A team of researchers based at the Universities of Oxford and Edinburgh have recreated for the first time the famous Draupner freak wave measured in the North Sea in 1995. The Draupner wave was one of the first confirmed observations of a freak wave in the ocean; it was observed

Acta Marine and Ulstein Verft are pleased to announce that the Ulstein SX195 hull of Acta Marine’s second Walk-to-Work vessel from Ulstein ACTA CENTAURUS has now arrived at Ulstein Verft AS Norway. During the coming months she will be further outfitted, commissioned and explicitly tested. Ulstein Verft AS together with

A European Maritime and Fisheries Fund (EMFF) project has been launched to address long-term environmental concerns around the development of emerging wave energy technologies. The 36-month SEA Wave (Strategic Environmental Assessment of Wave energy technologies) project will provide a deeper understanding about the response of host environments to the presence

Finnish wave energy developer, Wello Oy, have launched the next iteration of their Penguin wave energy converter (WEC) into the water in Tallinn, Estonia, as part of the CEFOW (Clean Energy From Ocean Waves) project. The Penguin WEC2 is due to be towed to the European Marine Energy Centre (EMEC)

On 12 September 2018, during the 4th Eastern Economic Forum, a signing ceremony was held for a trilateral agreement on cooperation between Sovcomflot, the Bank for Development and Foreign Economic Affairs (Vnesheconombank) and VEB Leasing. The document was signed by Sergey Frank, President and CEO of PAO Sovcomflot and Igor

Maersk and CargoSphere are introducing a solution for customers to receive digital, fully-automated distribution of its contract rates and amendments. The solution is complementary to Maersk’s online quoting solutions and went live on Monday 20 August. It makes all short-term rates – also known as FAK rates – available close

The largest and most established international maritime expo in the South China Sea region will also feature national pavilions, exhibitors from dozens of industries in the maritime sector, exclusive shipyard visits, networking events, and high-powered seminars. The 8th edition of INMEX China, the largest and most established international maritime expo

She is the second cruise ship to be built for Regent Seven Seas Cruises Thekeel laying ceremony was held today at the Ancona shipyard for the “Seven Seas Splendor”, the second super luxury cruise ship that Fincantieri is building for Regent Seven Seas Cruises, brand of the Norwegian Cruise Line

Wärtsilä and Transocean will optimise the maintenance of all Wärtsilä thrusters installed within the Transocean fleet, while seeking to significantly reduce dry-docking costs by extending the service intervals of the thrusters. The agreement aims to deliver fewer interruptions to operations, which will result in benefits for both parties. The performance-based

Ship Finance International Limited (NYSE: SFL) (“Ship Finance” or the “Company”) announces that it has agreed to sell the 2007-built jack-up drilling rig Soehanah to an unrelated third party and three 2002-built VLCCs to ADS Crude Carriers Ltd. (“ADS”), a newly established company in which Ship Finance has acquired a