The barge Defiant was refloated from the Castillo San Felipe del Morro shoreline in San Juan Harbor, Wednesday at approximately 2:22 a.m., just before high tide.Salvage crews and tugboat operators prepositioned three tugboats and completed all the preparations, including the pressurization of all cargo tanks, voids and compartments in the barge.
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 U.S. Coast Guard coordinated the rescue of 27 mariners on Saturday after their Venezuelan-flagged fishing vessel caught fire approximately 500 miles north-northwest of the Galapagos Islands, Ecuador.At 3:51 p.m. PST, Saturday, Rescue Coordination Center Alameda received a notification from the Garmin Search and Rescue Command Center of an SOS distress alert from the 240-foot fishing vessel
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
A.P. Møller Holding has, through its wholly owned subsidiary APMH Invest (APMHI), made an all-cash voluntary recommended purchase offer to the shareholders of Svitzer Group to acquire all issued and outstanding shares of the company.A.P. Møller Holding, through its wholly owned subsidiary APMHI, currently owns 47% of the share capital and voting rights of Svitzer.
The Towing Vessel Inspection Bureau (TVIB) announced that Rio Marine, Inc. has become the first maritime services provider to achieve certification under the American Waterways Operators’ (AWO) Responsible Carrier Program (RCP).The RCP is a safety management system for the tugboat, towboat, and barge industry that sets standards for safety, environmental stewardship, and continuous improvement.
Offshore service provider OS Energy has adopted Sonardyne’s SPRINT-Nav DP dynamic positioning (DP) reference system to support its marine renewable energy projects in the North and Baltic Seas. SPRINT-Nav DP will enable OS Energy to maintain DP integrity, even in shallow water and GNSS-compromised environments that are increasingly characteristic of offshore wind construction and maintenance
Representatives from American Bureau of Shipping (ABS), University of Michigan, Singapore Institute of Technology (SIT) and Sea Forrest Technologies have signed a memorandum of understanding to explore batteries and electrification in maritime applications.The agreement establishes a cooperative framework for the organizations to collaborate on academic and scientific projects related to battery
Wallenius Marine and KNUD E. HANSEN have launched a new RoRo (roll on/roll off) design at Donsö Shipping Meet.The new concept builds on the Sleipner PCTC concept and on operational data from the Sleipner vessels Future Way and Way Forward. The new RoRo design, which includes an engine room in the bow, creates a large cargo capacity of 2,720 lane meters, equivalent to 181 trailers.
Fincantieri Marine Group (FMG), the U.S. subsidiary of Fincantieri, has appointed George A. Moutafis as Chief Executive Officer (CEO).The leadership transition of the U.S. company of the group led by CEO and General Manager Pierroberto Folgiero comes at a pivotal moment for the U.S. shipbuilding industry, as the new U.S.
U.S. Representative Dusty Johnson (R-S.D.) introduced legislation to reauthorize the Federal Maritime Commission (FMC), the independent federal agency responsible for regulating the U.S. international ocean transportation system.“Ocean shipping is a critical aspect of America’s national, food, and economic security.
Mallows Bay, located on the Potomac River in Maryland, is not only a shipwreck site filled with decades of maritime cultural heritage, but it is also an excellent training ground for students immersed in studying maritime archaeology at East Carolina University.“When the United States entered the First World War, they had a plan to build about 1,000 wooden steamers to carry material to Europe.