Nichols Brothers to Build Bew San Francisco Bar Pilots Station Vessel

Nichols Brothers Boat Builders (NBBB) has been awarded a contract by the San Francisco Bar Pilots Benevolent and Protective Association to build the organization's next-generation station vessel.Designed by Glosten, the vessel will

Oil Climbs as Hormuz Transit Plan Raises Fresh Concerns

Oil extended gains on Friday amid further concerns around the opening of the Strait of Hormuz, as Iran, working with Oman, suggested banning vessels deemed hostile from the strait and heavily fining

ADNOC L&S Acquires 11 Vessels in $1.3B Fleet Expansion Deal

ADNOC Logistics & Services (ADNOC L&S) has agreed to acquire 11 tankers for approximately $1.3 billion, expanding its crude oil and liquefied petroleum gas (LPG) shipping capacity to support ADNOC Group's growing

Pioneer Consulting to Support FISH West 2 Submarine Cable System

Pioneer Consulting, the submarine fiber optic telecommunications consulting and project management company, is currently under contract with Cordova Telecom Cooperative, Inc. (CTC) to supervise the engineering and design phase of its planned

SDHI to Build Four Svitzer Tugs

Swan Defence and Heavy Industries Limited (SDHI), India’s largest shipbuilding and heavy engineering company, has secured a contract from Denmark-based towage operator Svitzer A/S to construct four advanced TRAnsverse 3200 tugs. Deliveries

Cheniere Energy Increase Annual Profit on Strong LNG Demand

Cheniere Energy raised its forecast for annual core profit on Thursday after beating quarterly expectations on robust demand for liquefied natural gas, sending its shares up 4% in premarket trading.The U.S. has

Shipping Industry Pushes Back Against Proposed Hormuz Passage Deal

A proposed deal between Iran and Oman that would give Tehran control over ships entering the Gulf through the Strait of Hormuz is not easily workable due to U.S. sanctions and restrictive

APA Releases Statement Regarding Yangze 7, Miss Piggy Collission

The American Pilots' Association (APA) issued the following statement regarding the National Transportation Safety Board's (NTSB) final report on the July 19, 2024, collision of the YANGZE 7 and the towboat MISS

Path Robotics, GrayMatter Robotics Sign Production Agreements With HII

HII announced long-term performance-based production agreements with High-Yield Production Robotics (HYPR) team members GrayMatter Robotics and Path Robotics. The signed agreements are designed to accelerate the development and deployment of advanced physical