Coast Guard responds to capsized tug
August 28, 2014—Shortly after 7 p.m yesterday., two crew members on board the 57-ft Calumet River Fleeting tug Bonnie G. Selvick attempted to turn the vessel around while transiting south on the Calumet River. During the process, the vessel rolled over, began taking on water and sank within minutes. The two crew members escaped and swam to shore.
Wärtsilä signs maintenance agreement with Harvey Gulf
The agreement ensures that the engines—18 Wärtsilä 34 dual-fuel engines and eight Wärtsilä 32 engines—always run at the optimal level, with optimized fuel economy and maintenance costs.
New Norderney ferry to have Voith Schneider Propellers
The four type 16R5 EC/100-1 Voith Schneider Propellers used ensure excellent maneuvering and propulsion characteristics even in the very shallow Wadden Sea.
Textron awarded $21.9 million LCAC contract mod
Textron will construct the Landing Craft, Air Cushion (LCAC) 101 for the ship-to-shore connector (SSC) program—the program is the functional replacement for the existing fleet of LCAC vehicles.
KKR and Borealis acquire nine containerships
In 2013, KKR and Borealis Maritime formed a joint venture named Embarcadero Maritime to invest in distressed shipping assets—and since its formation, the JV has acquired 27 vessels in 9 separate transactions.