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Crowley Maritime has been adding new ATBs at a steady
    pace in recent years.

Carry On

7/1/2008

The price of a barrel of oil has never been higher, and safely hauling the precious liquid has never been more important. The Oil Pollution Act of 1990 mandated that vessels and barges carrying potentially hazardous liquid cargoes in U.S.   Continued »

 

New capacity, sluggish demand dog U.S. Shipping partners

7/1/2008

The difficulties U.S. Shipping Partners had with its first new tug-barge unit is nothing compared to the challenges the company now faces. The articulated tug-barge Freeport was delivered last summer after several delays and cost overruns. It was to be   Continued »

 
The engine room on the 265' anchor-handling tug/supply
    (AHTS) vessel Seacor Sherman caught fire in May while under
    construction at Bender Shipbuilding & Repair Co. Inc. in
    Mobile, Ala. The fire led to an explosion in the engine room
    that injured two members of the Mobile Fire-Rescue Department,
    which is investigating the incident, according to published
    reports. The Seacor Sherman is one of six 10,750-hp AHTSes the
    shipyard is building for Houma, La.-based SEACOR
    Marine.

News Log

7/1/2008

The National Transportation Safety Board wants to have the upper hand in marine investigations — especially high profile ones — when at loggerheads with the U.S. Coast Guard after an incident. The agency made its case before a congressional committee   Continued »

 
Joel Milton works on towing vessels. He can be reached
    at joelmilton@yahoo.com

No more radar?

7/1/2008

Greed and shortsightedness know no bounds. Lurking just over the horizon like an ominous iceberg is an international proposal to do away with the most important and reliable navigation and collision-avoidance tool available to mariners — radar. So, you   Continued »

 

AMERICA/PACIFIC STAR SPECIFICATIONS

7/1/2008

Builder: J.M. Martinac Shipbuilding Designer: Robert Allan Ltd. Owner: Signet Maritime Corp. Operator: Foss Maritime Corp. Mission: Tanker escort/ship assist Length: 98' Beam: 40' Depth (Molded): 17'5" Draft: 17'6" Tonnage: 295 GRT, 136 NRT Main Propulsion: (2) MTU 16V4000, 3,305   Continued »

 

Index Summary

7/1/2008

GAINERS %CHANGE Trinity Industries 34.37 Hercules Offshore Inc. 28.68 Ambassadors International Inc. 25.60 International Shipholding 25.09 Trimble Navigation Ltd. 21.50 LOSERS %CHANGE U.S. Shipping Partners -30.69 KVH Industries Inc. -12.15 Trailer Bridge Inc. -11.71 Todd Shipyards Corp. -8.79   Continued »

 

Index Comparisons

7/1/2008

INDEX NET PERCENT COMPARISONS 4/30/08 5/30/08 CHANGE CHANGE Operators 1228.71 1357.21 128.50 10.46 Suppliers 1821.15 1951.35 130.20 7.15 Shipyards 1257.05 1231.10 -25.95 -2.06 Workboat Composite 1793.86 1895.55 101.69 5.67 Oil Service 315.97 339.08 23.11 7.31 Dow Jones Industrials 12820.13   Continued »

 
Bernie Jacobson is a management consultant
    specializing in passenger vessels. He can be reached at
    617-247-4110 or IBJAssociates@aol.com.

TRB report will provide ferry industry with guidelines for expansion

7/1/2008

The Transportation Research Board plans on releasing a report in 2010 that will provide guidelines for ferry operations. The TRB SSRq s Transit Cooperative Research Program is developing SDLq Guidelines for Ferry Transportation Services SDRq — A National Overview. It   Continued »

 
The 6,600-hp America is the first of its
    class.

Trading Places

7/1/2008

The back of Capt. Dave Corrie’s long-sleeved T-shirt shows a profile drawing of the new tug he’s steering out into Commencement Bay in Tacoma, Wash. “Welcome Aboard,” says the T-shirt. “ Foss Maritime Company proudly welcomes the newest member to   Continued »

 

Index jumps over 100 points

7/1/2008

May was a bad month for the Dow Jones Industrials. Not so for the WorkBoat Composite Index. While the Dow Jones lost 181 points, or 1.4 percent, the WorkBoat Composite rose 101 points, or 5.6 percent. For the month, gainers   Continued »

 
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