South Korean defense, shipbuilding and energy solutions provider Hanwha Group has appointed Alex Wong as Global Chief Strategy Officer (CSO) to lead the company's strategic initiatives in international markets.In this newly created role based in Washington, D.C., Wong will spearhead Hanwha's efforts to deepen partnerships, build defense capabilities
Colonna’s Shipyard is a fifth-generation, family-owned medium-sized shipbuilder, led by Randall Crutchfield, Chairman & CEO, today. Founded in 1875 by 26-year-old ship carpenter Charles J. Colonna with a $2,000 loan from his brother, he founded a company that has not only withstood the test of time
Australia’s BHP Group has signed contracts with COSCO Shipping Bulk, a subsidiary of COSCO Shipping, for the charter of two ammonia dual-fueled Newcastlemax bulk carriers.The new vessels to be built under the arrangement will be two of only a handful of vessels in the world capable of using ammonia as a marine fuel.
Hanwha Ocean has held a naming ceremony for its high specification ultra-deepwater drillship Tidal Action, signaling its official entry into the deepwater drilling industry.The Tidal Action is built on Hanwha Ocean’s proprietary design and is capable of drilling at depths of up to 12 kilometers in waters as deep as 3.6 kilometers.
French ship owner Louis Dreyfus Armateurs (LDA) has selected SALT as the naval architect and Shanghai Zhenhua Heavy Industries Company (ZPMC) as the shipyard for the construction of three new service operation vessels (SOVs) ordered by Vattenfall.SALT, an offshore vessel designer and long-time partner of LDA, has been entrusted with the development of the new SOVs.
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.
Seatrium and BP have signed the Memorandum of Understanding (MOU) in preparation for a second project, the Tiber Floating Production Unit (FPU), in the U.S. Gulf of America.Under the MOU for the Tiber project, Seatrium would provide services to carry out the engineering, procurement, construction
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)
As battery technology evolves at speed, so too do developments on maritime's increasing use of the energy packs for hybrid and pure electric applications. Today, Fleetzero, a developer and manufacturer of modular propulsion platforms for hybrid and electric ships, selected Glosten to design what is expected to be the world’s longest-range hybrid electric vessel.
Conrad Shipyard won the Western Dredging Association (WEDA) Safety Excellence Award in the Dredging Trade Partner category, a recognition that highlights Conrad's commitment to safety, operational excellence, and its partnership with the U.S. dredging industry. Presented late last month during the 2025 WEDA Annual Dredging Summit & Expo
A CDS River Cruise 135 type cruise vessel, the Excellence Crown, to Swiss shipping company Twerenbold Reisen Group, which christened the vessel in May 2025 in Basel. The 135-m ship features hybrid propulsion and was designed and built by the Concordia Damen shipyard in Werkendam, the Netherlands.
AET, a member of the MISC Group and owner and operator of maritime transportation assets, has signed an agreement with Fleetzero, a supplier of modular marine batteries for hybrid and electric ships, for the development of the world’s longest-range plug-in hybrid-electric vessel.Under the agreement