Bouchard Transportation Co. reports all back pay has been processed as the company continues to work to raise capital that would allow it to return its vessels to service, the company's president and CEO Morton S. Bouchard III said Tuesday in a letter to staff, customers and vendors.The full letter is below:To Bouchard Transportation Co., Inc.
A real estate development company is looking for a U.S. city to become the new home for one of America's most historic ocean liners.Having reached a deal with the ship’s nonprofit owner last year, RXR Realty has been developing a plan to restore the famed SS United States and this week issued a Request for Expressions of Interest (RFEI) seeking a permanent waterfront location where America’s
A World War II era submarine sunk during a Cold War training exercise off the shores of Hawaii more than six decades ago has been discovered by a team of ocean explorers utilizing pioneering robotics and methods at the forefront of today's underwater technology.USS Stickleback (SS 415), lost in nearly 11,000 feet of water 62 years ago
The end of the 2019 saw some unprecedented funding measure pass through Congress and signed into law by President Trump. The Gulf and East Coast have continued to receive significant funding to help deepen and widen navigational channels and gateways. One of the projects passed into law included the Gulf Coast Regional Demonstration Project.
Malaysian oil and gas company Petronas named its second floating liquefied natural gas (LNG) facility, the PFLNG Dua, in a ceremony in Geoje, South Korea.The floating LNG facility is designed to extract gas from deepwater gas reservoirs in depths up to 1,500 meters.With PFLNG Dua, the national oil and gas company of Malaysia owns and operates two floating LNG facilities
As the 90th anniversary of Robert Allan Ltd. approaches it is quite timely to address the development of Robert Allan’s designs as the years passed by and technology changed.When the first Robert Allan came out to Canada at the end of the First War he was a trained naval architect experienced in the design of rivetted steel ships.
The Arleigh Burke-class guided-missile destroyer USS John S. McCain (DDG 56) completed her necessary repairs and extensive, accelerated upgrades over the last two years, following a fatal 2017 collision.The ship and her crew, now underway to conduct comprehensive at sea testing, will perform a series of demonstrations to evaluate onboard systems to ensure they meet or exceed Navy performance
General Dynamics (NYSE: GD) appointed General Dynamics NASSCO president Kevin Graney as president of General Dynamics Electric Boat, effective October 1. David J. Carver, NASSCO’s vice president and general manager of repair, will succeed Graney as president of General Dynamics NASSCO. Jeffrey S. Geiger, who has served as president of Electric Boat since 2013, will retire effective September 30.
Insufficient Training, Inadequate Bridge Operating Procedures, Lack of Operational Oversight Led to Fatal Ship Collision. The National Transportation Safety Board said Monday that the Aug. 21, 2017, collision between the USS John S McCain and the tanker Alnic MC was caused by insufficient training, inadequate bridge operating procedures and a lack of operational oversight.
Iran's Revolutionary Guards said on Friday they had captured a British-flagged oil tanker in the Gulf after Britain seized an Iranian vessel earlier this month, further raising tensions along a vital international oil shipping route.Britain said it was urgently seeking information about the Stena Impero after the tanker, which had been heading to a port in Saudi Arabia
Newbuild MarketUnsurprisingly, across the offshore sectors, newbuild orders have been scarce to none. Oversupply is still a major problem for the industry and due to slippage, ordering vessels now would be counterproductive. Why order brand new vessels from a yard and wait several years for these to be delivered
When enough to meet the need is not enough to get the help.From my office window in downtown St. Louis, I can see a dramatic illustration of the inefficiency in how our country moves freight. My office faces east, and I look down on a stretch of Interstate 70, that major east-west highway that runs from Baltimore to Interstate 15 in Utah.