Can Trump Make Coal Great Again?
Most of the U.S. coal industry doubts Donald Trump can fulfill his promise to make the ailing industry great again in a country awash in dirt-cheap natural gas, a competing fuel. But a small sub-section of the coal sector that mines metallurgical coal - a variety used by steel makers instead of power plants - is gearing up for a Trump-inspired boom. That's because the Republican president-elect has promised a spending surge for roads, bridges and tunnels after he takes office on Jan.
Waterways Council Elects Parker as Chairman
As its Annual Meeting and Board of Directors Meeting in Cincinnati on November 15, 2016, Waterways Council, Inc. (WCI) named Tim Parker, President of Parker Towing, as its Chairman of the Board. Parker succeeds Merritt Lane, President and Chief Executive Officer, Canal Barge Company. Parker serves on the Board of Directors of Mercedes-Benz U.S. International, Inc.; as Past Chairman of the Board of the Alabama State Port Authority…
Viega Names Debnath VP, Sales and Marketing
Viega LLC has hired Sean Debnath as its new vice president of sales and marketing, responsible for overseeing and managing Viega’s sales, marketing, inside sales, customer services and customer relations departments. Debnath has more than 20 years of industry experience. He started his career as a hands-on scientist and gradually transitioned himself to the commercial side of the business. Prior to joining Viega…
Maritime Safety Research Center Opens
The Maritime Safety Research Center (MSRC) is an industry-university partnership, involving Strathclyde's Department of Naval Architecture, Ocean & Marine Engineering, Royal Caribbean Cruises Ltd (RCCL), and DNV GL. The world’s first center of its kind, the MSRC will aim to improve safety at sea through a close collaboration between industry and academia, that targets interdisciplinary, common-threaded research and development.
Sea Tow Presents Franchise Awards
Sea Tow Services International, Inc., a professional on-water assistance provider, honored members of its national network for outstanding customer service and dedication to boating safety at the Sea Tow Awards Luncheon held on November 17. The event was a highlight of the organization’s 2016 Annual Meeting, which brought Sea Tow operators from across the country to the Wyndham Lake Buena Vista Resort in Orlando from November 14-17, 2016.
Cruiseport Boston Closes Out 2016 Cruise Season
As Cruiseport Boston closes out its successful 2016 season, 2017 is already shaping up to be a record year with 151 calls scheduled for next cruise season. The 2016 season saw 115 calls by a record 32 unique ships with ten maiden calls to the port, including Royal Caribbean International’s Anthem of the Seas, the largest cruise ship to ever call the Port of Boston. Cruiseport Boston has seen years of steady growth which has contributed to the booming cruise business in Boston.
Canada Mulls Options to Fill Icebreaker Gaps
Canada's Coast Guard mulls its options as it awaits the arrival of replacement icebreakers to its aging fleet. In order to maintain open tracks through ice, escort ships, free ice-beset vessels, break up ice in harbors, resupply isolated northern communities and protect them from flooding, the Canadian Coast Guard operates a fleet of 14 vitally important icebreakers, many of which are nearing the end of their operating lives.
First Ship Loaded at Brazil's New Sugar Terminal
Brazil's new sugar terminal at the port of Suape in the state of Pernambuco will load its first ship on Friday, opening a new export corridor for mills in the Northeast…
INTERTANKO Reelects Tsakos as Chairman
Dr. Nikolas Tsakos of Tsakos Energy Navigation Ltd. was reelected for two further years by the INTERTANKO Council who met this week in London. The Council members…
NYK Buys Stake in NY/NJ's Largest Terminal
NYK subsidiary NYK Ports, together with Macquarie Infrastructure Partners III (MIP III), has invested in Maher Terminals, which operates a terminal in the U.S. port of New York and New Jersey. On November 16, 2016, NYK Ports acquired a 20 percent share of Maher. The port of New York and New Jersey handles the most containers of any port on the East Coast of North America, and Maher is the largest terminal in the port with a handling capacity of 3 million TEUs annually.
Obama Administration Bars New Oil, Gas Exploration off Alaska
The Obama administration on Friday blocked new exploration for oil and gas in Arctic waters, in a win for environmental groups that had fought development of the ecologically fragile region. The Department of the Interior released a 2017 to 2022 leasing plan that blocked drilling in the Chukchi and Beaufort Seas off northern Alaska. It also limited petroleum development in the Cook Inlet off south-central Alaska.
CMA CGM Stays in Red, Pays Back NOL Takeover Loan
CMA CGM, the world's third-largest container shipping company, posted on Friday another net loss in the third quarter as freight rates remained weak and it integrated Singapore-based NOL, its biggest-ever acquisition. The sector was showing the "first signs of stabilisation" as operators adjusted capacity but freight rates remained historically low, CMA CGM said on Friday. The French-based company's net loss including NOL was $268 million…
Op/Ed: Obama’s Parting Salvo at US Energy Security
Randall Luthi, President of the National Ocean Industries Association (NOIA), does not pull any punches as he weighs in on the Obama administration’s release of the Final 2017-2022 Outer Continental Shelf (OCS) Oil and Gas Leasing Program. The good news is we now have an offshore leasing plan for the next five years that includes a schedule for regular oil and gas sales in the Gulf of Mexico. The bad news is it is only half a plan. Offshore energy development is a vital part of the U.S.
Signet Launches New Tug for E.N. Bisso
On the morning of October 12, 2016, E.N. Bisso and Signet Shipbuilding & Repair (SS&R) Pascagoula, Miss., christened and launched E.N. Bisso’s newest high technology Robert Allan Ltd. (RAL) design tug. Mrs. Deborah F. McDonald, wife of Mr. William H. McDonald, President, E.N. Bisso, New Orleans, Louisiana, was the Christening Sponsor. The GLADYS B, SS&R Hull 109 was launched immediately following the ceremony, and will be delivered on-time and on-budget December 12, 2016.
Shipping Shares Drop after Seanergy Maritime Offer
Shares of many shipping companies dropped in volatile trading, retracing more of their post-U.S. election gains after Seanergy Maritime Holdings on Friday became the latest shipper this week to announce a direct share offer pricing. Seanergy shares were down 28.2 percent at $2.80 after the $3.6 million offering, while shares of Top Ships were down 13.5 percent and shares of Globus Maritime lost 8.9 percent.
Australian Navy Frigate on Task in Kaikoura
Royal Australian Navy frigate HMAS Darwin has sailed to Kaikoura to provide humanitarian and disaster relief support at the request of the New Zealand government. Darwin is using her embarked S-70B-2 Seahawk helicopter for the evacuation of civilians and the distribution of emergency supplies. Commanding Officer, HMAS Darwin, Commander Phillip Henry said the ship and its 200 personnel will remain flexible to any tasks that may be required.
Australian and Canadian Ships Tested
HMAS Darwin used a trans-Tasman voyage to brush up on her boarding drills with friends from Her Majesty’s Canadian Ship (HMCS) Vancouver. The boarding practise took place during passage to Auckland for the Royal New Zealand Navy’s 75th Anniversary International Naval Review, before both ships were retasked to assist the New Zealand with the response to the recent earthquake. Darwin’s Boarding Officer…
JNPT Liquid Cargo Terminal Handles Highest Crude Oil
Jawaharlal Nehru Port Trust (JNPT), India’s number one container port, created a major record on November 16, 2016, by loading 80,640 MT of ONGC crude oil on a large vessel ‘MT Desh Bhakta’, which was berthed at LB-01 of BPCL-run Liquid Cargo Terminal. This is the highest quantity of crude oil loaded on a vessel at JNPT which has surpassed the previous highest of 80,489 MT loaded on Tanker vessel ‘MT Ratna Urvi’ in June 2012.
MSRC Opened for Safety
International Maritime Organization (IMO) Secretary General Kitack Lim has officially opened the new Maritime Safety Research Centre (MSRC) at the University of Strathclyde in the United Kingdom. In his inaugural address, Mr Lim said that the centre could play an important role in the shift of maritime safety from empirical to risk-informed legislation and goal-based standards. The MSRC is an industry/university partnership…
NYK Scholarships for Maritime Students in China
During the month of November, NYK offered scholarships to 78 outstanding Chinese students in two universities in China. This was the 16th consecutive year for NYK to demonstrate its corporate social responsibility (CSR) through the company’s dedicated support of maritime education. On November 16, an awards ceremony was held at Dalian Maritime University (DMU), where 42 students were recognized for their academic excellence and fine demeanor.