Boluda Towage announced it has reached a deal to acquire British company SMS Towage Ltd.The acquisition involves taking over the harbor and offshore towage services and marine operations, together with the management, office staff, crew, and fleet, bas…
Boluda Towage Acquires SMS Towage Read More »
Dry-docking costs and hedging against a seasonal slowdown that never came weighed on results of US-listed spin-off
United Maritime maintains dividend despite first-quarter loss Read More »
Technologies are mature and ready to support maritime work towards 2050 net-zero goals but regulations around systems development require further work.The complex decarbonized systems of the future will require autonomous management systems for viable …
Autonomy Will Advance Maritime Decarbonization Read More »
The European Union’s anti-piracy force in the Indian Ocean and Red Sea said on Friday the Liberian-flagged merchant vessel Basilisk had been freed from suspected pirates off the coast of Somalia and its 17 crew members were safe.The ship was attacked b…
Cargo Ship Freed from Suspected Pirates off Somalia Read More »
The U.S. Department of Defense announced that Fincantieri Marinette Marine was awarded a contract valued at more than $1 billion to build the fifth and sixth Constellation-class Frigates for the U.S. Navy. FMM received the contract for the lead ship of…
Fincantieri Marinette Marine Lands $1 Billion Order for Two More Navy Frigates Read More »