Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on Russian producers and ships curb supplies to Moscow's top customers, traders and analysts said.The U.S. Treasury on Friday imposed sanctions on Russian oil producers Gazprom Neft and Surgutneftegas
Massachusetts Maritime Academy (MMA) officially took custody of its new training ship Patriot State during a handover ceremony on October 11.The vessel is the second of five being built by Philly Shipyard under the U.S. Department of Transportation Maritime Administration’s (MARAD) National Security Multi-Mission Vessel (NSMV) program, designed to provide a purpose-built
Three shipyards have expressed interest in building a long-awaited series of new hybrid-electric car and passenger vessels for Washington State Ferries (WSF).Nichols Brothers Boat Builders in Freeland, Wash.; Eastern Shipbuilding Group in Panama City, Fla. and Philly Shipyard in Philadelphia have sent pre-qualification packages after WSF earlier this year invited shipbuilders to bid
Patriot State, the second vessel in a series of new training ships for the U.S.' state maritime academies, was christened during a ceremony at Philly Shipyard on Monday ahead of scheduled delivery to Massachusetts Maritime Academy in the coming weeks. The vessel is the second of five being built by Philly Shipyard under the U.S.
Washington State Ferries announced it has canceled the sale of two retired vessels after the buyer failed to meet its contractual obligations and left a tugboat crew abandoned in Puget Sound.Sold in August for $100,000 apiece, the decommissioned WSF ferries Elwha and Klahowya had been sold to Nelson Armas, who has gained approval from the U.S.
Massachusetts and Rhode Island are moving ahead with three offshore wind projects totaling 2.9 gigawatts (GW), or enough electricity to power about 1.6 million homes, government officials announced on Friday.The project selections, following a joint solicitation in March for wind farms to be built off of New England's shores
The second vessel in a series of new training ships for the U.S.' state maritime academies has completed sea trials, build manager TOTE Services said.The National Security Multi-Mission Vessel (NSMV) Patriot State, built by Philly Shipyard and scheduled for delivery to the Massachusetts Maritime Academy later this year, completed the trials with participation from the shipyard, vendors
German federal and state governments will invest 400 million euros ($445.84 million) in Meyer Werft, one of the world's top makers of cruise ships, for an 80% stake to secure the future of the company, a local government minister said on Wednesday.The support plan also includes guarantees for 2.
Olympic surfers based in Tahiti will miss out on the spectacle of the Games' opening ceremony on Friday, but might have trumped their Paris-based peers with their accommodation in a freighter-cum-cruise ship serving as a floating athletes' village.With limited accommodation options in the small villages dotted around Tahiti's southern coast
The first in a series if brand new training ships for the U.S.' state maritime academies has had to alter course on its inaugural summer training voyage after running into technical issues. The National Security Multi-Mission Vessel (NSMV) Empire State, built by Philly Shipyard and delivered to SUNY Maritime Academy in September 2023
Deliveries will begin in 2028 if all goes well. Delays and escalating costs have bedeviled the procurement process up until now.Washington State Ferries on Thursday published an invitation to bid on building five new hybrid-electric ferries, an overdue achievement that promises to eventually bring more reliability to cross-Sound ferry service.
Austal has secured a $516 million contract to construct the lead ship of the United States Navy's ocean surveillance program, T-AGOS 25, the Australian defence shipbuilder said in an exchange filing on Friday.The contract, announced on May 19, was originally for $113.9 million for a detailed design of the Auxiliary General Ocean Surveillance Ship T-AGOS 25 Class for the United States Navy