With the announcements that New York Waterway, a ferry operator running 32 boats around New York and New Jersey waters, had been largely shut down by the U.S. Coast Guard just prior to Thanksgiving, 2019, the reactions ranged from surprise to outright shock. There was also a great deal of grumbling, as commuters, the major customer group
In November the U.S. House of Representatives’ Transportation & Infrastructure Committee, Coast Guard and Maritime Transportation Subcommittee held a hearing on “Commercial and Passenger Vessel Safety: Challenges and Opportunities.” Testimony covered a range of issues, from recent tragedies such as the Conception dive-boat disaster to antiquated maritime laws.
It was Canadian whalers, the Norwegians tell us, who first noticed that a dead whale does not bob in the waves. The carcass didn’t pitch or roll, either, and it was somehow “self-propelled” — its fins giving it forward motion and acting as stabilizers, or foils. The story still inspires Trondheim company Wavefoil, maker of scalable
From their base deep within a former World War II U-boat pen, Norwegian outfit, OceanTech, is developing a set of robot tools that cling to offshore structures in order to effect inspection, maintenance and repair, or IMR. Old submarine anchorages are now subsea testing and training sites, but the North Sea is still the target.
The exceptional growth in LNG trade recorded in the first half of the 2019 continued in Q3, says Awilco LNG Group, the Norwegian based fully integrated pure play LNG transportation provider.According to Fearnleys LNG total LNG trade is up about 13 % in the first nine months of the year vs last year.
Offshore vessels owner Tidewater announced on Wednesday that its board has appointed Quintin V. Kneen as President, Chief Executive Officer, and director, replacing retiring President, Chief Executive Officer and director John T. Rynd, effective immediately.Kneen, who has served as Executive Vice President and Chief Financial Officer of Tidewater since Tidewater’s November 2018 business
PAO Sovcomflot (SCF Group), which serves the energy shipping and offshore services to the oil and gas industries, reported in the first half of 2019 revenues rose 16.6% ($828m vs. $710.1m), TCE revenue rose 19.1% ($609m vs. $511.3m) and EBITDA rose 42.4% ($381.2m vs. $267.7m) as compared to the first half of 2018.
The U.S. Navy will commission its newest Arleigh Burke-class guided missile destroyer -- arguably the most successful shipbuilding series in naval history -- the future USS Paul Ignatius (DDG 117), during a ceremony July 27 at Port Everglades in Fort Lauderdale, FL.The ship is named in honor of Paul Robert Ignatius, who served in the U.S. Navy during World War II, and later during the Lyndon B.
Joel Reid joined Cox Powertrain in April 2015. He holds an EMBA in Business from the University of Chicago, a Master’s Degree in Marine Surveying and a Bachelor’s degree in Business Administration. Reid has been instrumental in bringing Cox’s ground-breaking 300hp diesel outboard to market and has worked tirelessly over the last three years to create an enviable global distributor network.
Genscape Maritime’s Vessel Coverage of U.S. Inland Waterways offers new perspectives and a leg up on the competition. In today’s transportation markets, information is everything.It was back in 2016 that Genscape announced the complete integration of more than 400 terrestrial AIS antennas in North America, providing an impressive level of data accuracy and visibility into ship movements in the U.
Owners of offshore support vessels (OSV) are beginning to examine the possibility of reactivating some of their fleet even as the consistent volatility of oil prices and a healthy stream of ships projected from global shipyards keeps their enthusiasm in check.According to Clarksons, demand for the versatile ships, which support offshore exploration and production activities around the world
With the United States & China dominating world news with the brewing trade war, it is worthy to note that when you examine the cumulative number and value of U.S. ships on order today worldwide (73 ships, $3.4 billion) Chinese shipyards dominate with a 50% share of the market (36 ships, $1.7 billion).