U.S. President Joe Biden on Tuesday announced a $3 billion investment from his Inflation Reduction Act to improve the country’s port infrastructure.The investment includes $147 million in awards for the Maryland Port Administration, which owns the Port…
US Awards Nearly $3 Billion for Clean Port Projects Read More »
Major cruise operators are steering their ships – and millions of dollars in investments – into their own private destinations packed with excursions, beaches, bars and restaurants.The phenomenon appears to have started with Royal Caribbean Group…
Cruise Operators Reap Benefits of Their Own Private Islands Read More »
Marine battery manufacturer AYK Energy reports it has secured a contract to build a new 4,200 KWh battery for Spanish ship owner Mureloil. The agreement will see AYK’s Aries + battery supplied on a new 7999 DWT diesel-electric product tanker…
AYK Energy to Supply Batteries for Mureloil’s New Diesel Electric Tanker Read More »
A Biden administration auction of offshore wind development rights in the Gulf of Maine drew $21.9 million in high bids for half of the eight areas offered, the U.S. Bureau of Ocean Energy Management said on Tuesday.Offshore wind developers…
US Gulf of Maine Offshore Wind Auction Draws Just $22 Million in Bids Read More »
Scorpio management talks about how it made sure the market would see it as friendly
DHT Holdings welcomes new ‘passive’ shareholder Scorpio Tankers Read More »