According to a Nov. 5 report from Bloomberg, Northrop Grumman Corp. told private- equity firms it is scrapping a plan to sell its shipbuilding business and will instead pursue a spinoff of the unit, three people with knowledge of the matter said.
(Source: Bloomberg)
Michael Carter and Steven Henderson grew up together in North Carolina, attended the United States Merchant Marine Academy (USMMA) together…
Inland Rivers, Ports & Terminals (IRPT) has announced the election of two industry leaders to its Board of Directors, representing…
The Zero Emissions Ship Technology Association (ZESTAs) launched the Global Liquid Hydrogen Alliance (Alliance), a new international…
Norwegian shipbuilder Ulstein Verft has delivered Nexans Electra, a DP3 cable‑laying vessel (CLV), to Nexans, strengthening…
IntroductionAs the global maritime industry accelerates its decarbonization transition, battery technology is becoming a core pillar of next-generation vessel power systems.
AKA Energy Systems on their 30th Anniversary and Sustainable Energy Katapult Centre establish a shared platform to attract, develop, and validate marine and clean technologies in both nations.
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