Maritime Partners, LLC, through its managed funds, has acquired from J. Russell Flowers, Inc. and its affiliates, a diversified portfolio of over 1,000 marine vessels operating on bareboat charter. JRF’s fleet includes a variety of towboats, tank barges, hopper barges, and deck barges.
The world’s FPSO fleet is getting older, with 55 FPSO units in the global fleet reaching the end of their design life in the next five years, with an additional five having life extension in place. With 19 more FPSOs currently being evaluated for life extension, safety issues and structural integrity concerns come to the fore? Matt Tremblay, ABS Vice President, Global Offshore
Friede & Goldman Ltd. (F&G), a company known for its offshore oil drilling rig designs, has announced the BargeRack, "a revolutionary solution to the feeder concept of offshore wind turbine installation.""BargeRack is tapping F&G’s unmatched 72-year history to bring a safe and simple method of installing up to 20MW wind turbines using a self-elevating vessel," F&G
Engineers are assessing the condition of the Golden Ray wreck and salvage equipment after a fire ripped through the overturned and partially dismantled car carrier outside the Port of Brunswick, Ga. on Friday.The fire broke out on Friday afternoon aboard the Korean-owned Golden Ray, which has been aground on its side in the St.
Oslo-listed Offshore Heavy Transport has said it has recently experienced an uptick in demand for the transportation of offshore wind equipment to China."OHT’s fleet of semi-submersible heavy transportation vessels have been busy transporting offshore wind equipment to China, supporting the huge surge in development of offshore wind farms in the fast-growing market.
The Dutch emergency response team hired to free the vast ship blocking the Suez canal has pulled off some dramatic recoveries, including lifting Russia’s Kursk nuclear submarine from the Barents Sea floor, but says this is one of the trickiest.Weighing 200,000 tonnes without cargo, the Ever Given is the heaviest vessel that Smit Salvage
Kawasaki Heavy Industries Ltd expects shipment of its first cargo of liquefied hydrogen from Australia to Japan could be delayed until the summer due to the pandemic, a company spokesman said on Wednesday.A A$500 million ($391 million) pilot project, led by Kawasaki Heavy and backed by the Japanese and Australian governments
Reston, Va.-based Leidos said it has entered into a definitive agreement to acquire esteemed naval architecture and marine engineering firm Gibbs & Cox for $380 million in cash, as the defense, engineering and IT conglomerate looks to bolster its expertise as it competes for U.S. Navy unmanned systems contracts.
Hawboldt Industries installed an ABB winch drive with in-built active heave compensation (AHC) software at the heart of a new winch and offshore crane for the research vessel Kilo Moana, giving University of Hawai‘i Marine Center scientists a reliable means of deploying water sampling equipment at depths up to 5,000 meters in even the roughest sea conditions.
Salvage crews completed cutting operations to separate the stern section from the Golden Ray wreck in St. Simons Sound, Ga., on Saturday night, and the giant piece of the overturned car carrier will be craned onto a barge and hauled away for recycling.Once lifting preparations conclude
Australia’s newly completed icebreaker, RSV Nuyina, has left the Netherlands port of Vlissingen to commence trials in the North Sea.The start of the month-long sea trials, which had been pushed back due to delays stemming from the COVID-19 pandemic, will be followed by additional weeks of deepwater trials involving the Australian Antarctic Division, ship managers Serco and shipbuilder Damen.
Fincantieri is teaming up with the Mexican government to open a new shipyard that will provide repair, conversions and maintenance cruise ships, large cargo vessels and oil and gas vessels.The Italian shipbuilding giant revealed Tuesday that it has signed a letter of intent (LoI) with the Ministry of Economic Development and Labor of the Yucatán State (Mexico) to participate in the design and