economic

INTERCEPTING AND INFLUENCING THE REGULATORY PROCESS

In 1985, the depressed state of the barge and towing industry further emphasized the longstanding need to secure a reasoned and stable regulatory environment for domestic marine transportation. This elusive goal took on greater importance as the

 

The Tugboat, Towboat and Barge Industry

This year. The American Waterways Operators (AWO), the national trade association for the tugboat, towboat and barge industry, celebrates its 60th anniversary. AWO members, representing the inland, coastal and harbor sectors of the industry, recently

The Environmental Wave: Successes And Challenges

Dena L. Wilson, V.P., Legislative Affairs American Waterways Operators In many respects, 1990 can be summed up as the year that began the Decade of the Environment, evidenced by enactment of major federal legislation reauthorizing the Clean

President Carter Presents $25,000 Prize For Energy-Saving Device

An energy-saving device that replaced steam traps on U.S. Navy ships won a $25,000 prize for the inventor, a civilian employee of the Navy, at a ceremony on the White House lawn. President Carter made the presentation to Lawrence L. Guzick for

Effectively Assessing Your Risks

One of the greatest challenges facing a lender in the maritime industry is appropriate assessment of risk. In this exciting, varied and vibrant industry, a lender's effective risk assessment requires a thorough understanding of the vagaries that characterize the industry.

EUROPE 1992: WHAT LIES AHEAD FOR U.S. COMPAHIES?

In all probability, the changes taking place in Europe will have a profound impact on the way ocean carriers do business in the years ahead. Of course, no one can predict exactly what the European economy will look like in 1992. While many people

Ship Financing Reforms Announced By Secretary Of Transportation Dole

Secretary of Transportation Elizabeth H. Dole has announced a series of reforms and improved criteria for Federal guarantees of private sector financing to construct, reconstruct, or rehabilitate vessels in U.S. shipyards. A new rule details amendments

Misplacing the Place of Refuge

On December 30, 2000, the tanker Castor was underway in the western Mediterranean Sea en route from Constanza, Romania to Lagos, Nigeria, carrying 29,470 tons of unleaded gasoline. During a fierce winter storm, the ship developed a 22-m long crack

Port Of Portland Names Task Force To Aid Staff On Master Terminal Plan

Port of Portland (Oregon) Commission president Joseph M. Edgar recently announced the appointment of a citizens task force to aid Port staff in the preparation of a master plan to guide the development of Port marine terminals through the year 2000.

Energy And Economic Security

Mideast War Underlines The Vital Need To Increase Domestic Oil Production In The U.S. The war in the Mideast has once again underlined oil's pivotal role in the maintenance of a healthy world economy. We depend on oil for much more than land and air transportation.

 
 
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