Shares in South Korean shipbuilders HD Hyundai Heavy Industries and Hanwha Ocean rose more than 15% and 16%, respectively, today, after two U.S. senators debuted a bill to allow the U.S. Navy to build naval vessels in a shipyard located in a U.S. allied country.Senators Mike Lee (R-UT) and John Curtis (R-UT) have introduced two new bills aimed at enhancing the readiness and capabilities of the
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The domestic passenger vessel answers the call for cleaner and more efficient platforms. It is truly an electric time to be a part of this niche industry.In the shadow of a rapidly changing political landscape, the domestic passenger ferry sector is nevertheless seeing an increasing number of newbuild vessel orders.
The first commercial application of Volvo Penta’s IPS Professional Platform will power Northern Offshore Services’ next-gen crew transfer vessel. Longtime collaborators Volvo Penta and N-O-S aim to more than satisfy the unique requirements of a possible 25x increase in offshore wind production.
The 2024 IMO Award for Exceptional Bravery at Sea is to go to two sets of nominees: the captain and crew of the oil tanker Marlin Luanda for containing a fire after the ship was struck by an anti-ship missile; and the captain and crew of the tugboat Pemex Maya for their rescue of six shipwrecked people from four different vessels during a hurricane.
The refloat and transit of the M/V Dali from its current location to a local marine terminal is slated for early Monday morning.Optimum conditions call for the transit of the M/V Dali to commence at high tide, predicted to be Monday at 5:24 a.m. The vessel will be prepared at 2 a.m., allowing the M/V Dali to catch the peak high tide for a controlled transit.
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)
ProZero International, a workboat supplier in the Danish Tuco Marine Group, has been appointed as the exclusive distributor of the innovative American “Swamp Shark Drives propulsion systems” across Europe, West Africa, Kenya, and additional regions. This partnership brings a revolutionary solution to the maritime industry
The Maritime Safety Committee (MSC) will meet for its 109th session at IMO Headquarters in London (in-person with hybrid participation) from 2 to 6 December 2024.The meeting will be chaired by Mrs. Mayte Medina of the United States, supported by Vice-Chair, Capt. Theofilos Mozas of Greece.
The Navy’s Maritime Expeditionary Security Force (MESF) operates ashore, at sea and in the waters of harbors, rivers, bays and across the littorals to conduct maritime security operations across all phases of military operations by providing port and harbor security and high-value asset security inland, on coastal waterways, and ashore.According to Lt. Cmdr.
A pair of U.S. boatbuilders have been awarded contracts to deliver up to seventy-three 40-Foot Patrol Boats (40 PB) for the U.S. Navy's Naval Expeditionary Combat Command.The indefinite delivery/indefinite quantity (IDIQ) contracts were awarded to Louisiana-based Metal Shark and Oregon-based ReconCraft
A launching ceremony of the Logistic Support Ship (LSS) Atlante took place at Fincantieri's shipyard in Castellammare di Stabia.Atlante will be delivered in 2025 and is the second unit of this type built for the Navy. The first, Vulcano, was delivered by Fincantieri in 2021.The ships designed to provide logistical support to multiplel national naval components.