The U.S.' National Oceanic and Atmospheric Administration (NOAA) said it expects to award contracts for the construction of two new oceanographic ships by the end of the year. Once in service, the new large oceangoing, multi-mission research vessels will support missions ranging from general oceanographic research and exploration to marine life, climate and ocean ecosystem studies, NOAA said.
New Jersey-based Rand Logistics announced it has entered into a stock purchase agreement to acquire rival Great Lakes shipping company American Steamship Company (ASC) from Chicago-based GATX Corporation for $260 million.Headquartered in upstate New York, ASC operates the Lakes' largest U.S.
While Norway ranks 120th among countries globally in terms of population size (5.3 million), it packs a powerful punch in the maritime world, as Norwegians rank near the top as maritime and offshore industry innovators.As the global maritime markets enters a transcendent period – with decarbonization
Army veteran-turned-Royal Caribbean Cruise Line founder Edwin W. Stephan passed away on Friday at 87 years old."We at Royal Caribbean mourn his loss and extend our deepest sympathies to the Stephan family," said a statement from the global cruise company said.In 1969 Stephan founded the Royal Caribbean Cruise Line, and his contributions helped create the modern cruise industry we know today.
The discussion of the ‘future of class’ seems more relevant today than ever, as the maritime industry navigates a transcendent period, with digitalization, decarbonization and a long list of related safety and risk concerns occupying the attention and budgets of shipowners globally.
General Dynamics (NYSE: GD) appointed General Dynamics NASSCO president Kevin Graney as president of General Dynamics Electric Boat, effective October 1. David J. Carver, NASSCO’s vice president and general manager of repair, will succeed Graney as president of General Dynamics NASSCO. Jeffrey S. Geiger, who has served as president of Electric Boat since 2013, will retire effective September 30.
Gas and variable renewables must work together alongside greater uptake of carbon capture and storage (CCS) to secure a rapid energy transition, according to a new forecast of the energy transition by DNV GL.According to the report '2019 Energy Transition Outlook' published by the international accredited registrar and classification society
The 2019 version of the MarineNews MN100 edition - our annual look at the very best individuals and firms in the shallow draft, brown water and workboat sectors - has come and gone. Anchoring that prestigious list, as always, is R.W. Fernstrum & Company. That's no surprise to MarineNews readers.THE COMPANY:R.W.
The U.S. Great Lakes freighter fleet are well-renowned for being a 'mature' group of ships, a point magnified yesterday when Fincantieri Bay Shipbuilding started construction on the first U.S.-flagged Great Lakes bulk carrier built in more than 35 years. The shipyard and the owner, The Interlake Steamship Company, hosted a ceremonial first-cut-of-steel event Wednesday, August 14
Norway-based floating LNG giant Höegh LNG has signed a time charter contract for a floating storage and regasification unit (FSRU) Höegh Galleon with Cheniere Marketing International.The time charter commences in September 2019 after the delivery of the unit, Höegh LNG’s tenth, from Samsung Heavy Industries Co., Ltd.
Saudi Arabia’s state owned oil company Saudi Aramco will buy 5 million tons of liquid natural gas per year(LNG) from the U.S. company Sempra Energy, based in San Diego under a 20 year agreement.The heads of agreement (HOA) between the companies anticipates the negotiation and finalization of a definitive 20-year liquefied natural gas (LNG) sale-and-purchase agreement (SPA) for five million
Danish gas ship owner Evergas announced that the worlds first Type-C 85,000m3 very large ethane carrier (VLEC) JS INEOS MARLIN was successfully delivered to INEOS Trading and Shipping.The vessel will carry ethane from US to China, said a press release from the company.The vessel has the largest Type-C tank ever made and Evergas has pushed the limit to 85000 CBM with a newly constructed Trilobe