Bureau Veritas Launches Gas Center of Excellence in Doha
Bureau Veritas Marine & Offshore (BV) announced the launch of its Gas Center of Excellence in Doha, Qatar, strengthening its commitment to supporting the continued growth of LNG and gas projects worldwide. The Center brings together BV’s expertise in gas carrier operations, classification, and regulatory compliance to deliver integrated, future-ready support across the gas value chain.Staffed by a team of gas specialists with experience in gas carrier operations, both for new building phases and for vessels in service…
FMD Wins IDC USCG Contract for Welin Lambie Davit
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), announced that Welin Lambie has been awarded an Indefinite Delivery Contract (IDC) to provide aftermarket support for Welin Lambie davits installed across the U.S. Coast Guard (USCG) fleet. This contract ensures access to OEM-quality parts and support services to ensure fleet readiness and the long-term reliability of critical launch-and-recovery systems. The framework contract was signed in July 2025 and includes a base year with four one-year options, extending potential support through 2030.
WinGD, Qatar Shipyard Technology Solutions Cooperate on Engine Service
WinGD has signed a memorandum of understanding (MoU) with Qatar Shipyard Technology Solutions, a leading shipbuilder and repair yard, to expand engine aftercare and technical services in the Middle East. The partnership, agreed upon during Nor-Shipping in June, will strengthen delivery of WinGD’s new lifecycle services offer, Global Service by WinGD, to Middle Eastern ship operators by enhancing regional capabilities in engine maintenance, repair, overhaul, and retrofitting.The collaboration will leverage Qatar Shipyard Technology Solutions’ strategic location and quality infrastructure…
Danos Acquires Panel Specialists
Danos acquired substantially all assets of Panel Specialists Inc, expanding its technical services in automation and panel fabrication. The move also strengthens Danos’ pressure valve repair services by adding VR and T/O certifications from the National Board of Boiler and Pressure Vessel Inspectors.“This acquisition is a significant step forward in delivering even greater value to our customers,” said Paul Danos, CEO of Danos. “By combining our strengths, we can enhance the quality…
Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO
Yinson Production, via its joint venture PTSC South East Asia (PTSC SEA), has secured a lease and operate contract for a new floating storage and offloading (FSO) unit for Vietnam’s offshore Block B gas development.The contract was awarded by Phu Quoc Petroleum Operating Company (PQPOC), the operator of Blocks B 48/95 and 52/97, on behalf of state-run Petrovietnam. The project marks a key milestone in Vietnam’s push to enhance energy security and offshore infrastructure.The contract includes a firm term of 14 years, with an option to extend for up to nine additional years.
Carboline Appoints New Vice President of Global Research
Carboline has announced that Dr. Ali Shah has joined the company as Vice President of Global Research, Development, and Innovation.Shah brings over 22 years of product innovation experience, having held leadership positions with renowned global chemical companies, including Dow, Eastman, PPG and Lubrizol. His extensive expertise reflects Carboline’s ongoing commitment to delivering cutting-edge solutions to the market.“Carboline has a strong legacy of leading with technology and innovation,” said Shah.
APC Names Liu Global Tech Services Manager
Advanced Polymer Coatings (APC), the Ohio, USA-based manufacturer of protective tank coatings for chemical and product tankers, appointed Daniel Liu as its new Global Technical Services Manager. Liu is an 18-year veteran with APC, most recently serving as the company’s Technical Services Manager for East Asia and Western Pacific Region.APC is on a strong growth trajectory, aiming to quadruple its manufacturing capacity with a new state-of-the-art automated manufacturing system.
Elomatic Acquires Finnish Cruise Vessels Refit Firm
Finland-based consulting and engineering company Elomatic has acquired Ablemans LCS (ALCS), a compatriot company specializing in cruise vessel refits, dockings and technical services.The acquisition of ALCS will enhance Elomatic’s offerings for shipowners, providing a full suite of technical services and solutions.ALCS brings experience in managing refit and retrofit projects for the shipbuilding industry, expanding Elomatic’s service capabilities beyond design solutions.By combining…
JA Moody Announces Partnership with New Heritage Capital
JA Moody, a maritime supplier of fluid control valves, actuators, strainers, parts and services to the United States Navy and Commercial Marine industry, today announced a strategic partnership and investment from New Heritage Capital ("Heritage"), a Boston-based private equity firm specializing in founder-owned businesses.The investment was structured using Heritage's Private IPO solution, which preserves operational control for JA Moody's management while providing capital for accelerated growth.
Yinson and PetroVietnam JV Get FSO Contract for Vietnamese Field
PTSC Asia Pacific, a joint venture between Yinson Production and PetroVietnam Technical Services Corporation (PTSC), has secured a contract for the provision, charter, operation and maintenance of the floating storage and offloading (FSO) vessel for the Lac Da Vang project offshore Vietnam.PTSC Asia Pacific executed the contract with Murphy Cuu Long Bac Oil, a wholly owned subsidiary of Murphy Oil Corporation.The FSO will be a newbuild double-hull vessel with storage capacity around 500…
GTT Pens Technical Services Deal for Eight Maran Tankers’ New Suezmax Vessels
GTT has signed technical services contract with Maran Tankers, the oil tanker shipping arm of the Angelicoussis Group, for their upcoming eight LNG dual-fuel Suezmax vessels.The vessels have been ordered in 2023 at New Times Shipyard in China.Although the future Suezmax vessels will not be equipped with GTT systems, Maran Tankers has chosen to collaborate with GTT due to its experience for ensuring performance and safety of LNG dual-fuel vessels.The contract involves GTT providing…
Anglo-Eastern to Manage Windcat’s Hydrogen-Powered CSOV
Offshore personnel transfer company Windcat, part of CMB.TECH, has partnered with Anglo-Eastern for the technical and crewing management of the first out six ordered hydrogen-powered Commissioning Service Operation Vessels (CSOVs).Windcat has ordered six Elevation Series CSOVs, to be built by Damen Shipyards, with the latest ordered placed in July 2024.Windcat already collaborated with Anglo-Eastern Technical Services (AETS), Anglo-Eastern's technical consulting arm, which was…
US Marine Economy Continues Growth Trend -Report
Sales and jobs in the United States' marine industry are on the rise, according to the most recent statistics from the annual Marine Economy Satellite Account (MESA) released by two Department of Commerce agencies — NOAA and the Bureau of Economic Analysis (BEA).In 2022, the American marine economy contributed a total of $476 billion in economic impact, making up nearly 2% of the nation’s gross domestic product (GDP). It generated $777 billion in sales, and supported 2.4 million jobs in 2022.“A strong, sustainable marine economy helps build a greater, more Climate-Ready Nation,” U.S.
Bluestone to Supervise Construction of Prysmian's Two New Cable Layers
Bluestone Group, a maritime technical services company, has secured a contract for plan approval and site supervision of two new cutting-edge cable-laying vessels operated by Prysmian.The two new cable-laying vessels, the first of which is under construction and the second under design, will reinforce Prysmian’s submarine project execution capabilities.The first vessel, which will be an evolution of Prysmian’s preceding vessel, Monna Lisa, is being built by the VARD Group, a subsidiary of the Fincantieri Group.With a length of approximately 190 meters and a breadth of about 34 meters…
MAN Energy Solutions Opens Service Hub in Singapore
MAN Energy Solutions has opened its largest service hub outside of Europe, located in Tuas, Singapore.The EUR 20 million (S$30 million) investment will include a new MAN PrimeServ training academy for customers and employees, a logistics center to serve as the warehouse for Asia, and a PrimeServ workshop to provide maintenance and repair services, including for MAN Energy Solutions’ alternative-fuel engines.The facility has over 9,000 square metres of floor space, and MAN expects…
GTT Inks Technical Services Deal for JOVO-Operated LNG Carriers
French engineering company GTT has signed two new technical services agreements with China-based energy supplier JOVO for its LNG carriers.The contracts cover GTT's assistance and operational support for LNG carriers operated by JOVO.GTT will provide its field expertise for inspections, maintenance, repairs and engineering consultancy.JOVO will also benefit from access to GTT's HEARS emergency hotline, available 24/7, to provide rapid technical assistance to crews.These new partnerships follow a first services contract…
Silverstream and Franman Ink Agency Agreement
Maritime clean technology company Silverstream Technologies and equipment and technical services provider Franman have signed an agency agreement to support sales of the Silverstream System within Greece.Under the agreement, Franman will act as a representative for Silverstream in the Geek market and reach more potential end users of the technology to explore how it could be incorporated across their fleets.Noah Silberschmidt, founder and CEO of Silverstream Technologies, said…
Wind-assisted Propulsion for World's Largest Ore Carrier
Brazilian mining firm Vale will install five Rotor Sails from Anemoi Marine Technologies Ltd (“Anemoi”), a supplier of wind-assisted propulsion technology for commercial vessels, onboard a 400,000 dwt Valemax, the world’s largest ore carrier. The vessel is owned by Omani shipowner, Asyad.Five 35-meter-tall, 5-meter-diameter cylindrical sails will be installed on the Sohar Max VLOC. The Rotor Sails will be installed on Anemoi’s folding deployment system, whereby the sails can be folded from vertical to mitigate impact on air draft and cargo handling operations.
Philly Shipyard Wins Contract for Hospital Ship Design Study
U.S. shipbuilder Philly Shipyard announced it has been awarded a contract to develop preliminary designs for vessels to replace the U.S. Navy's two current Mercy-class hospital ships.The T-AH(X) Hospital Ship Feasibility Study contract was awarded by Gibbs and Cox, a Leidos Inc. company. Philly Shipyard said it will subcontract to Vard Marine Inc. to provide engineering and technical services for the six-month design study, and that the pair would leverage design work performed as part of a special study completed for the U.S.
TDI-Brooks Breaks Ground on New Technical Building
TDI-Brooks announced it has broken ground on a new 16,000 square foot technical building at its headquarters in College Station, Texas, north of of Houston.The building is designed with 5,000 square feet of new office space along with technical work spaces, fabrication shops and storage areas. TDI-technical staff plan to move into the building by the end of the year.“This new location will not only allow for the growth of staff we’ve employed to keep up with the growing demand for our technical services in offshore wind…
GTT and Ascenz Marorka Win CMA CGM Service Contract
GTT has signed a Technical Services Agreement (TSA) with the CMA CGM Group for maintenance and operation services for 49 biomethane and e-methane ready LNG-powered container vessels all equipped with GTT's Mark III, Mark III Flex and Recycool technologies.The agreement includes GTT on-site technical assistance for inspection, maintenance, repairs, operations and engineering services. GTT Training will offer its extensive training program for onshore personnel and CMA CGM sea going crew.
Growing Tanker Fleet, Cheaper Freight Challenge Russian Oil Price Cap
Russian crude oil producers are enjoying the cheapest costs to ship to refiners in China and India in almost a year thanks to a growing number of vessels plying the routes, according to trading and shipping sources.The arrival of new shippers working outside the purview of Western governments allows Russian firms to earn more than the $60 per barrel cap that the U.S. and its allies had aimed to impose on Russia through sanctions. It also means that enforcing the price cap will have a limited impact on Russian revenues.On Thursday, the U.S. imposed the first sanctions on owners of tankers carrying Russian oil above the cap, one based in Turkey and one in the United Arab Emirates…
MAN Energy Solutions and Doen WaterJets Partner for Australian Military Tender
MAN Energy Solutions and Doen WaterJets (DOEN) have agreed to join forces to offer a fully integrated propulsion system solution to the Australian Army’s LAND 8710 Littoral Manoeuvre Vessel Phase 1A (LMV-M) program.The program aims to acquire a medium landing craft suitable for a range of missions in Australia’s northern waters and beyond.The cooperation spans the full product lifecycle including propulsion system design, integrated logistics support and commissioning, through…