Sub M is here, now what?
Captain Pat Folan outlines the way forward, especially for the smaller towboat firms. It’s not rocket science, but it does involve common sense. July 20, 2018 came and went, and we are all still here – mostly. The reality of Sub M has begun to sink in and for some it signals the end of a business and career. The AWO RCP members, oil movers and early adopters are going to make it. But for some of the ‘Mom & Pops,’ this is looking like a bridge too far.And some of this group are the ones that needed to be weeded out.
Bouchard Takes Delivery of Yet another ATB Unit
Bouchard Transportation Co. announced the delivery of ATB unit M/V Evening Breeze and Barge No. 252 (B. No. 252), respectively, from VT Halter Marine Inc. (VT Halter Marine) and Bollinger Shipyards.M/V Evening Breeze left VT Halter Marine’s Pascagoula Shipyard facility on Tuesday, March 12, 2019, and will meet and pair up with B. No. 252 before sailing to join Bouchard’s fleet service in New York.The Evening Breeze is 4,000hp meeting U.S. EPA-Tier 4 requirements, measuring 112 feet by 35 feet by 17 feet, and equipped with an Intercon Coupler System.
DAPI 101: Outreach and Enforcement
Even as the minimum Random Drug Testing Rate is raised to 50 PCT, the Coast Guard wants its mission to consist of 90% outreach and just 10% enforcement. Really.The domestic waterfront got some less-than-happy news when the U.S. Coast Guard announced that the calendar year 2019 minimum random drug testing rate had been set at 50 percent of covered crewmembers. It’s safe to say that nobody is happy about it, much less the Coast Guard itself.In truth, the Coast Guard had little to say about the matter.
Iran's Oil Tanker Fleet Being Squeezed as Sanctions Bite
Iran is running short of options to replace its ageing fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of doing business with Tehran, Western and Iranian sources said.Since U.S. President Donald Trump reimposed sanctions in November, exploratory talks with South Korea for up to 10 new supertankers have stalled and Panama has also removed at least 21 Iranian tankers from its registry forcing Tehran to put the vessels under its own flag…
Explorer Profile: Sven Lindblad
Profiled in the March 2019 "cruise" edition of Maritime Reporter & Engineering News is Sven Lindblad, intrepid explorer and wildlife photographer Sven Lindblad blazed the trail for environmentally sensitive travelers to Antarctica on Lindblad Expedition’s fleet of cruise ships with National Geographic.You can tell a lot about a man by whom his heroes are, whether famous athletes, virtuoso musicians, brave warriors or movie stars. As we age, we choose our heroes by their moral compass…
Blood: thicker than water?
The late Capt. Beau Payne’s two ex-wives, Isabella and Heidi, unite to run P&L Towing to preserve their family legacy.Behind every good man is a good woman. Or two? In the case of the late Capt. Beau Payne, founder of P&L Towing and Transportation in Miami, Fla., there were three: his two ex-wives, Isabella Clark and Heidi Payne, and his sister, Cathy Sedano.A Miami River Rat, Payne’s sudden death at 52 was a shock to his family and friends. Cathy found her big brother, Beau, dead, apparently of arrhythmia, on March 6, 2017. Payne was the type of man who never went to the doctor.
Two Rescued from Sinking Fishing Vessel
Crewmembers from U.S. Coast Guard Station New London rescued two people after they abandoned their sinking fishing vessel near Fishers Island, N.Y., Sunday morning.At approximately 7:30 a.m., watchstanders at Sector Long Island Sound received a radio call from the crew of a 55-foot commercial fishing vessel stating their boat was taking on water in one of their fish holds.The command center issued an urgent marine information broadcast and launched a Coast Guard Station Montauk…
DTF: Longer Workboat Engine Life Impacts Environment
New Research Doubles Service Life Estimate of Marine Workboat Engines, Reveals Big Opportunities for Diesel Emissions Reductions. New Research also Underscores Cost-Effective Opportunity to Upgrade to New Diesel Engines and Reduce Emissions for Vulnerable Communities. Commercial workboat engines, which are essential for maritime commerce, are staying in service more than two times longer than predicted by the U.S. Environmental Protection Agency (EPA), according to new research from the Diesel Technology Forum (DTF) and Environmental Defense Fund (EDF).
Awilco Appoints New CEO
UK-based drilling contractor Awilco Drilling announced that tha appointment of Jens Berge as Chief Executive Officer (CEO) of the company. Berge will succeed Jon Oliver Bryce."The Board would like to thank Jon Oliver Bryce for his nine years as Awilco Drilling's CEO. At the same time, we are very pleased to announce that Jens Berge has accepted to take over the CEO position" says Sigurd E. Thorvildsen, Chairman of the Board of Awilco Drilling PLC.Jens Berge will assume his new position no later than 4 June 2019.
USCG Rescues Two From Sinking FV
Crew members from Coast Guard Station New London rescued two people after they abandoned their sinking fishing vessel near Fishers Island, New York, Sunday morning.At approximately 7:30 a.m., watch standers at Sector Long Island Sound received a radio call from the crew of a 55-foot commercial fishing vessel stating their boat was taking on water in one of their fish holds.The command center issued an urgent marine information broadcast and launched a Coast Guard Station Montauk…
Imports at Annual Low on Seasonal Lull, Tariff Worries
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.
Ossena to Drive AGCS N. America Growth
Allianz Global Corporate & Specialty (AGCS) said that Baptiste Ossena, Global Product Leader of Hull and Marine Liabilities (HML), will assume additional responsibility as the North American Regional Head of HML, effective April 1, 2019.Relocating to New York from Paris, Ossena will work closely with direct report John Kiernan, the current Head of HML in North America, who will take on the key responsibility for large account management and portfolio steering across the business.Ossena has held his current global role since 2017.
Insuring the Marine Industry’s Risky Work Environment
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…
Lessons Learned: the Bow Mariner Sinking
The 570-foot Singapore-flagged chemical & oil tanker Bow Mariner sank 15 years ago when the ship caught fire and sustained two explosions, resulting in the deaths of 21 out of 27 crew members, 45-miles off the coast of Virginia, Feb. 28, 2004.The vessel was transporting over three million gallons of ethyl alcohol on a voyage from New York to Texas. It had previously carried methyl tert-butyl ether, MTBE, in its other 22 cargo tanks that were discharged in New York.The cause of…
Spotlight on Petroleum Barge Power
Vane Brothers Company is committed to the safe handling and delivery of petroleum and chemical products. John Deere PowerTech marine engines will always be there, when they do.Vane Brothers Company’s white tugboats, distinguished by their large blue “V,” are a familiar sight while pushing barges on the Baltimore waterfront. Founded in 1898 as a quaint ships’ chandlery, Vane Brothers has become a large American marine services firm and a major transporter of oil, asphalt, and other liquid products along the Eastern Seaboard.The company teams 45 robust…
Scorpio Refinances a Kamsarmax Vessel
New York-listed Scorpio Bulkers has entered into a financing transaction in respect of one of its Kamsarmax vessels with an unaffiliated third party.As part of the transaction, the provider of marine transportation of dry bulk commodities will sell a 2015 Japanese built Kamsarmax dry bulk vessel, SBI Samba, for a consideration of $21.4 million and then lease it back from the buyer through a five-year bareboat charter agreement at a rate of $6,850 per day.The transaction also provides…
New Coast Guard Command Center in Maine
Coast Guard Sector Northern New England officially opened a new 24-hour command center Wednesday in South Portland, Maine.Sen. Susan Collins, Atlantic Area Commander Vice Adm. Scott Buschman, and First District Commander Rear Adm. Andrew Tiongson were all on hand for the ribbon cutting ceremony. The command center is the hub for all Coast Guard operations across Maine, New Hampshire, Vermont and parts of New York. Located at Coast Guard Base South Portland, the command center's exterior remained the same, but the interior is completely new.
Hedge Funds Hunt for Shipping Debt
A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before, looking to buy up loans and bonds as banks cut their exposure to the troubled sector.World economy worries and cost pressures are dampening prospects for a proper recovery in many segments of the shipping sector, which has struggled with tough markets for a decade.Meanwhile European banks, particularly German lenders, are trying to offload distressed and performing loans…
Navios Appoints Alexander Kalafatides as Director
The dry cargo vessel player Navios Maritime Partners announced the appointment of Mr. Alexander Kalafatides to its Board of Directors.The international owner and operator of dry bulk and container vessels said in a press release that Kalafatides has nearly 30 years of experience in general management and marketing.Kalafatides also serves as an adjunct professor in International Business at Drexel University. Kalafatides served in the Board of Directors of Navios Maritime Midstream Partners L.P. from 2014 to 2018.Kalafatides received his M.B.A.
Shipbuilding: Chris Allard, CEO, Metal Shark
Metal Shark has arguably been one of the more active and successful boat builders in the U.S. over the last 12 to 24 months, boasting a strong order book and expanding facilities and portfolio. In particular, the company has been able to capitalize on the burgeoning ferry market, today accounting for about a quarter of its business, as Chris Allard, CEO, explains.When you look at the ferry business today in relation to Metal Shark’s business, what do you see?Metal Shark has delivered…
Inside the World's Top Ferry Lines
The ferry business, unlike more industrial parts of the shipping business, touches wide swaths of the world’s population across continents. The membership of Interferry, the leading trade group for the industry, with non-Governmental organization (NGO) status at the International Maritime Organization (IMO) includes 200+ members from all parts of the ferry spectrum. These include passenger ferries (including fast ferries), Ro/Pax and cruise ferries operating globally. In selecting “the best” we looked beyond the league tables of “the most” (passengers) and “the biggest” (fleet size).
Offshore Wind: Good Supply, Growing Demand
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.
CG Investigating Passenger Ferry Grounding
The Coast Guard is investigating a ferry grounding near Atlantic Highlands, NJ, Monday morning.At approximately 7:30 a.m., watch standers at Coast Guard Sector New York Vessel Traffic Service were notified that the 140-foot commuter ferry, with 400 passengers aboard ran aground 200-yards from the pier in Atlantic Highlands, N.J.All passengers were safely disembarked at the ferry terminal pier.Sector New York marine investigators and marine inspectors are scheduled to conduct a structural assessment to ensure the integrity of the vessel prior to returning to operations.No injuries or pollution have been reported.