The catastrophic implosion of the Titan submersible that killed five people in 2023 could have been prevented, a U.S. Coast Guard investigative board found on Tuesday, calling the vessel’s safety culture and operational practices “critically flawed.”The Titan vanished during a descent to the Titanic wreck on a tourist expedition, losing contact with its support ship.
Spanish-based Molgas Energy Group, backed by infrastructure investor InfraVia, has finalized the full acquisition of Titan Energy Holding, parent company of Dutch liquefied natural gas (LNG) bunker supplier Titan Clean Fuels.The transaction, which follows Molgas’ initial 45% minority stake, marks a major step forward in the group’s strategic growth in the clean marine fuels sector.
Longtime mariner and investigator Eric Stolzenberg has been named director of the National Transportation Safety Board’s Office of Marine Safety.The office investigates major marine accidents within the United States and its territories, as well as accidents involving U.S.-flagged vessels worldwide.Stolzenberg began his career at the NTSB in 2008 as an engineering investigator.
NYK has started the continuous use of bio-LNG fuel on its LNG-powered car carriers as part of its commitment to maritime decarbonization.The bio-LNG is supplied by Dutch firm Titan Supply at the port of Zeebrugge in Belgium. The first vessel to receive the fuel was Daisy Leader on June 15, and the second was Sumire Leader on July 18.
Titan Clean Fuels and Mitsui O.S.K. Lines (MOL) have completed the first LNG and liquefied biomethane (bio-LNG) bunkering operation in Belgium, as part of a new multi-delivery contract for MOL’s vehicle carrier fleet.On March 16, 2025, Titan’s Alice Cosulich LNG bunkering vessel delivered 500 tons of bio-LNG and 400 tons of conventional LNG to the Celeste Ace vehicle carrier.
Green Yard Kleven and the Brazilian shipowner Oceanica have signed a contract to convert the vessel Oceanicasub XVII from an Anchor Handling Tug Supply (AHTS) vessel to a ship capable of performing Remote Operated Vehicle (ROV) operations.Oceanicasub XVII will be equipped with mezzanine decks for ROV equipment, extended crew capacity, and areas for charterers.
A second multi-purpose tugboat has joined her twin sister at Rijeka, Croatia’s principal seaport, part of a two-tug contract with the Italian shipping group Scafi for its Croatian subsidiary Jadranski Pomorski Servis.Known as BOĞAÇAY LXXII while under construction in Turkiye the tug, renamed TITAN by her new owner, is now working alongside fellow Bogacay Series tugboat MORETTO.
Tributes have been paid to The Maritime Group (International) (TMG) founder Captain John M Cox III following his death at the age of 93.Capt Cox, known to his friends as Jack, died peacefully in Seattle on Thursday November 21 after a short illness.He recently retired as chairman and president of The Maritime Group (International), which included The Maritime Group, Inc.
This week, Van Oord’s trailing suction hopper dredger Vox Ariane completed its first bunkering of bio-LNG.The move follows the July news that NYK has started the continuous use of bio-LNG fuel on its LNG-powered car carriers.There’s been more firsts this year. In February 2025, Furetank conducted its first bio-LNG bunkering.
The catastrophic implosion of the Titan submersible that killed five people in 2023 could have been prevented, a US Coast Guard investigative board found on Tuesday, calling the vessel’s safety culture and manager OceanGate's operational practices “critically flawed.”The Titan vanished during a descent to the Titanic wreck on a tourist expedition, losing contact with its support ship.
Amidst sensational headlines and questionable policy decisions from Washington, D.C., the U.S. offshore energy sector stands resilient. This vital industry not only powers our nation with reliable energy but also enables hundreds of thousands of jobs across all 50 states and strengthens national security.