Marine towage provider Svitzer announced it has inked a deal Turkish shipbuilder Uzmar to build a world-first battery-methanol tug for scheduled delivery in the second half of 2025.Designed in collaboration with naval architect Robert Allan Ltd, the first-of-its-kind tug will be based on Svitzer’s TRAnsverse tug design and feature a 6MWh battery supported by dual fuel methanol engines for
“The enormity of this disaster is hard to imagine without seeing it in person…It may sound dramatic but given the wreckage field created by the collapsed bridge, the environment divers are working in, and the dangers posed to them, is like cleaning the site of 9/11 with blinders on.” - Rick Benoit, Emergency Management specialist at the U.S.
The 2024 IMO Award for Exceptional Bravery at Sea is to go to two sets of nominees: the captain and crew of the oil tanker Marlin Luanda for containing a fire after the ship was struck by an anti-ship missile; and the captain and crew of the tugboat Pemex Maya for their rescue of six shipwrecked people from four different vessels during a hurricane.
Australian shipbuilder Austal said on Tuesday it had rejected an A$1.02 billion ($662 million) takeover offer from South Korea's Hanwha Ocean as it was unlikely to be approved by Australian and U.S. regulators due to the sensitivity of its operations.The Western Australia-based firm said it had received a bid at A$2.825 per share, representing a premium of 28.4% to Austal's last closing price.
Russia is hoping its shipments of liquefied natural gas (LNG) will offset a sharp fall in pipeline gas exports to Europe, but a shortage of gas tankers and sanctions hold back its plans, analysts and industry sources said.Russia wants to boost its share of the LNG market to 20% by 2030 from 8% now
Senator Wesley Livsey Jones gave his name to the famous “Jones Act” governing U.S. domestic maritime trade. But what do really know about him? It turns out that he was much more than a leading merchant marine policy maker. (i)Jones had a long career in the U.S. House of Representatives before he was a Senator, was an effective legislator, an astute politician
Ocean services provider DeepOcean has secured a long-term subsea inspection, maintenance and repair (IMR) contract from Equinor, its largest contract on record.The eight-year contract will set a new benchmark for digitalized and environmentally friendly IMR operations.Equinor and DeepOcean have signed a contract for IMR services covering the period 2027-2035 for Equinor-operated assets on the
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.
A. P. Møller-Mærsk's newly developed design for an ammonia-fuelled 3,500 TEU container vessel has earned approval in principle (AIP) from classification societies Lloyd’s Register (LR) and the American Bureau of Shipping (ABS).Led by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, the design project also involved MAN Energy Solutions, Deltamarin, Eltronic FuelTech.
The two classification societies American Bureau Of Shipping (ABS) and Lloyd’s Register (LR) have issued an approval in principle (AiP) for a new ship design of an ammonia-fueled 3500 TEU container vessel.A cross-industry taskforce including A. P. Moller-Maersk, MAN Energy Solutions, Deltamarin, Eltronic FuelTech
HD Hyundai Marine shares closed up 97% versus their initial public offering (IPO) price in the company's trading debut on Wednesday, after a 742 billion won ($538 million) IPO, South Korea's largest in two years.The successful listing of the ship maintenance and repair firm, backed by U.S. private equity giant KKR, paves the way for other potential offerings to come to market.
New York based McAllister Towing announced it has taken delivery of its new shipdocking tractor tug Grace McAllister from East Boothbay, Maine shipyard Washburn & Doughty.Equipped with 3516E Tier IV Caterpillar engines powering twin Schottel SRP 490 Z-drive units, the 93- by 38-foot vessel produces 6,770 horsepower and achieved over 85 metric tons during bollard pull certification.