U.S. Transportation Secretary Sean P. Duffy has announced that the Maritime Administration (MARAD) has awarded $8.75 million in grants to revitalize U.S. shipyards and advance America’s maritime dominance.The funding is part of the Small Shipyard Grant program, which supports advanced training, workforce development and new technologies that strengthen U.S. shipbuilding and repair capabilities.
Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat’s fully managed bonded connectivity service, NexusWave, on board the chemical tankers Caribe Maria and Caribe Luna as the company seeks a reliable solution to best serve operational and crew connectivity.
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.
Brazilian port terminal group Amport said on Thursday that grains transport through the Tapajos waterway has come to a halt as a severe drought hit northern Brazil and lowered the river's water levels.Tapajos, which links Brazil's central and north regions, is a key corridor to transport grains from agricultural heartlands in states, including Mato Grosso, Brazil's top soy producer
Lloyd’s Register Advisory has verified the performance of Anemoi Marine Technologies’ wind-assisted rotor sails on TR Lady Kamsarmax following a year-long, multi-voyage testing period.In a Statement of Fact, Lloyd’s Register Advisory confirmed the methodology Anemoi used for calculating fuel and emissions savings from the three 24 meters high Rotor Sails installed on TR Lady - a Kamsarmax bulk
French maritime data analytics platform Kpler wants to buy ship tracking company Spire Maritime, whose satellite data is a vital resource for oil traders and shipping companies, but some Spire customers fear Kpler will cut them off and have raised antitrust concerns to U.S. authorities, sources familiar with the matter say.The $241 million deal announced on Nov.
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has gained Approval in Principle (AiP) from ClassNK for the retrofitting of a conventionally fueled Kamsarmax bulk carrier to dual fuel methanol.Led in collaboration with Japanese shipbuilder Tsuneishi Shipbuilding, the project assessed the techno-economic feasibility of a retrofit from fuel oil to dual fuel methanol
The Global Maritime Forum has launched the Sustainable Crewing Guidelines, nine recommendations to improve life at sea.The guidelines aim to boost working conditions and alleviate the forecasted shortfall of 90,000 trained seafarers by 2026 – a major risk to global supply chains and safety at sea.
Veson Nautical and Cargill announced the Strategic Technology Agreement, expanding their partnership to accelerate digital transformation in the maritime sector. The agreement provides Cargill's Ocean Transportation business with a broad range of access to the Veson portfolio, including its data intelligence capabilities and AI-enabled collaborative workflow solution Shipfix.
Transportation of soybeans and corn on barges along the Brazilian Amazon's Tapajos River, which had been suspended in early October due to dry weather, resumed at 50% capacity this week, operators said on Wednesday.Shipping began again on that waterway, which receives grain cargos from Brazil's biggest farm state Mato Grosso and nearby areas, as rain raised river levels, said Amport
Ardmore Shipping has announced a series of leadership changes and updates to its commercial organization following news of the upcoming retirement of Founder and CEO, Anthony Gurnee, and the appointment of Gernot Ruppelt and Bart Kelleher to CEO and President roles respectively.Effective September 16, 2024, Robert Gaina will join the Ardmore Senior Management Team (SMT) as Senior Vice President
NYK Bulkship (Atlantic) N.V. has installed two wind-assist VentoFoils on the bulk carrier NBA Magritte at the port of Rotterdam. The vessel is engaged in a long-term charter contract with Cargill (USA).This is the first time a unit of this type has been installed on an NYK Group vessel.