Arnold News

Britannia, the insurer of container ship the Dali, is working with the vessel's owner and U.S. authorities on the investigation into the collapse of Baltimore's Francis Scott Key Bridge, the insurer said on Thursday.The bridge collapsed on Tuesday after the Dali suffered a power outage and struck a pylon, causing huge disruption in the port."We are working closely with the vessel's owner and manager and the relevant U.S. authorities as part of the investigation into the casualty…

Galveston-based dredging contractor Callan Marine has been awarded a $136 million contract from Port Houston to dredge segment 1C of the Houston Ship Channel Expansion, under the port's Project 11 program.Callan will use its recently christened 32-inch cutter suction dredge, the General Arnold, among the newest, largest and most environmentally friendly cutter suction dredge in the U.S. fleet for the undertaking. The dredge features four EPA Tier 4 engines developing a combined 24…

Galveston, Texas based dredging contractor Callan Marine announced it has christened its newest cutter suction dredge (CSD), General Arnold, built by C&C Marine and Repair in Belle Chasse, La.The 32-inch CSD was ceremoniously christened in Corpus Christi, Texas, on February 20, 2024, and will immediately begin work on Phase Four of the Corpus Christi Ship Channel Improvement Project. The project will beneficially reuse 100%of the dredged material removed from the channel deepening and widening.The General Arnold is the newest, largest, and most environmentally friendly dredge in the U.S.

$2 million for Suffolk County Community College to stimulate workforce training and redevelopment. At a recent meeting of the Corporate Committee of the Long Island Council of the Navy League of the United States, US Navy Command Master Chief Joshua Sturgill who is Command Senior Enlisted Leader for Team Submarines, announced a $2 million grant for Advanced Manufacturing Scholarships supported by the Navy’s Submarine Industrial Base. The $2 million grant was awarded to Suffolk…

Galveston, Texas based Callan Marine has added a new cutter suction dredge to its fleet.The new dredge General Marshall was constructed by DSC Dredge beginning at Poplarville, Mo., and completed construction at Reserve, La., before being launched at the Kennedy Shipyard in Galveston.At 194 feet long and 41 feet wide, with an 18-inch suction and discharge diameter, General Marshall is equipped with a total of 3,005 horsepower and features advanced production automation and monitoring systems.“This is the seventh dredge to join the Callan Marine fleet…

John Ehresmann loves that the cost of shipping an ocean container from Asia to a U.S. port or buying a load of lumber has fallen back to earth.If only that were true for everything he buys — but it’s not.Some parts of his supply chain have clearly improved, said the vice president of global supply for Graco Inc, the Minneapolis-based maker of fluid handling equipment such as paint sprayers. But the complex nature of global supply chains means that companies like Graco are still struggling…

Wave energy converter developer Bombora Wave Power (Bombora) has completed tank testing of a floating foundation system suitable for the InSPIRE solution, where Bombora's mWave technology is combined with a wind turbine onto a single floating offshore platform.An adapted version of the semi-submersible INSPIRE platform, developed in partnership with TechnipFMC, underwent tank testing evaluations to confirm the system loads and dynamics at the FloWave test facility at the University of Edinburgh.Head of Loads and Modelling at Bombora…

Galveston, Texas-based dredging contractor Callan Marine announced construction is progressing on its new 32” cutter suction dredge General Arnold, with the hull recently launched and house set.Under construction at the C & C Marine and Repair shipyard in Belle Chasse, La., the General Arnold is on schedule for launch in 2023 and will join Callan Marine’s other 32” CSD, General MacArthur.At 290’ feet in length and 72’ feet wide, General Arnold will have a maximum digging depth of 97 feet and a dredge pipe diameter of 31” inches. The diesel-electric driven CSD will boast 24,000 horsepower.

Carnival Corp on Friday forecast a core profit for the current quarter, as the cruise operator returns to full operations even as decades-high inflation and surging fuel costs continue to bite.Shares of the company, which have fallen 52% this year, were up about 10% as Carnival also said it expects bookings for the whole of 2023 to be at the top end of their historical range and to benefit from higher prices."Concerning the threat of global recession, while not recession-proof…

Galveston-based Callan Marine possesses one of the youngest, most powerful dredge fleets in America. “Our oldest dredge is 11 years old, so we have a nice modern, new fleet, which really helps us in our performance,” said the company’s president, Maxie McGuire. “I’m very proud that we have one of the newest fleets in the industry.”McGuire and Callan Marine have plenty to be proud of. McGuire, a U.S. Air Force veteran with an Operation Desert Storm tour under his belt, took a job with the U.S. Army Corps of Engineers after discharge before eventually finding his way into the private sector.

Carnival Corporation & plc, the world's largest cruise company, announced its current Chief Operations Officer Josh Weinstein will assume the role of President and CEO of Carnival Corporation & plc, effective August 1, succeeding Arnold Donald, who is being appointed Vice Chair and member of the Boards of Directors.A 20-year veteran of Carnival Corporation & plc, Weinstein has held critical senior-level roles for the company. In his most recent assignment for the past two years as Carnival Corporation & plc's Chief Operations Officer…

Galveston-based dredging and marine construction contractor Callan Marine announced the launch of its newest fleet asset, the 28-inch cutter suction dredge named General Bradley.At 341 feet in length and 52 feet wide, General Bradley will have a maximum digging depth of 60 feet and a dredge pipe diameter of 28 inches. Constructed at Halimar Shipyard in Morgan City, La., the diesel-electric driven General Bradley will be equipped with three ABC 12DZC engines that supply 9,260 horsepower combined.

Arnold W. Donald, president and CEO of Carnival Corporation & PLC, has been selected as the recipient of Seafarers’ House International Golden Compass Award for 2022. The award is given each year to those who have achieved distinction in the maritime world, those whose vocation or avocation has been the sea, or those who have ministered to or otherwise assisted seafarers.Donald grew up in the Ninth Ward in New Orleans with 27 foster brothers and sister. His parents’ generosity made a significant impact on his life.

Passengers were removed from a Mackinac Island ferry that suffered mechanical issues and went adrift in the Straits of Mackinac on Tuesday.The Star Line winter service ferry Huron had 144 passengers and four crewmembers on board when it lost steering at about 6 p.m. while on its way from Mackinac Island to St. Ignace, Mich., the U.S. Coast Guard said.Unable to deploy its anchor due to a possible mechanical or weather-related issue, the 1950s-built vessel drifted slowly in open water toward St.

A Dutch-flagged cruise ship will provide a temporary home to some 1,500 Ukrainians who fled their country in the wake of Russia's invasion.Holland America Line said its vessel Volendam will be used to accommodate Ukrainian refugees as part of an agreement announced by Netherlands and City of Rotterdam government officials. The ship will dock at Merwehaven, a cargo port on the north side of the River Maas in Rotterdam, for three months to provide a temporary home for approximately 1,500 Ukrainians, part of a larger commitment from the Netherlands to accommodate 50,000 people who fled the war in their homeland.“We are in a unique position to accommodate the immediate need for food and housing…

A federal appeals court on Wednesday revived a fight between BP, two contractors, and an insurance company over who should pay for thousands of personal injury claims brought by cleanup workers after the Deepwater Horizon explosion and fire in 2010.The 5th U.S. Circuit Court of Appeals reversed most of a lower court’s rulings for contractors National Response Corp and O’Brien’s Resource Management, and for O’Brien’s excess-liability insurer, Navigators Insurance Co.The decision was not a complete win for BP, however.

Carnival Corp.'s Princess Cruises has again pleaded guilty to violating its probation imposed as a result of its record $40 million criminal conviction for its "magic pipe" environmental crimes.The U.S. Department of Justice (DOJ) said on Tuesday that Princess failed to establish and maintain an independent internal investigative office as required after pleading guilty to felony dumping and attempted cover-up charges in April 2017. An engineer aboard the Caribbean Princess revealed…

Carnival Corp said on Friday cruise bookings for the second half of 2022 were ahead of pre-pandemic levels, in a sign the cruise operator expects a rebound in business as it restarts voyages globally.The company's U.S.-listed shares rose 3.1% to $25.48 as the Cunard cruise line owner said its core earnings will break even early next year and be above pre-pandemic levels in 2023.The cruise sector was among those most affected by the pandemic in 2020 as many ships docked at ports and anchored offshore for months…

Carnival Corp may shift home ports of its cruise ships to other parts of the world if a ban on sailing from the United States is not lifted, Chief Executive Officer Arnold Donald said on Wednesday.Cruise ships in the United States remain under a “no-sail order”, and Carnival has said recent guidelines from the U.S. Centers for Disease Control and Prevention (CDC) on resuming voyages, including ensuring all passengers are vaccinated, are “largely unworkable”.Donald said on Wednesday that Carnival was still working with the CDC on a “practical” approach to resume voyages…

The Alaska Chadux̂ Network (ACN) and the Alaska SeaLife Center (ASLC) have finalized an agreement to develop and implement a program to respond to oil spill impacted marine mammals throughout Western Alaska, the U.S. Arctic, and Prince William Sound. The Agreement includes funding from ACN for ASLC to further develop oiled marine mammal response protocols and resources. In addition, the new program will involve opportunities to train, exercise and drill with ACN responders, including ACN partners in local communities…

Cruises are renowned for their gargantuan all-you-can-eat buffets. Cruise company Carnival is stuffing its face again with a $1 billion equity raise – its third such helping after Chief Executive Arnold Donald feasted on a combined $2.5 billion in share offerings late last year. It’s not clear that Donald needs the financial calories this time round: Carnival had cash to ride out 15 months of zero sales, assuming monthly cash burn of $600 million, at the end of 2020.Despite ships remaining moored, investors can’t seem to get enough: shares are priced at a mere 3% discount to Monday’s close.

In early 2021, the somber news from the cruise sector continued. For some cruise brands, their own version of “lockdowns” will have spanned an entire year. By late January, 2021, Carnival and others were hesitantly pegging their restarts for April/May 2021, and for some markets, late summer, under a Conditional Sail Order promulgated late last year by the Centers for Disease Control and Prevention (CDC).What else to do but look ahead?In preliminary earnings guidance, Carnival Corporation (NYSE: CCL)…

Cruise operator Carnival Corp Chief Executive Arnold Donald has said that shrinking its fleet due to the pandemic will slow its full recovery until 2023, as cruise lines battle a prolonged fallout from on-board outbreaks, the Financial Times reported on Sunday.The cruise company’s full fleet might be sailing by the end of this year but with a smaller fleet it will take longer to recover to pre-crisis revenues, Donald told the newspaper in an interview.Carnival in January reported a bigger-than-expected preliminary fourth-quarter net loss as business was brought to a virtual standstill by the c