The threat that AI and quantum computing pose to cyber security is already here, even before these technologies are mature enough to crack today’s encryption methods. Bad actors are taking a “harvest now decrypt later” approach to cyberattacks.Classical encryption methods like Rivest–Shamir–Adleman (RSA) and Elliptic Curve Cryptography (ECC) rely on the difficulty of factoring large numbers or
Fast-growing energy demand is driving the need for technical support and guidance in new locations, writes Terrance Roberts, Manager, Global Business Development, ABS.Surging appetite for natural gas is accelerating the development of global and regional supply chains, with established producers seeking new markets and emerging suppliers looking to meet demand from local consumers.
President Donald Trump signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access to nickel, copper and other critical minerals used widely across the economy.The order, which Trump signed in private, seeks to jumpstart the mining of both U.S.
Saronic accelerates its growth into autonomous shipbuilding with the acquisition of Gulf Craft, a Louisiana-based shipbuilder with a 60-year history of developing manned and unmanned ships for defense and commercial customers.Through this acquisition, Saronic gains a strategically located shipyard on the Gulf Coast that will serve as the prototyping and production hub for its medium unmanned
Brazilian President Luiz Inacio Lula da Silva has signed into law a bill authorizing the development of offshore wind farms, a statement said late on Friday, a bid to strengthen the country's energy security and spark a wave of investment.The new law foresees incentives for the development of offshore energy projects in Brazilian territorial waters, the statement said.
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
India approved on Wednesday plans to construct two of a new class of nuclear-powered attack submarines, two defence officials said, in a project estimated to cost about 450 billion rupees ($5.4 billion).As India scrambles to modernise its military in the face of China's growing presence in the Indian Ocean region, it is focusing on boosting naval capabilities
Philly Shipyard on Monday held a steel-cutting ceremony to signal the start of construction on the first of three new Aloha Class liquefied natural gas (LNG)-fueled containerships to be built for U.S. ocean carrier Matson. Matson placed the $1 billion three-ship order with Philly Shipyard in 2022 following the deliveries of Aloha-class vessels Daniel K.
BW LPG on Thursday announced it has agreed to acquire 12 very large gas carriers (VLGC) from Avance Gas in a cash and stock deal valued at more than $1 billion.The deal will see Avance Gas sell off the entirety of its VLGC fleet, including four 91,000-cubic-meter (cbm) vessels built in South Korea in 2022 and 2023 and eight 83,000-cbm vessels built in China in 2015
One of the world’s leading LNG project developers New Fortress Energy (NFE) has completed the first cargo load and sail operation from its floating liquefied natural gas (FLNG) unit offshore Altamira in Mexico.The first cargo has been loaded onto the Energos Princess LNG carrier and will be delivered to NFE’s La Paz terminal.
The maritime industry is seeing significant fleet growth in the containership sector as the volume of newbuild deliveries eclipses previous highs.“Since the beginning of the year, the capacity of the containership fleet has increased by 1.6 million TEU. Compared to one year ago, the capacity has risen 11% to 29.
The National Transportation Safety Board said on Monday it is inspecting key electrical components that were removed from the cargo ship Dali that crashed into a Maryland bridge in March, killing six people and destroying the Patapsco River crossing.In May, the NTSB said the Dali lost electrical power several times before the crash into the Francis Scott Key Bridge