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Ocean Business



October 2014 Issue

Crowley Receives License for Distribution of LNG into NFTA Countries
Crowley Maritime Corp. (Jacksonville, Florida) subsidiary Carib Energy LLC (Hamilton, Bermuda) has been granted a 20-year, small-scale U.S. Department of Energy export license for the supply, transportation and distribution of U.S.-sourced LNG into Non-Free Trade Agreement (NTFA) countries in the Caribbean, Central and South America. The licensing permits Crowley to export 14.6 billions of cubic feet (bcf), or 0.04 bcf per day of LNG—roughly the equivalent of 480,000 gallons per day—via 10,700-gallon ISO tanks to these regions.

Merger Forms OneWater Marine Holdings LLC
In a move uniting privately held freshwater and saltwater marine dealerships, Singleton Marine (Buford, Georgia), Legendary Marine (Gulf Shores, Alabama), Phil Dill Boats (Lewisville, Texas) and SMG Wake Houston (Conroe, Texas) have merged to form OneWater Marine Holdings LLC (Atlanta, Georgia).

OneWater Marine Chief Operating Officer Anthony Aisquith will lead day-to-day operations across all dealership locations.

AAPA 2014 Winners Announced
Successful entries in the American Association of Port Authorities’s (AAPA) 2014 environmental improvement and information technology award competitions have been named following a rigorous entry and selection process. The winners in these three programs, together with the 21 ports that submitted successful entries in AAPA’s 2014 communications awards program, will be recognized during AAPA’s annual convention and exposition, which is held in November and hosted by the Port of Houston Authority.

KVH and Transas Team Up To Update Electronic Charts
KVH Industries Inc. (Middletown, Rhode Island) and Transas (St. Petersburg, Russia) announced a strategic relationship to ensure vessels at sea receive affordable, timely updates of mandatory electronic chart data. The CHARTlink channel of KVH’s IP-MobileCast content delivery service will support delivery of chart and other data updates from Transas, a producer of electronic chart display and information systems. This is the first of many steps for delivery of value-added data for shipboard use with the IP-MobileCast service.

Blue Water Ventures International Mobilizes Large Sonar Survey Operation
Blue Water Ventures International Inc. (BWVI), based in Jacksonville, Florida, has begun mobilizing a large side scan sonar survey to be conducted off the East Coast of the United States. BWVI personnel have begun preparing boats, systems and support equipment for operations.

Phase one operations will focus on a 50-square-mile area along Florida’s treasure coast. This area of Florida’s coast is famous for the wrecks of the Spanish treasure fleet of 1715.Several of the ships of this fleet have never been located. BWVI operations will focus in deeper water off the coast where historical research indicates one or more of the lost galleons may be located.

ABS to Class Very Large Ethane Carrier
ABS (Houston, Texas) has been chosen to class the world’s first contracted series of very large ethane carriers (VLECs). The ships will be built in South Korea by Samsung Heavy Industries (SHI), based in Seoul, South Korea, for an Asian shipowner.

The contract is for six 87,000-cubic-meter VLECs, along with available options. The ships will be built at SHI’s main shipyard, based in Geoje, South Korea. ABS has built a large team of qualified gas surveyors at shipyards across South Korea.

CITGO Receives Marine Environmental Stewardship Award
CITGO Petroleum Corp. (Houston, Texas) was recently recognized by American Commercial Lines Inc. (ACL), based in Jeffersonville, Indiana, with its Marine Environmental Stewardship Award.

The award recognized ACL customers that safely handled more than 2 billion gallons of chemicals, petroleum products and other liquid cargo with the barge transportation company in 2013.

W&O Supplies Actuated Valve Solution For Floating Drydock
The United States’s largest floating drydock, the Vigorous, was delivered to Vigor Industrial’s (Portland, Oregon) shipyard on the Willamette River. W&O (Jacksonville, Florida) is one of the partners that supported Vigor in the $40 million project by providing an actuated valve solution for the ballast system of the drydock. From design specification through initial commissioning, the W&O team provided technical and product expertise for the Vigorous ballast system. One supplier for all of these components assured an integrated system that will provide long-term and reliable operation.

Teledyne to Acquire Bolt Technology Corp.
Teledyne Technologies Inc. (Thousand Oaks, California) and Bolt Technology Corp. (Norwalk, Connecticut) have entered into an agreement that provides for the merger of Bolt with a wholly owned subsidiary of Teledyne. Pursuant to the transaction, Teledyne will acquire all of the outstanding common shares of Bolt for $22 per share payable in cash.

The aggregate value for the transaction is approximately $171 million, taking into account Bolt’s stock options and net cash as of March 31, 2014. The transaction was unanimously approved by the boards of directors of Teledyne and Bolt.

Horizon Lines Receives Award
Horizon Lines Inc. (Charlotte, North Carolina) received Logistics Management magazine’s 2014 Quest for Quality Award in the ocean carriers segment. The annual survey is widely regarded in the transportation and logistics industry as a measure of customer satisfaction and performance excellence.

The company achieved high rankings from customers in the five attributes used to measure service excellence: on-time performance, customer service, value, information technology, and equipment and operations.

Teknologic Purchases the Assets Of Ross Laboratories Inc.
Teknologic Engineering Services Inc. (Edmonds, Washington) has completed the asset purchase of Ross Laboratories Inc. (Seattle, Washington) and formed a new company called Ross Labs LLC (Edmonds). The new company headquarters will continue to manufacture the line of Ross Hydrographic survey equipment, which is sold both in the U.S. and internationally.

Ross Labs LLC will manufacture the same products utilizing its previous employees.

Seattle Seahawks Adopt Coast Guard 13th District
The Seattle Seahawks organization (Seattle, Washington) formally adopted the Coast Guard 13th District during a ceremony at Joint Base Lewis-McChord, Washington. RAdm. Richard Gromlich, commander of the Coast Guard 13th District, accepted the honor from the Air Force 446th Airlift Wing, the unit honored last year. More than a dozen Seahawks players and members of the team’s cheerleading squad, the Seagals, met with hundreds of military members, signed autographs and posed for photographs.

Panama Canal Receives Third Shipment Of Gates for Expansion
The third shipment of four gates for the new locks of the Panama Canal expansion has arrived to the Atlantic entrance of the waterway.

The four gates arrived on board the Post-Panamax vessel Xia Zhi Yuan 6, owned by COSCO Ocean Shipping (Beijing, China). The shipment began its journey from Trieste, Italy, before crossing the Atlantic Ocean to reach the entrance of the Panama Canal, where it will be unloaded onto a special temporary dock. Only one shipment is left to receive all 16 gates required for the third set of locks.

Increase in Steel at Port of Houston Authority
More steel moved across the docks in July than any month since 2008, Executive Director Roger Guenther reported at a meeting of the port commission of the Port of Houston Authority (PHA). Guenther also noted that PHA has achieved a record, with operating revenues in July 2014 of more than $24 million. Steel and bulk cargo support a solid 5 percent growth in tonnage, he said. More than 22 million tons of cargo moved across Port Authority docks during the first seven months of the year.

Second 2014 Start-up in Deep-Water Gulf of Mexico Production is underway from the Cardamom development, the second major deep-water facility Shell (The Hague, Netherlands) has brought online in the U.S. Gulf of Mexico this year, following the start-up of Mars B in February. Oil from the Cardamom subsea development is piped through Shell’s Auger platform. When at full production of 50,000 barrels of oil equivalent a day (boe/d), Auger’s total production capacity will increase to 130,000 boe/d.


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