Port of Virginia Names Edwards CEO
The Virginia Port Authority Board (VPA) of Commissioners today introduced Stephen Edwards as the next leader of The Port of Virginia. He succeeds John F. Reinhart who for the last seven years has led the VPA as its CEO and executive director.Edwards has extensive experience in the global transportation industry most recently as the president and CEO of TraPac, LLC (TraPac), which operates container terminals in Los Angeles, Oakland and Florida. His tenure with the VPA begins on January 19, 2021.“I am delighted to be joining the Virginia Port Authority team in January,” Edwards said.
Cargill Looks to Use Wind to Cut Carbon in Shipping
Cargill, one of the world's biggest charterers of ships, is working with technology partners to fit sails on vessels in its fleet to cut carbon emissions through harnessing wind power, the U.S. agribusiness group said on Wednesday.About 90% of world trade is transported by sea and the International Maritime Organization (IMO) has said it aims to reduce overall greenhouse gas emissions from ships by 50% from 2008 levels by 2050.Carbon emissions from shipping rose in the six-year period to 2018 and accounted for 2.9% of the world’s CO2…
MarAd Awards $4m to Ports of Indiana
The U.S. Department of Transportation’s Maritime Administration (MARAD) has awarded Ports of Indiana $4 million to make bulk cargo supply chain improvements by converting a vacant gravel yard into a multimodal storage facility at Burns Harbor.The grant will fund construction of an 84,000-square-foot warehouse and a 1.65-acre storage pad in the east harbor arm. Public bidding is tentatively set for first quarter of 2022 with anticipated construction slated for spring of 2022.“We greatly appreciate the funding for this conversion project…
Container Lines Expect US Import Binge to Lose Steam
Surging shipments into the United States are fueling record high freight costs and logjams at seaports, but transportation executives say the rally will lose steam with a second wave of COVID-19 restrictions on the cards.Container shipping companies, which move goods for customers including Amazon.com and Walmart, got stung late last year and early this year when COVID-19 halted trade around the world, and they question whether the U.S. import boom can be sustained."Let's not get carried away," Rolf Habben Jansen, chief executive of Germany's Hapag Lloyd, told reporters.
Seaport Employees Can Help Stop Human Trafficking
A seaport never sleeps. Cargo shipping is vital for keeping supply chains moving and the country fed and well-supplied during the current pandemic. Port employees have continued working throughout the pandemic. They’ve not shut down or decreased hours like so many industries have. Another industry that has never shut down is human trafficking. In fact, as much of the world has turned its attention to the COVID-19 pandemic—the illegal crime of human trafficking has been able to flourish.Although it is quietly hidden, human trafficking thrives during times of chaos and vulnerability.
NYK Acquires Gazocean
On October 22, NYK signed a sales and purchase agreement with France's Total acquiring all of the company’s shares in the ship management company, Gazocean. Based in Marseille, France, and responsible for the management of six LNG carriers, Gazocean is now a wholly owned subsidiary of NYK. The move is designed to strengthen NYK’s ship-management system and expand the company’s LNG transportation business in France. Before the purchase, NYK held 20% of Gazocean shares and Total held 80%.In accordance with its medium-term management plan “Staying Ahead 2022 with Digitalization and Green…
MARAD Accepting Applications for Domestic Maritime Workforce Training and Education
The U.S. Department of Transportation’s Maritime Administration (MARAD) said Tuesday it is accepting applications from eligible and qualified institutions to apply for a Centers of Excellence (CoE) designation, which will recognize and support community or technical colleges and maritime training centers that prepare Americans for careers in the maritime industry.“These educational institutions benefit America’s national security and economy by growing and strengthening our maritime workforce,” said U.S. Transportation Secretary Elaine L.
Port Technology: 3 Ways Propane Equipment Boosts Productivity, Bottom Line
Propane port-side equipment offers superior performance, versatilityThe relationship between U.S. ports and America’s economic vitality is undeniably important. Martin Associates, a leading provider of economic and strategic assessments of the world’s transportation systems, analyzed the economic impact of U.S. seaports in a 2018 study, revealing just how critical port operations are. According to the firm’s 2018 National Economic Impact of the U.S. Coastal Port System report, the total economic value that U.S.
Baldwin Joins LIG Marine Managers
LIG Marine Managers, a commercial marine and longshore MGA in the U.S. and Lloyd’s broker, announced that veteran marine insurance executive Ken Baldwin has joined the company as Vice President of Marine.At LIG, Baldwin will direct and expand marine programs, including the company's quality control, and expand the team’s industry knowledge.Baldwin brings to the role extensive underwriting, operations improvement and program management experience. At one point, he personally handled…
MARAD Awards $220 Mln in Port Infrastructure Grants
More than $220 million in discretionary grant funding has been awarded to improve U.S. port facilities in 16 states and territories through the Maritime Administration’s (MARAD) Port Infrastructure Development Program, U.S. Department of Transportation Secretary Elaine L. Chao announced Thursday.“This $220 million in federal grants will improve America’s ports with nearly half the projects are located in Opportunity Zones, which were established to revitalize economically distressed communities,” said U.S. Secretary of Transportation Elaine L.
Tidewater Names Degodny CCO
Tidewater Transportation and Terminals said it recently added Aaron Degodny as its new Vice-President and Chief Commercial Officer. As part of Tidewater’s executive leadership team, Degodny will focus on establishing strategic partnerships in new markets, expanding and strengthening client relationships, and extending the regional and global footprint of Tidewater, the largest barge transportation and terminal network on the Columbia-Snake River system. He will have direct oversight and responsibility for business development, sales and marketing, public relations and media.
FMC: Ocean Shipping Challenges Abound
Since early Spring 2020, American consumers have received a practical education in supply chain operations. One lesson is that it takes more than simply going online and clicking a “Buy Now” button for goods to show-up on our front porches. While the networks and systems that deliver commodities from around the globe might have been stretched as a result of COVID-19 related impacts, the men and women who move the freight have worked selflessly and tirelessly to meet consumer and manufacturing demand.Early on in the response to COVID-19…
Maritime Resilience and the Human Element at MRS2020
Has the age of maritime discovery and exploration actually ended? Perhaps not exactly. As the history of maritime resilience and the human element shows, as far back as the 1500s and earlier, from using new navigational aids and improved ship designs, to coastal and inland route sailing, to navigating on open seas with uncertain charts, wayward icebergs, dense fog and luckily at times, clear starry nights, mariners have faced human element and maritime resiliency challenges. "Short of food and water…
MARAD Launches Port Planning and Investment Toolkit
The U.S. Department of Transportation’s Maritime Administration (MARAD) has set up a new online resource intended to help U.S. ports plan, evaluate and finance freight transportation projects.The new Marine Highway module of the Port Planning & Investment Toolkit (Toolkit) was produced as part of a cooperative agreement between MARAD and the American Association of Port Authorities (AAPA) and is designed to be easy-to-read, easy-to-understand and easy-to-execute, helping to guide ports toward fruitful investments.The goal of the Port Planning & Investment Toolkit is to provide U.S.
Rolling the Dice in Chaos: The Prospects of Investment in the Gas Industry
As stated in the Declaration of Malabo at the 5th Summit of Heads of State and Government of the GECF Member Countries, in order to sustain the security of demand and supply of natural gas, it is necessary to ensure sufficient investments through the entire gas value chain among all gas market stakeholders .Since the start of 2020, every aspect of the global economy, including investment projects in natural gas industry, have been strongly hit by the outbreak of the Covid-19 pandemic.
Cruising Pause Has Major Impact on Florida's Economy
The cruise industry has certainly been among businesses hardest hit by the economic impacts of COVID-19. But the industry-rocking fallout extends well beyond the cruise lines themselves, extending through cities throughout Florida where canceled sailings are resulting in loss of revenue to public ports, government at all levels, and private companies that do business with cruise lines.These conclusions are contained in the latest Fact Finding 30 report that was released today by Fact Finding Officer Commissioner Louis E. Sola, of the Federal Maritime Commission.
Port Milwaukee Director Tindall-Schlicht Honored by AntwerpXL
Leaders of an international shipping conference have named Milwaukee’s Port Director, Adam Tindall-Schlicht, as an AntwerpXL 40 Under 40 honoree. The award showcases rising stars, under the age of 40, in an important sector of marine commerce.AntwerpXL is a major conference focusing on breakbulk shipping – that is cargo not transported in containers. Port Milwaukee is a significant destination for breakbulk on the Great Lakes.This award is designed to identify and celebrate younger players within the industry…
Top Global Traders Push to Cut Shipping Emissions
Some of the world's biggest commodities and energy players on Wednesday launched an initiative to cut and track emissions from the ships they charter as efforts intensify to reduce the maritime industry's carbon footprint.About 90% of world trade is transported by sea, and the UN shipping agency the International Maritime Organization (IMO) aims to reduce overall greenhouse gas emissions by 50% from 2008 levels by 2050.Carbon emissions from shipping rose in the six-year period to 2018 and accounted for 2.89% of the world’s CO2, the latest IMO-commissioned study showed, mounting pressure on the
Maritime Risk Symposium 2020: Maritime Resilience in Black Swan Events
In 2007, scholar Nassim Nicholas Taleb, who holds a doctorate from the University of Paris, wrote a bestselling book titled “Black Swan,” which proposed a theory involving unpredictable events with significant impact. Taleb believed that a black swan event was an outlier with significant impact and, once it occurs, is the source of deep reflection and rationalization. Since the book’s publication, a significant number of research efforts have been developed to consider possible black swan events that significantly impact the Maritime Transportation System (MTS) and the Maritime Global Commons.
Kitsap Transit Gets Fed Funds for High-Speed, Low-Emission Ferry Project
As the global maritime community collectively is slowly pushed toward decarbonization, it is generally agreed that there is no ‘silver bullet’ technical solution and that progress will come in steps, led by public/private collaboration and funding.A recent development following that script is the awarding this week of federal funds to a Washington State team working to accelerate ferry technology, with the joint innovation project selected for funding from the U.S. Department of Transportation’s Federal Transit Administration.
All-electric Autonomous RoRo Ships Under Development
Kongsberg Maritime and Massterly (a Kongsberg Wilhelmsen joint venture) have signed contracts with the Norwegian grocery distributor ASKO to equip two new all-electric vessels with autonomous technology, and to manage their operations at sea.ASKO, which currently transports its cargo by more than 800 trucks daily, is investing heavily in environmentally friendly technologies such as electric and hydrogen-powered vehicles. At present, road transport is the single mode of transportation…
Tidewater Hires Sperling as COO
Vancouver, Wash. based Tidewater Transportation and Terminals announced Friday it has hired Johan Sperling as its new Vice President and Chief Operating Officer.Sperling will have direct oversight and responsibility for the maintenance and engineering department, vessel operations, dispatch and terminal operations. Additionally, he will work closely with Tidewater Environmental Services and Tidewater’s Canadian entity, Island Tug and Barge, to support their efforts for safe and reliable operations.
Grain Shipments via St. Lawrence Seaway Climb
Canadian grain shipments through the Great Lakes-St. Lawrence Seaway trade corridor are up 20% in response to continuing world demand for wheat and canola, the latest figures show.Year-to-date shipments of grain (from April 1 to August 31) totaled 5.2 million tonnes, as ships transported Prairie wheat and canola and Ontario wheat and soybeans for both domestic use and for export to markets around the world.The rush of grain, which is carry over from last year’s crops, has helped to offset continuing pandemic-related declines in other key cargoes such as iron ore (down 23%)…
Container Shipping Rates Continue to Deliver 'Positive Surprises', BIMCO says
Trans-Pacific short vs long contract freight rate gap hits record $2,400 per FEUAs the year 2020 continues to deliver positive surprises for the container shipping sector, the gap between short and long term contract freight rates on the Trans-Pacific trade lane has never been wider, according to a recent market note from BIMCO, noting that conditions are right for carriers to achieve higher long term contract rates.On 17 September, for containers shipped from the Far East into the US west coast…
NYK Discusses Decarbonization Plan at ICEPAG 2020
At the virtual ICEPAG 2020 conference, NYK Group company NYK Energy Transport (USA) Inc. (NETU) introduced the group’s efforts to reduce vessel GHG (greenhouse gas) emissions to zero.The ICEPAG, or the International Colloquium on Environmentally Preferred Advanced Power Generation, is a leading conference on clean energy, hosted annually by the University of California, Irvine; the National Fuel Cell Research Center; and others; attended by U.S. government officials, university researchers and related companies.Kazumasa Taruishi…
Charleston Will be the Deepest Harbor on the US East Coast
This September, the U.S. Army Corps of Engineers, Charleston District awarded the final two dredging contracts on its harbor deepening project, which will make Charleston’s harbor the deepest on the East Coast.The contract awards also coincided with the arrival September 20 of the CMA CGM Brazil, a 15,072-TEU containership stretching 1,200 feet long, and the largest containership to ever call on the East Coast and Charleston harbor.Charleston was the last stop on its East Coast itinerary…