A privately funded mission has found, surveyed and filmed the USS Johnston, the world’s deepest known shipwreck, offshore Samar Island in the Philippines Sea.The expedition was backed by Victor Vescovo, is an entrepreneur, explorer and retired U.S. Navy Commander who personally piloted his submersible DSV Limiting Factor down to the wreck during two separate, eight-hour dives 21,180 feet (6
Offshore seismic survey contractors PGS and Shearwater GeoServices have been awarded framework agreements with Equinor for 4D towed streamer seismic acquisition on the Norwegian continental shelf (NCS) in what Equinor said was a new way of working with seismic contractors.The agreements have a total estimated value of around NOK 700 million (~USD 82,7 million).
Memphis, Tenn.-based Southern Towing Company (STC) said Tuesday it has acquired family-owned Devall Towing, in a deal that expands STC’s towing operations into specialty chemical products.Headquartered in Sulphur, La., Devall is a towboat and barge operator for specialty chemicals along the Gulf Intracoastal Waterway and Lower Mississippi River, operating 36 towboats and 125 liquid tank barges.
However readers might define “normal”, 2020 was anything but. But the business of rigid inflatable boats (RIB) has been going at full throttle.Matthew Velluto, Director of Business Development and Marketing at RIBCRAFT USA, based in Marblehead, Mass., described a business moving steadily ahead, though it’s had to weave and bob at times during 2020.
This year, despite innumerable challenges and setbacks, a great number of new U.S.-flagged vessels made their way into service. In addition to Maid of the Mist's new electric tour boats James V. Glynn and Nikola Tesla featured Wednesday, the newbuilds highlighted below are some of the most noteworthy to come out of U.S. shipyards in 2020.DredgerU.S.
Japanese shipping company NYK Line and shipbuilder Japan Marine United Corporation (JMU) say they plan to introduce a new shipbuilding contract that guarantees propulsion performance in actual sea conditions, factoring in heavy sea states encountered by vessels at sea.Typically, shipbuilding contracts guarantee ship speed based on horsepower in calm sea conditions, without waves.
Rem Offshore and VARD signed contracts for the design and construction of construction service operations vessels (CSOV).Two CSOVs with an option for two additional vessels were ordered by Rem Offshore with VARD. Two firm contracts for the firm two vessels have an indicative total value of $118 million.
The technology group Wärtsilä has signed a Memorandum of Understanding (MOU) with Global Energy Ventures (GEV) of Australia, a company specialized in delivering compressed shipping solutions for transporting energy to regional markets. The two companies will cooperate on the inclusion of Wärtsilä propulsion systems in GEV’s compressed hydrogen (C-H2) ships. The MOU was signed in Sydney, Australia.
On May 31, the liquefied natural gas (LNG) carrier Diamond Gas Crystal, was delivered, built to transport LNG from LNG Canada project in British Columbia, as well as from other locations around the world, under an 18-year time-charter contract with Diamond Gas International Pte. Ltd., a wholly owned subsidiary of Mitsubishi Corporation (MC) who also has a stake in the LNG Canada project.
Maritime Advisors, Liengaard & Roschmann have published for the third year running its Vesselindex Performance Report, ranking the listed dry bulk companies based on their TCE performance.In a year 2020 which was characterized by a high level of volatility it is noticeable that 17 companies managed to outperform the general market as defined by the Baltic Indices. U.S.
U.S.-based Quark Expeditions has taken delivery of its new polar expedition cruise ship Ultramarine from the Brodosplit Shipyard in Croatia.The 128-meter Ultramarine has accommodations for 199 passengers in 103 cabins, plus 140 crew members. It features two twin-engine helicopters and two heliports as well as 20 quick-deploy Zodiacs for off-ship adventuring.
U.S. shipbuilder All American Marine (AAM) has been sold to family-owned Bryton Marine Group, the company announced on Friday.The aluminum vessel designer and builder will continue to operate in Bellingham, Wash. Bryton CEO Byron Bolton will assume the role of AAM CEO, and AAM's former CEO and owner Matt Mullett will serve in an advisory role.