U.S.-based offshore drilling contractor Noble Corporation on Wednesday announced it has completed its acquisition of peer Diamond Offshore Drilling. The merger creates the industry's largest fleet of 7th generation dual-BOP drillships and adds 4.8 rig years and approximately $2 billion to the Noble backlog, which now stands at $6.7 billion.
Britannia, the insurer of container ship the Dali, is working with the vessel's owner and U.S. authorities on the investigation into the collapse of Baltimore's Francis Scott Key Bridge, the insurer said on Thursday.The bridge collapsed on Tuesday after the Dali suffered a power outage and struck a pylon, causing huge disruption in the port.
Insurance broker Marsh and Lloyd's of London underwriters have expanded a marine war insurance program backed by Ukraine from grain shipments to all non-military cargo, such as iron ore and steel, Marsh said on Friday.Marsh, Lloyd's and Ukrainian state banks launched an initial program in November to cut the cost of claims for damage to ships and crew transporting grain through the Black Sea
The international maritime industry, led by the International Chamber of Shipping, has joined together to express their concern for the seafarers from the Galaxy Leader who have been held hostage and call on the Houthis to release them.Monday February 19, 2024 marks the three-month anniversary since the Houthis seized the Galaxy Leader and its 25 seafarers in the Red Sea.
Ocean Infinity has received a Statement of Compliance (SOC) from DNV for its remotely supported vessel operations, marking industry's first such achievement.The approval from DNV, the world's leading classification society, establishes Ocean Infinity as the industry's first organization to reach the required standard of technology and operations for large vessels
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.
U.S.-based family-owned private equity firm the Hoffmann Family of Companies (HF Companies) announced it has acquired Mackinac Island Ferry Company in Michigan.Jenny Gezella, President of Hoffmann Marine, said, “We are thrilled to acquire the Mackinac Island Ferry Company, further expanding our presence in the Mackinac community and marine industry.
The last of the three coast guard vessels, strengthening the control and surveillance in the northern area of Norway, has been named KV Hopen by Minister of Climate and Environment Andreas Bjelland Eriksen at Vard Langsten in Norway.With the naming ceremony of the third vessel in the Jan Mayen class, one of Norway's largest maritime acquisitions ever is about to be completed.
A. P. Møller-Mærsk's newly developed design for an ammonia-fuelled 3,500 TEU container vessel has earned approval in principle (AIP) from classification societies Lloyd’s Register (LR) and the American Bureau of Shipping (ABS).Led by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, the design project also involved MAN Energy Solutions, Deltamarin, Eltronic FuelTech.
The two classification societies American Bureau Of Shipping (ABS) and Lloyd’s Register (LR) have issued an approval in principle (AiP) for a new ship design of an ammonia-fueled 3500 TEU container vessel.A cross-industry taskforce including A. P. Moller-Maersk, MAN Energy Solutions, Deltamarin, Eltronic FuelTech
A Commissioner with the U.S. Federal Maritime Commission is urging President Joe Biden to provide aid for local companies and workers suffering from an economic upheaval in the wake of the tragic Key Bridge collapse in Baltimore.A letter sent by Commissioner Carl W. Bentzel to President Biden on Monday asks the President to consider using the Coronavirus Aid, Relief
Galveston, Texas based dredging contractor Callan Marine announced it has christened its newest cutter suction dredge (CSD), General Arnold, built by C&C Marine and Repair in Belle Chasse, La.The 32-inch CSD was ceremoniously christened in Corpus Christi, Texas, on February 20, 2024, and will immediately begin work on Phase Four of the Corpus Christi Ship Channel Improvement Project.