Recently conducted trials of Robertson's Disc Navigation System, an Electronic Chart Display and Information System, aboard a Norwegian paper carrier may have a great deal of impact on the future of navigation safety. Knut Magnus Skaar, director of Seatrans A/S,
During last year's drought crisis, the AWO won high praise from the Secretary of Transportation for its efforts to help the barge and towing industry. "I want to officially commend the American Waterways Operators for an outstanding job in helping
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
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
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
Paolo A. Gamboni, chairman and chief executive officer of Worthington Pump Inc., has been selected to receive the highest honor Italy awards to businessmen for contributions to economic development, industrial advancement and social improvement of Italy.
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.
A tale of survival could best describe John S. Burnett's experience onboard his sloop Unicorn in January 1992. Sailing solo across the South China Sea to Singapore — one of the busiest shipping lanes in the world — Burnett was attacked by pirates.
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
Since the worst-case scenario became a reality with September's terrorist attacks in the U.S.. organizations of all kinds have been forced to re-evaluate how security applies to their operations. While the nation's focus has been primarily on the aviation industry,