High prices for scrap steel are making it more and more favorable for MARAD to dispose of its aging fleet. MARAD has recently sold the GULF MERCHANT, KALAMAZOO, NITRO, TRUCKEE, and THE RIGEL to scrap companies. This also comes as MARAD announces the commencement of environmental impact studies at its reserve fleet locations.
The IMO estimates there are 1.5 million seafarers worldwide, and this is the day we pay tribute to them all. The 25th of June has been designated by the IMO and it’s member states as “The Day of the Seafarer” as a means to pay tribute to the world’s estimated 1.5 million seafarers for the unique [...]
The U.S. Coast Guard has issued a Marine Safety Alert reminding operators of barges and tank vessels to ensure tank high velocity vent valves and vacuum valves or combination pressure/vacuum valves are maintained in proper operating condition at all times. This follows a recent marine casualty on board a chemical/oil product tanker in which a cargo tank was over [...]
