New Jersey News

08 Mar 2019

Imports at Annual Low on Seasonal Lull, Tariff Worries

File Image: CREDIT AdobeStock / © Nightman 1965

With the retail industry in its annual lull between seasons and plans for a tariff increase on hold, imports at the nation’s major retail container ports are expected to drop to their lowest level in almost a year this month, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.“Now that the holiday season is over and summer has yet to crank up, this is the quiet time of year for retail supply chains,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.

08 Mar 2019

DOT's Marad: Small Shipyard Grant Program Underway

File Image: CREDIT AdobeStock / © Burnel11

Marad announces Small Shipyard Grant Application deadlines, conditions and rules.Under the Small Shipyard Grant Program, $19,600,000 is currently available for grants for capital and related improvements to qualified shipyard facilities that will be effective in fostering efficiency, competitive operations, and quality ship construction, repair, and reconfiguration. This notice announces the intention of the Maritime Administration to provide grants to small shipyards. Catalog of Federal Domestic Assistance Number: 20.814.Potential applicants are advised that it is expected…

01 Mar 2019

Insuring the Marine Industry’s Risky Work Environment

File Image / CREDIT: AdobeStock / © Currahee Shutter

From high-traffic ports to bustling boatyards, and busy shipyards to expanding marinas, marine professionals operate in a challenging environment. They work on land, on or around water, and are exposed to all kinds of weather. And the challenges won’t ease up any time soon. Our nation’s ports continue to expand as trade surges. Add in increased commercial vessel traffic and recreational boating, and it’s clear that marine businesses have to be in shipshape condition. It means that the marine insurance industry has to stay on its toes too…

28 Feb 2019

U.S. Army Corps Selects 10 Beneficial Use Pilot Projects

River Raisin Dredging, Monroe, Michigan

At the end of December, the U.S. Army Corps of Engineers (ACE) announced its selection of ten dredging projects that will form the core of a pilot program to advance the beneficial use of dredged material.The recent U.S. Army Corps of Engineers’ announcement culminated a program required by Congress, established within the Water Resources Development Act (WRDA) of 2016, specifically Section 1122. Congress directed that the ten pilot projects selected were required to present environmental…

14 Feb 2019

Maersk, PBF Logistics in Low Sulfur Fuel Deal

Maersk and PBF Logistics LP announce agreement for production and storage of 0.5% sulphur fuel on the U.S. East CoastPBF Logistics terminal facility in New Jersey to deliver approx. 10% of A.P. Moller – Maersk’s annual fuel demand as Maersk continues preparations for the International Maritime Organization’s (IMO) 2020 global sulfur regulation.A.P. Moller - Maersk and PBF Logistics LP announced an agreement for Maersk to source and PBFX to process crude oil at CPI Operations LLC, a PBF Logistics LP terminal facility in New Jersey, United States.The agreement enables Maersk Oil Trading to supply IMO 2020-compliant 0.5% marine fuel to its customers on the US East Coast. Annual production will be around 1.25 million metric tonnes (mt), the equivalent of approx. 10% of A.P.

13 Feb 2019

Offshore Wind: Good Supply, Growing Demand

© iweta0077/AdobeStock

In its 2019 “Annual Energy Outlook” the US Energy Information Administration (EIA) projects that electric generation from renewables (wind, solar, hydro) will go from 500 billion KWh in 2018 to 1500 billion KWh in 2050, just 30 years from now.“The AEO highlights the increasing role of renewable energy in the US generation mix,” said EIA Administrator Linda Capuano. “Solar and wind generation are driving much of the growth. In fact, our reference case projects that renewables will grow to become a larger share of U.S.

13 Feb 2019

Maersk Acquires Customs Broker Vandegrift

Image: Vandegrift

Danish shipping giant A.P. Moeller-Maersk A/S has acquired Vandegrift, a US-based customs house broker,  as the ocean container line pushes further into land-based logistics services and operations. This is the first acquisition of the year in the fast-growing logistics sector.“Vandegrift’s expertise and reputation enables us to place a trusted advisor in front of our customers to design and build individualized Customs Brokerage and Compliance programs that identify risk and provide solutions.

23 Jan 2019

New Jersey Opens Offshore Wind Tax Credit Program

Image: Orsted

The New Jersey Economic Development Authority (NJEDA) announced that companies making a capital investment in offshore wind-related facilities in New Jersey can now apply for tax credits through the state’s Offshore Wind Tax Credit Program.According to NJEDA, the Offshore Wind Tax Credit is a financial tool designed to spur private capital investment and employment growth in major land-based projects related to offshore wind. It provides reimbursement for eligible capital investments…

14 Jan 2019

BIMCO: US Box Imports Break Records Despite Uncertainty Ahead

Peter Sand, BIMCO’s Chief Shipping Analyst

Container imports on both the US East Coast (USEC) and West Coast (USWC) had a strong year in 2018, growing 3.7% and 8% respectively in the first 11 months of the year compared to the same period in 2017.Record high levels of inbound laden containers were experienced on both coasts in October with the USWC at 1.09 million TEU and the USEC at 0.91 million TEU according to BIMCO’s own data.The first two months of 2018 saw the USWC coast’s laden imports increase 11.7% from the start of 2017, with the accumulated growth rate then stabilising to around 4% for the rest of the year.

13 Jan 2019

NY-NJ Port to be First to Use Electric Straddle Carrier in the US

Pic:  The Port Authority of New York and New Jersey

The Port Authority of New York and New Jersey will conduct the first test at a U.S. port of an electric vehicle to move cargo containers by the end of this year.According to a press release from the port authority, this initiative is to meet aggressive targets for greenhouse gas emissions reductions set forth in the Paris Climate Agreement.A straddle carrier is a piece of terminal yard handling equipment that is used to move cargo containers by first straddling the container and then lifting it up and driving over the back of a truck to place the container on the chassis…

02 Jan 2019

Ørsted Bids to Build NJ's First Offshore Wind Farm

Image: Ocean Wind

Danish energy company Ørsted submitted a bid to the New Jersey Board of Public Utilities (NJBPU) to build an offshore wind farm in response to the first offshore wind request for proposal under Gov. Phil Murphy’s clean energy agenda.Ørsted, the global leader in offshore wind energy, has pioneered and refined the approach to developing and constructing offshore wind farms since it launched the world’s first offshore wind farm in 1991.Ørsted owns and operates the Block Island Wind Farm…

01 Jan 2019

Kalmar to Deliver Straddle Carriers to Maher Terminals

Pic: Kalmar

The marine industry equipment manufacturer Kalmar is to deliver a further order of straddle carriers to Maher Terminals LLC for use at their marine container terminal located in the Port of New York and New Jersey.According to a press release from Kalmar, part of Cargotec,  the order of 26 straddle carriers was booked in Cargotec's 2018 second quarter order intake, and delivery is scheduled to take place during Q1 of 2019.Maher Terminals is one of the largest privately held, multi-user container terminal operators in the world.

19 Dec 2018

EDF, Shell Form JV for New Jersey Offshore Wind

Image: EDF Renewables

The independent power producer EDF Renewables North America and  Shell New Energies US,  offshore wind company in the U.S,  have formed a 50/50 joint venture, Atlantic Shores Offshore Wind to develop a lease area within the New Jersey Wind Energy Area (WEA).The area, spread over 183,353 acres and located off the coast of Atlantic City  on the U.S. Outer Continental Shelf (OCS), has the potential to produce about 2,500 megawatts of offshore wind energy - enough to power close to one million homes…

15 Dec 2018

BOEM "Blown Away" by Record U.S. Offshore Wind Auction

 A U.S. government auction for three wind leases off the coast of Massachusetts ended on Friday with record-setting bids totaling more than $400 million from European energy giants including Royal Dutch Shell Plc and Equinor ASA.. Photo: 
© benoitgrasser/AdobeStock

A U.S. government auction for three wind leases off the coast of Massachusetts ended on Friday with record-setting bids totaling more than $400 million from European energy giants including Royal Dutch Shell Plc and Equinor ASA.The Bureau of Ocean Energy Management (BOEM) announced the sale's three winners - Equinor Wind US LLC, Mayflower Wind Energy LLC, and Vineyard Wind LLC, at the conclusion of the two-day sale that attracted 11 bidders and lasted 32 rounds.Mayflower is a joint venture owned by Shell and EDP Renewables, a division of Portugal's EDP.

12 Dec 2018

2018 Green Apple Spill Exercise

Committed to providing tugboat and towing vessel operators with a platform to meet regularity requirements and collaborate with local resources, the annual event also reminds us that Proper Planning Prevents Poor Performance.On September 28 2018, American Marine Associates, LLC (AMA) coordinated and hosted the 3rd annual Green Apple Spill Response Exercise in Bayonne, NJ. The Green Apple Spill Response exercise was established specifically for the tugboat and towing vessel industry operating in New York Harbor.

10 Dec 2018

Fishing Vessel Sinks in New Jersey

U.S. Coast Guard photo, courtesy Station Manasquan Inlet

The U.S. Coast Guard said it is monitoring the salvage of a partially-sunken commercial fishing vessel in Manasquan Inlet, N.J.Watchstanders in the Coast Guard Sector Delaware Bay command center received notification at 2 a.m. Saturday that the 44-foot fishing vessel Miss Kathleen allided with the northern Manasquan Inlet jetty and was taking on water with three people and a dog aboard.The Miss Kathleen’s captain intentionally grounded the vessel on Dog Beach, about 20 yards outside the channel.

03 Dec 2018

Moose to the Rescue

This West Coast boat builder stays busy creating high quality fireboats for a diverse set of demanding, multi-missioned first responders. For Moose customer satisfaction is the name of the game. This year, they’ve got that box checked.Vallejo,CA-based Moose Boats builds aluminum catamaran and monohull vessels designed to meet a variety of mission-specific applications for military, law enforcement, emergency response, firefighting and security patrol purposes. It’s been a busy year for Moose…

02 Dec 2018

New Jersey Board of Public Utilities Backs Offshore Wind

Image: Orsted

The New Jersey Board of Public Utilities (NJBPU) is remaining committed to supporting the state’s goals of generating 3.5GW of offshore wind by 2030 and reaching 100% of renewable energy by 2050.The Offshore Wind Supply Chain Networking Event at Princeton University’s Andlinger Center for Energy and Environment provided information about the state’s plans for offshore wind, supply chain opportunities, available incentives, and workforce development programs.The event was co-sponsored by the New Jersey Economic Development Authority…

26 Nov 2018

Damen: New Fast Crew Supplier for US Market

(Image: Damen)

Damen Shipyards Group has unveiled a new vessel design geared toward the developing offshore wind market in North America: the Fast Crew Supplier (FCS) 3410 service accommodation and transfer vessel (SATV).The new design builds on Damen designs that have been proven in the European renewables market. The main premise is the patented Damen Twin Axe bow design, which combines the Axe Bow with a catamaran hull to allow the vessel to cut through waves instead of slamming, thereby improving seakeeping and onboard comfort.

21 Nov 2018

Humphree: Steady as She Goes

Humphree makes inroads in North American markets with vessel stabilization technology.If you haven’t yet heard of Humphree – the Sweden-based supplier of vessel stabilization systems – then, more than likely, that’s about to change. The firm’s penetration into the North American commercial and leisure marine market has seen its equipment on several vessels, including high-profile deployments like the new Seastreak high-speed commuting ferry.Founded in 2002 by a team of hydrodynamic and marine engineers…

15 Nov 2018

COWI Expands in US Offshore Wind Energy

Image: COWI

In a major developement, international consulting group COWI announced it plan to increase its presence in the USA significantly with the consultancy contract with Vineyard Wind in Massachusetts – the first major US offshore wind energy project.The Denmark-based specialist in  engineering, environmental science and economics said in a release that the project is part of a masterplan to construct 10 GW offshore wind farms.The next seven years will see 10 GW offshore wind farms be developed on the northern East Coast – including Massachusetts…

29 Oct 2018

Seabury Maritime Expands Executive Team

Image: Seabury Maritime

The global maritime and transportation investment bank and industry advisory Seabury Maritime PFRA (SMPFRA), a division of Seabury Capital Group, announced the appointment of Fernando Lehrer as Executive Director, Head of Marine Services, and Nikos Petrakakos as Vice President, Head of Maritime Environmental Innovation.Lehrer and Petrakakos are joining the SMPFRA’s leadership to further advance the company’s strategy to provide an integrated platform to its clients that delivers…

17 Oct 2018

MHI Vestas to Provide Turbines for EDF Renewables New Jersey Offshore

Image: MHI Vestas Offshore Wind

EDF Renewables North America has selected MHI Vestas Offshore Wind as the preferred supplier for the Nautilus Offshore Wind project off the coast of Atlantic City, New Jersey.The pioneering offshore wind project, the first in New Jersey, has plans to feature three V164-8.3 MW turbines from MHI Vestas, taking the company’s V164 platform to the US offshore wind market for the first time.Nautilus Offshore Wind’s installation timetable is ahead of other US projects with plans to be…

Maritime Reporter Magazine Cover Mar 2019 - Cruise Shipping

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