Maritime Partners, LLC, through its managed funds, has acquired from J. Russell Flowers, Inc. and its affiliates, a diversified portfolio of over 1,000 marine vessels operating on bareboat charter. JRF’s fleet includes a variety of towboats, tank barges, hopper barges, and deck barges.
Spanish renewables giant Iberdrola has informed that it has started construction work for the Vineyard Wind 1, the United States' first large-scale offshore wind farm.The offshore wind farm will be located off the coast of Massachusetts. It is 25 times larger than an existing offshore wind farm in Rhode Island, which has 30 MW installed capacity and supplies electricity to 17,000 homes.
A section of the Ohio River was closed to vessel traffic on Tuesday due to towboat fire near Belleview, Ky.The U.S. Coast Guard said it issued a waterway restriction between mile marker 499 and mile marker 501 on the Ohio River after a fire reportedly broke out in the engine room aboard the towing vessel Capt. Kirby Dupuis.
President Joe Biden is pushing to ease supply shortages and tame rising prices in time for Christmas, but unsnarling U.S. supply lines could take far longer, experts told Reuters.Biden brought together powerbrokers from ports, unions and big business on Wednesday to address shipping, labor and warehousing pain in the U.S.
A federal appeals court late on Friday reversed course and let stand a lower court order prohibiting the U.S. Centers for Disease Control and Prevention (CDC) from enforcing coronavirus-related cruise ship rules in Florida.The decision is a win for Florida that had filed a lawsuit arguing the CDC curbs made it tough for the cruise industry to recover from the pandemic.
A widely-shared meme has taken several facts about the Titanic out of context to make unsubstantiated claims that imply the ship’s sinking was a deliberate act. This is not true—experts widely agree the sinking of the Titanic was an accident. The meme was posted to Facebook on March 1 and has been shared more than 600 times (here).
President Joe Biden on Wednesday signed a new raft of executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies, as he pursues green policies he billed as a boon for job creation.The orders map out the direction for the Democratic president's climate change and environmental agenda and reverse the policies of his
President Joe Biden was set on Wednesday to sign executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies as he pursues green policies in stark contrast to those of his predecessor Donald Trump.The orders map out the direction for the Democratic president's climate change and environmental agenda and mark a reversal
The United States on Tuesday sanctioned a network of oil trading firms, individuals and vessels that have helped Venezuelan state-run oil company PDVSA sell crude mainly to Asia despite Washington's sanctions on the South American nation.The measure targets a network that the U.S. Treasury Department says helped the administration of President Nicolas Maduro
NOAA’s effort to recapitalize its aging fleet of research ships took a major step forward today with the U.S. Navy’s award of a $178,082,877 contract to Thoma-Sea Marine Constructors LLC, Houma, La., for the detailed design and construction of two new oceanographic ships.NOAA is acquiring the vessels through an agreement with the Naval Sea Systems Command, a leader in building
In a joint plea to Congressional leadership and Treasury Secretary Steven Munchin this week a host of maritime transportation entities asked that $3.5 billion in COVID-19 relief funding be made available for the U.S. maritime transportation sector, citing “significant hardships” and “unique and unexpected challenges” posed by the COVID-19 pandemic.
The U.S. Navy announced it will scrap the USS Bonhomme Richard (LHD 6), forgoing repairs to the Wasp-class amphibious assault ship that was ravaged by a major fire in San Diego in July."We did not come to this decision lightly," said Secretary of the Navy Kenneth J. Braithwaite. "Following an extensive material assessment in which various courses of action were considered and evaluated