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.
The bipartisan, bicameral bill will fuel U.S. economy, strengthen national security by responding to China’s threat over the oceans. Currently, the number of U.S.-flagged vessels in international commerce is 80; China has 5,500.Today, Senator Mark Kelly (D-AZ), Senator Todd Young (R-IN), Representative John Garamendi (D-CA-8)
In recent weeks the U.S. Supreme Court has fundamentally changed the ways that laws are interpreted and enforced by federal agencies. These decisions will have far-reaching impacts on heavily-regulated sectors, such as the U.S. maritime industry, potentially altering the balance of power between stakeholders and federal regulators.
An oil spill from a runaway barge that struck a bridge near Galveston has been contained, the U.S. Coast Guard said on Thursday.At approximately 10 a.m. Wednesday, Martin Marine's barge MMLP 321 broke loose due to a break in the coupling and allided with the Pelican Island Causeway bridge, which connects Galveston Island and Pelican Island in Texas.
American aerospace manufacturer ULA on Wednesday announced it has ordered a new ship to transport rockets from its factory in Decatur, Ala. to launch sites at Cape Canaveral Space Force Station in Florida and Vandenberg Space Force Base in California.ULA said it awarded a contract to build the 356-foot-long roll-on/roll-off vessel to Bollinger Shipyards
Star Bulk Carriers Corp. on Tuesday announced that it has completed its merger with fellow dry bulk shipping company Eagle Bulk Shipping Inc.Eagle Bulk shareholders this week voted to approve the $2.1 billion deal, which was first announced in December 2023.Under the terms of the merger agreement, each Eagle shareholder received 2.
Terminales Marítimas de Vigo, S.L.U. (Termavi), a new Konecranes customer has ordered two hybrid Konecranes Rubber-Tired Gantry (RTG) cranes equipped with the complete range of Konecranes Smart Features. The order was booked in Q4 2024, and delivery is scheduled for Q4 2025.Termavi operates the main container terminal at Spain’s Port of Vigo on the country’s Atlantic coast and has implemented a
In the first half of 2024, the volume of cybersecurity incidents involving infostealers has increased significantly, and maritime victims have been no exception.Infostealers are a type of malware designed to steal sensitive information from an infected system, such as login credentials, financial data, browser history, and other personal or corporate information.
Subsea7 in August announced it was awarded a "sizable" contract, worth between $50 million and $150 million, to perform engineering, procurement, construction, and offshore installation (EPCI) work in the U.S. Gulf of Mexico.The company revealed on social media that the contract was awarded by Shell Offshore Inc., for its Vito waterflood project.
Damen and COTECMAR have signed the contract for technical support and the supply of components for the construction of the first frigate to be built in Colombia.COTECMAR, short for the Corporación de Ciencia y Tecnología para el Desarrollo de la Industria Naval, Marítima y Fluvial, will be in charge of the construction, based on Damen’s SIGMA 10514 model.
Boluda Towage announced it has reached a deal to acquire British company SMS Towage Ltd.The acquisition involves taking over the harbor and offshore towage services and marine operations, together with the management, office staff, crew, and fleet, based in the United Kingdom. SMS is presently operating in the U.K.
Russian warships conducted training drills in the White Sea to convoy and defend a caravan of ships, state-run TASS news agency reported on Sunday, citing the Russian Defence Ministry, in what it said was routine combat training.During the drills two small anti-submarine ships, the Onega and the Naryan-Mar