The Government of Bermuda’s Marine and Port Services has chosen Gladding-Hearn Shipbuilding, Duclos Corporation, to undertake a major refit of the 700-passenger ferry Bermudian. Built in 1988, the 118’ steel vessel completed the 635-mile crossing of th…
Gladding-Hearn Refitting Ferry for Government of Bermuda Read More »
Diversified owner United Maritime has made $38m in S&P profit since being founded in June
Seanergy to make $8m selling vintage capesizes to spinoff United Maritime Read More »
British naval architecture firm Steller Systems said it has been awarded a contract from the U.K.’s Defence and Security Accelerator to develop an innovative damage control system for ships.Changes to platform design and operation, steady reductions…
Steller Systems to Develop Damage Control System for Ships Read More »
Danish company Crestwing has entered the new year with significant funding support secured from both government and private entities that will be used to further advance its wave energy technology and bring it to market-ready stage.
The post Danish r…
Danish renewable energy company welcomes new year on the crest of a wave Read More »
The Baltic Exchange’s dry bulk sea freight index on Tuesday posted its worst decline on record, pressured by waning rates across vessel segments due to weak demand from China amid surging COVID-19 cases.The overall index, which factors in rates for cap…
Baltic Index Sees Worst Day on Record as Vessel Demand Wanes Read More »