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Top Marine News of the Week
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COVID hits GLDD first quarter earnings
Written by Marine Log Staff
Lasse Petterson: “Our target is to have the majority of all staff and crew vaccinated in the second quarter of 2021”
Great Lakes Dredge & Dock Corporation (GLDD), the largest provider of dredging services in the U.S. reported first quarter results that included net income of $8.8 million and adjusted EBITDA of $26.8 million compared to the record first quarter of 2020 that ended with $34 million of net income and $61.4 million in adjusted
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Harvey Gulf trims board from seven to five members
Written by Nick Blenkey
Shane J. Guidry: “This agreement will further enhance the board’s alignment with its stockholders."
HGIM Corp., the parent company of Harvey Gulf International Marine, LLC, announced today that the holders of over 85% of its common stock — including Gladiator Investments, LLC, an affiliate of Shane J. Guidry; Walker Ridge Capital Management, LLC, an affiliate of the Jordan Company LP,; and certain affiliates of Black Diamond Capital Management, LLC., have entered a
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Calls Grow for Vaccine Priority for Maritime Workers
Written by Heather ErvinDecember 2021
With both the United Nations and the U.S. saying maritime workers are essential, it’s important that we ask whether those workers should be prioritized before the general, less-at-risk population. As of now, it looks as though it may be up to shipping bodies to push for national governments to make that happen.
Looking towards 2021, Crew Welfare Director Sophia Bullard at UK P&I Club recently commented on the anticipated rollout of a COVID-19 vaccine
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Buttigieg Nomination Points Way To Greener DOT
Written by Heather ErvinJanuary 2021
President-elect Joe Biden seems to have hope that Pete Buttigieg, former presidential candidate and former mayor of South Bend, Ind., could help him sell Congress on a massive job-creating investment in infrastructure that would also attempt to lessen the impact of climate change.
With Biden promising to lead an ambitious plan to combat climate change, his selection of Buttigieg as his nominee for Secretary of Transportation makes sense.
“When I think of climate change,
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Ever Given Freed, But Seafarers Still Stuck
Written by Heather Ervin
Photo Credit: Shutterstock
April 2021
A few short weeks ago, the entire world was transfixed by images of one of the largest containerships on the globe blocking the Suez Canal for six days, causing an estimated billions of dollars of expenses to the global economy.
Footage of tugs, dredges and excavators working tirelessly on the scene to free the Ever Given from the canal’s eastern wall was streamed across major news networks.
The coverage of the
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Carnival Cruise Line ships to get a new look
Written by Marine Log Staff
Carnival Magic will get the same hull livery as Mardi Gras
Following the reception given to the striking red, white and blue livery adorning its 5,200 passenger, LNG-fueled Mardi Gras , another Carnival Cruise Line ship will soon receive the dramatic hull design scheme that will become a trademark feature across the fleet as Carnival, America’s Cruise Line, prepares to celebrate its 50th birthday in 2022.
Carnival Magic will be the first ship
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SEACOR Power: Salvage ops begin
Written by Nick Blenkey…
Just one corner of SEACOR Power remains visible above water as SEACOR Eagle is staged nearby (U.S. Coast Guard photo by Petty Officer 2nd Class Brendan Freeman)
Salvage operations on the capsized lift boat SEACOR Powe r have gotten underway. Among the assets deployed is another SEACOR lift boat, the S EACOR Eagle . It is staged with gear near capsized vessel approximately seven miles off Port Fourchon, La., and
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Lack of continuous monitoring seen in $900,000 shipyard fire
Written by Nick Blenkey
A shipyard fire that broke out aboard a 1978-built dive support vessel last year was able to start and spread without notice because no one was continually monitoring the vessel while fire detectors were shut off during repairs, the National Transportation Safety Board says.
The incident involved the 163.6-foot Iron Maiden , owned by Blue Marlin LLC, which was docked at the Allied Shipyard in Larose, La., when the fire broke out, causing $900,000 in damage.
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Nichols Brothers launches fourth Foss ASD-90 tug
Written by Nick Blenkey
First vessel in the series. M/V Jame Anne (above) joined the Foss fleet in April 2020.
Set to join the Foss Maritime fleet later this month, the M.V Rachael Allen was launched by Nichols Brothers Boat Builders (NBB), Freeland, Wash., on April 29. The vessel is the final tractor tug in a series of four ASD-90 class tugs ordered from the shipyard by the Saltchuk Group.
Designed by Jensen Maritime, the 100 foot x
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Fund aims to raise $1 million for seafarers hit by India's COVID-19 crisis
Written by Marine Log Staff
New fund aims tp raise %$1 million
Leading seafarer welfare charities and shipping industry players have launched an emergency relief fund in order to support seafarers and their families devastated by the COVID-19 pandemic in India and other countries.
Seafarers have been the invisible victims of COVID-19, with hundreds of thousands marooned on vessels, for months beyond agreed contracts in some cases.
Despite signs that the crew change crisis was near
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