2013 DOT Year in Review: MARAD Sounds Off

posted by Joseph Keefe
Monday, January 06, 2014
Chip Jaenichen, Acting Administrator of the Maritime Administration.

The U.S. Maritime Administrator weighs in on 2013 and the road ahead ...

 

Here at the Maritime Administration (MARAD), we continue working tirelessly to improve our marine transportation system with innovative projects across the country.  As our economy rebuilds and jobs are created, we are reminded just how much the maritime industry has contributed to these growing numbers and more importantly. . . Why Maritime Matters!

It has long been a vision in our industry to move more freight on our rivers, Great Lakes, and waterways, as well as through American river, lake, and sea ports.  This year it became reality when one of the first major marine highway services began on the West Sacramento-Stockton-Oakland “Green Trade Corridor.”  This flagship project takes freight off the congested Interstate 580 and moves it on the San Joaquin River. It is expected to remove 180,000 trucks from the highways and save more than 7 million gallons of fuel annually.  What’s more, it’s helping to move more U.S. exports to Asia, a key market essential in the expansion of our nation’s trade and commerce.

Continued growth in America’s exports coupled with the widening of the Panama Canal requires the maritime industry and shippers to prepare for the most significant change in global trading patterns in the last century.

The wider and deeper locks that open in 2015 on the Panama Canal will create new opportunities and jobs across the country as transportation officials and port authorities prepare for larger vessels to call at Gulf and East Coast ports.  Phase I  of MARAD’s comprehensive, multi-phase Panama Canal study was released earlier this year and will help inform stakeholders on current and future infrastructure investments.

The Obama Administration clearly understands the importance of U.S. ports as the gateways to the national freight network and has already invested more in port infrastructure than any previous Administration.  Additionally, more than $150 million has been invested in America's shipyards, which support over 402,000 jobs and produce $36 billion in annual GDP.

The continued expansion of our maritime industry is critical to our competiveness in the global market. That is one of the primary reasons why we're hosting the first ever National Maritime Strategy Symposium.  This meeting will gather stakeholders industry-wide to help develop the foundation for a robust national maritime strategy.  It is critical that we strengthen America’s maritime industry, with a focus on building the foundation for a 21st Century economy that will carry us far into the future.

Chip Jaenichen is Acting Administrator of the Maritime Administration.
 


Shipbuilding

C-Job Designs Flettner Freighter for Switijnk

The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile.

Yangzijiang Shipbuilding to Slash 2,000 More Jobs

Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up

Australia Warns DCNS after Security Breach

Australian defence officials warned French naval contractor DCNS to beef up security in Australia, where it is preparing to build a A$50 billion ($38.13 billion) fleet of submarines,

Ports

Vitol's Malaysia Terminal Suspends Ops after Spill

VTTI, the storage unit of world's largest oil trader Vitol, has suspended operations at its terminal in southern Malaysia following an oil spill, two industry sources said on Friday.

Shenzhen Port to Adopt China ECA Regulation

China's Shenzhen port is set to to adopt requirements for ships at berth requiring to burn marine fuel with sulfur content not exceeding 0.5 percent starting October this year,

Cochin Port Gets a Little 'Breathing Space'

The Cabinet Committee on Economic Affairs of India, chaired by the Prime Minister Narendra Modi, has given its approval for waiver of penal interest on Government

Finance

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

Yangzijiang Shipbuilding to Slash 2,000 More Jobs

Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up

Australia Warns DCNS after Security Breach

Australian defence officials warned French naval contractor DCNS to beef up security in Australia, where it is preparing to build a A$50 billion ($38.13 billion) fleet of submarines,

Government Update

White House: Iranian Ships' Actions in Gulf Increase Risk of Miscalculation

Actions by Iranian vessels in several encounters with U.S. warships in the Gulf this week are cause for concern and increase risks of miscalculation, the White House said on Friday.

Cochin Port Gets a Little 'Breathing Space'

The Cabinet Committee on Economic Affairs of India, chaired by the Prime Minister Narendra Modi, has given its approval for waiver of penal interest on Government

Iran Vessels Make 'High Speed Intercept' of US Ship

Four of Iran's Islamic Revolutionary Guard Corps (IRGC) vessels "harassed" a U.S. warship on Tuesday near the Strait of Hormuz, a U.S. defense official said, amid

Logistics

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

Vitol's Malaysia Terminal Suspends Ops after Spill

VTTI, the storage unit of world's largest oil trader Vitol, has suspended operations at its terminal in southern Malaysia following an oil spill, two industry sources said on Friday.

MN100: TPG Marine Enterprises, LLC

The Company: TPG Marine Enterprises, LLC is an operations, logistics and consulting company that specializes in all aspects of cargo movement on the Inland Waterways System.

 
 
Naval Architecture Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1111 sec (9 req/sec)