L3 Technologies (NYSE:LLL) announced today that it acquired ASV Global, LLC, a leading unmanned surface vessel (USV) and autonomous vessel control systems company on September 20.
The Offshore Renewable Energy Catapult is allowing companies to test and verify new lidar technologies onshore at the 7MW Levenmouth demonstration wind turbine in Fife, Scotland.
The Eastern Mediterranean’s largest port, Piraeus, was the star of the recent China Global Television Network (CGTN) report ‘Where the maritime silk road meets land’.
Mediterranean Shipping Co (MSC) has followed its alliance partner Maersk Line in announcing a new fuel surcharge from 1 January 2019 to take into account the additional cost of the IMO’s 0.5% global sulphur cap from the start of 2020.
Considering the expected growth in US LNG exports over the next several years, it is natural to focus on the developers, construction contractors, regulators and contract pricing mechanisms that enable the resources to flow.
Germany, one of the world’s main maritime players, saw its commercial fleet shrink by a third over the past six years, becoming the biggest loser in a vicious industry slump that has reshaped global shipping.
Tighter global shipping pollution regulations from 2020 will lead to a temporary surge in oil demand while denting the oil revenues of producers of heavy or high sulfur crudes