Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division christened amphibious transport dock Fort Lauderdale (LPD 28). Due to the COVID-19 pandemic, the christening was livestreamed, and a small socially distanced event was held with…
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Baltic Dry Index Rises to Highest Peak Since 2010
The Baltic Exchange's main sea freight index on Monday rose to a more than 11-year peak on rising demand for all vessel sizes, with capesize rates extending their winning run to an 11th straight session.The overall index, which factors in rates for cap...
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DOF Subsea Secures Work on Several Offshore Campaigns in Asia Pacific
Norwegian subsea support vessel operator said DOF Subsea said Monday it had won several contracts awards in the Asia Pacific region.According to DOF Subsea, the contracts provide "significant" utilization for resources and vessels in Q3 and…
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Iran Ready to Ship More Fuel to Lebanon
Iran said on Monday it is ready to ship more fuel to Lebanon if needed, a day after the leader of Lebanon's Iran-aligned Hezbollah group said more vessels carrying Iranian fuel would sail soon to help ease the country's fuel shortage."We sell…
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North Star Renewables Secures $131M Loan to Build Offshore Wind Vessels
North Star Renewables, a North Star Shipping subsidiary established earlier this year to target offshore wind business opportunities, said Monday it had finalized a funding package of £96 million (around $131 million) to build its new renewables…
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Only 15km Left to Finish Nord Stream 2 Pipeline, Putin Says
There are only 15 km (9 miles) left to finish the Nord Stream 2 gas pipeline from Russia to Germany that bypasses Ukraine, Russian President Vladimir Putin said on Friday.The $11 billion project doubling the capacity of the first Nord Stream…
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Santos Selects Altera for Dorado FPSO FEED
Australian oil and gas company Santos has awarded the FEED contract for the FPSO for the Dorado project offshore W. Australia to Altera Infrastructure.Located in the Bedout Sub-basin, Dorado is an oil and gas project which is planned to be developed in...
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Port Houston Moving Ahead on Billion Dollar Dredging Project
A Project Partnership Agreement (PPA) between the U.S. Army Corps of Engineers (USACE) and the Port of Houston Authority (Port Houston) was formally presented for the Houston Ship Channel's billion-dollar widening and deepening program, Project…
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Seall Enters Distribution Partnership with Mackay Marine
Aberdeen, Scotland-based Seall has secured a partnership with global marine electronics and service provider Mackay Marine to distribute Seall’s suite of software solutions and products to the maritime industry, as they expand their worldwide footprint...
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Transocean and Dolphin Drilling Make New Bid for Seadrill
Offshore drilling rig contractors Transocean Ltd and Dolphin Drilling have made a new offer to buy the assets of stricken rival Seadrill Ltd, Dolphin's chief executive said on Friday.Oslo-listed Seadrill, founded by Norwegian-born tycoon John Fredrikse...
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