Bitcoin news: S&P, Nasdaq hit records as BTC stalls at $75,000, 40% off October peak

MEPC 84 Advances Underwater Radiated Noise Advice

Last week at MEPC 84, the Committee approved a technical guidance circular on co-optimizing propulsion equipment for energy efficiency and underwater radiated noise at the design and retrofit stage.The circular seeks to

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Iran Reduces Oil Production by 400,000 bpd, Further Cut Back Expected

U.S. Energy Secretary Chris Wright said on Thursday that Iran appears to have cut back oil production by 400,000 barrels per day and is likely to reduce it more as its storage

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ABS Acquires RMC Global to Strengthen Cybersecurity, Risk Management Capabilities

ABS, through its affiliate ABSG Consulting Inc. (ABS Consulting), has announced the acquisition of RMC Global (RMC), a provider of industrial cybersecurity, risk management and resiliency solutions.The acquisition strengthens ABS Consulting’s capabilities and market

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Damen Shipyards to Delivery of Two Tugs to Albayrak Group

Damen Shipyards Group has signed a contract with Türkiye's Albayrak Group for the delivery of an ASD Tug 2111 and ASD Tug 2813. This is the first contract between the two companies.The

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Rheinmetall Submits Non-Binding Bid for GNYK Shipyard

German defence group Rheinmetall has entered the race to buy shipyard German Naval Yards Kiel with a non-binding bid, a move that would deepen its push into naval defence and pits it

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Hanwha Ocean Partners with Thordon Bearings on Canadian Submarine Bid

South Korea’s Hanwha Ocean and Canadian marine bearing manufacturer Thordon Bearings have signed a memorandum of understanding (MoU) to explore cooperation on Canada’s submarine procurement program and other naval projects.The agreement focuses

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LNG Supply Disruptions Drive Surge in Coal Shipments, BIMCO Finds

Coal shipments to Japan, South Korea and the European Union rose 27% year-on-year in April as tight gas supplies and disruption to LNG shipments prompted buyers to seek alternative fuel sources for

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OPT Demos Autonomous Offshore Charging for Maritime Drones

Ocean Power Technologies (OPT) has demonstrated autonomous docking, charging and redeployment capabilities for its WAM-V autonomous surface vehicle as part of efforts to support longer-duration offshore operations.The company said the system enables

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Cal Poly Maritime Academy to Set Sail on Annual Summer Sea Term

Over 300 Cal Poly Maritime Academy cadets will soon embark on their annual Summer Sea Term, a 65-day Pacific training voyage aboard the Training Ship Golden Bear, marking both a defining part of a cadet’s