Us Federal Reserve

  • Drewry Shipping Consultants' latest report, "LNG Shipping Market Review 2003/04" provides insights and detailed assessment of the LNG shipping market's discrete, yet substantial, growth since the turn of the century.

    The report identifies which market trends have been contributing towards this growth and what will enable the market to sustain it. Various factors apply but, since the turn of the century, there has been a massive surge in interest in the previously conservative LNG business with unprecedented levels of ordering activity for new vessels and much increased interest in new supply projects and new/expanded projects.

    Drewry has highlighted the following current market characteristics as key to the LNG shipping industry's growth: • LNG trade set to grow at 7-8% per annum for the next decade • Costs are declining due to new technologies • South Korea and China emerging as major players • U.S. Federal Reserve calling for more LNG receiving terminals to be built • Industry opening up to new players Drewry's report highlights new technologies as a key element in the rise of the LNG shipping market by helping to bring costs down and make previously uneconomical projects viable. In ship design, new propulsion systems aim to replace the traditional steam turbine engines with smaller more efficient units that will not only reduce fuel costs but will also increase cargo carrying capacity.

    Ships could also be about to become bigger with the new Qatar projects to supply the U.S. and UK with gas widely tipped to produce the first order for a 200,000 cu. m. ship.

    Several new ships have been ordered with on board regasification facilities that will open up many new areas to the possibility of LNG imports and help overcome environmental objections to new LNG receiving terminals.

    "The remarkable growth currently being experienced within the LNG shipping market is not just a flash in the pan - market conditions indicate that it is likely to continue for at least another ten years due to, amongst other factors, reducing costs, increasing trade opportunities and a host of new entrants coming into the market," said Susan Oatway, Director of Bulk Shipping at Drewry.

    For information on ordering the report Circle 51 on Reader Service Card

  • gambling on U.S. passenger vessels and giving ocean freight consolidators more flexibility in fulfilling bonding requirements were recently sent by the House to the President's desk. It also approved and sent to the Senate a bill directing the Maritime Administration to scrap 116 obsolete vessels in

  • utility at the lowest cost of the ships offered. All 19 have national defense features. When delivered to MarAd, by November 30, 1984, the ships must be within class in accordance with American Bureau of Shipping Standards and certified by the U.S. Coast Guard as capable of 180 days of sustained

  • Agreement has been reached by House and Senate negotiators on funding for several maritime agencies and their programs. A Senate-House conference committee, working on a $22.1 billion appropriations measure for the Departments of Commerce, Justice, and State, the Judiciary and related agencies

  • the most modern and capable RO/RO and heavy-lift/barge ships at the lowest possible purchase and life cycle cost. When delivered to MarAd, the ships must be within class in accordance with American Bureau of Shipping standards and certified by the U.S. Coast Guard as capable of 180 days of sustained

  • . 858, 49 Stat. 1985). To promote the U.S. merchant fleet and encourage domestic shipbuilding, the act, as amended, provides federal guarantees of debt used to finance the purchase or construction of privately owned American-fl agged vessels built in U.S. shipyards. If a borrower defaults on a loan

  • activated in support of Operation Desert Shield/Desert Storm. Operations & Training—The $78 million funding is an increase of $5.2 million over the previous fiscal year. The funding will provide continued support of the U.S. Merchant Marine Academy and support State maritime schools, management of maritime

  • last July. He is the seventh person to hold the superintendent's post since the federal maritime school was dedicated in 1943. A 1950 academy alumnus, he sailed aboard United States Lines passenger vessels after graduation and served in the U.S. Navy before joining the academy's faculty in 1958

  • Region director, based in New York City. In this capacity he administered Federal programs that assist the U.S. shipping, shipbuilding, and port industries in a 17- state region s t r e t c h i n g from Maine to Florida. He also was responsible for maintenance of the National Defense Reserve Fleet

  • This summer, the Administration released the innocuously named “Guide to Regional Marine Planning,” and across town, the House of Representatives passed the latest in a string of resolutions restricting the Administration from spending money on the implementation of the National Ocean Policy. The battle

  • Barge Co., it was announced by Robert A. Kyle, president of Triangle Fleeting. United and Triangle are part of the Inland Waterways Division of Pott Industries Inc., St. Louis, Mo., which also includes Federal Barge Lines, Inc. In his new position, Mr. Kindl will be responsible for the total operation

  • Mixed Government Support for U.S. Shipbuilding.It has been a busy start to the 116th Congress for the U.S. shipbuilding industry, with three congressional hearings in early March focused on the industry’s role as a critical component of the U.S. national security industrial base. In addition, the Consolidated

  • MR Nov-19#3rd Cover Visit us at
the International 
WorkBoat Show 
Booth  #)
    November 2019 - Maritime Reporter and Engineering News page: 3rd Cover

    Visit us at the International WorkBoat Show Booth # 3409 TEL: +1 904-354-6566 732 PARKER STREET FAX: +1 904-358-7862 JACKSONVILLE, FLORIDA 32202 EMAIL: INFO@KEMARINE.COM UNITED STATES OF AMERICA URL: WWW.KEMARINE.COM COV2, C3 &C4 MR NOV 2019.indd 2 10/28/2019 10:18:48 AM

  • MR Nov-19#96  . . . . . . . .Please visit us online
3American VULKAN)
    November 2019 - Maritime Reporter and Engineering News page: 96

    .com/crane/ . . . . . . . . . . .(800) 285-7000 31Kongsberg Maritime . . . . . . . . . . . .www.kongsberg.com/maritime . . . . . . . .Please visit us online 3American VULKAN Corporation . . . .www.vulkan.com . . . . . . . . . . . . . . . . . . . . . . .(863) 324-2424 5KVH Industries, Inc . . . . .

  • MR Nov-19#84  kW) diesel motor or 
American customers next year. At an es-
9
Sout)
    November 2019 - Maritime Reporter and Engineering News page: 84

    Series model to North handler ever built. The 895 E is powered standard undercarriages. www.senebogen.com by a 755 HP (563 kW) diesel motor or American customers next year. At an es- 9 Southampton JUNE TO 2020 United Kingdom 11 Seawork is open for business – all year Reserve now for 2020. Make the most of

  • MR Nov-19#83  60 years in the marine 
industry. With a longstanding)
    November 2019 - Maritime Reporter and Engineering News page: 83

    ,)(DGLYLVLRQRI/LIH,QGXVWULHV proud manufacturers of boat sealants, cleaners, compounds, waxes and epoxies, is now celebrating 60 years in the marine industry. With a longstanding reputation for quality, affordability, and trust, we are pleased to serve various marine industries on an ongoing basis. Contact:

  • MR Nov-19#81  built as part of the teaming  USS Delaware (BB 28), which)
    November 2019 - Maritime Reporter and Engineering News page: 81

    V VESSELS and the 18th built as part of the teaming USS Delaware (BB 28), which was de- 2013. The submarine was christened by VLCC with New SOx agreement with General Dynamics Elec- livered by Newport News in 1910. Jill Biden, the former Second Lady of Scrubber Delivered tric Boat. More than 10

  • MR Nov-19#76 ,  the embarking any mariner, a trusted  2012. There are several)
    November 2019 - Maritime Reporter and Engineering News page: 76

    Care: Managing Mariner Medical Care By Joe Keefe he competent authority shall as the population on shore enjoys. But, the embarking any mariner, a trusted 2012. There are several key aspects to require that, prior to begin- that’s not always the case. In case of medical consultancy is already at work

  • MR Nov-19#75  
AMETEK Land, a provider of combus-
tion ef?  ciency and environment)
    November 2019 - Maritime Reporter and Engineering News page: 75

    E EMISSION REDUCTION TECH FILES AMETEK Land Emissions Monitoring AMETEK Land, a provider of combus- tion ef? ciency and environmental pollutant emissions monitoring instrumentation, has launched two new continuous emission mon- itoring systems (PM-CEMS) to provide accu- rate and reliable measurement of

  • MR Nov-19#72  be true.  vironment.  
Agreenhouse gases by 50%  uary 2020)
    November 2019 - Maritime Reporter and Engineering News page: 72

    is the bene? t to the en- maritime sector’s output of As a result, it is estimated that by 1 Jan- dium term. This may be true. vironment. Agreenhouse gases by 50% uary 2020, 4,000 vessels will have ? tted But the supply of HSFO is not likely Shipowners and operators could learn over the next

  • MR Nov-19#66  a 
Senior Claims Executive and Business Develop-
ment Director)
    November 2019 - Maritime Reporter and Engineering News page: 66

    , AMERICAN P&I CLUB Trailblazer Boriana Farrar is a familiar face in maritime circles, the Vice President and Counsel and a Senior Claims Executive and Business Develop- ment Director for the Americas at the Ship Owners Claims Bureau, Inc. managers of the American P&I Club. We met with her in her NYC of

  • MR Nov-19#65  will be connecting the  es using modern communication)
    November 2019 - Maritime Reporter and Engineering News page: 65

    enhanced surveying practic- next decade. For such vessels to be vi- at least double the price of fuels today. gamechanger will be connecting the es using modern communication tools able, shipowners, and charterers need However, given societal expectations it ship to the shore, or the tanker to the

  • MR Nov-19#63  in the largest players in the industry.” they’re a 120-year-old)
    November 2019 - Maritime Reporter and Engineering News page: 63

    and ef? ciency, they are far ahead, but curve, Europe and globally.” But, while The prototype system was installed in in the largest players in the industry.” they’re a 120-year-old industry. Offshore there’s room for improvement, the les- 30m water depth in August last year – us- “In terms of processes

  • MR Nov-19#61  the off-
Source: ALE
shore wind business since 2006. Since then)
    November 2019 - Maritime Reporter and Engineering News page: 61

    wind farms are currently under construction.” Esteyo’s ELICAN Seajacks concept. UK-based Seajacks has been operating in the off- Source: ALE shore wind business since 2006. Since then, it’s built the Kraken, Leviathan, Hydra, Zaratan and most re- cently, Scylla jack-ups. Seajacks expects to see the next

  • MR Nov-19#57  of this material can be  torious harmful shipbreaking operations)
    November 2019 - Maritime Reporter and Engineering News page: 57

    ENVIRONMENTAL GREEN SHIP RECYCLING Furthermore, all of this material can be torious harmful shipbreaking operations, give them business. So there has to be a an actual ship recycling project to ? nd traced downstream to a licenced disposal it appears that the desirability of ship balance. You cannot

  • MR Nov-19#56  that ?  t the actual 
to use the words ‘certifying’)
    November 2019 - Maritime Reporter and Engineering News page: 56

    stated, “We are careful not but choose not to follow the regulations In order to ensure that EU SSR and HKC are making procedures that ? t the actual to use the words ‘certifying’ or ‘validat- when they are not being externally moni- are adhered to in-practice, Mrs. Salt- equipment and work cultures that

  • MR Nov-19#53 Visit us 
at IWBS 
booth 
#????
POWERFUL 
INSIGHTS INTO)
    November 2019 - Maritime Reporter and Engineering News page: 53

    Visit us at IWBS booth #???? POWERFUL INSIGHTS INTO YOUR FLEET’S PERFORMANCE The market-leading FUELTRAX smart, self-contained fuel management solution connects you to every vessel, anywhere in the world. Accurate and secure data insights, delivered in real-time, enable you to make informed decisions

  • MR Nov-19#46 SHIPBUILDING USCG POLAR SECURITY CUTTER
the region. The)
    November 2019 - Maritime Reporter and Engineering News page: 46

    SHIPBUILDING USCG POLAR SECURITY CUTTER the region. The Coast Guard is the sole to man, and there are signi? cant natu- economic investments with every Arctic Urgent requirement provider and operator of the U.S. polar ral resources there,” said Coast Guard nation in key strategic areas, such as oil

  • MR Nov-19#45 SHIPBUILDING USCG POLAR SECURITY CUTTER
Polar Security)
    November 2019 - Maritime Reporter and Engineering News page: 45

    SHIPBUILDING USCG POLAR SECURITY CUTTER Polar Security Cutter will provide meaningful presence in polar regions By Edward Lundquist he Coast Guard needs a ship economic zone above the Arctic Circle). ed. Protecting America’s interests in the Coast Guard leadership and presence that can do more than

  • MR Nov-19#44 SHIPBUILDING USCG POLAR SECURITY CUTTER
An emperor penguin)
    November 2019 - Maritime Reporter and Engineering News page: 44

    SHIPBUILDING USCG POLAR SECURITY CUTTER An emperor penguin poses for a photo in front of the Coast Guard Cutter Polar Star in McMurdo Sound near Antarctica on Wednesday, Jan. 10, 2018. The crew of the Seattle-based Polar Star is on its way to Antarctica in support of Operation Deep Freeze 2018, the U.S.

  • MR Nov-19#43  COMPANY
Are the Z-drives as robust as conven- off the exterior)
    November 2019 - Maritime Reporter and Engineering News page: 43

    WORKBOATS SOUTHERN TOWING COMPANY Are the Z-drives as robust as conven- off the exterior edges of the propeller. you have more of an effect on slowing awesome, it is just a phenomenal orga- tional? No. But life is a compromise and You can have a cort nozzle that solves down the vessel at 90 degrees than

  • MR Nov-19#42   cant … were questions in the industry as to the  solution.)
    November 2019 - Maritime Reporter and Engineering News page: 42

    WORKBOATS SOUTHERN TOWING COMPANY That’s signi? cant … were questions in the industry as to the solution. In my ? rst 12 months my con- gether.” And from that point on, we have It is signi? cant. There are still naysay- units robustness. versations with ZF were challenging to re? ned the Z-drive we

  • MR Nov-19#41 .”
times everything else just falls into place. I like)
    November 2019 - Maritime Reporter and Engineering News page: 41

    ... the safety contribution that Z-drives makes to marine transpor- tation – especially barge marine transportation – is dramatic.” times everything else just falls into place. I like to say but there are other people that haul fertilizer. I don’t a another naval arch to pursue another way of improv- we

  • MR Nov-19#36  don’t have a 
place in our industry.
• Service To Customers:)
    November 2019 - Maritime Reporter and Engineering News page: 36

    responsible for your actions and for your inactions.” • Safely Transporting Cargo: “If you don’t safely transport cargo, you don’t have a place in our industry. • Service To Customers: “Everything is about customer service.” • Support the Crew: “Taking care of people means you take care of your employee

  • MR Nov-19#32  actual demand  seeing dayrates just above $40,500, 
ing in)
    November 2019 - Maritime Reporter and Engineering News page: 32

    Eastern Mediterranean Photos: Iain Cameron ering longer term sentiments. A reckon- Tidewater units are oper- to point to actual demand seeing dayrates just above $40,500, ing in an early September 2019 confer- ating, its slide deck points drivers when they are more than double those of a year earlier

  • MR Nov-19#30   barrel) follow a similar  sustained a missile attack )
    November 2019 - Maritime Reporter and Engineering News page: 30

    is, natural- nearby at around $60/ ters as an Iranian tanker continued momentum in the U.S. Gulf ly, closely tied to the price barrel) follow a similar sustained a missile attack of Mexico, stressed the new openings of oil. Seacor Marine’s John pattern. Natural gas prices also remain in the Red Sea a