Private equity firm Carlyle has dropped out of a bidding process for the warship division of stricken conglomerate Thyssenkrupp, the German company said on Tuesday.Carlyle's withdrawal as a suitor for Thyssenkrupp Marine Systems (TKMS) is a major blow to Thyssenkrupp's restructuring, which also includes plans for a 50:50 steel joint venture with Czech billionaire Daniel Kretinsky.
Massachusetts and Rhode Island are moving ahead with three offshore wind projects totaling 2.9 gigawatts (GW), or enough electricity to power about 1.6 million homes, government officials announced on Friday.The project selections, following a joint solicitation in March for wind farms to be built off of New England's shores
Chinese officials have asked their Iranian counterparts to help rein in attacks on ships in the Red Sea by the Iran-backed Houthis, or risk harming business relations with Beijing, four Iranian sources and a diplomat familiar with the matter said.The discussions about the attacks and trade between China and Iran took place at several recent meetings in Beijing and Tehran, the Iranian sources said
“Our connections to the maritime world are far more profound and diverse than I think most of us realize.” James P. DelgadoJim talks about his long, storied career, starting with his budding interest in archaeology and history at age 10, and how his career path changed when he was exposed to the buried San Francisco Gold Rush ship Niantic while working for the National Park Service.
President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central American passage and drawing a sharp rebuke from Panamanian President Jose Raul Mulino.Speaking to a crowd of supporters in Arizona, Trump also said he would not let the canal fall into the "wrong hands
We talk with renowned maritime archaeologist James Delgado about the recently found US Navy destroyer USS Stewart. Stewart was a century-old US Navy destroyer that earned the unenviable distinction of serving under both American and Japanese flags during World War II. This groundbreaking discovery was made off the coast of northern California on a collaborative expedition between Ocean Infinity
“The biggest museum we have sits at the bottom of the sea.” James P. DelgadoShipwreck discoveries often hit the news and can be captivating tales of exploration, trade, and war in times gone by.Behind these discoveries are the stories of the ships, their crews, and what life was like for them.
The U.S. plans to issue a study on the environmental and economic effects of liquefied natural gas (LNG) exports by the middle of this month, a Department of Energy official said on Wednesday."We expect to release the final study ... by mid-December for a 60-day public comment period," Brad Crabtree, an assistant secretary at the DOE, told lawmakers at a House of Representatives hearing.
Two German warships await orders from Berlin, their commander said, to determine whether next month they will be the first German naval vessels in decades to pass through the Taiwan Strait, drawing a rebuke from Beijing.While the U.S. and other nations, including Canada, have sent warships through the narrow strait in recent weeks
Mobile, Ala. shipbuilder Austal USA has launched the future USS Pierre (LCS 38), the last ship of the U.S. Navy’s Independence-variant Littoral Combat Ship (LCS) program.Following launch, Austal USA’s test and activation team will spend the next several months preparing her for sea trials later this year.
Dutch shipbuilder Damen has signed a contract with Toyota Tsusho for the delivery of four vessels to support the port development project in Namibe, Angola.The order consists of two ASD Tugs 2813, a Pushy Cat 1004 and a Stan Pilot 1905. The vessels will be provided to the Ministry of Transport Angola as part of a Japanese Government funded port development project.
Austal USA celebrated the christening of the company’s 19th Independence-variant Littoral Combat Ship (LCS) today – the future USS Pierre (LCS 38). Ship sponsor Larissa Thune Hargens executed the ceremonial bottle break over the bow of Pierre.Hargens, a native of South Dakota, graduated from Bethel University, in Saint Paul, Minn., with a bachelor’s degree in political science and history.