Firmus and SUBCO announced a landmark agreement to build a new submarine fiber optic cable connecting Tasmania to mainland Australia, significantly expanding the state's digital capacity and supporting the next generation of AI infrastructure. The new cable, to be named Bernacchi-1 in honor of pioneering Tasmanian-raised scientist and Antarctic explorer Louis Bernacchi
Wind propulsion specialist bound4blue has completed the first installation under its agreement with Maersk Tankers, fitting four 24-meter eSAIL suction sails on the medium-range tanker Maersk Trieste as part of a wider fleet retrofit program.The installation marks the first phase of a contract agreed in December 2024 covering 20 eSAIL units across five Maersk Tankers MR vessels
As weather extremes, aging infrastructure and growing freight demands place increasing pressure on the U.S. inland waterway system, industry and government leaders say one factor is indispensable to maintaining reliable navigation: collaboration.That was the central message from a panel discussion during FreightWeekSTL 2026
A suspected oil spill covering dozens of square kilometres of sea near Iran's main oil hub of Kharg Island has been seen on satellite imagery this week.The likely spill - appearing on images as a grey and white slick - covered waters to the west of the 8-kilometre (5-mile) long island, pictures from Copernicus’s Sentinel-1, Sentinel-2 and Sentinel-3 satellites showed on May 6-8.
Persistent precipitation this spring has resulted in rising water levels throughout the Great Lakes-St. Lawrence River basin and flood conditions in many tributaries. Since March 1, water levels in Lake Ontario have risen from 74.54 meters (244.55 feet) to 75.30 meters (247.05 feet) by April 30, a total increase of 0.76 meters (2.50 feet) in two months.
LD TravOcean, a subsidiary of Louis Dreyfus Armateurs (LDA) Group, has acquired a DP2 multipurpose support vessel as part of efforts to expand its subsea capabilities.The vessel, SIDDIS Mariner, will be renamed TVO Mariner and is scheduled for delivery in summer 2026.The company said the acquisition is aimed at enabling the delivery of integrated subsea solutions combining vessel operations
Ship-refuelling companies along Africa's coast are seeing a surge in business as more vessels divert around the Cape of Good Hope, with war in the Middle East reshaping global shipping routes and boosting the continent's role as a bunkering hub.Carriers have been avoiding the Suez Canal and the Bab el-Mandeb Strait since late 2023, when Houthi attacks on Red Sea shipping began. U.S.
Louis Dreyfus Company B.V. (LDC) appointed Sébastien Landerretche as the Group’s Chief Financial Officer (CFO), effective March 18 and based in Switzerland.Landerretche joined the Group in 2004, leading global ocean freight research, based in China. He subsequently held several key leadership roles based in Singapore, including Regional Head of Oilseeds and Regional Head of Freight for Asia
On November 21, Damen Shipyards Group delivered three new tugs, consisting of an RSD Tug 2513 named Fairplay-98, and two ASD Tugs 2312 named Fairplay-86 and Fairplay-87. The RSD Tugs 2513 and one ASD Tug 2312 have been delivered direct to the Fairplay Towage Group, while the other ASD Tug 2312 was delivered to Neue Schleppdampfschiffsreederei Louis Meyer GmbH & Co. KG.
bound4blue and Amasus Shipping have completed the installation of a 22-meter eSAIL on the general cargo vessel Fluvius Tavy at Astander Shipyard in Santander, Spain. The project marks the companies’ second installation, reinforcing both the scalability of suction sail technology and the growing confidence of shipowners in wind propulsion as a mainstream decarbonization solution.
General Dynamics Bath Iron Works, a business unit of General Dynamics (NYSE:GD), said that the U.S. Navy has exercised an option to add an additional DDG 51 destroyer to the multi-year contract awarded in 2023.Bath Iron Works currently has under construction the Flight IIA Arleigh Burke-class destroyers Harvey C. Barnum Jr.
The Louis-Dreyfus family, shareholder of Louis Dreyfus Armateurs (LDA), and InfraVia Capital Partners, a leading independent private equity company in Europe, have completed the strategic transaction in which InfraVia, through its InfraVia European Fund VI, has acquired an 80% majority stake in LDA.