Private equity firm Carlyle has dropped out of a bidding process for the warship division of stricken conglomerate Thyssenkrupp, the German company said on Tuesday.Carlyle's withdrawal as a suitor for Thyssenkrupp Marine Systems (TKMS) is a major blow to Thyssenkrupp's restructuring, which also includes plans for a 50:50 steel joint venture with Czech billionaire Daniel Kretinsky.
Philly Shipyard on Monday held a steel-cutting ceremony to signal the start of construction on the first of three new Aloha Class liquefied natural gas (LNG)-fueled containerships to be built for U.S. ocean carrier Matson. Matson placed the $1 billion three-ship order with Philly Shipyard in 2022 following the deliveries of Aloha-class vessels Daniel K.
U.S. maritime companies Crowley and SEACOR Holdings on Thursday announced the formal launch of their joint venture Fairwater Holdings LLC, an independent U.S. company integrating the firms’ petroleum and chemical transportation vessels, capabilities and personnel.Active in all major Jones Act coastwise tank vessel trades, Fairwater supports the transportation of petroleum products
Yemen's Houthis said early on Sunday that they had conducted a joint military operation with the Islamic Resistance in Iraq militant group, targeting four ships at Israel's northern Haifa port.The Houthi military spokesperson, Yahya Saree, said in a televised statement that the two groups launched a drone attack on two cement tankers and two cargo ships at the Haifa port on Saturday.
Yemen's Houthi militants are believed to have sunk a second ship, the Tutor, in the Red Sea, the United Kingdom Maritime Trade Operations (UKMTO) said on Tuesday.The Greek-owned Tutor coal carrier was struck by missiles and an explosive-laden remote-controlled boat on June 12 and had been taking on water, according to previous reports from UKMTO, the Houthis and other sources.
Unified Command salvage teams have located the sixth victim of the Baltimore bridge collapse.Maryland State Police investigators along with officers from the Maryland Transportation Authority Police and the FBI responded to the scene and recovered the body of a sixth construction worker. The victim is identified as José Mynor López, 37, of Baltimore, Maryland.
Eastern Shipbuilding Group (ESG) on Friday held a launch and christening ceremony for the ferry Long Island at its Allanton Shipyard in Panama City, Fla.Scheduled to be delivered later this year, the new Subchapter H passenger and auto ferry is being built for Bridgeport & Port Jefferson Steamboat Company, a subsidiary of McAllister Towing, for operations between Bridgeport, Conn.
If nothing else, building vessels in the U.S. is a complicated business.In a session on the domestic shipbuilding marketplace, at Marine Money’s late-November 2023 conference held in New Orleans, Ben Bordelon, president and CEO of Bollinger Shipyards (with more than a dozen facilities, in Mississippi and Louisiana)
The U.S. Army Corps of Engineers said Thursday it expects to open a new channel to the Port of Baltimore by the end of April, freeing up commercial shipping blocked by a collapsed bridge, and then restore port access to full capacity by the end of May.The main channel has been blocked by wreckage since the fully loaded container ship Dali lost power and rammed into a support column of the
Recovery teams opened a second channel enabling smaller vessels to navigate the Port of Baltimore on Tuesday but most commercial shipping remains blocked by the collapsed bridge and stranded container ship that brought the structure down a week ago.A team including the U.S. Coast Guard, U.S.
The U.S. state of Maryland has opened a temporary channel on the northbound side of the collapsed Baltimore bridge, allowing limited tug and barge traffic around the container ship stuck at the disaster site, Governor Wes Moore said on Monday."It will help us to get more vessels in the water around the site of the collapse," Moore told a news conference.
A disgruntled former employee shot dead the head of a Greek shipping company and two others before killing himself at the firm's office in Athens on Monday, a police spokeswoman said.Police, fire engines and ambulances were stationed outside the offices of European Navigation in a southern suburb of the capital.