USACE taps Gatehouse Maritime for AIS Tech
Gatehouse Maritime, a provider of AIS (Automatic Identification System) network monitoring and maritime domain awareness software, announced the award of a new contract from the U.S. Army Corps of Engineers.The contract, initially set for one year, includes an option for a four-year extension, underscoring the long-term strategic importance of the partnership.Under the newly awarded contract, the…
Force Control Introduces HYDRASTOP Thruster Brakes
Force Control Industries introduces a new line of Build America, Buy America Act (BABAA) compliant thruster brakes under the brand name: HYDRASTOP.These spring-set, electrohydraulic thruster-released brakes are now available for 6-13” drums only with plans to develop larger drum sizes and a complete disc brake series. Thruster brakes statically hold and/or dynamically stop a load: they are ideal for industrial applications like cranes, movable bridges, conveyors, marine deck equipment, and more.
Trelleborg Acquires Mampaey Offshore Industries
Trelleborg Marine & Infrastructure, a provider of engineered polymer and technology solutions for the marine, infrastructure, and energy industries, has signed and finalized an agreement to acquire Mampaey Offshore Industries. The acquisition will significantly enhance Trelleborg's capabilities in the vessel berthing sector and expand its offerings for the marine industry. Mampaey, based in Dordrecht…
Global Maritime Safety Enhanced by Iridium Certus GMDSS
Iridium Communications Inc. announced the service launch of Iridium Certus GMDSS, a generational advancement in maritime satellite communication safety services.Iridium Certus GMDSS, the only truly global GMDSS service available, features distress alert, safety voice, and Maritime Safety Information (MSI); includes additional regulated services like Long Range Identification and Tracking (LRIT) and Ship Security Alert System (SSAS)…
Moody's: Port of Oakland A1 Rating Maintained
Port as primary gateway for Northern California region a key credit strength. Moody’s Investors Service, Inc. (Moody’s) has maintained the Port of Oakland's senior lien rating at A1 stable. The A1 stable senior bond rating reflects the Port’s strong liquidity, healthy debt service coverage ratio, manageable capital spending and significant long-term debt capacity.“The rating reflects the Port’s commitment to fiscal responsibility,” said Port of Oakland Chief Financial Officer Julie Lam.
ENERGY INSIGHT: Whatever the Weather, Propane Keeps Ports Moving
How propane offers unmatched reliability and resiliency when severe weather strikesPorts are critical hubs for global trade and shipping logistics, and they can’t afford to slow down due to extreme weather events. Especially in the Northern U.S., winter storms bring extreme freezing temperatures that can quickly create issues for any diesel or electric engines powering port equipment. Meanwhile, ports…
World Maritime Forum 2025: Connecting Innovation with Opportunity
The World Maritime Forum 2025, happening on February 18-19, 2025, at the AC Bella Sky Convention Center in Copenhagen, is not only the year’s most influential maritime event but also a hub for networking and business opportunities.Recognized as the "Center of Maritime", the forum offers a unique platform for suppliers, technology companies, shipowners, and ship managers to connect, collaborate, and…
Techcross Earns BWMS Cyber Resilience Certification from KR
Techcross, a leading ballast water management system (BWMS) manufacturer in Korea, said it has become the first in the industry to obtain Cyber Resilience Certification from the Korean Register (KR), a certification that evaluates ability to respond to cyber threats during design, operation, and recovery process based on the UR E27 regulations established by the International Association of Classification Societies (IACS).
Zelim Names USCG Senior as Head of New Business Unit for North America
Zelim, an Edinburgh-based maritime safety innovator, has appointed a former Commander of the United States Coast Guard (USCG) Matthew Mitchell to lead its U.S. office as part of the strategy to open new markets for its man-overboard and security threat detection and recovery technologies.Commander Matthew Mitchell, who has 20 years’ service with the USCG, most recently as head of search and rescue and policy…
RightShip Revises Timeline for Vessel Inspection Age Trigger
RightShip, an ESG-focused digital maritime platform, has released a revised timeline for implementing its vessel inspection age trigger, reducing the inspection threshold from 14 to 10 years through a four-phased approach.The update has been introduced after extensive industry engagement, following the initial announcement of the inspection age trigger in October 2024.Constructive dialogue with RightShip’s customers and respected industry associations - including INTERCARGO…
Next Geosolutions Buys Offshore Survey Vessel for $7M
Marine geosciences and offshore construction support services firm Next Geosolutions has acquired a multi-purpose survey vessel (MPSV) from Beitveit Holding for $7.1 million.The vessel, Sea Admiral, will be renamed NG EXPLORER, and will be used for geophysical, geotechnical, environmental and UXO surveys.The NG EXPLORER, with a length of 58 meters and a width of 14 meters, is an MPSV built in 2010…
QatarEnergy Picks MOL-COSCO JV to Operate Six QC-Max Size LNG Vessels
QatarEnergy has selected the joint venture of Japan’s Mitsui O.S.K Lines (MOL) and China’s COSCO Shipping LNG Investment (Shanghai) (CSLNG) to own and operate six QC-Max size LNG vessels.The six vessels will be built in China by Hudong-Zhonghua Shipbuilding Group, a subsidiary of China State Shipbuilding Corporation (CSSC).These vessels are the last batch of the 128 LNG vessels in QatarEnergy’s historic ship building program…
Shell Settles Lawsuit with Greenpeace Over Vessel Boarding Incident
British oil and gas major Shell on Tuesday settled a London lawsuit it brought against environmental group Greenpeace after activists boarded a Shell oil production vessel last year.Greenpeace said it had agreed to pay 300,000 pounds ($382,650) to the Royal National Lifeboat Institute (RNLI), a charity that runs a search and rescue service.The group also said it would stop protesting for a period at four Shell sites in the northern North Sea, which Greenpeace referred to as "mostly declining fie
Hycamite Advances Onboard Methane-Splitting System Development
Hycamite TCD Technologies, MOLEA, a subsidiary of Mitsui O.S.K. Lines, and MOL PLUS have signed a Memorandum of Understanding (MoU) promoting the application of methane-splitting for onboard power generation.With Hycamite’s technology, LNG-fueled ships can convert methane into hydrogen as they sail, and the solid carbon produced can be offloaded at the port of destination. If bioLNG is used, the solution can create a negative carbon footprint.Earlier this year…
Schmidt Sciences Fosters AI Research
Schmidt Sciences has named 25 scholars working at the forefront of AI as AI2050 fellows and will award them up to $12 million to advance research that realizes the potential of AI to benefit humanity.The AI2050 program asks researchers to imagine the year 2050 where AI has been hugely beneficial and to pursue projects that help society realize this.The program will fund senior researchers and early career scholars for two years.Previous senior fellows in the first two cohorts include Prof.
Great Lakes NOV Iron Ore Trade Dips
Shipments of iron ore on the Great Lakes totaled 4.3 million tons in November, a decrease of 4.7 percent from 2023. Shipments were below the month’s 5-year average by 3.5 percent.Year-to-date the iron ore trade stands at 45.2 million tons, a decrease of 2.3 percent compared to the same point in 2023. Through November iron ore loadings are 4.2 percent above their 5-year average for that timeframe.Since 1880…
Adani Ports withdraws DFC Port Funding Request
India's Adani Ports and Special Economic Zone Ltd said on Tuesday it would finance its Colombo port terminal project through internal accruals and a capital management plan…
JA Moody Announces Partnership with New Heritage Capital
JA Moody, a maritime supplier of fluid control valves, actuators, strainers, parts and services to the United States Navy and Commercial Marine industry, today announced a strategic partnership and investment from New Heritage Capital ("Heritage"), a Boston-based private equity firm specializing in founder-owned businesses.The investment was structured using Heritage's Private IPO solution, which preserves…
HII names Childs VP, Quality & Engineering at Ingalls Shipbuilding
HII announced that Jennifer Childs has been named vice president of quality and engineering of the company’s Ingalls Shipbuilding division, effective Jan. 6, 2025.She succeeds Brian Blanchette, incoming vice president of HII and president of Ingalls Shipbuilding. Childs, a former Navy surface warfare officer (nuclear), has been with Ingalls for 17 years and previously served as director of technical & design engineering.
EIA: US Crude Imports to fall to lowest level since 1971
U.S. net crude oil imports are forecast to fall by 20% next year to 1.9 million barrels per day, their lowest since 1971, the Energy Information Administration said on Tuesday, pointing to higher U.S. production and lower refinery demand.The EIA expects the United States to produce 13.52 million bpd in 2025, up from 13.24 million bpd in 2024, it said in its December Short-Term Energy Outlook (STEO).
