HII announced today that it has entered into a definitive agreement to acquire substantially all of the assets of W International SC, LLC and Vivid Empire SC, LLC (collectively “W International”), a South Carolina-based complex metal fabricator specializing in the manufacture of shipbuilding structures, modules and assemblies.
British tech tycoon Mike Lynch died of suffocation after running out of oxygen, an investigative source said, citing initial examinations carried out on Saturday after his body was recovered from the family yacht that sank off Sicily's coast last month.Lynch, his daughter Hannah, 18
Initial examinations of four of the people killed when British tech tycoon Mike Lynch's family yacht sank off Sicily last month indicated they had died of suffocation as oxygen ran out on the stricken vessel, judicial sources said on Thursday.Lynch, his daughter Hannah, an onboard cook and four guests died when the Bayesian, a British flagged 56-metre (184-feet) superyacht
The National Transportation Safety Board said on Monday it is inspecting key electrical components that were removed from the cargo ship Dali that crashed into a Maryland bridge in March, killing six people and destroying the Patapsco River crossing.In May, the NTSB said the Dali lost electrical power several times before the crash into the Francis Scott Key Bridge
The U.S. House Transportation and Infrastructure Committee will hold a May 15 hearing on the federal government's response to the collapse of a Baltimore bridge.The Dali containership crashed into the Francis Scott Key Bridge on March 26, killing six people.The hearing will include Federal Highway Administrator Shailen Bhatt
American aerospace manufacturer ULA on Wednesday announced it has ordered a new ship to transport rockets from its factory in Decatur, Ala. to launch sites at Cape Canaveral Space Force Station in Florida and Vandenberg Space Force Base in California.ULA said it awarded a contract to build the 356-foot-long roll-on/roll-off vessel to Bollinger Shipyards
Australian shipbuilder Austal said on Tuesday it had rejected an A$1.02 billion ($662 million) takeover offer from South Korea's Hanwha Ocean as it was unlikely to be approved by Australian and U.S. regulators due to the sensitivity of its operations.The Western Australia-based firm said it had received a bid at A$2.825 per share, representing a premium of 28.4% to Austal's last closing price.
Risk is the "new normal" for the global ocean shipping industry that handles 80% of global trade as pressure from geopolitical tensions, rising protectionism and climate change mounts."There are going to be global tensions ... and I think global dangers, at a level we haven't seen since the end of World War II," former U.S.
Oil and gas companies and environmental groups on Monday filed dueling legal challenges to the Biden administration's five-year plan to offer drilling leases in the Gulf of Mexico.The petitions to a U.S. appeals court come four months after the Interior Department unveiled a congressionally-mandated plan for offshore leasing that included just three sales
Yemen's Houthis on Thursday said their naval forces targeted an unidentified British merchant vessel in the Red Sea in the group's campaign to disrupt shipping to protest Israel's bombardment of Gaza.Earlier on Thursday, the United Kingdom Maritime Trade Operations (UKMTO) organization said that an explosion was reported at a distance off a vessel's starboard side west of Yemen's Hodeidah.
British maritime security firm Ambrey on Thursday said that a Marshall Islands-flagged US-owned bulk carrier reported that four unmanned aerial vehicles (UAVs) approached and circled the vessel approximately 87 miles southeast of Yemen's city of Mukalla."One of the UAVs reportedly fell into the water. No damage or injuries were reported.
The United Kingdom Maritime Trade Operations (UKMTO) organization and British maritime security firm Ambrey said on Wednesday they had received reports of incidents near Yemen's Aden.The United Kingdom Maritime Trade Operations (UKMTO) organization said in an advisory note that a ship had been attacked 60 nautical miles southeast of Aden.