The 2024 IMO Award for Exceptional Bravery at Sea is to go to two sets of nominees: the captain and crew of the oil tanker Marlin Luanda for containing a fire after the ship was struck by an anti-ship missile; and the captain and crew of the tugboat Pemex Maya for their rescue of six shipwrecked people from four different vessels during a hurricane.
South Korean conglomerate Hanwha Group on Monday raised its offer for the remaining stake it does not already own in Singapore's Dyna-Mac, valuing the offshore oil and gas contractor at S$790.6 million ($605.41 million).The improved offer of S$0.67 per share represents a 35.4% premium to Dyna-Mac's last traded price on Sept. 10, before Hanwha's earlier offer of S$0.60 per share was disclosed.
HD Hyundai Marine shares closed up 97% versus their initial public offering (IPO) price in the company's trading debut on Wednesday, after a 742 billion won ($538 million) IPO, South Korea's largest in two years.The successful listing of the ship maintenance and repair firm, backed by U.S. private equity giant KKR, paves the way for other potential offerings to come to market.
Royal New Zealand Navy ship HMNZS Manawanui ran aground with 75 people on board in Samoa whilst conducting a hydrographic survey of a reef on October 5, 2024, and the final Court of Inquiry report has now been released.An interim Court of Inquiry, released less than two months following the incident
The Massachusetts Port Authority (Massport) today celebrated a record-breaking passenger count at Flynn Cruiseport Boston this year with just over 480,000 passengers, a 29 percent passenger increase over last year.Flynn Cruiseport welcomed a total 167 cruise ships this season –18 more ships and a 12 percent increase over 2023.
The New Zealand Defence Force (NZDF) has issued an update on the HMNZS Manawanui sinking in Samoa saying it is evaluating what is possible to plug the residual diesel engine room leak while planning for the safe removal of containers on the reef and monitoring and assessing the debris field and fuel sheen.The dive and hydrographic ship struck a reef south of Upolu on October 5.