Captain Morgan McManus will serve as the Ship’s Master on the Empire State VII, the first in a series of five National Security Multi-Mission Vessel (NSMV), which at press time was getting its post-sea trial finishing touches at Philly Shipyard. The project to design, build and deliver the NSMV series is one of the most exciting shipbuilding programs in the U.S.
Companies from across the U.K. maritime sector and numerous government departments are coming together to develop a vision for making the country a global center of excellence for cruise lines looking to repair and refit their vessels.Britain’s maritime engineering industry already feeds into the cruise industry but sees significant untapped economic opportunity within the £2.
The American Bureau of Shipping (ABS) has awarded Approval in Principle (AIP) for Bumi Armada’s pioneering design for a floating carbon storage and injection unit (FCSIU).Bumi Armada’s FCSIU concept is a floating terminal capable of storing and injecting liquified carbon dioxide (LCO2) into depleted oil and gas fields or aquifers.
Countries on Friday adopted a revised greenhouse gas (GHG) strategy for shipping that sets a net zero emissions target "by or around 2050", which was viewed by environmental groups as falling short of what was needed. After days of discussion in London at U.N. shipping agency the International Maritime Organization’s (IMO) headquarters, member countries agreed to reach net zero "by or around, i.e.
A Canadian-flagged ship on Wednesday brought ashore debris from the Titan submersible that imploded while on a voyage to the century-old wreck of the Titanic earlier this month, killing all five people on board.Video from the Canadian Broadcast Corporation showed what appeared to be the nose of the submersible and other shattered fragments wrapped in white tarp pulled up by a crane off the
Offshore oil and gas exploration spending will increase more than 20% globally this year and the growth will continue into the next, oilfield services firm SLB said on Wednesday."Offshore is experiencing a renaissance, with significant breadth and anticipated durability," SLB Chief Executive Olivier Le Peuch said at the JP Morgan Energy Power and Renewable Conference
OSM Maritime Group and Thome Group have received approvals from competition authorities to merge and create one of the world's largest ship management companies.The merged company, OSM Thome, says it will be a powerhouse in the international ship management market, represented in 22 countries and headquartered in Arendal, Norway.
New York City is set to receive its first public hybrid-electric ferry, Mayor Eric Adams announced on Wednesday.The first-of-its-kind vessel—currently under construction at Conrad Shipyard’s facility in Morgan City, La.— will begin transporting passengers to Governors Island in summer of 2024. It will replace the diesel-powered Lt. Samuel S.
At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would make the country the world's largest LNG exporter for years to come.After a dearth of plant approvals last decade
With travel and tourism nearing pre-2020 levels, and transit systems benefiting from a return to work, passenger vessels have seen renewed activity. In its year-end review, John Groundwater, Executive Director of the Passenger Vessel Association (PVA), which advocates for the sector in Washington, D.C.
Shipping group Maersk warned on Wednesday of slowing demand for transport and logistics as a global recession looms and cut its forecast for container demand this year, even as it beat third-quarter earnings expectations. "It is clear that freight rates have peaked and started to normalize during the quarter, driven by both decreasing demand and easing of supply chain congestion
Japan's Marubeni Corporation announced it has conducted a trial voyage onboard one of its chartered ethylene carriers using a marine biofuel blend, from Vlissingen, the Netherlands to Morgan's Point, Texas, as the maritime industry continues to explore ways to decarbonize its operations.