Operating one of the world’s largest marine fleets of any kind, it is Svitzer’s local footprint that speaks volumes for its diverse and far-flung workforce and assets. Strengthened by a multi-national team, providing value in more than three dozen countries, Svitzer stands out every day.
The first commercial application of Volvo Penta’s IPS Professional Platform will power Northern Offshore Services’ next-gen crew transfer vessel. Longtime collaborators Volvo Penta and N-O-S aim to more than satisfy the unique requirements of a possible 25x increase in offshore wind production.
Yemen's Houthis said on Sunday that they had attacked two civilian ships along with an American destroyer in the Red Sea and Arabian Sea, their latest effort to disrupt shipping in what they say is support for Palestinians in Gaza.In a statement, the Houthi military spokesperson, Yahya Saree, said the militant group fired ballistic missiles at the American destroyer
A shortage of U.S. mariners presents a major threat to the United States’ national and economic security, and the problem is growing day by day.According to a 2017 study prepared by the Maritime Workforce Working Group and released by the U.S. Maritime Administration (MARAD), the estimated pool of U.S. mariners actively sailing with unlimited tonnage credentials was comprised of 11,768 mariners.
Skyports Drone Services, a firm specializing in drone delivery and inspection services for healthcare, maritime, logistics and energy use cases, has been conducting a series of Proof-of-Concept Ship-to-Shore beyond visual line of sight (BVLOS) drone flights and deliveries in Michigan’s Great Lakes region.
Noble Corporation’s recent decision to sell the Pacific Meltem and Pacific Scirocco for non-drilling purposes highlights a key issue in the drillship market: What happens to cold-stacked rigs that are unlikely to return to work? With the floater market showing signs of weakness and contract opportunities becoming scarcer, reactivating these units is proving even more challenging.
The U.S. aircraft carrier USS Carl Vinson arrived at the southern port city of Busan in South Korea on Sunday as a show of force against North Korea, South Korea's navy said.It is the first U.S. aircraft carrier to dock at a South Korean port since U.S. President Donald Trump's second term in office began in January.
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
The United States must renew its commitment to a strong, reliable American maritime capability to confront emerging threats. China’s aggressive shipping expansion poses significant challenges to the United States and our allies. Global tensions have highlighted the vulnerability of maritime supply chains
U.S. forces destroyed three Iranian-backed Houthi uncrewed surface vessels in the Red Sea in the past 24 hours, the U.S. Central Command (CENTCOM) said on Saturday.Separately, the Houthis launched three anti-ship ballistic missiles into the Gulf of Aden but there were no injuries or significant damage reported by U.S., coalition, or merchant vessels, CENTCOM added.The U.S.
Guangzhou Shipyard International's (GSI) plan to build the world's largest ammonia carrier vessel has taken a step forward.The Chinese shipbuilder has signed a joint development project (JDP) agreement with classification society Lloyd’s Register (LR) for the design of very large ammonia carrier (VLAC) with a carrying capacity of 100,000 cubic meters (cbm)—larger than a series of 93
Seattle-headquartered Saltchuk on Monday announced it has entered into a definitive agreement to acquire Overseas Shipholding Group (OSG), a New York-listed marine transportation company based in Tampa, Fla., in a deal worth $950 million.Privately-held Saltchuk—OSG’s largest shareholder—said the transaction assigns OSG an aggregate equity value of approximately $653 million.