Tokyo Gas Takes First LNG Cargo from Cove Point
Japan received its first shipment of liquefied natural gas (LNG) on Monday from Dominion Energy Inc's newly completed Cove Point export plant, the beginning of a jump in imports from the United States by the world's biggest buyer of the fuel.The docking of the tanker LNG Sakura at Tokyo Gas Co's Negishi terminal near Tokyo is another marker of shifting global energy flows as the United States ramps up exports of gas and oil from shale formations.The cargo is the first of 2.2 million tonnes of LNG a year Japanese companies are purchasing under long-term contracts from Cove Point in Maryland.
4,000th Neopanamax Vessel Transits the Panama Canal
The Panama Canal registered the transit of its 4,000th Neopanamax vessel through the Expanded Canal, underscoring the steady growth of the burgeoning liquefied natural gas (LNG) segment – which began transiting the waterway for the first time following the inauguration of the Expanded Canal.The LNG tanker Maria Energy completed the milestone transit traveling southbound from the Atlantic to the Pacific Ocean on July 29."The steady increase in Neopanamax transits reflect our customers’ confidence in the Expanded Canal…
Panama Canal Expansion Marks Second Anniversary
Today marks Panama Canal's two-year anniversary of the inauguration of its Canal Expansion. It is the largest enhancement project in the waterway’s 103-year history. To date, the Canal has transited 3,745 Neopanamax vessels. The performance of the Expanded Canal’s Neopanamax Locks continues to exceed expectations. The transit of the Canal’s largest cruise ship to date, the Norwegian Bliss, weighing more than 168,000 gross tons and carrying nearly 5,000 passengers. Recording year-on-year growth, in terms of number of transits and total cargo volumes.
GLDD Wins $164 Million in Dredging Awards
Great Lakes Dredge & Dock Corporation (Great Lakes), provider of both dredging services in the United States and environmental and infrastructure services, announced the receipt of a several dredging awards totaling $164 million. the Delaware River Deepening Variation Order (Capital, Delaware, $14.3 million). The scope of work for the four coastal protection projects includes sustenance of beachfronts with sand excavated from off-shore borrow which is then used to rebuild dunes and restore the shorelines eroded by winter storms.
Doubling Down on Domestic Dredging
U.S. Dredgers Weigh in on Infrastructure, U.S. Capabilities and the road ahead.Domestic dredging firms face many challenges in the coming months and years. At the same time, opportunities abound in a market and political climate that seems to beg for infrastructure upgrades, especially when it comes to harbors and inland waterways. Weighing in this edition on all of that – and more – are three U.S.-based dredging firms; Callan Marine, Cashman Dredging, and Weeks Marine.Cranford, NJ-based Weeks Marine, Inc.
Vecchiolla Takes the Helm at VT Systems
ST Engineering announced the appointment of Tom Vecchiolla as President & CEO (Designate) of its US Headquarters, VT Systems. He will take over as President & CEO from General (Ret.) John Coburn on 1 December 2018, who will relinquish his CEO position but remain as non-executive Chairman of VT Systems.Gen. Coburn has been at the helm VT Systems for 17 years since it was set up in 2001 to support the Group’s overseas expansion. Today, the US is the Group’s single largest market outside of Singapore…
Doubling Down on Domestic Dredging
U.S. dredgers weigh in on infrastructure, U.S. capabilities and the road ahead.Domestic dredging firms face many challenges in the coming months and years. At the same time, opportunities abound in a market and political climate that seems to beg for infrastructure upgrades, especially when it comes to harbors and inland waterways. Weighing in this edition on all of that – and more – are three U.S.-based dredging firms; Callan Marine, Cashman Dredging, and Weeks Marine.Cranford, N.J.-based Weeks Marine, Inc.
Montgomery Named CEO of Ports America
New Jersey-headquartered marine terminal operator and stevedore Ports America Group, Inc. has appointed Mark Montgomery as president and CEO. He replaces former president and CEO, Michael Hassing.Montgomery was previously president and CEO of Ports America Chesapeake (PAC) from 2010 to 2014, and currently serves as a senior advisor and operating partner to the Infrastructure Investing strategy of Oaktree Capital Management, L.P. (Oaktree), where he brings more than 30 years of…
Logistec Signs on for 10 Years at Cleveland Bulk Terminal
Logistec Corporation subsidiary Logistec USA Inc. has signed a 10-year agreement with the Cleveland-Cuyahoga County Port Authority to operate the Cleveland Bulk Terminal as of April 2017. Cleveland Bulk Terminal handles dry bulk commodities, principally iron ore pellets destined for steel production on the Cuyahoga River Ship Channel and limestone destined for Ohio power plants. The 45-acre facility began operating in 1997 and is located on the outer harbor of the Port of Cleveland, west of the mouth of the Cuyahoga River. The terminal is directly serviced by Norfolk Southern railroad.
Tradepoint Atlantic Inks License Deal with Host Terminals
Tradepoint Atlantic, a 3,100-acre multimodal global logistics center in Baltimore, Maryland, that features an unmatched combination of access to deepwater berths, railroads, highways, and storage space today announced an exclusive, 10-year agreement with Host Terminals to oversee the vast majority of marine cargo operations. As part of the announcement, $30 million in combined investment toward infrastructure improvements will also be made to the site. This will further Tradepoint Atlantic’s ability to generate a projected 17…
US Authorizes Non-FTA LNG Export from Golden Pass
The U.S. Department of Energy announced that it has signed an order authorizing Golden Pass Products LLC to export domestically produced liquefied natural gas (LNG) to countries that do not have a free trade agreement (FTA) with the United States. Golden Pass is authorized to export LNG up to the equivalent of 2.21 billion cubic feet per day (Bcf/d) of natural gas to any non-FTA country not prohibited by U.S. law or policy from the Golden Pass Terminal near Sabine Pass, in Jefferson County, Texas. With the dramatic increase in domestic natural gas production, the U.S.
Tradepoint Atlantic: Logistics for Offshore Wind Projects
Tradepoint Atlantic, a 3,100-acre multimodal global logistics center in Baltimore that features a combination of access to deepwater berths, railroads, highways and storage space, has issued a statement in connection with the Maryland PSC’s decision to award offshore wind renewable energy credits (ORECs) to U.S. "We are extremely pleased with the decision announced today by the Maryland Public Service Commission (PSC) to award offshore wind renewable energy credits (ORECs) to two developers, U.S. Wind and Skipjack Offshore Energy.
Current and Former WWL Execs Accused of Price Fixing
Two former and one current executive of the shipping company Wallenius Wilhelmsen Logistics AS (WWL) have been indicted on charges of fixing the prices of some international ocean shipping, the U.S. Justice Department said on Tuesday. Former executives Arild Iversen and Anders Boman were indicted in November 2016 along with current executive Kai Kraass, the department said. The indictment was unsealed on Tuesday. Iversen is a former WWL chief executive, Boman was head of the Asian business for WWL and Kraass was Head of Commercial, Region Europe, according to the complaint filed with the U.S.
Freight Train Derails, Sparks Fire in Pennsylvania
A freight train on a CSX Corp line derailed in southern Pennsylvania on Wednesday, the company said, and local authorities said a freight car struck a garage which caught fire and they ordered the evacuation of nearby residents. No injuries were reported after the derailment in Hyndman, about 100 miles southeast of Pittsburgh. The company said trains and shipments would be delayed between Connellsville, Pennsylvania, and Cumberland, Maryland. Harry Corley, an emergency management coordinator for Bedford County…
Port of Baltimore Continues to Set Cargo Records
The Helen Delich Bentley Port of Baltimore’s public marine terminals have for the first time surpassed one million tons of general cargo in one month, handling a total of 1,007,704 tons in May and leapfrogging past the previous record of 923,030 tons set in January. The port also set a record by handling 86,403 TEU (20-foot long) containers in May, besting the previous mark set nearly two years ago. “The Port of Baltimore continues to perform at a very high level and has had a tremendous year so far,” said Maryland Governor Larry Hogan.
NASA, Norway to Develop Arctic Laser-Ranging Station
NASA and the Norwegian Mapping Authority are partnering to develop a state-of-the-art satellite laser ranging station 650 miles from the North Pole that will produce high-precision locations of orbiting satellites, help track changes in the ice sheets and improve the efficiency of marine transportation and agriculture. The Arctic station will be the latest addition to a global network of space geodetic stations, which measure and monitor the size and shape of Earth, its orientation in space, the exact location of points on its surface and how these locations change over time.
US LNG Exports to Increase: EIA
U.S. Energy Information Administration (EIA)'s latest Short-Term Energy Outlook projects that the United States will export more natural gas than it imports in 2017. The U.S. has been a net exporter for three of the past four months and is expected to continue to export more natural gas than it imports for the rest of 2017 and throughout 2018. The nation’ status as a net exporter is expected to continue past 2018 because of growing U.S. natural gas exports to Mexico, declining pipeline imports from Canada, and increasing exports of liquefied natural gas (LNG). The U.S.
Managing the New Panamax Containerships
The explosive growth of international boxships is challenging not only the physical infrastructure of North American ports, but also the very nature of the existing supply chains that they impact. The recent dialogue on container shipping has been all about so-called “mega-ships;” those vessels that with larger capacity than those that are already in service at any point in time. In the container trades, as in tanker and drybulk arenas, ocean-going vessels are one link, albeit an important component, within broader supply chains.
Port of Baltimore Secures EPA Clean Diesel Grant
The U.S Environmental Protection Agency today announced a $978,302 Diesel Emissions Reduction Act (DERA) grant to the Maryland Environmental Services that will be used to upgrade diesel equipment that is used to move cargo at the Port of Baltimore. The project will reduce harmful pollutants impacting near-port communities while improving fuel efficiency. “This funding builds upon the Port of Baltimore’s ongoing efforts to reduce emissions, increase energy efficiency, and promote sustainability,” said EPA’s Mid-Atlantic Regional Administrator Shawn M. Garvin.
New Operator Takes over Baltimore's Seagirt Container Facility
In an agreement reached earlier this year between Ports America Chesapeake and CSX Intermodal Terminals, Inc. (CSXIT), the operational responsibility for CSXIT services at Seagirt Container Transfer Facility was transferred to Ports America Chesapeake in the Port of Baltimore. Accordingly, Ports America Chesapeake will commence these operations on October 31, effectively replacing CSXIT as the lessee and operator of the facility. This transition is designed to immediately enhance…
UniCarriers Americas Expands Regional Sales Team
UniCarriers Americas Corporation (UCA) expands its regional sales team by hiring Aaron C. Boemmel, Michael Paul, Terre Robert Haff and Paul G. West. As a regional sales manager for the northeast, Aaron Boemmel is responsible for strengthening UCA’s dealer network and increasing UCA’s dealer market share. Prior to joining UCA, Boemmel worked as an account manager of equipment sales for Eastern Lift Truck Company. He currently lives in Bel Air, Md., and studied computer science and business at Frostburg State University in Maryland.
TOTE President Chiarello to Retire
TOTE Inc. president and CEO Anthony Chiarello will retire this summer after eight years at the helm and nearly four decades in the maritime industry. “As I look ahead to my 63rd birthday later this year, it is time for me to spend more time with my family and loved ones,” Chiarello said. TOTE said its parent company Saltchuk will make an announcement regarding Chiarello’s successor in due course. Chiarello began his career in stevedoring at ITO, now part of Ports America, in the…
Italian Tanker Officer Receives 8-month Prison Sentence
A senior engineering officer employed by an Italian shipping company was sentenced to eight months in prison for deliberately concealing a vessel’s discharge of oily waste into the sea, U.S. Attorney Paul J. Fishman announced. Girolamo Curatolo of Custonaci, Sicily, the chief engineer of an oil tanker, the M/T Cielo di Milano, previously pleaded guilty before U.S. District Judge Susan D. Wigenton to an information charging him with one count of conspiring to violate the Act to Prevent Pollution from Ships. Judge Wigenton imposed the sentence November 21 in Newark federal court.
Mulherin Receives the Nimitz Award
Matt Mulherin, former executive vice president of Huntington Ingalls Industries and president of Newport News Shipbuilding, was recognized by the United States Navy League today as a 2018 recipient of its annual Fleet Admiral Chester W. Nimitz Award. This award honors an industry leader who has demonstrated the leadership, statesmanship and dedication to the nation that were exhibited by the award’s namesake. Mulherin, who retired from the company in July 2017 after a distinguished 36-year career…
Record-Breaking Year for the Port of Baltimore
38.4 million tons of cargo handled in 2017; the most since 1979 and the third-highest tonnage in its history.With such a busy port environmental factors have to be considered. The Maryland Department of Transportation, Maryland Port Administration has made significant environmental progress to reduce emissions at the port’s public marine terminals in the last several years, including upgrades of older equipment to newer and more efficient tools.The 2018 GreenPort Congress Conference…
Big Slowdown for US Coal Exports -BIMCO
Since Q1 2013, the significance of U.S. coal exports has seen a considerable setback, with 2016 achieving the same levels as 2009. This is due to the long-haul routes carrying coking coal from the U.S. East Coast and U.S. Gulf Coast to East Asia, are not operating to the same extent and the EU is demanding less thermal coal, says shipping organization Baltic and International Maritime Council (BIMCO). When BIMCO first published its story concerning U.S. coal in 2013, U.S. coal exports had the most significant coal trade in the world, measured by metric-ton-miles.