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SWITCH Maritime Secures $10M to Expand Hydrogen and Electric Ferry Fleet in US

SWITCH Maritime LLC, a US-based company developing electrified, zero-emission ferries powered by battery and hydrogen fuel cell, has raised $10 million in a Series A round led by Nexus Development Capital to grow its fleet. Founded in 2018 by a …
Nov 20, 2023 / Curious

Jackson Offshore Operators adds another PSV to fleet

Jackson Offshore Operators LLC is growing its platform supply vessel (PSV) fleet with the acquisition of the M/V Storm. Once it has completed regulatory requirements, the vessel will commence a five-year contract with Shell in the U.S. Gulf of …
Nov 2, 2021 / Vessels

ERMA FIRST adds world’s smallest ballast water treatment system to product range

Global ballast water equipment manufacturer ERMA FIRST is bringing the world’s smallest and easiest to install ballast water treatment system to the international market through its acquisition of US firm oneTANK LLC.oneTANK, a subsidiary of naval …
Jul 27, 2021 / Curious

Expro and FTAI ocean LLC form exclusive well intervention vessel alliance

International oilfield service company Expro Group (Expro) has formed an exclusive alliance with global vessel provider FTAI Ocean LLC (FTAI Ocean), a subsidiary of Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI), for the supply …
Mar 18, 2021 / Vessels

Krasnoye Sormovo shipyard launches dry cargo carrier Leonid Pestrikov intended for Alfa

It is the fifth ship in the series of nine RSD59 ships ordered by STLCNizhny Novgorod, Russia based Krasnoye Sormovo shipyard (a company of the United Shipbuilding Corporation) has launched the Leonid Pestrikov, dry cargo carrier of Project RSD59, …
Feb 12, 2021 / Vessels

MOL Signs Charter Contract for Three Ice-Breaking LNG Carriers for Arctic LNG 2 Project in Russia

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL), today announced that charter agreements were signed for three icebreaking liquefied natural gas (LNG) carriers with LLC ARCTIC LNG 2, the largest shareholder of which is PAO NOVATEK, through a wholly owned …
Nov 2, 2020 / Vessels

Bernhard Schulte Offshore and MidOcean Wind extend transatlantic cooperation with joint venture for U.S. offshore wind industry

Bernhard Schulte Offshore GmbH (BSO) and MidOcean Wind LLC (MOW) have entered into a joint venture to build and operate support vessels for the U.S. offshore wind industry as well as explore opportunities in other sectors of U.S. merchant …
Oct 28, 2019 / Vessels

Foss Maritime and Østensjø Rederi AS announce MOU to establish an SOV partnership

Foss Maritime LLC and Østensjø Rederi AS have signed a Memorandum of Understanding to establish a partnership to provide domestic Service Operation Vessels (SOVs) to owners and operators of offshore wind projects in US waters.The new partnership …
Oct 3, 2019 / Vessels

Vineyard Wind: Heerema participates in largest US Offshore Wind Project

Dutch offshore contractor Heerema has been assigned to help build the first and largest commercial offshore wind farm in the United States. The prestigious 'Vineyard Wind LLC' project is the nation's first utility-scale offshore wind energy project. …
Jul 12, 2019 / Curious

Sovcomflot, NOVATEK, COSCO, Silk Road Fund sign joint venture agreement

During the 2019 St. Petersburg International Economic Forum, PJSC NOVATEK, PAO Sovcomflot, China’s COSCO SHIPPING Corporation Limited, and the Silk Road Fund Co., Ltd, signed a four-party agreement to establish a joint venture Maritime Arctic …
Jun 7, 2019 / Curious