The first US-built trawler-processor for Alaskan pollock in over three decades is now undergoing sea trials in the Northern Pacific, testing an integrated technology package from Kongsberg Discovery tailored to locate, inspect, and engage fish with unparalleled efficiency.The 100-meter-long Arctic Fjord, designed by Kongsberg Maritime and built by Louisiana’s Thoma-Sea Marine Constructor
On a windswept island 50 miles north of Seattle sits a U.S. Navy monitoring station. For years, it was kept busy tracking whale movements and measuring rising sea temperatures. Last October, the Navy gave the unit a new name that better reflects its current mission: Theater Undersea Surveillance Command.The renaming of the spy station at the Whidbey Island naval base is a nod to a much larger U.S.
Shipyards across the U.S. are investing in new equipment to increase lift capacity, opening up the door for more projects and improved efficiency.Southern California-based Marine Group Boat Works, which performs a mix of yacht, commercial and government vessel repair work, in 2022 repowered its 665-ton Marine Travelift mobile boat hoist—the largest on the West Coast—with a Tier 4 John Deere
A state actor's involvement in the blast of the Nord Stream pipelines last year is the "absolute main scenario", though confirming identity will prove difficult, the Swedish prosecutor investigating the attack said on Thursday.In September 2022, several unexplained underwater explosions ruptured the Nord Stream 1 and newly-built Nord Stream 2 pipelines that link Russia and Germany across the
It will likely be difficult to determine who blew up the Nord Stream pipelines connecting Russia and Germany in the Baltic Sea last year, Sweden's prosecution authority, which is investigating the incident, said on Thursday. The Sept. 26 explosions at the pipelines connecting Russia and Germany occurred in the economic zones of Sweden and Denmark.
Virginia McVea has been named as the next chief executive officer of the U.K. Maritime and Coastguard Agency (MCA) effective April 3, 2023.Damien Oliver has been serving as the MCA's interim CEO since October 2022, following the retirement of the agency's former head Brian Johnson.U.K.
Offshore drilling firms Seadrill Limited and Aquadrill (ex-Seadrill Partners) on Thursday announced a definitive merger agreement under which Seadrill will acquire Aquadrill in an all-stock transaction. When the transaction is completed, Seadrill shareholders and Aquadrill unitholders will own 62% and 38% of the common shares in the new company, respectively.
The owner and skipper of a rowing vessel has received a 12-month prison sentence after a 21-year-old was lost overboard in the middle of the Atlantic.In February 2016, Michael Johnson was swept overboard by a large wave in the North Atlantic Ocean, between the Canary Islands and Barbados, during a world record row attempt to cross the Atlantic Ocean in 32 days.
It is the Bangladeshi market that has been impressing everybody of late (and for yet another week) with a lot of pent-up demand being realized and even news of some choice purchases at decent numbers on units that have managed to receive L/C approvals.Indeed, we have once again seen levels over $600/LDT in Bangladesh for the first time since the same time last year
Another solid showing from sub-continent markets has given encouragement to ship owners and cash buyers, to start testing potential prices with firm candidates. Indeed, several deals have been concluded off the back of these improved numbers, including one more Capesize bulker at firm levels basis an ‘as is’ Singapore delivery.
A degree of increased positivity has entered recycling markets this week, said GMS, as prices push on in both India (off the back of firming steel and settling currencies) and Bangladesh (off of a rising demand and a currency that has recently found its stability around BDT 105).In fact, a number of sales have reportedly even taken place at increasingly firm numbers
As we close out another year, sub-continent markets remain suspended at their weakest point for some time now. Pricing remains firm (given the historical price average has been around $350/LDT or so), but sentiments and conditions on the ground across all locations remain somewhat precarious.