Offshore drilling contractors Transocean Ltd (NYSE: RIG) and Valaris Limited (NYSE: VAL) have signed a definitive agreement to combine the two companies under a deal that will see Transocean acquire Valaris in
Is the trend to ever-larger containerships slowing? A.P. Moller – Maersk (Maersk) has placed an order for eight large containerships with China’s New Times Shipbuilding Co. Ltd. All eight will have the
Paris-headquartered Antin Infrastructure Partners has reached an agreement to acquire Portland, Oregon-headquartered Vigor Marine Group from an affiliate of Lone Star Funds. Antin says that it will partner with Vigor Marine Group
The U.S. Department of Labor has published new guidance for calculating the amount of securitization required by insurers writing policies under the Longshore and Harbor Workers’ Compensation Act (LHWCA). The department says
Santiago, Chile-headquartered SAAM Towage has taken delivery of a new high-performance tug from Turkey’s Sanmar Shipyards. Named SAAM Guanay. the new Boğaçay Class vessel, is based on Robert Allan Ltd.’s RAmparts 2400SX
Since entering service in 2021, the polar research vessel RRS Sir David Attenborough has been equipped with navigation systems from Anschütz. As part of a recent refit, Anschütz has now supplied the
The cost of creating smart vessels has fallen dramatically in recent years, making digitalization a financially viable and operationally compelling option for shipowners and managers, according to Columbia Group. Speaking at a
Kongsberg Maritime has been contracted to design and equip four 15,600 dwt methanol/ethanol-ready handy size product tankers for Petrobras subsidiary Transpetro. The contract with Kongsberg Maritime has been placed by the shipbuilder:
Sponsored Content: Three years out from its separation from ABB, Accelleron has taken a century of turbocharging expertise and reshaped it into a focused, independent organization built around service, technology, and customer
Auckland, New Zealand, has taken another step forward in its transition to a cleaner, faster ferry network with Auckland Transport’s first 300-seat (F360 300) plug-in hybrid electric fast ferry performing well on