Belgian offshore installation firm Deme Offshore and Dutch company Barge Master, which specializes in offshore motion compensation systems, have partnered up to further develop a U.S. Jones Act-compliant feeder solution for the upcoming offshore wind projects in the U.S.Last year…

Danish wind turbine installation company Cadeler is contemplating a private placement of shares to raise funds to pay for a portion of a planned order for a newbuild offshore wind foundation installation vessel (F-Class) vessel.The company, which owns two offshore wind turbine installation vessels…

The Baltic Exchange's main sea freight index rose to a near six-week high on Wednesday, helped by higher rates for capesize and panamax segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 73 points…

Navios Maritime Partners, an owner and operator of dry cargo and tanker vessels, said Wednesday it had agreed to buy purchase four 115,000 dwt LR2 (Long-range 2) newbuilding tankers, for a purchase price of $58.5 million each plus $4.2 million…