• 2020 February 22 13:41

    CSBA study finds U.S. dredging industry a critical component of national security

    The Center for Strategic and Budgetary Assessments (CSBA) recently completed its historic study of the American maritime industry and national security.  Titled “Strengthening the U.S. Defense Maritime Industrial Base,” the study made several key points about America’s Jones Act.  The report is historic because it is the first major study of the entire American maritime industry and national security together in one setting, Dredging Contractors of America says in its news release.

    With respect to the Jones Act dredging industry the authors found:

    Jones Act Vessels Help Maintain U.S. Waterways and Keep America Secure

    CSBA emphasized the role that American dredgers and salvage operators play in “maintaining waterways and shipping lanes,” particularly the “more than 400 ports and 25,000 miles of navigation channels throughout the United States.”

    CSBA said, “A domestic dredging industry prevents the United States from depending on foreign companies to dredge its dozens of naval facilities, potentially opening up opportunities for sabotage or the depositing of underwater surveillance equipment.”

    Other Key findings:

    Jones Act Is an Important Part of America’s Defense Maritime Industrial Base and Should Be Maintained

    CSBA said, “The U.S. maritime industry is essential to American prosperity and security,” summarizing the contributions of the domestic maritime industry this way:

    Today, the domestic fleet provides the largest source of merchant mariners for U.S. surge sealift operations, supports shipbuilders that also construct government vessels, ensures the maintenance of the U.S. waterways and shipping lanes, and helps reduce the potential of foreign mariners illegally entering the United States.

    Jones Act Mariners are crucial to national security

    CSBA drilled down on the importance of Jones Act mariners in a contingency, saying, “The 3,830 mariners that operate large, ocean-going ships in the domestic fleet constitute about 29 percent of overall number MARAD estimates would be needed to operate U.S. surge sealift during wartime or another contingency.”  That 29 percent is the largest single commercial source of mariners.  CSBA said that during Operation Desert Storm, “the crews of 13 foreign ships refused to go into a war zone and deliver their cargo.  Not a single American crew refused.”

    The Jones Act Helps Maintain Shipyards and Ship Repair Yards, Which Are Crucial to National Security

    CSBA said, “The U.S. shipbuilding and repair industry is a major component of the defense maritime industrial base.” CSBA said:

    "[The shipbuilding industry] enables the United States to field and sustain one of the world’s largest navies, a coast guard that protects thousands of miles of U.S. coastline, and the domestic commercial fleet.  Construction and repair shipyards also provide a critical backstop to American seapower, ensuring that the United States retains the capability to expand or recapitalize its Navy or Coast Guard without relying on other nations".

    "Shipyards that build Jones Act vessels are needed to build smaller but important government vessels, and “The Jones Act requirements provide an additional demand for these shipyards to sustain them between government orders.” CSBA found that “[w]ithout the Jones Act’s requirements … it is likely the U.S. government would have few, if any, shipyards available to episodically recapitalize its smaller vessels.”




2020 April 8

11:05 SAFEEN acquires its largest service vessel to date
11:02 BC Ferries adjusted service levels due to Covid-19 pandemic
10:39 ABB increases remote support for ships to help customers during the COVID-19 outbreak
10:38 Port of Gdansk actively supports fight against coronavirus
10:16 Tallink Grupp’s vessels Megastar, Galaxy and Baltic Princess suspend passenger transport to Finland
09:53 MABUX: Bunker market this morning, Apr 08
09:40 Bunker prices start going up at the port of Saint-Petersburg, Russia
09:19 Baltic Dry Index is down to 596 points
08:47 Golden Ocean announces appointment of Ulrik Uhrenfeldt Andersen as CEO

2020 April 7

18:38 RF Government makes big decision to quit transshipment of NOVATEK’s LNG in Norway
17:27 BashVolgotanker opens navigation with first tanker leaving Samara for Kavkaz
17:03 IADC moves its seminar and course to 2nd half of 2020
16:49 RF Navy’s oceanographic research vessel "Admiral Vladimirsky" arrived in the Durville Sea
16:05 ECSA and ETF launch joint project WESS
15:51 Bunker prices are flat at the Far East ports of Russia (graph)
15:43 Port of Rotterdam adds Boxinsider to Portbase
15:28 Dredging works at LNG terminal in Klaipeda Seaport completed ahead of schedule
15:04 VTT to assess bio- and waste-based oils suitable for power plants and ships
14:43 Nordic Investment Bank is sponsoring expansion of Klaipeda Seaport
14:20 AET and TOTAL agree time charter for two LNG dual-fuel VLCCs
13:52 Rosmorport changed tariffs on crew boats services rendered in seaports of Eysk and Temryuk
13:29 Krasnoye Sormovo shipyard introduced short-time operation till 30 April 2020
12:54 Rosmorport announces tender to reconstruct coastal facilities of Vanino-Kholmsk ferry service
12:26 Rosmorport announces tender to build and reconstruct port infrastructure in Nikolskoye settlement
11:47 Hydrographic vessel of RF Navy’s Pacific Fleet continues its long-distance cruise to Antarctica
11:09 Hurtigruten temporarily suspends operations
10:25 Brent Crude futures price is up 3% to $34.04, Light Sweet Crude – up 3.53% to $27
10:08 Stena Line to furlough 600 employees and make 150 redundant in UK and the Republic of Ireland due to COVID-19
09:53 Extraordinary security measures undertaken by PORT FLEET operating in Big Port St. Petersburg
09:34 Nuclear-powered container carrier Sevmorput unloaded cargo for Arctic LNG 2 project
09:16 Baltic Dry Index is down to 604 points
09:02 Austria's overseas traffic via Hamburg remains stable
08:46 MABUX: Bunker market this morning, Apr 07
08:19 LR chosen for LNG Canada export terminal project in Kitimat

2020 April 6

18:37 Okeanis Eco Tankers announces three year VLCC time charter
18:06 Bureau Veritas helps to manage risk thanks to digitalized inspection services
17:45 Turnover of DeloPorts terminals in January-March of 2020 reached 2.6 mln tonnes, up 44% YoY
17:39 The production of Tallink’s new car and passenger ferry MyStar has started at Rauma shipyard
17:12 Maersk Container Industry signs first Star Cool milestone contract with Evergreen
17:06 Lloyd’s Register completes six-day, three-person audit for marine and offshore component and equipment business Whittaker Engineering
16:30 8,800 cbm of material dredged in Korsakov seaport
16:08 MABUX Digest: Top events on global bunker market: Week 14
16:06 CMA CGM cancels PSS for cargo from East Africa to Asia
15:59 The Korean Register releases the latest updated version of KR-CON
14:50 DNV GL’s new MMC unlocks unprecedented machinery efficiencies and insights
13:57 Technical fleet of Moscow Canal to begin navigation season on April 24
13:33 Construction of Tallink Grupp’s newest eco-friendly LNG-powered shuttle ferry to begin at RMC shipyard in Rauma
12:46 World Ports Covid19 Information Portal established
12:22 IMO issues guidance for delays in newbuild vessel deliveries due to COVID-19
12:00 Nanjing Jinling Shipyard launches the second of G5GG ro-ro vessels for Grimaldi Group
11:18 Average wholesale prices for М-100 HFO fell to RUB 6,299 in RF spot market
11:00 Port of Singapore remains open amidst additional precautionary measures
10:21 Brent Crude futures price is down 1.61% to $33.56, Light Sweet Crude – down 3.18% to $27.43
10:09 NovaAlgoma Short Sea Carriers takes delivery of new mini-bulker
09:50 CIMC Raffles cuts first steel for largest Ice Class ro-ro
09:34 MABUX: Bunker market this morning, Apr 06
09:32 RF Government approves draft Energy Strategy until 2035
09:15 Baltic Dry Index is down to 616 points

2020 April 5

17:08 USCG oversees disembarkation of 250,000 from cruise ships
16:23 PGS announces capacity adjustments, to lay-up its 3D vessels as a response measure to COVID-19