Vessel traffic on the Mississippi River returned to normal Sunday as the remnants of Tropical Storm Karen dissipated. U.S. Coast Guard officials rescinded all restrictions on the River and area waterways about midnight, allowing vessels and mariners to resume normal operations…
Cargo operations at Port of New Orleans terminals continued uninterrupted today, despite the closure of Southwest Pass at the mouth of the Mississippi River in anticipation of affects from Tropical Storm Karen.“The entire Port community…
Vijay Kamath, Senior Vice President and Chief Commercial Officer (CCO) at First Ship Lease Trust (FSL Trust), will depart the company October 4, 2013 to pursue other career opportunities.Mr. Kamath was responsible for new business development…
Federal Maritime Commissioner William P. Doyle addressed attendees of the Center For Strategic and International Studies (CSIS) Arctic Maritime Awareness seminar on September 27, 2013. The seminar, held at the Finnish Embassy in Washington, DC…
At the inaugural recent Tradewinds Jones Act Forum, MARAD Acting Administrator Paul 'Chip' Jaenichen discussed the changes affecting the coastwise U.S.-flag maritime industry -- also known as the Jones Act fleet. Extracts follow:Since its enactment…
International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average 1.8% in 2012. This compares with the 2.1% average rise in costs recorded for the previous year. There…
AMEC Kromav, the Rio de Janeiro-headquartered specialist company for shipbuilding and offshore activities, has urged Russian industry to take full advantage of Brazil’s multibillion dollar offshore industry opportunities.In a comprehensive presentation at NEVA in St Petersburg…
Opportunities for Shipbuilders and Repair Yards In a Huge & Growing MarketSince the beginning of this year, orders have been placed for 17 floating production systems. The combined value of the fabrication contracts exceeds $16 billion.…
Overall confidence levels in the shipping industry held firm over the three-month period to August 2013, maintaining the highest level reached since November 2010, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens…
Commissioner William P. Doyle of the Federal Maritime Commission, has given the keynote address at the Eno Center for Transportation Forum on the Panama Canal entitled: Lessons Learned and Implications for World Commerce. His comments on the future of the canal's LNG trade are also extracted below…
On November 12, 2013, the Seamen’s Church Institute (SCI) and SafeMARINER, LLC will host “Zero Incidents through Training, Competency & Continual Improvement,” an industry conference for key players in inland American maritime transportation…
Odfjell Terminals, a leading global storage provider for chemicals, petroleum products and gases, is pleased to announce the appointment of David Ellis as President, effective immediately. Mr. Ellis will be responsible for the leadership of Odfjell Terminals' global activities…
General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics, has entered into a contract with Seabulk Tankers, Inc., a wholly owned subsidiary of SEACOR Holdings Inc., for the design and construction of two 50,000 deadweight ton LNG-conversion-ready product carriers each with a 330…
In a recent decision, the Commercial Court held that a shipowner's refusal to allow two VLCC's nominated by the charterers to carry out STS transfer operations was unreasonable. The decision was noted by Hattie Sumption, partner at Clyde & Co…
One year after Hurricane Isaac scattered more than a hundred ships and vessels in the Lower Mississippi River, the United States Coast Guard (USCG) honored two New Orleans-Baton Rouge Steamship Pilots (NOBRA) for their fearless actions in braving…