London-headquartered Orca AI has closed an investment of $72.5 million in Series B funding. Brighton Park Capital led the round with participation from existing investors Ankona Capital and Hyperlink Ventures. The investment
Houston-headquartered Great Lakes Dredge & Dock Company [Nasdaq: GLDD] today reported financial results for the first quarter ended March 31, 2025. “Great Lakes had a great first quarter, with strong project performance
After what CBS describes as “more than a week of oil shooting vertically out of an unused well off the coast of Louisiana,” a Unified Command, consisting of the Coast Guard and
Bureau Veritas Marine & Offshore (BV) is to participate in NAVHYS, the European research project dedicated to advancing the use of liquid hydrogen (LH2) in maritime applications. Funded by the Clean Hydrogen
Damen Shipyards Cape Town (DSCT) has delivered the South African Navy’s third of three Multi-Mission Inshore Patrol Vessel (MMIPV), P1573, at Naval Base Durban. The delivery milestone, says Damen, represents the culmination
Naval Sea Systems Command has awarded a two-ship contract modification on the existing Virginia-class submarine Block V contract to General Dynamics Electric Boat (GDEB) for the construction of two FY 2024 Virginia-class
The Coast Guard responded to a vessel collision that resulted in a barge breakaway and one sunken barge on the Lower Mississippi River near New Orleans, La., April 27. Watchstanders at Coast
Coast Guard Sector New York personnel conducted three warehouse spot checks at the Port of New York and New Jersey this week, uncovering a 60% deficiency rate in hazardous material compliance. The
High-performance shaft bearing and seal systems specialist Thordon Bearings, has added Frederiksværk, Denmark-headquartered Damzgard Mechanics to its network of authorized distributors. With a solid reputation as a supplier of mechanical engineering solutions
Miami-headquartered Royal Caribbean Group (NYSE: RCL) today reported first quarter 2025 earnings per share (EPS) of $2.70 and adjusted EPS of $2.71. The cruise giant said these results were better than its