McDermott and BW Offshore have entered into a collaboration to advance the technical and commercial viability of offshore blue ammonia production aboard a floating production storage and offloading (FPSO) facility.The strategic partnership aims to enable a viable pathway for offshore blue ammonia production, contributing to the global transition to low-carbon energy sources
The U.S. Justice Department on Wednesday filed a civil claim seeking $103 million from the two Singaporean companies that owned and operated the container ship that in March toppled the Francis Scott Key Bridge in Baltimore, killing six people and paralyzing a major transportation artery for the U.S. Northeast.
Canadian shipbuilder Davie announced it has appointed Maxie Lafleur as president, bringing in a business executive from outside the shipbuilding sector to help drive growth.A Montréal native, Lafleur brings a wealth of experience in digital transformation, growth strategies, change management, mergers and acquisitions, and business development, both in Canada and abroad.
Harland & Wolff said on Monday it plans to appoint administrators in the coming days as the company known for building the Titanic struggles with a debt crisis.The Belfast-based shipbuilder, which survived closure once in 2019, said it would cut jobs in its non-core and certain central support areas, without specifying the number of roles affected.
The operation has started to tow a Greek-registered oil tanker stranded in the Red Sea after an attack by Houthi militants last month, a shipping source told Reuters on Saturday.Towing the 900-foot (274.2-metre) MV Sounion to safety is the first step in a risky operation to salvage the vessel that caught fire after it was repeatedly attacked on Aug. 21.
Ukraine accused Russia on Thursday of using strategic bombers to hit a civilian grain vessel with a missile in the Black Sea in NATO member Romania's maritime economic zone, in what it described as a "brazen attack" on freedom of navigation.President Volodymyr Zelenskiy said the vessel carrying Ukrainian grain to Egypt had been hit by a Russian missile just after it exited Ukrainian territorial
Experts will this week resume a risky operation to salvage the Sounion tanker which was attacked by Yemen's Houthis in the Red Sea last month and still holds about one million barrels of crude oil, maritime sources said on Thursday.The towing of the Greek-registered vessel - which was struck, lost power and caught fire on Aug.
Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the company's CEO said on Wednesday.Norwegian-born billionaire John Fredriksen lost the control of the company, once the world's largest driller by market cap, to its creditors over two debt restructurings since 2014.
Britain has slapped sanctions on 10 further ships in Russia's so-called "shadow fleet" of vessels which it says use illicit practices to avoid Western restrictions on Russian oil.Russia rejects Western pressure to limit its oil exports, and in the past year there has been a growth in the number of tankers transporting cargoes that are not regulated or insured by conventional Western providers.
When he joined Glosten more than 26 years ago as an intern, little did Morgan Fanberg know that one day he’d be at the helm leading one of the largest privately owned naval architecture firm in the United States. But this USMMA-grad was well outfitted for the task, and in this Maritime Matters: The Marinelink Podcast
U.S. Gulf of Mexico oil and gas producers were evacuating staff and curbing drilling to prepare for Tropical Storm Francine on Monday as it churned through the energy region on a path to bring high winds and drenching rains to the U.S. mid-South.Francine is likely to bring life-threatening storm surge to the upper Texas and Louisiana coasts and hurricane-force winds to Southern Louisiana this
British tech tycoon Mike Lynch died of suffocation after running out of oxygen, an investigative source said, citing initial examinations carried out on Saturday after his body was recovered from the family yacht that sank off Sicily's coast last month.Lynch, his daughter Hannah, 18