Great Lakes Dredge & Dock Corporation and Saltchuk Resources, Inc. announced a definitive agreement for Saltchuk to acquire Great Lakes at an aggregate equity value of approximately $1.2 billion and a total transaction value of $1.5 billion.Under the terms of the agreement, which has been unanimously approved by the Board of Directors of both companies
The investigation into why a Mexican Navy training ship struck the Brooklyn Bridge on Saturday, shearing the top of its masts, will look into a possible engine failure and the role of a tug boat that assisted it in backing out of its pier, officials said on Monday.The ship's engine was the key focus for the National Transportation Safety Board, said Brian Young
OEG has expanded its offshore wind vessel fleet with the delivery of Fulmar, a new multi-purpose crew transfer vessel (CTV), following successful sea trials.The vessel will operate in U.K. waters and has secured its first charter in Scotland, supporting offshore construction work at the Inch Cape Offshore Wind Farm.
The Pentagon is sending an aircraft carrier from the Caribbean to the Middle East, two U.S. officials told Reuters on Friday, a move that would put two carriers in the region as tensions soar between the United States and Iran.The Gerald R. Ford carrier, the United States' newest and the world's largest carrier
HII announced that its Newport News Shipbuilding (NNS) division has successfully completed builder’s sea trials of John F. Kennedy (CVN 79), the second Gerald R. Ford-class nuclear-powered aircraft carrier.Kennedy returned to NNS after testing important ship systems and components at sea for the first time.The sea trials brought together NNS shipbuilders, John F.
VPS appointed Neil Chapman as the company’s Managing Director of the Americas.Chapman has a wealth of experience in Testing and Inspection, having worked for most of the major TIC companies during his 40 year career. More recently he has held senior commercial leadership roles and he has developed a deep understanding of how to deliver tangible value to clients and operating as a true partner
Christopher Ralph Lavers and Edmund G. R. Kraal have released a new edition of their volume 7 book, Advanced Electrotechnology for Marine Engineers - Reed's Marine Engineering and Technology Series. Copies can be purchased here.
A steam drain line modification, which was not documented or subject to a risk assessment, contributed to an accident on an oil tanker which resulted in burns to three crew members, an Australian Transport Safety Bureau (ATSB) report details.On May 6, 2025, an engineering team was conducting maintenance on the main deck steam valve for the heating system of the oil tanker Wisdom Venture
Britain launched a new package of Russia-related sanctions on Friday, targeting ships carrying Russian oil, as well as companies and individuals supplying electronics, chemicals and explosives used to make Russian weapons.The package was a response to recent Russian aggression, the British government said in a statement
Construction has started on the operations and maintenance (O&M) base for the 1.1 GW Inch Cape Offshore Wind Farm at Montrose Port in Angus, Scotland.The base will expand Inch Cape’s existing presence at Montrose, where its marine coordination center is already located, and confirms the port’s role as a major Scottish offshore wind hub.
A livestock carrier’s engine failure in the Port of Fremantle, Australia, earlier this year highlights the need for ship owners and managers to properly manage maintenance, and for marine pilots to follow communication protocols, an ATSB final report notes.On 4 March 2025, Kuwait-flagged livestock carrier Al Messilah was under pilotage into the Port of Fremantle, Western Australia
A landmark moment in Gulf Coast industry was celebrated today with the christening of Creole King, a state-of-the-art barge-mounted stevedoring crane, at the Port of Iberia.Operated by Cooper Consolidated and assembled by E-Crane’s Gulf Coast Service team, the Creole King represents a technological and environmental leap forward for midstream cargo operations.