Belgium's Euronav on Monday said that its two major shareholders CMB and Frontline have reached a deal that would see CMB take control of the oil tanker company and buy its remaining shares.The deal ends uncertainty over Euronav's future, after peer Frontline - controlled by Norwegian-born shipping tycoon John Fredriksen - in January scrapped a $4.
Companies from across the U.K. maritime sector and numerous government departments are coming together to develop a vision for making the country a global center of excellence for cruise lines looking to repair and refit their vessels.Britain’s maritime engineering industry already feeds into the cruise industry but sees significant untapped economic opportunity within the £2.
The American Bureau of Shipping (ABS) has awarded Approval in Principle (AIP) for Bumi Armada’s pioneering design for a floating carbon storage and injection unit (FCSIU).Bumi Armada’s FCSIU concept is a floating terminal capable of storing and injecting liquified carbon dioxide (LCO2) into depleted oil and gas fields or aquifers.
American Cruise Lines introduced its first new Coastal Cat, American Eagle, during a christening ceremony in at the Massachusetts Maritime Academy campus on Buzzards Bay last week.Carol Robertson, wife of American Cruise Lines’ founder the late Charles A. Robertson, served as godmother for the ship and christened the 100-passenger American Eagle with one of her handmade
Amsterdam took a first step toward banning large cruise liners under broader plans to reduce mass tourism and pollution, officials said on Friday.Once implemented, the measures adopted by the city council would bring the Dutch capital into line with other high-profile European cities, including Barcelona, Dubrovnik and Venice, that have already cut cruise liner numbers or are considering doing so.
Countries on Friday adopted a revised greenhouse gas (GHG) strategy for shipping that sets a net zero emissions target "by or around 2050", which was viewed by environmental groups as falling short of what was needed. After days of discussion in London at U.N. shipping agency the International Maritime Organization’s (IMO) headquarters, member countries agreed to reach net zero "by or around, i.e.
A Canadian-flagged ship on Wednesday brought ashore debris from the Titan submersible that imploded while on a voyage to the century-old wreck of the Titanic earlier this month, killing all five people on board.Video from the Canadian Broadcast Corporation showed what appeared to be the nose of the submersible and other shattered fragments wrapped in white tarp pulled up by a crane off the
The desperate search for a missing submersible near the wreck of the Titanic entered a critical juncture on Thursday when air was expected to run out for the five people aboard, but officials vowed to continue scouring the remote North Atlantic.A remotely operated vehicle deployed from a Canadian vessel to the ocean floor discovered a "debris field" near the Titanic, the U.S.
Rescuers were in a race against time to find a missing submersible on Tuesday, two days after it lost communication while taking wealthy tourists to see the wreckage of the Titanic in deep waters off Canada's coast.One pilot and four passengers were on board the submersible that disappeared on Sunday.
A submarine on a tourism expedition to explore the wreckage of the Titanic has gone missing off the coast of southeastern Canada, according to the private company that operates the vessel and the U.S. Coast Guard.OceanGate Expeditions said in a statement on Monday that it was "mobilizing all options" to rescue those on the underwater vessel, which typically has five people on board.
Eastern Shipbuilding Group, Inc. (ESG) on Monday announced the delivery of R.B. Weeks, a 8,550 cubic yard capacity trailing suction hopper dredge constructed for Weeks Marine, Inc.“It’s our pleasure to once again deliver a quality vessel on time and on budget to our valued customers at Weeks Marine, Inc.,” said Joey D’Isernia, president of Eastern Shipbuilding Group, Inc. “The R.B.
Photos released by the U.S. Navy on Tuesday show sailors collecting the remnants of a suspected Chinese spy balloon that was shot down by an Air Force fighter over the weekend off the coast of South Carolina.The U.S. military began collecting the debris after the high-altitude surveillance balloon was shot down by an F-22 fighter over the weekend at the orders of President Joe Biden.