Green hydrogen developers are cancelling projects and trimming investments around the world, raising the prospect of longer than targeted reliance on fossil fuels.The challenges facing the sector have exposed its initial ambitions as unrealistic.Hard-to-electrify industries that were seen as ideal candidates for green hydrogen, such as steelmaking and long-distance transportation
U.S. Transportation Secretary Sean P. Duffy has announced that the Maritime Administration (MARAD) has awarded $8.75 million in grants to revitalize U.S. shipyards and advance America’s maritime dominance.The funding is part of the Small Shipyard Grant program, which supports advanced training, workforce development and new technologies that strengthen U.S. shipbuilding and repair capabilities.
Saronic accelerates its growth into autonomous shipbuilding with the acquisition of Gulf Craft, a Louisiana-based shipbuilder with a 60-year history of developing manned and unmanned ships for defense and commercial customers.Through this acquisition, Saronic gains a strategically located shipyard on the Gulf Coast that will serve as the prototyping and production hub for its medium unmanned
The domestic passenger vessel answers the call for cleaner and more efficient platforms. It is truly an electric time to be a part of this niche industry.In the shadow of a rapidly changing political landscape, the domestic passenger ferry sector is nevertheless seeing an increasing number of newbuild vessel orders.
Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year's Day, marking the end of decades of Moscow's dominance over Europe's energy markets.The gas had kept flowing despite nearly three years of war, but Russia's gas firm Gazprom said it had stopped at 0500 GMT after Ukraine refused to renew a transit agreement.
Soaring costs, project delays and limited investment put targets out of reachAfter a year of canceled projects, broken turbines, and abandoned lease sales, the global offshore wind industry no longer has much chance to hit the lofty targets set by governments in the U.S., Europe and elsewhere ... with the exception of China.
Rolls-Royce has been selected by Catalina Express of San Pedro, CA (USA) to supply the marine propulsion system for its new high-capacity ferry. The 500-passenger vessel, which will be the largest in the Catalina Express fleet upon completion, will be powered by four mtu 12V4000 M65L engines, delivering a combined output of over 7463 kW (10,000 bhp).
Denmark-based chemical and product tanker operator Uni-Tankers reported solid financial performance for the 2024/25 fiscal year, posting a net profit of $39.5 million and a 24.4% increase in revenue, bolstered by fleet expansion, strong contract performance, and continued investment in digitalization and decarbonization.
The Shipbuilders Council of America (SCA), the national association representing the U.S. shipbuilding, maintenance, and repair industry, announced its annual member safety awards for the 2024 calendar year. This year, 14 shipyards are receiving awards for their achievements in safety. The shipbuilding industry continues to improve on safety metrics year after year.
At least six people died when a migrant boat bound for Spain's Canary Islands capsized off the island of El Hierro as rescuers were escorting it to port, regional emergency services said on Wednesday.The open-topped boat, which according to state broadcaster TVE was laden with around 180 people, went down as it neared La Restinga harbour on El Hierro, the archipelago's smallest island.
Navantia UK has today appointed Donato Martínez as the company's new Chief Executive Officer. Mr Martinez succeeds Juan Ignacio de la Cueva, under whose leadership Navantia UK has accomplished the first steps of the integration of Harland & Wolff, including the unlocking of key investments for the Fleet Solid Support (FSS) program.
ShoreLink delivered its Shore Power Cable Management System at the Port of La Spezia, marking the connection of cruise vessels to shore power and significantly reducing emissions while ships are docked.Following a successful Factory Acceptance Test (FAT), ShoreLink's Cruise Cable Management System has recently arrived in La Spezia and is currently in storage, ready to be deployed.