Japan Plans Retaliatory Tariffs Against US
Japan is considering tariffs on U.S. exports worth $409 million in retaliation against steel and aluminium import tariffs imposed by President Donald Trump, media reported on Thursday.Such a move would signal Tokyo is ready to go beyond backdoor talks and pleas for exemptions from the U.S. duties.It would also add to a growing rift that Trump's "America First" trade policies is creating among major economies, which threatens to slow global trade and business activity.Japan is the only major U.S. ally that did not receive exemptions from Trump's tariff decision.
Damen Introduces New ASD Tug
Introducing the ASD Tug 2913 – compact, powerful and ideal for busy ports. Damen Shipyards Group is launching a new vessel type in its ASD Tug series. The ASD Tug 2913 has been designed primarily as a highly manoeuvrable, powerful tug, ideally suited for busy harbours where space is limited. Petersen & Alpers (Germany) is the launching customer for the new tug, which will be delivered end 2014. The new type answers market demand for more powerful tugs as vessels continue to get larger and for more spacious accommodation.
Concordia Boosts Tanker Biz
To prepare for a gradually strenghthening tanker market, Concordia Maritime decided to participate in three suezmax tankers chartered in by Stena Bulk. The 158,000 dwt vessels were built in Korea between 2012-2014. The contracts are for 12 months, with an option to extend until the end of 2019. After delivery in May and July, the vessels will be employed on the spot market through the Stena Sonangol Suezmax Pool. Concordia Maritime’s share in the vessel charters is 50%. The contracts also include a profit-sharing clause with the contractual partner. “We continue to act based on our belief in a progressively stronger market from autumn 2018 onwards.
Su-Jou Kim New President & CEO STX Europe
STX Europe AS appointed Su-Jou Kim as its new President and CEO. Su-Jou Kim will replace Sang-Ho Shin, and will start in his new position with immediate effect. Sang-Ho Shin joined STX Europe in September 2008, initially as COO, and since May 2009 as President & CEO. Shin has been appointed COO of STX Offshore & Shipbuilding and head of STX's shipbuilding operations in Korea. Shin will remain a Board member of STX Europe AS. Su-Jou Kim has held various management positions within the STX Business Group - most recently as Head of Business Development and Deputy President of STX Corporation. Mr Kim is well known with STX Europe since he spent significant amounts of time with the company in 2008, including holding the position of Chairman of STX Europe AS from September 2008 to March 2009.
Ingalls authenticates keel of DDG 121
Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division authenticated the keel of the guided missile destroyer Frank E. Petersen Jr. (DDG 121) today. The ship, named in honor of the U.S. Marine Corps’ first African-American general, will be the 33rd Arleigh Burke-class (DDG 51) destroyer Ingalls has built for the U.S. Navy. “DDGs are traditionally named after great men and women in the history of our Navy, and the namesake of DDG 121 is a true trailblazer and an American hero,” Ingalls Shipbuilding President Brian Cuccias said at a shipyard ceremony.
Keel Laid for USS Frank E. Petersen
The keel of future guided-missile destroyer USS Frank E. Petersen, Jr. (DDG 121) was ceremoniously laid Feb. 21 at Huntington Ingalls Industries shipyard. Although official construction of DDG 121 began April 2016, the keel laying symbolically recognizes the ceremonial beginning of the ship. The keel was said to be "fairly and truly laid" and was authenticated by D'Arcy Neller, the ship's sponsor, and Donald Brabston, a master Ingalls shipbuilder. "The keel laying is the symbolic first step in shaping our nation's newest destroyer," said Capt.
OSK-ShipTech Acquires Jørgen Petersen
OSK-ShipTech A/S has acquired consulting naval architects A/S Jørgen Petersen who has more than 40 years of experience in ship design and consulting in the marine industry. The acquisition took effect April 1, 2015. Citing strong business development within passenger vessels in recent years, OSK-ShipTech A/S welcomes the expertise and experience of A/S Jørgen Petersen, specialists in smaller passenger ferries. Going forward, the pooling of know-how of the two companies will reinforce OSKShipTech’s position covering the entire span of passenger vessels, the company said. OSK-ShipTech A/S also noted it is at the forefront in using green propulsion technology on smaller vessels.
Securing U.S. Ports Against Terror
The Subcommittee on Technology, Terrorism, and Government Information of the Senate Judiciary Committee conducted a hearing on February 26, 2002 concerning Securing our Ports Against Terrorism: Technology, Resources and Homeland Defense. Captain William Schubert, Maritime Administrator, testified about grants to be provided to critical national seaports to finance the cost of enhancing facility and operational security. Bonni Tischler, Assistant Commissioner, Customs Service, testified about the agency’s Container Security Initiative. RADM Kenneth Venuto, USCG, testified about Maritime Domain Awareness. Richard Steinke, representing the American Association of Port Authorities, discussed efforts by U.S. port authorities to improve security.
SOCP Meeting Scheduled For June
MarAd and the Ship Operations Cooperative Program (SOCP), will host a meeting on June 12-13 at Massachusetts Maritime Academy in Buzzards Bay, MA to consider issues relating to the maritime industry such as alternative fuels, fishing issues, ferry operations and air emissions. Bernardo Obando-Rojas of the Seafarers International Research Center, Cardiff University will discuss Fraudulent Practices for Certificates and Endorsements. Jim Zok, MARAD Associate Administrator for Financial Approvals and Cargo Preference, under whose stewardship SOCP falls, will provide a perspective on SOCP's past, present and future. Additional information regarding the SOCP and the meeting on June 12-13, will be available shortly on the SOCP web site at http://www.socp.org.
Ingalls Begins Building US Navy Destroyer
Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division marked the start of fabrication for the Arleigh Burke-class (DDG 51) destroyer Frank E. Petersen Jr. (DDG 121) for the U.S. Navy. The start of fabrication signifies that 100 tons of steel have been cut. “This is a significant day for our shipbuilders and for the U.S. Navy as Ingalls once again begins fabrication of another destroyer,” said George Nungesser, Ingalls’ DDG 51 program manager. “We have delivered 28 of these ships to the U.S.
Security Dynamics to Expand Consulting Services
In response to dangerous and escalating terrorist threats directed at both the private and public sectors, Security Dynamics LLC – a counterterrorism and risk management consultancy – is expanding in size and scope, according to Chairman and President Kim E. Petersen. The Florida-based firm's enhanced focus will include intermodal transportation, energy and petrochemical facilities, hotels and the hospitality industry, and schools and universities. Security Dynamics LLC, a strategic security and risk management advisory firm renowned for its team of counterterrorism and risk management experts, is increasing its global scope of operations in response to rapidly evolving terrorist and criminal threats, it was announced today by Kim E. Petersen, the firm’s Chairman and President.
Miami Mega-Yacht Marina Selects SeaSecure
Flagstone Property Group was awarded the rights to develop a mega-yacht marina on Miami’s Watson Island by the City of Miami. Mehmet Bayraktar, Chairman and CEO of Flagstone, has said that the project will be completed by the end of 2006. In addition to the super yacht marina, Island Gardens will also include two high-rise hotel towers including fractional residences, a maritime gallery, restaurants, retail shops, and cultural facilities. Once completed, the Island Gardens project will employ more than 1,500 employees. In Miami, Joseph Herndon, Project Director with Flagstone stated that, “Flagstone selected SeaSecure due to their outstanding reputation and the level of experience and expertise found in their consulting and engineering departments.
New Senior Advisors at Security Dynamics
Security Dynamics LLC, a global security and risk management advisory firm, added three new Senior Advisors to its team of Subject Matter Experts. The news was announced by Kim E. Petersen, the firm’s Chairman and President. The new Senior Advisors will compliment Security Dynamics’ current team of experts bringing with them decades of career experience in intelligence, homeland security, infrastructure protection, intermodal transportation security and law enforcement training.
TTI Appoints New President
Total Terminals International (TTI), the West Coast joint-venture terminal operator between Hanjin Shipping and Marine Terminals Corp., announced the appointment of James Kwon as its new president to replace current CEO Y.M. Kim, effective Jan.16, 2004. Kim leaves TTI to join Hanjin's management team in Korea as its senior executive vice president in charge of HR, strategic planning, new business development and general administration. Former Citigroup managing director, Kim led TTI for the last two and half year and transformed this JV into a significant terminal operator on the West Coast with a sharp growth in third-party businesses. “James Kwon brings years of industry experience to Total Terminals,” Kim said.
Petersen to Head Naval Ship Classification Association
The Naval Ship Classification Association (NSCA) has elected Lorenz Petersen, Germanischer Lloyd's Business Segment Manager for Navy Vessels, as Chairman of the Association, at their annual general meeting in Rome. The NSCA is the naval counterpart of the International Association of Classification Societies (IACS). It represents the classification societies to NATO and at the International Naval Safety Association (INSA), a body made up of representatives from both navies and classification societies, which functions as a naval equivalent to the IMO (International Maritime Organization).
Kim Heng Offshore Inks Pact with Iran Marine
The Singapore-based offshore services provider Kim Heng Offshore & Marine has signed a memorandum of understanding with the Iran Marine Fund (IMF)to provide its technical expertise and financing to Iranian offshore marine and oil & gas projects. Based on the MOU, which was signed by Mehrdad Mozaffari, the IMF managing director, and Tan Keng Hoe Melvin, the general manager for supply chain management in Kim Heng, on Monday, the Singaporean company agreed to provide a €400 million finance to develop Iran's marine industries in several phases.
AMS Presents 2014 Safety Awards
Nonprofit maritime trade association American Maritime Safety (AMS) held its 25th Annual Membership Meeting at The Yale Club of New York City on Thursday, October 23, honoring five member companies with Maritime Safety Awards in recognition of their dedication to promoting safe vessel navigation, preserving the marine environment and for their proactive efforts toward achieving safe maritime working practices. Bouchard Transportation Company, Inc. received the Tug and Barge Safety Award…
Petersen Joins Trans Marine Propulsion
Trans Marine Propulsion Systems, Inc. (TMPS), known worldwide for its diesel engine service and engineering capabilities, announced that Jesper Th. Petersen has joined the 29-year-old company as the Senior Technical Superintendent-Manager of 2 Stroke Service. Prior to joining TMPS, Mr. General Manager of MAN Diesel Shanghai Co. Ltd.
Zeaborn Takes Over E.R. Schiffahrt
Hamburg entrepreneur Erck Rickmers has sold his ship management and ship brokerage activities. Effective January 1, 2018, Bremen-based Zeaborn Group acquired all shares in E.R. Schiffahrt GmbH & Cie. KG and shipbroker Harper Petersen & Co. With the takeover, Zeaborn’s shipping fleet under commercial and technical management has been expanded by 61 container vessels and 20 bulk carriers to more than 165 vessels. All staff, approximately 200 employees ashore and 2,800 at sea, will transfer to the Zeaborn Group. Nils Aden, currently chief executive officer of E.R.
Lock & Dam Fire Quickly Doused
A construction crew working off a barge inside the auxiliary lock at Melvin Price Locks and Dam 26 extinguished a fire Thursday morning inside the engine of a crane on their vessel. Battalion Chief Rob Franke, of the Alton Fire Department, said when firefighters arrived, the crew from Massman Construction Co. of Kansas City, Mo., had put out the fire using a hand extinguisher. The city firefighters, though, were at the scene for about a half hour after responding to the 8:45 a.m. call.
Latest Arleigh-Burke Class Destroyer Named
In a ceremony Nov. 9, at Marine Corps Air Station Cherry Point, Secretary of the Navy Ray Mabus announced that the Arleigh Burke-class destroyer, DDG 121, will be named Frank E. Petersen Jr., in honor of the Marine Corps lieutenant general who was the first African-American Marine Corps aviator and the first African-American Marine Corps general officer. In 1950, two years after President Harry S. Truman desegregated the armed forces, Petersen enlisted in the Navy. In 1952, Petersen was commissioned as a second lieutenant in the Marine Corps.
Alps Named Distributor of Petersen Stainless Rigging
Chicago based Alps Wire Rope Corporation has been appointed as a distributor for U.K.-based stainless steel shackle and wire rope fitting manufacturer Petersen Stainless Rigging Ltd. Stock is currently being held for immediate delivery from Alps’ Houston location of Petersen’s high-strength ‘PH’ stainless steel lifting shackles. All Petersen stainless lifting shackles are proof-load tested, marked and certified as standard meaning they are ready to be installed the minute you receive them. “[Alps has] four strategically placed locations in the USA: Houston; Saint Charles, Ill.; Harrisburg, Pa. and Alhambra, Calif., from which they are well equipped to provide excellent service.
Damen Delivers First of New Tug Class
Damen Shipyards Group has delivered the first vessel in its new ASD Tug 2913 class. According to Damen, the 2913 has been developed in response to demand from operators for more powerful tugs capable of handling today’s larger vessels. As well as having a bollard pull of 80 metric tons and total power of 5,050 BKw, the new tug is 29 meters in length and highly maneuverable, making it suited for operations in busy harbors where space is limited. The ASD 2913 has accommodation for 10 personnel across six cabins and with a beam of 13 meters is very stable.