SBM Offshore has secured project financing worth $465 million for the Chalchi floating storage and offloading (FSO) vessel, being built for Woodside Energy's Trion project offshore Mexico.The financing has been provided by a consortium of international banks and institutional investors and includes partial insurance cover from China Export & Credit Insurance Corporation.
American Cruise Lines christened American Maverick in Newport, Rhode Island last week during the ship’s inaugural 9-Day New England Islands cruise, sailing roundtrip from Providence, Rhode Island. The celebration took place on board with guests, crew, community partners, and many employees from the Line’s headquarters in Connecticut.
Energy services firm EnerMech has signed a multi-year global collaboration agreement with Norway-based technology company Optilift to expand technology-enabled crane and lifting operations across the offshore energy sector.The agreement combines Optilift’s digital lifting technologies and smart sensor systems with EnerMech’s global lifting services and offshore support network spanning 26
American Cruise Lines has announced that new riverboat American Encore was christened in Lewiston, Idaho on May 12th. The boat’s inaugural 9-Day Columbia & Snake Rivers cruise departed from Stevenson, Washington on May 6th with guests also enjoying an included hotel stay in Portland, Oregon on May 5th.
Wärtsilä Water & Waste, part of technology group Wärtsilä, has introduced a flexible and modular grease trap product line designed to separate fats, oils and grease from galley wastewater streams onboard merchant vessels, cruise ships and offshore platforms. The solution supports improved wastewater management while contributing to protection of the marine environment by capturing fats, oils
The American Association of Port Authorities (AAPA) Board of Directors announced the appointment of Sang Yi as President and Chief Executive Officer (CEO), effective May 4.Most recently, Yi served as Deputy Administrator of the U.S. Department of Transportation’s Maritime Administration (MARAD), where he oversaw key programs supporting the nation’s commercial and strategic maritime infrastructure.
Online Oceans, a UK company building autonomous surface vessels and fleet software for defense and maritime security, has raised USD$5.4 million (£4 million) in funding led by Seraphim Space. The round also includes participation from investors, including Peter Rive, co-founder of SolarCity, Frank Thieser and Florian Seibel, founders of Quantum Systems, and Koro Capital.
Massachusetts Maritime Academy (MMA), a top-ranked public university with undergraduate degree programs focusing on science, engineering, technology, math, and business that blend academics and experiential learning, announced the reappointment of Elizabeth B. Simmons, vice president of external affairs, to the reconstituted Seaport Economic Council.
Seventeen students from seven U.S. and El Salvador maritime academies and universities have been selected as the 2025 recipients of the Thomas B. Crowley Sr. Memorial Scholarship. The scholarship recognizes students who demonstrate exceptional academic achievement and dedication to their studies related to the maritime industry. The scholarship honors the legacy of Thomas B. Crowley Sr.
After sustaining extensive damage in a December 2024 fire, the tug Lucinda Smith has returned to the water with a fresh start powered by Mitsubishi S12R-Y3MPTAW-3 Tier 3 engines rated at 1260HP @1600RPM each. The repower was completed by Windward Power with support from Laborde Products, giving the rebuilt vessel renewed strength and reliability for her work on the East Coast.
American Cruise Lines has announced that the newest cruise ship in the country, American Pioneer, was christened in Key West, Florida on Monday, November 10. \American Pioneer is the 21st ship in the American Cruise Lines fleet. The inaugural cruise followed the company’s new 16-Day Grand Florida Coast & Keys itinerary, which explores both the Atlantic and Gulf coasts of Florida.
SunStone Maritime Group A/S, touted as the world’s largest tonnage provider to the expedition cruise industry, announced the delivery of the seventh and final vessel in this first series of newbuilds, the Douglas Mawson. The delivery took place at China Merchants Heavy Industry in Haimen, China, on September 9, 2025.