President James Earl "Jimmy" Carter passed away on December 29, 2024, at the age of 100.President Carter graduated from the U.S. Naval Academy in 1946 with distinction, after which he was assigned to USS Wyoming (E-AG 17) as an ensign. After completing two years of surface ship duty, Carter applied for submarine duty.
Singapore commissioned two new advanced submarines on Tuesday, vessels its navy says are meant to protect sea lines of communication, and which experts said would range beyond the waters of the tiny city-state to keep tabs on the region.The country's fifth and sixth submarines, the Invincible and the Impeccable
U.S. maritime companies Crowley and SEACOR Holdings on Thursday announced the formal launch of their joint venture Fairwater Holdings LLC, an independent U.S. company integrating the firms’ petroleum and chemical transportation vessels, capabilities and personnel.Active in all major Jones Act coastwise tank vessel trades, Fairwater supports the transportation of petroleum products
Ocean services provider DeepOcean, with its joint venture partners Solstad Offshore and Østensjø Rederi, has taken delivery of a newbuild uncrewed surface vessel (USV), which will be used for subsea survey, inspection, maintenance and repair (IMR) work across offshore energy industries.
Mitsui O.S.K. Lines (MOL) has acquired 100% of the membership rights of LBC Tank Terminals Group Holding Netherlands Coöperatief (LBC), one of the world’s largest independent tank terminal operators primarily handling and storing chemicals in Europe and the United States.With the acquisition, MOL aims to strengthen its chemical logistics business.
American Fan working with Ingalls Shipbuilding and other shipbuilders to provide ventilation fans for ten Flight III destroyersFairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has been awarded multiple purchase orders for its Ohio-based business unit, American Fan
Norwegian vessel management and operations services provider Aurora Offshore, pat of Borealis Group, has welcomed the first of three high-end subsea vessels to the fleet as part of vessels transfer agreed with Sea1 Offshore.The transferred ship, Siem Stingray, is a state-of-the-art subsea vessel built in 2014 and has a 250t AHC Crane, 1300 m2 Deck Area and Accommodation for 110 People.
ClassNK granted its ‘AFVC(FD)(EV)’*1 notation to Positive Challenger, a car carrier operated by Eastern Car Liner Ltd., and managed by ECL Shipmanagement Limited, for vessels equipped with additional firefighting measures for transporting electric vehicles (EVs).Shipping companies are implementing various measures to address EV fires
Mitsui O.S.K. Lines (MOL) and Chevron Shipping Company, a subsidiary of oil and gas giant Chevron, have signed an agreement to install Wind Challenger to a newbuild LNG carrier, which will become world’s first LNG carrier equipped with wind-assisted propulsions system.The is under long term charter from MOL Encean to Chevron Asia Pacific Shipping
Mitsui O.S.K. Lines (MOL) has been awarded an approval in principle (AiP) by ClassNK for the design of a membrane LNG Carrier with Wind Challenger wind-assisted propulsion system.The AiP marks the world's first approval for an LNG carrier with a wind-assisted propulsion system, according to MOL, which developed the design of the system together with Hanwha Ocean.
Mitsui O.S.K. Lines (MOL) has completed the construction of bulk carrier Green Winds, equipped with the Wind Challenger hard sail wind power propulsion system.The construction of the 63,896 DWT Ultramax bulk carrier was completed at Oshima Shipbuilding.MOL Group’s company MOL Drybulk will operate this new vessel.
U.S. soybean export premiums are at their highest in 14 months, as grain merchants race to ship out a record-large U.S. harvest ahead of the U.S. presidential election and fears of renewed trade tensions with top importer China, traders and analysts said.Nearly 2.5 million metric tons of U.S. soybeans were inspected for export last week, including almost 1.