Record Year

PHA Notches Record Year

In 2007, the Port of Houston Authority achieved its eighth consecutive year of record-breaking operating revenue. Year-end numbers project that the PHA increased operating revenue by $24 million, or 14 percent, over the previous year. “We could not have reached this achievement without the leadership of our dedicated port commissioners and port staff, who have remained committed to the business priorities that serve as the benchmark to the measurement of our success,” said PHA Executive Director H. Thomas Kornegay, who gave the presentation at the January 22 Port Commission meeting. The eight system-wide priority areas in which PHA achieved record-breaking success are: economic impact; premier container, cargo and cruise port; financial strength; safe and secure port; improving facilities and waterways; environmental protector, steward; strong community, industry and government relations; and a strong workplace.

Hatteland Reports Growth in Marine Computers

Hatteland Display's marine computer and panel computer business has experienced a record year of sales in 2007. The company reports a 53% increase on the 2006 sales performance of its computers division having sold 2510 units up to mid November 2007. The company expects a year end figure of 3100 units, making for a total sales growth of approx. 89%. In order to reduce lead-time and to ensure that future order levels can be met

Port Canaveral Soars to Record Year

For the first time in its history, more than 3 million multi-day cruise passengers sailed from Port Canaveral, contributing $40 million in cruise revenue during the fiscal year ending September 30, also a record as newer and larger cruise ships and 66 additional ship calls helped boost passenger totals. Cruise traffic rose 16.08 per percent with 3,100,199 passengers. Overall, Port Canaveral’s total revenues surged dramatically to nearly $57

Popular Boat: Popular Engine

On the Mississippi and throughout the U.S. inland waterways, pushboats of about 70 feet and with around 2000 hp are ubiquitous.   They can be seen in barge fleeting operations along the riverbanks for pushing one or two 30,000-barrel oil barges. In recent years, the standard power package has been a pair of Cummins’ popular KV38-M engines. These V-12-clylinder 2300-cubic-inch displacement engines have evolved over the years to take advantage of new technologies and, more recently

Port of Rotterdam Reports Increase

This year, 328 million (metric) tons of cargo was handled in the port of Rotterdam, an increase of almost 2% compared to 2002. The former record year 2000 was beaten with 6 million tons (mt). The provisional figures of the largest port of the world were presented by its CEO, Willem Scholten. "There are record for the total, chemicals, ro/ro and containers. In containers Rotterdam broke through the barrier of 7 million TEU as first port outside Asia

Port of NY/NJ Sets Cargo Records in 2004

Acting New Jersey Governor Richard J. Codey today announced that the Port of New York and New Jersey had another record year in 2004, handling more international cargo than ever and surpassing for the first time the $110 billion mark in the total value of all cargo handled. During a press conference at the APM Terminal at the Elizabeth-Port Authority Marine Terminal, Acting Governor Codey outlined plans by New Jersey and the region to address the challenges associated with future growth in

Signed Confessions

Convictions have been obtained for false entries in garbage record books and ballast water management records.  What’s Next? Some years ago, I wrote an article lamenting the fraudulent entries made in many oil record books and the increasing use of those entries as signed confessions in the prosecution of ship owners and operators and senior shipboard personnel (particularly chief engineers) for making false statements to the US Coast Guard

Period Contracts Rise

There has been a marked increase in period contracts since January 2000. Not only has period chartering activity increased, but the length of the periods has also increased and there have again been several contracts above one-year. It is also interesting to see that it is the trader VITOL that has been one of the most active time charterers with 11 contracts, of six months and above, recorded since the beginning of 2000. We have recorded 8 contracts for another trader, Alpine

Kirby Reports Record Results

Houston-based Kirby announced record net income of $22.6 million, or 85 cents per share, on record revenue of $224.9 million for the first quarter ended March 31. That compares with income of $13.3 million, or 52 cents per share, on revenue of $184.4 million for the same period last year. Kirby also declared a two-for-one stock split of its common stock. Stockholders of record on May 10 will receive one additional share of common stock for each share of common stock held on that day

Panama Canal Announces Record Tonnage

Only two months into the 2005 fiscal year, the Panama Canal Authority (ACP) is already breaking records once again. The ACP announced today that during the months of October and November, a total of 46,956,399 Panama Canal/Universal Measurement System (PC/UMS) tons were moved through the waterway - a 7.1 percent increase compared to the same period last year. Moreover, during the month of November, a daily average of 778,176 PC/UMS tons transited through the Panama Canal