Breaking News

October 06, 2015
Report projects OSV demand will grow 75% by end of 2020
OCTOBER 6, 2015—A new report from Mordor Intelligence projects that the offshore support vessel market will grow from $39.4 billion in 2014 to $69.34 billion by the end of 2020 at a Compound Annual Rate Rate (CAGR) of 9.88 percent. That’s...
October 06, 2015
NTSB launches go team to investigate El Faro loss
OCTOBER 6, 2015 —The National Transportation Safety Board is launching a go-team to Jacksonville, Fla., to begin an investigation into the loss of the TOTE Maritime U.S.-flag cargo ship El Faro, which was last heard from on October...
October 06, 2015
DOJ reaches settlement with BP in Deepwater Horizon spill
OCTOBER 6, 2015—In what is the largest settlement with a single entity in U.S. history, U.S. Attorney General Loretta E. Lynch announced that the Department of Justice had secured a settlement of more than $20 billion against BP to resolve...
October 06, 2015
New Eco-Ships launched at Hyundai Vinashin for d'Amico
OCTOBER 6, 2015—To remain competitive and comply with impending regulations, shipping companies worldwide are adding new energy-efficient, fuel-sipping Eco-Ships. One of these is Italy’s d’Amico International Shipping S.A, which recently...
October 05, 2015
NNS switches its steam plant from HFO to gas
OCTOBER 5, 2015 — Huntington Ingalls Industries (NYSE:HII) reports that its Newport News Shipbuilding division has completed conversion of its steam-generation plant from heavy fuel oil to natural gas, to improve safety and lower operating...
October 05, 2015
Crowley gets $130 million MSC contract
OCTOBER 5, 2015—The government services group of Crowley Maritime has been awarded a contract worth about $130 million for the technical management of five U.S. government-owned, Military Sealift Command (MSC) Roll-On/Roll-Off and container...
October 05, 2015
Bio-UV supplies skid mounted BWTS for French Navy vessels
OCTOBER 5, 2015 — French ballast water treatment system (BWTS) manufacturer Bio-UV has just supplied the Piriou Groups Concarneau shipyard with the first skid-mounted versions of its Bio-Sea 100 BWTS. They will be installed in the three B2M...
October 05, 2015
Rotterdam could get LNG Hybrid Barge
OCTOBER 5, 2015—Becker Marine Systems and KOTUG recently inked a Memorandum of Understanding (MOU) to launch a Liquefied Natural Gas (LNG) Hybrid Barge in the Port of Rotterdam by June 2017. Becker Marine Systems (BMS) operates the Hummel, a...
October 05, 2015
Coast Guard believes El Faro sank, searches for survivors
OCTOBER 5, 2015—The U.S. Coast Guard believes that the 790 ft, U.S.-flag containership El Faro sank while en route to Puerto Rico from Jacksonville, FL, during the Category 4 Hurricane Joaquin on October 1. Coast Guard spokesman CAPT Mark...
October 05, 2015
Debris field found near missing El Faro's last position
OCTOBER 5, 2015—The U.S. Coast Guard is reporting that it has located a debris field of in the vicinity of the U.S.-flag containership El Faro’s last known position 35 nautical miles northeast of Crooked Islands, Bahamas. Life jackets, life...