KOTUG International B.V. said today that it has concluded the acquisition of Kotug Seabulk Maritime LLC (KSM), taking full ownership of the business. KOTUG has acquired the interest held by its joint
New York Gov. Kathy Hochul looks to have notched up two more successes in her efforts to get New York State offshore wind back on track. Today she announced that the state
Secretary of the Navy Carlos Del Toro has been meeting with top South Korean shipbuilding executives and making the case for them to create American subsidiaries and invest in integrated U.S. commercial
Seattle, Wash., headquartered Centerline Logistics has acquired JMB Shipping, a maritime asset holding company that owns a fleet of Jones Act vessels including liquid tank barges and tugboats. Previously, Centerline leased and
The California Air Resources Board (CARB) continues to get push back on a commercial harbor craft (CHC) regulation slammed as “unworkable” and “deeply flawed” by the American Waterways Operators (AWO), even before
After SOVs and CSOVs, here comes a new category of offshore wind service vessel. ClassNK has awarded an approval in principle (AiP) for the design of a multi-functional floating offshore wind farm
VesselsValue has unveiled its list of this year’s top 10 shipowning nations, based on the total asset values of vessels and their country of beneficial ownership. Rebecca Galanopoulos-Jones, senior content analyst, Veson
RMS Titanic Inc., the company that holds the salvage rights to the RMS Titanic wreck, has selected Edison Chouest Offshore associate C-Innovation to support its 2024 imaging and research expedition. Scheduled for
As Houthi attacks on merchant ships continue with a seemingly abundant supply of Iranian weaponry, sanctions announced today by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), in
The U.S. Coast Guard will launch a new merchant mariner credential (MMC) on March 1, 2024. The agency is replacing the MMC passport-style booklet (“Red Book”) with a new, certificate size, one