OceanFirst Financial Q4 Earnings Call Highlights

HOS, Saronic Link Up to Trial Autonomous Vessels Offshore

When we interviewed Saronic Co-Founder and CEO Dino Mavrookas late last year, he insisted that Saronic's mission was to deliver commercially viable autonomous vessels first, and in turn parlay that into a

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Lloyd's Register Explores Hydrogen's Potential for Decarbonization in Recent Report

Lloyd’s Register (LR) has published the latest report in its Fuel for thought series, providing an assessment of hydrogen’s potential role in maritime decarbonization. Fuel for thought: Hydrogen examines hydrogen from production and supply through to

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Kongsberg Maritime to Supply Rim-Drive Thrusters for Indian Research Vessel

Kongsberg Maritime has secured a contract to supply its innovative rim-drive thrusters for a new advanced acoustic research vessel being built for India’s Naval Physical and Oceanographic Laboratory (NPOL). The vessel, under

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Union Maritime Takes Delivery of LNG and Wind-Powered LR2 Tanker

Union Maritime has taken delivery of what it said is the world’s first long-range 2 (LR2) tanker powered by liquefied natural gas (LNG) and wind-assisted propulsion.The vessel, MT SPA, was delivered on

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NORDEN Sells Two Ships, Adds Multi-Purpose Newbuild Leases

Danish shipping company NORDEN has sold one MR tanker and one Capesize dry bulk vessel from its owned fleet, capitalizing on strong asset prices across the dry cargo and tanker markets.The company

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Babcock, Frankenburg Partner on Counter‑Drone Maritime Defense System

Babcock and Frankenburg Technologies have signed a memorandum of understanding (MoU) to explore development of a new maritime counter‑drone air defense system in response to the rise of one‑way attack drones.Under the

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Georg Fischer LATAM Contracted for Plastic Piping in PES Project

Damen Naval has expanded Colombian involvement by contracting Georg Fischer for the PES project in LATAM. Under this project, a Damen SIGMA frigate will be built by COTECMAR, at their shipyard in

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SCHOTTEL Provides Propulsion Package for Polish Navy Rescue Vessel

The new Polish Navy rescue vessel “Ratownik," currently under construction at PGZ Stocznia Wojenna, will be equipped with a propulsion package supplied by SCHOTTEL. Designed to replace the Navy’s existing rescue units,

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U.S. Army Corps of Engineers Finalizes Nationwide Permits

The U.S. Army Corps of Engineers announced today that it will reissue 56 existing nationwide permits and issue one new permit for work in wetlands and other waters that are regulated by