Singapore's Cyan Renewables, which operates vessels for offshore wind farms, said on Thursday it will buy its Australian peer MMA Offshore for A$1.1 billion ($725.67 million), marking the largest take-private deal in this space in the Asia Pacific region.MMA shareholders will receive A$2.
A tanker in the Red Sea off Yemen's coast was fired on by gunmen in a speedboat and targeted with missiles, maritime sources said on Wednesday, the latest incident to threaten the shipping lane after Yemeni Houthi forces warned ships not to travel to Israel.A second commercial vessel was also approached by the speedboat in the same area though not attacked
Kongsberg Maritime has been tasked to conduct energy efficiency upgrades on Solstad’s Normand Sentinel, one of its most prominent subsea construction vessels.This upgrade will see the vessel transition to Kongsberg Maritime’s electric rim-drive azimuth thrusters, marking a milestone in maritime energy efficiency.
Eastern Pacific Shipping (EPS) has signed a contract for its first ever wind-assisted propulsion system, partnering with bound4blue to install three 22-metre eSAILs onboard the Pacific Sentinel.The turnkey ‘suction sail’ technology, which drags air across an aerodynamic surface to generate propulsive efficiency, will be fitted in fourth quarter of 2024.
Cyan Renewables, a portfolio company of Seraya Partners, has acquired a majority stake in Sentinel Marine to strengthen its position in the UK offshore wind market and boost its local content.Singapore-based Cyan Renewables, Asia’s first dedicated offshore wind vessel operator, has reached an agreement to acquire a 75% stake in Sentinel Marine
Earlier this week, Secretary of the Navy (SECNAV) Carlos Del Toro along with U.S. Representatives Rob Menendez and Mikie Sherrill visited to Bayonne Dry Dock & Repair Corp. (BDD).As the U.S. places renewed emphasis on navy shipbuilding and ship repair, the SECNAV has made it a point to visit to naval bases, shipyards, depots, training ranges, tarmacs
Bollinger Shipyards this week announced it has begun cutting steel at Bollinger Mississippi Shipbuilding in Pascagoula, Miss. on the first of eight prototype modules that will become the foundation of the first U.S. Coast Guard Polar Security Cutter (PSC), USCGC Polar Sentinel (PSC-1)—the first heavy icebreaker to be built in the United States in 50 years.
The U.S. Coast Guard commissioned its 56th Fast Response Cutter and first one to be stationed in the Pacific Northwest during a ceremony held in Astoria, Ore., Thursday, marking the vessel's official entry into active service.Built by Bollinger Shipyards and delivered to the Coast Guard earlier this year
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), announced it has been awarded a purchase order to provide motor-operated valves (MOVs) through Hunt Valve for the U.S. Coast Guard’s (USCG) Polar Sentinel (WMSP-21). The cutter is the first of three multi-mission vessels that will comprise the Polar Security Cutter program
A new EU agreement on waste shipments is set to remove a legal roadblock to make it possible for a raft of non-OECD ship recycling yards to be included on an EU-approved list, which would unleash much-needed shipbreaking capacity for a massive wave of tonnage due to be scrapped over the coming years, according to green recycling consultancy Sea Sentinels.
Key commercial ports of Guam, Rota, and Saipan have been reopened in the wake of Typhoon Bolaven, the U.S. Coast Guard said."This decision, effective at noon on Oct. 11, 2023, follows meticulous assessments conducted by our dedicated crews and trusted partners." the Coast guard said.
The U.S Coast Guard has awarded Vigor Alaska, a Titan company, a $3.65 million contract to perform maintenance and repairs on U.S. Coast Guard Cutter John McCormick at the Ketchikan Shipyard.Work on the project begins this week and will cover comprehensive maintenance and repair of the vessel.