
SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has received a stamp of approval for its NearZero floating production storage and offloading (FPSO) design from the American Bureau of Shipping (ABS), a classification society.

Lawmakers in the United States have announced the reintroduction of the SHIPS for America ACT, a landmark legislation to revitalize the U.S. shipbuilding and commercial maritime industries and counter China’s dominance.