Matson Christens First Aloha Class Vessel 'Daniel K. Inouye'
Largest Containership Built in U.S. Will Serve Hawaii. Matson, a U.S. flag carrier in the Pacific, and Philly Shipyard, Inc. (PSI), the wholly-owned U.S. subsidiary of Philly Shipyard ASA (Oslo: PHLY) christened the largest containership ever built in the United States in a ceremony at the Philly Shipyard on Saturday, June 30. The new vessel is named 'Daniel K. Inouye' in honor of Hawaii's late senior U.S. Senator, who was a longstanding supporter of the U.S. maritime industry and its important role in supporting Hawaii's economy. It is the first of two new ships being built for Honolulu-based Matson by Philly Shipyard at a total cost of approximately $418 million for the pair, and the first of four new vessels that Matson will put into its Hawaii service during the next two years.
Nationwide Survey Shows Need for Critical Infrastructure Investments
Majority Say U.S. National Association of Manufacturers (NAM) President and CEO Jay Timmons joined today with Building America’s Future (BAF) Co-Chair and former Pennsylvania Gov. Ed Rendell to unveil a new survey that highlights manufacturers’ concerns about America’s roads and bridges, transit and aviation systems and ports. According to the survey of more than 400 manufacturers, a majority believe American infrastructure is in fair or poor shape, while roads in particular are getting worse. There is strong agreement among participants that U.S.
Rochford Lauds Decision to Move Ahead on Channel Deepening Project
Governors Ed Rendell and Jon Corzine are to be commended for reaching an agreement to move forward on the Delaware River Main Channel (45-ft.) Deepening Project. This accomplishment is expected to propel regional port development and allow all Delaware River port facilities to competitively attract the emerging class of larger cargo vessels. Because of growing congestion problems experienced by West Coast ports, the reality today is that ocean carriers operating in the trans-pacific route are diverting larger cargo vessels through the Suez Canal to East Coast ports. The proposed Philadelphia Regional Port Authority Southport Project…
Philadelphia Port Development Plan
A plan is underway to develop the Port of Philadelphia into a major best-in-class East Coast container facility with the potential of employing some 175,000 people and handling more than 3.5 million containers annually. Two major American terminal operators and an investment firm have already expressed interest in developing and operating container handling facilities under the new port development plan. However, the entire development is being jeopardized by the proposed relocation of a 1,100-employee Food Distribution Center (FDC) on prime waterfront real estate. Maritime and port interests are lobbying politicians and the Philadelphia Regional Port Authority to relocate the FDC away from the area.
