Austal confirms getting a takeover offer from Hanwha Ocean
Rumors that Australian shipbuilder Austal Limited (ASX:ASB) was the target of a takeover bid have been circulating since last July. Now, it seems, there’s some truth in one of them. In an
Author: Nick Blenkey
Ørsted submits proposal for new Starboard Wind offshore wind farm
Ørsted has submitted a proposal for a new 1,184 MW offshore wind farm, called Starboard Wind, to Connecticut’s Department of Energy and Environmental Protection. It would use the New London State Pier
Morgan Stanley unit invests in Pasha Group
Morgan Stanley Investment Management reports that, through investment funds managed by Morgan Stanley Infrastructure Partners (MSIP), it has provided an unsecured term loan to the Hawaii-based Pasha Group, whose largest segment is
VIDEO: Work starts on Baltimore temporary alternate channel
As the first pieces of Baltimore’s collapsed Francis Scott Key bridge began to be removed, the Coast Guard Captain of the Port (COTP) is preparing to establish a temporary alternate channel on
ABS leads innovative BlueBARGE cold ironing project
ABS is leading the BlueBARGE Project. Funded by the Horizon Europe program, it involves 14 partners from 10 European countries and is developing and testing a new way for ships docked in
Unified Command releases update on Baltimore bridge collapse response
As the Unified Command set up in response to the collapse of Baltimore’s Francis Scott Key Bridge continued its efforts, news came that the bodies of two workers killed in the incident
Seaspan wins key Multi-Purpose Vessel contracts
Moving into the next stages of procuring the first flight of Multi-Purpose Vessels (MPVs) for the Canadian Coast Guard, Public Services and Procurement Canada has awarded Seaspan’s Vancouver Shipyards Co. Ltd. two
VIDEO: White House briefing on Baltimore bridge response
”It’s my intention that the federal government will pay for the entire cost of reconstructing that bridge and I expect the Congress to support my effort,” President Biden pledged yeserday as he
Fairbanks Morse Defense makes new acquisition: AMMCON
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired AMMCON Corp., a Jacksonville, Fla., based fittings and assembled components manufacturer. This is FMD’s eleventh acquisition since beginning an
Baltimore bridge disaster could have a $10 million impact on Carnival Corporation earnings
Cruise giant Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) followed yesterday’s announcement of its second newbuild order this year by reporting record first quarter earnings and all time high bookings. Still,