Covington, La., headquartered Hornbeck Offshore Services Inc. is to complete the two multi-purpose support vessels (MPSVs) that had been at the center of its recently settled lawsuit with Gulf Island Fabrication Inc.
Though nuclear power is widely seen as a promising option for future zero-carbon ship propulsion, the new types of reactor being proposed for ships are still under development. The good news is
The Bureau of Ocean Energy Management has now set a date for Gulf of Mexico Oil and Gas Lease Sale 261. It will be held November 8, 2023. This is the sale
Canada’s Seaspan ULC has signed a memorandum of understanding (MoU) with Arlington, Va., headquartered AES Corporation (NYSE: AES) that centers on providing liquefied natural gas (LNG) bunkering services to ships transiting the
The Saverys family and John Fredriksen look to be nearing a resolution to their long running battle for control of the world’s largest NYSE-listed oil tanker operator, Euronav NV (NYSE: EURN). Both
The momentum towards methanol fueling continues to build. J.P. Morgan Global Alternative’s Global Transportation Group (JPMGTG) reports that institutional investors advised by it have concluded an order for two 49,800 dwt methanol
Gulf Island Fabrication Inc. (NASDAQ: GIFI) said today that its subsidiary Gulf Island Shipyards LLC (GIS) has resolved its lawsuit with Hornbeck Offshore Services LLC relating to the construction of two multi-purpose
The U.K. Foreign, Commonwealth & Development Office (FCDO) says that intelligence released October 4 suggests Russia may use sea mines to target civilian shipping in the Black Sea and that Russia would
A Coast Guard boat crew rescued 12 people, Wednesday morning, after they were forced to abandon the grounded cargo vessel M/V Bonnie G which was taking on water and had run aground
The British Columbia Ferry Commission today announced its final decision on the price cap for BC Ferries’ under its next four-year business plan, known as Performance Term 6. The commission will allow