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HavocAI Inc., a Providence, R.I. based developer of autonomous uncrewed surface vessel (USV) technology, announced it has closed an $11 million Seed round of funding.The round was led by Scout Ventures, co-led by Trousdale Ventures, and saw additional participation from Outlander VC…
https://www.marinelink.com/news/havocai-raises-million-seed-funding-517298
https://www.marinelink.com/news/havocai-raises-million-seed-funding-517298The families of the six workers who died in the March collapse of the Francis Scott Key Bridge in Baltimore filed lawsuits on Friday against the owner and operator of the cargo ship that struck the bridge.The lawsuits filed in Maryland federal…
https://www.marinelink.com/news/families-workers-killed-baltimore-bridge-517300
https://www.marinelink.com/news/families-workers-killed-baltimore-bridge-517300Cleanup efforts are underway after a 105-foot yacht caught fire, capsized and spilled oil in Marina del Rey, Calif., the U.S. Coast Guard said.The motor yacht The Admiral reportedly went up in flames around 8:30 p.m., Wednesday, and a crew from…
https://www.marinelink.com/news/yacht-fire-triggers-oil-spill-california-517302
https://www.marinelink.com/news/yacht-fire-triggers-oil-spill-california-517302Iron ore futures prices edged higher on Friday but logged a weekly loss, as traders weighed prospects of fresh monetary stimulus from China against the top consumer’s muted economic recovery, while firmer global supply also weighed on prices. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 0.15% higher ...
https://www.hellenicshippingnews.com/dalian-iron-ore-posts-weekly-fall-on-tepid-chinese-economic-recovery/The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, was on its way to registering a weekly gain as higher rates across panamax segment offset losses in the capesize segment. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, edged up 1 point ...
https://www.hellenicshippingnews.com/baltic-index-headed-for-weekly-gain-on-panamax-strength/
https://www.hellenicshippingnews.com/baltic-index-headed-for-weekly-gain-on-panamax-strength/A group of industry specialist companies has achieved a world first for the wind industry, with a major component exchange (MCE) being performed on an offshore floating wind turbine while it remained on site at the Scottish Kincardine offshore wind farm…
https://www.marinelink.com/news/floating-wind-industry-achieves-worlds-517272
https://www.marinelink.com/news/floating-wind-industry-achieves-worlds-517272French engineering company GTT has received an order from its partner Jiangnan Shipyard (Group) for the tank design of six Ultra Large Ethane Carriers (ULEC), on behalf of ship-owner Eastern Pacific Shipping.GTT will design the tanks of these unique ULEC…
https://www.marinelink.com/news/gtt-lands-tank-design-order-six-ultra-517273
https://www.marinelink.com/news/gtt-lands-tank-design-order-six-ultra-517273Cadmatic, a developer of digital 3D-based design, engineering and information management software solutions, announced it has appointed Dr. Detlef Schneider as its new CEO effective from October 7. 2024. Schneider will succeed Jukka Rantala…
https://www.marinelink.com/news/cadmatic-names-detlef-schneider-ceo-517275
https://www.marinelink.com/news/cadmatic-names-detlef-schneider-ceo-517275Mitsui O.S.K. Lines (MOL), through its wholly-owned subsidiary MOL Clean Energy US, has invested in HIF Global, a company developing and operating synthetic fuels (e-fuels) projects, including e-methanol which can be used as an alternative marine…
https://www.marinelink.com/news/mol-invests-us-emethanol-producer-517276
https://www.marinelink.com/news/mol-invests-us-emethanol-producer-517276Damen Shipyards has started construction of three shallow draft multi-purpose support vessels at its shipyard in the United Arab Emirates, in anticipation of an increase in offshore and dredging activity in Arabian Gulf region.The initial program…
https://www.marinelink.com/news/damen-starts-building-support-vessels-517278
https://www.marinelink.com/news/damen-starts-building-support-vessels-517278