05 MAR 2021 Tidewater, one of the largest operators of offshore vessels servicing the oil and gas industry, is predicting that the worst of the market downturn is over and expects to see a recovery in the second half of 2021. While they believe that “supply and demand will be …
Read More »THE CONCEPT OF THE FLOATING SHIPYARD
04 MAR 2021 Shipyards are known as a land-based facility that ships steer to for docking and repair. This study represents a basic conceptual study for a new principal of developing a floating shipyard – changing the phenomena of a fixed site shipyard into a self-propelled mobile platform. This floating …
Read More »INDIA ANNOUNCES $82B PORT INFRASTRUCTURE PLAN
03 MAR 2021 India’s government has announced a long term $82 billion plan to invest in the nation’s seaports. Speaking at the Maritime India Summit on Monday, Prime Minister Narendra Modi called for massive public and private commitments to improve infrastructure for maritime trade. “As many as 574 projects at …
Read More »NIGERIA PLANS TO ADD BOATS AND AIRCRAFT TO COMBAT PIRACY
02 MAR 2021 Responding to the growing outcry over the increasing security risks for mariners in West Africa and the repeated reports of Nigerian pirates being at the center of the activity, the Nigerian government is reportedly taking actions to enhance security. The transport minister is speaking out saying his country …
Read More »ISRAEL VIEWS IRAN AS THE LIKELY ATTACKER IN CAR CARRIER EXPLOSION
01 MAR 2021 The blast-damaged ro/ro Helios Ray has arrived at Dubai’s Port Rashid, awaiting repairs and a thorough examination by security experts. On February 25, the Bahamian-flagged car carrier Helios Ray was transiting the Gulf of Oman about 45 nm northwest of Muscat when she experienced a series of explosions. The vessel had …
Read More »CUTTING CHAIN FAILURE FORCES GOLDEN RAY SALVORS TO SHIFT EFFORTS
28 FEB 2021 Shortly after restarting operations on the third cut through the hull of the wrecked ro/ro Golden Ray, salvors have been forced to stop work again and shift to the next section due to another broken chain link. On Friday, the 31st day of work on the third cut, a link …
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