Some of the biggest charterers of ships, most of whom also own ships, have sharply criticized BIMCO’s Carbon Intensity Indicator (CII) operations clause. BIMCO’s standardized charters and clauses are one of the
The recent agreement by the Furebear joint venture to construct eight 17,999 dwt LNG/LBG-fueled ice class 1A chemical & product tankers is good news for marine pump specialist Svanehøj. It has booked
Currently under construction at the Keppel AmFELS shipyard in Brownsville, Texas, Manson Construction Company’s 15,000-cubic-yard capacity, 420 foot long Frederick Paup will be the largest U.S.-flagged, self-propelled hopper dredge in the United
When is a U.S. GAAP net loss of $1.6 billion and adjusted net loss of $1.1 billion any kind of good news? When you’re Carnival Corporation & plc (NYSE/LSE: CCL) and analysts
Caterpillar Marine and Harvey, La., headquartered Jackson Offshore Operators LLC are to pilot an integrated hybrid energy solution aimed at reduction of fuel consumption and diesel exhaust emissions. The technology will be
In an update on its fourth quarter 2022 operations, America’s largest dredging contractor, Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), says that revenues and gross profit margins for the quarter are
A series of new-generation heavy lift ships includes a methanol dual fuel hybrid propulsion plant as part of German operator SAL Heavy Lift’s commitment to decarbonization. Called the Orca Class, they are
Boston-based Sea Machines Robotics Inc. has installed its new AI-ris computer vision product onboard a 270-foot U.S. Coast Guard Famous-class Medium Endurance Cutter ahead of an upcoming deployment. AI-ris uses artificial intelligence
Congressman John Garamendi (D-Calif.) has introduced the “Close Agency Loopholes to the Jones Act” bill that would close the loopholes in the Jones Act created by “letter rulings” from U.S. Customs and
Ørsted is going all in on green e-methanol and sees green fuel for shipping as a major market. Its board has taken a final investment decision (FID) on the 50,000 tonnes/year FlagshipONE
