Marine Link
Friday, April 26, 2024
SUBSCRIBE

Fabricated Metal Products News

10 Apr 2018

By the Numbers: Barge Transportation Market

© Tak Inaba / Adobe Stock

Barge transportation comprises an extensive network, ideal for carrying seaborne cargo to inland destinations and exports alike. Responsible, in part, for the worldwide trade of bulk transport, the industry is of great significance to the agricultural sector. In North America, The Army Corps of Engineers maintains and operates over 12,000 miles of canals, rivers, and inland waterways. The Illinois Waterway and Mississippi River are the major waterways in the region that are responsible for moving agricultural and farm products through barges.

12 Nov 2013

Shallow Federal Policies Produce Even Shallower AIWW Drafts

The Atlantic Intracoastal Waterway awaits the chance to rescue the crowded eastern seaboard with a readymade alternative to the parking lot known simply as I-95. The Atlantic Intracoastal Waterway (AIWW) extends 1,200 miles from Norfolk, Va. to Key West, Fla.. That much is common knowledge. What you may not know is that the U.S. Congress authorized the creation of the AIWW in 1919 and the entire waterway was completed in 1940. Consisting of natural inlets, salt-water rivers, bays, and sounds; others are manmade canals, the canal is included on the National Register of Historic Places and is designated a National Civil Engineering Landmark.

22 Aug 2012

Redundant Spanish Shipyard Workers May Get EU Cash

The European Commission propose to grant €2-million from the European Globalisation Adjustment Fund (EGF) to help 450 redundant workers in the shipbuilding ancillary industry in Galicia get back into employment. The funds, requested by the Spanish authorities, would help former workers from 35 small and medium sized enterprises. The proposal now goes to the European Parliament and the EU's Council of Ministers for approval. EU Commissioner for Employment, Social Affairs and Inclusion László Andor commented: "The crisis has transformed the shipbuilding sector and much of the industry is moving to low-cost areas, particularly in Asia.

22 May 2009

Guilty Plea, Conspiring to Defraud U.S. Navy

A U.S. Navy subcontractor from Virginia has pleaded guilty to conspiring to defraud the Navy in connection with contracts for fabricated metal to be used for the repair and maintenance of elevator equipment on Navy aircraft carriers and support vessels, the Department of Justice announced. The charge is the first to arise out of the Department's ongoing antitrust investigation into the sales of fabricated metal products and other materials to the U.S. Navy. Todd M. Mosiman, a resident of Virginia Beach, Va., pleaded guilty in U.S. District Court in Norfolk, Va., to conspiring with another individual to steer more than $167,000 in contracts to Mosiman's now-defunct Chesapeake-based company from at least June 2004 to at least March 2005.