Page 54: of Marine News Magazine (October 2012)
Year in Review & Leadership
Read this page in Pdf, Flash or Html5 edition of October 2012 Marine News Magazine
PEOPLE & COMPANY NEWS Douglas Conway from Newcastle University in the Undergraduate category who designed a combined alternative energy solution of tidal and wind power. Paul Barker from Loughborough University, whose research is based on real time sonar measurement and how this affects marine life, was successful in the Postgraduate category. Seaway Cargo Shipments up 7% The St. Lawrence Seaway reported a 6.78 percent increase for total cargo shipments in August ? 4.3 million metric tons ? compared to August 2011. From March 22 to August 31, year-to-date total cargo shipments were 21.3 million metric tons, up 1.5% over the same period in 2011. MetalCraft Marine Celebrates 25th MetalCraft Marine recently celebrated its 25th anniversary of building boats along the waterfront of beautiful Kingston, Ontario. Carrying on the boat building tradition that was started on this same site over 100 years ago, the yard is currently building a 70? reboat for the Port of Houston at a value of $5 million. The MetalCraft journey extends from hull number 1 to hull, number 571.Kirby to Purchase Allied Transportation Assets Allied?s eet consists of 10 coastwise tank barges with a total liquid capacity of 680,000 barrels, three offshore dry-bulk barges with a total capacity of 48,000 deadweight tons, and seven tugboats. The total value of the cash transaction is anticipated to be $116 million (before post-closing adjustments and fees), including $10 million that will be paid contingent on developments with the sugar provisions in the U.S. Farm Bill. The purchase will be nanced through Kirby?s revolving credit facility. Kirby received the consent and commitment from participating banks to increase its unsecured revolving credit facility from $250 million to $325 million. The closing of the Allied transaction is expected to occur in the late third or early fourth quarter of 2012 and is subject to certain conditions, including expiration of the required waiting period under the Hart-Scott- Rodino Act. Great Lakes Shipyard to Repair USCG Cutter BUCKTHORN U.S. Coast Guard Cutter BUCKTHORN, a Sault Ste. Marie, Michigan-based 100-foot inland buoy tender, has arrived at Great Lakes Shipyard, Cleveland, Ohio, for extended inspection, maintenance, and repairs including steel repairs, cleaning, and painting. The buoy tender was hauled out on August 28 using the Shipyard?s 770-ton Marine Travelift. The BUCKTHORN was commissioned on August 18, 1963 and is the Great Lakes? oldest USCG cutter. It is also the rst USCG cutter on the Great Lakes to be drydocked using a Marine Travelift. Transport Canada, Coast Guard to inspect Seaway vessels Transport Canada and the U.S. Coast Guard are conducting a pilot project for joint Port State Control inspections on a limited number of non-Canadian and non-U.S.- ag vessels entering the Great Lakes/ St. Lawrence Seaway system. Port State Control inspections focus on increasing vessel safety, security, pollution prevention and monitoring living and working conditions for workers on the ships. Transport Canada and Coast Guard of cials will simultaneously inspect foreign- ag vessels entering the Great Lakes/St. Lawrence Seaway. Vessel participation in the pilot project will be voluntary; a vessel may stop the Coast Guard portion of the exam at any time during the process, since the joint exams will be carried out in Canadian waters. If the vessel then continues on to a U.S. port, the Coast Guard will conduct its normal foreign vessel examination at that time, if one is required. Reasonable efforts will be made to avoid delaying the vessel beyond the normal time required to conduct a Transport Canada inspection. This pilot project is extending through the fall of 2012. After its completion, Transport Canada and the Coast Guard will make recommendations on forming an ongoing bi-national foreign vessel inspection program. USPSBuckthornGRT Lakes Stone Carrier Metal Craft 25th AnniversaryOctober 201254 MNMNOct2012 Layout 50-58.indd 54MNOct2012 Layout 50-58.indd 5410/2/2012 10:32:38 AM10/2/2012 10:32:38 AM