Passenger Vessel Association Opposes Bill Allowing Foreign-Flagged Ships to Compete with U.S. Passenger Vessels
Alexandria, VA:The Board of Directors of the Passenger Vessel Association (PVA) yesterday unanimously voted to oppose enactment of a bill in the U.S. House of Representatives that would allow foreign-flagged passenger vessels to directly compete with their American-flagged counterparts. The PVA Board action reaffirmed support of the Passenger Vessel Services Act (PVSA) which reserves the commercial carriage of passengers between U.S. ports for vessels that are U.S.-flagged, U.S.-owned, U.S.-built, and U.S.-crewed. The legislation (H.R. 2460) was introduced by Congressman Blake Farenthold of Texas on July 7, 2011. The proposed Farenthold…
MN100: Eastern Shipbuilding Group, Inc.
Eastern’s original shipyard was established in 1976 for the purpose of constructing commercial fishing boats for the company’s founder and President, Brian R. D’Isernia. By 1980, 26 commercial fishing vessels had been constructed and delivered. Building on his passion for boats and the sea, Mr. D’Isernia decided to diversify Eastern’s reputation from a ‘Fishing Vessel’ shipyard into a shipyard that could fulfill any type of custom vessel request, large or small. In 1981, Eastern’s diversification began with the delivery of it first Offshore Supply Vessels.
Scorpio Bulkers Signs Time Charter-Out Agreements
Scorpio Bulkers, Inc. announced that it has entered into time charter-out agreements for two Ultramax vessels and one Kamsarmax vessel. The two Ultramax vessels are SBI Leo and SBI Achilles and the Kamsarmax vessel is SBI Cakewalk. Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities. Scorpio Bulkers Inc. currently owns 41 vessels, consisting of 15 Kamsarmax vessels and 26 Ultramax vessels. The Company also time charters-in two dry bulk vessels (consisting…
USCG Summarizes ISPS/MTSA: “Week 1”
The U.S. Coast Guard successfully completed its first week enforcing new international and domestic maritime security requirements of the International Ship and Port Facility Security Code and the Maritime Transportation Security Act. “The men and women of the Coast Guard have been very busy enforcing these security requirements since the deadline, but our efforts to ensure compliance were successful because we began this task well before July 1,” said Adm. Thomas H. Collins, commandant of the Coast Guard. From July 1 through July 6 (the most current data which is available), foreign vessels made approximately 1,600 port calls on U.S. ports. On average, over 260 vessels called each day.
Bulk Carrier Detained in Oregon
The U.S. Coast Guard detained the 600-foot bulk carrier vessel Ikan Sudip, after discovering significant environmental and safety violations during an inspection in Astoria, Ore. Saturday. Vessel inspectors from the Coast Guard Marine Safety Unit in Portland discovered the discrepancies during an inspection of the Panamanian-flagged motor vessel, which was built in 2004. “The Ikan Sudip’s safety and environmental conditions posed an unacceptable threat to our waterways," said Capt. Dan Travers, Coast Guard Sector Columbia River Commanding Officer and captain of the port for Oregon and Southern Washington. While inbound to U.S. waters, Monday, the vessel experienced two separate fuel related propulsion losses within 24 hours, which completely disabled the vessel at sea.
Grandweld Delivers Aluminum Crew Boat
Grandweld Shipyards delievered “Zamil 101” the first of three fast aluminum crew boats to Zamil Offshore. The vessel was part of a contract, which was signed in November 2011, to build and deliver three sister crew boats. The 33.5m fast crew boat is powered by 3 high speed diesel engines driving 3 fixed pitch propellers to produce a speed of 27 Knots. The vessel is designed and built according to the classification rules and requirements of Bureau Veritas for Aluminum vessels. The vessel will be utilized to transport offshore personnel and cargo, and will be operating offshore Saudi Arabia.
The U.S. Coast Guard has collected the following nationwide compliance data on both the International Ship and Port Facility Security Code (ISPS) and Maritime Transportation Security Act (MTSA). The vessel arrivals and inspections reflect activity for Monday, July 5. The denials of entry and detentions in port are totals for July 1-5. The foreign vessels detained or denied entry failed to comply with the requirements of the International Ship and Port Facility Security Code. U.S. U.S. The numbers of vessels and facilities restricted or closed is current as of 9 p.m. July 5. Restrictions placed on U.S. vessels and facilities range in severity based on the nature of the ship or facility and of non-compliance.
Report: Growth Anticipated in the OSV Market
The global offshore support vessel market is expected to grow owing to the need to satisfy rising marine logistics demand. The lucrative and high-investment areas of offshore regions such as North Sea, U.S Gulf of Mexico and new discoveries in West Africa are the key driving factors for the high growth of offshore support vessel market. The offshore support vessels or OSVs are vessels used in the marine industry. The designs of the OSV are unique, and each type has its own properties and features, as per the type of operation. OSVs are efficient and vital components of the oil & gas industry.
GulfMark Options to Build Second Aker Vessel
GulfMark Offshore, Inc. has exercised an option to build a second Aker PSV09 design vessel. This vessel, which will be an identical sister ship to the Aker PSV09 currently under construction in Norway, is a 4,850 deadweight ton, diesel electric powered platform supply vessel. The purchase price for this vessel is approximately $30 million, with delivery currently expected during the third quarter of 2007. GulfMark will be the majority investor in a joint venture for the construction of the vessel. GulfMark has elected to purchase 100 percent of the first Aker PSV09 and has the right to purchase this vessel upon pre-agreed terms. Including this vessel…
Study: Title Issues Abound in Maritime Deals
ownership records contain potential title issues. the U.S. Coast Guard’s National Vessel Documentation Center (NVDC) registry. title ownership from the time it’s built, or first placed under U.S. documentation. transfers, some claims-of-lien notices and mortgages. registry and unsatisfied claims. at one time. Coast Guard’s ownership records. had liens filed that were unsatisfied. fire,” said Victor I. Title Insurance Company. said Paul B. Erickson of the law firm Alley, Maass, Rogers and Lindsay. vessel until after purchasing it. to delayed filings of documents. at least 30 days after the date of execution. mortgages. lenders involved in these transactions,” said John N. Company. vessel ownership and the seller’s ability to transfer the title.
Liberty Class Vessels Delivered to China
By the beginning of 2009, more than half of the 22-vessel GPA 654M Liberty Class 100 PSV series and “Bourbon Liberty 201”, the first of the 54-vessel GPA 254L AHTS series, were delivered at Dayang Shipyard in China. , The vessels were designed by Naval Architectural and Marine Engineering Firm Guido Perla & Associates, Inc., headquartered in Seattle, WA. Bourbon currently has under construction and in operation more than 100 GPA designed vessels, including PSVs, AHTS vessels, IMR vessels, and ROV-capable vessels.
HamiltonJets for Offshore Catamaran Range
HamiltonJet have been selected as the propulsion partners in three recent catamarans, all working in the offshore industry. In each case the combination of wide operating envelope, enhanced manoeuvrability and proven durable design were contributing factors to the selection of the propulsion and control package. The first of these vessels to be built was Windcat 21, constructed by A.F. Theriault & Son for the UK/Netherlands based Windcat Workboats. Windcat have been supplying…
Two Workboats Sinking Near Mobile Ship Channel
The U.S. Coast Guard said it is responding to two sunken vessels in Mobile Ship Channel north of Gaillard Island, Tuesday. Coast Guard Sector Mobile watchstanders received a call from the crew of the towing vessel, Miss Sammy Lee, reporting the sinking of two vessels, the 52-foot towing vessel Delta Amber, and the 26-foot dredging vessel Nicholas. The Miss Sammy Lee crew rescued the crews from both vessels Monday evening around 10:46 p.m. A Coast Guard Station Dauphin Island small boat crew safely transferred the crewmembers of both sunken vessels from the Miss Sammy Lee to the Dog River Marina. There were no reported injuries. Response crews report a 50 yard by one mile sheen in the area of the incident.
Diana Shipping Acquires Capesize Bulker
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that yesterday it signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to acquire from an unaffiliated third party the m/v Churchill Bulker, a 2011 built Capesize dry bulk vessel of 179,362 dwt, for a purchase price of $28.5 million. The vessel, to be renamed Seattle, is expected to be delivered to the buyer by mid-November 2015. Excluding the newly acquired vessel, as well as one new-building Capesize dry bulk vessel expected to be delivered to the Company by mid-November 2015, one new-building Newcastlemax dry bulk vessel expected to be delivered to the Company during the second quarter of 2016…
U.S. Coast Guard Makes "US Build" Determination
The US Coast Guard issued a determination letter concluding that installation of a foreign-manufactured crane into a new vessel when the vessel is other than in the United States would cause the vessel to not qualify as US built. The vessel was being built in the United States. It incorporated various foreign-built components, but those components were being assembled into the vessel in the United States. A determination was sought from the Coast Guard as to whether a deck crane manufactured abroad for the intended purpose of inclusion on the vessel could be installed on the vessel in that foreign port. The Coast Guard ruled that, because the deck crane was intended to be an integral part of the vessel…
Topaz Reports Revenue up 7%
Q1 2014 revenue up 7% over Q1 2013 to US$ 89.4 million as a result of the expansion of the core vessel fleet and high vessel utilization. Topaz Energy and Marine has announced the results of its subsidiary Nico Middle East Ltd. (“NMEL”) for the three months ended 31 March 2014 (“the period”). The period has seen continued strong and profitable growth across the Group’s activities with revenues up 7% and EBITDA up 22%. This growth is primarily attributable to new vessels that have been added to the fleet and the improved utilization we have achieved across our core fleet.
PCA Announce New Booking & Service Tariff
The Panama Canal Authority (PCA) announced the following new booking and PCSOPEP tariffs for the neopanamax vessels and modifications to other pilot related tariffs, in preparation for the upcoming opening of the neopanamax locks. Elimination of the tariff for Daylight Transit requested with less than 3 days in advanced of reserved date. All requests for daylight transit, if approved, will be assessed Tariff item #1050.0247 ($30000.00). SUBSTITUTIONS BETWEEN A BOOKED VESSEL AND NON-BOOKED VESSEL.
MN 100: Eastern Shipbuilding Group, Inc.
Eastern’s original shipyard was established in 1976 for the purpose of constructing commercial fishing boats for the company’s founder and President, Brian R. D’Isernia. By 1980, 26 commercial fishing vessels had been constructed and delivered. D’Isernia eventually decided to diversify Eastern’s reputation from a ‘Fishing Vessel’ shipyard into a shipyard that could fulfill any type of custom vessel request, large or small. In 1981, Eastern’s diversification began with the delivery of its first Offshore Supply Vessels.
GulfMark Offshore to Acquire Rigdon Marine
GulfMark Offshore, Inc. announced it had entered into a definitive purchase agreement to acquire Rigdon Marine Corporation (RMC), a major operator of technologically advanced offshore supply vessels. The purchase will add the RMC management team, an experienced group of mariners and a fleet of modern vessels designed to support the expanding demand in the deepwater . The combined company will initially operate 90 vessels with an additional 16 vessels under construction for delivery through 2010.
ASA Member Refloats Tanker on Mississippi
On June 13, a member of the American Salvage Association (ASA) responded to grounded vessel in the Mississippi River just above Cubit’s Gap, about 10 miles below Venice, Louisiana. Traffic on the Mississippi was not impeded by the grounded vessel. The ASA member was placed on standby pending the results of aninitial effort to refloat the vessel with tugs. Within a few hours of the vessel owner’s activation of its Vessel Response Plan (VRP) on June 14 in accordance with the new US Coast Guard Salvage and Marine Firefighting Regulations, the ASA member began efforts to conduct an on board survey, prepare a damaged stability assessment, and develop a salvage plan to refloat the vessel.
Navios Announces Delivery of Three Container Vessels
Navios Maritime Partners L.P., an owner and operator of dry cargo vessels, has announced that the Hyundai Tokyo, the Hyundai Shanghai and the Hyundai Busan, all 2006-built container vessels of 6,800 TEU each, were delivered to Navios Partners' owned fleet on December 10, 13 and 16, 2013, respectively. Following the acquisition of these vessels, Navios Partners has taken delivery of a total of five container vessels of 6,800 TEU each and this completes the acquisition of the container vessels as previously announced. All five vessels have been chartered out to an investment grade counterparty for ten years (with Navios Partners' option to terminate after year seven), at a rate of $30,150 net per day per vessel.
Nine Ships Detained in the UK During February
The U.K. Maritime and Coastguard Agency (MCA) announced that nine foreign flagged ships were under detention in U.K. ports during February 2014 after failing Port State Control (PSC) inspection. During February, there were four new detentions of foreign flagged vessels in U.K. ports, while five vessels remained under detention from previous months. Three of the detained vessels were released during February, leaving six vessels under detention at the end of the month.
Sino-Global to Acquire Tanker
Sino-Global Shipping America, Ltd. a shipping agency, logistics and ship management services company, today announced that it has entered into a Memorandum of Understanding (the "MOU"), between the Company and Rong Yao International Shipping Limited, a Hong Kong corporation (the "Vessel Seller") pursuant to which the Company has agreed to acquire a small oil/chemical tanker (the "Vessel") from the Vessel Seller. Pursuant to the terms of the MOU, the purchase price for the Vessel is RMB 65 million (or approximately US $10.5 million)…