The U.S. Senate on Tuesday confirmed Ann C. Phillips as Administrator of the U.S. Maritime Administration (MARAD), filling a position that has been left vacant at the Department of Transportation (DOT) since January 2021. Phillips was confirmed by a vote of 75-22.Phillips, a retired U.S.
Nashville-based Ingram Marine Group, one of the largest barging companies in the U.S., announced Monday that David O’Loughlin will retire from his role as CEO. He will be succeeded by John Roberts, the company’s current chief operating officer, who will take the helm as the new president and CEO on February 1.
The Navy is known for its big ships. It has a lot of smaller boats and craft, too—3,200 of them.The three primary stakeholders for these craft are the Surface Fleet, Commander Navy Installations Command and Navy Expeditionary Combat Command. Other stakeholders include Submarine Forces; Air Forces (which own the aircraft carriers); Naval Special Warfare; the Coast Guard; Naval Facilities Command
The first floating wind turbine for Equinor's 88MW Hywind Tampen floating wind farm in Noway was assembled last week at Wergeland Group's base in Norway, Wergeland shared via social media.Equinor’s Hywind Tampen will be the world’s largest floating offshore wind farm once completed later this year.The turbine assembled at Wergeland's base is the first of eleven to be assembled.
Sarter Marine Towing Company Inc. announced it has agreed upon definitive terms for the sale of Sarter to The Great Lakes Towing Company.Under the deal, The Great Lakes Towing Company purchased Sarter tugboats Donald J. Sarter and William C. Selvik, as well as all supporting machinery and equipment and most other shoreside assets.
Following recent upward moves on domestic steel plate prices at nearly every major recycling destination, it was another week of firm pricing and a sub-continent market that is still on an aggressive footing for the most part.Demand remains rampant and capacity at yards remains open for any available tonnage (market or otherwise)
BP Trinidad and Tobago has chartered the Safe Concordia offshore accommodation rig from Prosafe, to provide gangway-connected operations at Cassia C offshore platform in Trinidad. The contract will last around 160 days and will be a straight continuation of Safe Concordia's current engagement at Cassia C. The new contract will run from March 24, 2022, to August 31, 2022.
Is it true that Sailing Cargo is building the world’s first mobile aquaculture ship?That is correct. We at Sailing Cargo Inc. want to change the future of global fishing while proving the value of clean shipping. Our team of experienced professionals is building the world’s largest zero emission sailing vessel in order to respond to the increasing global demand for healthy salmon and protein in
An Ohio man has been arrested on federal charges after suspected explosive devices were found on Ohio River towboats, authorities said.Nathaniel Blayn Becker, of Marietta, Ohio, was charged on October 28 in a federal criminal complaint with possession of one or more unregistered destructive devices.
CS Hunan Venture very large crude carrier, dubbed one of the most advanced and energy-efficient VLCCs ever built in China, was recently launched by Dalian Shipbuilding Industry Group (DSIC).The vessel is owned by China Shipbuilding Consulting Company and operated by Wah Kwong Ship Management Hong Kong.
TR Lady Shipping Ltd, a portfolio company of Tufton Investment Management Ltd (“Tufton”), signed a contract Anemoi Marine Technologies to supply and fit the bulk carrier TR Lady with three large Rotor Sails and Anemoi’s patented Rail Deployment System, a system designed to allow the Rotor Sails to be moved across the deck to minimize impact on port operations.
Dry bulk shipping company Genco Shipping & Trading Limited announced on Wednesday that it has entered into agreements to acquire two 2022-built 61,000 dwt Ultramax vessels to be constructed at Dalian Cosco KHI Ship Engineering Co. Ltd. (DACKS). The vessels are expected to be delivered to Genco in January 2022.