US-based seabed survey and ocean exploration company Ocean Infinity on Tuesday said it had agreed to acquire the Sweden-based subsea survey firm MMT."Ocean Infinity and MMT are excited to announce an acquisition that brings together MMT’s deep expertise and established track record as a distinguished marine survey and data analytics provider and Ocean Infinity’s best-in-class robotic technology
Dry bulk shipping company Golden Ocean Group has entered into a Heads of Agreement to acquire 18 modern scrubbers fitted dry bulk vessels from affiliates of John Fredriksen's Hemen Holding, which is Golden Ocean's largest shareholder, for $752 million.Of the 18 vessels, ten are Newcastlemaxes built 2019-21
Nearly four years into their odyssey at sea, the five-member crew of oil tanker MT Iba [ex-Titan Brave] is tantalizingly close to shore, yet still unable to set foot on dry land.Bleary-eyed and wearing tattered clothes, the men are exhausted from an ordeal that has kept them from their families and aboard the 5,000-tonne vessel long after its owner abandoned it in the Gulf.
Danish offshore support vessel operator Maersk Supply Service will continue providing marine support to The Ocean Cleanup, a nonprofit engineering and environmental organization working to rid oceans of plastic pollution.The Ocean Cleanup’s mission is to develop advanced technologies to rid the world’s oceans of plastic.
Since early Spring 2020, American consumers have received a practical education in supply chain operations. One lesson is that it takes more than simply going online and clicking a “Buy Now” button for goods to show-up on our front porches. While the networks and systems that deliver commodities from around the globe might have been stretched as a result of COVID-19 related impacts
The advent of autonomy in the maritime and subsea space has received a significant boost with the announcement that a pair of U.S. government titans, the United States Navy and NOAA, have inked an deal to jointly expand the development and operations of unmanned maritime systems.“With the strengthening of our ongoing partnership with the Navy
Marine salvors on Wednesday outlined plans to recover the Marconi wireless telegraph from inside the RMS Titanic after being cleared by a U.S. judge in May to retrieve a piece of history from the world's most famous shipwreck.Originally scheduled to embark on the mission to recover the system this summer
Ocean Voyages Institute’s marine plastic recovery vessel, S/V KWAI, docked at the port of Honolulu at the end of June after a 48-day expedition successfully removing 103 tons (206,000 lbs.) of fishing nets and consumer plastics from the North Pacific Subtropical Convergence Zone (more commonly known as the Great Pacific Garbage Patch or Gyre).
BP Plc began turning off production at three platforms in the northern Gulf of Mexico and evacuating workers because of the threat from Tropical Storm Cristobal, forecast to make landfall in Louisiana over the weekend, the company said.Norwegian state-oil company Equinor ASA began evacuating non-essential workers on Wednesday and plans to shut production on Friday at its Titan oil platform if
Search & Rescue algorithm identify hidden “traps” in ocean waters, helping to more quickly identify regions where objects — and missing people — may have converged.The ocean is a messy and turbulent space, where winds and weather kick up waves in all directions. When an object or person goes missing at sea, the complex
New research has revealed the highest levels of microplastic yet recorded on the seafloor, with up to 1.9 million pieces in an area of just one square metre.Published this week in the journal Science, this study shows how deep-sea currents act as conveyor belts, transporting tiny plastic fragments and fibers across the seafloor.
Swiss-based offshore contractor Allseas said it has acquired an ultra-deepwater drillship for conversion to a polymetallic nodule collection vessel.In partnership with deep sea mining company DeepGreen Metals Inc., Allseas is developing a deep-sea mineral collection system to recover polymetallic nodules from the ocean floor and transfer them to the surface for transportation to shore.