The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today imposed sanctions on three entities and identified as blocked property three vessels that used Price Cap Coalition service providers
Zero-emission ferry developer SWITCH Maritime LLC has raised $10 million in a Series A round led by Nexus Development Capital to grow its fleet of battery and hydrogen fuel cell powered vessels.
Austal USA yesterday celebrated the official start of construction on the future USNS Billy Frank, Jr., the Navy’s eleventh Towing, Salvage and Rescue Ship (T-ATS 11), with a keel laying ceremony at
The U.S. Army Corps of Engineers, St. Paul District, is closing four of its locks and dams in early December for maintenance. The closures will officially end the 2023 navigation season on
“We are cautiously optimistic about the future of our vessel construction segment due to recent backlog additions for repeat builds in the ferry and barge markets for repeat customers,” said Johnny Conrad,
The U.S. Court of Appeals for the Fifth Circuit has issued an order dismissing an appeal against a GoM oil and gas lease preliminary injunction. As we reported earlier, the Bureau of
Wärtsilä has brought to market the marine sector’s first four-stroke engine based solution for ammonia fuel. It is now commercially available as part of the Wärtsilä 25 engine platform, which was launched
Guilford, Conn., headquartered American Cruise Lines reports that its second Coastal Cat, American Glory, has passed its sea trials with flying colors. American Cruise Lines accepted delivery of the 100-passenger small ship
Ballard Power Systems and Chart Industries have been selected by Glosten and Siemens Energy to provide the fuel cells and hydrogen storage system for what is slated to be the first hydrogen-hybrid
While monopile foundations are the most commonly used foundation solution for offshore wind turbines, where site conditions do not favor them, suction bucket foundations offer an attractive alternative. Ørsted has opted to