SCPA Handles Its Heaviest Energy Project Ever
A 1.5-million-pound steam generator was recently offloaded at the Port of Charleston’s Columbus Street Terminal, making for what the South Carolina Ports Authority (SCPA) called one of its heaviest energy project moves to date. The Westinghouse Electric Company steam generator was unloaded on December 20 for the South Carolina Electric & Gas Company nuclear power plant expansion near Columbia, S.C.
PCST Loads First Vessel from Port Canaveral
Port Canaveral Scrap Terminal LLC (PCST) has loaded about 20,000 tons of scrap metal aboard the Grikos to export to Turkey, where it will be used to create finished steel products. The terminal operator, currently employing 17 people with $1.8 million invested into the north cargo terminal, expects to export about 130,000 tons of scrap metal annually. Local stevedore Ambassador Services Inc. (ASI) handles loading operations for PCST.
A Commercial Marine Lender and Lessor’s Lexicon
We are often “not aware of what we do not know.” Nowhere is that adage more appropriate than in the world of marine finance, especially for the smaller workboat operator. Lost amidst the sometimes confusing language and ‘mumbo-jumbo’ that lenders and lessors use in describing their sometimes arcane products, it is a fact that, often, ‘the devil is in the details.’ Therefore, it never hurts to review what we think we might already know.
Shipbuilding: Sixth Cape Class Patrol Boat Launched
Austal has launched the sixth in-series Cape Class Patrol Boat (CCPB) at the company’s Australian Defense Facility in Henderson, Western Australia. The launch of Cape Leveque marks the third year in a row a CCPB has been launched in the first week of January; preceded by Cape St George (CCPB01) in 2013 and Cape Byron (CCPB02) in 2014. Cape Leveque is the sixth of eight 58-meter patrol boats that are…
OP/ED: Knowing the Rules of the Road
I am increasingly concerned about the interaction between commercial vessels and recreational craft on the Chicago River. Even more frequently my operation is encountering people in short-term rental craft such as stand-up paddleboards, kayaks, canoes and small electric boats who know little or nothing about the USCG Navigation Rules and who are not aware of the risks of operating on a narrow channel close to large commercial vessels.
Landmark STS LNG Transfer Achieved
Excelerate Energy Performs 700th Ship-to-Ship Transfer of LNG. Excelerate Energy L.P. (Excelerate) completed its 700th commercial Ship-to-Ship (STS) transfer of LNG on January 7, 2015 in Escobar, Argentina at the GNL Escobar LNG import facility. Using Excelerate Energy's regasification vessel, EXEMPLAR and the conventional LNG carrier CADIZ KNUTSEN, 73,778 cubic meters of LNG were transferred using the double-banked LNG transfer system.
Navios Acquisition Announces Fleet Update
Tanker vessel owner and operator Navios Maritime Acquisition Corporation announced the delivery and employment of one VLCC and one MR2 product tanker and the employment of one VLCC and two product tankers. The Nave Synergy, a 2010 Japanese-built VLCC of 299,973 dwt, was delivered to Navios Acquisition's owned fleet in December 2014. The vessel has been chartered out to a high quality counterparty for one year at a rate of $34,125 net per day.
US State Dept. Condemns Oil Tanker Bombing
The U.S. State Department has issued a statement in which it “strongly condemns” the bombing of a Greek-operated oil tanker near Derna, Libya on January 4 that killed two crewmen.
Divers Continue Hunt for AirAsia Black Boxes
Indonesian search and rescue teams plan to start lifting the crashed AirAsia jet's tail off the sea bed on Friday, officials said, raising hopes that "black box"…
UKHO Launches New H-Note App
The United Kingdom Hydrographic Office (UKHO) has unveiled a new digital application that enables mariners to submit hydrographic data directly to the UKHO using their mobile device. The ADMIRALTY H-Note App is a free digital version of the UKHO’s Hydrographic Note and will allow important navigational information to be recorded and shared with the UKHO faster and more easily than ever before. The Hydrographic Note, often referred to as H-Note, is a vital source of new hydrographic data.
Webb Institute Welcomes Assistant Professor, Daidola
John C. Daidola has joined Webb Institute as Assistant Professor of Structural Engineering. Dr. Daidola is a structural engineer with over forty-years of experience. His early experience was as Design Engineer at Newport News Shipbuilding and Dry Dock Company and as Chief Naval Architect at Storm-Master Boat Corporation. He was employed for 28 years at M. Rosenblatt & Son, Inc., where he worked as Senior Vice President and Engineering Branch Manager.
Hoegh Osaka Update: Salvage Work Resumes
Authorities hope to continue the salvage operations of car carrier vessel Hoegh Osaka which ran aground shortly after its departure from the Port of Southampton January 3. According to the U.K. Maritime and Coastguard Agency (MCA), Hoegh Osaka is currently stable at the anchorage after unexpectedly self-floating yesterday. Three tugs kept the vessel in place overnight despite some high winds in the early hours.
ARTEMUS Deploys Cargo Information Software
ARTEMUS Transportation Solutions has deployed its new, web-based software, which provides clients the tools to submit electronic cargo information for all cargo destined to Japan and transiting the Panama Canal. Both single entry screen systems meet the requirements of Japan AFR for Japan Import Cargo and Panama Canal's EDCS filing regulations for cargo transiting through the Panama Canal. These new products add to the solutions already available to NVOCC's…
ENI Extends Contract with Ocean Rig
Several of Ocean Rig UDW Inc. subsidiaries have entered into an omnibus agreement with ENI Angola S.p.A pursuant to which ENI has exercised its option to extend the contract for the drillship Ocean Rig Poseidon for a further one year until the second quarter of 2017. As part of the contract extension for the Ocean Rig Poseidon, Ocean Rig has agreed to adjust the existing dayrate of the Ocean Rig Poseidon…
ALMACO Group Earns ISO 14001, OHSAS 18001 Certifications
ALMACO Group has received multi-site certifications for ISO 14001:2004, for implementation of Environmental Management Systems (EMS), and OHSAS 18001:2007, for developing Occupational Health and Safety (OH&S) management systems, in compliance with the international standards. The certifications cover ALMACO’s products and services comprising engineering, procurement, construction, total project management…
ACP Signs Pact with Lake Charles Port
Agreement meant to capitalize Canal expansion while attracting new LNG customers. The Panama Canal Authority (ACP) signed a cooperation agreement with the Port of Lake Charles in Louisiana earlier this week, which aims to attract new customers from the liquefied natural gas (LNG) industry; a strategy that builds upon the advantages that the expanded Canal will offer. Currently, LNG vessels cannot transit through the waterway due to their beam dimensions…
Tsuneishi Builds 200th Kamsarmax Bulk Carrier
Tsuneishi Shipbuilding Co., Ltd. finished building an 82,000-mt D/W type bulk carrier Ultra Lion on January 7, 2015, marking the completion of the builder’s 200th Kamsarmax model vessel. Built by Tsuneishi Group Shipbuilding, Inc. at Zhoushan City in the Zhejiang Province of China, the Ultra Lionwill be delivered to buyer KambaraKisen Co., Ltd. The first Kamsarmax bulk carrier was completed in February of 2005.
Canaveral Upgrades Bulk Conveyor System
The new $1.5 million bulk conveyor system at Port Canaveral was utilized for the first time by Martin Marietta when the Bahamas Spirit discharged limestone at South Cargo Pier 4. The Canaveral Port Authority invested in the system with Martin Marietta to enhance terminal operational efficiencies and increase productivity. The new and improved conveyor system is now capable of offloading 2,000 tons per hour.
Cavotec Secures €11.5m in Port Equipment Orders
Cavotec announced it has received orders for its port technologies in Australia, Indonesia, Oman, Portugal and Turkey, and for two major shipping lines, with a combined value of more than EUR 11.5 million. Cavotec will supply eight MoorMaster automated mooring units for installation at a container berth at the Port of Salalah in Oman, where a number of MoorMaster units have been in service for several years.
Matson Raises Fourth Quarter Outlook
Matson, Inc. said it holds a higher operating income outlook for the fourth quarter 2014, citing higher than expected freight rates and volumes as well as declining bunker fuel prices leading to gains. The company also made preliminary comments regarding its outlook for 2015, stating it anticipates flat to higher income for the coming year. Matson said it expects fourth quarter 2014 ocean transportation…