Seattle-headquartered Saltchuk on Wednesday announced it has completed its acquisition of Overseas Shipholding Group (OSG), a New York-listed marine transportation company based in Tampa, Fla.Privately-held Saltchuk—previously OSG’s largest shareholder—said it completed a $950 million transaction to purchase all outstanding shares of OSG common stock at $8.
Even though there is still a substantial amount of wooden yacht construction and restoration out there, wooden hull construction has pretty much gone the way of the mastodonts.To find a new commercial wooden vessel project would be quite a challenge. Except if you happen to know Scarano Boatworks. Scarano Boats was founded by brothers John and Rick Scarano in 1986.
Damen Shipyards Group has signed a contract with Port Otago and its partner Napier Port for the delivery of a Trailing Suction Hopper Dredger (TSHD) 1000.At nearly 60 meters in length, the dredger has a maximum hopper volume of 1000m3 with twin azimuth thrusters and bow thruster to ensure appropriate maneuverability in the long entrance to Port Chalmers and Dunedin.
Shaver Transportation (Portland, Oregon) reports that Peter Karneus, Vice President of Sales for the ship assist division, is retiring effective January 2025, succeeded by Bo McCall.Karneus is retiring after twenty-seven years during which he has been instrumental in ship assist sales, including building a new sales team, growing customer relationships
The Society of Naval Architects and Marine Engineers (SNAME) announced it has appointed Elizabeth Bouchard as its next Executive Director. She will become the 15th person to serve in this capacity since the organization’s founding in 1893, and she will assume the helm at SNAME Headquarters on July 1, 2024, succeeding Valerie Hutnan.Bouchard comes to SNAME from International Registries, Inc.
Houston-based offshore engineering firm Friede & Goldman (F&G) announced it has completed model testing for its BargeRack offshore wind feeder solution at the MARIN maritime research institute in the Netherlands, bringing F&G closer to commercializing the technology.The BargeRack, a modular solution that enables wind turbine installation vessels (WTIV) to lift feeder barges for lifting offshore
The National Oceanic and Atmospheric Administration (NOAA) has revealed the names of two new charting and mapping vessels it ordered from Thoma-Sea Marine Constructors in 2023.The names Surveyor and Navigator were chosen from a list of suggestions by NOAA staff, adhering to the agency’s naming policy that emphasizes vessels named for their missions.
NOAA held a groundbreaking ceremony to signal the start of renovations at its pier facility in North Charleston, S.C.The project, expected to wrap up in 2026, includes the demolition of the site's existing pier and construction of a new one for NOAA's ships homeported in Charleston, the Ronald H. Brown and Nancy Foster.
U.S. shipping company Overseas Shipholding Group (OSG) has set out to design a new vessel that will transport liquified carbon dioxide (LCO2).In April, the Tampa, Fla.-based company was awarded a $3 million grant from the U.S. Department of Energy for engineering and design work in support of the project.
Maine Maritime Academy (MMA) President Jerry Paul announced his intent to retire this summer due to extenuating family circumstances, the public maritime training college announced.An engineer, attorney and former government official, Paul (class of ’89) has served as president of the Castine, Maine academy since April 2022.
Members of the U.S. tugboat, towboat and barge industry trade group the American Waterways Operators elected a new slate of leaders last week during the association's Spring Convention and Annual Membership Meeting.Kelly Teichman, Executive Chairman, T&T Marine, was elected Chairman, succeeding outgoing Chairman Rick Iuliucci, Vice President, the Vane Brothers Company.
Mobile, AL-based Blakeley BoatWorks has announced the completion and delivery of Hull 107, formally named M/V Claire Ellen, to Cooper Marine’s Louisiana operations.Designed by Farrell and Norton and built by Blakeley BoatWorks, the 70-foot long, 28-foot wide, 1,600 horsepower vessel is fully compliant with the latest United States Coast Guard Subchapter M regulatory requirements.