BP Mulls Shedding two US Offshore Stakes

BP is exploring the sale of minority stakes in two of its most valuable Gulf of Mexico oil projects — Kaskida and Tiber — as the energy giant recalibrates its strategy to prioritize oil and gas,

New Product: Dinnteco Lighting Protection

Dinnteco America, aleader in lightning protection technology, announced today its latest solution for the marine, military, energy and transportation industries – the Electromagnetic Charge Compensation Device (DDCE).The DDCE is designed to…

UN: Freedom of Navigation in the Black Sea is Crucial to Global Food Security

An agreement on freedom of navigation in the Black Sea to ensure the protection of civilian vessels and port infrastructure "will be a crucial contribution to global food security and supply chains,"

Baltic Index Hits Two-Week Low

The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, marked its lowest level in two weeks on Wednesday, pulled down by weaker capesize rates.

PEAK Wind Enters into OMA to Oversee Wind Farm Operations

Fengmiao I, a 495 MW offshore wind farm, has reached a financial close. The project is owned by Copenhagen Infrastructure Partners (CIP) through its fund Copenhagen Infrastructure V (CI V).PEAK Wind has

Dinnteco America Announces Electromagnetic Charge Compensation Device

Dinnteco America, leader in lightning protection technology, announced its latest solution for the marine, military, energy and transportation industries—the Electromagnetic Charge Compensation Device (DDCE).The DDCE is designed to prevent direct…

Ukraine and Russia: Accusations of Breaking Truce Agreements

Ukraine and Russia accused one another on Wednesday of flouting a truce on energy strikes brokered by the United States, and conditions set by Russia cast doubt over a planned ceasefire in the

OPINION: Hold the Bricks, Start the Discussion on the Future of Domestic Shipbuilding

With your first steps as a cadet onto the Maritime Academy campus, your first union dues payment or first line thrown ashore from the tug, you are lectured on the importance of

One Year Ago Today: U.S. Maritime Industry Delivers in Wake of FSK Bridge Collapse

We are at the one-year since the Francis Scott Key (FSK) Bridge collapsed over the Patapsco River’s Fort McHenry Channel in Baltimore, Maryland. Nearly 100 percent of the wreckage and debris removal