Oman's Asyad Group and France's CMA CGM Group have signed a framework agreement to develop, manage and operate a multipurpose logistics terminal in Sohar, establishing a strategic partnership aimed at boosting maritime connectivity and opening new regional trade corridors.The agreement, signed during the official visit of Sultan Haitham bin Tarik to France
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
The U.S. Coast Guard commissioned its newest Fast Response Cutter, USCGC Vincent Danz (WPC 1162), for official entry into its service fleet during a ceremony held in New York City on Friday.The Vice Commandant of the Coast Guard, Vice Adm. Thomas Allan, presided over the ceremony. Members of the Danz family were also in attendance, including the cutter's sponsor, Angela Donohue
The IMO's Maritime Safety Committee met for its 111th session from May 13 to 22 and adopted a global code for autonomous ships and advanced guidelines for ships operating on alternative fuels.First global code for autonomous shipsIMO adopted a new International Code of Safety for Maritime Autonomous Surface Ships (MASS Code) to support the safe integration of AI-enabled and remotely operated
The United States and French energy major TotalEnergies said on Monday they would redirect nearly $1 billion from offshore wind leases to U.S. oil and natural gas production.The agreement marks a new strategy in the Trump administration's wide-ranging effort to stymie development of U.S. offshore wind projects, which President Donald Trump has said he finds ugly, costly and inefficient.
Facility will include 150,000 square feet of covered manufacturing space optimized for serial productionNew yard will support 200 new jobs and expands shipbuilding capacity Master Boat Builders announced plans to build a new $60 million, 150,000 sq ft manufacturing facility dedicated exclusively to government and defense shipbuilding programs.
Canada's Prime Minister Mark Carney signed an agreement with Alberta's premier on Thursday that rolls back certain climate rules to spur investment in energy production, while encouraging construction of a new oil pipeline to the West Coast.Under the agreement, the federal government will scrap a planned emissions cap on the oil and gas sector and drop rules on clean electricity in exchange for
Fincantieri and the U.S. Navy have reached an agreement to redefine the future of the Constellation-class frigate program, ensuring work continues on the first two ships while cancelling four later units as part of a wider fleet review.The shift follows the Navy’s overhaul of its force-structure plans and aligns with new priorities aimed at accelerating next-generation ship designs and
McAllister Towing’s newest tractor tug, the Gerard McAllister, was delivered from Washburn & Doughty, the fifth in a series of six 84-metric-ton bollard pull, low-emission tractor tugs. She is McAllister’s 42nd tractor tug and the 13th with over 80 metric tons of bollard pull, underscoring the company’s continuation toward a more powerful, hi-tech, and sustainable fleet.
We are well into the discussions advising shipbuilders and operators how the U.S. will create a renaissance of the maritime industry. Federal Legislation, Executive Orders, and new foreign partnerships driving the promise of commercial competitiveness with the leading global shipbuilders. Most of the shipbuilding rhetoric indicates the domestic markets will be left to survive on their own.
Moran Towing Corporation acquired Bisso Towboat Co, as it aims to accommodate growing needs of New Orleans and the Lower Mississippi River communities.Moran was founded in 1860 and is privately owned and operated. It offers ship assist services in 17 ports along the U.S. East and Gulf Coasts and has operated in New Orleans since 2006.
New Wave Media, a leading B2B media company serving the global maritime, offshore energy, subsea and logistics sectors, acquired the Port of the Future Conference & Exhibition, a premier international symposium known for its focus on advancing port infrastructure, technology, and policy.