Leo Hambro, co-founder and director of U.K.-based crew transfer vessel specialist Tidal Transit recently sat down with Marine Log to discuss electric and hybrid vessels. Marine Log (ML): What are the main
China’s Wuchang Shipbuilding Industry Group has chosen Schottel to supply a comprehensive propulsion concept for four new offshore construction vessels (OCVs) . The 100 meter long vessels are being built to Salt
Today, the Department of Commerce and NOAA announced the award of $2.1 million to support surface ocean and atmospheric carbon observations and monitoring through President Biden’s Investing in America agenda. These funds
Norwegian shipowners Eidesvik Offshore and Agalas have placed an order at Turkey’s Sefine Shipyard for a state-of-the-art, battery-hybrid methanol-fueled CSV (construction support vessel). It will be owned by an entity to be
Offshore drilling contractor Valaris Limited (NYSE: VAL) reports that it has exercised its options and taken delivery of newbuild drillships Valaris DS-13 and DS-14 for an aggregate purchase price of approximately $337
Yesterday’s Gulf of Mexico Oil and Gas Lease Sale 261 generated $382,168,507 in high bids for 311 tracts covering 1.7 million acres in federal waters of the Gulf of Mexico. A total
By providing long-term debt repayment guarantees, the U.S. Maritime Administration’s Title XI Federal Ship Financing Program is intended to encourage U.S. shipowners to obtain new vessels from U. S. shipyards cost effectively
Looking to strengthen its position in the offshore and subsea sectors, Italian shipbuilding giant Fincantieri is to acquire Chiuduno, Italy, headquartered Remazel Engineering S.p.A. from Advanced Technology Industrial Group S.A. Remazel is
The U.S. Court of Appeals for the Fifth Circuit has issued an order dismissing an appeal against a GoM oil and gas lease preliminary injunction. As we reported earlier, the Bureau of
One of the best-known companies in Netherlands shipping, Vroon, says that it has finalized its restructuring and completed the sale of 37 vessels from its offshore fleet. That leaves Vroon with a
