Leading marine technology provider Sonardyne International Ltd. has announced Graham Brown as its new Managing Director. 

Fugro, in a consortium with AS Mosley and the PeriDynamics Research Centre at University of Strathclyde, has been announced as one of eight winners of the Carbon Trust’s Floating Wind Technology Acceleration Competition.

Jotun, a world leading provider of marine coatings, has launched the Hull Skating Solutions (HSS), a break-through in proactive cleaning, offering shipowners an always clean hull in the most challenging operations.   

A mental health and wellness helpline service set up to support sea and shore-based maritime personnel worldwide is receiving increasing requests for assistance as the coronavirus (Covid-19) pandemic crisis mounts.

High in the Arctic Circle lies the Northern Sea Route, one of the planet’s vital shipping arteries. It cuts a journey by almost a third compared to the southern route but it is passing through waters which are mostly frozen. 

MacGregor, part of Cargotec, announces that following the acquisitions of Rapp Marine and TTS in 2018 and 2019 respectively, customers in the Americas will benefit from extended coverage and capability to support all their service needs.

McDermott International, Inc. has announced that the U.S. Bankruptcy Court for the Southern District of Texas (the "Court") has confirmed the Company's Plan of Reorganization (the "Plan") and approved the sale of Lummus Technology to a joint partnership between The Chatterjee Group and Rhône Capital (the "Joint Partnership"). 

A significant portion of the acreage available in Q1 2020 is located in either deep or ultra-deep water, up from the previous quarter, according to leading data and analytics company, GlobalData.

Damen Shipyards Group has signed a contract with Forth Ports Limited for an ASD Tug 2312.

The technology group Wärtsilä and PSA Marine have successfully completed initial sea trials for the “IntelliTug” project. The PSA Polaris, a harbor tug owned and operated by PSA Marine, has been retrofitted with a suite of Wärtsilä technology to enable autonomous navigation.

Oil prices could fall into the low $20s for the global market to rebalance, as Rystad Energy expects an increase in global supplies in the next three months. OPEC+ countries are locked and loaded to add between 1.5 million and 2.5 million barrels per day (bpd), which we estimate is their realistic short-term capability.

In light of the dramatic fall in commodity prices, Marathon Oil (NYSE: MRO) has announced an immediate capital spending reduction of at least $500 million relative to its previously communicated 2020 capital spending budget of $2.4 billion. The revised capital spending budget of $1.9 billion or less represents an approximate 30% reduction in comparison to actual 2019 capital spending.

In recent months, RH Marine experts have made an important contribution to the improvement of the new ISO standard for the autopilot (Heading Control Systems, or HCS) on seagoing vessels.

NOAA is accelerating the advancement of numerical weather prediction — the backbone of life-saving weather and water forecasts in the U.S. — by sharing the first batch of computer code behind National Weather Service models with the scientific community.

The work scope encompasses Project Management, Engineering, transportation and Installation as well as various other support functions to the client’s engineering team.

Talos Energy Inc. ("Talos," or the "Company") (NYSE: TALO) has announced its financial and operational results for the fourth quarter of 2019 and provided an operations update.