Us Maritime Administration News

A ceremonial groundbreaking ceremony was held to signal the start of construction at the Salem Offshore Wind Terminal in Massachusetts.The Crowley Wind Services-led project involves transforming a former oil- and coal-fired power plant into Massachusetts’ second wind port, to support the construction of offshore wind farms in New England and future floating turbines in the Gulf of Maine.Crowley also announced it has awarded Massachusetts-based joint venture DW White JF White to be the project’s general contractor.

Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the ‘utility finance’ basket, they are ultimately high-risk deals that might better suit the portfolios of ‘infrastructure investment’ which, in recent years, has taken a shift towards tolerating more uncertainty when it comes to cash flows.A 2022 article from consultants McKinsey, titled “Infrastructure investing will never be the same”…

Crowley on Tuesday christened its new vessel, eWolf, the first all-electric ship assist tugboat in the United States.Set to enter commercial service at the Port of San Diego this week, the 82-foot tug was built by Coden, Ala. shipbuilder Master Boat Builders and designed by Crowley’s engineering services team to operate on full electric power, producing zero carbon emissions and 70-ton bollard pull strength.“The eWolf is a historic milestone in the maritime industry and Crowley’s legacy and underscores our company’s commitment to serve as global sustainability leaders and innovators…

South Korea's Hanwha Group has agreed to acquire U.S. shipbuilder Philly Shipyard in a $100 million cash deal, the companies announced on Thursday.Under the deal, which is expected to close in Q4 2024, Hanwha Systems and Hanwha Ocean will purchase purchase of Philly Shipyard, Inc., the sole operating subsidy of Aker-owned Philly Shipyard ASA, based in Oslo.Kristian Røkke, Chairman of Philly Shipyard ASA, said, “After two decades of stewardship, it is with great honor that we transition the ownership from Aker to Hanwha.

A shortage of U.S. mariners presents a major threat to the United States’ national and economic security, and the problem is growing day by day.According to a 2017 study prepared by the Maritime Workforce Working Group and released by the U.S. Maritime Administration (MARAD), the estimated pool of U.S. mariners actively sailing with unlimited tonnage credentials was comprised of 11,768 mariners. Assuming that all these mariners would be both willing and available to sail as needed…

The Maritime Risk Symposium will convene in Monteray, CA next month, a small conference with a high-profile speaker line-up from across government, industry and academia. Here we look at Panel 3 – Maritime Policy vis a vis a new National Maritime Strategy, facilitated byCAPT Jon Kaskin, US Navy Reserve (retired)This panel will inform participants and generate discussion regarding the forthcoming National Maritime Strategy (NMS). Congress originally mandated that the NMS be developed…

The U.S. Coast Guard (USCG) has opted to extend its Sentinel-Class Fast Response Cutters (FRC) build program, exercising a contract option with Bollinger Shipyards for two additional vessels.The move brings the total number of FRCs awarded to Bollinger up to 67 vessels since the program’s inception. To date, the U.S. Coast Guard has commissioned 55 FRCs into operational service.“We’re incredibly proud of our long history supporting the U.S. Coast Guard that now stretches four decades,” said Bollinger Shipyards President and CEO Ben Bordelon.

If nothing else, building vessels in the U.S. is a complicated business.In a session on the domestic shipbuilding marketplace, at Marine Money’s late-November 2023 conference held in New Orleans, Ben Bordelon, president and CEO of Bollinger Shipyards (with more than a dozen facilities, in Mississippi and Louisiana), described his company’s architecture as a “three-legged stool approach: commercial newbuilds, government newbuilds and repair/conversion capabilities”.On the same panel…

Crowley Maritime Corporation has owned and operated a lot of vessels since its founding in 1892. But the latest vessel to join its fleet is unlike any other that has come before it.Crowley’s new harbor tug, eWolf, is unique in that it runs 100% powered by batteries, not diesel engines, meaning it produces zero emissions and nearly no noise. Not only is the vessel the first fully electric tug in the Crowley fleet, but it is also the first of its kind in the United States.Faced with stricter regulations and commercial pressure to prioritize environmental…

Yemen's Houthis fired a missile that likely targeted the Torm Thor in the Gulf of Aden on Feb. 24 but missed the U.S.-flagged oil tanker, the U.S. Central Command (CENTCOM) said on Monday, as the Iran-aligned militia steps up attacks on ships.Shipping risks have escalated due to repeated Houthi drone and missile strikes in the Red Sea and Bab al-Mandab Strait since November in support of Palestinians in Gaza. U.S. and British forces have responded with several strikes on Houthi…

President Biden on Wednesday signed an Executive Order aiming to strengthen cybersecurity at U.S. ports amid growing threats to America's vital maritime supply chains.The directive bolsters the Department of Homeland Security’s authority to address maritime cyber threats, including through the creation of new standards to ensure the security of networks and systems throughout the nation’s marine transportation system (MTS), which supports $5.4 trillion in economic activity each year."Most critical infrastructure owners and operators have a list of safety regulations they have to comply with…

An affiliate of Edison Chouest Offshore has withdrawn its application for financing under the U.S. Maritime Administration's (MARAD) Title XI program.Title XI is a government loan program with the Federal Financing Bank as the lender. It is intended to promote the growth and modernization of the United States' merchant fleet and shipyards by offering repayment terms and interest rates that are generally better than those available from the commercial lending market.ECO Edison…

Crowley on Wednesday announced it has taken delivery of its groundbreaking vessel eWolf, the first all-electric, ship assist harbor tugboat in the United States.The 82-foot tug, designed by Crowley’s engineering services team and built by Coden, Ala. shipbuilder Master Boat Builders, will enter service at the Port of San Diego this spring following final demonstration trials and completion of Crowley’s microgrid shoreside charging station. The vessel will operate with zero emissions while providing the complete performance capabilities of a traditional tug…

The first all-electric tugboat built in the United States, Crowley's eWolf, has started sea trials along the U.S. Gulf Coast.The 82-foot ship assist tug, built by Coden, Ala. shipbuilder Master Boat Builders, is expected to enter service at the Port of San Diego in 2024. Video footage of the vessel on sea trials was shared by Crowley on social media.The eWolf is designed to operate on full electric power, producing zero carbon emissions and expected 70 ton bollard pull strength.

The U.S. Maritime Administration (MARAD) has recently announced an amendment to the Federal Ship Financing Program, commonly referred to as Title XI. The amendments have aligned the program’s financial requirements and tests with common current federal credit and maritime lending best practices. In particular, the amendments aim to move away from inflexible static metrics and Title XI’s limited amortization requirements. The amendments respond to concerns that previous terms acted as a barrier to some companies seeking to apply for Title XI support.

Crowley announced it will pilot carbon capture technology on board one of its containerships under the U.S. Maritime Administration (MARAD) Maritime Environmental and Technical Assistance (META) program.The Jacksonville, Fla. based shipping company said it has reached an agreement with Sana Monica, Calif. based Carbon Ridge and MARAD to operate, measure and optimize the technology’s effectiveness in actual maritime environments at port and ultimately at sea. The collaboration includes the engineering…

On December 8, 1953 President Dwight D. Eisenhower addressed the 470th Plenary Meeting of the United Nations General Assembly. The speech he delivered is often recognized as his effort to introduce “Atoms for Peace”, a program to move nuclear fission and technology away from weapons development and into clean energy.As a result of that effort and program, the NS Savannah was built and delivered as the first nuclear-powered merchant ship. She was built in the late 1950s at a cost of $46.9 million and launched on July 21, 1959.

Maritime Partners, a Louisiana-based provider of maritime financing solutions primarily focused on Jones Act vessels, announced that on September 20, 2023, one of its managed funds acquired Norfolk, Va.-based U.S. Marine Management LLC (USMMI) from Maersk Line, Limited.USMMI owns and operates U.S. flag vessels—including one owned maritime support vessel, three owned tankers, and one bareboat chartered tanker—for charter to the U.S. Navy's Military Sealift Command. It also performs operation and maintenance of U.S. government-owned vessels, and currently has one O&M contract supporting U.S.

American Roll-On Roll-Off Carrier Group Inc. (ARC) President and CEO Eric P. Ebeling was appointed by President Joe Biden to the U.S. Merchant Marine Academy’s Board of Visitors.The Board of Visitors provides independent advice and recommendations concurrently to the President of the United States, the Secretary of Transportation, Congress, and Superintendent of the Academy on matters related to the state of morale and discipline, curriculum, instruction, physical equipment, fiscal affairs…

Captain Morgan McManus will serve as the Ship’s Master on the Empire State VII, the first in a series of five National Security Multi-Mission Vessel (NSMV), which at press time was getting its post-sea trial finishing touches at Philly Shipyard. The project to design, build and deliver the NSMV series is one of the most exciting shipbuilding programs in the U.S. – a government shipbuilding project leveraging commercial shipbuilding efficiencies. For insights, we visited with Captain McManus to discuss the ship, it’s technology suite and its role in helping to educate a new generation of U.S.

Many problems in our “New World” can be solved more quickly than ever due to the speed at which information now travels. Gone are the countless long days of research, because often our questions can be answered instantaneously at a computer terminal or on a handheld mobile device. Traditional investment, research, science and industry have all attempted to reconfigure their business practices to accept that information speed. Unfortunately, government regulation and bureaucracy have not…

Crowley and the Port of San Diego broke ground for the shoreside charging station designed to provide clean energy for the company’s forth-coming zero-emissions tugboat, eWolf.The charging station is a microgrid charging facility that will allow vessels to recharge quickly while reducing peak loads on the community energy grid. It is equipped with two containerized energy storage systems provided by Corvus Energy. The station is designed to operate on off-peak hours from the community’s energy grid, and it includes a solar power array to support renewable energy use.

Enterprise Products Partners' Sea Port crude oil export terminal off the coast of Texas could begin operations between the second half of 2026 and early 2027, the pipeline operator's co-CEO said on Thursday. The terminal, planned for about 30 miles (48 km) off the coast of Texas, is one of several deepwater projects proposed at the height of the U.S. shale oil production boom. Enterprise Co-CEO Jim Teague disclosed the proposed Sea Port Oil Terminal's start date at an RBN Energy export conference in Houston.