Marine Link
Thursday, March 28, 2024
SUBSCRIBE

John C Martin News

15 Jan 2020

A New Plan for Queen Mary

Queen Mary docked in Long Beach, Calif. (Photo: Urban Commons)

A new plan is being formulated to preserve and improve one of the world's most historic and well-known vessels.The record-setting superliner Queen Mary has been sitting permanently moored in Long beach, Calif. since its removal from transatlantic service in 1967. A 2015 survey revealed the once glorified liner has been in an escalating state of disrepair, but estimates detailing the extent of work needed have varied.Long Beach Mayor Robert Garcia said in his State of the City…

09 Apr 2016

U.S. Ports Plan Big Investments in Capital Projects - Survey

Survey Shows U.S. Ports Plan Big Investments In Capital Projects. In its just-released 2016-2020 Port Planned Infrastructure Investment Survey, the American Association of Port Authorities (AAPA) – the unified and recognized voice of seaports in the Americas – asked its U.S. member ports how much they and their private-sector partners plan to spend on port-related freight and passenger infrastructure over the next five years. The answer was a whopping $154.8 billion. AAPA then contrasted that number with what it believes is the “best-case” scenario for investments by the federal government into U.S. ports, including their land- and water-side connections, through 2020. The answer was just $24.825 billion.

06 Apr 2016

US Ports Planning Big Investments -Survey

Photo: Port of Houston Authority

Survey shows U.S. In its just-released 2016-2020 Port Planned Infrastructure Investment Survey, the American Association of Port Authorities (AAPA) asked its U.S. member ports how much they and their private-sector partners plan to spend on port-related freight and passenger infrastructure over the next five years. The answer was a whopping $154.8 billion. AAPA then contrasted that number with what it believes is the “best-case” scenario for investments by the federal government into U.S. ports, including their land- and water-side connections, through 2020.

21 Apr 2015

US Ports Boost Economic Impacts

Photo: Port of Los Angeles

Since last nationwide analysis in 2007, U.S. Lancaster, Pa.-based Martin Associates, a provider of economic and strategic assessments of the world’s transportation systems, released the results of its latest economic impact study of United States seaports. Dr. John Martin, Martin Associates’ president, debuted his firm’s 2014 National Economic Impact of the U.S. Coastal Port System report during the second day of the American Association of Port Authorities’ (AAPA) 2015 Spring Conference in Washington, D.C.

21 Apr 2015

U.S. Ports Account for 26% of Nation’s Economy

From 2007 to 2014, the total economic value that U.S. coastal ports provide in terms of revenue to businesses, personal income and economic output by exporters and importers rose 43 percent to $4.6 trillion. This accounted for 26 percent of the nation's $17.4 trillion economy in 2014, up from 20 percent of its $16.1 trillion economy in 2007, says a study titled, '2014 National Economic Impact of the U.S. Coastal Port System', released by Martin Associates for the American Association of Port Authorities' (AAPA). In the seven years since Martin Associates' last nationwide ports economic impact study, the contributions of America's seaports to the nation's economy have risen dramatically.

26 Jan 2012

Mica is AAPA 'Port Person of the Year'

U.S. Rep. John Mica

U.S. Rep. John Mica To Accept AAPA ‘Port Person Of Year’ Award At March 20 Event Luncheon. AAPA Centennial ‘Spring Conference’ Speakers Will Focus On Raising Priorities For Freight Infrastructure. U.S. Congressman John Mica (R-FL) will be honored on March 20 as the American Association of Port Authorities’ (AAPA) “Port Person of the Year” during the association’s 100th anniversary Spring Conference event, March 19-20, at The Renaissance Washington, DC Downtown Hotel. Celebrating its first century as the Western Hemisphere’s leading trade association representing port authorities…

05 Dec 2001

Cal Dive Agrees to Acquire Robotics Company

Cal Dive International, Inc. announced that it has agreed to acquire 85 percent of Canyon Offshore, Inc., a supplier of remotely operated vehicles (ROVs) and robotics to the offshore construction and telecommunications industries. Cal Dive would purchase the remaining 15 percent at a price to be determined by Canyon's performance during the years 2002 through 2004. The purchase price from $66 million $74 million is four to five times expected Canyon EBITDA. Hart Scott Rodino filing, is expected to close before year-end. Owen Kratz, chairman and chief executive officer of Cal Dive, said, "Acquiring Canyon will be a vertical integration which flows from the CDI policy of directly controlling all aspects on the critical path of significant projects. John S.

28 Aug 2007

New Study Details Economic Benefits of U.S. Seaports

Last year, United States deep-draft seaports and seaport-related businesses generated approximately 8.4 million American jobs and added nearly $2 trillion to the economy, according to a just-completed study by a Lancaster, Pa.-based business consulting service that specializes in port-sector economic impact studies. Based upon 2006 U.S. port cargo statistics and thousands of recent port-sector interviews, Martin Associates late this month completed an in-depth study into the economic impacts of coastal and Great Lakes ports, examining aspects ranging from jobs and wages to business and tax revenues. Of the 8,397,301 Americans working for ports and port-related industries in 2006…