The United Nations on Thursday fell far short of raising the money it needs for an operation to salvage 1.1 million barrels of oil from a decaying vessel moored off Yemen's coast and avert an environmental disaster.U.N. officials have been warning…

NOV has signed a new contract with China's CIMC Raffles to supply another GustoMSC™ NG-20000X self-propelled wind turbine installation jack-up vessel design for Havfram, an offshore wind services company based in Norway, which recently ordered…

Lithium-ion batteries and other possible ignition sources could pose a fire safety issue in the transportation of scrap materials as cargo, the National Transportation Safety Board (NTSB) said Thursday.Although scrap metal cargo is typically nonhazardous and poses a low fire risk…

Propspeed, manufacturer of underwater foul-release coatings, announced it has promoted Marcus Hamilton from the international sales director to the position of CEO.Hamilton comes to the position with more than 10 years of experience in the marine industry…