Trump's Likely First Energy Policy Moves
President-elect Donald Trump has promised to maximize U.S. oil and natural gas production - already at record highs - in part by clearing away what he deems as unnecessary regulation and bureaucracy.Here are some of the energy-related executive orders Trump could announce during his first days in office, as he seeks to follow through on that promise.CLIMATE WITHDRAWALTrump could order the U.S. to withdraw from the 2015 Paris Agreement…
EU naval force: Allegedly hijacked Chinese fishing vessel liberated
A Chinese fishing vessel that was allegedly hijacked last month in Somalia's waters, in the semi-autonomous Puntland region, has been liberated, the European Union's…
Port of New Orleans wins $1 Million EPA Grant
The Port of New Orleans (Port NOLA) announced that it has been awarded $1,000,000 from the Environmental Protection Agency (EPA) for its Louisiana International Terminal (LIT) Sustainability Management Plan (SMP)."This funding is a crucial investment in Louisiana’s future, supporting sustainable infrastructure and creating meaningful opportunities for our communities. The Louisiana International Terminal…
Dozens of tankers drop hook as US sanctions bite
At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions package on Jan. 10, ship tracking data showed on Monday.Five of those tankers were stationary off Chinese ports and a further seven dropped anchor off Singapore, with others halting near Russia in the Baltic Sea and the Far East, according to Reuters' analysis based on MarineTraffic and LSEG ship tracking data.The U.S.
Capesize carries Baltic Index to One-month High
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit more than a one-month high on Monday on the back of higher capesize rates.The index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 45 points at 1,093 points, its highest level since Dec. 11.The capesize index rose 167 points to 1,615 points, a six-week peak.
Finland: Tanker Sabotage Crew poised to cut cables when caught
Crew on board an oil tanker accused of sabotaging undersea power and communications cables in the Baltic Sea were poised to cut other cables and pipelines when Finnish authorities boarded the vessel last month, the head of the Finnish investigation said.Baltic Sea nations are on high alert after a string of power cable, telecom link and gas pipeline outages since Russia invaded Ukraine in 2022. Leaders…
Panama Canal Slots Going Unfilled
The average number of vessels that passed through the Panama Canal in December increased to 34.2 per day, according to a notice from its authority seen on Monday, but the waterway did not fill all the slots on offer, a sign that some ships continue taking alternative routes.The canal, the world's second busiest and the only interoceanic way that operates with freshwater, between August and September…
HII Christens Amphibious Vessel Harrisburg (LPD 30)
HII has christened San Antonio-class amphibious transport dock Harrisburg (LPD 30) at the company’s Ingalls Shipbuilding division.“Today is more than just a christening; it is a celebration of craftsmanship, commitment and the enduring purpose of the work we do every day at Ingalls,” Ingalls Shipbuilding President Brian Blanchette said. “Like its namesake, Harrisburg — with its rich history of strength…
Tanker hit by Houthis salvaged, Red Sea disaster averted
A risky operation to salvage an oil tanker attacked by Houthi militants in the Red Sea and avert what could have been one of the largest oil spills in recorded history has been completed…
Brig USA, Fluid Marine name Herndon President
Brig USA and Fluid Marine announced today that Carl Herndon was recently named company President.Herndon will lead Brig USA’s recreational Rigid Hull Inflatable Boat (RHIB) division as well as Fluid Marine’s Patrol, Search and Rescue (SAR) and Swift Water Rescue (SWR) boat sales and production.Herndon joins Brig and Fluid as the company expands its market reach, providing Brig recreational RHIBs via nationwide dealers and Fluid patrol boats to state…
Fairbanks Morse wins POs from Austal USA
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has received POs from Austal USA to provide critical equipment for the U.S. Navy’s next-generation TAGOS-25 program.Through Fairbanks Morse Defense businesses American Fan, Federal Equipment Company (FEC), Maxim Watermakers, and Welin Lambie, the defense supplier will deliver and install fundamental systems…
Ostseestaal/Ampereship will build all-electric ferry
Stralsunder Ostseestaal GmbH & Co. KG has been commissioned by Hafenprojektgesellschaft Helgoland mbH with the development and construction of an all-electric ferry.The so-called dune ferry will connect the German North Sea island of Heligoland with the neighbouring island of Dune. It will replace the ‘Witte Kliff’ ferry, which has been operating on the approximately one kilometre-long route since 1997 and is powered by conventional marine fuel.
An (Electric) Jolt for the Passenger Vessel Industry
The domestic passenger vessel answers the call for cleaner and more efficient platforms. It is truly an electric time to be a part of this niche industry.In the shadow of a rapidly changing political landscape, the domestic passenger ferry sector is nevertheless seeing an increasing number of newbuild vessel orders. Older fleet vessels, some approaching financial and operational obsolescence – also…
Fincantieri and Hera Group Set Up Unit for Shipyards Waste Management
Fincantieri and Hera Group have established CircularYard, a new company aimed at developing an innovative integrated waste management system in Fincantieri's eight Italian shipyards with an approach based on the circular economy.The result of a partnership between the multi-utility and the leading global shipbuilding company, the new company aims to oversee and improve the entire waste management process at all Fincantieri shipyards in Italy and…
Newbuild Tug Joins McAllister Towing’s Fleet
New-York-based McAllister Towing and Transportation Company has welcomed a newbuild tractor tug to its fleet under the name of Isabel McAllister.The christening and the launch ceremony for the newbuild tug took place earlier in January, according to an update shared by Brian Buckley McAllister, President at McAllister Towing.Built by Washburn and Doughty Associates, the tug is rated at 6,770 horsepower…
Glamox to Illuminate Fjord1’s Autonomous Ferries
Lighting solutions specialist Glamox has booked a contract to light four Fjord1’s autonomous-ready ferries, expected to be the first in the world to operate independently of human intervention.Glamox was awarded the lighting contract from Tersan Shipyard in Turkey where the vessels are being built for the Norwegian operator Fjord1.The company will provide a total of approximately 2,160 marine-certified lights to light the interior and exterior of the four vessels.For each ferry…
Russia Accuses Ukraine for Attempted Attack on TurkStream Gas Pipeline
Russia said on Monday it had downed nine Ukrainian drones that tried to attack part of the infrastructure of the TurkStream gas pipeline, through which Russian gas flows to Turkey and Europe.The Russian defence ministry said the attack was aimed against a compressor station in the Krasnodar region of southern Russia, but the facility was working normally and there were no casualties.Reuters could not independently confirm the incident…
Scienco/FAST, UniBallast Parnter to Launch the InTankFITT Container BWTS
Scienco/FAST and UniBallast, B.V. launched the portable InTankFITT Container, a containerized version of its filterless Ballast Water Treatment System (BWTS), InTank.Designed to address the growing regulatory and operational challenges in ballast water management, this solution is designed to be:Compact and Portable Design: The containerized system is preassembled and housed within a shipping container…
ST Engineering Inks Deal to Build W2W Vessel
ST Engineering has signed a shipbuilding contract for the design and construction of a Walk-to-Work (W2W) vessel for an unnamed oil and gas company.The contracts marks ST Engineering’s expansion into the market for specialized vessels supporting offshore operations.The W2W vessel will be 97 meters in length and able to accommodate 106 persons. It will feature an advanced motion-compensated gangway to ensure safe personnel transfers in varying sea conditions…
Solstad Offshore’s CSV Gets Multi-Year Contract
Norwegian offshore vessel owner Solstad Offshore has been awarded a three-year contract with an international contractor for its construction support vessel (CSV) Normand Frontier.The firm contract has an immediate startup and will keep the Normand Frontier fully committed until end 2027, Solstad Offshore said.No additional details about the client or the value of the contract have been disclosed, except that the vessel will support the client’s operations worldwide.As part of the charter party…