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Bottom Line News

11 Apr 2024

Insights: Jennifer Carpenter, President & CEO, American Waterways Operators

Jennifer Carpenter, President & CEO, American Waterways Operators (Photo: AWO)

Jennifer Carpenter joined The American Waterways Operators (AWO), the national trade association representing the inland and coastal tugboat, towboat and barge industry, in August 1990 and became its president and CEO in January 2020. She highlights some of the greatest focus areas for the 80-year-old trade group—simultaneously looking at both the present day and the road ahead.The towboat, tug and barge industry is in a period of rapid evolution. How is AWO—now in its 80th year…

05 Mar 2024

Vuyk Engineering Rotterdam: Three Years of Independence

Source: Vuyk Engineering

Three years ago in March, Vuyk Engineering Rotterdam gained full independence, and since then, the company has taken strategic steps to chart its own course and strengthen its independent position within the maritime sector.After the closure of the Vuyk shipyard in Capelle aan den IJssel in 1979, marking the end of all shipbuilding activities, former employees established a new company: Vuyk Engineering and Trading. Founded on the principles of technical know-how combined with experience in cost calculation…

28 Feb 2024

ABL on Tow Job for Mero 3 FPSO’s Voyage to Brazil

(Credit: ABL Group)

Energy and marine consultancy ABL Group has secured a contract by POSH Projects to act as tow master to support and supervise the towage of the Mero 3 FPSO from Yantai in China to Brazilian waters.As part of its scope of work, ABL’s operations in Singapore will provide a tow master to act as client representative throughout the 12,108 nautical mile towage.The tow master will supervise and ensure that all marine operations for the sail away from Yantai CIMC Raffles Shipyard are carried out in-line with approved recommendations and procedural documentation.

26 Feb 2024

Many Different Vessels but One Goal – Passenger Safety

© Olivier / Adobe Stock

Because there are so many different kinds of passenger vessels, the critical topic of passenger safety can sometimes appear as a set of niche topics, each one just distantly connected to another. After all, passengers aboard a cruise ship in the Caribbean face safety issues that are much different than a commuter going from Jersey City to Manhattan or a tourist crossing from the Mukilteo, Wash. ferry terminal to Whidbey Island or a family on a fishing vessel in Miami.Importantly, though, for passenger vessel operators, a commitment to safety is not siloed.

21 Nov 2023

Meet the CIO: Erika Graziuso, Crowley

Photo credit Rick Wilson/Courtesy Crowley

Erika Graziuso, Chief Information Officer, Crowley, brings a breadth and depth of non-maritime experience to bear in her quest to drive Crowley’s digital transformation in the name of decarbonization, holistic transportation efficiency and crew attraction and retention.Emulating best practices from industries outside of maritime has been a mantra in boardrooms and conferences for decades, as traditional maritime mindset has, at times, been seen as an impediment to achieving next-level efficiency.Enter Erika Graziuso…

06 Nov 2023

Navigating Sustainability: Charting a Way Forward

© Aaron Kohr / Adobe Stock

You can feel it in the air, and increasingly on the water: a steady increase in momentum toward a global economy that prioritizes sustainability. Government stakeholders at all levels, and shipping customers across industries, are setting ambitious goals and high expectations for environmental performance, and that includes the transportation of U.S. and global commerce on the waterways.For the tugboat, towboat and barge industry, which moves nearly 700 million tons of cargo on America’s rivers, coastal waters and Great Lakes annually, it’s both an exciting and challenging time.

26 Oct 2023

Israel to Pay Compensation for Ships Damaged in Gaza War

© maratr / Adobe Stock

Israel will provide compensation for ships that are damaged due to the war in Gaza and the government is taking steps to minimise risks for vessels using the country's ports, government advisories said.Israel has vowed to annihilate the Hamas Islamist group after its fighters stormed through Israeli towns from Gaza on Oct. 7, killing 1,400 people and seizing more than 220 hostages in the worst attack on civilians in Israel's history.The country relies on its seaports for its trade…

23 Oct 2023

Container Shippers in Store for Stormy 2024 - Xeneta

© TIMDAVIDCOLLECTION / Adobe Stock

Supply chains around the world could be at serious risk amid expected increases in the cost of ocean freight shipping during 2024.Oslo-based Xeneta has carried out in-depth analysis of the latest ocean freight rates and branded the current market as unsustainable.Xeneta CEO Patrik Berglund said: “The cost of moving goods by sea has plummeted during 2023 by almost 60% for long term contracts on a global level and some corridors, such as the Transatlantic into US East Coast and Far East to Europe…

19 Oct 2023

Lies, Damn Lies, and Inextinguishable Lore – EV Fires

Copyright structuresxx/AdobeStock

A few weeks ago I was talking to some professional fire fighters and was regaled with EV fire fighting disasters. They told me that EV caught fire all the time, that EV fires were much more dangerous than gasoline fires, and that fire trucks could not carry enough water to put out an EV fire. When I asked if they had fought any EV fires, they told me their information came from reliable sources and then asked me if I would park my Chevy Bolt in my garage. They focused on my Chevy Bolt, since it is widely regarded as a fire hazard.

19 Sep 2023

Concordia Damen Converts Inland Shipping Vessel into TSHD

Source: Concordia Damen

Concordia Damen recently delivered a special project that involved the conversion of a Dutch barge into a Nigerian dredger. The trailing suction hopper dredger (TSHD) Sayonara has now arrived and is at work on the Lagos Lagoon.Three years ago, the Werkendam shipyard came into contact with a Nigerian dredging company via Damen Shipyards Gorinchem. This eventually led to the start of the complex conversion project in December 2021. After extensive testing to ensure that the vessel…

15 Aug 2023

Matson Adjusts Its Sailing Schedule to Increase Whale Safety

© David Johnson / Adobe Stock

U.S.-based Pacific shipping company Matson announced it has adjusted its sailing routes to help reduce the risk of whale strikes off the coast of California.Shipping channels into and out of San Francisco Bay and the Los Angeles/Long Beach port complex transit federally protected national marine sanctuaries. These sanctuaries –Monterey Bay, Greater Farallones, and Cordell Bank national marine sanctuaries–are destination feeding areas for threatened and endangered humpback and blue whales from late spring through the fall.In 2015…

10 Aug 2023

Malaysia Concerned About Disease in Australian Cattle

Source: DAFF Australia

Malaysia has paused the import of all live cattle and buffalo from Australia citing concern about lumpy skin disease (LSD).The move follows a decision last month by Indonesia to halt live cattle imports from four locations in Australia after 13 cattle were found to have the disease.Australia’s Chief Veterinary Officer Mark Schipp has released a statement saying that Australia is urgently engaging with its Malaysian counterparts to advise that LSD is not present in Australia.“I have made representations to my Malaysian counterpart…

18 Jul 2023

U.S. Navy Shipbuilders & Disaggregated, Dispersed Production

The Los Angeles-class fast-attack submarine, USS Columbia (SSN 771) moors alongside the submarine tender USS Emory S. Land (AS 39) in Apra Harbor, Naval Base Guam, Jan. 4.  (U.S. Navy photo by Mass Communication Specialist 1st Class Joshua M. Tolbert)

With a lame-duck CNO, a divided Congress and the impending launch of the next Presidential election cycle, America’s naval market is locked into something of a fragile and fearful autopilot, cruising inexorably towards whatever excitement 2024 might bring.Materially, don’t expect much change: The demand for naval platforms will continue to outstrip available funding, meaning there will be little movement or growth in America’s major shipbuilding programs of record. The procurement outlines are already set.

16 Jun 2023

Dealing with the Whale in the Bight

Image courtesy Abby van Hemmen

This is going to be about whales, but it will actually be an engineering discussion rather than a nature discussion. Let’s start with an easy truth. Whale deaths due to offshore wind activities is utter nonsense. It has no basis in fact, and is a total fabrication by truly malicious characters.There, now let’s get into more interesting stuff. Whale deaths caused by humans is a complex issue that will never be solved completely, but, with careful adjustments, can be reduced. There is a possibility that occasionally there are whale COVID style epidemics that cause unusual levels of mortality…

11 May 2023

Fincantieri Must Reach 3% Profit Margin 'to make economic sense' - CEO

©Federico/AdobeStock

Loss-making Italian shipbuilder Fincantieri must reach a 3% net profit margin "to make economic and industrial sense," its chief executive said on Wednesday, without setting a date for the goal. "That's where we want to be when our work is done," Pierroberto Folgiero told reporters following a meeting with investors in Milan after taking on the role a year ago. "To 'future-proof' Fincantieri ... we need a green and digitalized business model ... and a 3% margin for the bottom line," he added.

27 Feb 2023

Uncrewed Ships Set to Bring Diversity Boost

(Image: Icean Infinity)

The maritime industry’s movement toward remote vessel operations will not only build a more diverse workforce, it will benefit from it, argues marine robotics company Ocean Infinity.Greater workforce diversity, whether it be considered along lines of ethnicity, gender identity, sexuality, age, socioeconomic status, neurotype, physical ability or any other parameter, has shifted over the course of the last decade from a ‘nice to have’ to a fundamental value. The modern view of society that the thought leaders at Ocean Infinity subscribe to, is often characterized as ‘intersectionality’.

13 Feb 2023

Passenger Vessels: Rising to the Challenge

© sheilaf2002 / Adobe Stock

Interferry CEO Mike Corrigan explains the driving forces behind the global trade association’s imperative to keep its foot on the gas.Interferry and its members scaled some demanding peaks in 2022 but, to state the obvious, our work is never done. Facing an equally busy schedule of challenges and opportunities in the year ahead, we need to keep climbing – a truism that has been memorably expressed as ‘the top of one mountain is always the bottom of another’.Our 46th annual conference in Seattle last October was definitely one of the peaks…

25 Jan 2023

Onshore Funding for US Offshore Wind

© Ian Dyball / Adobe Stock

Most of the media coverage of offshore wind development in the United States focuses on the leases of the offshore areas where the wind turbines will be located. However, equally important is the landside dimension of these projects, including the manufacture, installation, maintenance and operation of the turbines. Several awards made in the last two rounds of funding under the Port Infrastructure Development Program (PIDP) show how offshore wind now offers an additional direction of port development for which funding is available.

06 Jan 2023

What’s Next for Eastern Shipbuilding?

(Credit: Eastern Shipbuilding Group)

When Hurricane Michael slammed the Florida Panhandle in October 2018, the deadly category 5 storm inflicted billions in damages to the region, tearing apart homes and businesses in its path. Among those severely impacted was Eastern Shipbuilding Group, which suffered a nearly direct hit at its Allanton shipyard, located about 15 miles east of the company’s headquarters and main yard in Panama City.Eastern, which had been scheduled to begin building the first of up to 11 Heritage-class Offshore Patrol Cutters (OPC) for the U.S.

08 Dec 2022

New Zealand Navy Idles Ships as Labor Crisis Hits

(Photo: New Zealand Defence Force)

Three of New Zealand’s nine naval ships are sitting idle in port as higher civilian salaries lure personnel out of the military, the country’s Defence Force said on Wednesday, even as tensions in the Pacific rise between China and the U.S. and its allies.The HMNZS Wellington, an offshore patrol vessel, headed back to New Zealand early from what was meant to be a three-month deployment in the Pacific and was taken out of operation in November because of shortages, the New Zealand Defence Force said.The Wellington is the third ship to be put into “care and custody”…

11 Nov 2022

US Inland Waterways: Looking for Rainmakers

(Photo: Ingram Barge Company)

As 2022 moves into its final months, low water levels and drought form the basis of the news impacting inland waterways operators and barge companies. In the first week of October, numerous barges were reported grounded in the Mississippi River, particularly south of Baton Rouge. This has consequences: barge rates jumped 218% in St. Louis, compared to 2021.Low water was so severe that on October 7 Ingram Barge CEO John Roberts issued a force majeure notice (force majeure - unforeseeable…

04 Aug 2022

Alfa Laval Acquires BunkerMetric

(Image: BunkerMetric)

Alfa Laval has signed an agreement to acquire BunkerMetric, a Scandinavian software company that develops advanced decision support tools for the marine bunker segment. The company will be merged into weather intelligence software and decision support services frim StormGeo, now part of Alfa Laval.Headquartered in Denmark, BunkerMetric helps ship operators and bunker procurement departments find the best bunker procurement plan and improve voyage margins. Using sophisticated algorithms…

24 Jun 2022

MAN Helps BW LPG Complete Dual-fuel Carrier Retrofits

BW Malacca - Credit: MAN

Oslo-listed LPG vessel operator BW LPG has converted the main engine of the ‘BW Malacca’ vessel to dual-fuel running. The last such conversion for a series of 15 LPG carriers, the ship’s MAN B&W 6G60ME-C9.2 type engine was retrofitted to an MAN B&W 6G60ME-C9.5-LGIP dual-fuel type capable of operating on fuel oil and LPG.The work was carried out at Yiu Lian Dockyards in Shenzhen, China in conjunction with the vessel’s scheduled, five-year docking and under the supervision of MAN PrimeServ, MAN Energy Solutions’ after-sales division.