ABS awarded approval in principle (AiP) to Overseas Shipholding Group, Inc. (OSG), the parent company of Aptamus Carbon Solutions, for its preliminary design of a liquefied carbon dioxide (LCO2) barge.The development of the barge design is a core component of the Tampa Regional Intermodal Carbon Hub (T-RICH) project to receive
The keel laying of the new research vessel, Thuwal II, for the King Abdullah University of Science and Technology (KAUST) at the Freire Shipyard marks the beginning of a new chapter in marine research in Saudi Arabia, driving innovation in this crucial field for the country. The contract for the newbuild was announced in August 2024.
With a diverse maritime and logistics operation supporting more than 8,000 careers on land and at sea, Saltchuk has a robust workforce development initiative across its brands. Mark Tabbutt, Chairman, Saltchuk, discusses a pair of specific recent investments in Puerto Rico, as well as workforce development as a corporate imperative.
Seattle-headquartered Saltchuk on Wednesday announced it has completed its acquisition of Overseas Shipholding Group (OSG), a New York-listed marine transportation company based in Tampa, Fla.Privately-held Saltchuk—previously OSG’s largest shareholder—said it completed a $950 million transaction to purchase all outstanding shares of OSG common stock at $8.
Tugboat and towboat owners across the nation eye fuel efficiency and emission reduction technologies and techniques in advance of increasingly stringent regulations.he first half of 2025 has seen a great deal of attention on emissions from vessels, with an eye towards their continued reductions in the coming years.
New MariOT testbed aims to strengthen shipboard cybersecurity, train next-gen maritime professionals, and foster global collaboration.Singapore has taken a major step toward fortifying the maritime industry's cyber defenses with the launch of the Maritime Testbed of Shipboard Operational Technology (MariOT), the world’s first industrial-grade cyber-physical training platform for shipboard systems.
Subsea Global Solutions, an underwater maintenance and repair services specialist, has named Eric Smith as Chief Commercial Officer (CCO).With a career spanning leadership roles in maritime operations, commercial management, and strategic business development, Smith brings a wealth of industry expertise to the Subsea Global Solutions team.
South Korea’s KT Marine has welcomed its new vessel, a Fast Ferry 4212 named Hamel, delivered by Dutch shipbuilder Damen.KT Marine placed its order for the vessel earlier this year. Hamel will transport up to 423 passengers at speeds of up to 40 knots.The vessel will operate a route between Yeosu Harbour and Geomundo Island.
Overseas Shipholding Group, Inc. (OSG) extended its adoption of GIT Coatings’ graphene-based propeller coating, XGIT-PROP, across seven additional crude oil tankers. Previously, OSG applied graphene-based propeller coating to one of its crude oil tanker vessels in October of 2023. The first application of XGIT-PROP on an OSG tanker has seen performance gains and fuel savings proven beyond
Maritime Professional Training (MPT), the largest private maritime training school in the U.S., announced it has appointed John F. Flanagan as the school’s Academic Principal, an expansive role that includes overseeing the overall academic management at MPT, including regulatory compliance, curriculum development, faculty training, and strategic planning.
Sentosa Development Corporation (SDC) has announced that Siloso, Palawan and Tanjong Beach will reopen for swimming and all sea activities in August, with Siloso Beach being the first to reopen, with immediate effect after an extensive oil spill cleanup operation.The milestone comes one and a half months after the oil spill on June 14, 2024
The removal of bulk oil from the sea and beaches in Singapore is nearly complete after the Singapore-flagged bunker vessel Marine Honour was hit by Netherlands-flagged dredger Vox Maxima on June 14.The Singapore MPA reports that there has been no observed oil slick along the East Coast and Changi since June 18 based on both satellite and drone images.