Published by The Maritime Executive

Published by The Maritime Executive

Published by The Maritime Executive

Published by The Maritime Executive

Published Feb 7, 2021 1:20 PM by The Maritime Executive

Salvors have resumed operations on the third cut through the hull of the grounded ro/ro Golden Ray after a cutting chain joining link failed, interrupting progress.

A joining link used to connect the chain to the rigging's pulley system failed on Wednesday, and the chain fell down into the cutting groove in the wreck's topsides. No injuries occurred during this dynamic evolution, and no other equipment was damaged. Technicians retrieved the chain and reattached it to the cutting apparatus, and the work resumed on Thursday. Response engineers estimate that the third cut is about 50 percent complete. 

In preparation for the fourth cut, divers continue to drill drainage holes along the cutting groove line for section two, the second section inward from the bow. The drain holes allow water and sediment to escape as the section is lifted out of the water, reducing the load. 

The cutting apparatus shackle hangs below the block after the attached joining link failed during cutting operations Wednesday. St. Simons Sound Incident response photo.

An example of the type of joining link used to attach the cutting chain to the cutting apparatus. St. Simons Sound Incident response photo.

Responders retrieve the cutting chain and hoist it to the deck of the VB-10000 for inspection and reconnection to the cutting apparatus shackle. St. Simons Sound Incident response photo.

A dry dock barge assisted by the Tug Crosby Star arrives in St. Simons Sound en route to a response staging site on the East River in Brunswick, Ga. This is the second of four dry dock barges to be used to stow and transit Sections Three, Four, Five and Six of the Golden Ray wreck. St. Simons Sound Incident response photo.

Published Jul 22, 2022 7:44 PM by The Maritime Executive

Daewoo Shipbuilding & Marine Engineering Co. and the union representing subcontractors reached an agreement at the end of the day on Friday ending a 51-day strike that threatened the financial stability of South Korea’s third largest shipbuilder. Faced with mounting losses and increasing costs for steel and other materials, DSMEs’ financial condition has continued to erode with the largest shareholder suggesting that the company might need to be restructured through bankruptcy. Discussing the shipbuilder’s prospects as the strike dragged on,...

Published Jul 22, 2022 7:41 PM by The Maritime Executive

Investments for the facilities at Damen Shiprepair Curacao, the largest shipyard in the Caribbean, are expected to proceed shortly. The shipyard located on Curacao near the coast of South America is owned by the government and since 2017 has been leased to Damen. The shipyard recently undertook the first project, which was an investment of approximately $1.1 million for the overhaul of the door on one of the yard’s four dry docks. In anticipation of the approval for a broader...

Published Jul 22, 2022 6:56 PM by The Maritime Executive

As sanctions and international isolation begin to take hold for Russia's oil industry, it has begun discounting prices in order to entice new buyers in far-flung markets. But in doing so, according to market intelligence firm Vortexa, Russia has begun to compete directly with Iran and Venezuela for a limited market in undercover oil.  One of the key signs is the movement of fly-by-night tankers from the sanctioned Iranian oil trade into the previously above-board Russian oil export market. According...

Published Jul 22, 2022 6:42 PM by The Maritime Executive

The first large cruise ship bunkered with a blended marine biofuel making the latest expansion of biofuel which has drawn wide support in the commercial shipping industry. The bunkering took place with Carnival Corporation’s AIDA Cruises aboard the AIDAprima and provides a blueprint for the wider cruise sector adoption of alternative fuels. AIDA has long been the pioneer within Carnival Corporation testing made of the new concepts for alternative power and improving environmental performance. The 125,500 gross ton AIDAprima became the...

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