Solid container shipping demand has driven up freight rates over the past two months, Hapag-Lloyd chief executive Rolf Habben Jansen said in a call with reporters on Wednesday.Attacks on vessels by Yemen-based Houthi militants have led shipping firms t...
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Seaspan Energy Launches LNG Bunkering Vessel
Seaspan Energy this week announced the launch of its third new 7,600m3 liquefied natural gas (LNG) bunkering vessel, Seaspan Baker.This series is being built by CIMC Sinopacific Offshore & Engineering (CIMC SOE) in China. The first two vessels…
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New Ship Motors with RINA Approval
Menzel Elektromotoren reports it has manufactured two electric motors for marine applications for an Italian shipbuilder, complete with approval by RINA, the Italian naval registration company. The squirrel-cage motors will power the bow thrusters…
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Military Groups Say They Set Fire to Russian Warship
A Ukrainian military intelligence official said on Wednesday that a fire on a Russian warship in the Baltic Sea in April was caused by a joint operation conducted by his GUR agency and a pro-Kyiv Russian military group.On April 7, the Serpukhov…
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Houthi Explosive Drone Boat Attacks Escalate Red Sea Danger
Yemen's Houthis are sending drone boats packed with explosives into the Red Sea as they intensify their attacks on merchant ships that have little defense against the "sophisticated shift" in tactic, maritime security sources say.Iran-aligned…
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Abandoned Tanker Lavant Has Likely Sunk off Yemen
An abandoned tanker that was drifting off Yemen's coast in June has disappeared and is believed to have sunk, three navy and security sources said, the latest vessel lost in the strategically important Red Sea.The area, on the main shipping route from ...
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Hoffmann Marine Acquires Mackinac Island Ferry
U.S.-based family-owned private equity firm the Hoffmann Family of Companies (HF Companies) announced it has acquired Mackinac Island Ferry Company in Michigan.Jenny Gezella, President of Hoffmann Marine, said, “We are thrilled to acquire the Mackinac ...
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N-Sea Acquires Geo Plus
The Netherlands-based subsea services company N-Sea announced it has finalized a deal to acquire Geo Plus based in Groningen, The Netherlands.Geo Plus operates a fleet of five specialized survey vessels—Geo Ranger, Geo Focus, Geo Explorer, Geo Motion…
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DOF Group to Acquire Maersk Supply Service for $1.11 Billion
Norwegian offshore supply vessel company DOF Group on Tuesday announced it has entered into an agreement to acquire Denmark-headquartered Maersk Supply Service (MSS) for $1.11 billion in a cash and stock deal.The combined company, operating under the D...
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Oceaneering Lines Up Vessel Services Work in the Gulf of Mexico
Oceaneering International announced its Offshore Projects Group (OPG) segment has been awarded multiple contractual agreements for vessel services with global energy companies, covering operations in the Gulf of Mexico.The scope of work under…
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