As one part of an initiative announced by the White House yesterday, vessels built for the offshore wind sector have been designated “Vessels of National Interest.” The designation, aimed at prioritizing offshore
Houston-headquartered Industrial Service Solutions (ISS) is pushing ahead with its plans, which we reported in December last year, to see the first fully-electric towboats built in North America available for charter in
Viega, the first press fitting system to meet the standard for use on U.S. Navy combat ships, has won approval for additional components to be used onboard. Last year, the Naval Sea
Turkey’s Sanmar Shipyards has delivered a powerful and highly maneuverable RAstar 2900SX ASD Z-drive tug to South American towing giant SAAM Towage. Named Bigacay XII while under construction, the vessel has been
Vard Marine, Inc. has gained approval in principle from ABS for its 115 meter next generation offshore patrol vessel (NGOPV) design. The Vard 7 115 NGOPV caters to a range of mission
Continuing on the acquisition trail, Beloit, Wis. headquartered Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Hunt Valve Company Inc., a specialty manufacturer of naval valves and
Swiss based engine developer WinGD (Winterthur Gas & Diesel) reports thatm as shipowners continue to invest in big containerships, it has booked more than 80 orders of its largest engines in 2021
The growing demand for LNG fueled containerships is providing somewhat of a bonanza for pump manufacturer Svanehøj. It has booked orders from shipyard giants Daewoo Shipbuilding & Marine Engineering and Samsung Heavy
Belle Chasse, La., based C&C Marine and Repair has delivered the M/V Olive Parker, its first vessel built for Tuscaloosa, Ala., headquartered Parker Towing Company. Constructed based on a collaborative design by
With infrastructure spending on the agenda in Washington, D.C., a bipartisan group of legislators has introduced a measure aiming to provide $25 billion to make investments needed to optimize, improve, and rebuild