Ocean Infinity Completes Subsea Operations on Sunken Grande America

US-based subsea firm Ocean Infinity announced Wednesday it has completed the subsea inspection of the Grande America, which sank in the Bay of Biscay last month. Ocean Infinity previously entered into an agreement with salvage firm Ardent which entailed conducting the subsea search, inspection and operations on the wreck. The company used its fleet of Autonomous … [Read more...]

EU NAVFOR Confirms Pirate Attacks Off Somalia

Suspected pirates attacked two fishing vessels in the Indian Ocean off the coast of Somalia this week, the latest incident underscoring the continued threat to ships and crews in the Horn of Africa region.  EU NAVFOR Somalia Operation Atalanta confirmed that on April 21, the fishing vessels FV Adria and FV Txori Argi came under attack by suspected pirates … [Read more...]

Damen Reports First Annual Loss in 15 Years

Damen Shipyards Group reported a net loss of 17 million euro in 2018, marking the first that the privately owned Dutch shipbuilder has reported a loss in the last 15 years. Damen says the net loss was due to "a sustained period of difficulty" in a number of key maritime sectors, acquisitions and investments in future programs that should benefit the company. "Notably, … [Read more...]