Judges at the International Court of Justice (ICJ) on Thursday ruled they had jurisdiction over a long-running border dispute between Guyana and Venezuela, which could determine which country has rights to territory rich in oil and gas.Guyana in 2018 a...
Read more
Rare Shipments of North Sea Forties Crude Head to East Coast Refiners
U.S. and Canadian refiners have turned to North Sea "Forties" crude oil for the first time in seven years in the latest sign of changing global oil flows from Russia's invasion of Ukraine. Nearly 2.6 million barrels of the crude are set to arrive at U.S.
Read more
New Mississippi Riverboat Passes Sea Trials
The newest riverboat for the Mississippi River passed sea trials this week and is on its way to New Orleans for its inaugural season on the mighty river.American Cruise Lines announced today, that it has accepted delivery of the American Serenade…
Read more
Fincantieri Bay Shipbuilding Executive Suspended Over Criminal Fraud Allegations
Fincantieri Marine Group announced on Thursday that it has suspended the general manager of its Bay Shipbuilding shipyard in Sturgeon Bay, Wis. over recent criminal fraud charges.The U.S. Department of Justice (DOJ) recently charged Craig Perciavalle…
Read more
Interview: Jennifer Carpenter, AWO
Jennifer Carpenter has been president and CEO of The American Waterways Operators (AWO) in January 2020, but her time with the national trade association representing the inland and coastal tugboat, towboat and barge industry dates back to 1990.
Read more
DSC Dredge Promotes Laiche to VP of Engineering
Reserve, La. based dredging equipment company DSC Dredge announced it has promoted Scott Laiche to the position of Vice President of Engineering.Laiche first joined DSC’s Engineering department as a Mechanical Engineer, quickly moving up the…
Read more
Hybrid Well Boat Joins Bakkafrost’s Faroe Islands Fleet
One of the global aquaculture industry's largest well boats has recently joined Bakkafrost's Faroe Islands fleet.The 109-meter Bakkafossur was built at the Sefine Shipyard in Turkey, and it was completed and delivered to Bakkafrost in December 2022.The...
Read more
Schottel’s Largest EcoPeller Shipped
Propulsion systems manufacturer Schottel said Thursday that the largest Schottel EcoPeller ever manufactured was recently shipped from the Wismar production facility in Germany. The five-bladed SRE 700 features a propeller diameter of 3,600 mm and an i...
Read more
Western Restrictions on Russian Oil Reshuffle Global Shipping Patterns
Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictions on Russian cargoes have reshuffled global energy shipping patterns.As a result…
Read more
Nord Stream Pipeline Blasts Probe Continues, but Culprits Difficult to Determine
It will likely be difficult to determine who blew up the Nord Stream pipelines connecting Russia and Germany in the Baltic Sea last year, Sweden's prosecution authority, which is investigating the incident, said on Thursday. The Sept. 26 explosions…
Read more