New York City based global alternative investment powerhouse Cerberus Capital Management and South Korean shipbuilding giant HD Hyundai have partnered to launch Cerberus Maritime. Cerberus Maritime’s strategy is aligned with the U.S.
Blue Water Autonomy, a Boston-based technology and shipbuilding company designing and building highly producible unmanned ships for the U.S. Navy, announced today $50 million in Series A funding led by GV. All
The Port of Iberia marked the christening last month of the Creole King, a barge-mounted stevedoring crane that officials say will expand cargo-handling capacity and improve efficiency along the Gulf Coast. The
Portland, Ore.-headquartered Vigor Marine Group (VMG) and South Korean shipbuilding giant Samsung Heavy Industries (SHI) have formed a strategic partnership. The collaboration will bring expanded forward-deployedMRO (maintenance, repair, and overhaul (MRO) capacity
Turku, Finland-headquartered Elomatic has successfully completed the installation of its patented Elogrid tunnel thruster technology on the 10,000 GT special purpose research vessel, Meteor IV. The vessel is being buikt by a
SAFE Boats International has been awarded a contract to build a new fireboat for the City of Bremerton Fire Department, where SAFE Boats is headquartered. The new vessel will be a custom-built
Marine Log’s 38th annual FERRIES Conference, taking place November 4–5, 2025 in Jersey City, N.J., will feature a standout session highlighting nearly two decades of hybrid-electric ferry operations and their influence on
Ørsted reports that on August 22, its subsidiary, Revolution Wind LLC, a 50/50 joint venture with Global Infrastructure Partner’s Skyborn Renewables, received an order instructing the project to stop activities on the
The Coast Guard Investigative Service (CGIS) arrested the captain of the Liberian-flagged 8,814 TEU containership MSC Jubilee IX for suspicion of operating the vessel while intoxicated following a boarding at Terminal 5
While the hull of Davie’s first Polar Max heavy icebreaker is being constructed in Finland, the vessel will be completed in Canada and that has landed Le Groupe ALMACO a CAD 105