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CNBC Squawk Box February 15, 2013

Cruise ship. Following the money, some of the worlds most influential investors reveal where theyve been putting their money currently. But to russia with love, currency wars coming to moscow as g20 leaders meet there. Did liesman go . If so, its a big home coming. Squawk box begins right now. Good morning, everybody. Welcome to squawk box here on cnbc. Im becky quick along with joe kernen. Andrew ross sorkin is off today. Our guest host this morning is sir Martin Sorrell. Our top story, nightmare at sea. More than 4,000 passengers on the disabled Carnival Cruise cry oomph docked late last night. Michelle Caruso Cabrera is there on scene. Shes going to join us with more and what the means for carnival and the broader cruise industry overall. We are tracking the markets this morning. A lot of excitement fueled in large p ....

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The Swedish Club Celebrates its 150th Anniversary | Hellenic Shipping News Worldwide

The Swedish Club celebrated its 150th Anniversary in style last week, with a series of events held around the Club’s Annual General Meeting (AGM) in Gothenburg. Following the difficulties facing us all in the last few years, the Club’s members and business partners embraced the opportunity to meet face to face with friends old and . ....

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Explosives Approved for Use in Golden Ray Wreck Removal

Explosives Approved for Use in Golden Ray Wreck Removal
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Halfway Done, Georgia Shipwreck Demolition Still Months Away from Completion

Halfway Done, Georgia Shipwreck Demolition Still Months Away from Completion
Demolition of a cargo ship that overturned on the Georgia coast reached the halfway mark Monday as a towering crane lifted the vessel’s engine room section away from the rest of the shipwreck for removal by barge.
The South Korean freighter Golden Ray capsized soon after leaving the Port of Brunswick on Sept. 8, 2019. Work to remove the ship by cutting it into eight giant chunks began nearly six months ago in November.
The multi-agency command in charge of the salvage told reporters Monday the job won’t be finished any time soon. They plan to keep working well into the Atlantic hurricane season that starts June 1. ....

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Progress Reported in Golden Ray Wreck Removal But Likely Several More Months Before Completion – gCaptain

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The salvage and wreck removal of the capsized Golden Ray will continue for “several more months” in St. Simons Sound, Georgia, now more than a year and half since the car carrier ran aground with more than 4,000 vehicles inside.
The St. Simons Sound Incident Response Unified Command updated the media on the extended operation on Monday after reporting the successful separation of “Section Seven” over the weekend. Section Seven proved to be the most difficult section to cut to date due to reinforced steel surrounding the ship’s engine room.
Wreck removal personnel are now preparing the section for lifting operations by removing vehicles, moveable decks and sediment similar to earlier weight-shedding operations. Once lifted, the section will be loaded onto a barge and secured for transit to a facility at the local Mayors Point Terminal to undergo sea-fastening for an ocean transit to Louisiana. Fixed monitors and hydrographic surveys confir ....

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