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.
A ceremony held at Fincantieri Bay Shipbuilding on Thursday marked the launch of the first U.S.-flagged Great Lakes bulk carrier to be built in nearly four decades. The 639-foot Mark W. Barker, currently under construction for Ohio-based The Interlake Steamship Company, was floated in the large drydock at the Sturgeon Bay, Wis. shipyard.
Australian oil and gas company Santos has awarded the FEED contract for the FPSO for the Dorado project offshore W. Australia to Altera Infrastructure.Located in the Bedout Sub-basin, Dorado is an oil and gas project which is planned to be developed in two phases. The initial development involves the production of oil and condensate through a wellhead platform (WHP) and FPSO.
Richard “Rick” W. Spinrad, Ph.D., an internationally renowned scientist with four decades of ocean, atmosphere, and climate science and policy expertise, was confirmed by the U.S. Senate as the under secretary of commerce for oceans and atmosphere and the 11th NOAA administrator.“As an accomplished and respected scientist, educator, communicator and executive
While the adoption of unmanned/uncrewed surfaces vessels (USVs) was initially in defence, use of these low footprint systems has spread into other sectors, not least survey, and now the race is on for greater capability, endurance and autonomy. Elaine Maslin reports.After starting small, in inland waterways, use of USVs for survey operations has moved into coastal and now offshore waters.
The deepwater market is rapidly returning to pre-COVID-19 activity levels, and the recovery appears to be gaining strength, according to a recent in-depth analysis completed by International Maritime Associates (IMA) and World Energy Reports (WER).“Lots of green shoots have appeared,” says Jim McCaul, head of IMA/WER.
Orders for production floaters have bounced back over the past month driven by rising crude prices, according to Jim McCaul, head of offshore business intelligence firm World Energy Reports.McCaul bases his assessment on data in a new floating production systems report prepared by World Energy Reports.
This week, U.S. Federal Maritime Commissioners Daniel B. Maffei and Carl W. Bentzel sent letters to the Governors of major port states urging them to prioritize the vaccination of the maritime workforce to protect the nation’s supply chain.Letters were sent to the Governors of Alabama, California, Florida, Georgia, Louisiana, Maryland, New York, New Jersey, South Carolina
The U.S. State Department this month told European companies which it suspects are helping to build Russia's Nord Stream 2 gas pipeline that they face the risk of sanctions as the outgoing Trump administration prepares a final round of punitive measures against the project, two sources said on Tuesday.
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
The first new U.S.-flagged Great Lakes bulk carrier to be built in more than 35 years was launched at Fincantieri Bay Shipbuilding in Sturgeon Bay, Wis. on December 17.Scheduled for completion in mid-2022, the Interlake Steamship Company's new River-Class, self-unloading bulk carrier Mark W. Barker is believed to be the first ship for U.S. Great Lakes service built on the Great Lakes since 1983.
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.