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CMA CGM plans to pour $20 billion into US maritime sector in next four years

French shipping and logistics major CMA CGM has decided to invest $20 billion over the next four years to strengthen the U.S. maritime transport and logistics, boosting the maritime economy and fostering shipbuilding capabilities. The post CMA CGM plans to pour $20 billion into US maritime sector in next four years appeared first on Offshore Energy.

REGENT’s Viceroy seaglider prototype embarks on sea trials (Video)

REGENT Craft has revealed the first full-scale seaglider prototype and completed the first on-water tests, kicking off sea trials that are expected to culminate in the first human seaglider flight in mid-2025. The post REGENT’s Viceroy seaglider prototype embarks on sea trials (Video) appeared first on Offshore Energy.

WATCH: Transocean rig on its way to kick off 10-well drilling gig

One of the semi-submersible rigs, owned by Transocean, is on the move to reach an offshore site where it will embark on a multi-well drilling campaign to unlock natural gas from a project in the Black Sea. The post WATCH: Transocean rig on its way to kick off 10-well drilling gig appeared first on Offshore Energy.

LR: LNG retrofits surge amid shipowners’ forage for immediate carbon reductions

The maritime industry has witnessed the resurgence of engine retrofits to LNG marine fuel in 2024 as shipowners’ short-term solution for immediate carbon reductions amid strengthening regulatory requirements, Lloyd’s Register (LR) found in its latest Engine Retrofit Report. The post LR: LNG retrofits surge amid shipowners’ forage for immediate carbon reductions appeared first on Offshore Energy.