Yesterday, Houston-based Bleutec Industries reported that it had received a “significant equity investment” from private equity firm EnCap Investments L.P. Today, it signed a Memorandum of Understanding that provides for Wärtsilä to
Rebecca Galanopoulos Jones, senior content analyst at online ship valuation and data provider VesselsValue, has analyzed the top 10 global ship owning nations, looking into the total fleet values, S&P activity, and
Turkey’s Navtek Naval Technologies, whose credits include the world’s first all-electric tugboat, has signed an MOU with e1 Marine, the company whose methanol-to-hydrogen technology is a key element of Maritime Partners Hydrogen
BMT has added a new 32-meter offshore wind crew transfer vessel (CTV) design to its portfolio that includes a fully hybrid propulsion option. A number of BMT-designed hybrid vessels are already in
The National Oceanic and Atmospheric Administration (NOAA) has awarded Bellingham, Wash., based All American Marine (AAM) a contract to build a research vessel for the NOAA Gray’s Reef National Marine Sanctuary (GRNMS),
Damen Shipyards, Caterpillar Inc and Pon Power have signed a Memorandum of Understanding (MoU) on the joint development of a series of dual-fuel methanol/diesel powered tugs. This follows Damen’s recent delivery of
Plans to make the world’s first methanol/hydrogen fuel cell-powered towboat — Hydrogen One —a reality are moving forward. The vessel will be powered by hydrogen generated from methanol and Maritime Partners, which
Bangladesh’s Khulna Shipyard Ltd has awarded Fincantieri subsidiary Vard Marine Inc. a contract to design a 70 meter Landing Craft Tank (LCT). The design contract was signed in October 2022 and work
What’s the value of a 2016-built, 150,695 gt cruise ship from a top shipbuilder these days? We should get some answers after the conclusion of the Singapore Sheriff’s sale of the World
A new Direct Trunk Support (DTS) system for rudders launched by Kongsberg Maritime transfers the maneuvering forces from the rudder through the headbox and the steering gear deck directly into the hull