The development and construction of multimission vessels (MMVs) remains active across the maritime market.The ability to perform multiple tasks when those different duties are needed is central to an MMV’s value. Multimission capabilities mean that an expensive asset doesn’t sit idle when it isn’t being used for a singular purpose, such as firefighting.
The Navy is known for its big ships. It has a lot of smaller boats and craft, too—3,200 of them.The three primary stakeholders for these craft are the Surface Fleet, Commander Navy Installations Command and Navy Expeditionary Combat Command. Other stakeholders include Submarine Forces; Air Forces (which own the aircraft carriers); Naval Special Warfare; the Coast Guard; Naval Facilities Command
In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral.While the two-million-barrel cargo to India was destined to produce more than a million tons of planet-warming carbon over its lifecycle, from well to tailpipe
Who do you call when you need a job done on short notice, in total darkness, under 100-percent ice cover, thousands of meters at the bottom of the sea? In the case of the U.S. Office of Naval Research (ONR), you call your friends in Norway.That is exactly what the Chief of Naval Research Rear Admiral Lorin C.
In early 2021, the somber news from the cruise sector continued. For some cruise brands, their own version of “lockdowns” will have spanned an entire year. By late January, 2021, Carnival and others were hesitantly pegging their restarts for April/May 2021, and for some markets, late summer
Offshore drilling rig contractor Seadrill has filed for bankruptcy protection at a court in the U.S. state of Texas, it said on Wednesday, the second time in four years the company has entered into so-called Chapter 11 restructuring.The Oslo-listed group controlled by Norwegian-born billionaire John Fredriksen returned to court along with several subsidiaries after failing to win consent from
If you’ve perused social media in recent weeks, you may have come across people singing chanteys, which were work songs employed on merchant sailing ships.Historically, chanteys – which are also spelled as “shanties” or “chanties” – began with a sing-out by a crew member recognized as “the chanteyman,” usually someone prized for his voice and ability to extemporize.
In 2001, George Burkley, a maritime educator, wrote a look-ahead article for Maritime Reporter and Engineering News, presenting the benefits and real-world payoffs from using simulators in maritime education. In the late 1990s, new tech and software advances were creating scenario programs that moved a student closer and closer to the realities demanded by, well, reality.
Genco Shipping & Trading has entered into an agreement to acquire three modern, eco Ultramax bulk carriers in exchange for six older Handysize vessels, the largest U.S. headquartered dry bulk shipowner announced Monday. The transaction with an unnamed trading partner is structured as an asset swap without monetary consideration or additional capital required.
Equinor and SSE have announced a financial close on the first two phases of the world's largest offshore wind farm project - the Dogger Bank in the UK North Sea.Dogger Bank wind farm is a joint venture between SSE Renewables, who are leading the construction of the offshore wind farm, and Equinor, who will operate the 3.6GW project during its lifetime of at least 25-years.
A pair of first-of-their-kind passenger vessels installed with all-electric propulsion will bring Niagara Falls sightseers to experience one of the wonders of the natural world undisturbed by exhaust fumes, engine noise or vibrations.The zero-emissions ferries, named the James V. Glynn and the Nikola Tesla
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.