Fincantieri Presents Underwater Segment, Revenue Expected to Reach 920 Million in 2027

During the DEEPDIVE - Analyst and Investor Underwater Day held in Milan, Fincantieri presented its long-term strategic vision for the development of its underwater segment to the financial community.Accounting for about 4%

St. Johns Ship Building Delivers Third CTV for U.S. Offshore Wind Operations

St. Johns Ship Building, a Palatka, Florida-based Jones Act-compliant shipyard owned by Americraft Marine, announced the delivery of the WINDEA Reliance, the third and final vessel in a series of 30-meter aluminum

First LNG Ship Bunkering Hub on US Gulf Coast Secures Permits to Start Work

A joint venture project developing the first marine fuel facility for liquefied natural gas in the U.S. Gulf Coast has secured final permits and construction is expected to begin later this year,

ABS Chairman and CEO Offers Inspirational Message to George Washington University Engineering Graduates

“Remember, you have been expressly trained to become the leaders of tomorrow. And we will need your leadership vision, not to mention every bit of your ingenuity and sweat, if we are

US Gulf Coast’s First LNG Ship Bunkering Hub Secures Final Permits

A joint venture project developing the first marine fuel facility for liquefied natural gas in the U.S. Gulf Coast has secured final permits and construction is expected to begin later this year,

Lamprell, Dong Fang Offshore Sign Wind Turbine Installation Vessel Deal

Lamprell has signed a memorandum of understanding (MoU) with Dong Fang Offshore (DFO) for a newbuild NG-9000X wind turbine installation and maintenance vessel.The newbuild vessel will support offshore wind activities in the

Akastor Cancels $25M Sale of Skandi Peregrino AHTS Vessel

Akastor’s fully-owned subsidiary DDW Offshore has canceled the sale of Skandi Peregrino anchor handling tug supply (AHTS) vessel.The agreement to sell Skandi Peregrino AHTS, first announced in early March 2025, was conditional

Ship Recyclers Face Confusing Market Fundamentals

Ship recycling markets saw the U.S. dollar surge against nearly all ship recycling nation currencies (except China) last week, reports cash buyer GMS.Steel plate prices firmed / declined / flatlined in a

Coast Guard Investigates Fires in Puerto Rico

The US Coast Guard Sector San Juan marine investigators and vessel inspection teams are investigating two separate and unrelated vessel fires in Puerto Rico.Both vessel fires were successfully extinguished, and there are