Three crewmembers were injured by an explosion in the engine room aboard a containership off the coast of France on Tuesday.The blast on board the Panama-flagged MSC Rachele occurred while the vessel was about 20 nautical miles south of Cape Cépet, en route from from Napoli, Italy to the port of Fos-sur-Mer.
Long-serving marine, energy and industrial market consultancies International Maritime Associates and World Energy Reports have merged to form Intelatus Global Partners.While Intelatus is a new name, its team of business consultants has nearly five decades of experience across the entire maritime supply chain, producing multi-client analytical studies for sectors including offshore oil and gas
Ailing Danish shipowner Nordic Shipholding is one step closer to closing its doors after announcing the sale of its final three tankers. The company revealed on Thursday that it has entered into a sale and purchase memorandum of agreement to sell the Nordic Anne, Nordic Amy and Nordic Agnetha for a total of $37.1 million. It did not disclose the name of the buyer.
Richard Balzano took over as CEO and executive director of the Dredging Contractors of America in December 2020. And while he says he’s “still fairly new to the [dredging] industry”, he certainly knows his way around the business, having held a number of prominent roles over the course of more than 30 years in the maritime and U.S government sectors. His resume is impressive.
For the future of the industry, hire interns, both college and high schoolers. And pay them: none of that silly privileged unpaid intern crap that occurs in non-maritime industries.I generally wait until I receive the printed issue to read Maritime Reporter and Engineering News, and when I read the August edition, I was both delighted and frustrated
Marine salvage and emergency response company Resolve Marine announced on Friday that it has appointed Joseph Farrell, III as deputy CEO, a transition role to CEO.Farrell has more than two decades of field operations and business experience at Resolve Marine. After serving as a naval architect and project manager where he worked on and led high-profile salvage projects around the world
Bay Ship & Yacht founders Bill Elliott and Alan Cameron step back, name Joel Welter CEO, Gerona Goethe General ManagerBill Elliott, who during a 45-year career catapulted Bay Ship & Yacht (BS&Y) from operating out of a single, mobile shipping container known as the “Shipyard in a Box” to becoming a premiere ship repair conglomerate in San Francisco Bay
The new maritime academy school ships being built at Philly Shipyard (officially designated as National Security Multi-Mission Vessels) are an exciting development and provide a significant boost to our national maritime educational system. The technology on our existing school ships has very little relevance to the present marine industry
Freehill Hogan & Mahar LLP Partner Daniel Fitzgerald retired from the U.S. Coast Guard Reserve in a ceremony at U.S. Coast Guard Headquarters in Washington D.C., this summer.Rear Admiral Melissa Bert presided over the ceremony, which was attended by family, friends and Coast Guard colleagues who worked with Fitzgerald over the past 28 years.
Nordic Shipholding said on Monday it will sell its three remaining tankers after the lossmaking Danish shipowner failed to line up a merger partner.The company said it held extensive discussions with potential merger partners and lenders to secure the group's long-term viability, but that the talks had stalled.
Finland's Wartsila, a top global marine and energy equipment maker, posted first-quarter earnings roughly in line with expectations on Thursday, citing increased uncertainty in demand and supply in its end markets.Wartsila said its comparable operating profit increased 61% to 65 million euros ($68.25 million) from 41 million in the year-ago quarter, against a mean estimate of 67.
Naval architecture, marine engineering and marine surveying firm The Shearer Group, Inc. (TSGI) announced two new additions to its team. The company has hired Colton Bonnaure and Jacob Frost as naval architects.Bonnaure graduated from Texas A&M University with a B.S. in Ocean Engineering and was the Senior Captain of the Texas A&M Human Powered Submarine Team