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Tanker loading in Venezuela dwindled on Monday, with most ships moving oil cargoes only between domestic ports following U.S. action against two more ships and as state-run energy company PDVSA struggles to recover from a cyberattack, according to tracking data and sources.The U.S. Coast Guard this month seized a supertanker under sanctions carrying Venezuelan oil and tried to intercept two more Venezuela-related ships over the weekend, U.S. authorities said. One of them is an empty ship under U.S.

The Federal Maritime Commission acknowledges the service of the members of the National Shipper Advisory Committee (NSAC). Since October 2021, NSAC’s members have provided information and perspectives on conditions in the ocean freight delivery system. NSAC’s meetings and recommendations have assisted the Commission on a range of matters related to international ocean transportation.NSAC will continue to focus on providing information and industry perspectives to the Commission…

Odyssey Marine Exploration, Inc., a U.S.-based ocean exploration and marine resource development leader, received news that the Bureau of Ocean Energy Management’s (BOEM), a department of the U.S. Department of Interior (DOI), has initiated the formal review process for its unsolicited request for a potential marine mineral lease sale in federal waters offshore Virginia.BOEM’s action highlights the increasing federal focus on responsibly assessing domestic offshore mineral resources.

To advance President Trump’s national strategy for securing America’s critical mineral supply, the Bureau of Ocean Energy Management has initiated the process for a potential mineral lease sale in federal waters off the coast of Virginia. This action—only the third of its kind in over three decades—marks a step toward unlocking the vast mineral potential of the U.S. Outer Continental Shelf and reinforcing the nation’s economic and strategic independence.BOEM oversees 3.2 billion acres of the Outer Continental Shelf, an offshore area that exceeds the size of the U.S. landmass.

Boston Harbor's MV Outward Bound has returned to Gladding-Hearn Shipbuilding, Duclos Corporation for a mid-life refit. Redelivery is planned for spring 2026. Purpose-designed by JW Gilbert Associates and built by the Somerset, Mass., shipyard in 1995, the 64-foot, 140-passenger steel vessel carries visitors and supplies seasonally to Cathleen Stone Island Outward Bound, which offers experiential outdoor programs for youth and adults on the island in Boston Harbor.Along with installing a new shaft and propeller…

The United States on Thursday issued new sanctions targeting Venezuela, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.The action came as the U.S. executes a large-scale military buildup in the southern Caribbean and as U.S. President Donald Trump campaigns for Maduro's ouster. On Wednesday, Trump said the U.S. had seized a sanctioned oil tanker off the coast of Venezuela.The U.S.

The U.S. is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week, as it increases pressure on Venezuelan President Nicolas Maduro, six sources familiar with the matter said on Thursday.The seizure was the first interdiction of an oil cargo or tanker from Venezuela, which has been under U.S. sanctions since 2019. It came as the U.S. executes a large-scale military buildup in the southern Caribbean and as U.S. President Donald Trump pushes for Maduro's ouster.The latest U.S.

The U.S. has seized a sanctioned oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, a move that sent oil prices higher and sharply escalated tensions between Washington and Caracas"We've just seized a tanker on the coast of Venezuela, large tanker, very large, largest one ever, actually, and other things are happening," said Trump, who has been pressuring Venezuelan President Nicolas Maduro to step down.Asked what would happen with the oil, Trump said: "We keep it, I guess."Trump has repeatedly raised the possibility of U.S. military intervention in Venezuela.

BP, Chevron and Shell were among the top bidders on Wednesday at the U.S. government's first sale of oil and gas drilling rights in the Gulf of Mexico since 2023.The auction, which ended with $279.4 million in high bids, was the first of 30 mandated by U.S. President Donald Trump's tax cut and spending bill, which he signed into law in July.His administration's plans for offshore leasing are a significant departure from that of his predecessor, President Joe Biden, which had planned…

Oil prices steadied on Tuesday after falling 2% in the previous session, with investors keeping a close eye on peace talks to end Russia's war in Ukraine, concerns about ample supply and a looming decision on U.S. interest rates.Brent crude futures edged 3 cents higher to $62.52 a barrel at 1317 GMT. U.S. West Texas Intermediate crude gained 4 cents at $58.92 a barrel.Both contracts fell by more than $1 a barrel on Monday after Iraq restored production at Lukoil's West Qurna 2 oilfield, one of the world's largest.Ukraine will share a revised peace plan with the U.S.

Discounts for Russian flagship Urals crude in Indian ports have tripled since August against dated Brent as U.S. sanctions drive key buyers away from Moscow-supplied oil, three sources involved in the trade said.The United States last month imposed its toughest sanctions yet on Russia’s energy sector, targeting oil majors Lukoil and Rosneft. Friday marks the deadline for companies to wind down all dealings with the two producers.Urals crude has been a mainstay feedstock for Indian refiners since 2023, when Moscow redirected flows to Asia after the European Union banned Russian energy.

NOAA Marine and Aviation Operations will celebrate the keel-laying for Navigator, the second of two new charting and mapping vessels being constructed for NOAA. The vessel is being built by Thoma-Sea Marine Constructors, LLC., in Houma, Louisiana.The keel-laying is a centuries-old maritime tradition that formally recognizes the start of a ship's construction. During the ceremony, the initials of the ship’s sponsor will be welded onto a steel plate that will be incorporated into…

U.S. natural gas futures eased about 1% on Thursday on near-record output and ample amounts of gas in storage despite near-historic flows to liquefied natural gas (LNG) export plants and forecasts for colder weather and higher demand over the next two weeks than previously expected.The price decline also came despite a federal storage report that showed energy firms pulled gas out of storage for the first time this winter during last week's cold weather.Front-month gas futures for December delivery on the New York Mercantile Exchange fell 3.7 cents…

Wärtsilä Water & Waste, part of Wärtsilä, continues to deliver wastewater treatment performance in one of the world’s most closely monitored marine environments through their Hamworthy membrane bioreactor (MBR) systems, according to independent regulatory data from the Alaska Department of Environmental Conservation (DEC).During the 2024 Alaska cruise season, fourteen vessels equipped with Wartsila's Hamworthy MBR systems achieved a 98.2% compliance rate under DEC’s public testing program.

South Carolina Ports recorded 206,859 TEUs at its marine terminals in October, a 1% year-over-year dip, as fiscal year volumes remain above plan. October marked the Port's strongest month for loaded exports since June, with an 18% year-over-year increase.The predicted slowdown mirrors national trends as containerized imports in the U.S. saw a 7.5% year-over-year decrease in October, following the front-loading of imports over the summer months.SC Ports President and CEO Micah…

The Florida Maritime Partnership (FMP) welcomes Fairwater as the newest member of its coalition of U.S. maritime stakeholders committed to protecting the Jones Act and advancing the interests of the domestic maritime industry.Fairwater, a Fort Lauderdale, Florida-headquartered company operating under the Jones Act, adds to FMP’s broad base of support that includes labor unions, vessel operators, shipyards, and port authorities. The company is active in all major Jones Act coastwise tank vessel trades…

The National Transportation Safety Board said on Tuesday that a loose wire led to a power failure on the cargo ship Dali that crashed into Baltimore's Francis Scott Key Bridge in March 2024, killing six people and wrecking the bridge.The NTSB is holding a hearing in Washington to determine the probable cause of the incident that killed six construction workers on the bridge.The board staff said they are recommending operators complete periodic inspections of high voltage switchboards…

Saudi Aramco is set to sign two U.S. liquefied natural gas supply deals with Woodside Energy and Commonwealth LNG when Saudi Arabia's Crown Prince Mohammed bin Salman visits Washington next week, sources familiar with the matter told Reuters.The world's largest oil exporter, Saudi Aramco, wants to become a major liquefied natural gas player, especially in the United States, where LNG capacity is set to almost double over the next four years. It has already signed deals with other U.S.

German navigation specialist Anschütz GmbH has founded a new subsidiary in the United States. Based in Bethesda, Maryland, Anschuetz USA Inc. aims to continue the successful tradition of “Anschütz of America” and optimize customer support for sales and service partners, commercial shipowners and shipyards, as well as government entities including the Coast Guard, Military Sealift Command, Navy and Army.Anschuetz USA is developing local expertise in navigation and bridge systems for the newbuild and refit market, while also strengthening the infrastructure for after-sales and servicing.

China suspended for one year port fees levied on U.S.-linked vessels, its transport ministry said on Monday, after Washington announced a similar pause on punitive actions against China's shipping and shipbuilding sectors.The reciprocated pauses were in line with agreements reached by U.S. President Donald Trump and Chinese President Xi Jinping during a summit in South Korea last month.The suspension kicked in from 13:01 local time (0501 GMT), according to the transport ministry's statement.Beijing welcomed a November 9 announcement made by the U.S.

Odyssey Marine Exploration said on Friday it has sought U.S.

Poland is working on a deal to import liquefied natural gas (LNG) from the U.S. to supply Ukraine and Slovakia, an agreement that would further tighten the European Union’s ties to American energy, according to two sources familiar with the negotiations.Officials expect to announce a joint declaration to boost imports after a meeting of the parties at a transatlantic energy conference in Athens later this week, one of the sources said."After that, discussions would follow on terms for supplies to Slovakia," one of the sources told Reuters.

At the Indo Pacific International Maritime Exposition in Sydney, HII announced the addition of Westley Group, a leading United Kingdom-based manufacturer of high-integrity metal castings, as a strategic supplier supporting the U.S. Navy’s submarine industrial base.This milestone marks another step forward in advancing allied defense collaboration under the AUKUS trilateral partnership between Australia, the United Kingdom, and the United States.Westley Group is now approved by HII’s Newport News Shipbuilding division, builder of nuclear-powered submarines and aircraft carriers for the U.S.