United States Senate
-
- Tidewater: Effects of New Tax Bill Are Positive Maritime Reporter, Nov 2004 #86
Tidewater said that certain provisions of the newly enacted "American Jobs Creation Act of 2004" could have a significant positive effect on its future earnings and cash flows. The Act. which has been approved by both the United States Senate and House of Representatives, was at press time expected to be signed by the President. Under its current operating structure, the Act will afford Tidewater the ability to omit the majority of future international operating income from then current U.S.
taxable income. The particular relevant provision, to be effective for Tidewater as of April 1, 2005, would thus enhance future cash flow as well as reported financial earnings by removing such international income from being subjected to the current United States statutory tax rate of 35%. However, such international income has historically been taxed in the relevant foreign jurisdictions at a rate that approximates 18- 19% annually, which should remain unaffected by the passage of this legislation.
In recent fiscal years, substantially all of Tidewater's income has been generated by its international operations. "The Act," said Chairman and CEO of Tidewater, Dean E. Taylor, "will go a long way toward achieving the goal of putting worldwide competition for United States shipping companies on a level playing field by instituting a taxing scheme similar to that enjoyed by most of our international competitors." Tidewater Inc. owns and operates nearly 570 vessels, the world's largest lleet of vessels serving the global offshore energy industry.
-
- Jeffboat Delivers The Thruston B. Morton Maritime Reporter, Sep 1978 #6
Yale University in 1929. Following his graduation, he worked for Ballard and Ballard, a grain and milling company, and served a tour of duty with the United States Navy. In 1946, Mr. Morton was elected to the United States House of Representatives, serving as Congressman from the Third District of
-
- Offshore Insights from OMSA's Ben Billings Marine News, Mar 2014 #12
relax certain aspects of the Jones Act continues. Fortunately, Billings knows his way around the Hill. Prior to joining OMSA, Billings worked in the United States Senate for Senator Mary Landrieu and the Senate Homeland Security Committee, where he held various positions including Senior Policy Advisor, Legislative
-
- Expect the Unexpected: Acidic Oceans Marine Technology, Mar 2014 #44
for consideration by Subcommittee on Oceans, Atmosphere, Fisheries, and Coast Guard of the Committee on Commerce, Science, and Transportation United States Senate. (3) Collins, S., Rost, B., Rynearson, T. A. (2014). Evolutionary potential of marine phytoplankton under ocean acidification. Evolutionary
-
)
March 2024 - Marine Technology Reporter page: 35Figure 1 A self-righting vehicle design with buoyancy high and weight low, WHOI’s SeaBED AUV captures the attention of a pair of curious Antarctic penguins as it is deployed from the British research vessel James Clark Ross. Vehicle designers allowed for temperature reduction of battery capacity. Recharge
-
)
March 2024 - Marine Technology Reporter page: 33regulated industry in the world.” How- ever, commercial success depends on many factors, not least a predictable OPEX. Over the past four years, SMD has worked with Oil States Industries to calculate cost per tonne ? gures for prospective customers. Patania II uses jet water pumps to Oil States’
-
)
April 2024 - Maritime Reporter and Engineering News page: 48Silicon Sensing Systems Ltd, Clittaford Road Southway, Massa Products Corporation, 280 Lincoln Street, UNDERWATER SONAR SENSORS Plymouth, Devon PL6 6DE United Kingdom , UK , Hingham, MA 02043-1796 , tel:(781) 749-4800, tel:+44 (0) 1752 723330, [email protected] [email protected] contact: Nick Landis
-
)
April 2024 - Maritime Reporter and Engineering News page: 39Tech Files Latest Products, Systems and Ship Designs “Wall Climbing Robot” Danish Pilot calls gets ClassNK Nod LEGO Model "A tribute build to a work life at sea" Image courtesy MOL, Sumitomo Heavy Industries lassNK granted its Innovation Endorse- Image courtesy Espen Andersen/DanPilot ment for
-
)
April 2024 - Maritime Reporter and Engineering News page: 29RADM PHILIP SOBECK, MILITARY SEALIFT COMMAND U.S. Navy photo by Bill Mesta/released U.S. Navy photo by Ryan Carter Rear Adm. Philip Sobeck, Commander, United States Navy’s Military Sealift Command, visits USNS Patuxent (T-AO 201) for a tour of the ship at Naval Station Norfolk, Va., November 20, 2023. ENDLESS
-
)
April 2024 - Maritime Reporter and Engineering News page: 27RADM PHILIP SOBECK, MILITARY SEALIFT COMMAND With COVID, we had to make some hard choices for our Do your CIVMARs have upward mobility? mariners because we couldn’t rotate. Many of our mariners The Navy has Sailors who become “Mustangs,” and work found other employment, and were able to use their skills
-
)
April 2024 - Maritime Reporter and Engineering News page: 26and emergency medical ships. A large percentage of our ships are 40 years old or older and need to be replaced.” Rear Adm. Philip Sobeck, Commander, United States Navy’s Military Sealift Command Military Sealift Command’s expeditionary fast transport ship USNS Burlington (T-EPF 10) pulls into Joint Expedition
-
)
April 2024 - Maritime Reporter and Engineering News page: 12about methanol This study concluded that the Toyota Prius Prime is the green- where we concluded that methanol is a prom- est car you can buy in the United States. ising sustainable liquid fuel for transportation The Council assesses vehicle “green scores” not only by Mdevices when batteries cannot
-
)
April 2024 - Maritime Reporter and Engineering News page: 7- EWIGXSVWTIGMjGIZIRXJSVJEWXZIWWIPW 11 operating at high speed forsecurity Southampton JUNE in partnership with TO interventions and Search & Rescue. United Kingdom ???? 13 Celebrate innovation and excellence in the commercial marine industry at The European For more information (SQQIVGMEP2EVMRI&[EVHW *(2&W
-
)
April 2024 - Marine News page: 42People & Companies Nevey to Head TAI Hires Kalla Washington State Ferries TAI Engineers appointed Amer Steve Nevey has been selected to Kalla as director of production design. serve as assistant secretary for the FMC Names Usman CIO Washington State Ferries Division, Nevey Schwandt succeeding Patty
-
)
April 2024 - Marine News page: 40Vessels General Arnold Chasse, La. The 32-inch CSD will immediately begin work on Phase Four of the Corpus Christi Ship Channel Improvement Project. The project will bene? cially reuse 100% of the dredged material removed from the channel deepening and widening. The General Arnold is the newest,
-
)
April 2024 - Marine News page: 38collaboration Imagine a shipyard as a football team, where the dis- parate execution of roles, along with precise timing and placement are paramount for a united victory. Just as dif- ferent football teams leverage their unique strengths to create an advantage to win games, shipyards must em- ploy unique strategies
-
)
April 2024 - Marine News page: 32? rst fully electric tug in the Crowley we began to think it was possible to do it here as well.” ? eet, but it is also the ? rst of its kind in the United States. So, Crowley set out to produce an electric tug of its own, Faced with stricter regulations and commercial pressure and in 2021—the same year
-
)
April 2024 - Marine News page: 31Keppel AmFELS), in Brownsville, Texas on Charybdis, the sole Jones Act compliant wind tur- bine installation vessel (WTIV) un- der construction in the United States. The most recent announcements have put the WTIV’s cost at $625 mil- lion, with delivery pushed back to late 2024/early 2025. www.marinelink
-
)
April 2024 - Marine News page: 28Feature Shipbuilding WindServe Marine you don’t have the sustained backlog.” Previous editions of Marine News’ U.S. Shipbuilding re- port have noted the increasing concern about what ABS’s Bleiberg (moderating the Marine Money panel) called “the big push for sustainable” shipping”, adding that: “What we
-
)
April 2024 - Marine News page: 18Column Cybersecurity The Maritime Industry Has Unique Cybersecurity Challenges By Joe Nicastro, Field CTO, Legit Security With supply chain attacks on the rise, works, while foundational, have not evolved in tandem and nation-state attackers constantly looking for new ways with these digital threats
-
)
April 2024 - Marine News page: 17OpEd Shipbuilding can industrial base. building, repairing, repowering and local communities at a time in which Second, the Congress must pri- maintaining ships, not to mention our maritime strength is needed more oritize stable and predictable budgets the massive supply chain that sup- than ever
-
)
April 2024 - Marine News page: 16readiness. In fact, on March 12, Wisconsin Senator Tammy the importance of strengthening the Jones Act. Baldwin, Pennsylvania Senator Bob Casey and the United First, the U.S. must create a de? nable national maritime Steelworkers, among others, joined together to call for the strategy that bolsters the
-
)
April 2024 - Marine News page: 15Q&A time, sometimes we win in game seven, but it really takes now to make sure that folks understand that tug and barge a united industry, and so I just really appreciate the great transportation is the most sustainable mode of freight work of AWO members, of coalition partners, shippers, transportation?
-
)
April 2024 - Marine News page: 14like to see both We’re trying to do hard things, and so it’s really impor- agencies move forward quickly. They’re already really late. tant that we are a united industry, that we’re ? elding a full They’ve blown past their statutory deadlines. They need to team and that we are pushing hard together to tackle
-
)
April 2024 - Marine News page: 12clearer guidance on when ATB support our industry. barges can be authorized to be conditionally occupied, that As we try to serve as the industry’s united voice, we are is, when somebody can go from the tug onto the barge and partnering with other organizations to spread the good work there for a period
-
)
April 2024 - Marine News page: 10shy away from making improve- dustry’s advocate, as a resource for the industry, as the ments, making upgrades to support safety and environ- industry’s united voice. But what are the issues? What mental sustainability. You’ve seen that many times over are the challenges? What are the things that could really
-
)
April 2024 - Marine News page: 8By the Numbers US Inland Waterways: Economic Impact by State In 2021, nearly 500 million tons of goods valued at more than $158 billion moved on the U.S. inland waterways system, which includes a vast network of 12,000 miles of connecting waterways and 219 locks. The U.S. Department of Transportation
-
)
April 2024 - Marine News page: 6in Cozen O’Connor’s Transportation Wave Media titles. & Trade Group. He focuses his practice on strategic and operational matters affecting the United States 4 Joe Nicastro maritime industry and on government contracts is a former cybersecurity analyst for the Coast Guard across all industries