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.
The Fixing America’s Surface Transportation (FAST) Act was enacted in December 2015. The FAST Act required the U.S. Department of Transportation (DOT) to develop a National Freight Strategic Plan to address multimodal freight transportation. In the Federal Register of December 27, 2019, DOT requested information from the public, including industry trade groups
The U.S. Navy commissioned its newest Expeditionary Sea Base, USS Hershel “Woody” Williams (ESB 4), during a ceremony Saturday, March 7, in Norfolk, Va.USS Hershel “Woody” Williams is optimized to support a variety of maritime-based missions and designed around four core capabilities: aviation facilities, berthing, equipment staging support, and command and control assets.
Littoral Combat Ship (LCS) 19, the future USS St. Louis, has completed acceptance trials in Lake Michigan and will now undergo final outfitting and fine-tuning before delivery to the US Navy early next year.Christened and launched on December 15, 2018, LCS 19 was built by Marinette Marine in Marinette, Wis. The vessel is the seventh ship in naval service named after St. Louis, Mo.
Boriana Farrar is a familiar face in maritime circles, the Vice President and Counsel and a Senior Claims Executive and Business Development Director for the Americas at the Ship Owners Claims Bureau, Inc. managers of the American P&I Club. We met with her in her NYC office to discuss her path from her native Bulgaria to a top maritime professional position.
Artificial intelligence (AI) and machine learning (ML): mention these two terms and the listener may instantly think of the ads displayed as you view your favorite online news site. This is one version of what AI/ML might be. Given the state of AI and ML research today, these advanced mathematical techniques represent something the U.S. Coast Guard should explore for mission application.
Hydrogen fuel cell technology to Satisfy Future IMO RequirementsWith an ongoing push by the maritime community to reduce ship emissions to satisfy IMO MARPOL Annex VI regulations and limit the sulfur content of ships from 01 January 2020 to 0.5 percent world-wide, many ship owners are starting to consider hydrogen fuel cell technology to satisfy evolving emissions regulations.
The subchapter M towboat rules, safety management systems, and an emerging culture shift on the inland waterways brings with it a fresh look at how to manage risk. Is it time for P&I clubs to return to brown water? And should inland operators welcome them home?A mass exodus from the inland marine sector by P&I clubs in the mid-1990’s was precipitated by many things.
Great Lakes Towing Company (GLT), the largest U.S.-flag tugboat company engaged in towing on the Great Lakes, has celebrated its 120th anniversary with the christening of their newest tugboat, the Tug Michigan.The Tug Michigan was christened by vessel sponsor, Carolyn Watkins, Chief, Office of Environmental Education and Administrator
The International Maritime Prize for 2018 will be awarded to Joseph J. Angelo, a former United States Coast Guard (USCG) and International Association of Independent Tanker Owners (INTERTANKO) senior executive who participated in International Maritime Organization (IMO) meetings for many years, providing leadership on a number of key regulatory developments.
Is your company a Top 100 performer? The END of application period for this year’s MN100 edition is just over the horizon. Only those who apply can be considered for inclusion. Just 7 days to go ...The MN100, always our August print edition, is our annual look at the best 100 firms in the MarineNews, brown water, workboat space.
Workboats on the water is a hallmark of Seawork 2019 in Southampton, UK, and MarineNews magazine's Joe Keefe is in town tracking stories on the new technology, new boats and much more. A few select images from what is reportedly a busy 'day 1.'