Singapore-headquartered Seatrium Limited has announced that it has reached an agreement to divest its AmFELS shipyard in Brownsville, Texas, to Turkey’s Karpowership, for a consideration of SGD 65 million (about US$50.1 million)
Royal Caribbean Group (NYSE: RCL) has reached a long-term framework agreement with Meyer Turku that secures the its rights to build at the yard through the next decade. It is also adding
The U.S. District Court for the District of Columbia today granted the preliminary injunction sought by Ørsted’s Revolution Wind regarding the BOEM stop-work order imposed in August. The injunction allows Revolution Wind,
Everllence, formerly MAN Energy Solutions, has entered a strategic collaboration with Hyundai Group members HD Hyundai Heavy Industries-Engine Machinery Division (HHI-EMD) and HD Hyundai Mipo Dockyard (HMD) to jointly develop a next-generation,
One of the best-known names in U.S. maritime has a new owner. Hillside, N.J.-headquartered Donjon Marine Co. LLC has been acquired by Miami-based Tallvine Partners, an independent investment advisor focused on value-add
The two hydrogen fuel cell powered short-sea containerships on order at India’s Cochin Shipyard for Rotterdam-headquartered Samskcip (see earlier story) will be fitted with Sperry Marine integrated bridge systems (IBS). The groundbreaking
A unified command is responding to the sinking of the Dominion, a 1944-built wooden former U.S. Army tug, in Bremerton Marina, Bremerton, Wash. The unified command consists of the Coast Guard and
French naval architect firm Mauric reports that construction of an innovative new wind-assisted offshore patrol vessel ordered in January has reached a major milestone. Yesterday, the first steel for the vessel was
Maritime nuclear technologies, including floating nuclear power plants and nuclear-powered merchant ships, are included in a new Technical Prosperity Deal announced yesterday by President Trump and U.K. Prime Minister Keir Starmer. The
SouthCoast Wind has become just the latest in a string of U.S. offshore wind project under threat from the Trump Administration’s offshore wind policies. The project received its final approval in December
