The U.S. Department of Transportation’s Maritime Administration has sold a ship from the Beaumont Reserve Fleet for more than $1million, the first time under the current program that a ship has brought such a price. International Shipbreaking, Ltd., in , , will pay $1,151,727 for the ship Adonis, now moored at the Beaumont Reserve Fleet site in . Three other government-owned, obsolete ships are also being sold to the company for an additional $173,297: the , the and the Buyer. These sales stand in contrast to most ship disposal contracts in recent years, which have involved the federal government paying to have its obsolete ships recycled. High worldwide prices for scrap steel have recently made such ships more valuable to recyclers, who sell the steel and other materials recovered from the ships. Two of the ships being sold, the and the Cape Canaveral, are breakbulk freighters and are located at the James River Reserve Fleet site in . The was built at the Todd Shipyard in in 1961. The Cape Canaveral was built at the Avondale Shipyard in in 1963. When these two ships depart the site for recycling, they will be the 70th and 71st vessel to do so since January of 2001. The Adonis, a liquid-bulk tanker, was built by A.G. Wesser Seeback of in 1966. The other ship being sold, the Buyer, is also in the Beaumont Reserve Fleet, and was built as a breakbulk vessel by National Steel & SB in in 1960.
U.S. Transportation Secretary visits Suisun Bay in Northern California to celebrate surpassing administration's goal for recycling. Ray LaHood, US Transportation Secretary visited Shuisun Bay for the occasion. In 2010, the Department’s Maritime Administration (MARAD) committed to removing 28 ships from the fleet by September 30, 2012. To date, MARAD has removed 36 ships, with three more vessels scheduled for removal by the end of the year.
The Senate Commerce Committee released testimony of various witnesses who spoke at the hearing conducted by the Surface Transportation and Merchant Marine Subcommittee on July 7, 2003. Maritime Administrator William G. Schubert
Naval Sea Systems Command (NAVSEA) emerged as a major force in environmental stewardship judging by its impressive showing during a recent series of environmental awards. NAVSEA and its various activities were very well represented on April 30 and May 1 at a series of environmental awards presentation ceremonies on behalf of the Chief of Naval Operations (CNO), the Secretary of the Navy (SECNAV) and the Department of Defense (OSD).
By Joan M. Bondareff and Charles T. Blocksidge In 2001, Congress directed the Maritime Administration (MarAd) to dispose of all obsolete vessels in its inventory by September 30, 2006, and to do so "in the manner that provides the best value to the Government." At present, MarAd has 104 non-retention ships not under contract in three locations around the country-James River Reserve Fleet in Virginia, Beaumont Reserve Fleet in Texas, and Suisun Bay Reserve Fleet in California
ATLAS ELEKTRONIK enhance capabilities of its SeaFox Systems with EOD tool COBRA. Bremen/London, 13 September 2011 - ATLAS ELEKTRONIK has recently teamed with ECS Special Projects Ltd. to exclusively provide the EOD tool COBRA for the ATLAS SeaFox Sys-tem. The COBRA (Clip-On BX-90 Re-loadable Assembly) can be fitted to the re-usable SeaFox vehicle offering Explosive Ordnance Disposal (EOD) capability from surface to 300m
The cruise arm of Peninsula and Oriental Steam Navigation Co. continues to experience excellent trading conditions, with total capacity up 14 percent this year, company officials said. P&O officials said the cruises division was fully booked at yields consistent on a like-for-like basis with last year's high levels. The outlook for the division next year is "highly positive," with capacity seen increasing by 21 percent, booking 70 percent full for the first half, and yields again good.
Six government agencies tasked with regulating dredging activities in Long Island Sound have reached accord on a process to support the goal of reducing or eliminating open water disposal of dredged materials into the Sound while maintaining the economic viability of New York and Connecticut's working ports. The agreement ratifies the intent of three federal and three state agencies to formally administer a Regional Dredging Team to comply with the June 3, 2005, rulemaking by the U.S
The European Commission will open a formal investigation into plans by Spanish state holding company SEPI to pay $57 million (10 billion pesetas) to buy a number of shipyards as part of a restructuring plan. "On the basis of the information at its disposal the Commission doubts whether this was a genuine market transaction, but rather a capital injection that could constitute state aid," the Commission said in a statement.
Members of US Navy's Explosive Ordnance Disposal Mobile Unit (EODMU) 11 participate in a recent mine pouncing training exercise in the Indian Ocean. "Back in the day, they would jump out of a helo near a mine and attach an explosive to it," said Explosive Ordnance Disposal (EOD) Technician 2nd Class Ruben Villegas. "They would then get picked up and go on to the next one, then the next one. That's where the term mine pouncing came from." It seems nothing much has changed
FSL Trust Management Pte. Ltd. (FSLTM), as trustee-manager of First Ship Lease Trust has sold its two dry bulk vessels, MT Stella Fomalhaut and MT FSL Durban. The disposal is expected to save FSL Trust approximately $3 million (approximately S$3
SCF Group (Sovcomflot) has released its audited financial results for the year ending 31, December 2013, indicating a slip in profitability during what they describe as another challenging year for the international tanker industry. 2013 Financial Highlights
The new upgrade for Speedy Breedy enables it to test for contamination in Ballast Water in accordance with the Ballast Water Treatment Performance Standard (D2) as set out by the International Maritime Organization (IMO). According to the manufacturer
Experts on board a cargo ship transformed into a multimillion dollar chemical weapons destroyer said on Thursday they were ready to start working on Syria's stock of toxic arms in the middle of the Mediterranean as early as May. Now they just have to hope the weather holds and Damascus delivers
Built in 1945, the 141-foot steam powered tugboat was utilized by the Atchison, Topeka, and Santa Fe Railroads. Originally named the Edward J Engel, it moved railroad car barges from Oakland to San Francisco until 1969. After which she passed through several hands and eventually her name was
In line with its strategy, BOURBON achieves US$ 770 million of vessel sales in 2013. Bourbon has sold 12 additional vessels to ICBC Financial Leasing for US$ 378 million and concluded a new sale and bareboat charter agreement with Standard Chartered Bank for US$ 150 million
The Porrt of New Orleans announced the agenda for the January 2014 Board of Commissioners meeting on Wednesday, January 22. Agenda Regular Meeting No. 7 Fiscal Year 2013-2014 Wednesday, January 22, 2014, 11:00 A.M. Main Auditorium 1350 Port of New Orleans Place New Orleans, Louisiana
China COSCO Holdings Co. Ltd, the country's largest shipper, indicates a profit turnaround in 2013 after suffering heavy losses for two consecutive years, reports Xinhau. According to COSCO's earlier, 2013, financial report, the Shanghai-listed company made cutting operational costs a major
From office equipment and furniture, to single-family homes, the U.S. Government periodically auctions property it no longer needs. In doing so, it makes money from aging Federal assets that can be used to better serve the American people. So what does the Government do with a 450-ft long, 10
Greece-based container ship owners, Diana Containerships Inc. in financial results for the Fourth Quarter and Year Ended December 31, 2013 report a net loss of $19.8 million for the fourth quarter of 2013, compared to net income of $0.3 million for the respective period of 2012.
The new Wärtsilä slop water treatment system has been ordered for an ultra-deep water drill ship operating in the Gulf of Mexico, marking the first for Wärtsilä’s new system. The contract was signed in the end of 2013.
Reuters - Dubai based rig-maker Lamprell said on Monday it sold its International Inspection Services (INSPEC) division to Intertek for $66.2 million to reduce its debt and focus on its core business. Lamprell is attempting to pay down debt after a disastrous 2012 in which the company issued
By Jesse Leon Guerrero, U.S. Navy The U.S. Navy, in partnership with the U.S. Coast Guard and civilian contractors, safely removed 49 55-gallon drums filled with hazardous materials from the grounded Japanese commercial fishing vessel Daiki Maru 7 at the Spanish Steps on Naval Base Guam (NBG)
Denise Rucker Krepp, former Maritime Administration Chief Counsel who currently advocates on behalf of the U.S. domestic ship recycling industry, issued a statement at the Coast Guard Shipping Coordinating Committee Meeting March 12, 2014, in Preparation for the April 2014 Maritime Environment
To avoid significant financial losses to the port and local economy, dredging the Cuyahoga River and Cleveland Harbor must start without delay considered the Port Board at its March 2014 meeting. Accordingly they directed the Port’s management to work with U.S