NGL Energy, TransMontaigne End Talks on Acquisition Proposal
NGL Energy Partners LP and TransMontaigne Partners LP said on Friday they have terminated discussions on NGL's non-binding proposal to acquire the outstanding common units of TLP…
USCG Rescues 164 Migrants in a Week
The U.S. Coast Guard (USCG) rescued 64 Cuban migrants and 100 Haitian migrants during a busy week of illegal maritime migration attempts from Cuba and Haiti into the United States. The 64 Cuban migrants were repatriated last week following three separate interdictions at sea in the Florida Straits dating back to August 7. On Monday, the crew of the Coast Guard Cutter Paul Clark located an overloaded Haitian sail freighter in Bahamian waters.
VT Halter Launches Second ConRo for Pasha
VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), launched MV Marjorie C, a container and roll-on/roll-off car truck carrier (ConRo) at its Pascagoula facilities on August 8. MV Marjorie C is the second vessel built for Honolulu-based Pasha Hawaii. MV Marjorie C has the ability to carry 1,500 TEUs, above and under deck, as well as vehicles and over-high and over-wide cargoes on 10 workable decks.
Odebrecht JV Wins $1.3b Colombia Waterway Contract
Colombia awarded a 2.5 trillion peso ($1.33 billion) contract to a consortium led by Brazil's Odebrecht SA on Friday to improve navigability on the Magdalena River…
Long Beach Imports Flat, Exports Dip
Total cargo container numbers rose 3.7 percent in July at the Port of Long Beach compared to the same month last year, making for the Southern California seaport’s busiest July since 2010. A total of 583,060 TEUs (twenty-foot equivalent units) were moved through Long Beach in July. Of these, 297,615 TEUs were imports, which rose slightly by 0.9 percent. Exports declined 6.2 percent to 124,126 TEUs. Empty containers escalated 19.5 percent to 161,319 TEUs.
Port of LA Container Volumes Up 7.75% YTD
The Port of Los Angeles has released its July 2014 containerized cargo volumes. In July 2014, overall volumes increased 0.25 percent compared to July 2013. Total cargo for July was 717,407.00 Twenty-Foot Equivalent Units (TEUs). Container imports dropped 1.98 percent, from 370,745.55 TEUs in July 2013 to 363,393.50 TEUs in July 2014. Exports rose 3.62 percent, from 157,585.50 TEUs in July 2013 to 163,294.50 TEUs in July 2014.
Offshore Terminal Shut After Sheen Discovered
LOOP's Offshore Marine Terminal suspended its crude oil offloading operations while investigating an oil sheen discovered along the LOOP pipeline right-of-way on August 13.
MN 100: All American Marine, Inc.
200 Harris Ave. All American Marine Inc., located on the shores of Bellingham Bay in Washington State, was founded in 1987 and specializes in the construction of custom tailored aluminum boats from 30’ to 150’. Today, the company has become a leading builder of high speed passenger catamarans, survey craft, and research vessels. AAM’s vessels feature the Teknicraft Design signature hull shape and hydrofoil technology, which aid in high speed travel with excellent fuel efficiency.
MN 100: Bordelon Marine
Bordelon Marine is a provider of marine transportation and support services to the oil and natural gas industries in the Gulf of Mexico and around the world, offering a full range of offshore vessels that aid activities, including construction support, exploration, production, ROV and dive support, oceanographic research and survey mapping, as well as military and special operations. Family run since 1979…
EPA Awards Great Lakes Shipyard Drydocking Contract
Great Lakes Shipyard has been awarded a contract for the United States Environmental Protection Agency (EPA) R/V Lake Explorer II. The research vessel was hauled out using the 770-ton capacity Marine Travelift at Great Lakes Shipyard. The repair contract that started on August 14, 2014 includes drydocking, routine repairs and maintenance, upgrades and design, fabrication and installation of a new bulbous bow.
Panama Canal Celebrates 100 Years
The Panama Canal celebrates today a century of operations connecting the world, committed to completing its Expansion, the largest infrastructure project of the waterway since its opening. "Going forward, the Panama Canal will continue to connect the world, supported by all the modernization efforts since its construction,” said Panama Canal Administrator Jorge L. Quijano. The Panama Canal opened to world trade on August 15, 1914 with the passage of SS Ancon.
USCG Rescues 4 after Vessel Hits Breakwall
The U.S. Coast Guard (USCG) rescued four men after the 30-foot vessel they were aboard struck the breakwall on the north side of the Milwaukee Harbor entrance late Thursday evening.
Canada Announces Harbor Investments
Bryan Hayes, Member of Parliament for Sault Ste. Marie, on behalf of the Honorable Gail Shea, Minister of Fisheries and Oceans, announced today that the Government…
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.
Japan Imposes Asset Freeze on N.Korean Shipping Firm
Japan on Friday froze the assets of the operator of a North Korean ship seized for smuggling arms, the Foreign Ministry said, just as Tokyo is engaged in talks with…
Rotterdam, Bavaria Launch Intermodal Research
Good connections between seaports and the hinterland are vital for optimizing the logistic chain. The Port of Rotterdam Authority and the Bayernhafen Gruppe are therefore working together in the ‘Bayrolo’ research program. The aim of this cross-border project is to further improve intermodal container transport between Bavaria and the port of Rotterdam. By taking containers off the road and shipping them by barge and rail…
BIMCO: Tanker Market is Full of Surprises
Some time ago, BIMCO expected the first signs of a solid recovery in the oil tanker industry to appear in the product tanker market. However, like other soon-to-arrive recoveries, the waiting time tends to increase as we approach the expected tipping point. This time around, global refinery throughput started the year strongly but entered a still running soft patch in May, high volumes but shorter hauls out of the U.S.
Today in U.S. Naval History: August 15
Today in U.S. 1845 - U.S. Naval Academy established at Annapolis, Md. on former site of Fort Severn. 1895 - Commissioning of Texas, the first American steel-hulled battleship. Texas served off Cuba during the Spanish-American War and took part in the naval battle of Santiago. Under the name of San Marcos, she was sunk in weapon effects tests in Chesapeake Bay in 1911. Her hulk continued in use as a gunnery target through World War II.
Conrad Reports Strong Q2 Results, Backlog
Conrad Industries, Inc. announced its second quarter and six months 2014 financial results and backlog at June 30, 2014. For the quarter ended June 30, 2014, Conrad had net income of $6.8 million and earnings per diluted share of $1.14 compared to net income of $6.1 million and earnings per diluted share of $1.02 during the second quarter of 2013. The company had net income of $13.2 million and earnings per diluted share of $2.21 for the six months ended June 30…
New Power for Alaskan Tug
It has been said that, “There is no reason to design or build an ugly boat.” This is clearly a dictum that those who designed and built the Noman O adhered to. Built in 1970 as the Duncan Foss by the Albina Shipyard under hull number 419, at Portland, Oregon, the tug has a fine shear that sweeps down the 75-foot length from a high sea-going bow to a low fantail that carries most of the boat’s 24-foot midships beam.