ONGC Inks Deal with MOL to Build Two Very Large Ethane Carriers

India's Oil and Natural Gas Corporation (ONGC)has signed an agreement with Japan's Mitsui O.S.K. Lines (MOL) to build, own and operate two very large ethane carriers (VLECs).The ‘mega vessels’ will deliver imported

Industry Consortium to Asses Floating Nuclear Plants for Mediterranean Sea

American Bureau of Shipping (ABS), CORE POWER and Athlos Energy have formed a consortium to evaluate the potential of positioning the floating nuclear power (FNPP) platforms to meet the energy demands of

US Navy: Big or Small, Boats are Indispensable to the USN

For the U.S. Navy, boats perform missions from mundane maintenance chores such as hull scraping and cleaning overboard discharges to clandestine special forces insertion and extraction. Some boats are about as basic

Workforce Development and the Rise of the Blue-Collar Worker

For nearly 200 years, metal casting foundries have served as the backbone of American manufacturing. Though only 1,750 foundries remain today, compared to more than 6,000 in 1955, they are responsible for

Fincantieri’s US Subsidiary Names New CEO

Fincantieri Marine Group (FMG), the U.S. subsidiary of Fincantieri, has appointed George A. Moutafis as Chief Executive Officer (CEO).The leadership transition of the U.S. company of the group led by CEO and

Ferry Sinks off Bali, Killing Four as 30 Go Missing

Four people died, 30 were missing and 31 survived after a ferry carrying 65 people sank near the Indonesian island of Bali, the country's Search and Rescue agency said on Thursday, as

Susesea’s Bulk Carrier Fleet Gets Efficiency Boost from Chevron Cylinder Oils

Turkish shipowner Susesea has streamlined its vessels operation by upgraded the cylinder lubrication strategy across its fleet of six bulk carriers with Chevron’s Taro Ultra Advanced 40 (TUA 40).Working with Chevron Marine

Seatrium Secures FSRU Conversion Contract from Kinetics

Seatrium has been awarded a floating storage regasification unit (FSRU) conversion contract from Kinetics, an energy transition initiative by global floating power company Karpowership.This award follows Kinetics’ confirmation of the option for

Bonaparte CCS Project Awarded Major Project Status

The Bonaparte CCS project has been awarded Major Project Status by the Australian Government. It is the first offshore carbon capture and storage (CCS) project to receive the status in Australia.The Bonaparte