South Korean shipbuilder Samsung Heavy Industries agreed to pay 812 million reais ($148.56 million) in a leniency deal with Brazilian authorities to settle corruption investigations, federal prosecutors said late on Monday.On its website, the prosecutor's office said the deal was part of a global negotiation between the company and U.S.
Matson has taken delivery of Matsonia, the second of two new Kanaloa Class combination container / roll-on, roll-off (con-ro) ships built for the U.S. carrier at General Dynamics NASSCO's San Diego shipyard. Weighing in at over 50,000 metric tons, Matsonia and Lurline are each 870 feet long, with 114 feet beam and a deep draft of 38 feet.
The Trump administration on Thursday proposed to loosen Obama-era safety regulations for the oil industry in the Arctic Ocean off Alaska to ease the way for petroleum extraction in the region, an effort that President-elect Joe Biden will likely throw out once in office.The proposal would revise a suite of Obama-era rules crafted to improve safety in the extreme conditions of the Arctic after a
Shipbuilding group Austal announced Friday that its Vietnam yard opened in 2018 has delivered its first vessel fully constructed at the Vung Tau shipyard.The 94-meter high-speed catamaran A.P.T James was officially handed over from Austal Vietnam to the National Infrastructure Development Company (NIDCo)
Energy companies were securing offshore production platforms and evacuating workers on Tuesday, some for the sixth time this year, as a major hurricane took aim at U.S. oil production in the Gulf of Mexico.Hurricane Delta, the 25th named storm of the 2020 Atlantic Hurricane season, was churning in the Caribbean with sustained winds of 140 miles per hour (225 kph)
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.
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.
U.S. inland barge transportation company American Commercial Barge Line (ACBL) has named Mike Ellis as the company’s new chief executive officer and a member of its board of directors, effective August 17, 2020.Ellis will take the helm following ACBL's recently completed Chapter 11 recapitalization and restructuring, succeeding retiring president and CEO Mark Knoy
The Hibernia oil platform in Canada was shut after a leakage of drilling and production fluids, the Hibernia Management and Development Co (HMDC) said late Monday.Hibernia sits roughly 315 km (200 miles) east of St. John's, Newfoundland and Labrador. ExxonMobil owns the largest stake in the oil platform, followed by Chevron Canada and Suncor Energy Inc.
Good maritime training provides much more than the certifications, licenses and documentation needed to qualify for the job. It goes beyond preparing crews to carry out onboard functions safely and efficiently day in and day out. Well-trained mariners have the skills and knowledge to handle almost anything thrown their way – even when confronting the unexpected.
Australia's newly built Antarctic icebreaking research and supply vessel (RSV) is nearly ready to be delivered, but its sea trials have been delayed due to the coronavirus pandemic, the Australian Antarctic Division (AAD) said.Construction of the ship commenced at Damen’s Galați shipyard in Romania in May 2017
The U.S. Navy hospital ship USNS Comfort (T-AH 20) arrived in New York Monday to support COVID-19 response efforts in the epicenter of America's coronavirus outbreak.The ship will serve as a referral hospital for non-coronavirus patients currently admitted to shore-based hospitals, and will provide a full spectrum of medical care to include general surgeries