TITANIC ΠΕΙΡΑΙΑΣ

Op-Ed: A decade of financial restructuring in maritime

By Scott C. Clarkson, United States Bankruptcy Judge, Central District of California, Santa Ana, Calif.

Over the past decade, several international shipyards, boat builders, and marine shipping companies have encountered financial difficulties due to various external challenges. Notable examples include Harland & Wolff, the historic Belfast shipyard, renowned for building the Titanic, which faced insolvency in 2019 and again in 2024.  In September 2016, South Korea’s Hanjin Shipping, then the...

https://www.marinelog.com/views/op-ed-a-decade-of-financial-restructuring-in-maritime/

Bill aims to strip foreign shipowners’ liability protections

WASHINGTON — New legislation in the U.S. House would prevent the owners of the Singapore-flagged container ship that crashed into Baltimore’s Francis Scott Key Bridge from evading liability costs related to the accident.

The Justice for Victims of Foreign Vessel Accidents Act, introduced Tuesday by Rep. John Garamendi, D-Calif., and Hank Johnson, D-Ga., seeks to increase maritime liability limits for foreign shipowners to up to 10 times the dollar value of the vessel and its cargo, versus the...

https://www.freightwaves.com/news/bill-aims-to-strip-foreign-shipowners-liability-protections

COLUMN | 2024 by the numbers: Cableships; methanol; the Nigerian Navy; BP and Equinor’s wind woes; Noble in Suriname and Colombia [Offshore Accounts]

We’ve passed Twelfth Night, so let’s look at some key numbers for the year ahead. This week’s lucky lottery numbers are 4, 10, 29, 177, and 470,000. Who is feeling lucky? Four newbuilds for wind: #1 Toyo Nature abhors a vacuum, and as Global Marine Systems, for two decades the former cablelay market leader, sinks […]

The post COLUMN | 2024 by the numbers: Cableships; methanol; the Nigerian Navy; BP and Equinor’s wind woes; Noble in Suriname and Colombia [Offshore Accounts] appeared first on Baird...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-2024-by-the-numbers-cableships-methanol-the-nigerian-navy-bp-and-equinors-wind-woes-noble-in-suriname-and-colombia-offshore-accounts/

Presumed human remains included among debris found near wreckage of Titan submersible

Marine safety engineers with the US Coast Guard’s Marine Board of Investigation (MBI) recovered and transferred remaining Titan submersible debris and evidence from the North Atlantic Ocean seafloor earlier this month, the coast guard said in a press release on Tuesday, October 10. The salvage...

https://www.bairdmaritime.com/work-boat-world/passenger-vessel-world/maritime-tourism/presumed-human-remains-included-among-debris-found-near-wreckage-of-titan-submersible/

28 Shipwrecks Found Since The Titanic

Credit: Bettmann/Bettmann Archive

Finding a shipwreck has been the stuff of fantasy for as long as people have sought opportunities beyond the horizon, says an article published on 247wallst.

Maritime archeologist

There is no shortage of wrecked vessels to find; it’s estimated that there are more than three million undiscovered shipwrecks around the world.

While explorers such as Jacques Cousteau have long stirred imaginations with underwater probes of doomed vessels, interest in shipwrecks soared...

https://mfame.guru/28-shipwrecks-found-since-the-titanic/

Edge-of-Your-Seat Ship-Sinking Movies: 10 Thrilling Picks

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Credit: IMDB

Sanika Achrekar writes for August Man on the ‘Titanic’ To ‘Life Of Pi’: 10 Ship-Sinking Movies That’ll Put You On The Edge Of Your Seats.

These movies have captivated audiences for decades

If there is one movie genre that doesn’t just offer a thrilling experience but also reminds us about the terrifying power of the ocean, it’s one that revolves around ocean disasters, specifically ship-sinking movies. These movies have captivated audiences for decades, delivering a thrilling...

https://mfame.guru/edge-of-your-seat-ship-sinking-movies-10-thrilling-picks/

US Coast Guard convenes Marine Board of Investigation into loss of Titan submersible

The US Coast Guard has convened a Marine Board of Investigation (MBI) into the loss of the Titan tourist submersible and the five people on board in the Atlantic Ocean of ..

The post US Coast Guard convenes Marine Board of Investigation into loss of Titan submersible appeared first on Baird Maritime.

https://www.bairdmaritime.com/work-boat-world/passenger-vessel-world/maritime-tourism/us-coast-guard-convenes-marine-board-of-investigation-into-loss-of-titan-submersible/

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