Bitcoin and broader crypto markets 'have bottomed', says Bernstein analyst

BW Offshore, McDermott Unveil Blue Ammonia FPSO Concept (Video)

BW Offshore has unveiled a floating blue ammonia FPSO concept developed in collaboration with McDermott International, combining offshore production, carbon capture and direct export to convert surplus natural gas into lower-carbon fuel.The

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NOV’s GustoMSC to Design Korea’s Wind Turbine Installation Vessel

GustoMSC, through its parent company NOV, has secured contracts for the design and supply of critical equipment for Hanwha Ocean’s new wind turbine installation vessel (WTIV), based on the GustoMSC NG-16000X design,

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Watchkeepers Could Have Avoided Collision with VHF Communication

The UK Marine Accident Investigation Branch (MAIB) has released its report into the collision between the bulk carrier Polesie and the general cargo ship Verity that resulted in the sinking of the

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Kongsberg Maritime Launches S-4L Waterjet with Improved Maneuverability

Kongsberg Maritime has announced the launch of its new Kamewa S-4L waterjet series with a major contract to supply propulsion systems for Gotlandsbolaget’s next-generation high-speed ferry, Horizon X.The multi-fuel vessel, currently under

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Italy Authorizes Naval Blockades Against Migrant Boats

Italy's cabinet approved a bill on Wednesday authorising naval blockades to halt migrant boats during periods of "exceptional pressure" at the country's borders, a government source said, further tightening measures against irregular

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Saltchuk Acquires GLDD for $1.5B

Great Lakes Dredge & Dock Corporation and Saltchuk Resources, Inc. announced a definitive agreement for Saltchuk to acquire Great Lakes at an aggregate equity value of approximately $1.2 billion and a total

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Exail Supports Expanding Saudi Arabia Activity with Riyadh Office

Exail announced the opening of a new office in Riyadh, Saudi Arabia, marking a milestone in its expansion across the Middle East. This new presence reflects Exail’s commitment to strengthening proximity with

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First Commercial Biomethanol Bunkering Service in the UK Launches at Port of Immingham

Exolum, Methanex Corporation and Ørsted announced the launch of the United Kingdom’s (U.K.) first commercially ready bio-methanol storage and supply service for shipping at the Port of Immingham. The Port of Immingham

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Inside the Gotland Horizon X: Large, Hydrogen-Ready Catamaran

With a growing focus on mitigating climate change and progressing toward the International Maritime Organization’s (IMO) 2050 net-zero target, the marine sector is under intense pressure to decarbonize. Today, maritime transport emits