KR (Korean Register) signed a Memorandum of Understanding (MoU) with HD Hyundai Heavy Industries (HD HHI) to jointly develop a very large ethane carrier (VLEC).The new VLEC to be developed under the partnership will have a cargo capacity exceeding 100,000 m3.It will be designed to maximize cargo volume while minimizing changes to the main specifications of conventional vessel designs.
The UK Marine Accident Investigation Branch (MAIB) has released its interim report on the foundering of the Bayesian, saying the yacht may have been vulnerable to high winds and that such winds may have been evident at the time of the accident.On 19 August 2024, the UK registered large sailing yacht Bayesian foundered in high winds 0.5 nautical miles south-east of the port of Porticello, Italy.
A new era in Canadian shipbuilding is underway as Seaspan Shipyards has been awarded the contract to build one of the Canadian Coast Guard’s (CCG) next-generation heavy polar icebreakers. This landmark project, part of the National Shipbuilding Strategy (NSS), will reinforce Canada’s Arctic sovereignty, economic development
[The following are exerpts and paraphrasing from testimony given by Matthew O. Paxton, President of the Shipbuilders Council of America (SCA), to Congress on the morning of February 26, 2025.]While maritime strength and shipbuilding historically have been a cornerstone of global power, shifting times and geopolitical pressures impact readiness and output.
UC San Diego’s Scripps Institution of Oceanography issued a request for proposals (RFP) to select a shipyard for the final design and construction of its new 163-ft. Coastal Class Research Vessel (CCRV), reportedly the first oceanographic research ship to primarily operate on renewable fuels.
Marine towage provider Svitzer announced it has inked a deal Turkish shipbuilder Uzmar to build a world-first battery-methanol tug for scheduled delivery in the second half of 2025.Designed in collaboration with naval architect Robert Allan Ltd, the first-of-its-kind tug will be based on Svitzer’s TRAnsverse tug design and feature a 6MWh battery supported by dual fuel methanol engines for
Germany's lower house of parliament and the state parliament of Lower Saxony have approved the rescue of Meyer Werft, one of the world's biggest cruise ship builders, members of the budget committee told Reuters on Wednesday.Although the shipbuilder's order books are full, it has an almost 2.8 billion euro ($3.
The U.S. government signaled in a court filing on Wednesday for the first time that it may file a claim against the owner of the ship that caused the March collapse of the Francis Scott Key Bridge in Baltimore.U.S. Justice Department attorney Laine Goodhue submitted a letter, opens new tab notifying U.S.
U.S.-based offshore drilling contractor Noble Corporation on Wednesday announced it has completed its acquisition of peer Diamond Offshore Drilling. The merger creates the industry's largest fleet of 7th generation dual-BOP drillships and adds 4.8 rig years and approximately $2 billion to the Noble backlog, which now stands at $6.7 billion.
A power outage in the Rotterdam port area in the Netherlands briefly interrupted operations at one of Europe's biggest oil refineries on Tuesday, the plant's operator BP said.Electricity grid operator TenneT said the problem was solved shortly after 1000 GMT. It said that BP's 400,000 barrels per day oil refinery, Europe's second largest, was among the plants affected
The all-electric tugboat HaiSea Wamis is the first of HaiSea Marine’s five new eco-friendly tugs to travel from North Vancouver to the company's base of operations in Kitimat.A team of eight Haisla members piloted the HaiSea Wamis home, marking a milestone for HaiSea Marine, a partnership primarily owned by the Haisla Nation and Seaspan ULC.
Noble Corporation has entered into a definitive agreement to acquire Diamond Offshore, creating a fleet of 41 rigs - including 28 floaters and 13 jack-ups, and a combined backlog of approximately $6.5 billion.Noble will acquire Diamond in a stock plus cash transaction, whereby Diamond shareholders will receive 0.2316 shares of Noble, plus cash consideration of $5.