The global autonomous ships industry is expected to generate $134.9 billion by 2030, witnessing a CAGR of 4.4% from 2020 to 2030.This projection is premised on an increase in demand for cargo transportation from marines and surge in operational safety of ships drive the growth of the global autonomous ships industry, according to a report published by Allied Market Research.
Crowley Fuels has signed construction contracts to build a 55,000-barrel, articulated tug-barge (ATB) that is specifically designed to serve the Western Alaska market with delivery of clean fuel products.The 410-foot ATB will have enhanced performance features for the demanding river and sea conditions of Western Alaska
VT Halter in Pascagoula, MS has been on a strong run, capped by its winning the high-profile contract to build the U.S. Coast Guard’s next generation of icebreakers. Maritime Reporter recently spoke with Ron Baczkowski, President and CEO, VT Halter Marine, for insights on the shipyard’s recent success and future prospects.
Tsuneishi Shipbuilding Co, ship repair and manufacturing company in Japan, has received its first order from a shipowner in Japan for several 42,000-metric-ton log and bulk carriers Tsuneishi Economical Standard Ship (TESS) 42.The newly developed TESS42 follows the design concept of the TESS38 while improving transportation efficiency, with deadweight capacity increased by approximately 2
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced $19.6 million in grants to support capital improvements at 28 U.S. small shipyards as a part of its Small Shipyard Grant program. The grants enable small shipyards to modernize equipment and processes to fuel future growth.
Alabama's historic Gee's Bend Ferry recently entered service after being converted from geared-diesel to become the first zero-emission, electric-powered passenger/car ferry in the United States. Owned by the Alabama Department of Transportation (ALDOT) and operated by HMS Ferries, the 15-vehicle/132-passenger ferry runs on the Alabama River between Camden and Boykin, AL.
When enough to meet the need is not enough to get the help.From my office window in downtown St. Louis, I can see a dramatic illustration of the inefficiency in how our country moves freight. My office faces east, and I look down on a stretch of Interstate 70, that major east-west highway that runs from Baltimore to Interstate 15 in Utah.
John Fredriksen's offshore drilling firm Northern Drilling has ordered another newbuild rig having exercised a previously held option for the Cobalt Explorer drillship to be delivered by Daewoo Shipbuilding & Marine Engineering (DSME) by the first quarter of 2021.The drilling contractor said in a press release it has exercised the option for the 7th generation DP3 and ultra-deepwater drillship
The Inland Waterways View.At the start of any new year, we are often asked what our challenges will be or what we are going to do differently in the year ahead. However, in 2019, just like each year since Waterways Council, Inc. (WCI) was founded in 2003, we intend to stay the course to advocate for full and efficient funding for the U.S.
The ferry business, unlike more industrial parts of the shipping business, touches wide swaths of the world’s population across continents. The membership of Interferry, the leading trade group for the industry, with non-Governmental organization (NGO) status at the International Maritime Organization (IMO) includes 200+ members from all parts of the ferry spectrum.
U.S. Coast Guard Sector Sault Sainte Marie commenced Operation Taconite, the Coast Guard’s largest domestic icebreaking operation, Monday, in response to expanded ice growth in the commercial ports of Western Lake Superior and the St. Marys River.Operation Taconite encompasses Lake Superior, St. Marys River, Straits of Mackinac, Georgian Bay, Green Bay, northern Lake Huron, and Lake Michigan.
By Captain Andrew Kinsey, Senior Marine Risk Consultant, Allianz Global Corporate & SpecialtyConfusion reigns in the ongoing debate on autonomous and remotely operated vessels. Before constructive dialogs can take place, the parameters of the discussion need to be agreed upon. Bottom line: in order to understand each other, we need to be speaking the same language.