Gladding-Hearn Shipbuilding, Duclos Corporation, has delivered a new pilot boat to the Lake Pilots in Port Huron, Mich., by road transport. The Resilient Class high-speed launch is the pilots’ third boat built
CIT, a division of First Citizens Bank, today announced that its Maritime Finance business provided $80 million to refinance two Korean-built containerships operated by Seamax Capital. Founded in 2012 to make investments
TOTE Services and Philly Shipyard yesterday celebrated the cutting of steel for the third National Security Multi-Mission Vessel (NSMV), which is set for delivery to Maine Maritime Academy by the end of
The Drax Group, whose U.K. power stations generate electricity using wood pellets produced from sustainable low-value commercial forestry residues, is also a major supplier of those pellets worldwide. Now it is looking
A Japanese project aimed at trialing an ammonia-fueled tugboat — the A-Tug — in the port of Yokohama by FY2024 has reached an important milestone. It has now gained an Approval in
Mobile, Ala., based Austal USA today celebrated the start of construction on its first steel ship: a U.S. Navy Navajo Class Towing, Salvage, and Rescue Ship (T-ATS 11). The milestone was observed
Rhode Island Gov. Dan McKee has signed into law legislation that seeks to expand the state’s offshore wind energy resources. The new law requires a market-competitive procurement for between 600 and 1,000
Trieste, Italy, headquartered Fincantieri has signed a contract for the construction of a new ultra-luxury cruise ship with what it describes only as “an international customer.” The ship is to be delivered
Huntington Ingalls Industries (NYSE: HII) reports that its Newport News Shipbuilding division has reached a significant milestone in the compartment and systems construction of aircraft carrier John F. Kennedy (CVN 79). The
Netherlands-based C-Job Naval Architects is to develop the design for Greece’s first full-electric RoPax ferry. The 800-passenger vessel is being designed for Saronic Ferries, which, with a five-vessel fleet, is the largest