The Ardent Group sold its Australian subsidiary Ardent Oceania Pty Ltd to its managing director Drew Shannon. It will continue as an independent company under the new name United Salvage Pty Ltd.Ardent, a maritime emergency management and wreck removal company created by the 2015 merger of salvage divisions of Svitzer and Crowley
Two dozen small shipyards in the U.S. have received a combined $19.6 million through the U.S. Department of Transportation’s Maritime Administration (MARAD) Small Shipyard Grant Program to help fund upgrades and expansions that often lead to more competitive operations, quality ship construction and improved employee skill.“This $19.
Small shipyards in the U.S. are critical to the nation’s maritime operations and economic security. Typically family-owned and employing less than 1,200 workers, America’s small shipyards support more than 400,000 jobs, employ more than 100,000 Americans directly and contribute tens of billions in gross domestic product, according to the U.S.
Carnival-owned Holland America Line, owner and operator of the coronavirus-stricken MS Zaandam, announced it will extend its pause of global cruise operations for an additional 30 days, cancelling sailings scheduled to depart through May 14, amid continued port closures and travel restrictions surrounding global health concerns.
Master Marine, Inc. has delivered a second towboat for Osage Marine Services, Inc. The newly built M/V Frank Mellor, like its sister ship, is a 67’ x 28’ vessel designed by Entech Designs, LLC. All USCG certificates for their Sub M compliance have been obtained.The towboat is powered by a pair of Laborde Products, S6R2-Y3MPTAW Mitsubishi 803 HP Tier III diesel marine engines to be operated at 1
Last year Kawasaki Kisen Kaisha, Ltd. (“K” Line) – one of the world’s largest and most influential ship owners with 478 ships comprising 40.5 million DWT and more than 6,000 employees – celebrated its 100th anniversary. Toyohisa Nakano, Executive Officer, in charge of Ship Technical and Environmental Affairs for “K” Line, is a 30+ year veteran of the company.
Hines Furlong Line currently has a trio of identical 6,000-horsepower towboats on order at C&C Marine and Repair in Belle Chasse, La.The timing is right to order the high-power newbuilds, said Kent Furlong, president and founder of Hines Furlong Line (HFL), citing the long-term implications of Subchapter M and the industry’s aging higher horsepower line haul fleet as key drivers behind the
When President Xi Jinping made his first state visit this year to Myanmar and signed new infrastructure contracts, there was no indication of the obstacle about to trip up China's plan for railways, ports and highways around the world: the coronavirus.Travel restrictions to prevent the spread of the disease, which has now killed more than 1,800 people
Diverse and conveniently located, St. Johns Ship Building has quickly developed into a reliable partner for its many repeat customers. Today, and as a direct result, a lot more people know exactly where Palatka, Florida is located.On the St Johns River, just 60 miles south of Jacksonville, lies the sleepy town of Palatka, Florida.
Japanese ship owner Kawasaki Kisen Kaisha (K Line) has received its second Corona-class coal carrier, Corona Zenith, in a single month.The 88,000 dwt special coal carrier is built at the Marugame Shipyard of Imabari Shipbuilding Co Ltd in Japan, said a press release.Corona Zenith is same type as “K” Line’s specialized fleet for transport of thermal coal known as the “Corona-series.
Greece-based Onex Elefsis Shipyards announced that it will allocate up to $400 million, over a 15-year period, to purchase and finance the operation of the Elefsina Shipyards, west of Piraeus.The Greek shipyard said that the US investment firm Chatsworth Securities has agreed with it to make an investment, as part of efforts to save the complex from bankruptcy.
In one a dramatic U.S. shipbuilding and repair move it was announced today that The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management signed a definitive agreement to acquire and merge Vigor Industrial LLC, an infrastructure, defense, and maritime services company based in Portland, Oregon, and MHI Holdings LLC, a ship repair, maintenance