The U.S. Army Corps of Engineers (USACE), Marine Design Center (MDC) will soon be releasing a sources sought notice for the construction of the Mat Boat, a 188 x 74 x 10-ftl. deck barge, for the Mat Sinking Unit (MSU) located on the Mississippi River. The barge is to be built to American Bureau of Shipping (ABS) Rules for Service on Rivers and Intracoastal Waterways.
Adm. Philip S. Davidson, commander of U.S. Indo-Pacific Command (USINDOPACOM), became the Navy’s newest “Old Salt” during an award presentation Oct. 22 at the Pentagon.The “Old Salt” award is given to the active duty officer who has held the Surface Warfare Officer (SWO) qualification for the longest amount of time."It is a tremendous honor to receive this award.
Mississippi shipbuilder VT Halter Marine, Inc. said it has secured a new contract to build an articulated tug barge (ATB) tug with an option for a second vessel for Bouchard Transportation Co., Inc.Construction of the new vessel, M/V Evening Stroll, begins immediately at the builder’s Pascagoula, Miss. shipyard, with delivery scheduled for December 2019.
U.S. oil prices edged up on Tuesday, rising back past $70 per barrel, after two Gulf of Mexico oil platforms were evacuated in preparation for a hurricane.U.S. West Texas Intermediate (WTI) crude futures were at $70.04 per barrel at 0034 GMT, up 24 cents, or 0.3 percent from their last settlement.
The liquefied natural gas (LNG) trade is expected to achieve further growth of 11 percent for 2018, according to a recent report from Clarksons Research. The forecast comes on the heels 2017's 9 percent growth to 929mt. By comparison, the LNG trade averaged 0.3 percent growth from 2012 to 2015.
Portland, Ore. shipbuilder Gunderson Marine announced today that it has secured an order from Tampa. Fla. based energy transportation firm Overseas Shipholding Group, Inc. (OSG) for the construction of a 204,000 barrel capacity tank barge for delivery in the second quarter of 2020.
Al Seer Marine and Rafnar, Icelandic marine technology innovators and designers of the Rafnar Hull, have completed a record-breaking 42-hour circumnavigation of Iceland.This news follows the firms' recent partnership announcement for the licensing of the Rafnar Hull. The challenge of circumnavigating Iceland in a small open RIB was an opportunity for Al Seer Marine to gain firsthand experience
The new study by the Department of Transportation Great Lakes - Saint Lawrence Seaway says that shipping supports more than 237,000 jobs and billions in economic activity.A year-long study of the economic impacts of the entire Great Lakes-St. Lawrence Seaway navigation system is a definitive and detailed report documenting the many contributions made by the Great Lakes Seaway system to federal
There's nothing like New York City for a maritime event, and McAllister Towing and Transportation Co., Inc., one of the historic family-run companies serving the industry for more than 150 years, held a signature ceremony and party last night at Pier 16 in Manhattan with the christening of two tugboats, the Rosemary McAllister and the Capt. Brian A.
With the industry hoping for better “grades” after the “effort” of recent years, this week’s Analysis updates our half year shipping report showing a ClarkSea Index up 9% y-o-y but still below trend since the financial crisis (see Graph of the Week). After comments of “must do better” and “showing potential” in recent years
Maersk Line, a part of A. P. Moller-Maersk, acknowledged that the United states has announced it will cease its participation in the joint comprehensive plan of action (JCPOA), and re-impose Sanctions on Iran following a wind down period. Maersk will respect U.S. regulation on Iran, and has initiated preparations to ensure compliance before the wind-down period expires.
McAllister Towing has taken delivery of Rosemary McAllister, the second in a series of four 100’ x 40’, 80 metric ton bollard pull tugboats. The new vessel, the 32nd tractor tug in McAllister’s fleet, was completed at Eastern Shipbuilding in Panama City, Fla.The Rosemary is powered by 3516E Tier IV Caterpillar engines with twin Schottel SRP4000FP units.