A new ammonia floating storage regasification unit (FSRU), the first of its kind in Korea, has been awarded approval in principle (AIP) from Lloyd’s Register (LR), the classification society announced Tuesday.Developed by HD Hyundai Heavy Industries…

Hundested Propeller announced it has acquired Ocean Marine Systems Ltd (OMS) and with immediate effect welcomes the U.K. organization as a subsidiary.For over 100 years, Hundested Propeller has been a manufacturer of marine equipment and today…

A proposal by U.N. chief Antonio Guterres on improving and extending a deal on the safe Black Sea export of Ukrainian grain can succeed only if the international community collectively pressures Russia, a senior Ukrainian official said on Tuesday.Guterres, the U.N.

The U.S. Bureau of Ocean Energy Management (BOEM) on Tuesday invites public comment on, and assesses interest in, possible commercial wind energy development in areas offshore Massachusetts, New Hampshire, and Maine.BOEM said the call represented…