Naval shipyards and industry partners see business growing, but finding enough trained and qualified workers is a challenge.General Dynamics Electric Boat will invest $1.7 billion to modernize and upgrade its Quonset, R.I. and Groton, Conn., facilities over the next ten years,” said Sean Davies , vice president for EB’s Quonset Point Operations.
The first LNG bunker vessel to be based in France has successfully completed sea and gas trials, marking another step towards the delivery and operational start-up.The new vessel, named Marseille, is TotalEnergies Marine Fuels’ second collaboration with shipowner Mitsui O.S.K. Lines, Ltd. (MOL) and shipbuilder, Hudong-Zhonghua Shipbuilding.
Bergen Tankers’ newly converted liquefied natural gas (LNG) bunkering vessel—Norway's first—has recently entered service.The 49.25-meter vessel, Bergen LNG, is being operated by Gasnor (Shell) in the Bergen area and on the Norwegian west coast to supply the LNG-fueled passenger ships operated by Hurtigruten and Kystruten.
Memphis, Tenn.-based Southern Towing Company (STC) said Tuesday it has acquired family-owned Devall Towing, in a deal that expands STC’s towing operations into specialty chemical products.Headquartered in Sulphur, La., Devall is a towboat and barge operator for specialty chemicals along the Gulf Intracoastal Waterway and Lower Mississippi River, operating 36 towboats and 125 liquid tank barges.
Danish offshore support vessel operator Maersk Supply Service will continue providing marine support to The Ocean Cleanup, a nonprofit engineering and environmental organization working to rid oceans of plastic pollution.The Ocean Cleanup’s mission is to develop advanced technologies to rid the world’s oceans of plastic.
Finnish maritime technology firm Wärtsilä and Grieg Edge, the innovation hub of Norwegian shipping group Grieg Star, are working on a joint project to launch an ammonia-fuelled tanker producing no greenhouse gas emissions by 2024. With Norwegian government support worth 46.3 million NOK (4.4 million EUR), the partnership aims to build what will be the world's first green ammonia fuelled tanker.
Florida-based transportation and logistics firm SEACOR Holdings Inc announced Monday it has entered into a deal with private equity firm American Industrial Partners (AIP) to take the company private in an all-cash transaction valuing it at about $1 billion, including net debt.SEACOR said New York-based AIP will commence a tender offer to buy all its outstanding shares at $41.
The floating offshore wind industry, still considered nascent with around 100MW installed capacity - and minuscule compared to the installed capacity of its „older brother,“ - that is the conventional, fixed bottom offshore wind industry (29GW at 2019 end) - is showing promise and is expected to take off big time by the end of the decade.
The inland waterway system, flowing through the United States heartland, is a microcosm of all that has been happening in 2020: trade tensions, infrastructure issues, shifting trends in fuel consumption and the pandemic that has gripped us since the winter months. Shortly after the initial coronavirus outbreak here in the U.S.
The world’s largest LNG-powered containership, the CMA CGM Jacques Saadé, has completed its first LNG bunkering with Total’s LNG bunker vessel, the Gas Agility, at the Port of Rotterdam in the Netherlands. The 23,000 TEU containership received around 17,300 m3 of LNG, making it the largest LNG bunkering operation to ever take place, both Total and CMA CGM said Monday.
Since early Spring 2020, American consumers have received a practical education in supply chain operations. One lesson is that it takes more than simply going online and clicking a “Buy Now” button for goods to show-up on our front porches. While the networks and systems that deliver commodities from around the globe might have been stretched as a result of COVID-19 related impacts
The world’s largest liquefied natural gas (LNG) bunker vessel was officially named during a ceremony held Friday in Rotterdam. The 135.5-meter-long, 18,600-cubic-meter-capacity GTT Mark III Flex membrane vessel has been named Gas Agility.The first LNG bunker vessel owned by Emerald Green Maritime Limited, a wholly owned subsidiary of Mitsui O.S.K. Lines, Ltd.