Author: Nick Blenkey

FMD is launching its Defense Accelerator program
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FMD launches defense accelerator program

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has launched the FM Defense Accelerator program to identify and nurture emerging technologies with mission-critical applications for the future of maritime

Idwal CEO

Idwal under new ownership

Cardiff, Wales, based vessel inspection specialist Idwal Marine Services has become a portfolio company of LDC, the private equity arm of the U.K.’s Lloyds Banking Group. With an extensive surveyor network, Idwal

New Terntank vessels will have suction sails and methanol dual fuel engines

Neste charters Terntank newbuild duo

Finnish refiner Neste has signed an agreement to time charter in two low-emission 15,000 dwt products tankers with foldable suction sails and methanol dual fuel engines. Designed by Kongsberg, the vessels were

Kellie Chouest seen at work with Navy ship in the Caribbean

Chouest affiliate awarded $70.2 million MSC contract

Edison Chouest Offshore affiliated Alpha Marine Services LLC, Cut Off, La., has been awarded a $70,285,321 firm-fixed-price contract with reimbursable elements (N3220523C4150) for long-term charter of one U.S. flagged offshore support ship,