Academy of Toledo met with area community leaders Wednesday and stressed that more has to be done to call attention to job opportunities in the maritime industry, ahead of a predicted shortfall by the Bureau of Labor Statistics. Representatives from Toledo City Council; the Board of Community Relations for the City of Toledo; and the Toledo-Lucas County Port Authority


International Shipholding Returns to New Orleans

Gov. Jindal at a press conference Wednesday afternoon at the Port of New Orleans Administration Building, joined by ISH President Erik Johnsen (left of Gov. Jindal) New Orleans Mayor Mitch Landrieu (to the left of Johnsen), Port of New Orleans President and CEO Gary LaGrange (far right), Louisiana Secretary of Economic Development Stephen Moret (to the left of LaGrange) and a host of local and state elected officials.

Louisiana Governor Bobby Jindal and International Shipholding Corp. President Erik L. Johnsen announced the company will relocate its corporate headquarters from Mobile, Ala., to New Orleans, where the business was founded in 1947. Listed on the New York Stock Exchange as ISH, the company owns and operates a global fleet of waterborne cargo vessels. ISH recorded annual revenue of more than $310 million in its just concluded 2013 fiscal year


Hueneme Reports Record Cargo Year

Photo: Port of Hueneme

The Port of Hueneme’s most historic cargo year, 2013, yielded a significant economic stimulus, reporting 778 new trade related jobs, $5 million in additional taxes and an additional $90 million in Maritime related economic activity as the Port of Hueneme continues to grow as an economic engine for Ventura County and the region. Highlights of the study show that more than 315 of these newly created jobs remain local


Virginia Leads US in Shipbuilding Jobs

Alexander Manning pulls a piece of track into position at Newport News Shipbuilding under a transfer car for the submarine John Marner (SSN 785). Photo by Chris Oxley

State maritime industry supports more than 63,000 jobs; worth over $5.5 billion annually to Virginia’s economy The American Maritime Partnership (AMP) today joined with the Shipbuilders Council of America (SCA), Senator Tim Kaine (D-Va.), Congressman Rob Wittman (R-Va.) and Congressman Robert C. “Bobby” Scott (D-Va.), to highlight new data that shows Virginia ranks first among all U.S. states in shipbuilding with 63,650 jobs, far and above any other state


Cammell Laird Cuts Another 71

Struggling shipbuilder Cammell Laird Plc, which has entered into receivership, is to cut a further 71 jobs in Britain on the back of over 600 previously announced redundancies. A spokeswoman for accountancy firm PricewaterhouseCoopers (PwC), acting as receivers for the group, said that the latest job cuts had arisen after the shipbuilder completed work on existing contracts. Cammell Laird, whose main yard was established in 1824


Wärtsilä Ship Power Organizational Adjustments

The Ship Power business of Wärtsilä Corporation has finished the formal process in Finland and in some other countries, aimed at realigning its organization and resources. The negotiations were initiated at Ship Power to adjust to the substantially weakened global marine market situation.   In Finland, the co-operation negotiations, resulted in the reduction of 77 jobs. The major part of these job reductions will be implemented by internal job transfers within the company and


OMSA: New Offshore Oil & Gas Areas

OMSA released the following statement in reaction to the administration plan to unveil new offshore oil and gas areas: As the association representing the owners and operators of the offshore supply vessels that support offshore exploration, development and production, we are looking forward to the Administration following through on the President’s stated desire to increase offshore energy production -- be it from oil, gas or renewable sources.  


Florida Ranks 2nd in the US for Maritime Jobs

AMP Chairman Thomas Allegretti

Domestic Maritime Industry Worth More than $9.6 Billion to Florida Economy. Florida ranks second among all states in domestic maritime jobs, according to a new study by PricewaterhouseCoopers (PwC) for the Transportation Institute and released by the American Maritime Partnership (AMP), the voice of the U.S. domestic maritime industry. Supported by the Jones Act, which ensures vessels operating in our domestic waterways are U.S.-built, U.S.-crewed and U.S


Obama Urged to Help Resolve Port Negotiations

In a letter today to President Barack Obama, the American Association of Port Authorities (AAPA) urged the president to take the necessary steps to assign federal mediators to help resolve the ongoing contract negotiations between the International Longshore and Warehouse Union (ILWU)


NASSCO Opens New Facility for Naval Repair

General Dynamics NASSCO opened a new location yesterday in Bremerton, Wash. to support the company’s recently-awarded contract to repair and maintain U.S. Navy aircraft carriers home-ported in and visiting Bremerton and Everett, Wash.  


NASSCO Opens Bremerton Repair Facility

Dave Carver, Annetta Knight , Mayor Patty Lent, Jeff Brooks, Congressman Derek Kilmer, Kevin Terry, Robert Gelder, John Powers

General Dynamics NASSCO celebrated the grand opening of its new location in Bremerton, Wash., yesterday. The facility will support the company’s recently-awarded contract to repair and maintain U.S. Navy aircraft carriers home-ported in and visiting Bremerton and Everett, Wash.


Wrecked Bulker’s Bow Refloated, Scuttled off S.Africa

Photo: TITAN Salvage

TITAN Salvage, Crowley Maritime Corp.'s Houston-based marine salvage, emergency response and wreck removal company, has refloated and scuttled the largest section of the wrecked bulk carrier, Smart. The vessel was carrying a load of coal when it went aground in August 2013 in heavy seas in


Amin Named VP, CIO at Newport News Shipbuilding

Bharat Amin (HII photo)

Newport News Shipbuilding appoints Bharat Amin to vice president and chief information officer   Bharat Amin has been appointed vice president and chief information officer for the Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division, the company announced.  


Samref Wraps Yanbu Refinery Revamp

Saudi Aramco Mobil Refinery Company Limited

  Saudi Aramco Mobil Refinery Company Limited (SAMREF), a joint venture of Saudi Aramco and ExxonMobil, has completed construction of major desulfurization facilities, including a new hydrotreater, that dramatically cuts sulfur levels in gasoline and diesel.


CTruk Unveils Expansion Plans

Photo: CTruk

Bigger boats for offshore wind and much more as company looks to sustainable growth   CTruk held an informal launch event at its new Colne Estuary site on The Hythe, East Colchester yesterday, sharing its plans for expansion to guests and staff.  


Pacific Basin Sells Harbor Towage Business to Smit Lamnalco

Pacific Basin Shipping Limited has sold to Smit Lamnalco its entire shareholding in PB Towage Australia (PBTA), including all its harbor towage operations and 16 harbor tugs and two additional assests (one harbor tug and one barge) currently owned by other PB companies.


Canada Invests $1.8m in Tignish Harbor

Canada’s Shea announces a $1.8 million contract for Tignish Harbor; contract awarded to Gaudette's Transit Mix Ltd.   The Government of Canada has awarded a $1.8 million contract through a public tendering process to Gaudette’s Transit Mix Ltd


Aker Solutions Wins Mariner Development Deal

The work will be managed by Aker Solutions UK MMO unit through an integrated construction and completions (ICC) organization with Daewoo and Statoil.

  Aker Solutions secured a contract from Daewoo Shipbuilding and Marine Engineering to provide engineering, construction and commissioning services for the hook-up phase of the Mariner oilfield development in the UK North Sea. The agreement is worth more than GBP 120 million


Bill Secures Funding for US Warship

The United States Senate voted 56-40 to pass bill H.R. 83 which funds the federal government for the remainder of the fiscal year. The funding ensures the construction of a 12th LPD-17 amphibious ship at Ingalls shipbuilding in Pascagoula, Mississippi.  


BAE Systems to Upgrade UK Navy Torpedoes

Photo: BAE Systems

BAE Systems has been awarded a £270 million contract from the U.K.’s Ministry of Defense (MOD) to upgrade the Spearfish Heavyweight Torpedo for the Royal Navy’s submarines. Following the completion of the design phase, existing torpedoes will be upgraded by BAE Systems at its


ABB Tromsø Service Point a Boon

Tromsø Service Point

  Launching its most northerly Service Point in Tromsø, Norway, ABB Turbocharging reduces customer overhaul turn-around time from as much as one week down to a day. The launch of this Service Point on December 11, 2014 has allowed ABB Turbocharging to further meet customer


PublisherLT Available for Pre-2015 Release

Many ShipConstructor users have already realized the value of SSI's new information-sharing tool, SSI EnterprisePlatform PublisherLT. This product was launched in September 2014 with the ShipConstructor 2015 release. However, a number of clients are mid-project in an older version of


Dutch Container Terminal Signs on for Wind Power

Photo: APM Terminals

APM Terminals Signs Contract for Wind-Power Generated Electricity for Maasvlakte II Terminal   APM Terminals has signed a two-year, €5 million ($6.23 million) contract with Amsterdam-based NV Nuon Energy for the supply of environmentally-sustainable wind-generated electricity to power






 
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