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Tim
Colton's
Maritime
Memos
A somewhat opinionated commentary on U.S. and
Canadian maritime matters.
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of Maritime Memos
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Client List "Staying Afloat"
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Davie
to Build Two Ferries
The perennially beleaguered
shipyard in Lauzon, now known as Chantier Davie Canada Inc., has signed to build
a pair of ferries for the Société
des Traversiers du Québec,
(STQ). Read their announcement
here.
These ferries will replace the 33-year-old Armand-Imbeau and
Jos-Deschênes on the Tadoussac - Baie-Ste-Catherine route, and they will be
LNG-fuelled, a welcome new trend. May
17, 2013. |
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VT
Halter's Dock Arrives
The big dock was delivered to
VTHM's yard in Pascagoula on Thursday. Read the announcement
here. May
17, 2013. |
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LCS 4 Back
from Builders Trials
The future USS Coronado,
(LCS 4), completed Builders Trials this week, with all reports positive.
In particular, I'm told she maintained 43 knots for over six hours, in Sea State
3. Sounds good to me. May
16, 2013. |
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First MLP
Delivered
NASSCO delivered the first
Mobile Landing Platform yesterday, the USNS Montford Point, (T-MLP 1).
Read the Navy's announcement
here.
Good for NASSCO, who delivered on schedule, less than two years after contract
award. Imagine, building an oceangoing naval vessel in less than two
years! But boo to the Navy for inventing this totally inappropriate ship
type designation, MLP. The M is irrelevant here: all ships are mobile are
they not? And it's not a mine-warfare ship, it's a heavy-lift cargo ship
which doubles as a cargo transfer facility, so it should be a T-AK, or possibly
a T-AKx, where x could be H for Heavy Lift, or F for Flo-Flo, or something. May
15, 2013. |
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Foss Out of
Boston?
G-Captain reports that Foss
has sold, or is selling, its Boston operation, Constellation Towing, to
McAllister, which plans to reassign the four harbor tugs involved to other
ports. Read the story
here. So much for Boston as a hub of marine activity.
The four boats have an average age of 31, so they will fit in well in
McAllister's antiquated fleet, even lowering the fleet average age a tad. May
15, 2013. |
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Crowley Gets
into LNG
It's so easy to get depressed
by all the incompetent fools in our industry that it is especially cheering when
one of the bright spots gets even brighter. And here comes Crowley telling
us that they have bought Carib Energy and are, therefore, in the LNG biz.
Read their announcement
here and find out more about Carib Energy
here.
An excellent move! The current booms in domestic production of crude oil
and gas should generate a huge boost in domestic transportation requirements
over the next decade or so. May
8, 2013. |
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Dakota
Creek to Build Innovative Longliner
The Seattle Times
reports that Blue North Fisheries has ordered a 191-foot freezer-longliner from
Dakota Creek Industries. Read the story
here. Designed in Norway by Skipsteknisks AS, the
boat will be the first in the U.S. with an internal haul station and the first
to meet Tier III emission standards. See their more detailed announcement
here. Good stuff. Let's have some more of
these. May
8, 2013. |
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Un Vétéran
Américain en Bord de Seine
I know that most of you
already read La Gazette de Bigbull, but I cannot resist providing a
link to a recent issue, which reports that the U.S. Army's venerable ST-482
is moored in the Seine near Paris. Read the story
here. See her from the air on Google
here. She
was built in 1944 by American Machinery Corp., in Orlando FL, and spent most of
her life in service to the Port of Le Havre. Note that the same issue also
reports that ST 732, which was retired in Brittany, is going to have to be
scrapped. How many more US-built boats are hiding in France? May
7, 2013. |
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Maersk
Line Upgrades
Maersk Line Limited, the
US-flag operation, revealed today that it has begun replacing the eight
containerships that it employs on its service linking the U.S. East Coast with
the Mediterranean and the Middle East. Read the announcement
here.
The old ships are about 3,300 teus and are, on average, about 15 years old,
while the new ships are about 4,800 teus and are, on average, about 5 years old.
First up is the ship pictured on the right, built as the Maersk Kuantan
and now the Maersk Chicago: she joined the US-flag fleet last week.
Good for Maersk. I guess I'm still waiting for them to show us how to
revitalize the Jones Act container trades. May
7, 2013. |
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A New
Service to Puerto Rico
Now here's an interesting
development. You remember (yes, you do) that back in 2008, a Polish-built
cargo ship was confiscated in a drug bust, sold at auction, modified for Jones
Act service, renamed the National Glory and put into operation between
Houston TX and Eddystone PA. Well, that didn't work out and recently the
National Glory has been doing duty for APL in its US-flag Baltic Sea
service. (Yes, APL has a US-flag Baltic Sea service, employing three
US-flag containerships on a route that links Hamburg and Bremerhaven in Germany,
with Tallinn, in Estonia. You knew that.) The National Glory
has now been released from that trade, however, and, according to Caribbean
Business, is about to start serving Puerto Rico from Houston, on a biweekly
schedule. Excellent timing, seeing that the inimitable Horizon Lines
recently cut their Houston-to-Puerto Rico service from weekly to biweekly.
What next in the strange world of non-contiguan trade? May
6, 2013. |
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Surprise!
Irving Disagrees with CBC
Irving took a full page ad in
the Halifax Chronicle on Saturday to rebut CBC's suggestions concerning
the AOPS program. Read it
here.
Somehow I doubt that this row is over. The folks up north can recognize a
boondoggle when one crosses their path. May
6, 2013. |
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52-Year-Old
McAllister Tug Sinks at Pier
The Baltimore Sun reports
that the Kaleen McAllister sank on Saturday, at its pier in the Locust
Point section of Baltimore. Read the story
here. The Kaleen McAllister is the former
Pontiac, (YTB 756), built by Southern Shipbuilding, in Slidell LA,
in 1961. She's 52 years old. Yes, I know you can keep a well-built
boat going almost indefinitely if you look after it, and McAllister is
undoubtedly a responsible operator, but they've got a whole lot of these old
ladies. Wouldn't it be nice if they were to build some new ones?
Look at their fleet: they have close to 100 tugs with an average age that's over
40. They should be building three boats a year just to maintain that
average, more to lower it. May
6, 2013. |
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Harvey
Gulf Buys More Boats
There's always something
interesting going on at Harvey Gulf International Marine. This week they
tell us that they are buying seven recently built DP-2 PSVs, including two that
are still under construction, and four DP-2 FSVs from Gulf Offshore Logistics,
thereby reducing the size of GOL's fleet from 31 boats to 20. In
addition, they are ordering two 340-foot STX-designed construction vessels from
Eastern Shipbuilding and another LNG-fueled PSV from TY Offshore. The
total tab for the three deals is said to be $540 million. Read the press
release here. May
3, 2013. |
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More
Bad News from Horizon Lines
More terrible numbers from
Horizon Lines, which all on its own makes you want to give up on the Jones Act.
In the first quarter, they lost $20 million on sales of $244 million. Read
their announcement
here. The unavoidable fact is that Horizon Lines has
absolutely no way of getting out of the bog in which it has become stuck.
None. Chapter 7, here they come. Then somebody competent can buy
their terminals and take over their cargoes. May
3, 2013. |
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What
Do They Think They Are Doing?
Dreadful news from the Coast
Guard. Chuck Hill's excellent CG Blog reports that the shipbuilding
program has been royally messed up. Read the story
here. The slow and expensive NRC program has been
expanded to the original eight ships, at the expense of the urgently needed OPC
program, for which proposals were recently submitted, and the FRC program, which
was humming along nicely. The OPC program has been put back by two years
and the FRC program reduced to two ships a year. Whose brilliant idea is
this? How can funding two more NRCs that take four years to build possibly
be preferable to funding the OPCs and FRCs? Brainless! May
3, 2013. |
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Seacor
Moves into LPG
You have to like a company
whose motto is "Strength in Diversity". Seacor has ordered two 84,000-cm
LPG carriers from HHI, with options for three more. Read the announcement
here. Another new business activity. Excellent!
Others seem to approve too: the company's stock is already up about 2% and it's
not even 11 o'clock yet. May
3, 2013. |
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CBC
Blows the Whistle on the NSPS
CBC News has published a
special report on the ridiculous sums that the Canadian Government is throwing
at the National Shipbuilding Procurement in general and the Arctic Offshore
Patrol Ship in particular. Read it
here. Interesting comparisons with the costs reported of
other nations' procurement of similar ships. And the Canadian Government's
responses are really pathetic. They really need to bite the bullet, close
the whole program down and buy the boats competitively. May
2, 2013. |
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US
Shipping on the Rebound?
US Shipping has completed a
refinancing that, they say, gets them moving forward again. Let's hope so.
Read their press release
here. May
2, 2013. |
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USMMA
at the Bottom, USCGA Close Behind
CBS Moneywatch
reported this week on this year's ranking of universities according to students'
assessments of their teachers. Read the story
here. Apparently Kings Point is the absolute worst
and the Coast Guard Academy is #3. I doubt very much that a student's
assessment of a teacher's competence has much validity as a measure of that
teacher's capability, but the collective criticism implied by being ranked worst
in the nation is more significant and is clearly not something of which to be
proud, especially when trying to justify your continued existence. May
2, 2013. |
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Ingalls
Gets Sixth NSC
The Coast Guard has awarded
an FPI contract to Ingalls Shipbuilding for the sixth National Security Cutter,
the future USCGC Kimball (WMSL 755). Read the announcement
here. The stated value
is $487 million, which is much the same as that of its predecessor in the
series. No completion date is specified but it takes Ingalls about four
years to build one of these boats. (Four years, sheesh!) The
original plan was to build eight NSCs to replace the twelve Hamilton-class
WHECs, but there is still doubt as to whether the Coast Guard will be allowed to
build the last two, given their need to keep building FRCs and to get the OPC
program rolling. May Day, 2013.
P.S.: Whoops, it seems that the Coast Guard has switched
the names of the sixth and seventh NSCs: this cutter will be Munro and
the next one, if it's built, will be Kimball. May 2, 2013. |
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Maritime Memos
- April 2013 |
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Who Cares
About Transportation?
Not this Administration,
apparently. Subject to confirmation, the new SecDot will be Anthony Foxx,
a 42-year-old lawyer who is currently the Mayor of Charlotte NC.
Read the NY Times coverage
here. No experience of the transportation industry,
but maybe he'll surprise us. April 29, 2013. |
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Canadian
Navy Duodecimated
The Vancouver Sun
reports that a US-flag trawler, the American Dynasty, broke loose from
its tow yesterday and rammed HMCS Winnipeg, (FFH 338), one of the Royal
Canadian Navy's few remaining surface combatants. Read the story
here. The American Dynasty was built in
Houston TX in 1975, by Mangone Shipbuilding, and was originally the Sea Bure,
an anchor-handling tug-supply ship (AHTS). Her victim, the Winnipeg,
was built in Saint John NB in 1995, by Saint John Shipbuilding, the ninth of the
RCN's twelve patrol frigates. April 25, 2013. |
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Vigor
Builds an Itsy-Bitsy Barge
Gollee, this is impressive
stuff. How sophisticated can the US shipbuilding industry get? Vigor
Industrial's Portland operation, US Fab, has built a 140-foot deck barge and
paid some subcontractors in Tacoma to put a couple of huts on it.
Read their press release
here. Their PA person makes it sound like they just built a
nuclear submarine: clearly another employee who needs to be transferred to the
warehouse. April 24, 2013. |
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Kings
Point Alumni Association Banned!
The insensitive brainlessness
of the DoT and MARAD continue to know no bounds. The latest disgraceful
performance came this week with the news that the Superintendent of the USMMA is
evicting the Kings Point Alumni Association from the campus.
Read the Association's letter to its members
here. What
the heck does DoT think it's doing? This is petty stuff. As many of
you probably worked out some time ago, I am not a great fan of Kings Point: I
don't think we need it and I don't like the way so many Kings Pointers preen and
promote themselves as the world's greatest merchant mariners. But shoot,
if we're going to have a federal academy for the training of merchant marine
officers, we shouldn't fiddle around in this middle ground, undermining the work
of the current management. We should define the academy's mission clearly,
fund it properly, manage it properly and measure its performance. Then, if
it performs, good; if it doesn't, close it down. April 24, 2013. |
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Horizon
Expands (The Other Horizon, That Is)
The Mobile
Press-Register reports that Horizon
Shipbuilding, which is by far the most interesting of all the small shipyards in
the Bayou La Bâtre area, has bought the property immediately across the bayou,
known locally as "the old Graham yard" and operated for many years as Offshore
Trawlers. Read the article
here. They plan to develop it for aluminum
boatbuilding and, one suspects, government contracts. Good for them.
St. George's Day, 2013. |
|
APL
Scraps the Last Four C-10s
The
Journal of Commerce reports that APL,
the Singaporean-controlled entity that used to be called American President
Lines, is going to scrap the last four C-10 containerships, the President
Adams, President Jackson, President Polk and
President Truman. Demand for US-flag ships is apparently much
reduced. Read the story
here. Note that the C-10s were the largest containerships in
the world when they were built in Germany in 1988 but are now obsolete at age
25: this is actually par for the course in international shipping, where
these ships operate, if not in the
strange little world of the Jones Act, where ships are kept going for 50
years or more. St. George's Day, 2013.
P.S.: It seems that I need to clarify the last sentence
above: see the inserts in italics. April 26, 2013. |
|
Carnival's
Curious Arithmetic
The headlines say that Carnival Corporation plans
to spend "more than $300 million" on improvements to its fleet of 24 ships, "to
enhance operating reliability and guest comfort", i.e., to ensure that their
recent spate of screw-ups is brought under control.
See their release
here.
That's an average investment of
about $12 million per ship. Read down, however, and one finds that the
plan is actually $600 to $700 million over all their brands, which involves 101
ships. That's an average investment of $6 to $7 million per ship.
Alternatively, if the first $300 million goes to the 24 Carnival ships, that
leaves $300 to $400 million for the other 77 ships. That's an average
investment of $4 to $5 million per ship. So, are the 24 Carnival ships
operated at lower levels of safety and reliability than the rest? Or are
they all operated to the same standards but the non-Carnival ships don't rate
the same level of improvement? Or what? April 18, 2013.
P.S.: An alert reader points out that Carnival's
announcement doesn't say whether or not the planned investment includes the
considerable costs of relocation and lost revenue. Good point.
April 18, 2013. |
|
Hornbeck
Loves Cajun Cooking
They've changed the names of the six 200-foot ex-SeaMar
boats which are being lengthened by Bollinger.
The HOS North is now the HOS Beignet and the HOS Davis
is now the HOS Boudin, while the HOS Byrd will become the
HOS Bourré, the HOS Hope will become the HOS Cayenne, the
HOS St. James will become the HOS Coquille and the HOS St.
John will become the HOS Chicory. Isn't that nice? April 16, 2013. |
|
Four
Years Later
The first of two coastal cruise ships, the
Pearl Seas, built by the Irving Group's Halifax Shipyard, was rejected by
its owner, Pearl Seas Cruises
in 2009. (Yes, that Halifax Shipyard, the one that the Government of
Canada thinks can build surface combatants.) Last week, four years of
disputation finally came to an end and she is currently under tow to
Chesapeake Shipbuilding,
in Salisbury MD, where she will be completed to her owners' satisfaction.
No risk of a dispute there, because Chesapeake Shipbuilding and Pearl Seas
Cruises are both controlled by American Cruise Lines. April 16, 2013. |
|
Signal
in Dispute with GLDD
Back in August, Signal International signed a
contract with Great Lakes Dredge & Dock for an ATB hopper dredge, a totally new
concept. Since then, it seems that this project has been beset by
design changes, with the usual negative impacts on both cost and schedule.
Anyway, Signal announced today that they were suspending work until these
problems can be resolved: read their release
here. According to Signal, GLDD's response was to
terminate the contract and to seek another shipbuilder. (Some chance that
they will find anyone who can build it for less money or in less time!) As
a result, Signal is demanding arbitration. OK, far be it from me to
attempt to be judge and jury in this case but three things seem to be obvious.
First, it sounds as though this contract was signed before the design was
anything like complete, which is always a bad idea. Second, the lead time
from contract to the start of construction was only 4-5 months, which doesn't
sound like it was ever going to be enough. And third, if the contract
calls for arbitration of disputes, then the disputes should be arbitrated,
shouldn't they? Well, we will see how things develop. April 15, 2013. |
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What's
the Deal?
Back in November, we reported that BAE Systems
had reached an agreement
with American Maritime Holdings for BAE to acquire MHI, the well-known Norfolk
shiprepairer formerly known as Marine Hydraulics (pictured on the right).
So here we are five months later and the Department of Justice has not yet
approved the deal, apparently because the Navy has not yet approved the deal.
By contrast, the Navy had no problem with GD buying Metro and Earl Industries.
So what's the difference in this case, Mr. Stackley? How long are you
going to keep these guys in limbo? If you're worried about competition,
you should have thought about that before you approved the Metro and Earl deals.
April 15, 2013. |
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A Bunch of New Names
The Secretary of the Navy has revealed seven new
names for ships under construction, all of them, amazingly, consistent with
their classes. Read the announcement
here. In brief, JHSVs 5, 6 and 7 will
be Trenton, Brunswick and Carson City; LPD 27 will be
Portland; LCSs 13 and 14 will be Wichita and Manchester; and
AGOR 28 will be Sally Ride. April 15, 2013. |
|
Note to PA People (and
Management)
In the joint Tidewater Leevac announcement
referenced below, everybody involved is either pleased or excited, if not both.
These days it seems that everybody quoted in every press release is pleased and
excited. Of course, none of these people actually said they were pleased
and excited: their PA people invented their words, and one might think that PA
people would know more than two verbs. So, note to PA people: use some
imagination. And note to management: if your PA person writes a press
release in which you are quoted as saying you're pleased and/or excited, suggest
that they either rewrite it or transfer to the warehouse. April
13, 2013. |
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Tidewater
Back at Leevac
Tidewater Marine, which already has two PSVs
under construction at Leevac and two more at Bay Shipbuilding, has returned to
Leevac for two more, plus an optional second pair. These will be of
Leevac's own design, the LDS 300 DE, pictured on the right. Read the joint
announcement
here.
April
13, 2013. |
|
DoD Budget Out at Last
A quick look reveals that the DoD is asking for
two SSNs (plus what looks like enough in Advance Procurement funds for two
more), one DDG, four LCSs and one AFSB. No money for CVNs and no money for
JHSVs. The total request is $14.7 billion for only eight ships.
April
10, 2013.
|
Line Item Title |
Cost Type Title |
Quantity |
Amount |
|
Carrier Replacement Program |
Subsequent Full Funding (CY) |
|
944,866 |
|
Virginia Class Submarine |
Weapon System Cost |
2 |
4,718,516 |
|
Virginia Class Submarine |
Less: Advance Procurement (PY) |
|
-835,073 |
|
Virginia Class Submarine |
Less: Subsequent Full Funding (FY) |
|
-952,739 |
|
Virginia Class Submarine |
Advance Procurement (CY) |
|
2,354,612 |
|
CVN Refueling Overhauls |
Subsequent Full Funding (CY) |
|
1,705,424 |
|
CVN Refueling Overhauls |
Advance Procurement (CY) |
|
245,793 |
|
DDG 1000 |
Weapon System Cost |
|
231,694 |
|
DDG-51 |
Weapon System Cost |
1 |
1,729,712 |
|
DDG-51 |
Less: Advance Procurement (PY) |
|
-114,148 |
|
DDG-51 |
Advance Procurement (CY) |
|
388,551 |
|
Littoral Combat Ship |
Weapon System Cost |
4 |
1,793,014 |
|
Afloat Forward Staging Base |
Weapon System Cost |
1 |
524,000 |
|
Joint High Speed Vessel |
Weapon System Cost |
|
2,732 |
|
Moored Training Ship |
Advance Procurement (CY) |
|
183,900 |
|
Outfitting |
Weapon System Cost |
|
450,163 |
|
LCAC SLEP |
Weapon System Cost |
4 |
80,987 |
|
Completion of PY Shipbuilding Programs |
Weapon System Cost |
|
625,800 |
|
Completion of PY Shipbuilding Programs |
LHA R (MEMO NON ADD) |
|
37,700 |
|
Completion of PY Shipbuilding Programs |
CVN (MEMO NON ADD) |
|
588,100 |
|
|
|
12 |
14,703,604 |
|
|
Bruce
Wilson Bows Out
Sad to report that one of the gurus of the Jones
Act, Bruce Wilson, left us in January. His quarterly report on the
coastwise petroleum products trades was required reading. He was very good
at what he did and he was a classically idiosyncratic maritime industry
personality: he will be missed. Fortunately, Dave St. Amand, of
Navigistics Consulting, has stepped in and taken the reins of Bruce's business -
Wilson, Gillette & Co. - so all that knowledge and experience will not be lost.
April
9, 2013. |
|
Navy
Cans Four from Guardian
WPBS in San Diego reports that the Commanding
Officer, the Executive Officer, the Assistant Navigator and the Officer of the
Deck of the USS Guardian, (MCM 5), have all been relieved. Read the
story
here. The rest of the crew have been reassigned to the USS
Warrior, (MCM 10), which had been in Bahrain and was headed home to San
Diego but which has now been reassigned to replace the Guardian. April
7, 2013. |
|
Parbuckling
Away in Italy
I'm sure that most of you are following the
salvage of the Costa Concordia. If not, check out the Parbuckling
Project web site, which you can find
here.
Terrific stuff. April 5, 2013. |
|
OSG
in Disarray
OSG has fired its CFO, Myles Itkin. Read the
announcement
here.
Yes, that's the same guy who got a retention bonus of $1.5 million only nine
months ago. It's a strange world. Almost as strange, he is being
replaced by Ian Blackley, who is a merchant mariner through and through, trained
in Glasgow at the legendary Stow College of Hairdressing (Scotland's version of
Kings Point, now the City of
Glasgow College) and then with P. & O. I'm all for Captain Blackley but
how exactly does he qualify for the position of CFO of a publicly traded
company? Boy, I'm glad I sold my OSG stock when I did. April 5, 2013. |
|
Another
Triumph Problem for Carnival
WKRG in Mobile reports that the notorious
Carnival Triumph has broken loose from its mooring in the BAE shipyard and
taken an unscheduled cruise across the Mobile River. Read the story
here.
Other sources report that she has rammed
the Corps of Engineers dredge Wheeler, which is in the Signal Ship Repair
yard, causing significant damage to both ships. More to come probably.
April 3, 2013.
P.S.: It seems that most of the damage was
done on the BAE side of the river, where she appears to have bashed one corner
of BAE's big floater. April 4, 2013.
P.P.S.: In addition, while this mishap
is primarily BAE's problem - obviously - it will inevitably result in more
cancelled cruises for Carnival. April 4, 2013. |
|
Isn't
MARAD Wonderful?
Where would we be without them? Read
today's cringe-making press release from SECDOT
here. I'm not sure where the figure $2 billion comes from: the
table below shows Title XI activity in this Administration. April 2, 2013,
which is, incidentally, the quincentenary of the discovery of continental North America by
Ponce de Léon, who came ashore in Melbourne Beach, Florida, on April 2, 1513. |
|
Applications Approved Since 1/1/09 |
|
Applicant |
FY |
Shipbuilder |
# |
Project |
Total Cost |
Title XI |
Approved |
|
Vessel Mgmt Svces |
2009 |
VT Halter Marine |
5 |
185,000-bbl ATBs |
$304,720,771.00 |
$266,629,000.00 |
01/16/09 |
|
Canal Barge Co |
2009 |
Trinity Madisonville |
9 |
Asphalt Barges |
$46,627,493.00 |
$40,799,000.00 |
09/30/09 |
|
|
|
Trinity Caruthersville |
30 |
Hopper Barges |
|
|
|
|
Foss Maritime Co |
2010 |
Orange Shipbuilding |
3 |
Bunker Barges |
$25,992,786.00 |
$22,743,000.00 |
03/29/10 |
|
Boldini SA |
2011 |
Eastern Shipbuilding |
5 |
PSVs |
$291,828,176.00 |
$240,756,000.00 |
03/08/11 |
|
OSG Lightering |
2011 |
Bender Shipbuilding |
2 |
342,775-bbl ATBs |
$278,755,527.00 |
$210,900,000.00 |
05/17/11 |
|
|
|
VT Halter Marine |
|
|
|
|
|
|
|
|
Tampa Ship |
|
|
|
|
|
|
Vessel Mgmt Svces |
2011 |
VT Halter Marine |
3 |
330,000-bbl ATBs |
$395,576,556.00 |
$346,129,000.00 |
08/11/11 |
|
TOTALS |
|
|
57 |
|
$1,343,501,309.00 |
$1,127,956,000.00 |
|
|
Applications Pending |
|
Applicant |
FY |
Shipbuilder |
# |
Project |
Total Cost |
Title XI |
Filed |
|
Pasha Hawaii |
2012 |
VT Halter Marine |
1 |
Container/Roro |
$178,217,000.00 |
$155,940,000.00 |
01/25/12 |
|
Legacy Leader LLC |
2012 |
Gulf Ship |
3 |
PSVs |
$422,550,000.00 |
$369,731,250.00 |
02/07/12 |
|
|
|
LA Ship |
2 |
PSVs |
|
|
|
|
|
|
NA Shipbuilding |
3 |
PSVs |
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|
|
|
|
|
Tampa Ship |
2 |
PSVs |
|
|
|
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TOTALS |
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|
11 |
|
$600,767,000.00 |
$525,671,250.00 |
|
|
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VT
Halter's Floater on the Way
The 12,000-ton dock around which VTHM plans to
develop its new ship repair operation has left the Keppel Philippines shipyard
where it's been undergoing some modifications. It's on one of Zhen Hua
Shipping's semi-submersible heavy-lift ships and is due in Pascagoula next
month. Looks good. April 1, 2013. |
|
A Penny
on the Dollar
The Anchorage Daily News reports that the
Matanuska-Susitna Borough has received only one bid, of only $751,000, for their
$80 million ferry-to-nowhere. The bidder was Workships Contractors, the
well-known Dutch firm, who would use it as an offshore wind farm support vessel.
Read the story
here. Everybody involved in promoting this joke of a boat must be
so proud. April 1, 2013. |
|
Click
HERE
to read earlier editions of
"Maritime Memos",
going back to 2001
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