Privately-owned Maxim Watermakers has become the latest company to be acquired by Beloit, Wis.-based Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline). Shreveport, La., based Maxim Watermakers is
You can’t make this stuff up. A recent Danish Marine Accident Investigation Bureau report into the October 18, 2021, grounding of the 88.6 meter long Dutch registered general cargo ship Beaumaiden near
As we noted when German shipbuilder MV Werften filed for insolvency on January 10, the move raised big questions about the future of its parent Genting Hong Kong, whose operations include Dream
Following its successful deployment of four Konecranes rail-mounted gantry (RMG) cranes at the Virginia International Gateway (VIG), the Port of Virginia has now ordered three more for its Norfolk International Terminals (NIT)
Guilford, Conn., headquartered American Cruise Lines has unveiled plans for Project Blue—a fleet 12 identical 109-passenger sister ships of catamaran design. Operating exclusively in the U.S., they will more than double current
Two new commissioning service operations vessels (CSOVs) recently ordered by Norwind Offshore will feature Kongsberg Maritime solutions. The solutions are designed to enable the operator to maximize operational windows whilst minimizing overall
The fourth largest city in North America, Toronto, is moving ahead with a plan to replace its current, aging fleet of ferry vessels with fully electric vessels. The city’s largest park, Toronto
We’re now into the cruise industry’s “Wave season,” the three-month period from January 1 to March 31 when — prior to COVID — cruise lines and travel agents historically booked the largest
The Bermuda Government’s Department of Marine and Port Services has returned to Gladding-Hearn Shipbuilding, Duclos Corporation, for a new Chesapeake Class pilot boat. The Somerset, Mass. shipyard previously built a 61-foot pilot/rescue
Crown Estate Scotland has announced the outcome of its application process for ScotWind Leasing, the first Scottish offshore wind leasing round in over a decade and the first ever since the management