America’s largest provider of dredging services Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD) reported first quarter 2023 results that included a total operating loss of $0.9 million, a net loss of
With methanol fueling gaining momentum, most of the focus has been on large two-stroke engines, but interest in methanol-fueled four-strokes is growing and classification society, RINA has now granted an Approval in
First Citizens Bank reports that its Maritime Finance group, part of its CIT division, has provided financing to Purus Clean Energy, a subsidiary of Purus Marine, to support the acquisition of the
Westerly, R.I., based community bank The Washington Trust Company reports that it has made a significant commercial loan to Reinauer Group company WindServe Marine, LLC. The funding will enable WindServe to construct
A concept design for a 2,500-cubic-meter hopper dredge is the first Damen concept vessel to gain Bureau Veritas (BV) certification using 3D model-based classification approval (3D MBA). Following this successful implementation of
The U.S. Department of Transportation’s Maritime Administration (MARAD) and the U.S. Merchant Marine Academy, Kings Point, N.Y., (USMMA) have released the USMMA Capital Improvement Program (CIP) Annual Report for Fiscal Year 2022.
In the latest NTSB Safety Compass Blog, Morgan Turrell, director of the Office of Marine Safety, at the National Transportation Board, makes a plea for maritime operators to make it their new
The Bureau of Ocean Energy Management (BOEM) has announced the availability of its draft Environmental Impact Statement (EIS) for the proposed New England Wind energy project offshore Massachusetts. If approved, this proposed
Any transition to a green hydrogen economy will require the seaborne transformation of large volumes of hydrogen and Australia’s Provaris Energy Ltd (ASX: PV1) believes that shipping it in compressed high purity
Bremerton, Wash., based SAFE Boats International has entered a production partnership with West Palm Beach, Fla., based autonomous maritime technology specialist Mythos AI. SAFE Boats has recently delivered a purpose-built Porter 78S
