The United States' first Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, has started sea trials ahead of delivery to Dominion Energy planned for later in 2025.The Seatrium AmFELS shipyard in Bronsville, Texas, has been in charge of the construction of the WTIV vessel, the first of its kind to be build in the United States.
Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on Russian producers and ships curb supplies to Moscow's top customers, traders and analysts said.The U.S. Treasury on Friday imposed sanctions on Russian oil producers Gazprom Neft and Surgutneftegas
Generally, government owned vessels, particularly ones engaged in law enforcement, are seemingly last in line when it comes to fuel efficiency. Not so in France, as the Directorate General for Maritime Affairs, Fisheries and Aquaculture (DGAMPA), in late 2024 sealed the deal and commissioned the SOCARENAM-MAURIC consortium to design and build an offshore patrol vessel (OPV) which combines hybrid
BIMCO has launched a Ship Recycling Alliance to help accelerate safe and environmentally sound recycling of ships. The alliance will co-ordinate the voices of the ship recycling industry and the shipping industry and help facilitate the global implementation of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC).
Italy police said on Wednesday they had arrested 61 people across four countries and seized 60 million euros ($67.1 million) following an investigation into international drugs trafficking and money laundering.The case had revealed criminal drugs ties between Albania and Latin America, and once again showed how criminals in Europe are using shadow networks of illicit Chinese money brokers
Austal USA LLC has pled guilty and has agreed to pay $24 million to resolve an investigation by the U.S. Justice Department related to an accounting fraud scheme and efforts to obstruct the Defense Contract Audit Agency (DCAA) during a financial capability audit.The Justice Department’s criminal resolution was coordinated with the U.S. Securities and Exchange Commission (SEC).
A global operational alliance between two of the world’s largest container shipping companies will not go into effect next week as planned following a move by the U.S. Federal Maritime Commission to study the potential competitive impacts of the arrangement.The FMC said on Friday it is seeking more information to determine the potential competitive impacts of the proposed Gemini Cooperation
DEME's new fallpipe vessel—the world's largest—was officially named Yellowstone by Her Royal Highness Princess Astrid, Princess of Belgium, during a ceremony in Zeebrugge on Tuesday.Originally a bulk carrier, the ship was converted at Pax Ocean Shipyards in Singapore for rock placement work in the offshore energy industry.
American aerospace manufacturer ULA on Wednesday announced it has ordered a new ship to transport rockets from its factory in Decatur, Ala. to launch sites at Cape Canaveral Space Force Station in Florida and Vandenberg Space Force Base in California.ULA said it awarded a contract to build the 356-foot-long roll-on/roll-off vessel to Bollinger Shipyards
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)
New York-based Kalypso Offshore Energy on Monday announced it is teaming up with Dutch marine technology group and shipbuilder Royal IHC to design and construct a Jones Act compliant cable lay vessel (CLV)—the first purpose-built for the U.S. offshore wind market.Under a newly signed letter of intent (LOI), the partners are working together to finalize contract
The United States' first Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, was launched into the water at the Seatrium AmFELS shipyard in Brownsville, Texas.The 472-foot WTIV—the first and only to be constructed in the U.S.—is being built for Blue Ocean Energy Marine, a subsidiary of Dominion Energy, who announced the milestone on Monday.