Norwegian ship designer and builder VARD has secured on order from France’s Orange Marine for two additional cable laying and repair vessels of the VARD 9 03 design, to be built at Colombo Dockyard in Sri Lanka.The vessels will be based on the same design as CS Sophie Germain, delivered to Orange Marine in July 2023.
Francbord, a new Breton industrial group resulting from the evolution of the Ecomer group, announced its merger with the SME Enag, strengthening the group's position as a supplier of technological solutions dedicated to the maritime sector and industry.This operation was made possible thanks to a new fundraising initiative by the maritime sector decarbonization fund managed by Bpifrance, Unexo
CALCAREA Inc. and AURELIA Design B.V. entered into a collaboration to bring ocean-based carbon capture technology to the maritime sector. The partnership combines CALCAREA’s unique carbon removal process with AURELIA’s experience in green ship design and e-systems integration.At the heart of the collaboration is CALCAREA’s limestone weathering technology — a system that accelerates a natural
The Neoliner Origin, the world's largest cargo sailboat, completed its maiden transatlantic voyage on Thursday (October 30) despite sustaining damage to its aft sail during the crossing, forcing the crew to rely partially on its motor and remaining intact sail.The 136-meter-long (446 feet) vessel, equipped with two semi-rigid sails, first stopped in Saint Pierre and Miquelon
Global current account balances widened sharply in 2024, reversing a narrowing under way since the global financial crisis of 2008-2009, the International Monetary Fund said on Tuesday, warning that tariffs were not the answer.In its annual External Sector Report, which assesses imbalances in the 30 largest economies
Trinidad and Tobago's government is optimistic two flagship offshore gas projects with neighboring Venezuela to be operated by Shell, BP and Trinidad's National Gas Company will move forward amid political changes in the OPEC country, the energy minister of the twin-island nation said on Wednesday.The U.S.
The world’s largest wind-powered, industrial-scale, roll on/roll off vessel Neoliner Origin has returned for its second visit to the only U.S. port it is calling, the Helen Delich Bentley Port of Baltimore.The ship, which uses sails as main propulsion, is operating a monthly service between Saint Nazaire (France) and Baltimore, with stops along the way to Saint-Pierre et Miquelon and Halifax.