With extreme volatility in oil price, offshore operators are now more conscious of operating expenses and looking for more cost-effective transfer solutions. In response, Singapore’s ST Engineering Marine has unveiled a design
A carbon fiber composites-hulled all-electric ferry delivered by Norway’s Brødrene Aa Shipyard marks another major advance in low-emission passenger vessel technology. The 297-passenger Rygerelektra measures 42 meters in length and is capable
Kuwait Oil Tanker Company (KOTC), a subsidiary of Kuwait Petroleum Company (KPC), has contracted Wärtsilä to upgrade the performance of four of its VLCCS. The vessels’ main engines will be retrofitted with
A.P. Moller – Maersk today reported first quarter results that Danish business daily Børsen characterized as “good numbers, grim outlook.” The company reported revenues from continuing operations of $9.57 billion compared with
Dutch shipbuilder and dredging equipment specialist Royal IHC reports that it has been awarded a contract for the design and build of a water injection dredge for the North Carolina State Ports
While Esbjerg, Denmark, headquartered Esvagt is a prominent player in the offshore wind service support area, a lot of its activity still centers on support for the offshore oil & gas industry.
A report from the U.S. Government Accountability Office finds that since shifting to the Multiple Award Contract-Multi Order (MAC-MO) contracting approach for ship maintenance work in 2015, the Navy has increased competition
Laksevåg, Norway, headquartered boat launch and recovery systems specialist Vestdavit is bringing new fast craft handling capability to HMS Protector, the only U.K. Royal Navy ship dedicated to Antarctic patrol and survey
As the cruise industry looks for new passenger and crew health safeguards to help it resume operations, Miami-headquartered Tritan Software has launched SeaConsult, a new telehealth solution that will that will allow
C&C Marine and Repair’s Belle Chasse, La., shipyard last month completed the first in a series of towboats of the same design that it will deliver to Metairie, La., Maritime Partners. Named