Viasat Completes Acquisition of Inmarsat

California-based communications company, Viasat Inc., has completed its acquisition of Inmarsat, a global leader in mobile satellite communications in the maritime, aviation, and government sectors. Inmarsat had been taken private…

California-based communications company, Viasat Inc., has completed its acquisition of Inmarsat, a global leader in mobile satellite communications in the maritime, aviation, and government sectors. Inmarsat had been taken private...

Helix Energy Solutions Awarded Major Decommissioning Contract in US Gulf of Mexico

Helix Energy Solutions (NYSE: HLX) has been awarded a significant 39-well decommissioning contract in the U.S. Gulf of Mexico. The contract was awarded to Helix’s Louisiana-based subsidiary Helix Alliance and…

Helix Energy Solutions (NYSE: HLX) has been awarded a significant 39-well decommissioning contract in the U.S. Gulf of Mexico. The contract was awarded to Helix’s Louisiana-based subsidiary Helix Alliance and...

Shipping Losses Hit Record Low in 2022, But New Challenges Emerge

The number of large ships lost worldwide reached a record low in 2022, according to Allianz Global Corporate & Specialty SE (AGCS) Safety & Shipping Review 2023. However, despite this…

The number of large ships lost worldwide reached a record low in 2022, according to Allianz Global Corporate & Specialty SE (AGCS) Safety & Shipping Review 2023. However, despite this...

New Study Confirms Fuel Savings from Norsepower Rotor Sails and Weather Routing

A joint study looking into the operational efficiency of Norsepower’s Rotor Sails has found significant fuel savings when combined with optimal weather routing. For the study, Norsepower worked with leading…

A joint study looking into the operational efficiency of Norsepower’s Rotor Sails has found significant fuel savings when combined with optimal weather routing. For the study, Norsepower worked with leading...

Biden Administration Completes Environmental Review of Gulf of Mexico Wind Areas

The Biden Administration’s plan to achieve 30 gigawatts of offshore wind energy capacity by 2030 has taken another step forward with the Bureau of Ocean Energy Management (BOEM) issuing a…

The Biden Administration’s plan to achieve 30 gigawatts of offshore wind energy capacity by 2030 has taken another step forward with the Bureau of Ocean Energy Management (BOEM) issuing a...

Fish Farm Support Vessel Completes Complex Autonomous Voyage in Norway

A fish farm support vessel has successfully completed what is said to be one of the most complex autonomous maritime voyages ever conducted off the coast of Norway. Technology group…

A fish farm support vessel has successfully completed what is said to be one of the most complex autonomous maritime voyages ever conducted off the coast of Norway. Technology group...

Ocean Yield Finalizes Newcastlemax Newbuild Order

Norwegian shipowner Ocean Yield AS has announced an update on its agreement announced last December to acquire new newcastlemax vessels. Initially, the plan was to acquire a minimum of five…

Norwegian shipowner Ocean Yield AS has announced an update on its agreement announced last December to acquire new newcastlemax vessels. Initially, the plan was to acquire a minimum of five...

Container Production Slumps to Lowest Level in 14 Years, Says Drewry

Global container production is set to reach its lowest level in 14 years due to stagnating trade and a surplus of shipping containers caused by eased pandemic-related supply chain constraints,…

Global container production is set to reach its lowest level in 14 years due to stagnating trade and a surplus of shipping containers caused by eased pandemic-related supply chain constraints,...

South Carolina Ports See Upswing in Cargo Volumes, Strengthening Southeast Market

South Carolina’s ports have witnessed an upswing in cargo volumes during the month of April. The positive trend can be attributed to the robustness of the Southeast market, which has…

South Carolina’s ports have witnessed an upswing in cargo volumes during the month of April. The positive trend can be attributed to the robustness of the Southeast market, which has...