▶ Medium-sized containerships to be built by 2028, supported by design, procurement, equipment, and strategic technology investmentHD Hyundai launched a strategic shipbuilding collaboration in the United States, signing with U.S.-based Edison Chouest Offshore (ECO) to establish a strategic and comprehensive partnership for the construction of U.S. commercial vessels.
Benny Cenac Jr.’s Houma based Main Iron Works Company has completed the 10th boat newbuild for Ingram Marine Group. This partnership with Main Iron Works and Ingram began in 2021 and included the construction of 10 new towboats to be completed by the end of 2024. The first towboat, the Adrienne M.
UC San Diego’s Scripps Institution of Oceanography issued a request for proposals (RFP) to select a shipyard for the final design and construction of its new 163-ft. Coastal Class Research Vessel (CCRV), reportedly the first oceanographic research ship to primarily operate on renewable fuels.
An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, people familiar with the matter said.Chevron last October offered to pay $53 billion for Hess, one of the two biggest deals in the largest wave of consolidation in the oil industry in decades.
In the last decade, changing U.S. Administrations have become increasingly tumultuous, as the swings in priorities and directives have a real, material impact on business. Read on for insights on the current and future of U.S. Offshore Wind.In the weeks preceding his late January inauguration
The U.S Coast Guard on Wednesday suspended operations at the offshore energy services hub Port Fourchon, Louisiana, as hurricane Francine bore down on the coast, according to a shipping advisory.The temporary closure of Port Fourchon, home to marine and equipment suppliers to offshore oil producers, follows the suspension of marine traffic at the deepwater Louisiana Offshore Oil Port (LOOP)
There are many forces pushing stakeholders across the global maritime industry to decarbonize.In the U.S. inland waterways, regulations aren’t one of the main drivers—at least not at the moment, according to Mike Complita, principal and vice president of strategic expansion at Elliott Bay Design Group, a naval architecture firm.
Cox Marine announced a series of changes to its commercial operations and sales leadership structure. Over the past three years, Cox Marine has made strides to deliver its first product to market—the 300 V8, the world’s first purpose-built, high-horsepower diesel outboard. Cox Marine is also progressing through the final validation stages for the market-disrupting 350 V8.
This year is the 80th anniversary of the end of WWII and PBS is releasing a documentary on Bob Hope and his involvement entertaining the troops and actual correspondence/letters with the service men and women, titled “Miles, Morale and Memories: Bob Hope and WWII,” narrated by Gary Sinise. Three hundred and fifteen stations are currently scheduled to pick up the documentary beginning in May.
Navig8 TopCo Holdings Inc. announced that it has been acquired by ADNOC Logistics and Services plc.Navig8 is an international shipping pool operator and commercial management company with a modern owned fleet of 32 tankers and a presence in 15 cities across five continents. The Navig8 Group also holds investments in technical management companies
Seismic work at offshore gas fields shared by Venezuela and Trinidad and Tobago is expected to start in the coming days, the Caribbean country's energy minister Stuart Young said on Friday on social media.Venezuela in July issued a 20-year license allowing the development of its side of the reservoir, the Cocuina field. The U.S.
The United States' Secretary of the Navy Carlos Del Toro on Monday announced a federal, state and local partnership intended to help rebuild the maritime industrial base workforce required to support the Navy.The so-called Michigan Maritime Manufacturing Initiative (M3) will establish training pipelines and programs to meet the Navy’s need for thousands of new workers and jobs across the state