Kraken Robotics Inc. announced the passing of founder and former CEO, Karl Kenny on February 11, 2025, at the age of 64. Karl founded Kraken in 2012 and was instrumental in building the company into a leading player in subsea robotics over his 10-year tenure, before retiring in December 2022.
President James Earl "Jimmy" Carter passed away on December 29, 2024, at the age of 100.President Carter graduated from the U.S. Naval Academy in 1946 with distinction, after which he was assigned to USS Wyoming (E-AG 17) as an ensign. After completing two years of surface ship duty, Carter applied for submarine duty.
A surge of attacks on ships traveling the waters of the Red Sea is forcing shippers to reroute their vessels, sending them on longer journeys that drive up their carbon dioxide emissions.For companies struggling to account for – and lower – the climate-warming emissions associated with their businesses, these rerouted journeys add to the challenge.
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
Golar LNG Limited sold the 2003 built steam turbine LNG carrier, Golar Arctic for $24 million before transaction-related expenses, wit the transaction expected to close, and the vessel is to be handed over to its new owner within Q1 2025. Following the vessel sale, Golar will have fully exited its legacy shipping business.
Green Yard Kleven and the Brazilian shipowner Oceanica have signed a contract to convert the vessel Oceanicasub XVII from an Anchor Handling Tug Supply (AHTS) vessel to a ship capable of performing Remote Operated Vehicle (ROV) operations.Oceanicasub XVII will be equipped with mezzanine decks for ROV equipment, extended crew capacity, and areas for charterers.
House Committee on Oversight and Accountability has released an interim staff memorandum providing an update on the Committee’s ongoing investigation into the United States Coast Guard (USCG) following allegations of pervasive sexual assault and misconduct.The memorandum details how the USCG concealed “Operation Fouled Anchor” from Congress
Subsea Global Solutions reports that authorities in Singapore have granted approval of its hull cleaning services for vessels, allowing underwater cleaning to take place while vessels are engaged in cargo work at the terminal. The approved cleaning procedure requires the use of a Cleaning Remotely Operated Vehicle (C-ROV) equipped with an integrated filtration plant
Norwegian company Akastor has signed an agreement for the transfer of all of Mitsui’s interests in AKOFS Offshore, a provider of vessel-based subsea well construction and intervention services, for $22.5 million.The agreement is entered into on an ‘as is’ basis and includes all of Mitsui’s interests in AKOFS Offshore, which cover both equity and shareholder loans.
All American Marine (AAM) has been contracted to design and build a 108’ x 32.5’ hybrid passenger vessel for Harbor Breeze Cruises that will operate in and around the Los Angeles/Long Beach port complex.The vessel will be designed with twin MAN D2862 EPA Tier 4 engines, supplied by Northern Lights, and including an SCR system and a diesel particulate filter.
U.S. soybean export premiums are at their highest in 14 months, as grain merchants race to ship out a record-large U.S. harvest ahead of the U.S. presidential election and fears of renewed trade tensions with top importer China, traders and analysts said.Nearly 2.5 million metric tons of U.S. soybeans were inspected for export last week, including almost 1.
Golar LNG signed an agreement with CIMC Raffles for a MK II Floating LNG Production (FLNG) vessel with an annual liquefaction capacity of 3.5 million tons of LNG per annum (mtpa).Black & Veatch will provide its licensed PRICO® technology, perform detailed engineering and process design