Oil Up as U.S., China hit the Trade War Pause Button
Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world's two biggest economies "on hold". Brent crude futures were at $79.13 per barrel at 0121 GMT, up 62 cents, or 0.8 percent, from their last close. Brent broke through $80 for the first time since November 2014 last week. U.S. West Texas Intermediate (WTI) crude futures were at $71.83 a barrel, up 55 cents, or 0.8 percent, from their last settlement. The U.S. trade war with China is "on hold" after the world's largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Sunday, giving global markets a lift in early trading on Monday.
Former MSC Contractor Sentenced in Bribery Scandal
A former contractor at the Military Sealift Command (MSC) has been sentenced to 87 months for his role in a bribery and fraud conspiracy through which he received nearly $3 million in bribes from approximately 1999 to approximately 2014.Scott B. Miserendino, Sr. plead guilty on January 24, 2018, to one count of conspiracy to commit bribery and honest services mail fraud, one count of bribery, and three counts of honest services mail fraud.Miserendino, formerly of Stafford, Va., was a government contractor at MSC, an entity of the U.S. Department of the Navy that provides support and specialized services to the Navy and other U.S. military forces. According to the plea agreement, Miserendino and Joseph P.
Aucoin Joins Schottel as U.S. GM
Gary Aucoin has joined Schottel Inc. in Houma, La., as the new General Manager. Aucoin is a dedicated sales expert taking over leadership of the growing U.S. subsidiary. Most recently, from 2010, he held the role of account manager at Wärtsilä with responsibility for both new business development and after sales service in the offshore market. These are already strong areas with further growth potential for Schottel in North America. Aucoin holds a master degree in business administration and 15-years of experience in the North American maritime sector.
St. Louis: the heartland’s intermodal hub hosts two industry events
The 5th annual inland IMX show coincides with the first ever FreightWeek STL. For transport professionals, supply chain stakeholders and inland operators alike, there was something for everyone. St. Louis, MO: This week’s IMX inland marine industry tradeshow may have been the primary focus for inland stakeholders, but there were many more reasons to be here in St. Louis. Parallel with and coordinating with the 5th annual event was the weeklong FreightWeek STL event intended to spotlight freight and transportation industries, opportunities and to underscore the St.
Obituary: Joseph E. LeBlanc Jr.
Joseph E. LeBlanc Jr. passed away on June 27, 2014. He was 87 years old. Joe was president of Three Rivers Rock Quarry in Smithland, Ky. (a division of Harbert Construction), Three Rivers Towing, Harcon Barge Lines and Louisiana Limestone during the late 60s and 70s. He also worked later for Luhr Brothers at their St. Genevieve, Mo. Facility and was General Manager for Boyce Machinery in Morgan City, La. for a few years and also worked as a consultant and for NREC in Houma after he retired. Prior to working for Harbert, LeBlanc was employed by Thomson Tractor in Birmingham, Ala.
China: S.China Sea Criticism Could Have Ramifications
International criticism of China over the disputed South China Sea will rebound like a coiled spring, a Chinese diplomat said on Friday, as a U.S. warship visited Shanghai against a backdrop of rising tension in the region. China claims almost all of the energy-rich South China Sea, through which more than $5 trillion of trade passes each year. The Philippines, Brunei, Vietnam, Malaysia and Taiwan have overlapping claims. China's increasingly assertive moves in the waters, including building artificial islands and air strips…
H2O Names Joseph VP of Electrochemistry Division
H2O, Inc., a leading water system equipment provider, has named Marlon Joseph Vice President of its new Electrochemistry Division, announced H2O President Jess Fike. Joseph, based in H2O’s Houston office, will work with clients worldwide to expand the Electrochemistry Division and become a major player in the offshore biofouling and sewage treatment markets. In addition, Joseph will educate customers on the application of the electrochlorination process. With the addition of its new Electrochemistry Division…
An Hour Passed before Japan Authorities were Notified of Fitzgerald Collision
Nearly an hour elapsed before a Philippine-flagged container ship reported a collision with a U.S. warship, the Japanese coastguard said on Monday, as investigations began into the accident in which seven U.S. sailors were killed. The U.S. Navy confirmed that all seven missing sailors on the USS Fitzgerald were found dead in flooded berthing compartments after the destroyer's collision with the container ship off Japan early on Saturday. The Fitzgerald and a Philippine-flagged container ship collided south of Tokyo Bay early on Saturday. The cause of the collision is not known. Multiple U.S.
USCG Interviews Containership Crew after Warship Collision
The United States Coast Guard will on Tuesday start interviewing the crew of a Philippines-flagged container ship which collided with a U.S. warship in Japanese waters killing seven American sailors. The U.S. coast guard investigation is one several into the incident on Saturday involving the guided missile destroyer USS Fitzgerald and the much larger ACX Crystal. The cause of the collision at night and in clear weather is not known. "We are scheduled to interview the crew members," said U.S. Lieutenant Scott Carr told Reuters, referring the crew of the merchant ship.
India, US Meet for First Maritime Security Dialogue
India and the U.S. held the first round of discussions under the recently-constituted maritime security dialogue between officials of Defence and External Affairs ministries and their U.S. counterparts. Assistant Secretary of Defense for Asian and Pacific Security Affairs David Shear, Deputy Assistant Secretary of State for South and Central Asian Affairs Manpreet Anand and Vice Admiral Aucoin, Commander, U.S. Seventh Fleet, met with their Indian counterparts from the Ministry of External Affairs and the Ministry of Defense to discuss strategic maritime security issues.
Japan Investigators Unlikely to be Granted Access to Fitzgerald Crew
The United States will likely bar Japanese investigators from interviewing USS Fitzgerald crew manning the guided missile destroyer when it was struck by a cargo ship in Japanese waters killing seven American sailors, a U.S. navy official said. The Philippines-flagged container ship ACX Crystal and the U.S. warship collided at night just south of Tokyo Bay on June 17. The U.S. deaths were the greatest loss of life on a U.S. Navy vessel since the USS Cole was bombed by militants in Yemen's Aden harbour in 2000. No one was hurt on the cargo ship.
Missing Sailboat Found
The missing 32-ft. sailboat BALANCE has been found 12 nautical miles off St. Joseph, Mich. All aboard the BALANCE are safe. The BALANCE was found by a 47-foot motor lifeboat from Coast Guard Station St. Joseph and a 47-foot motor lifeboat from Coast Guard Station Michigan City, Ind. The BALANCE is currently headed to Jackson Park Harbor under its own power.
U.S. Navy Relieves Seventh Fleet Commander
The U.S. Navy on Wednesday said it had removed Seventh Fleet Commander Vice Admiral Joseph Aucoin after a series of collisions involving its warships in Asia as the search goes on for 10 sailors missing since the latest mishap. Aucoin's removal comes after a pre-dawn collision between a guided-missile destroyer and a merchant vessel east of Singapore and Malaysia on Monday, the fourth major incident in the U.S. Pacific Fleet this year. "Admiral Scott Swift, commander of U.S. Pacific Fleet…
Bollinger Delivers FRC Joseph Tezanos the US Coast Guard
Bollinger Shipyards has delivered the 18th Fast Response Cutter (FRC), USCGC Joseph Tezanos, to the United States Coast Guard on June 22, 2016 in Key West, Fla. The vessel is scheduled to be commissioned in Puerto Rico during August 2016. “We are pleased to announce the delivery of the latest FRC built by Bollinger Shipyards, the USCGC Joseph Tezanos, to the U.S. Coast Guard,” said Bollinger president and CEO, Ben Bordelon, announcing the ship’s delivery. “The fleet of FRCs already in commission have more than proven their worth with tons of narcotics seized…
U.S. Navy Fires Two Commanders After Sea Accidents
The U.S. Navy dismissed two senior officers on Monday after a series of collisions involving Seventh Fleet warships in Asia, citing a loss of confidence in their ability to command. Rear Admiral Charles Williams, commander of Task Force 70, and Captain Jeffrey Bennett, commander of Destroyer Squadron 15, were fired by Seventh Fleet commander Vice Admiral Phil Sawyer, the Navy said. In August, Sawyer replaced fleet commander Vice Admiral Joseph Aucoin, who was fired after the accidents. "Both reliefs were due to a loss of confidence in their ability to command," the Navy statement said.
US Navy Rolls out New Measures after Deadly Collisions
The U.S. Navy has introduced new measures aimed at avoiding a repeat of two deadly crashes in the Asia Pacific region involving its warships and commercial vessels following a review of its practices, the Seventh Fleet commander said on Monday. Vice Admiral Phillip Sawyer’s comments come after a U.S. guided-missile destroyer was slightly damaged at the weekend when a Japanese tug drifted into it during a towing exercise off central Japan, the latest incident in the Pacific this year involving ships from the fleet. The U.S.
Jason Marine CEO to Retire
Joseph Foo Chew Tuck will take over as chief executive officer at Singapore based marine electronics systems integrator Jason Marine Group, following the retirement of long-serving CEO Ronald Tan Lian Huat. On March 31, Ronald Tan Lian Huat will step down as a director of the Jason Marine and its subsidiaries and associated companies after more than 35 years with the group. Company founder Joseph Foo Chew Tuck, who currently serves as executive chairman, will assume the role of CEO from April 1, 2018.
Bollinger Delivers 15th FRC to U.S. Coast Guard
Bollinger Shipyards has delivered the JOSEPH NAPIER, the 15th Fast Response Cutter (FRC) to the United States Coast Guard. The announcement was made by Bollinger’s President & C.E.O., Ben Bordelon. “We are very pleased to announce the delivery of the latest FRC built by Bollinger Shipyards, the JOSEPH NAPIER, to the 7th Coast Guard District in Puerto Rico. The 154 foot patrol craft JOSEPH NAPIER is the 15th vessel in the Coast Guard's Sentinel-class FRC program. To build the FRC, Bollinger used a proven, in-service parent craft design based on the Damen Stan Patrol Boat 4708.
MaK Power for U.S. Tankers
Caterpillar Marine Power Systems will propel a series of 49,000 dwt tankers, built and operated in the US according to domestic Jones Act regulations. Propulsion will be diesel-electric using three MaK 12 M 32 C generating sets equipped with Siemens alternators. Each set will weigh about 120 tons and provide 5760 kWe at 720 rpm. The tankers have been ordered by AHL Shipping Company, San Antonio, Texas, following a charter agreement with Shell Trading (US) Company, Houston, Texas, to transport crude oil, chemicals and products within domestic US trade lanes from 2009/2010. Approximate vessel dimensions: length 188 metres, breadth 32 metres, draft 11 metres, cargo capacity 330,000 barrels.
Littoral OP Tech East - Examining Coastal Operations
The Littoral OPTECH East workshop is being held in Tokyo, Japan this week with the academic leadership of the Littoral Operations Center (LOC) at the U.S. Naval Postgraduate School in Monterey, California. OPTECH East has the support of the U.S. Office of Naval Research Global, and with the participation of the Japan Maritime Self-Defense Force, Swedish Navy and the defense company, Saab. Vice Adm. Joseph Aucoin, who commands the U.S. Navy’s Seventh Fleet, was the keynote speaker for the first day.
Littoral OP Tech East - Examining Coastal Operations
EXPERTS from navies, academia and industry are meeting in Tokyo to examine the unique challenges of operating in the littoral or coastal environment. The Littoral OPTECH East workshop is being held in Tokyo, Japan this week with the academic leadership of the Littoral Operations Center (LOC) at the U.S. Naval Postgraduate School in Monterey, California. OPTECH East has the support of the U.S. Office of Naval Research Global, and with the participation of the Japan Maritime Self-Defense Force, Swedish Navy and the defense company, Saab. Vice Adm. Joseph Aucoin, who commands the U.S.
Heroic Titanic Engineer’s Memorial Restored
Joseph Bell, the Chief Engineer aboard RMS Titanic, is considered national hero for his actions in the ship’s engine room as she met her fate on April 15, 1912. In acts of fearless self sacrifice, Bell, along with his fellow engineers, courageously fought to maintain the ship’s power systems, even when they learned all was lost. Though most of these men died, firsthand accounts revealed their bravery helped to save many lives. An appeal was launched in April 2013 to raise funds to conserve the memorial to Bell and his fellow engineers in Bell’s hometown, Farlam, Cumbria.
Industry veteran Joseph F. Daly, dies at 91
Longtime industry veteran Joseph F. Daly passed away on April 2, 2005. He was 91 years old. Joseph F. Daly began his career in the transportation industry in 1947 when he joined F. W. Hartmann directly out of the armed forces. A veteran of the US Army, Daly enlisted at age 17 and returned from active duty with the rank of Captain after fighting in the Pacific during WWII. Daly later served as President of F. W. Hartmann, a major steamship agent and freight broker that represented Hansa Line, National Shipping Company of Saudi Arabia, Black Star line, Maritima Andina and others. F.W. Hartmann, together with Norton Lilly, would later form Containership Agency Inc. (CAI), a steamship agency representing Italian Line and Mediterranean Shipping Company.