A widely-shared meme has taken several facts about the Titanic out of context to make unsubstantiated claims that imply the ship’s sinking was a deliberate act. This is not true—experts widely agree the sinking of the Titanic was an accident. The meme was posted to Facebook on March 1 and has been shared more than 600 times (here).
Offshore drilling company Valaris, the world's largest by fleet size, has received approval from the United States Bankruptcy Court for the Southern District of Texas of its prearranged plan of reorganization, and has agreed with Korea's Daewoo to delay deliveries of two newbuild drillships.
The U.S. Maritime Administration (MARAD) is seeking the public's help in determining the future of the world's first nuclear-powered merchant ship.The NS Savannah was built by New York Shipbuilding Corp. and launched in 1959 as part of President Dwight D. Eisenhower's Atoms for Peace Program to promote the peaceful use of nuclear energy.
A Valaris drillship went adrift on Tuesday evening, breaking free from moorings near the port at Hunterston, North Ayrshire, Scotland.According to BBC, which was the first to report on the incident on Wednesday, "a major rescue operation has been ongoing overnight," when the 228 meters drillship, Valaris DS4, broke free and started drifting without power.
Cruise operator Royal Caribbean Group said on Tuesday it reached a deal to sell its Azamara brand to private-equity firm Sycamore Partners for $201 million in cash, as it grapples with biting impacts of the COVID-19 pandemic.Sycamore Partners will acquire the entire Azamara brand, including its three-ship fleet—Azamara Quest
Robert Allan founded Robert Allan Ltd. in 1930 when Allan commenced private practice as a consulting Naval Architect after serving as Technical Manager of a local major shipyard. In the 90 years that have passed, the organization has evolved from a one-man shop to a global powerhouse in the business of naval architecture and marine design.
Dutch shipbuilder Concordia Damen said Friday it has signed a contract for 40 eco-friendly dual-fuel barges with institutional investors advised by J.P. Morgan Asset Management. The barges will be chartered by Shell and operated by the VT Group/Marlow. Frachtcontor Capital Partners was the broker for the deal.The 110- by 11.
Edward Schwarz, Vice President for ABB Marine and Ports, received the United States Merchant Marine Academy’s Rear Admiral Lauren S. McCready Award as the 51st recipient.Edward A. Waryas, Jr., Board Member for NYSE-traded KNOT Offshore Partners, LP as the 43rd recipient of the award and co-chair of the award’s committee made the announcement.The Lauren S.
The U.S. Army Corps of Engineers (USACE) officially kicked off the project to deepen of the Mississippi River Ship Channel to 50 feet Friday, as Weeks Marine’s cutterhead dredge Captain Frank started dredging 5 miles above the Head of Passes.The USACE awarded this first contract for the Ship Channel deepening to Weeks Marine on September 3, 2020, and the Captain Frank started the deepening Friday.
A stalled global economic recovery from the coronavirus pandemic is leading to a fresh build-up of global oil supplies, pushing traders including Trafigura to book tankers to store millions of barrels of crude oil and refined fuels at sea again.The use of so-called floating storage onboard tankers comes as traditional onshore storage remains close to capacity as supplies outpace demand.
The Equinor Board of Directors appointed Anders Opedal as its new president and CEO starting November 2, 2020. Eldar Sætre will retire after six years as CEO and more than 40 years in the company.Opedal ascends to the top spot coming from the position as Executive Vice President Technology, Projects and Drilling.
Autonomous vessel technology developer Sea Machines Robotics announced Wednesday it has closed a new $15 million financing round with significant participation by America's largest military shipbuilder Huntington Ingalls Industries (HII).The Boston-based tech company said it expects the investment and associated partnership with HII will accelerate the deployment of self-piloting technologies