With a diverse maritime and logistics operation supporting more than 8,000 careers on land and at sea, Saltchuk has a robust workforce development initiative across its brands. Mark Tabbutt, Chairman, Saltchuk, discusses a pair of specific recent investments in Puerto Rico, as well as workforce development as a corporate imperative.
Flex LNG Ltd. reported steady third-quarter results for 2025, with a continued focus on maintaining its modern fleet of 13 large LNG carriers at peak operational and financial efficiency.Vessel operating revenues held firm at $85.7 million, with an average Time Charter Equivalent (TCE) rate of $70,921 per day across the fleet. The company reported net income of $16.
Interest in hybrid government and patrol boats is growing as boat builders demonstrate their many benefits.Launched last year at Seawork, Sweden-based Marell Boats says its M17 Patrol was the star of the show with its hybrid powertrain from Scania and propulsion system by Marine Jet Power.
Brad Adams, co-founder of Subsea Estate in Western Australia, has just retrieved vats of his latest wine from the seabed just off the coast of Augusta.Partnered with wife and co-founder Jodee Adams and chief wine maker Emmanuel Poirmeur, he is creating a product unique in the southern hemisphere.
Shipbuilding in the United States has seen a heightened profile with increased attention from Congress and the Trump 2.0 Administration. The ongoing dialogue regarding reinvigorating the U.S. deep sea fleet has brought mainstream attention to vessel construction, which has been nearly absent in recent years.
Liquefied natural gas (LNG) shipping company Flex LNG has informed its chief executive officer (CEO) Øystein Kalleklev resigned from the role.Kalleklev joined Flex LNG in October 2017 and was appointed CEO the following year.Following Kelleklev’s resignation, the company’s board has appointed Marius Foss, chief commercial officer, as interim CEO.
The Offshore Renewable Energy (ORE) Catapult, in partnership with the National Shipbuilding Office and the Crown Estate, have appointed Cammell Laird shipyard to carry out a detailed analysis of the future market opportunity for U.K.-built ships in offshore wind. The work will help develop knowledge of how the U.K.
In the last decade, changing U.S. Administrations have become increasingly tumultuous, as the swings in priorities and directives have a real, material impact on business. Read on for insights on the current and future of U.S. Offshore Wind.In the weeks preceding his late January inauguration
Bristol Harbor Group, Inc. (BHGI) has welcomed Lauren Kirk as a naval architect to its naval architecture and marine engineering firm. Lauren Kirk holds a bachelor’s degree in Naval Architecture and MarineEngineering from Webb Institute.During her time at Webb, Lauren interned at BHGI and Gilbert Associates
The car carrier Morning Midas sank on June 23 following the fire that broke out on board on June 3.The fire was no longer active, but the vessel sank while awaiting the arrival of a tug with long-distance towing capability.“Damage caused by the fire, compounded by heavy weather and subsequent water ingress, caused the Morning Midas to sink at around 16.
The King County Sheriff’s Office Marine Division in Washington has selected Moose Boats to build a new, custom diesel electric hybrid patrol boat.The model M1 will be 46’ long and powered by two Volvo Penta D11-625HP Diesel engines integrated with in-line twin Dan Foss electric motors.