The exceptional growth in LNG trade recorded in the first half of the 2019 continued in Q3, says Awilco LNG Group, the Norwegian based fully integrated pure play LNG transportation provider.According to Fearnleys LNG total LNG trade is up about 13 % in the first nine months of the year vs last year.
Four crew members are missing from a roll-on/roll-off cargo vessel that is disabled, overturned and has caught fire near Brunswick, Georgia, the U.S. Coast Guard said on Sunday.Twenty people have been safely removed from the ship, and the Coast Guard said it is working with local partners to locate the four crew still missing from the 656-foot vehicle carrier, MV Golden Ray
Offshore vessels owner Tidewater announced on Wednesday that its board has appointed Quintin V. Kneen as President, Chief Executive Officer, and director, replacing retiring President, Chief Executive Officer and director John T. Rynd, effective immediately.Kneen, who has served as Executive Vice President and Chief Financial Officer of Tidewater since Tidewater’s November 2018 business
PAO Sovcomflot (SCF Group), which serves the energy shipping and offshore services to the oil and gas industries, reported in the first half of 2019 revenues rose 16.6% ($828m vs. $710.1m), TCE revenue rose 19.1% ($609m vs. $511.3m) and EBITDA rose 42.4% ($381.2m vs. $267.7m) as compared to the first half of 2018.
The U.S. Navy will commission its newest Arleigh Burke-class guided missile destroyer -- arguably the most successful shipbuilding series in naval history -- the future USS Paul Ignatius (DDG 117), during a ceremony July 27 at Port Everglades in Fort Lauderdale, FL.The ship is named in honor of Paul Robert Ignatius, who served in the U.S. Navy during World War II, and later during the Lyndon B.
Joel Reid joined Cox Powertrain in April 2015. He holds an EMBA in Business from the University of Chicago, a Master’s Degree in Marine Surveying and a Bachelor’s degree in Business Administration. Reid has been instrumental in bringing Cox’s ground-breaking 300hp diesel outboard to market and has worked tirelessly over the last three years to create an enviable global distributor network.
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced $19.6 million in grants to support capital improvements at 28 U.S. small shipyards as a part of its Small Shipyard Grant program. The grants enable small shipyards to modernize equipment and processes to fuel future growth.
The U.S. towing and tug business is 5,500 boats, more than 31,000 barges with an estimated total impact on U.S. GDP of $33.8 billion.“At a macro level, the bigger ships are causing downward pressure on the ship assist business because there are fewer ship calls given the increased capacity of these vessels.
With the United States & China dominating world news with the brewing trade war, it is worthy to note that when you examine the cumulative number and value of U.S. ships on order today worldwide (73 ships, $3.4 billion) Chinese shipyards dominate with a 50% share of the market (36 ships, $1.7 billion).
The United States Navy awarded Huntington Ingalls Industries’ Newport News Shipbuilding a contract for two aircraft carriers, the first of its kind since the 1980s.A notification from the office of the navy chief of information said that the contract for the construction of CVN 80 and CVN 81 was awarded to Huntington Ingalls Industries-Newport News Shipbuilding (HII-NNS).
While the task to name only five 'Top' yachts of the year, Maritime Reporter & Engineering News' Lisa Overing gives it her best shot in the January 2019 edition.M/Y TIS: “Size Matters”The age-old question of whether or not size matters is typically directed at men. However, since a ship is called she, Maritime Reporter’s top spot for greatest yacht of 2018 is the class of 2018’s largest launch
Grupo Lindley was approached by Administração dos Portos do Douro, Leixões e Viana do Castelo in Portugal to improve the reliability of the aids to navigation in the Douro River. Along this stretch of navigable waters there are many piles that when the river floods become totally submerged.