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 National Transportation Safety Board said on Tuesday that a loose wire led to a power failure on the cargo ship Dali that crashed into Baltimore's Francis Scott Key Bridge in March 2024, killing six people and wrecking the bridge.The NTSB is holding a hearing in Washington to determine the probable cause of the incident that killed six construction workers on the bridge.
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
Over 95% of large ocean-going vessels moving in U.S. waterways are under the direction and control of a pilot that is a member of the American Pilots’ Association (APA). The enormous increase in vessel sizes – as much as five times bigger than just twenty years ago – without corresponding expansions of waterways has made the already difficult work of these pilots even more challenging.
The Pentagon is sending an aircraft carrier from the Caribbean to the Middle East, two U.S. officials told Reuters on Friday, a move that would put two carriers in the region as tensions soar between the United States and Iran.The Gerald R. Ford carrier, the United States' newest and the world's largest carrier
HII announced that its Newport News Shipbuilding (NNS) division has successfully completed builder’s sea trials of John F. Kennedy (CVN 79), the second Gerald R. Ford-class nuclear-powered aircraft carrier.Kennedy returned to NNS after testing important ship systems and components at sea for the first time.The sea trials brought together NNS shipbuilders, John F.
The U.S. has seized the Olina tanker in the Caribbean, the fifth vessel targeted in recent weeks as Washington steps up efforts to curb Venezuelan oil exports, U.S. officials said on Friday.The Olina, which according to public shipping database Equasis was falsely flying the flag of Timor Leste, previously sailed from Venezuela and had returned to the region
Title: Famous Irish MarinersAuthor: Emma ByrnePublication date: September 22, 2025ISBN 9781788494922 PRICE €17.99/£15.99 HBFORMAT 196x129 mm EXTENT 176ppAlso available as an eBook.Ireland has a rich history of famous – and infamous – mariners: from our earliest navigators, who may have reached North America – by currach – a thousand years before Columbus
Gulf Island Fabrication has reported strong third-quarter results with revenue of $51.5 million and adjusted EBITDA of $2.5 million, despite softer trends in its services business, a decline in small-scale fabrication activity and anticipated losses from the recently acquired Englobal business.
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.
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.
The $5.4 trillion global maritime industry faces a perfect storm of cyber vulnerabilities, and a new government regulation aims to be the lighthouse guiding stakeholders to safer digital harbors.On January 17, 2025, the US Coast Guard (USCG) published a final rule titled “Cybersecurity in the Marine Transportation System