Liquefied natural gas (LNG) will play a leading role in meeting shipping’s decarbonization goals, Christopher J. Wiernicki, ABS Chairman, President and CEO, said in a keynote speech delivered to U.S. Coast Guard (USCG) leaders at the Liquefied…
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Interview: Tim M. Clerc, VP Engineering, Seacor Marine
Tim Clerc’s maritime career spans half a century, starting with his cadet training in 1969 in the U.K. He sees hybrid technology as one of the most transformational technological developments in maritime in that span, and the company is currently await...
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US Navy Relieves Two Commanding Officers
The U.S. Navy on Thursday announced it has relieved the commanding officers of two of its U.S. East Coast warships, USS Carney (DDG 64) and USS Mesa Verde (LPD 19).In separate statements, the Navy said it relieved Cmdr. Alexa Jenkins and Capt. Michael D.
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Production Floater Market Outlook Brightening
IMA/WER has just completed its Annual Review and Five-Year Forecast of Orders for Floating Production Systems. The report:•provides a detailed look back at developments in the deepwater sector over the past year,•assesses 12 underlying market…
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Asyad Orders Two LNG Carriers from Hyundai Samho
Oman’s Asyad Shipping has signed an agreement with Korean shipyard Hyundai Samho Heavy Industries to build and deliver two fifth-generation liquefied natural gas (LNG) carriers in 2026.Asyad Shipping and Asyad Drydock CEO, Ibrahim Al-Nadhairi…
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OSM Maritime and Thome Agree to Merge
OSM Maritime Group and Thome Group have agreed to a merger that will create one of the world's largest ship management companies.The combined company OSM Thome will be headquartered in Arendal, Norway, with technical management hubs maintained in Singa...
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Bristol Harbor Group Promotes Two
Naval architecture and marine engineering firm Bristol Harbor Group, Inc. (BHGI) announced the promotion of two members of its team, Ian M. Lawson, P.E. and Teri L. LaForest, P.E.Upon earning his Professional Engineer License in Rhode Island, Lawson ha...
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Vessel Seeks Other Port on Expected Freeport LNG Delay
At least one liquefied natural gas (LNG) vessel gave up on Freeport LNG's export plant in Texas by Thursday after a growing number of analysts and other sources said the facility would likely not exit its seven-month outage until February or later.The ...
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Baltic Dry Index Falls to Fresh 2.5-year Low
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, extended losses on Thursday to a fresh two-and-a-half-year low, pressured by a dip in rates for capesize vessels.The overall index, which factors in r...
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MARAD Offering Nearly $20 Million in Small Shipyard Grant Funding
The U.S. Department of Transportation’s Maritime Administration (MARAD) on Thursday announced the availability of nearly $20 million in Federal Fiscal Year 2023 funding to help modernize small U.S. shipyards and train the workforce in this sector.MARAD...
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