Dozens of containers lost from a ship at sea have been recovered off the coast of Australia as the country's maritime authority continues to press the vessel's owner to pay the $11 million cleanup costs.The 63 boxes plucked from the bottom of the Tasman Sea are among more than 80 lost from Yang Ming's containership YM Efficiency about 20 miles from shore in June 2018.
Work is underway to retrieve dozens of containers lost from a containership off the coast of Australia, with the first boxes raised to the surface this week. The first container was recovered from the seafloor on Monday using a hydraulic crane and rigging, remotely operated underwater vehicles (ROV) and a specially manufactured steel basket, the Australian Maritime Safety Authority said.
Valaris, the world's largest offshore drilling company by fleet size, is set to lose one of the most lucrative contracts in the offshore drilling industry today after it recently accidentally dropped a blowout preventer stack to seabed offshore Angola.The contract, at a day rate of $620,000 per day, is with the French oil major Total for the drillship Valaris DS-8.
There’s a barge full of reasons why many operators turn to ATBs.A mainstay of the U.S. coastwise dirty and refined products trades, articulated tug barges (ATB) have increasingly filled a void left as the fleet of Jones Act tankers (with crew complement requirements exceeding that of tugs) has aged out.
Encouraged by the success of a hybrid drives program, Siemens is going all out in Norway to automate production of that core marine energy storage enabler, the lithium battery. Offshore service vessel charterers, rig owners, ferry operators and ship owners are the target market. Trondheim’s technical university and a recent history of hosting battery makers and system integrators has made it
Dozens more people onboard a cruise ship quarantined in the port of Yokohama, Japan, tested positive for the coronavirus on Friday and thousands of passengers remained confined to their cabins, only allowed on deck briefly for fresh air.The Diamond Princess, owned by Miami-based Carnival Corp
At 800 AM EDT (1200 UTC), the center of Hurricane Dorian was located near latitude 29.5 North, longitude 79.6 West.Dorian is moving toward the north-northwest near 8 mph (13 km/h), and a northwest or north-northwest motion is expected through this morning. A turn toward the north is forecast by this evening, followed by a turn toward the north-northeast on Thursday morning.
NewbuildingSince the beginning of the year, 100 newbuild orders have been placed across the tanker sector. This is a considerable amount lower than the same period last year, when 140 vessels were placed. It is no surprise to see the Greeks lead the way with the highest number and largest vessels ordered, but hot on their heels are the likes of Eastern Pacific and Ocean Tankers
The U.S. towing and tug business is 5,500 boats, more than 31,000 barges with an estimated total impact on U.S. GDP of $33.8 billion.“At a macro level, the bigger ships are causing downward pressure on the ship assist business because there are fewer ship calls given the increased capacity of these vessels.
Hunter Tankers, a wholly owned subsidiary of the Norwegian investment company Hunter Group, has taken delivery of the second of seven identical ECO design VLCC newbuildings, the Hunter Saga.The vessel was handed over from Daewoo Shipbuilding & Marine Engineering (DSME) on October 19.
Hunter Tankers, a wholly owned subsidiary of the Norwegian investment company Hunter Group, has taken delivery of its first of seven identical ECO design VLCC newbuildings, the Hunter Atla.The vessel was handed over from the South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME), said the company.
Bermuda-based ship-owning and ship chartering firm Ship Finance International Limited (SFL) has agreed to purchase three very large crude carriers (VLCCs) from Norwegian investment company Hunter Group. The 300,000 dwt oil tankers are currently being constructed by South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME). Hunter Group placed the order for the VLCCs last year.