Maersk group towing operator Svitzer has reached an agreement that will see Vancouver, B.C., based naval architecture firm Robert Allan Ltd., to design the world’s first harbor tug to be powered by
Norwegian offshore wind service specialist Edda Wind, which is owned on a 50/50 basis by Wilhelmsen New Energy AS and Østensjø Wind AS, today announced it had launched its long expected Oslo
Mobile satellite communications giant Inmarsat is set to be acquired by Carlsbad, Calif., based Viasat Inc., (NASDAQ: VSAT) under a definitive agreement announced today. The news comes two years after U.K.-based Inmarsat
Sarah Scherer has been named as vice president of Pacific Coast operations at the Washington, D.C., headquartered Transportation Institute (TI). Her appointment follows the retirement of Richard Berkowitz, who served as an
CIT Group Inc. (NYSE: CIT) today reports that its Maritime Finance business has arranged to provide up to $58 million to refinance four containerships operated by Leonhardt & Blumberg. The financing includes
The National Transportation Safety Board issued Marine Accident Brief 21/21 Thursday for its investigation of the Jan. 14, 2020, fatal collision between the 37,395 dwt Odfjell managed chemical tanker Bow Fortune and
Another day at the COP26 conference and another signal that the pressure is on shipping to decarbonize—with, or without, IMO beefing up its GHG reduction targets. Shipping is a key focus area
The disclosures of rape and sexual assault made by the female U.S. Merchant Marine Academy cadet now known as “Midshipman X” underline the urgent need for action to eliminate violence in the
China’s Guangzhou Shipyard International (GSI), has just launched the Stena Pro Patria, the first of three 49,900 dwt methanol dual-fuel MR tankers on order for the Proman Stena Bulk joint venture. Construction
The U.S. is one of 14 countries signatory to a Declaration on Zero Emission Shipping by 2050 released at the COP26 conference in Glasgow yesterday. Interestingly, as well as countries such as