I. MoneyNo one ever said it’s easy to understand federal budgets and spending plans. Nevertheless, a general sense of clarity and straightforwardness is critical for any review of public expenditures. This becomes more pressing when tracking revenue and expenditures linked to specific users’ fees, such as the $0.29/gallon fuel tax, paid by inland waterways operators.
Researchers from NOAA, the state of Michigan, and Ocean Exploration Trust discovered an intact shipwreck resting hundreds of feet below the surface of Lake Huron. Located within NOAA's Thunder Bay National Marine Sanctuary, the shipwreck has been identified as the sailing ship Ironton. Well preserved by the cold freshwater of the Great Lakes for over a century, the 191-ft.
Container shipping firms MSC Mediterranean Shipping Company (MSC) and Maersk have mutually agreed to terminate, effective in January 2025, their 2M alliance.2M is a container shipping line vessel sharing agreement (VSA) introduced in 2015 " with the aim of ensuring competitive and cost-efficient operations on the Asia-Europe, Transatlantic and Transpacific trades.
Rhode Island-based offshore wind farm crew transfer vessel company Atlantic Wind Transfers has ordered six crew transfer vessels to be built at St. Johns Ship Building in Palatka, Fla. The first two vessels, of the Chartwell Ambitious-class design, are expected to be delivered in the summer of 2023 and January 2024, with four further builds in the pipeline. The 25.
The first monopile and transition piece have been installed at the Dogger Bank Wind Farm in the U.K. North Sea, marking a key milestone for the construction of the world's largest offshore wind farm.The foundations, designed by Wood Thilsted, are up to 72m in length, weigh on average 1057 tonnes and include the world’s largest 8m offshore wind flange.
Capt. Brian McAllister, a prominent member of the American maritime industry and a true New York area maritime industry icon, has passed away.The following was posted on the mcallistertowing.com website:"It is with heavy hearts that we announce the passing of our beloved Captain. Brian, who changed the future of McAllister Towing when he bought the company with his brothers and cousins
The U.S. Department of Transportation announced that Rear Admiral (Rear Adm.) Ann Phillips, USN, Ret., has been confirmed and sworn in as the 20th Administrator of the Maritime Administration (MARAD). Nominated by President Biden on October 21, 2021, Rear Adm. Phillips was confirmed by the U.S. Senate on May 10, 2022. She is the first woman to lead MARAD as administrator.
Work has begun to develop Greece’s first Floating Storage Regasification Unit (FSRU) at the Keppel shipyard in Singapore, with the conversion of GasLog’s DNV classed LNGC Gaslog Chelsea, recently renamed Alexandroupoli.Following conversion, FSRU Alexandroupoli will serve as an offshore storage and regasification facility and will be part of the Alexandroupolis Independent Natural Gas System
An inmate has died after jumping overboard from a New York City jail barge, the city Department of Correction announced.Police officers pulled Gregory Acevedo from the after after he reportedly climbed a fence at the Vernon C. Bain Center and jumped into the East River on Tuesday. The man was taken to the hospital but was pronounced dead after efforts to revive him were unsuccessful
St. Johns Ship Building earlier this month began building the first in a series of new crew transfer vessels (CTV) for Rhode Island-based Atlantic Wind Transfers (AWT).The Palatka, Fla. shipbuilder held a keel laying ceremony on September 8, marking the start of construction for the first of six new 24m aluminum catamarans that will AWT will use to service the U.S. offshore wind industry.
Marine robotics technology specialist Greensea Systems Inc. announced it has opened an office in San Diego to accommodate its growing workforce and support strengthening its presence in the region.The new location—Greensea's third alongside existing offices in Richmond, Vt., and Plymouth, Mass.
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has delivered the newly built liquefied natural gas (LNG) carrier John A. Angelicoussis to Greek shipowner the Angelicoussis Group.The Greek-flagged vessel, which is named in honor of the company's late founder John A. Angelicoussis, will be operated by Angelicoussis affiliate Maran Gas.