Kraken Robotics Inc. announced the passing of founder and former CEO, Karl Kenny on February 11, 2025, at the age of 64. Karl founded Kraken in 2012 and was instrumental in building the company into a leading player in subsea robotics over his 10-year tenure, before retiring in December 2022.
Shares in South Korean shipbuilders HD Hyundai Heavy Industries and Hanwha Ocean rose more than 15% and 16%, respectively, today, after two U.S. senators debuted a bill to allow the U.S. Navy to build naval vessels in a shipyard located in a U.S. allied country.Senators Mike Lee (R-UT) and John Curtis (R-UT) have introduced two new bills aimed at enhancing the readiness and capabilities of the
Fincantieri and Norwegian Cruise Line Holdings (NCL) have signed a multi-billion dollar agreement for the construction of four new cruise ships.With a gross tonnage of approximately 226,000 tons, the new units will be the largest ever built for NCL.The ships will be built at the Fincantieri Monfalcone shipyard, with the first unit to be delivered in 2030 and the others to follow in 2032, 2034
CORE POWER (US) Inc. has engaged with Glosten to help its team design a floating nuclear power plant (FNPP) to power U.S. ports. Created by CORE POWER, the FNPP concept is a nearshore infrastructure system that includes a barge-based nuclear power plant, barge support services, electrical grid integration, and operational teams.
The arrival of the dredger Willem Van Rubroeck in Ndayane has marked the start of maritime works for the $1.2 billion Port of Ndayane, a project led by Dubai-owned ports and logistics firm DP World, which aims to transform Senegal into a major center for global trade.The vessel will dredge a 5 km-long shipping channel - an essential step in building this high-capacity port designed to elevate
The first 11 MW Siemens Gamesa offshore wind turbine, out of total 65 planned, has been installed at Ørsted’s 704 MW Revolution Wind offshore wind farm in the United States.Once in operation, Revolution Wind will have the capacity to generate 400 MW of clean power for Rhode Island and 304 MW for Connecticut, enough to power more than 350
Austal USA held a ceremony marking the official start of construction on the first U.S. Coast Guard Heritage-class Offshore Patrol Cutter (OPC) to be built at its Mobile, Ala., shipyard. The vessel, named Pickering (WSMM 919), is the lead vessel in a series potentially comprising up to 11 cutters under a contract valued at $3.3 billion.
San Francisco’s Water Emergency Transportation Authority (WETA), operator of the San Francisco Bay Ferry system, is moving forward with plans to introduce the United States' first fleet of zero-emission, high-speed, battery electric ferries, this week unveiling design renderings and announcing a battery systems supplier.
South Korea's Hanwha Group has agreed to acquire U.S. shipbuilder Philly Shipyard in a $100 million cash deal, the companies announced on Thursday.Under the deal, which is expected to close in Q4 2024, Hanwha Systems and Hanwha Ocean will purchase purchase of Philly Shipyard, Inc., the sole operating subsidy of Aker-owned Philly Shipyard ASA, based in Oslo.
Dominion Energy has announced that the first monopile foundation for the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW), the largest offshore wind farm under construction in the United States, has been installed approximately 29 miles off the Virginia Beach coast.The monopile was installed by the Orion, DEME Group's heavy lift vessel.
The U.S. Environmental Protection Agency (EPA) has issued the final air quality permit for Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) project located off the coast of Virginia Beach in the United States.Issued on April 9 following a 30-day public comment period, the permit authorizes the construction and operation of the largest offshore wind project in the U.S.
The United States' first Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, was launched into the water at the Seatrium AmFELS shipyard in Brownsville, Texas.The 472-foot WTIV—the first and only to be constructed in the U.S.—is being built for Blue Ocean Energy Marine, a subsidiary of Dominion Energy, who announced the milestone on Monday.