In February Gard published the results of its review of Lloyds Open Form (LOF). Their review indicated a disturbing reduction in the number of LOF contracts, and noted some other concerns with regard to loss of use of LOF in salvage situations.Lloyds Open Form is a classic and…

Turkey launched its first amphibious assault ship on Monday, aiming to extend its drone capabilities from land-based to naval operations amid increased regional tensions as war rages in Ukraine on the other side of the Black Sea.The TCG Anadolu can handle only light aircraft…

California-based Curtin Maritime Corp. announced it has added a truckable tug to its fleet.The vessel, Edna C, will initially be deployed in Houston, where it will work alongside the DB Ironbound, a multi-functional ABS barge paired with a Lima 2400B 150-ton crawler crane.After several months…

Swiss lender Credit Suisse has won a $41 million lawsuit against a member of the Saudi royal family over a loan to refinance a super yacht, with London’s High Court ruling there was no viable defense to the bank’s case.Prince Fahad bin Sultan…