Colonna’s Shipyard is a fifth-generation, family-owned medium-sized shipbuilder, led by Randall Crutchfield, Chairman & CEO, today. Founded in 1875 by 26-year-old ship carpenter Charles J. Colonna with a $2,000 loan from his brother, he founded a company that has not only withstood the test of time
Order intake, exports, and green technology demand fuel confidence for 2025Germany’s maritime equipment and offshore supply industry is posting steady growth in 2024 and setting an optimistic course for 2025, according to new figures released by the VDMA Marine Equipment and Systems Association.With an average turnover increase of 5.
Fears of an environmental disaster eased on Wednesday, two days after a container ship ploughed into a stationary U.S. fuel tanker off northeast England, as the vessel's owner said the detained captain was a Russian national.The Portuguese-flagged Solong had crashed with no obvious explanation into the larger Stena Immaculate, a tanker carrying jet fuel for the U.S. military.
In a move to restore full domestic ferry service by summer, Governor Bob Ferguson said that Washington State Ferries (WSF) will delay the hybrid-electric conversion of two of the state’s largest ferries. The decision comes as WSF works to increase its operational fleet, ensuring that 18 vessels are in service simultaneously for the first time since 2019.
Russia may be forced to reduce its oil production in the coming months as U.S. sanctions restrict access to tankers needed for exports to Asia, while Ukrainian drone attacks continue to damage key refineries.Last month, the U.S. imposed sanctions targeting 180 Russian tankers, coinciding with an escalation in Ukrainian drone strikes aimed at strengthening Kyiv’s bargaining position.
This week at MarineLink…A group of people met at the University of Alaska Fairbanks at the end of October to brainstorm a possible new economy for Alaska and a clean energy source for the world: geologic hydrogen.It’s not that new a concept. Villagers in Bourakébougou, Mali, found a source of geologic hydrogen while unplugging an old water well in 2011.
Lukoil declared force majeure at its Iraqi oil field, sources told Reuters on Monday, and Bulgaria was poised to seize its Burgas refinery, as the Russian company's international operations buckled under the strain of U.S. sanctions.The force majeure at the West Qurna-2 field in Iraq marks the biggest fallout yet from the sanctions imposed on Russian oil majors Lukoil and Rosneft last month as
Two tankers carrying around 1.5 million barrels of Russian Urals crude have dropped anchor at sea on either end of the Suez Canal, in an apparent sign of the difficulty Moscow is having selling oil after Western sanctions were tightened last month.The vessels Sikar and Monte 1 were both loaded with oil from Russia’s Baltic port of Primorsk in early October and have remained anchored near the
As U.S. ports face their annual surge in pre-holiday inventory arrivals, many are relying on propane-powered equipment to stay efficient, resilient, and cost effective. This surge in port activity comes just as the U.S. Department of Transportation (DOT) Maritime Administration announces $500 million in funding opportunities to upgrade port infrastructure across the country.
The Mission to Seafarers' latest edition of its quarterly Seafarers Happiness Index has revealed a steadying in seafarer satisfaction, marking a small rise as the survey enters its 10th year.The Q1 report shows an overall rise in seafarer happiness to 6.98 out of 10, up from 6.91 in Q4 2024.
At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions package on Jan. 10, ship tracking data showed on Monday.Five of those tankers were stationary off Chinese ports and a further seven dropped anchor off Singapore, with others halting near Russia in the Baltic Sea and the Far East
The UK P&I Club appointed Richard Offord as the new Chief Executive of the Club’s Singapore Branch. Richard will replace Yiah Soon Ng (YS) on December 1, 2024, as YS will retire after leading the Singapore office for more than 27 years. Offord joins the office from his previous position in London and will report to the Club’s Regional Director for Asia, Andrew Jones.