VIDEO: Trump signs America-first offshore energy order; Maersk Line to pay $4 billion to acquire Hamburg Sud

VIDEO: Trump signs America-first offshore energy order
VIDEO: Trump signs America-first offshore energy order
April 28, 2017 — In remarks at the signing ceremony, President Trump said: “Today we’re unleashing American energy and clearing the way for thousands and thousands of high-paying American energy jobs.”

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Maersk Line to pay $4 billion to acquire Hamburg Sud
The two companies will be able to realize operational synergies in the region of $350-400 million annually.
Navios swoops again

It has signed an exclusivity agreement with FSL Asset Management Pte. Ltd. and First Ship Lease Trust.
Bourbon to moor France’s first floating offshore wind turbine

The wind turbine will be installed at the SEM-REV site near Le Croisic, France, by the end of the year.
Historic ferry converted to all-electric operation

The historic ferry Föri initially entered service in 1904 and was originally fitted with wood-burning steam engines.
Giant OCV Island Venture to play key role for new alliance

The alliance will provide customers with integrated offshore well intervention packages.
Successful first year for methanol-fueled ships

Methanol is a promising alternative marine fuel and helps the industry meet strict emissions regulations.
Wilhelmsen inks $400 million deal for Drew Marine tech solutions

The acquisition is expected to result in a $150 million increase in annual total income for Wilhelmsen.