Ocean Craft Marine, a rigid hull inflatable boat (RHIB) builder and maritime solution provider, will invest more than a quarter billion dollars over the next 10 years to establish the an independent maritime innovation laboratory, the company announced…
Ocean Craft Marine to Create ‘Maritime Innovation Lab’ Read More »
France energy giant TotalEnergies and U.S. power company Duke Energy Corp were the winners of two offshore wind leases in federal waters off the coast of North and South Carolina on Wednesday, the Interior Department said in a statement.Winning bids am…
Total, Duke Are Winners of Latest US Offshore Wind Auction Read More »
Ship owners appear to be turning to the secondhand market with increasing appetite, as higher costs and longer delivery times are deterring factors from placing a newbuilding order. In its latest weekly report, shipbroker Allied Shipbroking said that “…
It’s All About Second Hand Ships These Days Read More »
Consolidation has long been predicted in the mutual P&I sector, but the proposed merger of marine insurance majors North P&I and the Standard Club has still taken many by surprise. Both mutuals have laid out a timetable to combine forces, with …
NorthStandard proposal gathers support Read More »
Charterer’s obligation to provide bunkers in compliance with charterparty specification Time charterers supplying vessels with bunker fuel oil need to ensure that they meet the contractual specifications set out in the charterparty. This may include a …
Bunker quality – do bunker suppliers have charterers over a barrel? Read More »