Firefighters and federal authorities continued working Saturday to contain a hazardous-materials fire aboard the container ship ONE Henry Hudson after an explosion and onboard fire forced the evacuation of all crew members at the Port of Los Angeles, according to the Los Angeles Fire Department (LAFD) and port officials. By 6:30pm local time, the fire had been substantially contained.
Fincantieri has delivered Four Seasons I, the first ultra-luxury cruise yacht built for Marc-Henry Cruise Holdings, a joint owner-operator of Four Seasons Yachts, at its Ancona shipyard.The vessel is described by the Italian shipbuilder as the world’s first intelligent ultra-luxury ship and represents the first Navis Sapiens unit
The U.S. Navy needs to dramatically increase the fleet, especially submarines, but the available pool of skilled workers is not keeping pace.Submarine construction is ramping up. The Navy continues to build Virginia-class submarines, striving for two per year, and is gearing up build the new Columbia-class of nuclear-powered ballistic missile submarines.
TADEK Ocean Engineering, a UK offshore engineering consultancy delivering front-end advisory, through-project delivery solutions and naval architecture analysis, announced its new look leadership team and strategic new senior appointments as the company prepares for further growth.
Webb Institute awarded Dr. James S.C. Chao, Founder and Chairman of Foremost Group, an Honorary Doctor of Science degree in recognition of his visionary leadership in the global maritime industry and his profound commitment to education, philanthropy, and sustainability.The ceremony was held on Webb’s Glen Cove campus before the Board of Trustees, students, and faculty. Dr.
U.S. private equity firm Cerberus Capital Management has expressed interest in acquiring the lease to Australia’s strategically vital Darwin Port, according to a senior executive at Landbridge, the Chinese company currently operating the port.Terry O’Connor, non-executive director for Landbridge in Australia
Egypt is in talks with energy firms and trading houses to buy 40-60 cargoes of liquefied natural gas (LNG) amid a worsening energy crunch ahead of peak summer demand, three sources aware of the matter told Reuters.The country faces spending up to $3 billion at current prices to secure the LNG
TotalEnergies has signed an agreement with Energia Natural Dominicana (ENADOM), the joint venture between AES Dominicana and Energas in the Dominican Republic, for the delivery of 400,000 tons of LNG per year.Subject to the finalization of the supply purchase agreements (SPAs), this contract is set to start in mid-2027, for 15 years, with the price indexed to Henry Hub.
Watson Farley & Williams (“WFW”) advised a consortium of lenders comprising Nordea Bank Abp, filial i Norge (“Nordea”), acting as facility and security agent, Skandinaviska Enskilda Banken AB, ABN AMRO Bank N.V. and Danske Bank A/S on a US$350m revolving credit facility provided to Ardmore Shipping Corporation (“Ardmore”) to refinance Ardmore’s existing revolving credit facilities and for
Four Seasons and Marc-Henry Cruise Holdings Ltd., Joint Owner and Operator of Four Seasons Yachts, announce the appointment of Ben Trodd as Chief Executive Officer of Marc-Henry Cruise Holdings Ltd., effective July 1, 2025. A trusted leader with global experience in luxury hospitality, Trodd brings a combination of strategic acumen, operational expertise
U.S. natural gas futures fell about 6% on Wednesday to a one-week low in volatile contract expiration trade, pressured by an expected decline in gas flows to liquefied natural gas (LNG) export plants.Traders said Freeport LNG in Texas might reduce output and they pointed to forecasts for less demand this week than previously expected.
Indian gas transporter GAIL (India) will operate its 5 million-tonnes-per-year liquefied natural gas (LNG) import terminal in western India during the monsoon season for the first time, after completing a breakwater facility, Chairman Sandeep Kumar Gupta said.The company typically shuts the Ratnagiri terminal — popularly known as the Dabhol LNG plant — for four months from May 25 each year to