As the marine industry works to find the ‘fuel of the future’ to address increasingly stringent emission regulations, an interesting development from a trio of marine powers in Japan seeks to develop the world’s first ammonia-fueled tugboat. The joint research and development agreement was signed by NYK, IHI Power Systems Co., Ltd., and ClassNK recently to put the world's first ammonia-fueled tugboat into practical use…
A third battery electric tugboat built by Sanmar Shipyards in Türkiye has been delivered to HaiSea Marine,Canada. Haisea Brave is scheduled to work in Vancouver alongside its sisters HaiSea Wamis and HaiSea Wee'Git before all three – along with…
Wabtec Corporation and Latin American Channel Partner, Marinsa International, signed a contract to supply the primary power for 10 new hybrid tractor tugboats for the Panama Canal Authority (ACP). Wabtec will deliver two 8L250MDA marine engines for each tugboat…
Inland waterways, sometimes called ‘nature’s superhighways’ provide a strategic advantage related to security, economics, and trade for any nation whose geography, topography, and climate enable this natural infrastructure. Economic benefits…
The military force for the Kingdom of Bahrain purchased the self-propelled WorkFloat, a 12 x 6m WorkFloat platform which has the unique ability to fold up -- including all equipment -- and fit into a standard 40-ft. shipping container.The WorlkFloat platform is designed for a range of support tasks…
Waterways Council, Inc. (WCI) applauded approval by the House Appropriations Committee (by a vote of 33 to 24) of strong funding for the U.S. Army Corps of Engineers for Fiscal Year 2022 (FY22). The Committee provided overall funding for the Corps’ Civil Works Mission for FY22 at $8…
Florida-based transportation and logistics firm SEACOR Holdings Inc announced Monday it has entered into a deal with private equity firm American Industrial Partners (AIP) to take the company private in an all-cash transaction valuing it at about $1 billion…
Conrad Industries announced for the quarter ended June 30, 2019, it had net loss of $2.2 million and loss per diluted share of $0.44 compared to net income of $4.7 million and earnings per diluted share of $0.94 during the second quarter of 2018…
