A new generation of hybrid vessels is demonstrating significant gains in both fuel economy and operational output. For Olympic Subsea’s owner and CEO Stig Remøy, it proves that technology-led efficiency is the fastest path to decarbonization—and a powerful business case.When Stig Remøy began pivoting Olympic Subsea toward subsea and renewables a decade ago
Kongsberg Maritime has announced the introduction of two new sizes to its Underwater Mountable, Permanent Magnet (UUC PM) azimuth thruster range, expanding its offering for propulsion solutions for demanding offshore and marine operations.The new additions to the UUC PM 405 model include units with 3.8 m and 4.1 m propeller diameters, delivering 86 and 91 metric tons of thrust respectively.
A Singapore-registered passenger ferry and a Marshall Islands-registered tanker collided off Singapore’s Southern Islands, the Maritime and Port Authority of Singapore (MPA) said, adding that all passengers and crew were safe.The ferry, Horizon 9, was en route to HarbourFront Centre when it collided with the tanker La Digue at around 5 pm local time, the MPA said.
NV5 has unveiled its latest precision hydrography innovations in the Great Lakes, enabling maritime stakeholders to “Own the Lakebed, Master the Mission." To showcase these breakthrough capabilities, NV5 will host a free, live webinar on Wednesday, August 27 at 1:00 PM CT/ 2:00 PM ET, offering a deep dive into how integrated hydrographic, terrestrial
In this live webinar, you’ll discover how our latest hydrographic survey innovations, developed and refined across multiple years of Great Lakes operations, can support your infrastructure, energy, and environmental initiatives.Hydrospatial experts from NV5, NOAA, and Exail will be presenting.
In a move aimed at better serving its customers, Great Lakes East (GLE) has officially relocated its Florida port operations for the Jones Act–compliant Caribbean Breakbulk barge service to Port Canaveral. The new operations are now being managed through GT USA’s Canaveral Cargo Terminal (CCT)—a modern
The Panama Maritime Authority (PMA) has announced a 12% rise in employment contracts for Panamanian seafarers during the first four months of 2025, a promising result attributed to the strategic efforts led by the Seafarer Recruitment Committee.During the closing session of the Committee’s 17th meeting, Felipe Arias, Acting Director General of Seafarers (DGGM)
Companies planning a flagship offshore gas project between Venezuela and Trinidad and Tobago "have not slowed down" work, Trinidad Prime Minister Stuart Young said on Thursday, despite the United States increasing pressure on sanctioned Venezuela and uncertainty over the extension of a license for the project.Following talks with U.S.
Kongsberg Maritime has secured a project to convert the double ended car ferry MF Hamlet to emission-free battery powered operation.The ferry, operated by Öresundlinjen, on the route between Helsingør, Denmark, and Helsingborg, Sweden, will see a major upgrade including installation of large battery packs and new permanent magnet motors for the azimuth thrusters.
Increasingly, maritime finance is tied to the environmental impact of the asset or project.Under Zero-Emission Accelerating Ship Finance (the Program), which is jointly operated by the Development Bank of Japan Inc. (DBJ) and ClassNK, ClassNK evaluated the LNG-fueled car carrier OCEANUS HIGHWAY (IMO No. 1046049), owned by Kawasaki Kisen Kaisha, Ltd. ("K" LINE). DBJ provided financing to "K" LINE.
As the Trump Administration sweeps through its first month in office with a torrent of restructuring in government, it seems even Mickey Mouse is fair game. Cruise operators which service the dominant U.S. cruise market routinely so-called ‘flags of convenience’ outside of the U.S., a provision that allows them to avoid taxation.
Kongsberg Maritime has unveiled a range of innovative methods designed to transform and industrialize the transportation and installation (T&I) of floating offshore wind turbines.The new solutions have been developed to streamline the entire process, from anchor and mooring installation through to electrical cable pull-in, ensuring that turbines are ready to be connected to energy grids