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
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
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
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
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
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
A new report maps the regulations and industry standards applicable to maritime operations in the offshore wind sector of Denmark, the U.K., Germany and the Netherlands. The report, which was drawn p by DNV GL for the Danish Maritime Authority (DMA), focuses on the need to harmonize the regulations of the offshore wind industry. Harmonized regulations in the maritime area could contribute to the competitiveness of shipowners and eliminate any unnecessary administrative burdens.
The Bureau of Ocean Energy Management (BOEM) and the National Oceanic and Atmospheric Administration's (NOAA) National Centers for Coastal Ocean Science (NCCOS) have released a new report and interactive map and data sets that highlight what is known about the marine environment of the main
Container shipping lines are in danger of putting future port investment at risk in their demands for terminal handling cost reductions, according to the recently launched Ports and Terminals Insight report published by global shipping consultancy Drewry.
More scientific research needs to be done to understand and assess the environmental impacts of wastes from mining operations which have been disposed into the marine environment, a new report shows. The Joint Group of Experts on the Scientific Aspects of Marine Environmental
The marine propulsion engine market was valued at $9 billion in 2015 and is projected to reach $12 billion by 2022, growing at a CAGR of 4.1 percent from 2016 to 2022, according to a new report published by Allied Market Research. Diesel propulsion system segment is expected to maintain its
At the annual Seatrade Cruise Global 2016 conference in Ft. Lauderdale, Florida, classification society DNV GL introduced a new form of reporting that revolutionizes survey reporting for fleet managers. The newly structured report defines safety barriers and trends
The shipping industry saw its safest year in a decade in 2015, according to a new report from Allianz Global Corporate & Specialty (AGCS), though 85 total losses reported worldwide last year, down from 88 in 2014 and well below the 10-year average of 123.
RMS has published a new report examining the current state of cargo modeling in the marine market, and providing a new cargo-specific approach to the assessment of vulnerability and port accumulation. The report “Marine Cargo Catastrophe Modeling: Navigating the Challenges
There exist serious flaws in U.S. infrastructure funding practices that hinder the maintenance and improvement of American ports and harbors, according to a new report, “Harbor Maintenance Trust Fund: Broken or Misused?” released by the Alliance for Innovation and Infrastructure (Aii)
Risk Intelligence launches new service providing overview of operational and regulatory risks of privately contracted maritime security in West Africa Maritime operations in West Africa are affected by threats from piracy and other maritime crime
The Global Wind Energy Council (GWEC) launched a new report: “Supply Chain, Port Infrastructure and Logistics Study” for offshore wind development in the states of Gujarat and Tamil Nadu in India. This study is a significant step forward in preparing a roadmap for
Piracy and armed robbery at sea has fallen to its lowest levels since 1995, despite a surge in kidnappings off West Africa, according to a new report from the International Chamber of Commerce’s International Maritime Bureau (IMB). IMB’s global piracy report shows 98 incidents in
Piracy and armed robbery at sea has fallen to its lowest levels since 1995, despite a surge in kidnappings off West Africa, according to a new report from the International Chamber of Commerce’s International Maritime Bureau (IMB).
A new report published by the U.S. Army Corps of Engineers in partnership with the Port of Seattle outlines a plan that would make the port one of the deepest harbors in North America. Within the Seattle Harbor Navigation Improvement Project Draft Feasibility Report and Environmental
BIMCO has today published the next in its series of reports looking at the “road to recovery” for dry bulk shipping beyond the current market difficulties. The foundation for the new report follows the conclusion of BIMCO’s previous analysis – that due to the severity of
BIMCO has published the next in its series of reports looking at the “road to recovery” for dry bulk shipping beyond the current market difficulties. The foundation for the new report follows the conclusion of BIMCO’s previous analysis – that due to the