maritime

Redundancy The Next Watchword?

The fact that the actual incidence of oil cargo spills as a percentage of global ship- ments is minuscule can never a r e a s o n any relaxation in the constant vigilance and unerring drive for risk minimization which must be practiced in all fields of tanker shipping.

 

Farrell Calls For Presidential C o m m i t m e nt To The U.S. M a r i t i m e Industry

In an address to the National Convention of the Propeller Club of the United States recently, Joseph Farrell, president of the American Waterways Operators, called for the Republican and Democratic party platforms to include a plank to rescue the U.

Demystifying Parametric Roll

An ABS research project deflates the mystique surrounding parametric roll, a rare but dangerous phenomenon particularly threatening to containers/lips. In October 1998, a large, post- Panamax containership limped into the port of Seattle, a victim

Crowley Maritime Corp. Appoints Jay Brickman

Jay Brickman has been appointed director of Caribbean and Latin American services for Crowley Maritime Corporation's Caribbean Division, according to a recent announcement by Robert G. Homan, senior vice president of the division. Mr. Brickman

American Export Lines Agrees To Sell Two Passenger Vessels

American Export Lines, Inc. has announced that it had entered into agreements for the sale of its passenger vessels Constitution and Independence to Atlantic Far East Lines, Inc. The sales price for the Constitution is $2,500,000, and the net

IMA To Publish Report On Navy Ship Systems Market

International Maritime Associates (IMA) is preparing a business analysis of the Navy ship systems market. The approximately 200- page report will provide a very comprehensive assessment of current and future market opportunities and will be available in June.

Brown Announces Organizational Changes At Maritime Administration

Reorganization of the Maritime Administration's administrative, policy, and international activities has been announced by Garrett E. Brown Jr., acting deputy maritime administrator in the Department of Transportation. One new associate administrator's

FGH Announces Two N e w Contracts

Halter Marine, Inc. the vessel segment of Friede Goldman Halter, Inc. announced that it has signed a contract with an undisclosed customer to build a 332 x 74 x 25 ft. (101.1 x 22.5 x 7.6 m), double-skin, clean oil tank barge with an estimated 80,000 BBL capacity.

Crowley Withdraws MarAd Application For Ship Financing Guarantees

Thomas B. Crowley, chairman and CEO of Crowley Maritime Corporation (CMC), recently announced the formal withdrawal of the company's application to the U.S. Maritime Administration for $450 million in ship financing mortgage guarantees. This action

State of the P&I Market: As Stocks Drop, Rates Will Rise

The 13 P&I Clubs within the International Group continue to dominate the world market for shipowners' liability insurance despite increasing competition in recent years from fixed premium facilities. The development of the fixed premium market and,

 
 
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