Investment holding company Ocean Wilsons has agreed to sell its 56.47% stake in Brazilian unit Wilson Sons to shipping services provider SAS for 4.35 billion reais ($764.9 million), it said on Monday.London-listed Ocean Wilsons, which is the controlling shareholder of shipping firm Wilson Sons, said in a statement it was a "compelling time" for the sale
The families of the six workers who died in the March collapse of the Francis Scott Key Bridge in Baltimore filed lawsuits on Friday against the owner and operator of the cargo ship that struck the bridge.The lawsuits filed in Maryland federal court by the families of Carlos Daniel Hernandez Estrella, Alejandro Hernandez Fuentes, Miguel Angel Luna, Dorlian Ronial Castillo Cabrera
A ship carrying around 14,000 sheep and 2,000 cattle is marooned off the coast of Australia in sweltering heat after it was forced to abandon a trip through the Red Sea, causing outcry from people concerned about the animals' welfare.The vessel left Australia on Jan. 5 for Israel, where it was to unload
Heavy fog has suspended the operation of ships travelling through the Qiongzhou Strait off the coast of China's Guangdong province and several cities, including Shanghai, have issued warning advisories, Chinese state media reported on Wednesday.Several ports suspended the flow of traffic starting late Tuesday and the specific time of the resumption of navigation will be determined as sea
Senator Wesley Livsey Jones gave his name to the famous “Jones Act” governing U.S. domestic maritime trade. But what do really know about him? It turns out that he was much more than a leading merchant marine policy maker. (i)Jones had a long career in the U.S. House of Representatives before he was a Senator, was an effective legislator, an astute politician
The November edition of Marine News magazine highlighted a selection of the most notable American newbuilds delivered of 2023—from a first-of-its-kind green towboat, to the lead vessel in a series of game-changing ships to train U.S. mariners.Empire StateAs the lead vessel in a series of five new training ships being constructed to serve America's state maritime academies
Erika Graziuso, Chief Information Officer, Crowley, brings a breadth and depth of non-maritime experience to bear in her quest to drive Crowley’s digital transformation in the name of decarbonization, holistic transportation efficiency and crew attraction and retention.Emulating best practices from industries outside of maritime has been a mantra in boardrooms and conferences for decades
Wilson Sons will start building in 2025 a new range of three powerful tugboats with sustainable technology at its shipyard in Guarujá, São Paulo. It plans on renewing and modernizing its fleet of more than 80 tugboats, which operate along the Brazilian coast.The three vessels are ASD 2312 (23 x 12m) tugs with azimuth propulsion and 70 tons of bollard pull
RV Resilience, a new hybrid research vessel designed by Incat Crowther and built by Snow & Company in Seattle, has been delivered to the U.S. Department of Energy’s Pacific Northwest National Laboratory (PNNL).RV Resilience is the Department of Energy’s first hybrid electric-diesel research vessel.
Navalrocha Shipyard reported growth in key target markets, including LPG and Product Carriers, after recording one of its strongest ever half-year performances.With more than 30 projects delivered to date, Navalrocha is on course for another record-breaking year having completed projects with wide variety of commercial ships.
The impacts of Section 27 of the Merchant Marine Act of 1920, today commonly referred to as the Jones Act, are often debated in maritime circles. But the well-known U.S. law, which requires vessels that transport goods between U.S. ports to be American-built, -flagged, -owned and -crewed, hasn’t always been a hot button issue, according to Charlie Papavizas, author of a new book on the subject
Erik Thun Group selected Berg Propulsion’s Dynamic Drive technology to optimize efficiency on board all 10 of its latest newbuildings. The Swedish owner confirmed its decision after pilot installations exceeded energy efficiency gain expectations, with the integrated drive solution helping to save 10% of fuel, rising to 20% in some operational conditions.