Allegretti Addresses API Tanker Conference

By Eric Haun
Thursday, June 26, 2014
AWO President & CEO Tom Allegretti

States Domestic Maritime’s Commitment to Meeting Transportation Needs of Changing Energy Economy

Appearing before the American Petroleum Institute’s Tanker Conference in Austin, AWO President & CEO Tom Allegretti affirmatively stated that the domestic maritime industry is fully committed to serving its customers and the country as the nation’s energy economy grows, highlighting the significant investment American marine transportation companies have made and are continuing to make in state-of-the-art vessels to meet near-term and long-term transportation needs. Allegretti spoke at the conference on behalf of both AWO and the American Maritime Partnership.

“The transformation of the U.S. energy market has been nothing short of revolutionary,” Allegretti stated, noting that petroleum accounts for the largest share of cargo carried on the water, with well over two billion barrels of petroleum and petroleum products moving on the nation’s waterways each year.

AWO members “have spent the past quarter-century working to establish ourselves as safety leaders, working to improve industry practices for the safety of our crews, our customers’ cargo, and the environment in which we operate,” Allegretti said. “We know that our customers and the American public expect nothing less.”

Speaking to the billions of dollars of ongoing investment by American marine transportation companies, Allegretti stated that there are more than 20 coastal tankers and articulated tug barges on the order books for delivery between 2014 and 2017. This constitutes an increase in transportation capacity of more than 25 percent. Further, he noted that U.S. inland tank barge construction is also surging, reaching an all-time high last year with 336 new inland tank barges delivered.

“The domestic maritime industry is committed to being a partner for transporting critical energy cargoes safely, securely, and efficiently, in state-of-the-art vessels crewed by world-class American mariners,” Allegretti stated. “I have no doubt that together we have the capability and the capacity to meet the demands of the emerging energy economy in a collaborative way that serves our nation well.”
 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Sea Star Line: Equipment Replacement Plan on Track

Company Receives New Refrigerated Containers and Places Order for New Genset Equipment   Sea Star Line, LLC began receiving the first of its new 100 40’ and 45’

October Imports up 9% at Port of Oakland

Containerized imports shipped through the Port of Oakland were up 9.17% in October from a year ago, the port said, citing the surge as the biggest jump in import cargo volume in six months.

Atteridge Retires from Furuno USA

After 30 years of service to Furuno USA, Inc., Jim Atteridge is retiring as President and assuming a new role, as Director and Corporate Advisor. Effective December 1,

People in the News

Atteridge Retires from Furuno USA

After 30 years of service to Furuno USA, Inc., Jim Atteridge is retiring as President and assuming a new role, as Director and Corporate Advisor. Effective December 1,

Asia Tanker, VLCC Rates Could Climb

Charterers to release 30 Middle East VLCC cargoes next week. VLCC market buoyed by upbeat Suezmax, Aframax sectors. Rates for very large crude carriers (VLCCs)

Belgian Strike to Impact Antwerp Port

A strike in parts of Belgium on Monday is expected to disrupt rail services and one of Europe's largest ports as trade unions and workers voice their anger over

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1469 sec (7 req/sec)