![Great Ships [ of 2020 ]: Island Victory, the Most Powerful (& green) Multi-Purpose OSV Ever](https://images.marinelink.com/images/maritime/w300h300c/photos-island-offshoredroneinfo-118953.jpg)
Norway’s Island Offshore broke free from the enforced conservatism of the E&P sector, adding not just a new ship to its fleet, but one that re-writes the rulebook in capabilities, technology and despite its size and power, environmental credentials.Simply put, Island Offshore’s new deep water installation Vessel ‘Island Victory’ is the most powerful multi-purpose offshore vessel ever built; a
Sovcomflot plans to raise at least $500 million in an initial public offering (IPO) on the Moscow Exchange, Russia’s top shipping company said on Tuesday, in a deal that could value it at roughly $10 billion according to sources.The move by the state-controlled firm comes as Russian airline Aeroflot also plans to raise capital in a secondary public offering (SPO).
U.S. Coast Guard air and surface rescue crews at Sector San Juan responded and assisted the distressed M/V Island Express Wednesday afternoon, after the ship started taking on water when it departed the Port of San Juan for storm avoidance in anticipation of Tropical Cyclone 9.The M/V Island Express, a Cyprus flagged 412-foot ro-ro cargo ship
Eastern Shipbuilding Group, Inc. (ESG) launched the second of three new Staten Island “Ollis Class” Ferries for the City of New York Department of Transportation (NYCDOT) Staten Island Ferry Division. The Sandy Ground was launched Friday at Eastern’s Allanton facility in Panama City, Fla.
Fincantieri Bay Shipbuilding has delivered a new, year-round passenger/vehicle ferry, Madonna, for service to the Washington Island community across the Death’s Door Passage between the Bay of Green Bay and Lake Michigan.At 124 feet in length, 40 feet in beam and 9 feet in draft, and with capacity for up to 28 vehicles and 150 passengers
Canadian ferry operator BC Ferries said its newest vessel, Island Aurora, officially entered service Thursday on the Port McNeill - Alert Bay - Sointula (Vancouver Island-Cormorant Island-Malcolm Island) route. This follows last week’s start of service for sister vessel Island Discovery on the Texada Island-Powell River run.
The combination of the coronavirus pandemic and oil price freefall have affected most maritime markets, including inland waterway shipping. Looking at U.S. river transport in particular, the impacts of these two black swan events vary greatly depending on the type of cargo being carried.David Grzebinski, CEO of the America’s largest tank barge operator, Kirby Corp.
While facing the same challenging market conditions as offshore vessel owners and service companies worldwide, Norway’s Island Offshore recently broke free from the enforced conservatism of the E&P sector, by adding not just a new ship to its fleet, but one that re-writes the rulebook in capabilities, technology and despite its size and power, environmental credentials.
Vietnam has lodged an official protest with China following the sinking of a Vietnamese fishing boat it said had been rammed by a Chinese maritime surveillance vessel near islands in the disputed South China Sea.The Vietnamese fishing vessel, with eight fishermen onboard, was fishing near the Paracel Islands on Thursday when it was rammed and sunk by the Chinese vessel
It takes a thick skin to live in New York City, let alone to run its Staten Island Ferry service. James C. DeSimone, Deputy Commissioner, Ferry Division, New York City Department of Transportation, has been charged with running the ferry service for the last 16 years. We met with him for his insights on the challenges of keeping the iconic ferry running safely and efficiently.
Barry Parker, contributor to Maritime Reporter & Engineering News and MarineNews magazines, is – like many people around the world – sequestered and working from home. He is our designated “ship spotter” for the day.In the maritime business, most of us have been adept at working from home (or from remote locations).
Island Offshore took delivery of Island Victory, a new offshore installation vessel, at VARD Langsten today (Friday, February 7, 2020).Upon delivery the vessel will head straight into operation, spending a couple of weeks in the spot market, before commencing a series of contracts – in the Barents Sea and the Gulf of Mexico – securing work for the vessel potentially throughout October this year.