Reston, Va.-based Leidos said it has entered into a definitive agreement to acquire esteemed naval architecture and marine engineering firm Gibbs & Cox for $380 million in cash, as the defense, engineering and IT conglomerate looks to bolster its expertise as it competes for U.S. Navy unmanned systems contracts.
If you’ve perused social media in recent weeks, you may have come across people singing chanteys, which were work songs employed on merchant sailing ships.Historically, chanteys – which are also spelled as “shanties” or “chanties” – began with a sing-out by a crew member recognized as “the chanteyman,” usually someone prized for his voice and ability to extemporize.
Genco Shipping & Trading has entered into an agreement to acquire three modern, eco Ultramax bulk carriers in exchange for six older Handysize vessels, the largest U.S. headquartered dry bulk shipowner announced Monday. The transaction with an unnamed trading partner is structured as an asset swap without monetary consideration or additional capital required.
Equinor and SSE have announced a financial close on the first two phases of the world's largest offshore wind farm project - the Dogger Bank in the UK North Sea.Dogger Bank wind farm is a joint venture between SSE Renewables, who are leading the construction of the offshore wind farm, and Equinor, who will operate the 3.6GW project during its lifetime of at least 25-years.
Marine and offshore survey company Ocean Infinity, which recently announced plans to build the world's largest fleet of unmanned surface vessels - the Armada, is now adding what it says are "world's largest marine robotic vessels" to the Armada fleet. Apart from being large—78 meters long—these new robotic vessels will be optionally crewed.
Bollinger Shipyards has delivered the USCGC Oliver Henry to the U.S. Coast Guard in Key West, Fla. This is the 163rd vessel Bollinger has delivered to the U.S. Coast Guard over a 35-year period and the 40th Fast Response Cutter (FRC) delivered under the current program.The new cutter is the second of three FRCs to be homeported in Apra Harbor, Guam, increasing the presence for the U.S.
A Bangladeshi woman whose husband died while dismantling an oil tanker at a shipbreaking yard in 2018 can file a negligence claim against a British company involved in the vessel’s sale, London’s High Court ruled this week.Khalil Mollah, 32, fell to his death while working on a tanker called the EKTA in the port city of Chattogram in southeastern Bangladesh
The USS Fitzgerald (DDG 62), which suffered heavy damage and nearly sank off the coast of Japan after a fatal collision with a containership in 2017, departed Huntington Ingalls Industries' Ingalls shipyard in Pascagoula, Miss. Saturday following two years of extensive repairs and upgrades. Seven U.S.
U.S.-based drybulk shipowner Genco Shipping & Trading Limited announced the successful full crew change of the Genco Liberty, a 180,032 DWT Capesize vessel, marking the first full crew change under new COVID-19 protocols in Singapore. A total of 37 seafarers were involved in this crew change, which was completed on June 6, 2020 and executed in accordance with protocols established by Genco
Crowley Fuels took delivery Tuesday of its new Alaska Class 100,000-barrel, articulated tug-barge (ATB), which will be used to transport petroleum products for the Alaska market, from Bollinger Shipyards.Crowley will operate the 483-foot ATB for Alaska-based Petro Star Inc., a wholly owned subsidiary of Arctic Slope Regional Corporation (ASRC) under a long-term charter.
German conglomerate Thyssenkrupp is in talks about possibly merging its subsidiary ThyssenKrupp Marine Systems (TKMS) with a domestic rival to create a national champion.The Thyssenkrupp board member in charge of the marine systems unit, Oliver Burkhard, tweeted earlier that the company was in talks as an alliance could make sense in the current European market environment
Shipbuilder Bath Iron Works (BIW) has officially started construction of the future USS Louis H. Wilson Jr. (DDG 126), the U.S. Navy announced. The new warship will be the first Arleigh Burke-class destroyer built in the Flight III configuration at BIW.The milestone was marked by a ceremony on Tuesday at General Dynamics BIW's structural fabrication facility in Brunswick, Maine.