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Sun, Mar

Saltchuk Acquires GLDD for $1.5B

Great Lakes Dredge & Dock Corporation and Saltchuk Resources, Inc. announced a definitive agreement for Saltchuk to acquire Great Lakes at an aggregate equity value of approximately $1.2 billion and a total
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Italy Authorizes Naval Blockades Against Migrant Boats

Italy's cabinet approved a bill on Wednesday authorising naval blockades to halt migrant boats during periods of "exceptional pressure" at the country's borders, a government source said, further tightening measures against irregular
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First Commercial Biomethanol Bunkering Service in the UK Launches at Port of Immingham

Exolum, Methanex Corporation and Ørsted announced the launch of the United Kingdom’s (U.K.) first commercially ready bio-methanol storage and supply service for shipping at the Port of Immingham. The Port of Immingham
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Exail Supports Expanding Saudi Arabia Activity with Riyadh Office

Exail announced the opening of a new office in Riyadh, Saudi Arabia, marking a milestone in its expansion across the Middle East. This new presence reflects Exail’s commitment to strengthening proximity with
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SIT, Seatrium Launch Offshore and Marine Digital Learning Lab

The Singapore Institute of Technology (SIT) and offshore and marine engineering group Seatrium have launched an Offshore & Marine Digital Learning Lab at SIT’s Punggol Campus, aimed at accelerating maritime digitalization and
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Inside the Gotland Horizon X: Large, Hydrogen-Ready Catamaran

With a growing focus on mitigating climate change and progressing toward the International Maritime Organization’s (IMO) 2050 net-zero target, the marine sector is under intense pressure to decarbonize. Today, maritime transport emits
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Partners Aim to Develop Humanoid Welding Robots for Shipyards

Italian shipbuilding giant Fincantieri has launched an industrial partnership with Generative Bionics aimed at developing a humanoid welding robot designed to operate alongside human workers in shipyard environments. The initiative aligns with Fincantieri’s
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Petredec Partners with Carnot on LPG Engine

Carnot has entered a strategic partnership with Petredec, a global leader in the LPG industry, to accelerate the deployment of Carnot’s next-generation engines, using LPG fuels, across the transport, maritime and power
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Two Mothers Build Legacy for Paige Bell

Two mothers, their family’s part of the larger Durban community involved in the pleasure yacht industry, are helping to build a legacy for Paige Bell. At age 20, Bell was tragically murdered
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