America's VSE Corp. Awarded NAVSEA Foreign Navy Contracts
VSE Corporation informs that its International Group has received several delivery orders totaling more than $13.4M to continue work performed under its Foreign…
Huntington Ingalls Awarded Additional Funds For CVN 79 Construction
Huntington Ingalls Industries informs that its Newport News Shipbuilding division has received a US$1.295 billion extension to a previously awarded construction preparation contract for the aircraft carrier 'John F. Kennedy' (CVN 79). The contract extension enables Newport News to complete an additional 343 structural units and purchase the majority of the remaining material for the ship, including items such as valves, controllers, pumps and raw materials.
Navy's US$148-Billion FY 2015 Budget: Tough Choices Made
Rear Admiral William Lescher, Deputy Assistant Secretary of the Navy for Budget explains that in a period of fiscal austerity, the Department of the Navy’s $148 billion FY15 budget balances investments in presence, capabilities and readiness to provide sustainable forward naval presence and invest in our people and capabilities core to our warfighting edge. "We all know this budget comes amid an environment of increasing fiscal austerity and uncertainty.
ITC Global Rebrands as Single Company, Unite Acquisitions
ITC Global, a leading provider of satellite communications to remote and harsh environments announce that it has launched a new corporate brand as the final step…
Cribbing & Matting Extend Range to Australia, SE Asia
A high performance recycled plastic cribbing system engineered to provide optimum safety and durability when stabilising heavy loads is being introduced throughout Australasia and South-East Asia inform the Cribbing and Matting Co Pty Ltd., located in Sydney. The manufacturers explain that the lightweight, splinter-free, non-absorbent and environmentally sustainable Dura Crib and Dura Stat ranges were developed to replace older…
AAPA Sees Just One Bright Spot in President's Fiscal 2015 Budget
The American Association of Port Authorities (AAPA), on behalf of its United States member seaports, expresses both encouragement and disappointment over the funding levels and programmatic changes in federal port-related programs proposed in the President’s FY 2015 budget. While the President’s budget proposal included funding for a new National Infrastructure Investment program, it also decreases…
Watching Ukraine for Economic, Commodity Fallout
Reuters - A top Federal Reserve official said on Tuesday he is closely watching the unfolding crisis in Ukraine for potential effects on U.S. economic growth and volatility in commodity prices.
Coast Guard Recovers Emergency Landed Helicopter
A Coast Guard Dolphin helicopter that was on Washington Island after the crew made an emergency landing on Sunday was recovered Monday and is being transported back to Air Station Traverse City, Mich., to undergo necessary repairs. A six-member recovery team from the air station arrived on Washington Island on Monday morning to begin the process of recovering the helicopter. At about 5 p.m. CST, the crew loaded the trailered aircraft onto the Washington Island Ferry…
KEIFCA Orders Blyth Workcat Patrol Boat
The Kent and Essex Inshore Fisheries and Conservation Authority (KEIFCA) placed a contract for a 17-meter GRP Blyth Workcat for use when monitoring fishing activities around the Kent and Essex coasts. The new boat is being built to meet the exact requirements of KEIFCA which has specified a durable craft capable of operating in extreme offshore conditions while undertaking a wide range of tasks relating to the monitoring of fish stocks and the supervision of fishing activities.
Bulgaria Weighs Dependence on Russian Energy
Reuters - Bulgaria, heavily dependant on Russia for gas and oil, will estimate its own reserves and seek alternatives to cope with any worsening of the Ukrainian crisis, it said on Tuesday.
New Legislation Aims to Help American Ports
Congressman Jim McDermott (D-Wash.) introduced The Maritime Goods Movement Act for the 21st Century (H.R. 4105) legislation that would replace the Harbor Maintenance Tax (HMT), designed to fund the operation and maintenance of American ports. McDermott said HMT is outdated and currently incentivizes shippers to bypass American ports and move goods bound for the United States through Canada and Mexico…
Maritime Battery Forum in the Works
DNV GL is now running a pilot project that prepares the ground for the establishment of a Marine Battery Forum, which shall work to ensure that Norway is a world…
LoBiondo Opens Hearing on Maritime Transport Regs
Rep. Frank LoBiondo (R-N.J.) chaired today’s Subcommittee on Coast Guard and Maritime Transportation Hearing on “Maritime Transportation Regulations: Impacts on Safety, Security, Jobs, and the Environment; Part II” in place of Subcommittee Chairman Duncan Hunter. “The Subcommittee is meeting today for the second part of our two part hearing to review regulations affecting the maritime industry. Today’s…
Avoiding Temptation at Sea
The recent deaths of two security operatives on board the Maersk Alabama highlighted an acute concern amongst the shipping community: the threat of substance abuse. That there were narcotics found in the same cabin as the individuals concerned is even more worrying, but nothing new. The area of particular concern though is the likely use of drugs and alcohol by embarked security personnel with access to weapons.
Allegretti Testifies on Vessel Discharge Regs
On March 4, in testimony before the Coast Guard Maritime Transportation Subcommittee of the House Transportation and Infrastructure Committee, Tom Allegretti, President & CEO of The American Waterways Operators, urged Congress to enact a uniform national standard for ballast water and other vessel discharges to end a patchwork of federal and state regulations that is counterproductive to enhanced environmental protection…
San Jacinto College to Build Maritime Training Center
As San Jacinto College prepares to break ground to build the region's newest maritime training facility, some of the industry's most sought after training technology has arrived and is awaiting its new home. The college recently received three interactive, full-mission, ship bridge simulators, thanks to a collaborative agreement with the Houston Pilots. They will be moved to the College's 45,000-square-foot Maritime Technology and Training Center once it opens, projected for mid 2015.
Med Crude-CPC Blend Under Pressure, Saudi OSPs Awaited
Russian Urals prices were steady on Tuesday as the market awaited Saudi Aramco's official selling prices for April, while Kazakh CPC Blend remained under pressure on ample supplies.
Maritime Reporter @ 75: The Daily Cartoon
Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners, ship and boat builders, naval architects and marine engineers. Today Maritime Reporter heads a group of four print and 10 websites serving the global maritime, offshore and subsea sector.
Mideast Crude Tanker Earnings Slip, Ukraine Watched
Crude oil tanker earnings on the major Middle East route fell on Tuesday as a build up of vessels available for hire weighed on rate sentiment. Shipping markets…
Bottled Water Sales to Shippers on the Rise
Hutton’s Group, a ship supplier in the U.K., reported sales of bottled water are up 30% on last year’s figures. The Hull-based supplier to the international shipping industry said it sold almost 40,000 large bottles of still water and nearly 20,000 small bottles this January alone, with sales of sparkling water (particularly popular with eastern European customers) growing too. The company said its January water sales equate to more than 13,000 liters.