As the energy profile of the U.S. continues to improve and evolve daily, fresh debate in favor of exporting oil and gas products -- which would have a significant impact on the U.S. Maritime Trade -- are gaining steam. A new report from the Government Accounting Office (GAO) will surely add fuel to the "export oil" fire now, as GAO reports that U.S. consumers could save on gasoline if the ban on crude oil exports were lifted, even if such a move creates uncertain environmental risks. Allowing more domestic fuel to reach the global energy market would probably boost the national economy and ease the U.S. trade deficit, but other implications are less clear, the GAO said. Many analysts predict that erasing the export ban would boost global fuel supplies by millions of barrels of crude oil daily and that consumers would benefit, said the report. "Removing crude oil export restrictions is likely to increase domestic crude oil prices but decrease consumer fuel prices," the report says. (Staff & Reuters)
Research and Markets has added "Ship Building & Repair (Asia)" report to their offering. The new report includes an analysis of the top 1000 companies in the field, including Daewoo Shipbuilding & Marine Engineering, Daehan Shipbuilding, Ihi Marine United. This report provides a detailed overview of the Ship Building & Repair (Asia) market and delivers a comprehensive individual analysis on the top 1000 companies
The planned changes to Australia’s shipping laws would cause a 93% loss of Australian seafaring jobs a new report says. More than nine in 10 domestic seafarers will lose their jobs if the Abbott government's plan to relax shipping regulations passes Parliament, report written by the Australia Institute suggests. Less than 100 seafarers would remain in employment out of a current workforce of 1177, according to a report written by the Australia Institute
Jeppesen has launched updated versions of its Voyage and Vessel Optimization Solution (VVOS) and FleetManager software. VVOS Version 2.3 voyage optimization product is enhanced by incorporating Emission Control Area (ECA) boundaries and adding restricted RPM zones. FleetManager Version 1.4, a shoreside fleet management product, also features improved performance analysis and reporting tools. Jeppesen FleetManager 1
New report covers market trends to 2019 for global offshore support vessel (anchor handling, towing and supply vessel, platform supply vessel, multipurpose service vessel, crew vessels, standby and rescue vessels, others) The global offshore support vessel market is expected to grow owing to the need to satisfy rising marine logistics demand. The lucrative and high-investment areas of offshore regions such as North Sea, U
Chevron Corporation announced today that Rhonda I. Zygocki, executive vice president, Policy and Planning, has elected to retire from the company after 34 years of outstanding service effective Feb. 1, 2015. The company also said it is making new reporting assignments for several executives. "Over the course of her career, Rhonda made many significant contributions to our business and distinguished herself as one of our most versatile and proven leaders," said John Watson
Intergraph Corporation announced the newest version of its advanced IntelliShip(r) software for shipbuilding. The 6.0 version of IntelliShip provides new capabilities and enhancements in ship molded form design, manufacturing planning, structural manufacturing and drawings along with improved performance in these respective areas. The IntelliShip 6.0 release, available now, represents Intergraph's continued commitment shared with clients and
New report indicates Increased activity in the Russian Arctic requires better cooperation between Russian & Norwegian ports The report “Development of marine Russian-Norwegian trade facilities in Northern Norway” has studied the development potential for the main ports of northern Norway. The report is written by Norwegian Akvaplan Niva and the St. Petersburg company Gecon, with support from the Norwegian Barents Secretariat and Maritime Forum
The Department for Transport (DofT) must become a keener advocate for UK ports, urges the Transport Committee, in a new report looking at policy for improving road and rail access to ports. Launching the report, Louise Ellman, Chair of Transport Committee, said: “The Department has brought forward a new high-level strategy on ports, but ministers must now provide more detail about how it will be implemented to prioritise the removal of constraints to port development caused by
The emissions from Arctic shipping traffic could rise 150-600 percent by 2025, the environmental group Friends of the Earth reports. As global warming intensifies and Arctic sea ice melts, marine vessel traffic is expected to increase and amplify the levels of harmful pollution emitted into the atmosphere, a new report by the International Council on Clean Transportation says. These pollutants include carbon dioxide, nitrogen oxides, sulfur oxides, and particulate matter
The vital role that the River Thames plays in the economy, the movement of freight and the transport of passengers – and also in the wellbeing of the capital’s residents – has been made clear in two new reports launched by the Port of London Authority (PLA) this week during
The container carriers have managed to reduce their combined CO2 emissions by around one third since 2009, according to a new report. Average CO2 emissions per container per kilometer for global ocean transportation routes have declined by 8
Joined up thinking from two marine technology suppliers addresses impending legislation for Ballast Water Treatment and offers a practical solution for monitoring and recording the correct discharge of ballast water, in real-time. The International Maritime Organizations 2004 Ballast Water
A new report released today by Oil Change International and Greenpeace USA details a clear case against drilling for oil in the Arctic ocean based on climate science imperatives. The report, “Untouchable: The Climate Case Against Arctic Drilling,” shows U.S
The slowdown in China’s economy poses some risks for container shipping, according to Drewry Maritime Research. According to a new report from Drewry Shipping Consultants Ltd, the risks from a slowdown in Chinese consumption to container shipping are far smaller than for the
Recently, Pilita Clark, the Environment Correspondent at the Financial Times, wrote a very interesting article about a new report, ‘The New Climate Economy’, which I would highly recommend reading. The New Climate Economy was commissioned in 2013 by the governments of seven countries:
Published today, a new report from the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) highlights a continuing trend in South East Asia in the hijacking of small coastal tankers by maritime pirates, averaging one attack every two weeks.
According to a new report from Navigant Research, the global submarine electricity transmission market is expected to grow from $16.8 billion in 2015 to $24.8 billion in 2024. “Over the past several years, two market drivers have emerged as dominant forces shaping this market:
Transport Canada proposes changes to strengthen the safe transportation of dangerous goods; new reporting requirements will improve risk analysis and emergency response Canada’s Minister of Transport Lisa Raitt proposed new amendments to the Transportation of Dangerous Goods
Some 50% of crews working on offshore support vessels are willing to compromise safety rather than say ‘no’ to clients or senior management, while nearly 80% believe commercial pressures could influence the safety of their working practices.
The maritime passenger rights regulation entered into force on 12 December 2012. It made it possible for passengers to complain to the authorities about, for example, cancellations and delays. Until now, this has resulted in only a few complaints.
From 1 June 2015, the administrative burdens imposed on the maritime industries in Denmark and the rest of Europe will be reduced through the implementation of a new electronic reporting system. "National Single Window".
Tiny pieces of plastic or fibers, known as Micro-plastics, may act as a pathway for persistent, bio accumulating and toxic substances entering the food chain, and are increasingly being found in the oceans and may prove to be as harmful to marine life as more obvious, larger debris
Since last nationwide analysis in 2007, U.S. seaport contributions to economy up dramatically Lancaster, Pa.-based Martin Associates, a provider of economic and strategic assessments of the world’s transportation systems
From 2007 to 2014, the total economic value that U.S. coastal ports provide in terms of revenue to businesses, personal income and economic output by exporters and importers rose 43 percent to $4.6 trillion. This accounted for 26 percent of the nation's $17