In one a dramatic U.S. shipbuilding and repair move it was announced today that The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management signed a definitive agreement to acquire and merge Vigor Industrial LLC, an infrastructure, defense, and maritime services company based in Portland, Oregon, and MHI Holdings LLC, a ship repair, maintenance
A 958-foot bulk carrier has refloated after running aground about 2.5 miles east of Virginia Beach, Thursday morning.Crew members aboard the vessel, JSW Salem, contacted U.S. Coast Guard Sector Hampton Roads watchstanders in Portsmouth after the Panamanian flagged ship ran aground near Cape Henry Buoy #4.The ship's crew reported there were 120,000 metric tons of coal and 26 people aboard the ship.
Adm. Philip S. Davidson, commander of U.S. Indo-Pacific Command (USINDOPACOM), became the Navy’s newest “Old Salt” during an award presentation Oct. 22 at the Pentagon.The “Old Salt” award is given to the active duty officer who has held the Surface Warfare Officer (SWO) qualification for the longest amount of time."It is a tremendous honor to receive this award.
A 479-foot asphalt tanker was towed into New York Harbor after an engine room fire left the vessel disabled off the U.S. East Coast.Early on October 5, U.S. Coast Guard watchstanders in Woods Hole, Mass. received a report that the Hong Kong-flagged tanker Feng Huang AO loaded with asphalt and bound for New York Harbor suffered a fire in its engine room while transiting 57 miles southeast of
U.S. shipbuilder Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division christened the guided missile destroyer Frank E. Petersen Jr. (DDG 121), the 71st in the U.S. Navy’s Arleigh Burke (DDG 51) class of destroyers and the 33rd built by Ingalls.DDG 121 honors Frank Emmanuel Petersen Jr.
Shell delivered its first ship-to-ship bunkering of liquefied natural gas (LNG) from specialized LNG bunker vessel Cardissa in the Port of Rotterdam on Tuesday, marking a number of key milestones as the maritime sector increasingly turns toward cleaner burning LNG fuel.The bunkering of the Sovcomflot's Aframax tanker Gagarin Prospect with LNG is the first operation under a fuel supply agreement
Following the purchase of Transas by Wärtsilä, Transas' ubiquitous CEO Frank Coles will depart the newly merged company, finding a spot on top as the CEO of Wallem Group. Coles offers a diverse background and long career in maritime, spanning law, shipping services and maritime communications.Coles replaces Simon Doughty, who announced his decision to step down earlier this year.
Russian oil company Rosneft announced it has ordered two Aframax crude oil tankers to be built at Russia's far eastern Zvezda shipyard for scheduled delivery in 2022.The Russian-flagged vessels will have a deadweight of 114,000 metric tons and a 1A/1B ice class, which makes them able to operate in icy conditions year round, including in sub-Arctic seas and Russian ports of the Baltic region
Mississippi shipbuilder VT Halter Marine, Inc. said it has secured a new contract to build an articulated tug barge (ATB) tug with an option for a second vessel for Bouchard Transportation Co., Inc.Construction of the new vessel, M/V Evening Stroll, begins immediately at the builder’s Pascagoula, Miss. shipyard, with delivery scheduled for December 2019.
The cruise ship Star Pride has regained power after becoming disabled about two miles off the coast of Cuttyhunk, Mass. last week.The ship’s captain reported to U.S. Coast Guard watchstanders at Sector Southeastern New England at about 3:20 p.m., Friday that the vessel had lost power and was disabled.
Significant moments in naval architecture & marine engineeringThe International Convention for the Control and Management of Ships' Ballast Water and Sediments (BWM) was adopted February 13, 2004 to introduce global regulations to control the transfer of potentially invasive species.
Significant moments in naval architecture & marine engineeringUSS Enterprise (CVN-65), formerly CVA(N)-65, was commissioned November 25, 1961 as the world's first nuclear-powered aircraft carrier. The longest naval vessel ever built, "The Big E" was constructed at the Newport News shipyard in Virginia and cost nearly $451.3 million, or roughly $4 billion in 2018 dollars.