U.S. maritime companies Crowley and SEACOR Holdings on Thursday announced the formal launch of their joint venture Fairwater Holdings LLC, an independent U.S. company integrating the firms’ petroleum and chemical transportation vessels, capabilities and personnel.Active in all major Jones Act coastwise tank vessel trades, Fairwater supports the transportation of petroleum products
American Commercial Barge Line (ACBL) named Peter Coxon as Chief Executive Officer, effective immediately. Coxon brings more than 40 years of maritime industry experience to ACBL as both an operator and customer. Most recently, he served as CEO of Rand Logistics, leading a successful turnaround, driving improved performance and synergies following Rand’s acquisition of American Steamship Company.
Simulation-based training has its whole-of-ship/whole-of-team scenarios, but zooming in, the industry is now working on more specific targets.We have a close relationship with technology, evidenced by, for example, the phones we are estimated to unlock around 50-80 times a day. It has changed us.
U.S.-based SEACOR Marine has completed the installation of a hybrid power system on its platform supply vessel (PSV) SEACOR Yangtze.Beginning in February 2024 in Norway, Kongsberg Maritime started the upgrade of the UT771 CDL SEACOR Yangtze with the Deckhouse Energy Storage System.
Esgian reports shifts in demand in its Week 13 Rig Analytics Market Roundup.Report overview:ContractsADES has received a Letter of Intent (LOI) from PTTEP Energy Development Company Limited for an 18-month jackup drilling contract in the Gulf of Thailand. Operations are expected to begin in the second half of 2024, with an unspecified jackup.
KOTUG International, a marine services and towage provider based in the Netherlands, announced on Thursday it has concluded its acquisition of Kotug Seabulk Maritime (KSM), taking full ownership of the Caribbean marine towage business.KOTUG said it has acquired the interest of its joint venture partner, Fort Lauderdale, Fla.
SEACOR Holdings Inc. announced it has concluded the sale of its Caribbean liner and logistics business SEACOR Container Lines LLC (“SEACOR Island Lines”) to King Ocean Services Ltd. The transaction includes all operations and assets.King Ocean specializes in marine transportation and logistics solutions to close to 50 destinations across the Caribbean and South and Central America out of their
A ‘Connected Future’ seminar, organized by Inmarsat in collaboration with Maritime Reporter & Engineering News and moderated by Greg Trauthwein, encapsulated the critical roles technology and data sharing play in enabling more efficient and sustainable workboat operations, and in improving conditions for crew.
SEACOR Marine announced it will convert four of its platform supply vessels (PSV) to battery hybrid power in a move to enhance efficiency and slash emissions.The Houston-headquartered marine transportation firm said on Thursday it has ordered containerized energy storage systems (ESS) from Norway's Kongsberg Maritime for install aboard SEACOR Ohio, SEACOR Alps, SEACOR Andes and SEACOR Atlas.
British security firm Ambrey said on Thursday a Greek-owned bulk carrier was allegedly targeted by Yemen's Houthis while travelling northbound in the Red Sea.The ship's transmissions stopped 118 nautical miles east of Massawa, Eritrea when it was underway from Mormugao, India, with its destination as Suez, Egypt, the firm said in a statement that did not name the ship.
Esgian reports another busy week filled with a variety of updates, including new offshore acreage offered in the UK, Norway and Nigeria, in its Week 19 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a direct award of a contract from Suez Oil Company (SUCO) in Egypt.
Marine Towing of Tampa announced it is expanding its ship assist services to Florida's east coast following a deal with E.N. Bisso & Son to acquire towing assets formerly owned by SEACOR Holdings' Seabulk arm.In September 2023, SEACOR divested its U.S. harbor towing operations, selling to Bisso 12 tugs across ports in Florida and Alabama.