If nothing else, building vessels in the U.S. is a complicated business.In a session on the domestic shipbuilding marketplace, at Marine Money’s late-November 2023 conference held in New Orleans, Ben Bordelon, president and CEO of Bollinger Shipyards (with more than a dozen facilities, in Mississippi and Louisiana)
Titan Clean Fuels and Mitsui O.S.K. Lines (MOL) have completed the first LNG and liquefied biomethane (bio-LNG) bunkering operation in Belgium, as part of a new multi-delivery contract for MOL’s vehicle carrier fleet.On March 16, 2025, Titan’s Alice Cosulich LNG bunkering vessel delivered 500 tons of bio-LNG and 400 tons of conventional LNG to the Celeste Ace vehicle carrier.
Gulf LNG Tugs of Port Arthur on Thursday announced it has placed orders for four new escort tugs to serve the Port Arthur LNG export facility in Texas. Two will be constructed by Master Boat Builders in Coden, Ala., and two by Sterling Shipyard in Port Neches, Texas. Gulf LNG Tugs—a joint venture comprised of Bay-Houston Towing
Fratelli Cosulich Group placed an order for two 7,999 dwt IMO2 chemical bunkering tankers at Taizhou Maple Leaf Shipbuilding Co., Ltd., with options to build two more units.The delivery of the first of these methanol-ready vessels will be in the first half of 2026.The newbuild vessels are designed to carry a range of cargoes, including fuel oil, biofuels, and methanol in their cargo tanks
The Holt Lock on the Black Warrior River in Holt, Ala., has reopened after being closed earlier this year due to concerns about its structural stability.The U.S. Army Corps of Engineers closed the lock on June 22 after the Mobile District engineering team conducted an initial stability analysis that identified cracks and leaks in the lock's infrastructure.
Master Boat Builders has launched Patricia B. Moran, a new tugboat it is building for Moran Towing Corporation, based in New Canaan, Conn.The newbuild is one of two 86-foot (LOA) tugs the Coden, Ala. shipbuilder is building for Moran. Ordered in 2022, the tugs were designed by Crowley Engineering Services and will produce a bollard pull of over 55 metric tons.
Electric motor startup H3X on Tuesday announced it has raised $20 million through an oversubscribed Series A round led by Infinite Capital, with participation from Hanwha Asset Management, Cubit Capital, Origin Ventures, Industrious Ventures, Venn10 Capital, and follow-on investors that include Lockheed Martin Ventures, Metaplanet, Liquid 2 Ventures and TechNexus.