HII and GrayMatter Robotics (GMR) have signed a memorandum of understanding to explore the integration of GMR’s Physical AI into shipbuilding operations that could accelerate throughput.This will include bringing autonomous surface preparation…
HII Teams with GrayMatter Robotics to Integrate AI into Shipbuilding Read More »
Mesabi Metallics, backed by Essar Group, has secured $150 million of financing from Macquarie Group, supporting the Q3 2026 startup of its world-scale Direct Reduction (DR) grade iron ore mine and pellet plant in Nashwauk, Minnesota.The financing…
Mesabi Metallics Secures Funding for New Steel Plant Read More »
Nippon Yusen Kabushiki Kaisha (NYK), NYK Trading Corporation, and Rexxam have jointly introduced “eco CLASPER”, a newly developed car lashing belt made from 99.5% recycled polyester fiber.On March 26, the three companies completed the installation…
NYK Uses Recycled Material for Car Lashing Belts Read More »
Major geopolitical events have led to massive changes in the patterns of global oil transport at sea. This underlines the importance of effective Danish marine environmental preparedness when almost five million barrels of oil pass through Danish water…
Massive Increase in Oil Transport Through Danish Waters Read More »
The Greater Houston Port Bureau Board of Directors has announced the promotion of Corrina Ott to Vice President. Ott joined the Port Bureau in April 2025 and has been responsible for managing the Port Bureau’s Efficiency and Dredging Committee’s…
Corrina Ott Named Vice President of the Greater Houston Port Bureau Read More »