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Thordon Bearings Expands Baltic Presence with Axioma Servisas Appointment

Thordon Bearings Expands Baltic Presence with Axioma Servisas Appointment

[By: Thordon Bearings] As part of its strategy to penetrate new and emergent markets, Thordon Bearings has appointed Axioma servisas as its sales, service and distribution lead for Lithuania. Li...

EST-Floattech Powers Damen MuC 1908 E with Octopus Battery System

EST-Floattech Powers Damen MuC 1908 E with Octopus Battery System

[By: EST-Floattech] EST-Floattech is to announce that its battery systems have been selected for Damen Shipyards’ Multi Cat 1908 Electric (MuC 1908 E). Proven design in a new innovative concept...

Alabama Shipyard Welcomes USNS Harvey Milk for Post-Shakedown Availability

Alabama Shipyard Welcomes USNS Harvey Milk for Post-Shakedown Availability

[By: Alabama Shipyard] Alabama Shipyard is pleased to announce the arrival of the USNS Harvey Milk (T-AO 206) for its Post-Shakedown Availability (PSA). On Thursday, January 9 th , 2025, we proudly...

Ambipar Response: Environmental Partner in the Epic Sounion Tanker Salvage

Ambipar Response: Environmental Partner in the Epic Sounion Tanker Salvage

[By: Ambipar Response] Ambipar Response, the emergency response division of Ambipar Group, a global leader in environmental management, played an essential role in the high-profile rescue operation...

Russia Claims Ukrainian Attack on TurkStream Subsea Pipeline System

Russia Claims Ukrainian Attack on TurkStream Subsea Pipeline System

  On Monday, Russia's defense ministry claimed that its forces thwarted a Ukrainian attack on shoreside components of the TurkStream gas pipeline, the subsea line that connects Russian producer Gaz...

Shell Finds Unexploded Bomb Next to Gas Pipeline for the Brent Field

Shell Finds Unexploded Bomb Next to Gas Pipeline for the Brent Field

  Shell has confirmed the discovery of an unexploded bomb next to a 40-year-old gas line running across the North Sea.  Unexploded ordnance from World War II - and even earlier - is found regula...

Shell Writes Down its Holdings off Namibia By $400 Million

Shell Writes Down its Holdings off Namibia By $400 Million

After three years and nine exploration wells, Shell has decided to write down the value of its lease area in Namibia's Orange Basin by $400 million.  Shell has discovered oil in more than one of it...

U.S. Sanctions Module Builder Wison Offshore for Working on Arctic LNG 2

U.S. Sanctions Module Builder Wison Offshore for Working on Arctic LNG 2

  Among other measures targeting Russia's energy sector, the Biden administration has sanctioned Zhoushan Wison Offshore for its role in supplying Novatek's Arctic LNG 2 plant with power modules -...

Next U.S. Aircraft Carriers to be Named for Presidents Clinton and Bush

Next U.S. Aircraft Carriers to be Named for Presidents Clinton and Bush

  The U.S. Navy today announced the names for the fifth and sixth carriers of the Fold class. While the ships are a decade away, Secretary of the Navy Carlos Del Toro announced the names of two fut...

Retailers Continue to Front-Load Imports into U.S. Ports

Retailers Continue to Front-Load Imports into U.S. Ports

Retailers are continuing to front-load their imports which is driving up the volumes seen at major U.S. ports. The National Retail Federation in its monthly read on container volumes expects the rus...