Shares in South Korean shipbuilders HD Hyundai Heavy Industries and Hanwha Ocean rose more than 15% and 16%, respectively, today, after two U.S. senators debuted a bill to allow the U.S. Navy to build naval vessels in a shipyard located in a U.S. allied country.Senators Mike Lee (R-UT) and John Curtis (R-UT) have introduced two new bills aimed at enhancing the readiness and capabilities of the
Faced with an aging fleet, the Woods Hole, Martha’s Vineyard and Nantucket Steamship Authority has turned to converted offshore support vessels (OSV) to breathe new life into its ferry operations.The operator announced its purchase of the OSVs HOS Shooting Star and HOS Lode Star from Hornbeck Offshore Services in 2022, to replace its open-deck freight vessels Gay Head and Katama
An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, people familiar with the matter said.Chevron last October offered to pay $53 billion for Hess, one of the two biggest deals in the largest wave of consolidation in the oil industry in decades.
A U.S. federal court has charged three men, including two Iranian brothers and a Pakistani national, for an attempt to smuggle Iranian weapons that would be used by Houthi rebels for attacks on maritime shipping.According to the court documents, Shahab Mir’kazei and Yunus Mir’kazei work for Iran’s Islamic Revolutionary Guard Corps, while Muhammad Pahlawan
The hull for Bernhard Schulte (BS) Offshore’s new Commissioning Service Operation Vessel (CSOV) has arrived at Ulstein Verft’s shipyard, marking the start of new phase in the shipbuilding process.The vessel is designed by Ulstein Design & Solutions for ‘walk-to-work’ (W2W) operations, where personnel walks via a motion-compensated gangway from the ship to a wind turbine.
Germany-based Bernhard Schulte Offshore (BS Offshore) and Ulstein Verft have launched a new Commissioning Service Operation Vessel (CSOV), the Yno 320.The launch followed an extensive outfitting phase that included the installation of electrical and mechanical systems, piping, accommodation, and system integration.
American Cruise Lines said that American Legend, the newest small ship in the company’s innovative Project Blue series, was christened in Key West, Florida. The celebration took place while the ship was docked at Mallory Square, just steps from the City’s vibrant town center. American Legend was visiting Key West along one of the company’s popular 8-Day Florida Gulf Coast & Keys cruises
Bisso Towboat Co., Inc. officially christened the M/V Mr. Brian on December 5, 2024, on the Mississippi River while docked at Woldenburg Riverfront Park at the Audubon Aquarium of the Americas.The Mr. Brian is a 100’ x 38’ x 13.5’ ASD Tractor Tugboat and was officially christened with a bottle breaking at 5:00 pm followed by a reception at the Audubon Aquarium - River Terrace Room.The Mr.
The captain of U.S. Navy ship USS Hershel “Woody” Williams has been relieved of his duties after the ship went aground under his command earlier this year.The Navy is still investigating the incident, which saw the 784-foot Lewis B. Puller-class expeditionary mobile base vessel go soft aground near Gabon's port of Libreville on May 9.
Rear Admiral John Okon has been named as the next president of SUNY Maritime College, a public maritime college in the Bronx, New York City.Okon, a retired U.S. Navy officer with more than 33 years of naval service, will succeed Rear Admiral Dr. Michael A. Alfultis, who will retire on July 1 after 10 years at the helm. Okon will become SUNY Maritime's 12th campus president.
Dutch offshore installation firm Van Oord has secured a contract from RWE for the transport and installation of monopile foundations for the Nordseecluster offshore wind project in Germany.This project will be the first project for the Van Oord’s brand-new offshore installation vessel Boreas, which is currently under construction.
Esgian reports shifts in demand in its Week 13 Rig Analytics Market Roundup.Report overview:ContractsADES has received a Letter of Intent (LOI) from PTTEP Energy Development Company Limited for an 18-month jackup drilling contract in the Gulf of Thailand. Operations are expected to begin in the second half of 2024, with an unspecified jackup.