Great Lakes Dredge & Dock Corporation and Saltchuk Resources, Inc. announced a definitive agreement for Saltchuk to acquire Great Lakes at an aggregate equity value of approximately $1.2 billion and a total transaction value of $1.5 billion.Under the terms of the agreement, which has been unanimously approved by the Board of Directors of both companies
The investigation into why a Mexican Navy training ship struck the Brooklyn Bridge on Saturday, shearing the top of its masts, will look into a possible engine failure and the role of a tug boat that assisted it in backing out of its pier, officials said on Monday.The ship's engine was the key focus for the National Transportation Safety Board, said Brian Young
A Mexican Navy sailing ship festooned with lights and a giant flag crashed into the landmark Brooklyn Bridge on Saturday night, shearing the top of its masts, killing two people and injuring several others, New York City Mayor Eric Adams said.Videos online showed the training vessel Cuauhtémoc as it approached the bridge over the East River, close to the Brooklyn side of the span
The US Coast Guard is coordinating with local, state and federal agencies in response to the helicopter crash in the Hudson River that occurred Thursday afternoon in New York City near the Holland Tunnel.The tourist helicopter crashed into New York City's Hudson River, killing all six aboard, including three children, Mayor Eric Adams said.
HII announced that Fatina Brave has been appointed vice president of infrastructure and sustainability at its Ingalls Shipbuilding division. Brave succeeds Eric Crooker, who has transitioned into the role of vice president of program management at Ingalls, succeeding George Nungesser who is retiring at the beginning of February after 37 years of service to the company.
HII hosted leaders from HD Hyundai Heavy Industries (HHI) at the company’s Ingalls Shipbuilding division this month for a three-day engagement to advance joint goals of the memorandum of understanding signed by the two companies in April. During the visit, leaders from HII and HHI exchanged insights on shipbuilding technology and manufacturing processes
As the maritime industry globally seeks to attract and retain crews, onboard amenities including seamless connectivity for gains in importance.Sign up now to listen in on the webinar "Crewed Up or Crew Cut? Rethinking retention and recruitment at sea," with insights from three leading U.S.
Christopher Ralph Lavers and Edmund G. R. Kraal have released a new edition of their volume 7 book, Advanced Electrotechnology for Marine Engineers - Reed's Marine Engineering and Technology Series. Copies can be purchased here.
Longtime mariner and investigator Eric Stolzenberg has been named director of the National Transportation Safety Board’s Office of Marine Safety.The office investigates major marine accidents within the United States and its territories, as well as accidents involving U.S.-flagged vessels worldwide.Stolzenberg began his career at the NTSB in 2008 as an engineering investigator.
Tidal Transit has christened its new crew transfer vessels (CTV) Anthea Luna, which is on charter with the Belgian offshore wind farm operator C-Power.The new WindFlex 27 Quad IPS model, delivered by Singapore-based Penguin International in March, will provide essential service and maintenance support to Thornton Bank offshore wind farm.
The U.S. Virgin Islands (USVI) is involved in a proposal that aims to create a US international ship registry domiciled in the U.S. territory, the island's governor said.President Donald Trump's administration is considering the proposal as part of efforts to enlarge the tiny commercial shipping fleet flying the American flag, sources familiar with the matter told Reuters last week.
Subsea Global Solutions, an underwater maintenance and repair services specialist, has named Eric Smith as Chief Commercial Officer (CCO).With a career spanning leadership roles in maritime operations, commercial management, and strategic business development, Smith brings a wealth of industry expertise to the Subsea Global Solutions team.