Global ship recycling fundamentals remain shaky, reports cash buyer GMS, as Indian and Pakistani steel plate prices reported unexpected moves bought on by the 30% tariffs levied on a variety of goods being imported from China.In addition, the U.S.
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Vessel’s Second Conversion Saves CO2 Emissions
Green Yard Kleven has completed the conversion of an 80-meter walk-to-work vessel into a cable lay and repair services vessel for NTT, one of the largest telecommunications companies in Asia.The ship was originally built as an MT6007 seismic…
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Esgian Week 38 Report: Contracting has Slowed
Esgian has no rig contracts to announced but provides an update on rig moves and drilling operations in the US Gulf of Mexico, Canada, Morocco and Norway in its Week 38 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesExxonMo...
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Yacht Fire Triggers Oil Spill in California
Cleanup efforts are underway after a 105-foot yacht caught fire, capsized and spilled oil in Marina del Rey, Calif., the U.S. Coast Guard said.The motor yacht The Admiral reportedly went up in flames around 8:30 p.m., Wednesday, and a crew from…
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Families of Workers Killed in Baltimore Bridge Tragedy Sue Dali Owner, Operator
The families of the six workers who died in the March collapse of the Francis Scott Key Bridge in Baltimore filed lawsuits on Friday against the owner and operator of the cargo ship that struck the bridge.The lawsuits filed in Maryland federal…
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HavocAI Raises $11 Million in Seed Funding
HavocAI Inc., a Providence, R.I. based developer of autonomous uncrewed surface vessel (USV) technology, announced it has closed an $11 million Seed round of funding.The round was led by Scout Ventures, co-led by Trousdale Ventures, and saw additional ...
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Containership Dali Leaves US for Chinese Repair Yard
The containership Dali has departed U.S. waters en route to a Chinese repair yard nearly six months after the vessel struck Baltimore's Francis Scott Key Bridge, triggering its deadly collapse.The Singapore-registered ship, which had been moved from Ba...
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Coastal Contracts Orders Subsea Support Vessel Pair in China
Malaysian shipowner Coastal Contracts Bhd on Thursday placed an order with Chinese shipbuilder Fujian Funing Shipbuilding Heavy Industry, a subsidiary of Fujian Shipbuilding Industry Group, for a pair of 85-meter subsea support/maintenance vessels.The ...
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Spliethoff Acquires Majority Stake in ForestWave
Spliethoff Group announced it has acquired a majority interest in ForestWave, making the fellow Dutch shipping company its seventh business unit effective September 30. With this expansion, Spliethoff Group's fleet of commercially operated vessels…
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ABS Grants Approval for Wison’s New FLNG Design
A new design for a 268-meter floating liquefied natural gas (FLNG) facility from Wison New Energies received approval in principle (AIP) from classification society ABS.The unit is designed to perform offshore and at-shore with an expected production c...
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