French offshore marine services company Bourbon has completed a financial and capital restructuring, with Davidson Kempner Capital Management LP and Fortress Investment Group becoming its majority shareholders.The restructuring marks the start…
Bourbon Completes Financial Overhaul Under New Ownership Read More »
The Association of Maryland Pilots has taken delivery of a new Baltimore Class pilot boat from Gladding-Hearn Shipbuilding.The vessel is a sistership to the first of its class delivered four years earlier.Built with an aluminum hull and based on the Ra…
Gladding-Hearn Delivers High-Speed Pilot Boat to Maryland Pilots Read More »
The Dutra Group, a California-based heavy civil marine contractor, has made a series of senior executive promotions across its core operations and newly acquired subsidiary, as it strengthens management capacity to support long-term growth.Bryan…
Dutra Group Reshuffles Top Management Read More »
The American Bureau of Shipping (ABS) has issued approval in principle (AIP) to Seatrium for its next-generation offshore substation (OSS) design.Seatrium’s design features 500 MW OSS modules, engineered for scalability and aligned with the highest int…
ABS Grants Approval for Seatrium’s Next-Gen Offshore Substations Read More »
Kawasaki Heavy Industries and Japan Suiso Energy have signed a contract to build the world’s largest liquefied hydrogen carrier, marking a step toward the commercialization of an international hydrogen supply chain.The vessel will have a cargo capacity…
Kawasaki Heavy Industries to Build World’s Largest Liquefied Hydrogen Carrier Read More »