At least seven people were killed after part of a boat dock collapsed, sending at least 20 into the Atlantic waters off the coast of the U.S. state of Georgia.U.S. Coast Guard ships were searching on Saturday night for missing people.The accident, which also caused multiple injuries, happened during a celebration of Sapelo Island's tiny Gullah-Geechee community of Black slave descendants
The 2024 IMO Award for Exceptional Bravery at Sea is to go to two sets of nominees: the captain and crew of the oil tanker Marlin Luanda for containing a fire after the ship was struck by an anti-ship missile; and the captain and crew of the tugboat Pemex Maya for their rescue of six shipwrecked people from four different vessels during a hurricane.
Australian shipbuilder Austal said on Tuesday it had rejected an A$1.02 billion ($662 million) takeover offer from South Korea's Hanwha Ocean as it was unlikely to be approved by Australian and U.S. regulators due to the sensitivity of its operations.The Western Australia-based firm said it had received a bid at A$2.825 per share, representing a premium of 28.4% to Austal's last closing price.
On the second full day of this year’s Passenger Vessel Association’s 2025 Maritrends conference, the weather probably couldn’t have been much nicer; especially when it involved a tour and test ride on the new Artemis Technologies EF-12 Escape.The high-end water taxi, in the process of being introduced to US markets, was everything its creators promised, and perhaps just a little more.
Artemis Technologies, a world leader in commercial efoiling vessels, today released its Future of Sustainable Transit Report.Conducted by accredited third-party research firm, Censuswide, this report features insights from 2,000 Americans on their key grievances regarding public transit and the changes they are hoping to see in their cities when it comes to more sustainable modes of
South Korean conglomerate Hanwha Group on Monday raised its offer for the remaining stake it does not already own in Singapore's Dyna-Mac, valuing the offshore oil and gas contractor at S$790.6 million ($605.41 million).The improved offer of S$0.67 per share represents a 35.4% premium to Dyna-Mac's last traded price on Sept. 10, before Hanwha's earlier offer of S$0.60 per share was disclosed.
With a mission to power the current and next-generation of GPS-enabled products and systems, XONA Space Systems keeps the mantra ‘precision, power and protection’ in all that it does as this 2020-start-up designs, builds and launches its fleet of low earth orbit satellites. We spoke with XONA CEO Brian Manning for his insights on how this could impact the maritime
HD Hyundai Marine shares closed up 97% versus their initial public offering (IPO) price in the company's trading debut on Wednesday, after a 742 billion won ($538 million) IPO, South Korea's largest in two years.The successful listing of the ship maintenance and repair firm, backed by U.S. private equity giant KKR, paves the way for other potential offerings to come to market.
U.K.-based Artemis Technologies is opening its first U.S. office in response to "significant interest" for its electric, hydrofoiling vessels in North America, the company announced.The new office in New York's Brooklyn Navy Yard will serve as Artemis Technologies' central hub for its North American operations and positions the company to better serve its U.S.
Australian shipbuilder Austal said on Tuesday it had rejected an A$1.02 billion ($662 million) takeover offer from South Korea's Hanwha Ocean as it was unlikely to be approved by Australian and U.S. regulators due to the sensitivity of its operations.The Western Australia-based firm said it had received a bid at A$2.825 per share, representing a premium of 28.4% to Austal's last closing price.
Seattle-based maritime data analytics company ioCurrents announced it has inked a partnership deal that makes marine power solutions provider MER Equipment an official reseller of its MarineInsight platform.MER Equipment, also based in Seattle, designs, builds, and supports propulsion systems, marine and industrial generators, power distribution systems