Technology group Wärtsilä has been included as an index component of the Dow Jones Sustainability Index Europe (DJSI) for the ninth consecutive time.The company was assessed based on its 2023 performance and was ranked within the top four per…
On Nov. 10, the day before Veterans Day, I had the honor of participating in a celebration of another group of veterans whose contributions as the nation’s Fourth Arm of Defense is not widely known: The Merchant Marine.The U.S. Merchant Marine…
India's defence ministry said on Monday it had signed a 19.9 billion rupees ($233 million) contract with Mazagon Dock Shipbuilders MAZG.NS for technology that allows submarines to stay underwater for longer.The ministry also signed a 8.7 billion…
Brazil's Transpetro, a unit of state-run oil firm Petrobras PETR4.SA, said on Monday that local shipbuilding firms Ecovix and Mac Laren had won a tender to build four new coastal vessels for $69.5 million per vessel.The bid is the first step of Petrobras' plan to renew its fleet of support vessels…
The Coast Guard announced it accepted ownership of the motor vessel Aiviq, a 360-foot polar class 3-equivalent icebreaker, from an Edison Chouest Offshore subsidiary Friday.The vessel, acquired Dec. 11, will enhance U.S. operational presence…
PANAMA CITY, FL – Eastern Shipbuilding Group, Inc. (ESG) announced the successful delivery of the LONG ISLAND (ESG Hull 228), a newly constructed passenger and auto ferry, to the Bridgeport & Port Jefferson Steamboat Company, a subsidiary of McAllister Towing…
Don’t Overlook Shipping’s Critical Role in U.S. Sustainable Transport Future, ABS Chairman and CEO Urges Washington.“Many of our sustainable transportation programs and initiatives tend to become mode-centric, but it is critically important…
The bipartisan, bicameral bill will fuel U.S. economy, strengthen national security by responding to China’s threat over the oceans. Currently, the number of U.S.-flagged vessels in international commerce is 80; China has 5,500.Today, Senator Mark Kelly (D-AZ)…
Eastern Shipbuilding Group (ESG) reached an exciting milestone today, initiating steel cutting for the first of four advanced escort tugs for Saltchuk Marine at its Allanton Facility. Attending the ceremony were key members of Saltchuk's leadership team…
Anemoi Marine Technologies completed the installation of five Rotor Sails onboard the 400,000 dwt Very Large Ore Carrier (VLOC), Sohar Max, making it the largest vessel to receive wind propulsion technology to date. Sohar Max is a first generation Valemax…
All American Marine (AAM) has announced a partnership with San Francisco Bay Ferry to build their 150-passenger battery-electric vessels. This landmark project will contribute significantly to advancing sustainable passenger transport in the…
Finland will replace one of its eight existing icebreakers with a new vessel to secure open routes in the Baltic Sea year round, the Finnish government said on Monday.The announcement followed the signing of an 'ICE Pact' last month, a deal between the United States…
Combat Support Ship (CSS) Den Helder (A834) arrived in Vlissingen this morning after successfully completing her maiden voyage and sea trials.The new supply ship for the Royal Netherlands Navy departed from the Damen Naval shipyard in Galați…
Salaries of the 500 employees are secured by insolvency money; discussions planned with clients for shipbuilding projects already underway. The Provisional insolvency administrators want to jointly develop restructuring solutions.The Flensburg…
Anemoi Marine Technologies has today announced that Clare Urmston has been appointed as the company’s new Chief Executive Officer (CEO).After holding a number of executive and non-executive positions within the manufacturing, healthcare and fast-moving consumer goods sectors…