US Trade Deficit Narrows for First Time in Six Years
The U.S. trade deficit fell for the first time in six years in 2019 as the White House’s trade war with China curbed the import bill, keeping the economy on a moderate growth path despite a slowdown in consumer spending and weak business investment.The report from the Commerce Department on Wednesday also showed the Trump administration’s “America First” agenda decreased the flow of goods last year, with exports posting their first decline since 2016. President Donald Trump, who has dubbed himself “the tariff man…
Nestlehutt tapped to lead SCI
The Seamen’s Church Institute of New York & New Jersey (SCI) selected Rev. Mark S. Nestlehutt as its new President & Executive Director, succeeding the Rev. David Rider, effective February 18, 2020.With more than two decades of church experience in Massachusetts, Illinois, Maryland, Australia and South Africa, Mark joins SCI from Washington Memorial Chapel in Valley Forge, Pennsylvania where he serves as Rector. His previous employment and interests include service as an officer in the U.S.
GLDD Details $83M in Awarded Work
North America's dredging company Great Lakes Dredge & Dock Corporation (GLDD) announced the receipt of several major dredging awards totaling $ 83 million.David Simonelli, President of Dredging said: “Great Lakes is pleased to announce these important deepening, coastal protection and maintenance dredging awards. These projects will enhance our year-end backlog and position us well for 2020. Working on these projects allows Great Lakes to help strengthen the U.S. economy, infrastructure and further support the protection of our U.S.
PORT PROFILE: Big Baltimore
The Port of Baltimore is poised to muscle its way into the nation’s elite top 10 ports. How that happened really isn’t hard to understand. That’s because what comes next will be the dividend of many years of focused planning.The Port of Baltimore consists of state owned marine terminals managed by the MPA and privately owned marine terminals. Approximately 90 percent of all general cargo tons move through the MPA’s public terminals, while the private terminals handled most of the Port’s bulk commodities.In 2018, the Port of Baltimore (POB) experienced a record year in foreign cargo tons.
PSA International Acquires Penn Terminals
Marking its first foray into the US, Singapore-based port operator PSA International has completed the acquisition of Penn Terminals located on the Delaware River in the U.S. from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets.Penn is a privately owned multipurpose marine terminal on the Eastern Coast of the USA. Penn’s terminal, warehousing and stevedoring services have enabled it to handle its clients’ cargo since 1986.“This acquisition represents PSA’s very first foray into the USA.
U.S. CBP Seizes MSC Gayane following Cocaine Bust
U.S. Customs and Border Protection’s (CBP) Area Port of Philadelphia seized the MSC Gayane Thursday following a record seizure of 20 tons of cocaine on June 17.Upon application from the U.S. Attorney’s Office for the Eastern District of Pennsylvania, the United States District Court for the Eastern District of Pennsylvania issued a seizure warrant for the vessel.On Thursday, July 4, CBP executed the warrant and seized the MSC Gayane. CBP has various seizure and forfeiture authorities under Title 19 of the United States Code (USC).“The MSC Gayane is the largest vessel seized in U.S.
DSS Honors Retlif
Retlif Testing Laboratories, the provider of EMC/EMI, lightning and Environmental Simulation testing and engineering services for maritime, has received the prestigious Cogswell Outstanding Industrial Security Achievement Award from the Defense Security Service (DSS).According to a press release from USA's internationally recognized strategic compliance organization, the Cogswell award recognizes industrial security excellence and outstanding achievement in matters related exclusively to a facility’s security program.Established in 1966, it honors the late Air Force Colonel James S.
Gibbs & Cox Names VADM DeRenzi to BoD
Gibbs & Cox announced the appointment of Vice Admiral Nanette DeRenzi to their Board of Directors. Vice Admiral Nanette DeRenzi retired from the Navy in 2015. She was the 42nd Judge Advocate General (JAG) of the Navy, serving as principal military legal counsel to the Secretary of the Navy and Chief of Naval Operations, and the DoD Representative for Ocean Policy Affairs. As the JAG, she led the 2,300 attorneys, enlisted paralegals, and civilians of the global Navy JAG Corps community."Nanette…
17.5 Tons of Cocaine found on Containership
A U.S. Customs and Border Protection (CBP) and Immigration and Customs Enforcement Homeland Security Investigations (HSI)-led multi-agency examination of shipping containers at the Philadelphia seaport netted a historic load of cocaine, the largest cocaine seizure in the 230-year history of U.S. Customs and CBP, with an estimated weight of over 17.5 tons and a street value of about $1.1 billion.During a midstream joint boarding Sunday night, CBP, HSI, and U.S. Coast Guard authorities detected anomalies while examining seven shipping containers aboard the MSC Gayane…
PSA to Acquire Halterm, Penn Terminals
Singapore-headquartered port operator PSA International is all set to take over the Halterm Container Terminal in the Port of Halifax, Canada, and multipurpose Penn Terminals in Pennsylvania, USA.Both Halterm and Penn terminals are 100% owned by Macquarie Infrastructure Partner funds, a fund managed by Macquarie Infrastructure and Real Assets (MIRA). The price was not disclosed.Halterm terminal at the Port of Halifax is the largest container terminal in Eastern Canada. Penn Terminals located in Philadelphia…
Viega Names Samona as Head of HR
Industry veteran Terry Samona has been named Vice President of Human Resources at Viega LLC.Samona oversees human resources management and development at Viega’s operations in the U.S., including headquarters and a seminar center in Broomfield, Colo.; a manufacturing plant and distribution hub in McPherson, Kan.; three additional distribution centers in Nevada, Georgia and Pennsylvania; and a seminar center in Nashua, N.H.Samona’s entire career has been in human resources. Prior to joining Viega, he was vice president of human resources at Hach Environmental.
Indiana Ports Receive USDOT Recognition
The Ports of Indiana has received recognition from United States Secretary of Transportation Elaine L. Chao for its leadership role in the development and advancement of the Marine Highway M-35/M-70 Container-on-Barge Service on the Ohio and Upper Mississippi Rivers.This project is a new container-on-barge service being developed by members of Inland Rivers, Ports & Terminals Association (IRPT), including Port of Indiana-Mount Vernon, along the inland river system connecting ports and terminals on the Ohio River and the Upper Mississippi River…
Kalmar's 70,000th Ottawa Terminal Tractor
Kalmar, part of Cargotec, is celebrating a significant milestone with the production of its 70,000th Kalmar Ottawa terminal tractor. Destined for long-standing customer Penske Truck Leasing, the truck was completed on 27 February at Kalmar's US manufacturing facility in Ottawa, Kansas. Employees and guests gathered at the plant to celebrate and watch the final assembly of the truck.The Kalmar Ottawa T2 Terminal Tractor sets the standard for world-class trailer handling solutions for port, intermodal and distribution customers.
Navios Appoints Alexander Kalafatides as Director
The dry cargo vessel player Navios Maritime Partners announced the appointment of Mr. Alexander Kalafatides to its Board of Directors.The international owner and operator of dry bulk and container vessels said in a press release that Kalafatides has nearly 30 years of experience in general management and marketing.Kalafatides also serves as an adjunct professor in International Business at Drexel University. Kalafatides served in the Board of Directors of Navios Maritime Midstream Partners L.P. from 2014 to 2018.Kalafatides received his M.B.A.
Maersk, PBF Logistics in Low Sulfur Fuel Deal
Maersk and PBF Logistics LP announce agreement for production and storage of 0.5% sulphur fuel on the U.S. East CoastPBF Logistics terminal facility in New Jersey to deliver approx. 10% of A.P. Moller – Maersk’s annual fuel demand as Maersk continues preparations for the International Maritime Organization’s (IMO) 2020 global sulfur regulation.A.P. Moller - Maersk and PBF Logistics LP announced an agreement for Maersk to source and PBFX to process crude oil at CPI Operations LLC…
Crowley Promotes King and Stewart
Crowley Maritime Corp. has announced the promotion of Tiffanny King and Jeannie Stewart to the positions of vice president of People Services. While each has different areas of focus, both will ultimately support Crowley’s mission of ensuring high-performance and employee development across the company. King and Stewart report to Carl Fox, senior vice president, corporate services, in Jacksonville, where all are based.In her new position, King has responsibility for human resources, compensation and employee health and well being.
Key Seaway Commodities See Growth in July
St. Lawrence Seaway traffic remained steady during the month of July, with year-to-date total cargo shipments of 16.5 million metric tons. Total transits were up by 2.5 percent from the same time last year.Top performing cargoes through July 2018 include:•Coal – 308,000 metric tons; a 33.7 percent increase•Grain – 295,000 metric tons; a 7.54 percent increase•Liquid Bulk – 455,000 metric tons; a 25.2 percent increase•Ore & Concentrates – 45,000 metric tons; a 129.25 percent increase•Pig Iron – 53…
Strong July Across Great Lakes Gets Seaway Tonnage
Great Lakes-St. Lawrence shipping continues to bounce back after a slow start. With strong tonnage numbers in July, particularly shipments of U.S. grain, liquid bulk and project cargo, the 2018 shipping season is right on par with the healthy statistics posted last year.Overall cargo shipments on the St. Lawrence Seaway between March 29 and July 31 totaled 16.5 million metric tons. Areas of strength included U.S. grain shipments totaling 888,000 metric tons, up 32 percent over last year. Liquid bulk shipments totaled 2.3 million metric tons, an increase of 25 percent.
Matson Christens First Aloha Class Vessel 'Daniel K. Inouye'
Largest Containership Built in U.S. Will Serve Hawaii. Matson, a U.S. flag carrier in the Pacific, and Philly Shipyard, Inc. (PSI), the wholly-owned U.S. subsidiary of Philly Shipyard ASA (Oslo: PHLY) christened the largest containership ever built in the United States in a ceremony at the Philly Shipyard on Saturday, June 30. The new vessel is named 'Daniel K. Inouye' in honor of Hawaii's late senior U.S. Senator, who was a longstanding supporter of the U.S. maritime industry and its important role in supporting Hawaii's economy.
ETP Reopens one of two Philadelphia Area Product Pipelines
Energy Transfer Partners LP reopened the smaller of two Philadelphia area pipelines that help carry refined products from the region's refineries to the New York Harbor and Western Pennsylvania but the larger of the two remained shut, the company said in a customer notice seen by Reuters. The two lines, 8-inch and 12-inch in size, were shut on Friday as a precaution after gasoline was discovered in a creek outside of Philadelphia. ETP said on Friday it was still trying to determine whether the leak came from its pipelines, and did not respond to requests for comment on Monday.
NRF: Tariffs Against China Would Destroy 134,000 US Jobs
The Trump administration’s proposed tariffs on $50 billion of Chinese imports, coupled with retaliation promised by China, would reduce U.S. gross domestic product by nearly $3 billion and destroy 134,000 American jobs, according to a new study released today by the National Retail Federation and the Consumer Technology Association. The report finds that four jobs would be lost for every job gained. “As administration officials prepare to head to China for trade talks, the livelihoods of American workers hang in the balance,” NRF President and CEO Matthew Shay said.
Christie Thomas New Vice President at Huntington Ingalls Industries
Huntington Ingalls Industries announced that Christie Thomas has been promoted to vice president of contracts and pricing at its Newport News Shipbuilding division. She will succeed Tom Johnston, who will retire on April 1. Thomas will have overall responsibility for contracts, pricing, and export/import licensing and compliance for the Newport News shipyard and will report to Don Godwin, Newport News’ chief financial officer. She joined HII’s Ingalls Shipbuilding division in 2006 and has held director-level positions in supply chain management…
Shipbuilder HII Names Thomas VP Pricing, Contracts
Huntington Ingalls Industries said that Christie Thomas was promoted to vice president of contracts and pricing at its Newport News Shipbuilding division. She will succeed Tom Johnston, who will retire on April 1. Thomas will have overall responsibility for contracts, pricing, and export/import licensing and compliance for the Newport News shipyard and will report to Don Godwin, Newport News’ chief financial officer. She joined HII’s Ingalls Shipbuilding division in 2006 and has held director-level positions in supply chain management…
Stolt-Nielsen Names Grüner-Hegge CFO
Stolt-Nielsen Limited announced Jens F. Grüner-Hegge has been appointed as its new Chief Financial Officer, effective from April 2, 2018. Grüner-Hegge, who has served as Vice President, Corporate Finance since 2007, succeeds longtime CFO Jan Chr. Engelhardtsen, who will retire from his executive role and has been appointed to fill a vacancy on the company’s board of directors. With the addition of Engelhardtsen as a director, the SNL Board now has seven members, four of which are independent.
Crowley Rolls Out First Freight Under $2.3 Billion DFTS Contract
Crowley Logistics reports that it has successfully executed the first cargo move under its new $2.3 billion Defense Freight Transportation Services (DFTS) contract, one of the U.S. Department of Defense’s (DoD) largest transportation services contracts. The military cargo was transported by truck Monday from the U.S. Tobyhanna Army Depot in Pennsylvania, which provides logistics support for the communications sector to defense personnel with services such as fabrication and manufacturing, overhaul and repair, engineering design and development, systems integration, and global field support.
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.