Seattle-headquartered Saltchuk on Wednesday announced it has completed its acquisition of Overseas Shipholding Group (OSG), a New York-listed marine transportation company based in Tampa, Fla.Privately-held Saltchuk—previously OSG’s largest shareholder—said it completed a $950 million transaction to purchase all outstanding shares of OSG common stock at $8.
Deliveries will begin in 2028 if all goes well. Delays and escalating costs have bedeviled the procurement process up until now.Washington State Ferries on Thursday published an invitation to bid on building five new hybrid-electric ferries, an overdue achievement that promises to eventually bring more reliability to cross-Sound ferry service.
If nothing else, building vessels in the U.S. is a complicated business.In a session on the domestic shipbuilding marketplace, at Marine Money’s late-November 2023 conference held in New Orleans, Ben Bordelon, president and CEO of Bollinger Shipyards (with more than a dozen facilities, in Mississippi and Louisiana)
A ship carrying around 14,000 sheep and 2,000 cattle is marooned off the coast of Australia in sweltering heat after it was forced to abandon a trip through the Red Sea, causing outcry from people concerned about the animals' welfare.The vessel left Australia on Jan. 5 for Israel, where it was to unload
Senator Wesley Livsey Jones gave his name to the famous “Jones Act” governing U.S. domestic maritime trade. But what do really know about him? It turns out that he was much more than a leading merchant marine policy maker. (i)Jones had a long career in the U.S. House of Representatives before he was a Senator, was an effective legislator, an astute politician
Twelve mariners were rescued after a small cargo vessel capsized near the Dominican Republic.Carnival Corp said the crew aboard its cruise ship Carnival Vista rescued six from the water early Wednesday morning after the cargo vessel Two Brothers capsized about 30 miles north of Puerto Plata overnight.
Erika Graziuso, Chief Information Officer, Crowley, brings a breadth and depth of non-maritime experience to bear in her quest to drive Crowley’s digital transformation in the name of decarbonization, holistic transportation efficiency and crew attraction and retention.Emulating best practices from industries outside of maritime has been a mantra in boardrooms and conferences for decades
Freeland, Wash. shipbuilder Nichols Brothers Boat Builders (NBBB) announced it has been awarded a contract to construct an uncrewed autonomous vessel for the U.S. Department of Defense's research and development agency.The No Manning Required Ship (NOMARS) project was awarded by Serco North America, the prime contractor and designer of the vessel
Algeria's defense ministry said on Sunday its coastguard fired warning shots before firing directly at a man on a jet ski who entered Algerian waters, in an incident that a survivor said left two dead.The incident took place on Tuesday after five men strayed into Algerian waters on jet skis near the Moroccan coastal resort of Saidia on Algeria's border, according to Mohamed Kissi
Idris, 22, was convinced he was going to die when the small boat he and dozens of other migrants were on began to sink in the Channel as he tried to reach England from France.It was only thinking of his parents back home, and the fact that he had embarked on this perilous journey to help his family, that gave him the strength to stay afloat, he told Reuters.
Franklin, La. shipbuilder Gulf Craft in December delivered WINDEA Intrepid, a new crew transfer vessel built for WINDEA CTV, a partnership between Hornblower Wind and MidOcean Wind.Designed by Incat Crowther and classed by Bureau Veritas, the 30-meter-long aluminum catamaran has capacity to carry 24 technicians, plus six crew.
The unified command consisting of the Coast Guard, New York State Department of Environmental Conservation, New Jersey Department of Environmental Protection, New York City Department of Environmental Protection, New York City Office of Emergency Management, and Monmouth County Department of Health, received oil sample lab results from the Coast Guard Marine Safety Laboratory Friday