Star Bulk Carriers Corp. on Tuesday announced that it has completed its merger with fellow dry bulk shipping company Eagle Bulk Shipping Inc.Eagle Bulk shareholders this week voted to approve the $2.1 billion deal, which was first announced in December 2023.Under the terms of the merger agreement, each Eagle shareholder received 2.
Shaver Transportation (Portland, Oregon) reports that Peter Karneus, Vice President of Sales for the ship assist division, is retiring effective January 2025, succeeded by Bo McCall.Karneus is retiring after twenty-seven years during which he has been instrumental in ship assist sales, including building a new sales team, growing customer relationships
Eureka Naval Craft is introducing its suite of high-speed AIRCAT (air cushion catamarans) surface effect ships (SES), already in use with the offshore energy industry, to the defense market.According to Bo Jardine, CEO of Eureka Naval Craft, a newly formed U.S.-based naval defense company, the versatile suite of AIRCAT naval vessels can serve as a patrol craft, rescue craft
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has welcomed new, including University of Michigan, Maritime Research Alliance, Norwegian University of Science and Technology (NTNU) and World Maritime University, in a move to foster interdisciplinary collaboration between industry and academia.
Integrated Wind Solutions (IWS) has, through its wholly-owned subsidiary IWS Fleet, entered into a frame term agreement with Siemens Gamesa to provide its commissioning service operation vessel (CSOV) fleet for offshore wind farms in North Europe.IWS Fleet will, under the agreement
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) and RMI (formerly Rocky Mountain Institute) are launching Katalist, a not-for-profit ‘book and claim’ registry designed to accelerate the shipping industry’s decarbonization journey.Regulations to reduce the carbon intensity of the marine industry are being introduced by both the EU and the IMO.
A new study from the International Council on Clean Transportation has investigated the feasibility of establishing green shipping corridors for China’s coastal shipping.The researchers assessed whether the ships could be powered by renewable hydrogen, methanol, ammonia or batteries without the need to refuel en route.
Experts to convene in Poland to examine operational and geopolitical challenges in Baltic Sea at Littoral OpTech WorkshopThe Polish Naval Academy in Gdynia, Poland will host the 2024 Littoral OpTech workshop to explore the current trends regarding the operational, economic and geo-political environment in and around the Baltic Sea.
Industry trade group the Offshore Marine Service Association (OMSA) announced the addition of four CEOs to its board of directors.The new board members include Wes Bordelon, Chief Executive Officer, Bordelon Marine; Stacy Jo Stanley, Chief Executive Officer, Offshore Oil Services, Inc.
Louisiana-based Cheramie Marine's offshore support vessel (OSV) Mary Cheramie has been refitted with a pair of new Mitsubishi engines, power solutions provider Laborde Products announced.The vessel's two new Mitsubishi Tier 3 S12R engines, each delivering 1,260 HP at 1,600 RPM, replace the older Caterpillar 3512 engines.