United States
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Offshore
Seacor Marine to convert PSV quartet to hybrid power
US offshore vessel operator Seacor Marine will switch four of its platform supply vessels (PSV) to hybrid power with the…
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Tankers
Barbara Pickering named next president of Chevron Shipping
Barbara Pickering has been selected to lead Chevron Shipping after president Mark Ross retires from the position he has held…
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Renewables
New Jersey gives go-ahead to two offshore wind projects
The New Jersey Board of Public Utilities has awarded a combined 3.7 GW of offshore wind capacity to Invenergy and…
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Renewables
Ørsted to take full ownership of Sunrise wind project off New York
Danish renewable energy developer Ørsted has bought Eversource’s 50% stake in the 924 MW Sunrise Wind offshore wind farm set…
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Tech
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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Ports and Logistics
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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Americas
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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Renewables
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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Dry Cargo
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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Tech
Starlink offers all ships free internet for two months
The widespread, rapid adoption of Elon Musk’s Starlink internet service on hundreds of ships was arguably the biggest onboard tech…
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Ports and Logistics
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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Tankers
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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Ports and Logistics
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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Offshore
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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Offshore
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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Ports and Logistics
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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Renewables
BlackRock to take over Global Infrastructure Partners in $12.5bn deal
New York-based BlackRock has agreed to buy compatriot fund manager Global Infrastructure Partners (GIP) in a $12.5bn cash and shares…
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Middle East
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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Dry Cargo
Economou nominates two directors to Genco board
Greek shipowner George Economou has nominated two candidates for election to the Genco Shipping & Trading board of directors at…
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Offshore
Valaris rakes in over $1bn in new rig deals
Offshore driller Valaris has been awarded a batch of new contracts and contract extensions, with an associated contract backlog of…
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