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US INDUSTRIES

Edison Chouest Offshore Ordering New Vessels, Expanding Terminals

Company AHTS: Photo courtesy of ECO

The Edison Chouest Offshore (ECO) global family of companies, plans to enlarge its fleet and expand its terminal facilities in support of its customer base. The Chouest newbuild order book contains over 40 vessels, a vast majority to be constructed at its four U.S.-affiliate shipyards: North American Shipbuilding (Larose, LA), LaShip (Houma, LA), Gulf Ship (Gulfport, MS) and Tampa Ship (Tampa, FL), as well as its Brazilian shipyard, Navship. NEW 312’ PSV CLASS ECO’s worldwide fleet now approaches 250 highly specialized offshore service and support vessels. The largest portion of the newbuild program contains 17 vessels, with options for an additional 20, in a new class of 312’ x 66’ x 26’ new generation, clean design, diesel-electric platform supply vessels (PSV). This class features a new hull form that was designed to maximize deadweight while significantly reducing hydrodynamic resistance, thereby improving fuel efficiency. NEW VESSELS INCLUDE ICE CLASS, MPSV, SUBSEA, WELL STIM The Chouest newbuild program also includes two (2) new high ice class AHTS vessels for Arctic service, currently being designed. The vessels will mark the fifth and sixth icebreaking vessels in the ECO fleet, making Chouest the largest designer, builder, owner and operator of icebreaking vessels in the U.S. industry.


ECO to Add 40-Plus Vessels, Expand Port Facilities

The Edison Chouest Offshore (ECO) global family of companies announced plans to enlarge its fleet and expand its terminal facilities in support of its customer base. New Vessels The Chouest newbuild order book contains more than 40 vessels, a vast majority to be constructed at its four U.S.-affiliate shipyards: North American Shipbuilding (Larose, La.), LaShip (Houma, La.), Gulf Ship (Gulfport, Miss.) and Tampa Ship (Tampa, Fla.), as well as its Brazilian shipyard, Navship.


Cabotage Off the Table in Trade Talks

The Jones Act will not be on the table when a new round of talks on international trade in services begins this fall, according to a draft document prepared by U.S. trade officials outlining U.S. objectives for the negotiations. The document outlines the Administration's broad goals and industry-specific negotiating objectives for the upcoming "Seattle Round" of services trade negotiations under the World Trade Organization


MarAd’s Schubert: Building a Better U.S. Business

In part one of a two-part series, William G. Schubert, the new U.S. Maritime Administrator (MarAd) speaks with H. Clayton Cook, Jr. about the current standing and future direction of maritime activities in the United States. Mr. Administrator, this interview is being conducted for a piece that will be published in the August 2002 issue of Maritime Reporter and Engineering News, the largest magazine of general circulation in the maritime community


U.S. Economy Gained $42 Billion from Cruise Industry in 2012, Study Finds

Photo: Carnival

The North American cruise industry continued to be a substantial contributor to the U.S. economy in 2012 according to an independent study commissioned by Cruise Lines International Association (CLIA). The study shows that CLIA’s 26 North American member lines and their passengers and crew contributed over $42 billion in total U.S. economic impact, a 4.6 percent increase from 2011. In addition, the cruise industry generated 356,311 jobs, paying a record $17


Jones Act Fleet a Catalyst for Growth Says Jaenichen

Paul Chip  Jaenichen: Photo credit MARAD

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, the Jones Act continues to ensure a level playing field for U.S. vessels moving cargo within the nation. The Act keeps skilled American mariners employed aboard American ships by requiring that products moved between U.S


US Boat Industry Business Improves, Statistics Show

National Marine Manufacturers Association annual statistical report shows improving U.S. recreational boating industry The NMMA’s annual Recreational Boating Statistical Abstract is the U.S. recreational boating industry’s most comprehensive compilation of statistics and research. The new data signals the beginning of a recovery for the U.S. recreational boating industry. The National Marine Manufacturers Association (NMMA) say that in 2011 U.S


Kirby CEO Urges Support for Jones Act at House Subcommittee Hearing

Testifying on behalf of the American Maritime Partnership, Kirby Corporation Chairman & CEO Joseph Pyne urged Members of Congress to strongly support the Jones Act for the economic, national security and homeland security benefits it provides to the United States. Mr. Pyne delivered his testimony at a May 21 hearing before the House Subcommittee on Coast Guard and Maritime Transportation on “The Role of U.S. Ships and Mariners


Alaska Packs Powerful Maritime Economic Punch: New Study

Crude carrier: Photo courtesy of Alaskan Tanker Co. Alaskan

A recent study for the Transportation Institute by PricewaterhouseCoopers (PwC) revealed that Alaska is a major domestic maritime state, ranking third among all American states for domestic maritime industry economic impact. The American domestic maritime industry includes vessel operators, marine terminals, shipyards, and workers engaged in the movement of cargo exclusively within the U.S. Key findings of the PwC study as they relate to Alaska were as follows:


USCG Presents William M. Benkert Awards

Vice Commandant of the U.S. Coast Guard (USCG) Vice Adm. Peter Neffenger presented the 2014 Rear Adm. William Benkert Awards at the American Petroleum Institute's (API) annual tanker conference Thursday. The award is given to support and recognize maritime industry efforts for their environmental protection programs. This biennial award was started in 1995 and honors industry leaders in the field of marine safety and environmental protection and provides an opportunity for the Coast Guard


General Dynamics Delivers North Dakota (SSN-784) to U.S. Navy

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  General Dynamics Electric Boat yestereday delivered the nuclear-powered attack submarine North Dakota (SSN-784) on time and more than $30 million below target cost. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE:GD).


SBM Offshore Completes Real Estate Divestment

Logo

  SBM Offshore is pleased to announce that is has completed the sale and lease back of its Monaco real estate portfolio.  The last of the three buildings was sold for approximately US$62 million net of expenses, resulting in a book profit of approximately US$58 million.


Drydocks World to Participate in SMM 2014

Khamis Juma Buamim Chairman Drydocks World and Maritime World

  Drydocks World, the leading provider of maritime and offshore services to the shipping, oil, gas, and energy sectors, will participate in the prestigious 26th edition of Shipbuilding, Machinery, and Marine Technology (SMM) Exhibition, from September 9-12, 2014


MARAD Shipbuilding Loan Guarantee

Bravante IX launch

  The launch of the Bravante IX, built in a U.S. shipyard, was from the investments made by the Maritime Administration (MARAD) just three years ago. The investment in and upgrading of the infrastructure can be an economic game changer


Seadrill's Q2 2014 Revenue Holds Nearly Steady

Drill ship: Photo courtesy of Seadrill

Revenues for the second quarter of 2014 were US$1,222 million compared to US$1,221 million in the first quarter of 2014, according to the company's financial report. Operating profit for the quarter was US$476 million compared to US$890 million in the preceding quarter


Editorial: software ... is it ‘evolution’ or ‘revolution’ ...

Greg Trauthwein

The August “Shipbuilding Annual” is one of my favorites to research and produce every year, but even more so when this edition coincides with the SMM exhibition in Hamburg, Germany, which is the largest, best shipbuilding fair in the world.


Wishful Thinking From Across the Pond

Joseph Keefe

European Shipowners Pursue Softening of the Jones Act   Just last month, the Secretary General of the European Community Shipowners’ Association (ECSA) opined that the sixth negotiations round of the Trans-Atlantic Trade and Investment Partnership (TTIP) should include concessions


Port of New Orleans Sponsors Agricultural Summit

Gary LaGrange

The Port of New Orleans has signed on as a sponsor for the 9th annual Oilseed & Grain Trade Summit, taking place here October 7-9, 2014, at the Hyatt Regency New Orleans. The Summit is reportedly the largest annual industry event that convenes buyers


Thor Offshore to Implement BASSnet Suite

Thor Offshore vessel

Thor Offshore, an offshore support services provider and fisheries company, has chosen the integrated software suite BASSnet Fleet Management Systems as a part in its strategy to expand offshore operations globally. In parallel with Thor’s fleet expansion


Jones Act is Critical to Conn. Economy

Sen. Richard Blumenthal (left) and Rep. Joe Courtney (Photo: American Maritime Partnership)

Study shows Connecticut shipbuilding industry worth $2.5 billion to state’s economy, supports nearly 23,000 jobs The American Maritime Partnership (AMP) joined with the Shipbuilders Council of America (SCA) to highlight new data that shows Connecticut ranks fourth among all states in


US Rail Jams Force Rush to Roads and Rivers

Photo: Susannah Skiver

U.S. coal-burning power utilities are being forced to turn to barges and more expensive trucks to move coal, desperate to shore up stockpiles left dangerously low by the widespread bottlenecks on rail networks. The shift in how coal is being delivered to some power plants from mining regions


Info-X Invests in $5m Headquarter Expansion

Info-X Software Technology’s newly renovated headquarters in Gurgaon (Photo courtesy of Info-X Software Technology)

Transportation solutions provider capitalizes on outsourcing trend Info-X Software Technology, provider of software solutions and back-office support to U.S.-based transportation companies, introduced its newly renovated and expanded $5 million headquarter facility situated in Gurgaon


DP World 1H 2014 Profit Soars

Container gantry: Photo courtesy of DP World

Global marine terminal operator DP World releases strong financial results from its global portfolio of marine terminals for the six months to 30 June 2014, delivering profit attributable to owners of the Company before separately disclosed items of $332 million, 40


‘Naval Architecture for Non Naval Architects’ Course

Photo: HMC

From September 15-18, 2014, HMC will provide a course “Naval Architecture for Non-Naval Architects” in Singapore and Kuala Lumpur. HMC facilitated this course in cooperation with M.I.C.E. Global (Singapore), a company which organizes business meetings, workshops


MN 100: Horizon Shipbuilding, Inc.

Horizon Shipbuilding may 2014 1940 EH.jpg

13980 Shell Belt Road Bayou La Batre, AL 36509 E-mail: trshort@horizonshipbuilding.com Website: www.horizonshipbuilding.com President and General Manager: Travis R. Short Number of Employees: 400 The Company: Founded in 1997 by a father-and-son duo, Horizon Shipbuilding, Inc






 
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