Golden Ray & the Billion Dollar Blunder — Tallying the Cost

We recently posted about the NTSB determination that the car carrier Golden Ray capsized due to an error in a stability calculation prior to sailing. Now as the salvage operation is wrapping up and the costs are being tallied, the … Continue reading

NTSB Determines Inaccurate Stability Calculations Caused Capsizing of Golden Ray

The final report issued yesterday by the National Transportation Safety Board Office (NTSB) summarizes what happened on Sept. 8, 2019, when the roll-on/roll-off vehicle carrier Golden Ray capsized as it transited outbound through St. Simons Sound near Brunswick, Georgia. ​​Less … Continue reading

Update: Golden Ray Salvors Consider Using Explosives to Cut Steel

The salvors attempting to cut up the shipwreck of the car-carrier Golden Ray have run into new problems. For the last seven months, the salvors have attempted to cut the ship up using a heavy-lift catamaran VB-10,000, nicknamed the “Golden … Continue reading

Update: Facing Hurricanes, Removal of Car Carrier Golden Ray Delayed by Coronavirus

The removal of the capsized car carrier Golden Ray is being delayed by the coronavirus. We recently posted about the VB-10,000, nicknamed the “Golden Arches,” the largest heavy-lift vessel ever built in the United States, that was getting ready to … Continue reading

Versabar’s VB-10,000, Golden Arches, Readies to Lift Golden Ray

In September 2019, the car carrier Golden Ray lost stability and partially capsized as it departed the Port of Brunswick, GA, carrying about 4,200 vehicles. In October 2019, the Golden Ray was declared a total loss, and it was announced … Continue reading