New York News

21 Feb 2020

Branson: Virgin Cruise Line Will Overcome Coronavirus Fears

Photo courtesy of Virgin Voyages

British entrepreneur Richard Branson heralded his first cruise ship "Scarlet Lady" on Friday as targeting a younger generation of holidaymakers with a range of attractions that he believes will outweigh any fears around coronavirus.Despite the unfortunate timing, with passengers on one ship quarantined in Japan after hundreds caught the virus and another turned away by five countries over fears someone on board may be ill, Branson sees cruises as a growth area.In an event at Dover…

18 Feb 2020

Anatomy of a Marine Casualty Investigation

MV Argo Merchant was a Liberian-flagged oil tanker that ran aground and sank southeast of Nantucket Island, Mass., on Dec. 15, 1976, causing one of the largest marine oil spills in history. U.S. Coast Guard Archives

Blank Rome’s maritime attorneys have represented clients in some of the largest maritime casualties in the last 20 years, including the Staten Island Ferry allision with a maintenance pier in New York, the blow out and eventual loss of the Deepwater Horizon drilling rig in the Gulf of Mexico, the sinking of the El Faro during Hurricane Joaquin, and the collision between the Navy Destroyer USS John S. McCain and the tanker ALNIC MC in the Singapore Strait. These casualties have resulted in the catastrophic loss of life…

18 Feb 2020

Golden Ocean Warns on Profit, Supply Chains Due to Coronavirus

© masterskuz55 / Adobe Stock

Shipping group Golden Ocean warned on Tuesday its profit would be hit by a slowdown in demand due to the coronavirus outbreak in China, sending its shares down more than 3% in early trade.The world's second-biggest economy has seen business activity curtailed in recent weeks as it battles to combat the spread of the virus, pushing down shipping rates for commodities such as coal and iron ore used in Chinese factories."The market is currently presenting a challenging scenario that will impact our results in the near term…

14 Feb 2020

Coast Guard Orders Bouchard Assets to be Tied Up

© kasto / Adobe Stock

The U.S. Coast Guard has ordered three of Bouchard Transportation Company's tug and fuel barge units currently anchored in New York Harbor to be moved out of anchorage and moored at a safe berth until additional safety inspections determine they are fit to return to service.The order from the U.S. Coast Guard Captain of the Port of New York and New Jersey is the result of recent safety checks determining that the vessel's present operational condition poses a risk to the safety of local waterways.

13 Feb 2020

Oil Prices Climb on Hopes of Deeper OPEC+ Production Cuts

AdobeStock_45230 / Adobe Stock

Oil prices edged higher on Thursday as investors focused on the possibility of deeper supply cuts from the world's biggest producers, whilst largely shrugging off reports which cut demand forecasts after the coronavirus outbreak in China, the biggest oil importer.Brent crude was up 32 cents, or 0.6%, at $56.11 a barrel by 10:52 a.m. ET (1552 GMT), while U.S. West Texas Intermediate (WTI) was up 14 cents at $51.31 a barrel.The energy complex was led higher by U.S. gasoline futures…

12 Feb 2020

Rand Logistics to Buy American Steamship Company

© Daniel Novak / MarineTraffic.com

New Jersey-based Rand Logistics announced it has entered into a stock purchase agreement to acquire rival Great Lakes shipping company American Steamship Company (ASC) from Chicago-based GATX Corporation for $260 million.Headquartered in upstate New York, ASC operates the Lakes' largest U.S.-flagged fleet, annually transporting more than 27 million tons of dry bulk commodities such as iron ore, coal and limestone on vessels ranging in size from 634 feet to over 1,000 feet. ASC reported segment profit of $46.1 million for 2019 (including a one-time gain of $10.5 million)…

11 Feb 2020

Vessel Inspections: It's All About Safety

USCG marine inspectors at Marine Safety Unit Portland inspect a tug in Portland, Ore. (U.S. Coast Guard photo by Paige Hause)

With the announcements that New York Waterway, a ferry operator running 32 boats around New York and New Jersey waters, had been largely shut down by the U.S. Coast Guard just prior to Thanksgiving, 2019, the reactions ranged from surprise to outright shock. There was also a great deal of grumbling, as commuters, the major customer group, endured delays on New York Waterway’s extensive network across the Hudson River, bringing New Jersey commuters into New York’s business districts.So, what happened?

11 Feb 2020

Offshore Wind: Half Empty or Half Full?

© faithie/AdobeStock

As a new decade starts, offshore wind development continues to progress. Actually, it’s probably more accurate to write that the development of the development of offshore wind (OFW) continues to, uh, well, develop.Apologies for that mild sarcasm. But even a quick look-back at OFW always raises the same familiar question: is the glass half empty or half full?Consider developments in the east coast leader in offshore wind: New York.In a webinar in December New York’s NYSERDA –…

06 Feb 2020

4 Major Lines Jointly Launches EMA Services

Image: Ocean Network Express (ONE)

Chinese state-owned shipping company COSCO Shipping Lines, Hong Kong container shipping company Orient Overseas Container Line (OOCL), Japanese/Singapore container shipping company Ocean Network Express (ONE) and Taiwanese ocean shipping company Yang Ming Marine Transport Corporation are to launch a new weekly Transatlantic service, East Mediterranean - America Service (EMA).The first commencing voyage is scheduled to operate on April, 2020, subject to Federal Maritime Commission (FMC) filing.The EMA service, jointly operated by the four lines, will consist of six Panamax vessels.

04 Feb 2020

Vessel Safety: US House Subcommittee Seeks Faster Implementation

The diving boat Conception burns off the coast of Santa Cruz island on September 2, 2019. (Photo released by the Santa Barbara Sheriff's Office)

In November the U.S. House of Representatives’ Transportation & Infrastructure Committee, Coast Guard and Maritime Transportation Subcommittee held a hearing on “Commercial and Passenger Vessel Safety: Challenges and Opportunities.” Testimony covered a range of issues, from recent tragedies such as the Conception dive-boat disaster to antiquated maritime laws.Hearing witness list:Rear Admiral Richard V. Timme, Assistant Commandant for Prevention Policy, United States Coast GuardThe Honorable Richard Balzano…

03 Feb 2020

International Seaways Signs Refi Deal

Image by International Seaways, Inc.

New York-headquartered product tanker company International Seaways has closed on senior secured credit facilities worth a total of USD 390 million.The crude oil and petroleum product tanker company said that the facilities consists of a 5-year USD 300 million senior secured term loan facility, a 5-year USD 40 million revolving credit facility, of which USD 20 million has been drawn, and a 2.5-year USD 50 million senior secured term loan credit facility.The NYSE-listed ship owner…

30 Jan 2020

An Ever-vigilant Focus on Passenger Vessel Safety

© Eugene Kalenkovich / Adobe Stock

When I came into office as the Passenger Vessel Association’s President for 2019 last January, I announced two strategic goals for our industry: to enhance safety and foster the professional growth of our next generation of leaders. I am proud to announce we have undertaken major initiatives and made progress on each. These goals match my lifelong professional commitment to safety as well as aligning with PVA’s true north: a responsibility to be ever vigilant and proactive in addressing safety.I have been a longtime member of PVA and served in its leadership for years.

30 Jan 2020

Genco Scrubber Refits Completed

(Photo: Genco Shipping & Trading Limited)

Bulk carrier owner Genco Shipping & Trading said it has completed a refit program that saw scrubbers installed on board its 17 Capesize vessels as part of the New York-listed owner's plan to comply with new International Maritime Organization (IMO) regulations that limit sulfur emissions from vessels to 0.5% down from 3.5%.John C. Wobensmith, Genco Chief Executive Officer, said the scrubber refit program was the busiest drydocking period in company history.“The completion of this…

28 Jan 2020

Profiles in Training: Staten Island Ferries

James C. DeSimone, Deputy Commissioner, Ferry Division, New York City Department of Transportation. Photo: Greg Trauthwein

When James C. DeSimone, Deputy Commissioner, Ferry Division, New York City Department of Transportation, signed on to run the Staten Island Ferries in 2003, the organization was still in the aftermath of one of the most significant accidents in its history: the ferry Andrew J. Barberi allision of October 2003, an accident which included a number of fatalities and serious injuries. DeSimone, who had long-tenures in both the commercial and public end of the marine business, brought a unique perspective to the organization.“For the city to go outside the system to hire (me) was huge…

27 Jan 2020

Delta 'T' Equips Governors Island Ferry

(Photo: Delta "T" Systems)

Governors 1, a 400-passenger ferry built by Blount Boats delivered in 2019, provides service between Lower Manhattan and Governors Island, a park-like respite .5 nm away from the bustle of New York City.The 132' x 40' Governors 1 has dual 800 hp engines, so maintaining optimal air pressure and temperature is critical for peak performance and efficiency. Adequate airflow is also essential for crew comfort and safety.Specified by naval architecture and marine engineering services firm Glosten…

26 Jan 2020

Alfa Laval Joins 'Getting to Zero Coalition'

Image: Alfa Laval

Sweden's Alfa Laval has joined the Getting to Zero Coalition, a coordinated effort to fight climate change by introducing zero-emission vessels by the year 2030.Alfa Laval is committed to reaching this vital goal, which is key to decarbonizing the global shipping industry and reaching the International Maritime Organization (IMO) target of cutting vessel-related greenhouse gas emissions by at least 50% by 2050.The ‘Getting to Zero Coalition’ was announced on September 23, 2019…

23 Jan 2020

Nestlehutt tapped to lead SCI

Photo: Seamen’s Church Institute of New York & New Jersey (SCI)

The Seamen’s Church Institute of New York & New Jersey (SCI) selected Rev. Mark S. Nestlehutt as its new President & Executive Director, succeeding the Rev. David Rider, effective February 18, 2020.With more than two decades of church experience in Massachusetts, Illinois, Maryland, Australia and South Africa, Mark joins SCI from Washington Memorial Chapel in Valley Forge, Pennsylvania where he serves as Rector. His previous employment and interests include service as an officer in the U.S.

22 Jan 2020

Chembulk Tankers Announces Leadership Changes

Bart B. Kelleher has taken over as CEO of Chembulk Tankers (Photo: Chembulk Tankers)

Chembulk Tankers announced on Wednseday that Bart B. Kelleher has taken over as Chief Executive Officer for David Ellis, who has resigned for personal reasons. Ellis will be available to the company through January 31, 2020.Kelleher has held senior executive roles within Chembulk since joining the company in early 2016, initially as Chief Strategy Officer and then Chief Financial Officer in early 2019. Prior to joining Chembulk, Kelleher was the Chief Operating Officer for Principal Maritime Management and held roles in investment banking…

16 Jan 2020

Safe Bulkers Sells, Leasebacks 8 Vessels

Image: Safe Bulkers

The Monaco-headquartered provider of marine drybulk transportation services Safe Bulkers Safe Bulkers has sold and leased back eight ships to refinance $105.2m in loans coming due in 2023 and 2025.The New York-listed bulker owner said that it will receive $158.3m in proceeds from the transaction.Under the arrangements, two vessels were leased back, under bareboat charter agreements, for a period of six years and six vessels were leased back under bareboat charter agreements, for…

08 Jan 2020

NY to Create Offshore Wind Training Institute

Andrew M. Cuomo. Photo: Governor's office

New York Governor Andrew Cuomo has announced plans to create Offshore Wind Training Institute to offer offshore wind training programs.The institute will provide benefits to workers across New York State through new job training programs, tailored college curriculum, and enhanced academic research opportunities.Atlantic Offshore Terminals (AOT), New York-based developer of offshore wind port and supply chain facilities, has applauded Gov's initiative."The creation of the Offshore Wind Training Institute is a critical step in developing the next generation of workers here in New York…

03 Jan 2020

For Fireboats, The Heat is On

(Credit: Metal Shark)

These days, cost-conscious municipalities across the fruited plain, from sea to shining sea, are ordering new waterborne assets to cover their many local responsibilities. When they do, they want ‘more bang for their buck,’ combining multiple missions – and the equipment that makes it all possible – onto one hull. That’s a tall order on the typically compact patrol boat style hulls that tend to be big on performance, but short on space for equipment that can demand a significant physical footprint.

03 Jan 2020

Carnival Delays Launch of Mardi Gras Ship

Image: Carnival Cruise Line

Florida-headquartered international cruise line Carnival Cruise Line announced that the debut of its newest ship, Mardi Gras, will be pushed back until Nov. 14, 2020 after the Meyer Turku shipyard in Finland informed the cruise line “that the delivery will be delayed.”With this new schedule, Carnival will now take delivery of the ship in late October and its first revenue sailing will depart from Port Canaveral on Nov. 14, 2020. Consequently, the first eight sailings that were scheduled starting Aug.

30 Dec 2019

Sandy Hook Pilots Issue Statement on Operational Fatality

Sandy Hook Pilot Captain Dennis R. Sherwood

Coast Guard responds to deadly New York harbor pilot accident.On December 30, 2019 at approximately 0430, Sandy Hook Pilot Captain Dennis R. Sherwood was involved in an incident while boarding a container vessel inbound to the Port of New York & New Jersey. He sustained injuries after falling from an accommodation ladder and was evacuated to a local hospital where his injuries proved to be fatal. Prior to the incident, Captain Sherwood had been piloting vessels in and out of the Port of New York & New Jersey for over 35 years.The incident is being investigated by the United States Coast Guard.

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