Ulstein: Is THOR’s Superpower Shipping’s Silver Bullet?
Shipbuilder and designer Ulstein is looking to take its revolutionary Thorium powered vessel concept from the drawing board to the deep blue sea. Is this the solution that industry, and society, have been searching for to enable a truly sustainable maritime future?Everything about the launch of ULSTEIN THOR was unexpected.The vessel concept, a 149m 3R (Replenishment, Research and Rescue) design with a Thorium Molten Salt Reactor (MSR), took the industry, and wider society, by surprise.
Treasure Hunters Return to "Ship of Gold"
A deep-ocean exploration company is seeking to recover a lucrative haul of gold aboard the shipwreck of the SS Central America, nearly 160 years after it sank off the coast of South Carolina in a 1857 hurricane. The 280-foot (85 meters) sidewheel steamship carried as much as 21 tons of gold ingots, freshly minted gold coins and raw gold from the California mines, as well as the personal wealth and belongings of its 477 passengers, most of whom were lost when the ship sank in September 1857.
Court Approves Gold Recovery from Historic Shipwreck
Deep-ocean exploration company Odyssey Marine Exploration, Inc., has been awarded the exclusive contract to conduct an archaeological excavation and recover the remaining valuable cargo from the SS Central America shipwreck located approximately 160 miles off the coast of South Carolina. The ship, which was immortalized in the best-selling book, "Ship of Gold in the Deep Blue Sea," sank in 1857 with one of the largest documented cargoes of gold ever lost at sea. Odyssey was selected for the project by Ira Owen Kane…
Obama's Title XI Policy Challenged by AFP
American Flagship Project challenges President Obama to explain why his Administration has blocked America’s entry into the $40 billion-a-year foreign-dominated cruise sector. The Obama Administration has announced a policy prohibiting the use of its Title XI ship financing program for American flag cruise ships. World City America Inc. has devoted more than fifteen years and invested $60 million in an effort to claim for the American economy and American jobs a share of the US-driven, but foreign-dominated, cruise industry.
