A joint venture project developing the first marine fuel facility for liquefied natural gas in the U.S. Gulf Coast has secured final permits and construction is expected to begin later this year,
Lamprell, Dong Fang Offshore Sign Wind Turbine Installation Vessel Deal
Lamprell has signed a memorandum of understanding (MoU) with Dong Fang Offshore (DFO) for a newbuild NG-9000X wind turbine installation and maintenance vessel.The newbuild vessel will support offshore wind activities in the
Akastor Cancels $25M Sale of Skandi Peregrino AHTS Vessel
Akastor’s fully-owned subsidiary DDW Offshore has canceled the sale of Skandi Peregrino anchor handling tug supply (AHTS) vessel.The agreement to sell Skandi Peregrino AHTS, first announced in early March 2025, was conditional
Ship Recyclers Face Confusing Market Fundamentals
Ship recycling markets saw the U.S. dollar surge against nearly all ship recycling nation currencies (except China) last week, reports cash buyer GMS.Steel plate prices firmed / declined / flatlined in a
EU Ministers Sign Non-Protectionist Maritime Strategy Declaration
EU ministers signed the Szczecin Declaration on the EU maritime industrial strategy during the 11th International Maritime Congress in Poland last week.European Shipowners have welcomed the move, saying that at a time
Coast Guard Investigates Fires in Puerto Rico
The US Coast Guard Sector San Juan marine investigators and vessel inspection teams are investigating two separate and unrelated vessel fires in Puerto Rico.Both vessel fires were successfully extinguished, and there are
Mexican Navy Ship Slams into Brooklyn Bridge: 2 Dead, 17 Injured in NYC Tragedy Update
A Mexican Navy sailing ship festooned with lights and a giant flag crashed into the landmark Brooklyn Bridge on Saturday night, shearing the top of its masts, killing two people and injuring
US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce
A 90-day trade thaw between Washington and Beijing could prove to be a welcome reprieve for the U.S. freight industry, as importers rush to lock in shipments ahead of the busy back-to-school
New Survey Data Highlights Lack of Gender Diversity in Maritime Industry
The second Women in Maritime survey, jointly published by the International Maritime Organization (IMO) and the Women’s International Shipping & Trading Association (WISTA), provides new insights into gender diversity within the industry.
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