Search Results for "how to buy ships"

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U.S. Couple Charged With Fraud in $28M Boatbuilding Scheme

U.S. Couple Charged With Fraud in $28M Boatbuilding Scheme

A married couple in the U.S could be staring at a long time in jail after allegedly defrauding investors out of $28 million by diverting money from an unsuccessful boatbuilding and cruise tour busines...

World's First Hydrogen-Powered Tug Arrives in Belgium for Final Tests

World's First Hydrogen-Powered Tug Arrives in Belgium for Final Tests

The world’s first hydrogen-powered tugboat arrived in Belgium on October 27 after completing construction in Spain. The installation of the vessel’s hydrogen system will be completed at the Port of Os...

OMSA: Foreign-Flagged Tug Spotted at U.S. Offshore Wind Farm [Updated]

OMSA: Foreign-Flagged Tug Spotted at U.S. Offshore Wind Farm [Updated]

The Offshore Marine Services Association (OMSA) has made a remarkable discovery: a Dutch-flagged, Dutch-owned tug has crossed the Atlantic and performed at least one job on a U.S. offshore wind farm....

UECC Sets Example with Three Multi-Fuel Battery Hybrid PCTCs

UECC Sets Example with Three Multi-Fuel Battery Hybrid PCTCs

Short-sea European transport company UECC took the opportunity this week to celebrate the naming of its new multi-fuel LNG battery hybrid vessels as it took delivery of the third of the vessels built...

MARAD Awards $703 Million in Port Development Grants for 2022

MARAD Awards $703 Million in Port Development Grants for 2022

The U.S. Maritime Administration detailed an additional $703 million in grants to improve port infrastructure and strengthen the national supply chains as part of the bipartisan infrastructure investm...

Two Former Coast Guard Employees Sentenced to Jail in Test-Fixing Case

Two Former Coast Guard Employees Sentenced to Jail in Test-Fixing Case

Two former U.S. Coast Guard employees who were the leaders in a long-running scheme to falsify licensing testing at the USCG New Orleans Regional Exam Center were sentenced to jail on October 27.  One...

U.S. Coast Guard Busts Another Tuna Boat for Jones Act Violations

U.S. Coast Guard Busts Another Tuna Boat for Jones Act Violations

The U.S. Coast Guard has busted another Jones Act tuna boat for using an American "paper captain" as a front for a foreign master.  On October 19, a Coast Guard Sector Columbia River team inspected...

COSCO Orders 12 Ultra-Large, Green Methanol Containerships for $2.9B

COSCO Orders 12 Ultra-Large, Green Methanol Containerships for $2.9B

China’s COSCO Shipping Holdings has confirmed earlier reports that it is planning a major ship expansion program announcing on October 28 that they have signed orders for 12 new 24,000 TEU containersh...

Video: Captain of Grounded Boxship Arrested on Charges of Being Drunk 

Video: Captain of Grounded Boxship Arrested on Charges of Being Drunk 

Residents of the eastern Denmark town of Fredericia have been flocking to the shoreline to see the unusual sight of a small container feeder ship aground while the police are reporting that the captai...

Crowley Wins Deal to Develop California's First Offshore Wind Terminal

Crowley Wins Deal to Develop California's First Offshore Wind Terminal

After an extensive RFP process, the Port of Humboldt Bay has signed an agreement with Crowley to negotiate terms for the development of a new wind terminal, which will support Northern California's bu...