Offshore Wind: Decisions Needed Sooner, not Later
On September 26, the State University of New York Maritime College hosted a conference on the emerging east coast offshore wind industry. “Offshore Wind Power, Planning for America’s Ocean Energy” focused on four fundamental topics:• East Coast Wind Farm Overview – Status of the Industry.• Jobs and Supply Chain Technical Working Group.• Wind Farm Port Development.• Offshore Wind Maritime Operations.In some ways, actually clocking in for a day’s work on an offshore wind turbine is tantalizingly close. Ditto for power flowing from an offshore substation to a mainland interconnection.
RAL to Design Tug for Modutech Marine
Canadian marine engineering services firm Robert Allan Ltd (RAL) said that it has been awarded a contract by Modutech Marine Inc. of Tacoma, Washington to design a new version of the commercially successful RAscal 1800-Z tugs for the United States Navy.According to the consulting naval architectural firm, this award builds on the success of Robert Allan Ltd.’s Z-Tech 4500 design for the US Navy which currently operates six, identified as the YT 802 Class, and has another six tugs…
U.S., China Reach Trade Deal 'in principle'
The White House has reached a "deal in principle" with Beijing to resolve the 17-month U.S.-China trade war, according to a source briefed on the trade talks.The White House was expected to make an announcement later on Thursday, the source said."The written agreement is still being formulated, but they have reached an agreement in principle," the source said. No details were immediately available.In an attempt to secure a "phase one" trade deal, U.S. negotiators offered to cut…
BOATBUILDING: From Estonia with Love
Lyman-Morse Boatbuilding, the classic Maine boat designer and builder will build to Baltic Workboats design for the domestic workboat market.Lyman-Morse Boatbuilding, the classic Maine boat designer and builder will announce at this year’s International WorkBoat Show that it has entered into the domestic workboat market as the Jones Act builder for the Estonian, Baltic Workboats wave piercing pilot boat, currently popular with Danish and Belgian pilots.How do you feel about taking on something as unusual as building a pilot boat designed and built in Estonia…
Chinese Tanker Spurns Malaysian Inspections
An oil tanker, which shipping data showed was managed by a Chinese company under U.S. sanctions, refused to allow an inspection by maritime authorities while anchored in Malaysian waters, Malaysia's maritime agency said.Silvana III's commercial manager is Kunlun Shipping Co Ltd, according to shipping transparency website Equasis.org.Kunlun is one of several firms placed under U.S. sanctions this year for alleged involvement in transporting oil from Iran.The Malaysian Maritime Enforcement Agency (MMEA) said the Silvana III, which anchored off Kuala Kurau on Malaysia's west coast on Dec. 5, did not follow instructions to drop its ladder to allow officers to conduct checks."After several attempts to instruct the ship to drop ladder were not heeded…
Mexico: U.S. and Canada to Sign USMCA Trade Deal
Canadian and U.S. government representatives will arrive in Mexico on Tuesday to sign the United States-Mexico-Canada Agreement (USMCA), Mexico's President Andres Manuel Lopez Obrador said.The three countries have come to an agreement over labor, steel and aluminum, he said at his regular daily news conference. (Reporting by Daina Beth Solomon and Abraham Gonzalez, Editing by Frank Jack Daniel)
INSIGHTS: Sean Fernstrum, President, R.W. Fernstrum
This month, listen in as Sean Fernstrum weighs in on how his firm arrived at its enviable market position, what comes next, and why.Sean Fernstrum is a third-generation owner of R.W Fernstrum & Company. He graduated from Michigan Technological University in 1990 with a Bachelor of Science degree in Scientific and Technical Communications. After college, he came home to Menominee, Michigan and began working as a Technical Writer at R.W. Fernstrum & Company. He has been President of the company for the last 8 years.
Bahri Looks to Make LNG Foray
Saudi Aramco's shipping arm Bahri has issued an expression of interest (EOI) to charter up to 12 liquefied natural gas (LNG) tankers from 2025, its first foray into the superchilled fuel, industry sources said on Monday.No further details were immediately available and Saudi Aramco declined to comment. EOIs are preliminary enquiries that may or may not turn into full-fledged orders.According to Bahri's website, the national shipping carrier of Saudi Arabia has six business units dealing in oil…
Maritime Schools Must Prep for Offshore Wind Jobs
The offshore wind industry in the United States is growing exponentially, with multiple projects in the development stages off of the Atlantic coast. The total megawatt capacity of U.S. offshore wind farms is anticipated to reach 22,000 by 2030 and 43,000 by 2050. To support this growth, U.S. Department of Energy reports estimate over 40,000 new jobs will be created by 2030.The new jobs anticipated to support the offshore wind industry include a wide range of types, including engineers, trade workers, surveyors, scientists, technicians, managers, and seafarers.
AWT, Blount, Chartwell Sign Offshore Vessel Deal
U.S. offshore wind farm support company Atlantic Wind Transfers (AWT) has signed a multi-million-dollar, market-first order for two state-of the-art Chartwell 24 Crew Transfer Vessels (CTVs), developed by Chartwell Marine.The vessels, to be deployed in support of new wind farms off the East Coast, will be built by Blount Boats, with delivery scheduled for 2020."Meeting the demands of U.S. offshore wind developers and asset owners - many of whom have a background in the European sector - requires domestic supply chain firms to capitalise on existing technology…
U.S. Blacklists Six Oil Tankers in New Venezuela-Related Sanctions
The Trump administration on Tuesday blacklisted six oil tankers involved in the shipment of Venezuelan oil to Cuba, the latest in a series of sanctions aimed at pressuring Havana to abandon its support for socialist Venezuelan President Nicolas Maduro.Six vessels belonging to state-run oil company Petróleos de Venezuela SA, or PDVSA, were targeted, according to a statement from the U.S. Treasury Department."Cuba and the former Maduro regime continue trying to circumvent sanctions by changing the names of vessels and facilitating the movement of oil from Venezuela to Cuba…
Fuel Market Calm ahead of IMO Changeover
Fears about a shortage of diesel and other middle distillates stemming from new marine pollution regulations have receded, with distillate premiums falling to some of the lowest levels for two years.From the start of 2020, ocean-going ships will be required to use low-sulphur fuels or employ exhaust gas cleaning systems, known has scrubbers, under pollution control rules approved by the International Maritime Organization (IMO).Fuel traders and shipowners have warned for several…
Joseph Angelo Awarded Global Maritime Prize
The prestigious International Maritime Prize for 2018 has been presented to Joseph J. Angelo, a former United States Coast Guard (USCG) and International Association of Independent Tanker Owners (INTERTANKO) senior executive who participated in International Maritime Organization (IMO) meetings for many years, providing leadership on a number of key regulatory developments.IMO Secretary-General Kitack Lim presented the prize on Monday (25 November) at the annual IMO Awards ceremony.
DOMESTIC DREDGING: U.S. Ports Require a Diverse Fleet
The reasons for that are many and these realities cater to regulatory, commercial and regional needs.The U.S. dredging market is complex and relies on the diverse fleet of private dredging companies to get the job done. In addition to design and technical capabilities, environmental restrictions and regulations often dictate whether a trailing suction hopper dredge, cutter suction dredge, or mechanical dredge can respond to the coastal protection, wetland restoration, port deepening, and channel maintenance needs of the Nation.
"Narcosubmarine" a First for Europe -Spanish Officials
The discovery of a submarine carrying 3,000 kg (3.3 tons) of cocaine off the coast of Spain marks a "historic" turning point in the battle against drug trafficking, Spanish authorities said on Wednesday.Police described it as the first "narcosubmarine" to be intercepted in Europe, adding in a statement that it had been found in waters off the northwestern region of Galicia on Saturday, stuffed with 152 neatly-wrapped bales of cocaine.The estimated street value of the drugs is 100 million euros ($110.22 million)…
US Nearing Energy Independence
In just a few months, the U.S. will be fully energy independent and by 2030, the country's total primary energy production will outpace primary energy demand by 30 percent.According to the Norwegian market research consultancy Rystad Energy, this milestone follows a strong period of growth in both hydrocarbon and renewable resources."We forecast that the US will have primary energy surplus – and not a deficit – by February or March 2020, depending on the intensity of the winter season…
Global FPSO to Grow at Over 19.9%
The floating production systems market worldwide is projected to grow by US$85.1 Billion, driven by a compounded growth of 19.5%.Floating production storage offloading (FPSO), one of the segments analyzed and sized in this study, displays the potential to grow at over 19.9%, said a report by ResearchAndMarkets.The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market.Poised to reach over US$77 Billion by the year 2025…
MJP Appoints Regional Director for Americas
Marine Jet Power (MJP) has appointed Michael Rickey as President and Regional Director of Marine Jet Power, Inc. effective as of December, 2. Rickey will be responsible for business development in the Americas region, where the company holds a corporate office in Blacklick, Ohio.Prior to joining MJP, Rickey enjoyed a 24-year career with American Honda, where he began in 1995 as an assistant manager for export sales. Since then, he has served in several senior roles within the organization from operational to business development. Most recently serving as Senior Manager for Honda Marine.
Boskalis Completes Horizon Acquisition
Dutch dredging and heavylift company Royal Boskalis Westminster has acquired the remaining 37.5% in the United Arab Emirates’s Horizon Group, a company specializing in the provision of marine geophysical surveys and geotechnical services.Earlier this year, Boskalis already acquired 62.5% of the shares. The 2019 revenue is expected to exceed USD 100 million and the activities will be consolidated as of 2020.Following this transaction, Boskalis will be able to optimize its successful…
US: Qatar, Kuwait to Join Naval Coalition
Qatar and Kuwait have told the United States that they will join a U.S.-led naval coalition in the Gulf which was established in response to a series of attacks on oil tankers, a U.S. military official said on Monday."Qatar and Kuwait have already told us they are going to join, so it is just a matter of time," U.S. Army Colonel John Conklin, chief of staff of the coalition, said.The coalition, based out of Bahrain, is known as the International Maritime Security Construct (IMSC)Reporting by Idrees Ali
Qatar, Kuwait Join U.S.-Led Naval Coalition
Qatar and Kuwait have told the United States that they will join a U.S.-led naval coalition in the Gulf which was established in response to a series of attacks on oil tankers, a U.S. military official said on Monday."Qatar and Kuwait have already told us they are going to join, so it is just a matter of time," U.S. Army Colonel John Conklin, chief of staff of the coalition, said.The coalition, based out of Bahrain, is known as the International Maritime Security Construct (IMSC) (Reporting by Idrees Ali Editing by Chizu Nomiyama)
JaxPort Break Ground on Container Terminal
U.S. Department of Transportation Maritime Administrator Rear Adm. Mark Buzby joined elected officials and leadership from Jacksonville Port Authority (JAXPORT) and SSA Marine on Nov. 22 to break ground on a new state-of-the-art international container terminal at JAXPORT’s Blount Island Marine Terminal.The SSA Jacksonville Container Terminal is an expansion of SSA’s current leasehold at Blount Island and includes $238.7 million in infrastructure and equipment upgrades. Operations will continue throughout the redevelopment…
SHI to Pay $75m in Fine: US Justice Dept
South Korean shipbuilder Samsung Heavy Industries Co. (SHI) has agreed to pay $75 million in penalties to avoid prosecution in the United States over its scheme to pay millions of dollars in bribes to Brazilian officials to win a contract.“Samsung Heavy Industries paid millions of dollars to a Brazilian intermediary, knowing that some of that money would be used to bribe high-level executives at Petrobras and obtain a lucrative shipbuilding contract,” said Assistant Attorney General Brian A. Benczkowski of the Justice Department’s Criminal Division.