All-Cash Deal, Expanding Brazil FootprintTidewater Inc. (NYSE: TDW) has signed a definitive agreement to acquire Wilson Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively, WSUT) in an all-cash transaction valued at approximately $500 million, including the assumption of existing debt.
Brazil's Federal Audit Court (TCU) on Monday voted six to three to recommend that operators of existing container terminals at the Santos port be barred from participating in the first phase of bidding for a planned mega terminal, citing concerns over market concentration.The decision deals a blow to companies such as Danish shipping group Maersk
A large buildup of U.S. naval forces in and around the Southern Caribbean has officials in Caracas and experts in the United States asking: is the move aimed at combating drug cartels, as the Trump administration has suggested, or is it for something else entirely?Seven U.S. warships, along with one nuclear-powered fast attack submarine, are either in the region or are expected to be there soon
Confusion over new fuels will not be helped by the fact that each one has a good and bad version. The science on grey ammonia, grey methanol, and palm oil biofuel show that these are probably worse for the planet, if adopted, than unfettered continuation of fossil fuel consumption.
The Unified Command, consisting of the US Coast Guard, Spectrum OpCo (Operator), and the Louisiana Oil Spill Coordinator's Office (LOSCO), continue to respond an oil and natural gas release in coastal Louisiana.This spill occurred on April 26 in a marsh environment near the Garden Island Bay Production Facility company's well in Plaquemines Parish, southeast of New Orleans, Louisiana.
At the 163rd ABS Annual Members Meeting, the classification society says it has never been stronger, with substantial growth and leading safety performance reported. Key numbers in 2004 included the fleet growing to 300 million gross tons, giving it pole position in global class in global new order share with 22 percent.
SCHOTTEL has been chosen by Spanish shipyard GONDAN to provide the propulsion package for the Northern Lighthouse Board’s (NLB) newest vessel, POLE STAR. The ship was officially named on January 21, 2026 by Her Royal Highness The Princess Royal, Patron of the Northern Lighthouse Board.
Pole Star Defense closed Q4 2025 with two federal wins: a $36 million, three-year renewal with the U.S. Coast Guard and a new five-year contract with the U.S. Army Corps of Engineers. Together, the awards extend the company’s role as a provider of maritime domain awareness to U.S. government customers.
Pole Star Global, a leader in maritime intelligence and regulatory compliance solutions, announced the launch of the Maritime Transparency Index (MTI) — a machine learning-powered risk scoring system that transforms maritime compliance from complexity into clarity.MTI assigns vessels, voyages, and associated parties transparent scores from 0 (Hard Dark) to 5 (Transparent)
Iridium Communications Inc., a provider of global voice, data, and PNT satellite communications, unveiled a miniature application-specific integrated circuit (ASIC), the Iridium PNT ASIC. Engineered for integration into a wide range of electronic devices, the Iridium PNT ASIC will deliver authenticated, pole-to-pole positioning, navigation, and timing (PNT) data.
Sea, the intelligent marketplace for fixing freight, and Pole Star Global, the maritime compliance authority behind PurpleTRAC, have together transformed how charterers, compliance teams, and legal administrators manage regulatory risk.Now fully integrated, Sea’s Recap Manager, a solution for recap and contract management
On April 5, 2025, Moran Towing celebrated the christening of the Mary Jane Moran with their crews, customers, port partners, and the family of the namesake in Port Arthur, TX. The event marked the arrival of a powerful new tug and honored a family who have been a part of our story for decades.