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.
Prime Minister Justin Trudeau on Wednesday said Canada would spend an estimated C$15.7 billion ($11.7 billion) to renew its coast guard fleet and that it would partner with a new shipyard to complete the project.Two Arctic icebreakers will be among a total of 18 new ships ordered, Trudeau told reporters in Vancouver.
Vane Brothers Company is committed to the safe handling and delivery of petroleum and chemical products. John Deere PowerTech marine engines will always be there, when they do.Vane Brothers Company’s white tugboats, distinguished by their large blue “V,” are a familiar sight while pushing barges on the Baltimore waterfront.
As Oceanology International celebrates its 50th Anniversary, Marine Technology Reporter explores half a century of subsea technology development and discovery. Oceanology International Americas runs February 25-27, 2019 in San Diego.When Oceanology launched in 1969 in the seaside resort of Brighton the world was a very different place.
South Korean shipbuilder Samsung Heavy Industries Co. (SHI) has agreed to pay $75 million in penalties to avoid prosecution in the United States over its scheme to pay millions of dollars in bribes to Brazilian officials to win a contract.“Samsung Heavy Industries paid millions of dollars to a Brazilian intermediary
Singapore state investor Temasek Holdings is offering to buy control of conglomerate Keppel Corp in a S$4.1 billion ($3 billion) deal that could hasten a consolidation in the rig building sector which is battling the effects of low oil prices.The announcement, which confirmed what two sources with knowledge of the matter told Reuters earlier on Monday
The Government of Canada is officially launching a competitive process, through an Invitation to Qualify, to add a third Canadian shipyard as a strategic partner under the National Shipbuilding Strategy (NSS). This new shipyard will build the new program icebreakers for the Coast Guard.
The United Arab Emirates (UAE), Greece and the United States of America (USA) top the list of country dumpers of ocean-going commercial vessels in 2018, according to new data released today by the NGO Shipbreaking Platform.UAE owners were responsible for the highest absolute number of ships sold to South Asian shipbreaking yards in 2018: there were 61 ships in total.
The Australian government decided to increase cooperation with Tehran in marine industries and shipbuilding irrespective of the US sanctions, reports Mehr News Agency, quoting the deputy head of Iran's Industrial Development and Renovation Organization (IDRO).After meeting Australian Ambassador Ian Biggs, Mohammad Nouri Amiri, deputy head of IDRO said that in spite of the US sanctions
A cargo ship loaded with 4,500 tonnes of steel and construction equipment required to build a new Antarctic wharf has arrived at British Antarctic Survey (BAS)'s Rothera Research Station.Staff awaiting its arrival cheered as the DS Wisconsin pulled alongside, guided for the final few hours through sea ice by the ice-strengthened RRS Ernest Shackleton.
The first of Damen’s revolutionary new RSD 2513: Always operating ‘bow first’ – a new Paradigm in Harbor Towage harbour tugs is a real innovation as its name saysThe radical new design of the RSD Tug 2513 is the result of extensive industry consultation at every level to find solutions to the general demand for tugs that are compact for operations in and around harbors and terminals
A ship loaded with 4,500t of equipment by BAM Construct UK has been sent on a month-long journey to Antarctica, where it will be used for building a new wharf at Rothera Research Station.The new wharf, being built over the next two Antarctic seasons, will provide safe berthing and efficient unloading for the new polar research vessel the RRS Sir David Attenborough.