An increased number of oil tankers sit at anchor near the ports of Los Angeles and Long Beach as the volume of oil products held in floating storage around the globe has skyrocketed in the past month amid what analysts are saying is the biggest oil glut in history.There were 27 tanker vessels off the coast of Southern California Thursday afternoon, according to the U.S.
The promise of a vibrant U.S. offshore wind business has been long in the making. While questions remain on timing and pace, there is renewed confidence in the offshore wind sector, particularly in the northeast United States (global pandemic notwithstanding). Investment in the sector had escalated to start 2020, embodied best by Reinauer Group and its WindServe Marine unit
Konrad Marine has launched several iterations of its signature sterndrive since unveiling its first units in the 1990s. Konrad’s latest lineup, the 600B series, was rolled out in 2014, with the first drives delivered to customers at the start of 2015 and strong market uptake ever since.
Only 10 days ago, reports indicated that China cargoes were returning to pre-coronavirus levels, and there appeared to be light at the end of the tunnel. Today, however, a barrage of new headlines has underscored the impact on the rapidly changing global supply chain, including in the United States.
Huntington Ingalls Industries’ (NYSE:HII) Newport News Shipbuilding division on Friday delivered the newest fast-attack submarine to the U.S. Navy.Delaware (SSN 791), which successfully completed sea trials earlier this month, is the ninth Virginia-class submarine to be delivered by Newport News and the 18th built as part of the teaming agreement with General Dynamics Electric Boat.
Washington-based boat builder Armstrong Marine said it has delivered a new 42’ x 16’ catamaran research vessel, Benthic Cat, to Orca Maritime, Inc. following launch and sea trials in Port Angeles Harbor. The vessel will enter service immediately, beginning with a week-long operation around San Clemente Island.
Britain's Royal Navy said on Monday one of its warships had helped to seize a batch of crystal meth worth more than 3.3 million pounds ($4.3 million) from smugglers in the Gulf of Oman.HMS Defender, a destroyer based at Portsmouth, southern England, sent a party to search a suspicious dhow as it conducted reconnaissance in the northern Arabian Sea.
U.S.-based shipbuilder Metal Shark has launched a 48-meter (158’) aluminum catamaran expedition yacht, the first in its newly introduced lineup of high-speed, long range catamaran expedition yachts.The new Metal Shark M48, named Magnet, is the first-ever private recreational yacht built by Metal Shark
Sweden-based OXE Marine said it has delivered its first 300-horsepower diesel outboard engine after it commenced production of the new model in May. After passing rigorous quality tests, the first OXE300 units are now ready to be shipped to customers. The production of OXE300 will ramp up and move to new production facility in July.
The global manufacturer of equipment Chart Industries has joined SEA\LNG, the multi-sector industry coalition accelerating the widespread adoption of liquefied natural gas (LNG).Peter Keller, SEA\LNG chairman, commented: “We are thrilled to welcome another member from North America.
The largest German bulk carrier company Oldendorff Carriers GmbH, which operates around 700 ships, said that its Lydia Oldendorff (207,562 tdw built 2015) has set a record as the largest vessel to load coal at Puerto Bolivar, Colombia.The Newcastlemax vessel has a length of 300 meters and a breadth of 50 meters and was loaded on a trial cargo draft of 17.5 meters.
Schoellhorn-Albrecht recently completed a contract to manufacture a 23,300 lb AC-14 type anchor for Military Sealift Command.The anchor will serve on a Watson Class Vehicle Cargo Ship used for prepositioning of ground vehicles.The anchor was manufactured to ABS rules and proof tested to 272,000 lbs in the presence of an ABS surveyor in Schoellhorn-Albrecht's St. Louis facility.