This video was filmed in 2012 after the tugboat Miss Stacy became pinned broadside against a construction barge at the Memorial Bridge in Portsmouth, N.H.. According to onlookers, the Miss Stacey was pinned for about 20 minutes before the larger tug Eugene Moran arrived and was able pull it to safety.
The accident has been attributed to a strong current and a Captain who was unfamiliar with the area, exacerbated by an open hatch on deck that partially flooded the tug. No negligence was determined.
For those of you on the lower Mississippi River in the coming days, be sure to watch out for strong currents as the midwest floods are headed your way. Check the USCG website for a current list of closures, restrictions and advisories.
Venture Global's loss in a massive arbitration case with BP is a black eye for the wider U.S. LNG industry, whose breakneck growth looks set to contribute to a global supply glut and far more headaches for investors.
Hanwha Ocean has successfully completed the world’s first ship-to-ship (STS) transfer of liquefied natural gas between vessels undergoing sea trials. The innovative procedure eliminates the traditional requirement for LNG carriers...
Malaysia's MMC Port Holdings has decided to postpone its planned initial public offering to next year so that it can include its full-year 2025 financial results, two sources with knowledge of the matter told Reuters on Tuesday.
October 7, 2025
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