Mokena, Ill., based Middle River Marine LLC (MRM) reports that it has acquired the assets of Kindra Lake Towing LP, of Chicago. The agreement will expand MRM’s bulk material logistic operations with
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,
The U.S. Navy’s Military Sealift Command has awarded Vigor Marine LLC., Portland, Oregon, a $20,187,816 firm-fixed-price contract for a 90-calendar day shipyard availability for a mid-term availability of the hospital ship USNS
Milan, Italy, based cable-laying giant Prysmian has returned to Fincantieri’s Norwegian-headquartered Vard subsidiary with an order contract for a 170 meter cable lay vessel. It will be very similar to the Leonardo
Coden, Ala., based Master Boat Builders, Inc. reports that it has executed a contract to build two new tugboats for New Canaan, Conn., headquartered Moran Towing Corporation. The two tugs will be
Danish-headquartered, Oslo-listed, wind turbine installation vessel specialist Cadeler A/S has placed an order for a second F-class vessel for delivery in the second half of 2026. It will take the total number
To help decision makers chart their way through the major technical and operational changes they face in achieving the CO2 reduction targets for 2030 agreed by the IMO, the International Chamber of