Yara Marine Technologies is accepting applications for the second edition of its 3-month tailored startup accelerator program, Yara Marine X, a program that offers companies a opportunity to develop and pilot their innovative solutions while supported ...
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Rystad: FPSO Contracts in 2021 Hit Pre-Pandemic Levels. Ten New Orders Expected in 2022
According to Rystad Energy research, the market for floating production, storage, and offloading (FPSO) units almost brushed off the pandemic's effect in 2021, driven mostly by Brazil demand, and is predicted to continue apace in 2022, with…
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Egypt Closes Two Mediterranean Ports Due to Bad Weather
Egypt closed the two Mediterranean ports of Alexandria and Dekheila on Monday as a result of bad weather, the Alexandria Port Authority said in a statement.The ports will remain closed until the weather improves, the authority said.The ports…
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HII Launches Amphibious Transport Dock Richard M. McCool Jr. (LPD 29)
Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division launched the amphibious transport dock Richard M. McCool Jr. (LPD 29). Richard M. McCool Jr., the 13th LPD in the San Antonio class of amphibious assault force ships, will support...
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Rolls-Royce Completes Sale of Bergen Engines
Rolls-Royce said it has completed its sale of Norwegian maritime engine business Bergen to U.K.-based Langley Holdings.The deal, first announced in August, is part of Roll-Royce's wider disposal plan to help repair its finances damaged by pandemic.
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The Shearer Group Promotes Two
Naval architecture and marine engineering firm The Shearer Group, Inc. (TSGI) announced it has promoted two members of its team.The Houston-headquartered designer of inland towboats, ferries, workboats, marine construction equipment and barges said on ...
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DP World to Build Dry Port in India’s Jammu and Kashmir
Dubai ports giant DP World is set to build an inland port in Jammu and Kashmir as part of plans by the emirate to invest in the Indian territory, the head of the region said on Thursday.The Indian government last year said Dubai, part of the United Ara...
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Gas Gap in Europe Drives US LNG Exports to Record High
Sky-high European demand drove U.S. liquefied natural gas (LNG) exports to a record in December, Refinitiv data showed, with winter supply worries set to sustain orders for the fuel.About half of the record U.S. LNG volumes shipped last month went to E...
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Baltic Dry Index Edges Lower
The Baltic Exchange's dry bulk sea freight index edged lower on Friday, as a decline in panamax and supramax vessel rates outweighed gains in the capesize segment.The overall index, which factors in rates for capesize, panamax and supramax vessels, fel...
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New Management at Aibel’s Haugesund Yard
Norway;s Aibel has announced a pair of leadership appointments at its yard in Haugesund.The company said Friday that Lars Inge Hellestveit will take up the role of vice president of yard operations, joined by Hans Jørgen Alfsen as the yard's new fabric...
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