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BIG JOHN

JFK Towed to Philadelphia for Storage

By Kathleen Roberts, Naval Sea Systems Command Public Affairs The decommissioned aircraft carrier John F. Kennedy (CV 67) is scheduled to arrive March 22 at the Navy's Inactive Ships Maintenance Facility in for preservation and storage. Due to safety and security concerns, the ship will not be open for tours while in storage in . A contracted tug boat began towing the inactive carrier John F. Kennedy from Norfolk Naval Station on March 17. The ship was originally scheduled to be towed to in August 2007, but was instead towed to while the Navy dredged in the vicinity of Pier 4 to further increase the safety of the ship mooring process and the surrounding waterway. The public may view the carrier's journey up the Delaware River from many locations along the river in , , and . These include Gov. Printz Park in Essington, Pa.; Fox Point State Park in Wilmington, Del.; Ft. DuPont State Park, Del.; New Castle Battery Park in New Castle, Del.; Delaware City State Park, Del.; Red Bank Battlefield, Red Bank, N.J.; other public parks between Cape May and National Park, N.J. John F. Kennedy is currently on the Navy's inactive inventory, meaning the ship has been taken out of commission and laid up for safe storage pending a future SECNAV decision regarding the ultimate disposition of the ship. As required by the fiscal year 2007 National Defense Authorization Act


Navy Tows JFK from Norfolk to Philadelphia for Storage

The decommissioned aircraft carrier ex-John F. Kennedy (CV 67) departed Norfolk Naval Station, , March 17 and is currently in tow to the Navy’s Inactive Ship Maintenance Facility in .  The ship is scheduled to arrive at the Navy’s facility on March 20 for preservation and safe storage until a decision is made by the Secretary of the Navy on the carrier’s final disposition. A contracted tugboat will tow the carrier up the East Coast to via the


Betting Big LNG Rates Will Rise

Gas is big and growing, as rates for LNG hauling tanker rise for a third year, fueled in part by demand from Japan. According to a Bloomberg report, rising Japanese demand means that Golar LNG Ltd., which operates nine LNG tankers and is controlled by John Fredriksen, will report a threefold gain in 2012 net income, according to the mean of 11 analyst estimates in a Bloomberg survey. Golar is reactivating four-decade-old mothballed ships after rates doubled in 2011 and are forecast by


LNG Energy Exporters – U.S. Might Top the World

Tthe U.S. could become the largest exporter of LNG in the world, with reservations, providing ... By 2017 the U.S. could be the largest exporter of liquefied natural gas in the world, surpassing leading LNG exporters Qatar and Australia. There is one big "if," however. America can produce more gas, export a surplus, improve the trade deficit, create jobs, generate taxable profits and reduce its dependence on foreign energy if the marketplace is allowed to work and politics


Saint John NB Sees Season's First Cruise Ship

Carnival Glory: Photo credit Wiki CCL

The first cruise ship of the year, 'Carnival Glory' made its way into Saint John Harbour recently bringing 3,000 guests to the Port City The Carnival Glory is the first of 73 cruise ships that are expected to make a stop in Saint John this summer, informs CBC News. More than 187,000 passengers are expected to visit Saint John between now and the end of October. Melanie Colpitts, a spokesperson with Aquila Tours Inc., said it takes all winter to prepare for their arrival


Fredriksen's Firms See Diverging Fortunes

Rig firm Seadrill sees tough market continuing in 2016. Firms in Norwegian-born billionaire John Fredriksen's empire saw contrasting fortunes on Tuesday, as rig firm Seadrill booked $1.8 billion in writedowns while tanker firm Frontline turned around its fortunes after years of turmoil. The shipping tycoon, nicknamed "Big Wolf" or "Big John" in the shipping industry, controls companies spanning offshore drilling, shipping of oil and dry bulk and salmon farming.


Marine Inland Fabricators Delivers Truckable Tugs

Photo courtesy Marine Inland Fabricators

Marine Inland Fabricators, located in Panama City, Fla, specializes in truckable push boats. The company currently has 21 employees and delivered 26 boats in 2009. So far this year, the company we has built 23 push boats.  Marine Inland Fabricators also builds barges and has built work boats as big as 60 ft by 26 ft by eight ft, two of which are currently working in Lake Ponchartrain in New Orleans, La.  We recently filled a seventeen boat order for General Electric to work in the


U.S. Renews Security Pledge to Japan

U.S. Secretary of State John Kerry told Japanese leaders on Monday that Washington's treaty commitments to Japan's security remain "iron-clad" and cover all territories under Tokyo's administration, including tiny islands in the East China Sea that China also claims. Kerry renewed the security pledge related to the islets, known as the Senkakus in Japan and the Diaoyus in China, at a New York news conference with Japan's foreign and defense ministers to unveil updated U.S


Genco Shipping Posts Loss in 2015

Photo: Genco Shipping & Trading Limited

 US-headquartered ship owner Genco Shipping & Trading Limited suffered a massive loss for 2015 just like the rest of the industry. However, the result represents a big improvement from the losses in 2014.   Dry bulk carrier has managed to decrease its net loss to USD 49.5 million in the fourth quarter of 2015, compared to a net loss of USD 164 million seen in the corresponding period a year earlier.  


Pirates Seize Somali Vessel to Use as Floating Base

Pirates have seized control of a Somali fishing boat to use as a base from which to attack larger ships, police said on Friday, a week after Somali pirates hijacked their first commercial vessel since 2012.   Ten Yemeni crew aboard the boat were dumped on shore, officials told Reuters.   "We understand that pirates hijacked the fishing vessel to hijack a big ship off the ocean," said Abdirahman Mohamud


Lloyd’s Register Launches Marine Analytics Service

Lloyd’s Register (LR) has launched its Marine Analytics service with a methodology that will enable companies to obtain value from operational data and connected assets.   According to LR, the biggest challenge associated with data from multiple systems and connected assets


Seattle Kicks Off Its Biggest Cruise Season

Photo: Don Wilson / Port of Seattle

The Port of Seattle has kicked off its biggest cruise season yet with more than one million revenue passengers on 218 vessels, making Seattle the biggest cruise port on the West Coast.   The cruise industry in Seattle is responsible for over $500 million in economic impact to the region


Marshall Islands Court Sets Date for Frontline Case against DHT

File photo: DHT

Oil tanker firm Frontline said on Friday the high court in the Marshall Islands has agreed to hear on May 17 its complaint against takeover target DHT Holdings, which is incorporated in the remote Pacific republic, over a rival deal with BW Offshore.  


New Tug, Barge Enter Service for Vane Brothers

Photo: Vane Brothers Company

Marine transportation provider Vane Brothers has added two newly constructed vessels to the company’s growing fleet: the 4,200-horsepower tugboat Philadelphia and the purpose-built asphalt barge Double Skin 510A.   Primarily tasked with towing petroleum barges engaged in the North


DSME's Bailout Plan Cleared by Pension Fund

Photo: DSME

 South Korea’s National Pension Service (NPS) agreed to a restructuring of bonds issued by Daewoo Shipbuilding & Marine Engineering (DSME).    Reuters reported that this move is expected to help the world’s largest shipbuilder tide over a financial crisis


New Pipe Seal Simplifies Shipyard Safety

St. Johns Ship Building ensures watertight pipe penetrations in decks and bulkheads by using the Roxtec SPM seal. When building the tug Delaware, it also used the seal as vibration hanger in the compartments. (Photo: Roxtec)

St. Johns Ship Building Inc. in Palatka, Fla. ensures watertight pipe penetrations in decks and bulkheads by using the Roxtec SPM seal. When building the tug Delaware, the shipyard also used the seal as vibration hanger in the compartments.  


Daewoo Shipbuilding unlocks $2.6 bln Bailout

File Image (CREDIT: AdobeStock / (c) Carabay)

Bondholders at final meetings agree to debt-to-equity swap; shipbuilder needs about $400 mln in operating funds by April-end.   South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd has won near unanimous agreement from bondholders to swap their debt for equity


Brunswick Celebrates 10-year Safety Milestone

Team BCGP celebrates their safety milestone with an employee gathering last Friday, April 14th.  (Photo: BCGP)

April 14 marked 10-years without a lost time incident for Brunswick Commercial & Government Products (BCGP). BCGP's employees have worked 1,817,000 hours without a lost time incident and maintained a recordable incident rate of zero in 2016.  


St. Johns Delivers for Vane Brothers

Philadelphia is the fifth of eight new tugs being built by St. Johns Ship Building for Vane Brothers (Photo: St. Johns Ship Building)

St. Johns Ship Building has delivered the newly built tug Philadelphia to owner Vane Brothers.   Philadelphia is the fifth of eight new hulls for Vane Brothers in the Elizabeth Anne tug series consisting of 100 feet LOA, 4,200 HP twin screw tugs.  


US Navy to Celebrate Earth Day

Photo: United States Navy

 Performing missions at sea, on land and in the skies daily around the globe, the Navy is a constant presence in the environment. To emphasize stewardship on all fronts, the Navy workforce is taking part in Earth Day-related activities throughout the month of April.   


St. Johns Building Landing Craft Series

Photo: SJSB

Palatka, Fla. shipbuilder St. Johns Ship Building (SJSB) said it is currently constructing the first of three new vessels in a series of 190 foot landing crafts for a Caribbean group.   This vessel will be powered by twin 700 HP Cummings QSK19 with Schlottle rudder propellers


Japan Steelmakers Scramble for Coking Coal

File Image (CREDIT: AdobeStock / (c) Lukasc Z) )

Japanese steelmakers have bought coking coal from the United States, Canada and China to replace supply lost after a cyclone closed rail links in Australia, their biggest supplier, industry and trader sources said.   Still, the Japanese buyers are paying nearly double the $150 a tonnes


Kartsonas Joins Seanergy Board

(Photo: Seanergy Maritime Holdings Corp.)

Dry bulk vessels owner and operator Seanergy Maritime Holdings Corp. has appointed Ioannis “John” Kartsonas as a member of its board of directors, effective May 4, 2017.  Kartsonas has more than 18 years of experience in finance and commodities trading


Frontline Takes Legal Battle over DHT to Marshall Islands

File photo: DHT

John Fredriksen's Frontline is switching its legal battle for control of tanker operator DHT Holdings from New York to the tiny Marshall Islands after making a fifth offer for the company this week.   Frontline, controlled by Norwegian billionaire Fredriksen and owner of a 14


LR Signs Two MoUs at Singapore Maritime Week

LR CEO Alastair Marsh with MPA Chief Executive Andrew Tan following signing of R&D and innovation MoU (Photo:  Lloyds Register)

LR CEO, Alastair Marsh, signed two Memorandums of Understanding (MoU) during Singapore Maritime Week. The first promotes research and development (R&D) and innovation, building upon strong existing collaborations (e.g. enhanced understanding of cargo liquefaction to increase vessel






 
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