London-headquartered Orca AI has closed an investment of $72.5 million in Series B funding. Brighton Park Capital led the round with participation from existing investors Ankona Capital and Hyperlink Ventures. The investment
London-headquartered KPI Ocean Connect, one of the world’s largest bunker trading companies, has named Dorthe Bendtsen as its CEO, after she assumed the role on an interim basis in December 2024. With
Houston-headquartered Great Lakes Dredge & Dock Company [Nasdaq: GLDD] today reported financial results for the first quarter ended March 31, 2025. “Great Lakes had a great first quarter, with strong project performance
Bollinger Shipyards and Edison Chouest Offshore (ECO) have formed a strategic partnership called United Shipbuilding Alliance (USA). Together, Bollinger and ECO have 33 operational shipyard and fabrication facilities and the partnership is
New York Attorney General Letitia James led a coalition of 17 other attorneys general in filing a lawsuit to end the Trump administration’s arbitrary and indefinite halt on new offshore wind energy
After what CBS describes as “more than a week of oil shooting vertically out of an unused well off the coast of Louisiana,” a Unified Command, consisting of the Coast Guard and
Taiwan’s Dong Fang Offshore (DFO) has exercised an option in its most recent subsea construction vessel contract with Fincantieri’s Vard subsidiary and is adding a third commissioning service operation vessel (CSOV) to
By D. Terry Greenfield, Principal Consultant, CONSULEX The United States is embarking on one of the most ambitious shipbuilding revivals in recent history, driven by growing global maritime competition, renewed investments in
As momentum builds on Capitol Hill for a sweeping revitalization of American shipbuilding, Ted Williams, president of Rhode Island-based Senesco Marine, will take the stage at Marine Log’s Ship Repair USA with
Bureau Veritas Marine & Offshore (BV) is to participate in NAVHYS, the European research project dedicated to advancing the use of liquid hydrogen (LH2) in maritime applications. Funded by the Clean Hydrogen
