A marine tanker carrying industrial fuel sank in rough seas off the Philippines on Thursday, causing the death of a crew member and an oil spill that could spread to waters off the capital Manila, officials said.Sixteen of the 17 crew members of MT Terra Nova have been rescued, Transportation Secretary Jaime Bautista said, after the ship capsized off the coastal town of Limay in Bataan province.
A marine tanker carrying industrial fuel sank in rough seas off the Philippines on Thursday, causing a large oil spill as coast guard rescuers search for a missing crew member, officials said.Sixteen of the 17 crew members of MT Terra Nova have been rescued, Transportation Secretary Jaime Bautista said, after the ship capsized off the coastal town of Limay in Bataan province.
Shipbuilding group Austal on Thursday announced that its inaugural chairman, John Rothwell, is retiring from his position of Chairman of the company to serve on the Austal board as a non-executive director.Former U.S. Secretary of Navy Richard Spencer will replace Rothwell as Chairman, and will also join the board of Austal USA.
Eastern Shipbuilding Group (ESG) on Friday held a launch and christening ceremony for the ferry Long Island at its Allanton Shipyard in Panama City, Fla.Scheduled to be delivered later this year, the new Subchapter H passenger and auto ferry is being built for Bridgeport & Port Jefferson Steamboat Company, a subsidiary of McAllister Towing, for operations between Bridgeport, Conn.
The international maritime industry, led by the International Chamber of Shipping, has joined together to express their concern for the seafarers from the Galaxy Leader who have been held hostage and call on the Houthis to release them.Monday February 19, 2024 marks the three-month anniversary since the Houthis seized the Galaxy Leader and its 25 seafarers in the Red Sea.
The U.S. International Development Finance Corporation (DFC) said it will provide $553 million financing for a Colombo port terminal project, partly owned by India's Adani Group, advancing the first foray by an Indian company into the sector.Sri Lanka, an island off India's southern coast
Denmark's Orsted is still "committed" to developing offshore wind farms in the United States despite the company's cancellation of two projects off the coast of New Jersey, White House senior advisor John Podesta told Reuters on Monday.Podesta spoke with the company after its shock decision last week, he said in an interview.
Fort Lauderdale, Fla. based SEACOR Holdings Inc. announced it has signed a definitive agreement to sell its inland river transportation and logistics business to Ingram Barge Company LLC, a division of Nashville-based Ingram Marine Group.Part of the SEACOR family of businesses for over two decades, Inland River Transport Holdings LLC (SCF) includes more than 1,000 covered dry cargo hopper barges
Belgium's Euronav on Monday said that its two major shareholders CMB and Frontline have reached a deal that would see CMB take control of the oil tanker company and buy its remaining shares.The deal ends uncertainty over Euronav's future, after peer Frontline - controlled by Norwegian-born shipping tycoon John Fredriksen - in January scrapped a $4.
Companies from across the U.K. maritime sector and numerous government departments are coming together to develop a vision for making the country a global center of excellence for cruise lines looking to repair and refit their vessels.Britain’s maritime engineering industry already feeds into the cruise industry but sees significant untapped economic opportunity within the £2.
The American Bureau of Shipping (ABS) has awarded Approval in Principle (AIP) for Bumi Armada’s pioneering design for a floating carbon storage and injection unit (FCSIU).Bumi Armada’s FCSIU concept is a floating terminal capable of storing and injecting liquified carbon dioxide (LCO2) into depleted oil and gas fields or aquifers.
There's a new player in the Jones Act crew transfer vessel (CTV) market: Blue Ocean Transfers (BOT), based on Long Island, N.Y.The McQuilling-Partners-owned company is planning to build a fleet of CTVs to support the U.S. offshore wind industry as it ramps up to meet the Biden administration's goal of 30 gigawatts (GW) of offshore wind by 2030.