Inadequate Design, Certification and Maintenance Led to Titan Disaster

The catastrophic implosion of the Titan submersible that killed five people in 2023 could have been prevented, a U.S. Coast Guard investigative board found on Tuesday, calling the vessel’s safety culture and

Japan Clinches $6.5b Deal To Build Australian Warships

Japan clinched a landmark A$10 billion ($6.5 billion) deal on Tuesday to build warships for Australia, marking Tokyo's most consequential defence sale since ending a military export ban in 2014 as it

Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes

Global freight forwarder Expeditors International of Washington reported second-quarter profit and revenue above Wall Street estimates on Tuesday, helped by higher airfreight and ocean container volumes and bigger custom fees.Airfreight tonnage…

MHI Selected to Enter Next Stage Procurement Process for Australia's New General-Purpose Frigates

The Australian Government announced that it has selected Mitsubishi Heavy Industries, Ltd. (MHI) to enter the next stage procurement process for Australia's new General-Purpose frigates by selecting the Upgraded Mogami-class frigate as

The Shearer Group, Inc. Welcomes New Team Member

The Shearer Group, Inc. (TSGI) has announced a new addition to its naval architecture, marine engineering, and marine surveying firm, Luke Strawson. Luke holds a Bachelor of Science in Ocean Engineering from

Guice Offshore Sets Up Business Unit for Heavy Deck Equipment Leasing

Guice Offshore, U.S.-based operator of dynamically positioned mini supply and multi-purpose vessels for the offshore maritime market, has launched GO Asset Leasing to meet the growing demand for lease-ready maritime vessel heavy

North Star Orders Two New Hybrid SOVs from Vard

Norwegian shipbuilder Vard has secured an order from U.K.’s largest shipowner and operator North Star for the construction of two hybrid Service Operation Vessels (SOVs).The contract represents the ninth and tenth vessel

RWE, North Star Ink Long-Term SOV Charter Agreements

Germany’s largest utility RWE and U.K.’s largest shipowner-operator North Start have signed long-term agreements for next-generation service operation vessels (SOVs) to maintain RWE’s growing offshore wind fleet.The companies have agreed that RWE

BOEM Rescinds Offshore Renewable Energy Leasing Schedule

The US Bureau of Ocean Energy Management (BOEM) has announced a direct final rule rescinding a section of its regulations that outlined the renewable energy lease sale schedule.Under the rescinded regulation, BOEM