Long Maritime Reporter 2004 Articles
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Maritime Reporter
on July 2004"Over the next five years it is expected that 15,000 offshore wells will be drilled worldwide, at a total cost of some $ 189 billion. Of these wells nearly 4,500 will be exploratory costing $75 billion, and around 10,500 will be development, costing $114bn. It is estimated that drilling and c
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- And Then There Were Two page: 22
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Maritime Reporter
on July 2004The long-awaited awarding of the contract to construct the new series of Littoral Combat Ships (LCS). a series that could total 60 ships worth $14 billion over 15 years, will have to wait just a little longer. However, the U.S. Navy in late May did pare the competition to two, with teams headed
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Maritime Reporter
on July 2004Hawaiian maritime tradition traces its roots to the huge ocean going outrigger canoes that took sophisticated navigators island hopping around the expanse of the Pacific Ocean. Today fiberglass versions of these canoes are put through their paces by canoe racing clubs. Other reincarnations of
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Maritime Reporter
on June 2004This June's two-year anniversary of the Coast Guard's award of contract for the Integrated Deepwater System reflects steady progress in efforts to modernize the nation's maritime guardians, but heightened concerns over falling readiness have led some congressional lawmakers to renew calls to
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- The Midas Touch page: 64
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Maritime Reporter
on June 2004Minimizing the risk of a water-borne or delivered terrorist attack is no small responsibility. Maritime Reporter visited recently with U.S. Coast Guard LCDR Stephen M. Midas. Chief, Planning and Risk Management Department, Marine Safety Office Hampton Roads, for some insights. When historians
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- JHOC: Eyes Wide Open page: 58
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on June 2004The Joint Harbor Operation Center (JHOC) — pronounced "Jay - Hawk" —v on Naval Station Norfolk is the pinnacle of cooperation between the U.S. Coast Guard and the U.S. Navy; jointly devised, outfitted, staffed and maintained to protect what is arguably one of the most diverse, sensitive and val
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Maritime Reporter
on June 2004The rush to shore up security along all links of the transportation chain — and the multi-billion dollar budgets that go with them — have naturally brought companies out of the woodwork in what some see as a dash for cash. While the Department of Homeland Security, still relatively in its inf
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- Flood Attracted to Water page: 30
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Maritime Reporter
on June 2004Appropriate, isn't it, that a man name Flood made his mark on the world painting nautical scenes. Born on the fourth of July in Philadelphia, James Flood has been sketching and painting from the time he was four. His early years embody the stereotypical mold of the artist type — restless and di
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- When the Clock Strikes Midnight page: 50
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on June 2004Coast Guard Atlantic Area includes five Coast Guard Districts spanning 14 million square miles and involves 30,000 personnel. Captain John E. Schrinner discusses his philosophy on making it run smoothly. When the clock strikes midnight June 30, 2004, the world will watch with wonder to see if s
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Maritime Reporter
on June 2004By any measure, 2003 was a turning point in the 213- year history of the U.S. Coast Guard. Beginning with the introduction of a new Maritime Strategy for Homeland Security early in the new year and continuing with its realignment under the Department of Homeland Security in March as part of the
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- New Era for Gas Engines page: 42
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Maritime Reporter
on June 2004With more than 300 lean-burn, spark-ignited gas engines supplied for stationary power applications over the past 15 years, Rolls-Royce is making a determined bid to break into the marine propulsion market with its newly-bolstered series of Norwegian-developed, gas-fueled Bergen engines. The pre
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- Ice Tech: The Northern Promise page: 42
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Maritime Reporter
on June 2004Increased interest in ice-classed tankers has been fostered to a great extent by the emergence of former Soviet Union (FSU) states as important players in the oil market. The FSU collectively, but with particular reference to Russia, Azerbaijan, Kazakhstan and Turkmenistan, has emerged as the e
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- LNG Fleet Needs to Triple by 2020 page: 38
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Maritime Reporter
on June 2004World LNG demand is forecast to rise from 158 billion cubic meter (bcm) to 269 bcm by 2010 and to 428.5 bcm by 2020. This growth represents an average annual trade growth of 7.6% over the near-term, with a slowing to 5.4% through to 2015 and 4.9% up to 2020. Such trade growth will necessitate
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- Will Oil Continue Heading Up? page: 34
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Maritime Reporter
on June 2004"Due to increasing demand and reducing reserves, oil prices currently at $40 are likely to soon enter a period of sustained rises resulting in a need to massively develop natural gas and renewable energy resources" according to John Westwood of energy analysts Douglas-Westwood. "Oil reserves
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Maritime Reporter
on June 2004Liner shipping is traditionally a cyclical business, subject to dramatic peaks and troughs and sudden changes in fortune in individual trade lanes. Today's ebullience among all sectors of container shipping, including its various intermediaries, compares starkly with the situation in the latt
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- Challenges facing IMO page: 26
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Maritime Reporter
on June 2004The first months of my tenure as Secretary- General of the international Maritime Organization have seen an extremely busy and productive period at the International Maritime Organization (IMO). and in this yearbook I am grateful for the opportunity to reflect on the past six months in general
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on June 2004In August 2000, Congress directed the President to appoint a group of experts to study the policy of the United States conwith respect to the oceans and make recommendations for changes. The legislative mandate was broad - covering protection of life and property; responsible stewardship; pr
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Maritime Reporter
on May 2004Soaring steel prices are now a major concern for leading shipbuilders. Uncertainty about spiraling material costs is even causing some yards to defer new orders, market reports indicate. "The lack of steel in some shipyards of the three major shipbuilding nations is causing newbuildings for
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- Greece Poised for Posidonia 2004 page: 42
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Maritime Reporter
on May 2004The year 2004 is shaping to be a monumental year for Greece, with the pinnacle being the hosting of the 2004 Summer Olympics from August 13-29 in Athens. While a maritime exhibition can hardly be mentioned in the same breath as an Olympic Games in terms of stature, the staging of the 19th bie
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Maritime Reporter
on May 2004Clearly, the maritime industry is one of the most powerful drivers of international commerce and economic vitality in the world. The statistics are astounding: • The worldwide fleet of marine containers - a transportation cargo unit that can hold up to 500 computer monitors - is nearly 11 mil