Marine services company Lind Marine has been sold by private equity firm Kingswood Capital Management to infrastructure-focused investment firm Tallvine Partners.
U.K.-based maritime technology and defense company SubSea Craft plans to expand operations into Virginia Beach as the company grows its presence in the U.S. maritime and defense market.
New York lawmakers introduced legislation that would require publicly funded ferry operators to transition to zero-emission vessels over the next decade while directing the state to study charging infrastructure needed to support electric ferries.
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