GE Marine Solutions’ LM2500 marine engines power the U.S. Navy’s newest Independence class Littoral Combat Ship (LCS) USS Cincinnati (LCS 20), which was christened May 5 at the Austal USA shipyard in Mobile, Ala.Each of the ship’s two LM2500 engines pr…
GE Engines Power USS Cincinnati Read More »
Japanese shipbuilders Mitsui E&S Shipbuilding Co., Ltd. (MES) and Tsuneishi Shipbuilding Co., Ltd. announced they have signed a business cooperation agreement to partner in areas of commercial shipbuilding.The compatriot shipbuilders had announced…
Japanese Shipyards Ink Cooperation Agreement Read More »
More maritime operators increased their training budgets from 2016 to 2017 than decreased it, according to the Maritime Training Insights Database (MarTID) 2018 Training Practices Report.When compared to 2016, around 40 percent of survey respondents…
Maritime Training Budgets Increasing -MarTID Report Read More »
Thanks to increasing levels of debt financing for climate-aligned projects, wind-generated power has become one of the fastest-growing green industries. Jessica Williams, an Infrastructure Analyst at S&P Global Ratings, considers the submarine…
Under the Sea: A Roadmap for Renewable Energy Read More »
As the severity of the offshore energy downturn has increased and the likelihood of older vessels returning to work begins to diminish, owners have slowly come round to the importance of scrapping these vessels. According to VesselsValue, U.S.
OSV Scrapping Rates Up 153% YTD Read More »