The superyacht that sank off Sicily last year, killing British tech tycoon Mike Lynch and six others, will be recovered once its mast is dismantled in a salvage operation likely to begin after the middle of April, a source close to the matter…
Bayesian’s Mast to be Removed Before Recovery Read More »
A.P. Møller – Maersk has decided to initiate a share buy-back program of up to DKK 14.4 billion (around $2 billion) to be executed over a period of 12 months.The purpose of the program is to adjust the capital structure of the company ultimately throug…
Maersk Initiates Share Buy-Back Read More »
Costamare has reported a net income of $290.7 million as part of its unaudited financial results for the fourth quarter and year ended December 31, 2024, also noting its plans to renew its owned fleet.Gregory Zikos, Chief Financial Officer of Costamare…
Costamare Upsizing Fleet Read More »
ABS has issued a statement of maturity to Aikido’s floating wind platform which is designed to be assembled more quickly in smaller port areas and transported using existing barges. This could enable faster and cheaper development of floating offshore …
ABS Approves Collapsible Floating Wind Platform Read More »
Levels in 2025 could outstrip those of 2024, says ITF
‘It’s an outrage’: Seafarer abandonment figures are bad and getting worse Read More »