First Commercial Installation Awarded for Michelin’s Inflatable Wind Sail
France’s Michelin Group confirmed the recent awarding of its first commercial contract for its innovative inflatable wind sail for shipping.…
OSM Thome Welcomes New Institutional Investors
OSM Thome is pleased to announce that institutional investors advised by J.P. Morgan Asset Management’s Global Transportation Group (“JPMGTG”) will…
Largest, High-Speed, Hydrogen Ready Multi-Fuel Ferry to be Built by Austal
A unique project to design a large, high-speed next-generation ferry is coming to fruition with news that Sweden’s Gotlandsbolaget has…
Turkey and AD Ports End Negotiations for Izmir’s Alsancak Port
The planned investment by AD Ports Group in Turkey’s Alsancak Port in Izmir has fallen apart after failed negotiations. The…
New Challenges and Delays for U.S. Offshore Wind Projects
The offshore wind energy sector has remained in flux since the inauguration of Donald Trump and his new administration which…
US-Sponsored 30-Nation Naval Exercise Concludes in Bahrain
With a closing address given in Bahrain on February 20, Vice Adm. George Wikoff, commander of US Naval Forces Central…
Water Ingress and Hull Deformation Seen on Stranded MSC Baltic III
The salvage team from T&T Marine Salvage and the Canadian Coast Guard are continuing to assess the situation and develop…