bound4blue Targets LNG Carrier Market through Cryosafe Partnership
Spanish wind propulsion company bound4blue has signed a partnership agreement with LNG consultancy provider Cryosafe Services to support the application of its eSAIL wind propulsion technology on LNG carriers.The companies said they
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Japan Secures Second Oil Tanker Passage Through Strait of Hormuz
A Panama-flagged crude oil tanker managed by Japanese refining group Eneos has passed through the Strait of Hormuz, ship-tracking data from LSEG showed on Thursday, the second instance of such a Japan-linked
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Oil prices edged up on Thursday, with markets focusing on the high-stakes meeting between U.S. President Donald Trump and Chinese President Xi Jinping to see if it will yield any positive results
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Davie Defense Finalizes Contract for U.S. Coast Guard Arctic Security Cutters
Davie Defense has finalized a $3.5 billion contract with the United States Coast Guard (USCG) for the construction and delivery of five Arctic Security Cutters (ASC), a new class of Arctic icebreaker.Two
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Wilson Sons Launches Tugboat to Operate in Port of Santos
Wilson Sons, a port and shipping logistics operator with over 188 years of experience, has held the launch ceremony of WS Capella, the second tug of a new range of three high-powered
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Historic Settlement Finalized for Dali Allision with Francis Scott Key Bridge
Maryland Attorney General Anthony G. Brown has announced that the State of Maryland has reached a final settlement of $2.25 billion with Grace Ocean Private Limited and Synergy Marine Pte Ltd., the
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ABS and HD Hyundai Heavy Industries (HHI) have signed a memorandum of understanding (MOU) to collaborate on a range of initiatives supporting sustainability, digital innovation and operational resilience in the maritime and
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Upstream Oil, Gas Dealmaking in the US Hits Two-Year High
Dealmaking in the U.S. upstream oil and gas sector jumped to $38 billion in the first quarter of this year, marking the highest quarterly total in two years, analytics firm Enverus said
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Bezeq Israel Telecom has begun to deploy a fast-speed Internet subsea cable aimed at connecting Europe to Asia that its chairman says could ultimately reduce dependency on the Strait of Hormuz.Some 17% of global
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