Martin & Ottaway is celebrating its 150th anniversary this year. While maritime technology changed a lot in that period, it still relies on foundational truths. For example, maritime continues to be a very capital intensive industry. The returns on investment are often assumed to take a decade, and with cyclical ups and down, can easily… Read more »
Goodbye Goltens New York
This week is a sad week for New York Maritime. Engine repairer extraordinaire, Goltens, has announced that they will be closing their shop in Brooklyn. Goltens New York was the last classic marine engine repair shop in the port of New York. Maritime is an incredibly dynamic business and we all know that nothing stays… Read more »