Nearly 200 towing vessels and 600 barges are queued on the Intracoastal Waterway while salvors work to clear a halved and partially sunken rock barge near Berwick, La., the U.S. Coast Guard said.A section of waterway has been closed since Sunday night, when a towing vessel pushing six rock-filled hopper barges ran aground at mile marker 99.
A new plan is being formulated to preserve and improve one of the world's most historic and well-known vessels.The record-setting superliner Queen Mary has been sitting permanently moored in Long beach, Calif. since its removal from transatlantic service in 1967. A 2015 survey revealed the once glorified liner has been in an escalating state of disrepair
A Lockheed Martin-led team has secured a multibillion dollar order from the U.S. Navy to build four Multi-Mission Surface Combatants ships for the Kingdom of Saudi Arabia, as part of the U.S.’s Foreign Military Sales program.Fincantieri Marinette Marine (FMM), who has been working with Lockheed Martin
Littoral Combat Ship (LCS) 19, the future USS St. Louis, has completed acceptance trials in Lake Michigan and will now undergo final outfitting and fine-tuning before delivery to the US Navy early next year.Christened and launched on December 15, 2018, LCS 19 was built by Marinette Marine in Marinette, Wis. The vessel is the seventh ship in naval service named after St. Louis, Mo.
Connectivity is the backbone of modern maritime operations as ships and boats at sea increasingly become connected. We recently met with Martin Kits van Heyningen, CEO, KVH, to discuss the evolution of communication in the maritime sector and so much more, as KVH is diverse and engaged in a number of markets -- including autonomy for 10 years with work on about 30 different platforms for
The Greek seaborne shipping and logistics company Navios Maritime Holdings sold its ship management division and certain general partnership interests to N Shipmanagement Acquisition Corp. (NSAC), affiliated with company’s chairman and chief executive officer, Angeliki Frangou.The provider of transport and transshipment of drybulk commodities received aggregate consideration of $20.
Eagle Bulk Shipping announced a $100 million convertible note offering in a private placement to qualified institutional buyers.Eagle Bulk intends to use the net proceeds from the offering to fund a portion of the aggregate purchase price of up to six modern high-specification Ultramax vessels and for general corporate purposes, including working capital.
Every few years I am handed a high-speed container transport proposal. Generally it consists of some type of high speed vessel design that would be able to move containers at high speed and thereby attract a new market by taking a chunk out of the air cargo market and the premium ocean market.
Denmark’s Ørsted won New Jersey’s first offshore wind solicitation with a 1.1-gigawatt project Ocean Wind, the largest offshore wind project to secure a development deal with a U.S. state to date.The New Jersey Board of Public Utilities (NJBPU) announced in a press note that it has selected Ocean Wind
Saudi Arabia’s state owned oil company Saudi Aramco will buy 5 million tons of liquid natural gas per year(LNG) from the U.S. company Sempra Energy, based in San Diego under a 20 year agreement.The heads of agreement (HOA) between the companies anticipates the negotiation and finalization of a definitive 20-year liquefied natural gas (LNG) sale-and-purchase agreement (SPA) for five million
Screening installation Marine Aggregate Dredger (MAD) 3500 has been fully assembled at the Damen Dredging yard.Last week the completion of the assembly of the screening installation of the CEMEX Go Innovation was celebrated at the Damen Dredging yard. The screening installation is designed for the aggregate dredger type MAD3500 currently under construction.
Japan expanded its search for a missing F-35 stealth fighter on with a maritime survey vessel joining a navy ship and a U.S. Navy salvage team is expected in the area in coming days, a Japanese air force spokesman said.Only small pieces of the Japanese Air Self Defense Force aircraft's tail have been found since the advanced jet disappeared from radar screens during an exercise with three other