U.S. Department of Transportation (DOT) announced more than $703 million to fund 41 projects in 22 states and one territory that designed to help improve port facilities through the Maritime Administration’s Port Infrastructure Development Program. Following is the full list of FY 2022 Port Infrastructure Development Grant Awards:ALASKANorth Extension Stabilization Step 1 Project ($68,700,000)
Each year, Marine News magazine profiles 100 leaders in the North American workboat sector.From passenger vessels to towboats, tugs and barges. From dredging and offshore energy to pilot, patrol, fire and police boats. OEMs, service providers, shipyards, owners/operators and the full gamut of marine-related businesses are eligible.
Each year, Marine News magazine profiles 100 of the top firms in the North American workboat sector.From passenger vessels to towboats, tugs and barges. From dredging and offshore energy to pilot, patrol, fire and police boats. OEMs, service providers, shipyards, owners/operators and the full gamut of marine-related businesses are eligible.
Each year, Marine News magazine profiles 100 of the top firms in the North American workboat sector.From passenger vessels to towboats, tugs and barges. From dredging and offshore energy to pilot, patrol, fire and police boats. OEMs, service providers, shipyards, owners/operators and the full gamut of marine-related businesses are eligible.
Each year, Marine News magazine profiles 100 of the top firms in the North American workboat sector. From passenger vessels to towboats, tugs and barges. From dredging and offshore energy to pilot, patrol, fire and police boats. OEMs, service providers, shipyards, owners/operators and the full gamut of marine-related businesses are eligible.
Members of the North and Standard Clubs have voted to approve the merger between the two marine insurance firms, creating one of the largest providers of mutual cover in the maritime industries.The P&I clubs, which revealed plans to merge earlier this year, each held special general meetings on May 27 where members voted to greenlight the move to join forces as a single, larger mutual insurer.
London’s marine insurance market on Monday added all of Russia’s waters to its list of areas deemed high risk, an advisory showed.Guidance from the Joint War Committee, which comprises syndicate members from the Lloyd’s Market Association (LMA) and representatives from the London insurance company market, is watched closely and influences underwriters’ considerations over insurance premiums.
Marine fuel sellers have stopped serving vessels flying the Russian flag at major European hubs including Spain and Malta in another blow to Moscow's exports, five industry sources with knowledge of the matter told Reuters.Losing access to refueling points in the Mediterranean Sea poses major logistical problems for Russian oil tankers going from Baltic ports to Asia and also creates safety
Marine software pioneer Greensea Systems Inc. has launched spin-off company Armach Robotics, that capitalizes on Greensea’s digital expertise to offer a subscription model robotic hull cleaning system using autonomy, intelligence and data fusion to tackle biofouling.Armach Robotics is not a technology company and does not sell robots; it is a service provider offering a subscription for clean
As offshore market activity recovers and continues to increase through the next decade, as we expect it to, oilfield service (OFS) capacity is expected to tighten.As offshore market activity recovers and continues to increase through the next decade, as NorthStone Advisors expect it to, oilfield service (OFS) capacity is expected to tighten.
Norwegian offshore wind services company Edda Wind has ordered three more Commissioning Service Operation Vessels (CSOV) in addition to the six vessels the company has under construction. The vessels are designed for service operations during the commissioning and operation of offshore wind farms.
Ship management firm Eastern Pacific Shipping (EPS) announced it will no longer carry coal cargos on its bulk carrier vessels as a matter of company policy aimed at supporting the global transition away from the fossil fuel.EPS' commercially managed dry bulk fleet hasn't carried coal since April 2020, and the Singapore-based tonnage provider made its commitment official this month