Americas
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Maritime tech investment JV launches in the US
AMA Capital Partners, a boutique transportation and maritime focused investment bank, has formed a joint venture with Boston-based Skysail Advisors,…
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Georgia port secures federal funding
The Port of Brunswick in Georgia has been awarded $15m in federal funding to help develop its East River Terminal,…
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Canadian project to develop marine-based nuclear reactors moves ahead
Canada’s Prodigy Clean Energy is teaming up with Westinghouse Electric Company to develop nuclear power plants that can be used…
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California port given $426m grant for offshore wind terminal construction
The U.S. Department of Transportation has provided a $426.7m grant to the Humboldt Bay Harbor, Recreation, and Conservation District for…
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Foremost linked to methanol-ready kamsarmax newbuilds at Chengxi
New York-based Foremost Group has returned to China after nearly five years with a deal for kamsarmax newbuilds. The Angela…
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Port of New Orleans box terminal project gets $266m federal funding
The Port of New Orleans (Port NOLA) has been awarded an additional $226m federal grant to assist in building the…
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Solstad Offshore wins new CSV deal and extension from Petrobras
Norwegian offshore vessel owner Solstad Offshore has won a new contract for one vessel and an extension for another from…
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ABB awarded contract for Guyana-bound FPSO
Swiss technology group ABB has secured work on an ExxonMobil floating production storage and offloading (FPSO) unit slated for the…
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Venezuela seeks IMO help to get tankers trading again
Venezuela’s vice president, Delcy Rodriguez, has been in London, urging the new head of the International Maritime Organization (IMO) to…
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US sanctions Emirati tanker owner for violating Russian oil price cap
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on a United Arab Emirates-based…
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Number of ships waiting for Panama transit slashed in half
The queue of ships waiting at both ends of the Panama Canal stands at just half the historical average since…
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Canada’s Mullen set to acquire compatriot logistics firm ContainerWorld
Mullen Group, one of Canada’s largest logistics providers, has signed a deal to buy Richmond, British Columbia-based ContainerWorld Forwarding Services.…
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Portland seeks emergency funding
The troubled port of Portland has requested state funding from the Oregon legislature of $10m to cover losses. The port’s…
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TechnipFMC wins BP subsea contract in Gulf of Mexico
TechnipFMC has secured a contract from BP for its Argos southwest extension project in the Mad Dog field in the…
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McDermott wins work on Malaysian carbon capture project
US subsea and deepwater engineering and construction player McDermott has been awarded an offshore contract from Malaysia Marine and Heavy…
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APM Terminals readies $500m investment in Louisiana
APM Terminals has lined up $500m for a container terminal on the west nank of Plaquemines Parish in Louisiana, US.…
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Saipem suspended from public contracts in Brazil for two years
Italian offshore engineering and construction giant Saipem has been suspended from signing new contracts with the Brazilian public administration for…
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US and UK conduct airstrikes against the Houthis
The US and the UK conducted strikes overnight in four Houthi-controlled governorates, including Hodeidah, and Sana’a with the West deciding…
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Jumbo Offshore secures Guyana FPSO work
Jumbo Offshore Installation Contractors, part of the Dutch Jumbo Group, has been awarded a contract by floater expert Modec for…
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Maersk opts for rail solution to combat Panama drought
Reflecting the ongoing water situation in the Panama Canal, Danish carrier Maersk has amended its OC1 service, operating between Oceania…
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