While political winds in the U.S. have significantly tampered many ‘green’ projects, Curtin Maritime is domiciled in California, which is globally known for its strict environmental initiatives. To that end, Curtin Maritime inked a contract recently to invest $160m for eight new hybrid-electric tugboats, vessels being built by Snow & Co.
European defense giant Rheinmetall has signalled interest in taking over German shipbuilder Naval Vessels Luerssen, industry sources told Reuters on Wednesday, as the Duesseldorf-based firm looks to expand into the naval business.According to the Bild newspaper, which first reported Rheinmetall's plans, the supervisory board intends to consider the purchase in the coming weeks.
U.S. President Donald Trump wants a pay raise for troops, more high-tech missiles and drones in next year's defense budget, while cutting Navy jobs, and buying fewer ships and fighter jets to save money, according to budget materials posted Wednesday.At $892.6 billion, the defense and national security budget request is flat compared with this year.
Angola's state oil company Sonangol is talking to Chinese financial institutions to secure a $4.8 billion loan to partly finance the construction of a new refinery in the Atlantic sea port of Lobito, it said on Wednesday.The financing, if completed, will mark the first borrowing by the Southern African oil producer from China since 2017
Massachusetts Maritime Academy (MMA), a top-ranked public university with undergraduate degree programs focusing on science, engineering, technology, math, and business that blend academics and experiential learning, announced the reappointment of Elizabeth B. Simmons, vice president of external affairs, to the reconstituted Seaport Economic Council.
Seventeen students from seven U.S. and El Salvador maritime academies and universities have been selected as the 2025 recipients of the Thomas B. Crowley Sr. Memorial Scholarship. The scholarship recognizes students who demonstrate exceptional academic achievement and dedication to their studies related to the maritime industry. The scholarship honors the legacy of Thomas B. Crowley Sr.
Saildrone Founder and CEO Richard Jenkins shares news on Lockheed Martin's recent investment in Saildrone:Today, I am delighted to announce a $50 million investment from Lockheed Martin in Saildrone, Inc. This commercial relationship marries the world’s most sophisticated and trusted defense technology with the world’s most capable and operationally proven USV technology.
Swedish firm Njord Survey has entered into a frame agreement with Energinet, Denmark’s national transmission system operator (TSO), covering site and route survey services for offshore wind and subsea cable projects.The long-term collaboration reinforces Njord Survey’s position as provider of services to the offshore renewable sector.
American Cruise Lines christened American Patriot in Newport, Rhode Island last week—celebrating the holiday and simultaneously marking the countdown to the country’s 250th birthday on July 4, 2026. American Patriot is the first ship in the company’s new Patriot Class—a fleet of new 130-passenger ships designed for exclusively cruising the U.S.A.
The hull for Bernhard Schulte (BS) Offshore’s new Commissioning Service Operation Vessel (CSOV) has arrived at Ulstein Verft’s shipyard, marking the start of new phase in the shipbuilding process.The vessel is designed by Ulstein Design & Solutions for ‘walk-to-work’ (W2W) operations, where personnel walks via a motion-compensated gangway from the ship to a wind turbine.
After sustaining extensive damage in a December 2024 fire, the tug Lucinda Smith has returned to the water with a fresh start powered by Mitsubishi S12R-Y3MPTAW-3 Tier 3 engines rated at 1260HP @1600RPM each. The repower was completed by Windward Power with support from Laborde Products, giving the rebuilt vessel renewed strength and reliability.Built in 1975 for the U.S.
Anticipating a strong cross-current that never materialized, an experienced tow pilot deviated from the sailing line on the Mississippi River and struck components of the Fort Madison Bridge near Fort Madison, Iowa, the National Transportation Safety Board has concluded.The towing vessel Joe B.