Hornbeck Offshore Services announced its common stock has been delisted from the New York Stock Exchange (NYSE) on December 20, 2019, and that the company began trading on the OTC Pink marketplace effective December 23, 2019.The NYSE announced that Hornbeck stock was was suspended from trading because the company did not maintain an average global market capitalization of at least $15 million
The majority of NY Waterway ferries taken out of service for safety violations last month have returned to regular operations, the U.S. Coast Guard said.On November 24, the Coast Guard revealed that Sector New York marine inspectors determined that 23 of NY Waterway's 32 ferries had damage or discrepancies significant enough to warrant a suspension of service.
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.
The U.S. Coast Guard ordered 23 New York Waterway ferries to suspend service over the last week after a series of inspections found the vessels to be operationally unfit. Coast Guard Sector New York marine inspectors determined the 23 ferries had damage or discrepancies significant enough to warrant a suspension of service.
Marine Highways Gain Traction in the Intermodal Supply Chain.In the United States, landside infrastructure is at a crisis point. Congestion at the big hub ports, exacerbated by imperfect intermodal interfaces with surface transport serving cargo hinterlands is at the heart of the matter.
More than 300 executives from the maritime industry, government and academia filled the conference hall at SUNY Maritime as the State University of New York Maritime College and the Maritime Industry Museum at Fort Schuyler jointly hosted "Offshore Wind Power: Planning For America’s Ocean Energy" today in New York.
“The First Steps in Mitigating Contemporary Risks to our Strategic Sea Lines of Communication”It is indisputable that the world’s economy floats on seawater. It is equally indisputable that international maritime transportation is the tool that keeps the global economy moving. The world economy has surged over the last half century
The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced the designation of nine Marine Highway Projects and a Marine Highway Route that will benefit Connecticut, Florida, Michigan, New York, Oregon, Texas, Virginia, Washington State and American Samoa. Marine highways are navigable waterways that can be used as alternate options to traditional shipping methods.
Operations to recover oil from a World War II-era shipwreck are nearing completion after commencing on May 11, 2019 off the coast of Long Island, N.Y., the U.S. Coast Guard said on Thursday.The sunken vessel, Coimbra, was a supply ship owned by Great Britain that was torpedoed by a German U-boat off the coast of Long Island during World War II.
On Thursday, May 9, 2019, Total Lubmarine brought its "Total Global Sulfur Cap Forum" to New York City, a meeting including of Total Lubmarine business and technical executives and shipowners.The event, held aboard the historic Aircraft Carrier Intrepid Museum, gathered a full-house of local shipowners
“A new industry is being established in New York, with the primary stimulus being a state-driven procurement process.”New York State Public Service Commission (PSC), July 12, 2018.To a great extent, this PSC comment provides direct insight into the dynamics behind New York’s pace-setting moves to establish offshore wind.
Hybrid is not only here, it is growing, and with that growth it will soon reach far beyond coastal applications.For those who were around for the arrival of Y2K, you will remember the anticipation, preparation and perspiration as the maritime world waited for the failure of communications, navigation, security and machinery associated with the digital change of the clock.