Bollinger Shipyards LLC today made a number of leadership announcements following its recent acquisition of Bollinger Mississippi Shipbuilding (BMS) and Bollinger Mississippi Repair (BMR), formerly VT Halter Marine and STEHMO. Notably, all
CMB Group’s offshore personnel transfer subsidiary Windcat has placed an order for the construction of a series of hydrogen-powered Commissioning Service Operation Vessels (CSOVs), with Damen Shipyards. The “Elevation Series” CSOVs have
When we last reported on Norwegian offshore services provider DOF ASA, it appeared that the company was headed for either a forced restructuring under the Norwegian Reconstruction Act, or bankruptcy. Which of
BAR Technologies’ WindWings solid sails have received a lot of media attention as ship operators increasingly eye retrofits of wind assisted propulsion as a means of reducing carbon emissions. Now BAR Technologies
Wärtsilä has entered into a joint development agreement with Hycamite TCD Technologies, a privately-owned Finnish company developing a technology for producing clean hydrogen and solid carbon from methane. The agreement will see
The big news from Honolulu-headquartered Matson, Inc.(NYSE: MATX) at the beginning of this month was that it had placed a $1 billion order for three LNG-fueled Aloha-class containerships at Philly Shipyard. Those
Chinese shipbuilder COSCO Shipping Heavy Industry (Yangzhou) Co. is to equip 10 COSCO Shipping Corporation containerships with ABB permanent magnet shaft generator systems. Due for delivery by the end of 2025, the
Seapeak LLC reports that it has entered into shipbuilding contracts for the construction of five 174,000-cubic meter M-type (ME-GA propulsion) LNG carrier newbuildings. They are to be constructed by Samsung Heavy Industries
Central Command has now released details and imagery substantiating its findings that an Iranian drone was the “projectile” that struck a product tanker managed by Idan Ofer’s Eastern Pacific Shipping on November
Fire and explosion incidents cause the most expensive insurance claims in the marine industry, while at a time of rising exposures and inflation, cargo damage is the most frequent cause of loss,