MMA Offshore, a subsidiary of Cyan Renewables, has secured a multi-year contract from Chevron Australia for its platform supply vessel (PSV) MMA Plover.The vessel has been contracted to provide marine logistics support to Chevron’s Barrow Island and Wh...
Read more
ABS Chairman and CEO Offers Inspirational Message to George Washington University Engineering Graduates
“Remember, you have been expressly trained to become the leaders of tomorrow. And we will need your leadership vision, not to mention every bit of your ingenuity and sweat, if we are to continue to prosper and grow.”That was the message for students fr...
Read more
First LNG Ship Bunkering Hub on US Gulf Coast Secures Permits to Start Work
A joint venture project developing the first marine fuel facility for liquefied natural gas in the U.S. Gulf Coast has secured final permits and construction is expected to begin later this year, executives involved said on Monday.The global…
Read more
US Gulf Coast’s First LNG Ship Bunkering Hub Secures Final Permits
A joint venture project developing the first marine fuel facility for liquefied natural gas in the U.S. Gulf Coast has secured final permits and construction is expected to begin later this year, executives involved said on Monday.The global…
Read more
Investcorp to Invest $550M in Oman’s Port of Duqm Expansion
Alternative investment firm Investcorp has signed a cooperation agreement to invest in a $550 million infrastructure project in Port of Duqm in Oman.Investcorp Aberdeen Infrastructure Partners (AIIP) – a joint venture with Aberdeen plc, will be the sha...
Read more
Guyana Passes Bill Making Firms Liable for Oil Spill Damages
Guyana's parliament passed an oil pollution bill late on Friday that holds parties liable for damages caused by oil spills, including from vessels.The bill, which passed with a majority of votes cast in a simple voice vote, is expected to soon be signe...
Read more
Lamprell, Dong Fang Offshore Sign Wind Turbine Installation Vessel Deal
Lamprell has signed a memorandum of understanding (MoU) with Dong Fang Offshore (DFO) for a newbuild NG-9000X wind turbine installation and maintenance vessel.The newbuild vessel will support offshore wind activities in the Asia Pacific region…
Read more
Akastor Cancels $25M Sale of Skandi Peregrino AHTS Vessel
Akastor’s fully-owned subsidiary DDW Offshore has canceled the sale of Skandi Peregrino anchor handling tug supply (AHTS) vessel.The agreement to sell Skandi Peregrino AHTS, first announced in early March 2025, was conditional on charterer's consent.At...
Read more
Ship Recyclers Face Confusing Market Fundamentals
Ship recycling markets saw the U.S. dollar surge against nearly all ship recycling nation currencies (except China) last week, reports cash buyer GMS.Steel plate prices firmed / declined / flatlined in a series of confusing signals to ship recyclers an...
Read more
EU Ministers Sign Non-Protectionist Maritime Strategy Declaration
EU ministers signed the Szczecin Declaration on the EU maritime industrial strategy during the 11th International Maritime Congress in Poland last week.European Shipowners have welcomed the move, saying that at a time of rising protectionism across the...
Read more