The U.S. government has awarded a major grant to the Humboldt Bay Harbor, Recreation, and Conservation District for the construction of a new marine terminal to be primarily used for floating offshore wind-related activities.The grant for the Humboldt Bay Offshore Wind MVP (Minimum Viable Port) project comes through the U.S.
An arbitration dispute highlighted in the latest Claims Review by International Transport Intermediaries Club (ITIC) has concluded with a shipbroker settling a $380,000 claim. Accused of breach of contract and negligence for not disclosing critical navigation restrictions to charterers
Kongsberg Maritime has been tasked to conduct energy efficiency upgrades on Solstad’s Normand Sentinel, one of its most prominent subsea construction vessels.This upgrade will see the vessel transition to Kongsberg Maritime’s electric rim-drive azimuth thrusters, marking a milestone in maritime energy efficiency.
Esgian provides an update on new contract awards for Greatship, Transocean, Noble and Stena Drilling in its Week 36 Rig Analytics Market Roundup.Report SummaryContractsGreatship has secured a contract with Cairn for its 350-ft Greatdrill Chetna jackup drilling rig in India. The contract is firm for six months at a dayrate of approximately $90,000, starting in late November or early December 2024.
Thordon Bearings, the pioneer in water-lubricated bearings, secured a new order for a rudder bearing that was fitted to a 77.1m (253ft) research ship that frequently operates in ecologically sensitive marine environments.The 38-year-old Ocean Endeavour, operated by the UK’s Gardline, a multi-disciplinary marine survey company which operates a fleet of 13 multi-role survey ships
Fujian Mawei Shipbuilding and Xiamen Shipbuilding Industry in China have ordered four MAN 10L32/44CR main engines in connection with the construction of a quartet of 41,000 dwt oil-and-chemical tankers for Bremen-based German Tanker Shipping (GTS).The construction of the 199-meter Swedish Fartygskonstruktioner AB-designed newbuildings is set to start at Xiamen Shipbuilding with delivery