Dating back to the year 1786, Thomas Jefferson wrote to a member of the Continental Congress on the importance of free press keeping government in check. He was quoted as saying if he had a choice between “a government without newspapers or newspapers without a government, I should not hesitate a moment to choose the latter.
▶ Medium-sized containerships to be built by 2028, supported by design, procurement, equipment, and strategic technology investmentHD Hyundai launched a strategic shipbuilding collaboration in the United States, signing with U.S.-based Edison Chouest Offshore (ECO) to establish a strategic and comprehensive partnership for the construction of U.S. commercial vessels.
Austal Limited said that Austal Australasia has been awarded a contract valued between A$265 and A$275 million by Gotlandsbolaget of Sweden for the design and construction of a 130-m combined cycle, ‘hydrogen-ready’ vehicle passenger ferry. Part of Gotlandsbolaget’s ‘Horizon X’ program, the high-speed ROPAX catamaran will be the largest vessel ever constructed by Austal, and feature a unique
You would be hard pressed to find a corporate leader more passionate about the company they lead; more dedicated to the customer they serve. In this case it’s George Whittier, CEO, Fairbanks Morse Defense and the U.S. Navy. Upon his return less than five years ago, Whittier has driven FMD towards the top of the U.S. Navy supply heap, with a string of strategic acquisitions.
It’s already possible to have smart decision support on the bridge: With Furuno’s technology, live video imagery of the front view from the vessel has navigation information superimposed on it including heading, AIS data, radar target tracking, object identification, route waypoint and chart information.SEA.
Fairbanks Morse Defense (FMD) entered into an agreement with IMI plc, to acquire its Birmingham, UK-based Truflo Marine business, a provider of mission-critical valves and actuators.This acquisition will complement FMD’s existing build-to-print capabilities, strengthening its portfolio of high-endurance, severe-duty valves and components.
Vestdavit, a European supplier of advanced davit systems, has entered a new phase in its development through a landmark transaction under which it will be wholly acquired by Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management. The acquisition provides Vestdavit with a stronger commercial platform to drive growth and expand globally across its core naval and
Fairbanks Morse Defense Awarded Contract for FM 175D Engine to Support U.S. Navy’s DDG(X) ProgramFairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), won a contract to provide the U.S. Navy with an FM 175D high-speed diesel generator engine for integration into the DDG(X) land-based propulsion system test site, supporting the U.S.
The maritime and inland waterway sector is at a turning point in the transition towards zero-emission waterborne transport. To accelerate this transformation, the MarLEN (Maritime Low Emission Network) project has been officially launched under the HorizonEurope program. Coordinated by Forschungszentrum Jülich
Danish logistics specialist deugro and its partners Siemens Gamesa Renewable Energy A/S and Amasus Offshore B.V. are moving full steam ahead with the next generation of purpose-built transport vessels for the offshore wind sector. In a key milestone for offshore project logistics, the Rotra Futura was delivered on March 30, 2025, and just four days later
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
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), announced that its Hunt Valve operation has been awarded purchase orders totaling $96 million to provide valves in support of the construction of 12 new Virginia-class and five Columbia-class submarines. This includes ship service ball valves and forged high-pressure system valves.