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23 Aug 2021
OMSA Reports Alleged Jones Act Violation in the US Gulf of Mexico
A new report from a U.S. offshore services trade group details alleged Jones Act violations by a foreign-flagged vessel in the U.S. Gulf of Mexico.The Offshore Marine Service Association (OMSA), which recently launched its Jones Act Enforcer program to document and report violations of the U.S. law requiring seaborne cargo shipped between two U.S. points to be carried by American-built, crewed, and owned vessels…
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06 Aug 2021
Petrobras Charters Solstad CSV in Brazil
Norwegian offshore service and supply ship shipping company Solstad Offshore announce it has secured a new contract for one of its construction support vessels (CSV) with Petrobras offshore Brazil. Financial details of the deal were not disclosed. The 2002-built CSV Normand Flower will be contracted with the state-owned Brazilian multinational oil and as company from April 2022 for a period of three years firm…
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15 Jul 2021
Interview: Ben Reed, Managing Director, HamiltonJet
Ben Reed is a mechanical engineer from the U.K. now leading New Zealand-based waterjet manufacturer HamiltonJet as managing director.Raised in Shropshire, Reed graduated from Loughborough University of Technology in 1995 and later became a Chartered Engineer and Fellow of the Institute of Mechanical Engineering. He’s worked for a U.K. gas utility company developing natural-gas-powered engines; Ford Motor Company as a Systems Analyst…
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02 Jul 2021
Saltchuk Makes Bid for Overseas Shipholding Group
Seattle-headquartered Saltchuk Holdings informed the U.S. Securities and Exchange Commission (SEC) that it has proposed to buy the Overseas Shipholding Group (OSG) shares it doesn't already own for $3 each, lifting shares of the Tampa, Fla.-based marine transportation company on Friday.As of June 29, Saltchuk beneficially owned 15.2 million (17.5%) of OSG's outstanding shares, Saltchuk said in the SEC filing.
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01 Jul 2021
Interview: Chris Deegan, President & Chief Executive, Gibbs & Cox
In 1985, Chris Deegan was hired out of Penn State as a nuclear submarine cost estimator by the Naval Sea Systems Command and retired nearly 28 years later as the Executive Director of PEO Integrated Warfare Systems, with the last 10 as a member of the Senior Executive Service. He’s been with Gibbs & Cox since 2013, first as the Vice President of Engineering, and as President and Chief Executive since 2016.Please give a “by the numbers” look at Gibbs & Cox today.Since our founding in 1929…
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28 Jun 2021
Metal Shark: Moving Fast Ahead
In any business, companies that achieve success must do at least one thing extraordinarily well. Shipbuilders like Metal Shark Boats are among companies that have taken their success to the next level by do a lot of things well. Government and commercial. Aluminum, steel and fiberglass. Serial and custom. Newbuild and repair. Sixteen to 300-plus feet. Patrol boats, pilot boats, fireboats, passenger ferries. Domestic and international.
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28 Jun 2021
VARD to Build World's Largest Superyacht
Norwegian shipbuilding and design group VARD announced it has secured a contract to build the world's largest superyacht.At 33,500 GRT, with a length of 222 meters and a beam of 27 meters, the $600 million superyacht Somnio was unveiled Monday as the first ever residential "yacht liner", featuring 39 luxurious apartments for a select, secret group of ultra-wealthy travelers.Captain Erik Bredhe, co-founder of Somnio, is overseeing the project.
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22 Jun 2021
Hapag-Lloyd Orders Six 23,500+ TEU Vessels
German container shipping company Hapag-Lloyd announced on Tuesday that it has placed orders for an additional six ultra large containerships amid continued strong demand in the box shipping market.The 23,500+ TEU newbuilds are in addition to six of the same size and type ordered from Korean shipbuilder Daewoo Shipbuilding & Marine Engineering at the end of 2020. The fist six vessels are scheduled for delivery in 2023…
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07 Jun 2021
Ferry Runs Aground in New York
A ferry ran aground with 118 passengers and seven crew-members aboard in Brooklyn, N.Y., on Saturday evening.Watchstanders at Coast Guard Sector New York command center received a report that the 150-foot Seastreak ferry Commodore ran aground and was taking on water in Bushwick Inlet near the Williamsburg section of Brooklyn, at approximately 4:17 p.m.The ferry, which runs routes between New York and New Jersey…
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03 Jun 2021
Martha’s Vineyard and Nantucket Ferries Hit by Cyber Attack
The operator of a ferry service to and from Nantucket, Martha's Vineyard and Woods Hole, Mass. said it was hit by a ransomware attack on Wednesday that continues…
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28 May 2021
Containership Grounds in the Suez Canal
A Singaporean flagged containership has been refloated hours after running aground in the Suez Canal, a local agency said.The 366-meter, 13,100 TEU Maersk Emerald…
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26 May 2021
Denmark to Send Frigate to Protect Shipping in the Gulf of Guinea
Danish Parliament on Tuesday approved plans to send a naval warship to boost maritime security in one of the world's top piracy hot spots. In the fall of 2021 the European country will deploy its frigate Esbern Snare to the Gulf of Guinea off Africa's west coast where it will contribute to international efforts to curb rampant piracy.As the world’s fifth largest marine nation Denmark said on average 30-40 Danish operated ships sail through the Gulf of Guinea daily…
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14 May 2021
Barge Operations Cleared to Resume on the Lower Mississippi
The U.S. Coast Guard on Friday lifted its marine traffic restrictions on a section of the lower Mississippi River that has been closed since Tuesday, clearing towboats…
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14 May 2021
A Newbuild VLOC is the First Wind-powered Bulk Carrier
Brazilian miner Vale expects to soon put into service the first-ever bulk carrier propelled partially sails, the company said on Thursday.The rotor sail-equipped newbuild, a very large ore carrier (VLOC) named Sea Zhoushan, is being built in China for owner by Pan Ocean Ship Management and will be chartered by Vale upon delivery in the coming days. Not only is Sea Zhoushan the first bulk carrier to be fitted with rotor sails…
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13 May 2021
Barge Traffic Backs Up Near Memphis Amid Mississippi River Closure
More than 700 barges are delayed on the lower Mississippi River on Thursday after a structural crack in the Hernando de Soto Bridge prompted the U.S. Coast Guard…
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12 May 2021
Vessels Queue After Mississippi River Closed Near Memphis
Towing vessels and barges are lining up near Memphis, Tenn. after a significant structural crack discovered on the I-40 Hernando de Soto Bridge bridge led the U.S. Coast Guard to halt vessel traffic in the area.At least 16 vessels with a total of 229 barges are waiting to transit in either direction after vessel traffic was restricted between mile markers 736 and 737 on the Lower Mississippi River…
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05 May 2021
Salvage Crews Begin Lightering Fuel from Seacor Power
Salvors have started removing fuel from the tanks of a lift boat that capsized in the Gulf of Mexico last month, the U.S. Coast Guard said.The 234-foot Seacor Power could have been carrying up to 35,000 gallons of fuel, lube oil, hydraulic and waste oil when it overturned in rough weather on April 13, about eight miles south of Port Fourchon, La., according to the Coast Guard. No spills have been reported.Salvage…
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05 May 2021
Castor Buys Another Bulk Carrier
Castor Maritime announced it has acquired a 2013 Japanese-built Kamsarmax dry bulk carrier for $21 million, marking the Cyprus-based shipping company's 18th vessel acquisition of 2021.Castor did not name the seller, but said it expects to take delivery of the vessel within the second quarter or beginning of the third quarter of this year.The Nasdaq-listed company has been swiftly expanding its dry bulk fleet, having bought three bulk carriers in 2020 and another 10 so far in 2021.
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03 May 2021
Castor Maritime Buys Five Tankers
Cyprus-based shipping company Castor Maritime said it has reached a deal to acquire five tankers from an unaffiliated third-party for an aggregate purchase price of $49.25 million.The vessels…
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27 Apr 2021
Responders Working to Salvage Capsized Lift Boat Seacor Power
The U.S. Coast Guard is working with the Seacor Power's owner to salvage the lift boat that capsized earlier this month in the Gulf of Mexico.A unified command including representatives from the Coast Guard and Houston-based Seacor Marine engaged in-person for the salvage and wreck removal, including the removal of fuel and oil from the overturned vessel, the Coast Guard said on Tuesday.The 234-foot Seacor Power capsized in heavy seas and winds approximately 8 miles south of Port Fourchon…