Long Island-based barge operator Bouchard Transportation has filed for Chapter 11 bankruptcy after several years fraught with legal and financial difficulties.The family-owned oceangoing tug and petroleum barge firm filed alongside several of its subsidiaries Monday in the U.S. Bankruptcy Court for the Southern District of Texas.
U.S. authorities in San Juan, Puerto Rico seized $27 million of undeclared currency found inside boxes aboard a cargo ship bound for St. Thomas, U.S. Virgin Islands.Customs and Border Protection (CBP) officers seized the vacuum-sealed cash packs on board the vessel Norma H II during a joint investigation between CBP, the Drug Enforcement Administration (DEA)
Pioneering Spirit, one of the world's largest vessels, reached Lerwick Harbour on Friday, August 28, carrying aboard the 14,200 tonne Ninian Northern Platform topside.Prior to the arrival in Lerwick, the giant catamaran had removed the Ninian Northern topsides in a single-lift from a jacket standing in 140 m water depth
The advent of autonomy in the maritime and subsea space has received a significant boost with the announcement that a pair of U.S. government titans, the United States Navy and NOAA, have inked an deal to jointly expand the development and operations of unmanned maritime systems.“With the strengthening of our ongoing partnership with the Navy
MV Kaami, a general cargo vessel salvaged six miles off the northwest coast of Skye, Scotland after running aground in March, has been dismantled and recycled in Kishorn.Built in 1994, the 89.8-meter vessel, owned by Norway’s Misje Rederi, was sailing under the flag of Bahamas when it ran aground on March 23 this year.
A group of partners in Europe aims to use battery containers on board barges to supply environmentally friendly fully-electric propulsion in lieu of diesel for inland waterway shipping.Supported by the Dutch Ministry of Infrastructure and Water Management, the concept is being spearheaded by the Zero Emission Services B.V.
Dennis Bryant provided a link to a story about the USCG Cutter Bear in his March 18, 2020 newsletter. It is a great story about a great ship with a great Captain (Michael Healy) and a great crew. It shows that the right combination of ship and crew can perform miracles.This one ship, its Captain (and his wife who often shipped with him)
Plans to launch the world’s first all-electric autonomous container vessel Yara Birkeland have been shelved due to the coronavirus pandemic and uncertain market conditions, said Yara International, the Norwegian company behind the project."Due to the COVID-19 pandemic and the changed global outlook
Oil traders are hiring expensive U.S. vessels, normally only used for domestic shipments, to store gasoline or ship fuel overseas, five shipping sources said, in a sign of the energy industry's desperation for places to park petroleum amid a 30% drop in worldwide demand.Billions of people worldwide are living under confinement rules due to the coronavirus pandemic
A consortium formed by Germany’s Thyssenkrupp AG and Brazilian planemaker Embraer SA signed a deal on Thursday to deliver four frigates to Brazil’s navy between 2025 and 2028, the companies said in a statement.The contract signed in Rio de Janeiro is part of Brazil’s drive to modernize its navy so it can patrol off-shore resources in the Atlantic, such as Brazil’s vast pre-salt oil reserves.
One the United States' largest fleet service and ship repair sites is changing hands.Ship repair and commercial- and defense-related fabrication services provider Titan Acquisition Holdings announced on Wednesday it has reached a deal to acquire San Diego Shipyard from Huntington Ingalls Industries (HII). Financial terms were not disclosed.
A pair of 9,300 DWT self-discharging bulk carriers being built for Norway’s Aasen Shipping at the Royal Bodewes shipyard in the Netherlands will be the first of their kind to be fitted with a hybrid propulsion solution.Wärtsilä said it secured an order in December 2019 to provide the complete system design and full equipment scope for two newbuilds.