Moss Maritime, Norwegian company specializing in design and engineering services to the offshore energy industry as well as other ocean-based sectors and a subsidiary of Italy's Saipem, has secured an Approval in Principle (AIP) from the classificatio...
Read more
How Serious a Problem is the Cost Issue in U.S. Offshore Wind?
Much has been written recently about the challenges facing U.S. offshore wind projects, resulting in requests to terminate or renegotiate contracts to sell power to states. Examples of these challenges can be found from Massachusetts to Virginia.
Read more
US LNG Exports Slip in August
U.S. exports of liquefied natural gas (LNG) fell in August as some processing plants reduced output and a heat wave increased gas demand for power, leaving less gas available for LNG production, according to vessel monitoring data and analysts.Above-no...
Read more
Panama Canal Water Levels Likely to Remain Exceptionally Low for Months
Water levels in the Panama Canal are likely to remain exceptionally low for months despite forecasted short-term improvements, meaning no end in sight to the prolonged disruptions hampering vessels transiting the vital shipping artery.The Panama…
Read more
Baltic Sea Drills to Focus for First Time on Repelling Russian Attack
Major naval drills about to start in the Baltic Sea involving some 30 ships and more than 3,000 Western service members will for the first time practice how to respond to a Russian assault in the region, Germany's navy chief said on Friday."We…
Read more
Change in MENAS Navigational Light Dues
Middle East Navigation Service (MENAS), provider of aids to navigation (AtoN) in the Middle East Gulf region, said its is increasing rates and widening the group of ships that will be asked to pay for the service.The group has been providing…
Read more
Intermarine and Jumbo-SAL-Alliance Set Up Hub in Chile
Multipurpose carrier Intermarine and sister company Jumbo-SAL-Alliance (JSA) expand their presence in South America, opening a new office in Santiago.Intermarine and Jumbo-SAL-Alliance are joining Intermarine’s long-time agent, Marval, to form the new ...
Read more
HAV Group Acquires DP Specialist Undheim Systems
Norway's HAV Group has completed the acquisition of Undheim Systems AS, a provider of dynamic positioning (DP) systems for vessels. The consideration for the purchase includes a non-material cash amount and 250,000 shares in HAV Group ASA, valued…
Read more
ClassNK Opens Survey Office in Brazil
Japanese classification society ClassNK has opened a new exclusive survey office in Paranagua, Brazil with operations beginning September 1, 2023.The move comes amid increasing number of surveys and audits in the southern Brazil port and the…
Read more
CMA CGM Completes New York Terminals Acquisition
CMA CGM announced it has finalized its acquisition of two container terminals in the Port of New York and New Jersey as the France-based shipping and logistics group grows its supply chain presence in the United States.The company announced…
Read more