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Monthly Archives: December 2021

Insurance Insights: Larger Vessels, Larger Exposures

The blocking of the Suez Canal by one of the largest container ships in service in the world – the Ever Given – in March 2021 caused huge delays to hundreds of vessels waiting to transit the canal, one of the biggest chokepoints on the critical East/We...
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SEA-KIT to Expand Fleet with New 12m USV

Uncrewed surface vessel specialist SEA-KIT International has announced plans to build another of its X-class, 12m USVs as a fleet vessel for launch in 2022. This build, the sixth X-class to be constructed at the company’s Essex base, will pave…
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ABB Power & Propulsion for 100-meter-plus Superyacht

ABB has won a contract to deliver power and propulsion systems for the superyacht to be constructed by the German yacht builder Abeking & Rasmussen shipyard (A&R). Scheduled for delivery in 2025, the 100-meter-plus vessel will be one of the largest eve...
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Svitzer Unveils TRAnsverse Tug

Towage operator Svitzer announced an agreement with Robert Allan Ltd. and Sanmar Shipyards to build its next generation multipurpose tug.According to Svitzer the new smaller and nimbler TRAnsverse Tug is able to generate higher steering forces…
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Crowley Commits to Net-zero GHG Emissions by 2050

As the maritime industry collectively struggles to chart the course toward decarbonization, Crowley today committed to net-zero greenhouse gas emissions across all scopes by 2050, pursuing a path aligned with the latest climate science to limit…
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Parker Towing Promotes Three

Parker Towing, a barging company in the southeastern U.S., announced it has promoted three employees.Jeremy Headley has been promoted to Director of Sales. Prior to Parker Towing, he worked in barge sales and logistics in the marine industry…
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LNG Bunker Barge Clean Canaveral Delivered

Sturgeon Bay, Wis. shipyard Fincantieri Bay Shipbuilding said it has delivered the 340-ft. liquefied natural gas (LNG) bunkering barge, Clean Canaveral, to Polaris New Energy on Friday, December 3.Built as part of an articulated tug and barge unit (ATB...
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