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By Neil Jerome Morales MANILA, March 30 (Reuters) – Philippine rescuers searched the smoldering ruins of a burnt-out ferry on Thursday for any survivors or more victims of a fire …
Foss Offshore Wind, a Saltchuk Marine division founded in 2020 to service North America’s emerging wind energy sector, has announced that its New Bedford, Mass., terminal, currently under construction
By Sabrina Valle HOUSTON, March 29 (Reuters) – Exxon Mobil Corp on Wednesday bid for offshore blocks to store carbon dioxide underground during a government oil and gas lease sale …
Maryland Governor Wes Moore has announced an ambitious plan to significantly expand the state’s offshore wind energy capacity, advancing a key component of Maryland’s goal to transition to 100% clean
Transocean Ltd. (NYSE: RIG) has secured additional contract fixtures for two of its harsh environment semisubmersibles in what is the latest development in the recovery of the offshore drilling indust
The U.S. Bureau of Ocean Energy Management (BOEM) has conducted Gulf of Mexico Lease Sale 259, which resulted in $263,801,783 in high bids for 313 tracts spanning 1.6 million acres …
The World Shipping Council (WSC) has voiced its opposition to the bipartisan Ocean Shipping Antitrust Enforcement Act, introduced this week by U.S. Representatives Jim Costa (CA-21), Dusty Johnson (SD
By Olga Popova and Karl Plume MOSCOW/CHICAGO, March 29 (Reuters) – Cargill said on Wednesday it would take a further step back from the Russian market by stopping handling Russian …
March 29 (Reuters) – A Danish-owned vessel that was boarded by pirates in the Gulf of Guinea on Saturday was spotted about 540 miles further off shore on Tuesday, according …
Some tense moments on the Portland Canal yesterday morning as a vessel towing 11 barges collided with a stationary structure near the McAlpine Lock and Dam in Louisville, Kentucky. The …
by John Konrad (gCaptain) Vincent Clerc, the newly appointed CEO of AP Møller-Maersk, spoke about China’s economic rebound during his visit to the country this week. He pointed out that …
Himalaya Shipping Ltd., an independent bulk carrier company, announced today its plan to launch an initial public offering (IPO) of $45,000,000 of its common shares on the New York Stock …
U.S.-based maritime intelligence firm Saildrone has unveiled the 33-foot Voyager, a mid-size uncrewed surface vehicle (USV) for near-shore ocean mapping and maritime security missions. The Voyager jo
By Hyonhee Shin and Daewoung Kim SEOUL/BUSAN, March 28 (Reuters) – North Korea unveiled new, smaller nuclear warheads and vowed to produce more weapons-grade nuclear material to expand its arsenal, …
Norsepower Oy Ltd., a leading global provider of mechanical sails for large ships, has secured 28 million euros in its latest Series C fundraising round. The round was led by …
Mitsubishi Shipbuilding Co., a subsidiary of Mitsubishi Heavy Industries, has launched a test ship for transporting liquefied carbon dioxide (LCO2). The launch ceremony took place at the Shimonoseki
Atlas Corp. (NYSE: ATCO) has announced the completion of its merger with Poseidon Acquisition Corp., a consortium of Atlas’ controlling shareholders formed by affiliates of Fairfax Financial Holdings
The U.S. Coast Guard has launched a formal marine casualty investigation into the fire that occurred aboard the Spirit of Boston passenger vessel on Friday. The Spirit of Boston is …
By Yvonne Yue Li (Bloomberg) Seven months after President Joe Biden signed the Inflation Reduction Act into law, the magnitude of the challenge it will be for the US to …
By Arijit Ghosh (Bloomberg) Transnet SOC is probing the existence of illegal freight trains that are depriving South Africa’s state-owned rail operator of revenue. The logistics firms that’s struggli
