Noble Corporation has entered into a definitive agreement to acquire Diamond Offshore, creating a fleet of 41 rigs - including 28 floaters and 13 jack-ups, and a combined backlog of approximately $6.5 billion.Noble will acquire Diamond in a stock plus cash transaction, whereby Diamond shareholders will receive 0.2316 shares of Noble, plus cash consideration of $5.
Van Oord has launched its new offshore installation vessel Boreas at the Yantai CIMC Raffles Offshore shipyard in China.The Boreas’ dual fuel engine set is able to run on methanol and is purpose-built for the transport and installation of the next generation foundations and turbines at offshore wind farms.The vessel is expected to be commercially available in 2025, according to Van Oord.
As a speed boat carrying more than a dozen Somali pirates bore down on their position in the western Indian Ocean, the crew of a Bangladeshi-owned bulk carrier sent out a distress signal and called an emergency hotline.No one reached them in time. The pirates clambered aboard the Abdullah, firing warning shots and taking the captain and second officer hostage
VIKING Life-Saving Equipment has strengthened its position in boat manufacturing by setting up a new manufacturing facility in Norway.The new building covers 3,400 sqm and is designed to meet requirements for high-end freefall boats in the offshore segment and for special boats in the defense segment.
Scienco/FAST and UniBallast, B.V. launched the portable InTankFITT Container, a containerized version of its filterless Ballast Water Treatment System (BWTS), InTank.Designed to address the growing regulatory and operational challenges in ballast water management, this solution is designed to be:Compact and Portable Design: The containerized system is preassembled and housed within a shipping
The Port of New Orleans (Port NOLA) announced that it has been awarded $1,000,000 from the Environmental Protection Agency (EPA) for its Louisiana International Terminal (LIT) Sustainability Management Plan (SMP)."This funding is a crucial investment in Louisiana’s future, supporting sustainable infrastructure and creating meaningful opportunities for our communities.
Four students from the U.S. Merchant Marine Academy (USMMA) – Draygan Colonese, Elizabeth Kay, Charles Lausten and Gianna Russo – have been awarded Thomas B. Crowley Sr. Memorial Scholarships in recognition of their success and commitment to careers in the maritime industry.They were selected based on their academic achievements and performance during the cadet training periods aboard
Cadets Anna LaDue and Odegaard Fields from Maine Maritime Academy have been awarded the Thomas B. Crowley Sr. Memorial Scholarship. These students were selected based on their performance during the cadet training periods aboard Crowley-operated or -managed ships and their intent to pursue maritime careers.
New MPV brings increased versatility to workboat sector.Damen Shipyards Group and Herman Sr. have signed a letter of intent (LOI) for the construction of a new Multi-Purpose Vessel (MPV) 4916. The LOI was signed during the Offshore Energy exhibition in Amsterdam on 26 November by Jeroen van Woerkum on behalf of Damen and Chris and Erwin van Dodewaard of behalf of Herman Sr.
California State University Maritime Academy (Cal Maritime) deck cadets Jake Jacobsen and Jan Johnson have been awarded Crowley’s Thomas B. Crowley Sr. Memorial Scholarships.The scholarship recognizes the cadets' success and their dedication to a career in the maritime industry.Jacobsen, entering his final year at Cal Maritime
Earlier this year, 30-year Port Houston veteran Jeff Davis announced his retirement as Chief Port Operations Officer. The port's Executive Director Roger Guenther has subsequently announced the promotion of two long-term, well-regarded members of Port Houston’s executive leadership team to vital roles to ensure sustained operations and exceptional service.
Swedbank has signed the Poseidon Principles, a global framework for integrating climate considerations into lending decisions within ship financeThe Poseidon Principles provide a standardised methodology for data collection and reporting of emissions from banks’ shipping portfolios, with the overall ambition of supporting and facilitating the decarbonization of the shipping industry.