Infrastructure: USACE Funding Better Than Zero, But a Missed Opportunity

On May 15, the U.S. Army Corps of Engineers released its Fiscal Year (FY) 2025 Work Plan that allocated funds from the FY25 Full-Year Continuing Appropriations and Extensions Act. That bill provided

Hanwha Group gets Green Light to Increase Austal Stake

Hanwha Group received the OK from the U.S. Committee on Foreign Investment (CFIUS) to increase its shareholding in Australian shipbuilder Austal to 19.9% from the current 9.9%, the South Korean conglomerate said.Austal,

RWE Inks O&M Deals with Clarkson Port Services for Nordseecluster OW Project

RWE Offshore Wind has awarded two long term agreements to Clarkson Port Services to support the operations and maintenance activities at its 1.6 GW Nordseecluster offshore wind project.The Dutch division of Clarkson

Shadow and Dark Fleets: Increasing Size and Concerns

Global insurer Allianz Commercial recently issued its 2025 Safety & Shipping Review, examining maritime risk trends and losses. The report revealed that the shipping industry has made significant improvements when it comes

AAL Shipping Hits 95% of ESG Targets in 2024 Sustainability Report

AAL Shipping (AAL), a project cargo carrier, released its 2024 Sustainability Report, revealing the company has met 95% of its Environmental, Social, and Governance (ESG) objectives across global operations. The report, developed

Seatrium Picks ABB to Supply Electrical Equipment for Petrobras' FPSOs

ABB has secured a large order by Seatrium, a global provider of marine engineering solutions based in Singapore, for the supply of electrical equipment and automation solutions on a new generation of

ABL Lands Work on BP’s Indonesian Gas and CCUS Project

Energy and marine consultancy ABL, a subsidiary of ABL Group, has been awarded a contract to provide marine warranty survey (MWS) services to BP’s Tangguh UCC project in Indonesia.The Tangguh UCC Project

Salvors Arrive at Burning Car Carrier

A salvage team has arrived at the scene of the burning car carrier Morning Midas, located approximately 220 miles south of Adak, Alaska.The US Coast Guard received the initial report of the

China Leads the World in Energy Investment

The latest edition of the International Energy Agency’s World Energy Investment report demonstrates how the global energy scene has changed from when the first edition of the report in 2015 showed energy