Italy's Fincantieri said its sales rose 18% in the first-quarter to 1.7 billion euros ($1.76 billion) driven by a strong performance of its core shipbuilding business.Earnings before interests, taxes, depreciation, and amortization (EBITDA) were up 17.2% at 118 million euros.

The Baltic Exchange's main sea freight index  rose to an over one-month high on Thursday, boosted by higher rates for capesize and panamax segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels…

The U.S. Bureau of Ocean Energy Management (BOEM) said Thursday it had completed its environmental review of potential impacts from offshore wind energy leasing activities in the Humboldt Wind Energy Area, located 20 miles offshore northern California.

Hornblower Group on Thursday announced its subsidiary Hornblower Energy has received an $8 million grant from the U.S. Department of Energy (DOE) to design, construct and operate the first asset of its kind to produce green hydrogen through…