UN buys VLCC to avert Red Sea pollution catastrophe
The FSO Safer, a decaying tanker holding four times as much oil as spilled by the Exxon Valdez is a ticking time bomb threatening a Red Sea catastrophe. Yesterday, the United Nations
Green ammonia FPSO gains DNV AiP
With green ammonia eyed as key to the energy transition, DNV has granted its approval to an innovative floating solution. An industrial scale concept, being developed by Netherland-based SwitchH2 B.V. and Norway-based
Two U.S. RO/RO operators opt for Orca AI
U.S. based ship operators, American Roll-On Roll-Off Carrier (ARC) and Liberty Maritime Corporation, are to deploy the Orca AI automated situational awareness platform across their RO/RO fleets. Liberty was one of the
NASSCO and Navantia in offshore wind MOU
GD NASSCO is eyeing its opportunities in the offshore wind sector. It has signed a Memorandum of Understanding with the Navantia Seanenergies division of Spanish state-owned shipbuilder Navantia that will see the
Fincantieri Marine Repair donates to military non-profits
At a time when many companies are cutting back on expenses in preparation for a coming recession, Jacksonville, Fla., based Fincantieri Marine Repair is doubling down on its support of U.S. military
OSG full year results exceed expectations
Tampa, Fla., headquartered U.S.-flag tanker and ATB operator Overseas Shipholding Group, Inc. (NYSE: OSG) today reported its results for the fourth quarter and full year 2022. Highlights included: “Operational and financial performance
NOIA condemns continuing offshore oil and gas leasing program delays
The National Ocean Industries Association (NOIA) is slamming foot dragging by the U.S. Department of the Interior in developing the next federal offshore oil and gas leasing program. The leasing program is
Briggs Marine orders maintenance support vessel
U.K.-based Briggs Marine has ordered a 40-meter maintenance support vessel at Vigo, Spain, based shipbuilder Freire A/S. Due to enter service in fourth quarter 2024, the vessel will enhance and expand the
Wiernicki: “Shipping pivotal to clean energy transition”
“Shipping will play a pivotal role in driving the global clean energy transition,” that was the message delivered by ABS chairman, president and CEO Christopher J. Wiernicki gave in a series of
Steerprop strengthens its Arctic market expertise
Finnish based propulsion system specialist Steerprop — whose credentials include delivering solutions for every third icebreaker in operation around the world — has appointed Tom Ekegren as its Arctic segment director. It