Kuwait Oil Co in Talks with US to Develop Shale Resources
Kuwait Oil Company is in talks with some U.S. firms including Devon Energy and EOG on potential cooperation to develop its shale oil and gas resources, its CEO said on Thursday.KOC is "engaging with some U.S. operators to explore how their expertise can support the development of Kuwait’s shale oil and shale gas resources", Ahmad Al-Eidan said on the sidelines of the Kuwait Oil & Gas Show.This would be the first time Kuwait has sought to develop its shale oil and shale gas resources…
U.S.-Flag Shipping on the Great Lakes Down in 2025
U.S.-flag Great Lakes freighters (lakers) carried 71.3 million tons of cargo in 2025, an 8.9 percent decrease from a year ago. 2025 cargo movement on the Great Lakes was 8.1 percent below the fleet’s 5-year average.Except for salt shipments, which increased by 4.1 percent, all commodity shipments decreased in 2025. Iron ore shipments were down 10.8 percent from 2024 to 39.1 million tons. Coal cargos declined to 6.5 million tons, a decrease of 12 percent. Limestone shipments of 20.1 million tons were below last year’s shipments by 4.7 percent.
Port of Virginia Advances Capacity with Addition of ULCV Berth
The Port of Virginia is continuing to modernize and expand its operations and recently debuted additional capacity to safely handle simultaneous calls of ultra-large container vessels (ULCVs).In late January, the port put four new, all-electric, Suez-class ship-to-shore container cranes into service at Norfolk International Terminals (NIT). With the expanded crane fleet at NIT, the port now has the capacity to accommodate four ULCVs at once. Today, the port has 29 ship-to-shore…
Venezuelan Oil Exports Increase to 800,000 bpd in January Under US Control
Venezuelan oil exports rose to some 800,000 barrels per day (bpd) in January, from 498,000 bpd in December, after the U.S. capture of Nicolas Maduro and the ending of an oil blockade which has let traders carry most exports, shipping data showed.Washington imposed an oil embargo on the U.S.-sanctioned country in December to pressure Maduro and seized seven tankers.The blockade led to the accumulation of more than 40 million barrels of crude and fuel in onshore tanks and vessels…
BOEM Publishes Final Notice of Sale for Cook Inlet Lease Sale
As part of a broader effort to unleash American energy by encouraging oil and gas exploration and production on federal lands and waters, the Bureau of Ocean Energy Management today announced the Final Notice of Sale for the Cook Inlet Outer Continental Shelf Oil and Gas Lease Sale 1. Officially authorized under the “One Big Beautiful Bill Act” and commonly known as BBC1, this marks the first of six lease sales in Alaska’s Cook Inlet required by the legislation.“Regular and predictable federal leasing is the minimum standard for maintaining domestic energy production…
Luxury Catamaran Allows Kauai Sea Tours to Expand Services in Hawai'i
Lady Kailani, a new 20-meter (65 foot) luxury catamaran designed by Incat Crowther for Kauai Sea Tours in Hawai'i, is now in service offering tours along Kauai’s Nā Pali Coast.The successful delivery of Lady Kailani by south Louisiana shipyard Breaux Brothers Enterprises has allowed the tourism operator to expand to year-round tourism experiences in Kauai, Hawai'i.The multifunctional vessel has been designed to provide a luxurious and immersive tourism experience. Lady Kailani has a custom hydraulic swim platform providing snorkeling and ocean access.
Chevron to Boost Exports of Venezuelan Oil to US in March
Oil producer Chevron is set to boost exports of Venezuelan crude to the U.S. to some 300,000 barrels per day (bpd) in March, from 100,000 bpd in December and some 230,000 bpd so far this month, two sources with knowledge of the plans said on Wednesday.The U.S. company, which is the main partner of Venezuela's state-run energy firm PDVSA, has chartered about a dozen tankers to increase shipments and drain inventories accumulated at its projects since December, when a U.S. blockade hit the OPEC country's exports…
HII’s Newport News Shipbuilding Marks 140 Years of Service
HII’s Newport News Shipbuilding division is marking 140 years of service to the US today, January 28, 2026.On Jan. 28, 1886, Collis P. Huntington, a businessman whose investments enabled completion of the U.S. transcontinental railroad, turned his focus to shipbuilding, establishing what was first chartered as Chesapeake Dry Dock and Construction Co. and was then renamed Newport News Shipbuilding and Drydock Company.Several years later, the shipyard delivered its first vessel, the tugboat Dorothy, named for the daughter of William C. Whitney, the 31st Secretary of the Navy.
Pole Star Defense Tapped for Mission-Critical Maritime Intelligence by Multiple U.S. Federal Agencies
Pole Star Defense closed Q4 2025 with two federal wins: a $36 million, three-year renewal with the U.S. Coast Guard and a new five-year contract with the U.S. Army Corps of Engineers. Together, the awards extend the company’s role as a provider of maritime domain awareness to U.S. government customers. The Coast Guard renewal builds on a partnership first established in 2020 with a $50 million award. Under the extended agreement, Pole Star Defense continues to deliver vessel tracking, system modernization, and cloud-based analytics that support Coast Guard operations nationwide.
Trump Administration Sued Over Two Deaths in Venezuelan Boat Strike
Family members of two men killed in a U.S. missile strike against a suspected drug boat near Venezuela filed a wrongful death lawsuit on Tuesday, alleging the pair were murdered in a "manifestly unlawful" military campaign targeting civilian vessels.Civil rights lawyers filed the lawsuit in Boston's federal court, marking the first court challenge to one of the 36 U.S. missile strikes on vessels in the Caribbean Sea and Pacific Ocean authorized by President Donald Trump's administration…
Philippines, US Hold Joint Military Drill at South China Sea Shoal
The militaries of the Philippines and the United States sailed together this week at a disputed shoal in the South China Sea, Manila's armed forces said on Tuesday, in joint exercises aimed at easing cooperation between the treaty allies.Military engagements between them have soared under Philippine President Ferdinand Marcos Jr., who has pivoted closer to Washington in response to China's growing presence in the South China Sea.The 11th such drill between the United States and…
U.S. Coast Guard Cutter Polar Star Celebrates 50 Years, Begins Operation Deep Freeze 2026
The U.S. Coast Guard Cutter Polar Star (WAGB 10) began icebreaking operations in the Southern Ocean in support of Operation Deep Freeze 2026 and marked its 50th year of commissioned service Saturday by freeing and escorting a cruise ship trapped in pack ice.The Australian-owned cruise ship Scenic Eclipse II contacted Polar Star at approximately 11 p.m., local time Friday after becoming beset in pack ice roughly eight nautical miles from McMurdo Sound. Polar Star’s crew conducted two close passes to break the vessel free…
Swedish Exports to US Could Drop 28% Under New Tariff Threat
Swedish exports to the United States could fall by as much as 28% if President Donald Trump carries out his threat to impose additional tariffs on Sweden and some industrial sectors could see a decline of 50%, Sweden's Board of Trade said on Tuesday.Trump has threatened tariffs on goods from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and Britain after they sent small groups of military personnel to Greenland at Copenhagen's request.Trump has said tariffs will start at 10% on February 1, rising to 25% on June 1, and would continue until a deal is reached for the U.S.
San Diego’s Historic Ferries Added to the National Register of Historic Places
Two of San Diego Bay’s most cherished working vessels have earned national recognition. The Silvergate (built in 1940) and the Cabrillo have been officially listed on the National Register of Historic Places by the U.S. Department of the Interior. Both vessels are owned and operated by Flagship Cruises & Events, San Diego’s oldest family-owned maritime fleet.This designation acknowledges the cultural, architectural, and maritime significance of the vessels, which are among San Diego’s last remaining historic ferries still operating on the water.
U.S. Coast Guard Launches RAPTOR to Identify Maritime Defense Solutions
The U.S. Coast Guard has unveiled a rapid-response approach that identifies, prototypes and delivers breakthrough technologies to meet urgent operational needs and drives accelerated transition to programs. The Office of Rapid Response and Prototyping (CG-RAPTOR) is accelerating the “idea-to-operations” cycle, rolling our solutions within 30, 60, and 90 days through collaboration with operators, industry leaders and subject matter experts.The standup of CG-RAPTOR comes amid Secretary of Homeland Security Kristi Noem’s push to change how the Coast Guard operates.
Shipbuilders Council of America Announces New Board of Directors Leadership
The Shipbuilders Council of America (SCA), the national association representing the U.S. shipbuilding, maintenance and repair industry, announced its new Board of Directors leadership David Carver, President of General Dynamics NASSCO, is ascending from his position as Vice Chairman to Chairman of the Board, assuming the role from Brad Moyer, Vice President of Business Development and Strategic Planning at BAE Systems.Mr. Carver has been a dedicated member of the SCA Board of Directors and has 38 years of shipbuilding and ship repair experience, bringing leadership to his new role.
Adm. Kevin E. Lunday to Assume Command of the U.S. Coast Guard
Adm. Kevin E. Lunday will officially be sworn in as the 28th Commandant of the United States Coast Guard during an Assumption of Command Ceremony. The ceremony will be presided over by the Secretary of Homeland Security Kristi Noem.WHAT: Commandant’s assumption of command ceremonyWHEN: Thursday, January 15, 2026 at 11 a.m.WHERE: The ceremony will be streamed live for public viewing at: https://www.dvidshub.net/webcast/37352For more information, please contact the U.S. Coast Guard Headquarters media relations office at mediarelations@uscg.mil.
PhilaPort Closes 2025 With Record Container Volume, Leading U.S. East Coast Growth
PhilaPort capped off a milestone year in 2025, posting record container throughput and outperforming national and regional trade trends to remain a leader among U.S. East Coast container ports.PhilaPort handled a record 889,268 twenty-foot equivalent units (TEUs) in 2025, representing a 6% year-over-year increase in container volume. This result exceeded overall U.S. trade growth projections of approximately 3%, underscoring Philadelphia’s continued strength in the container market.
FMC Welcomes Commissioner Laura DiBella
On January 6, 2026, Ms. Laura DiBella of Florida was sworn in as a Commissioner of the Federal Maritime Commission (FMC or Commission). Commissioner DiBella will serve for a term that expires on June 30, 2028. Commissioner DiBella was nominated by President Trump on September 3, 2025, confirmed by the United States Senate on December 18, 2025, and appointed to the Commission by the President on January 2, 2026.Commissioner DiBella previously served as Florida’s first female Secretary of Commerce and as President and CEO of Enterprise Florida.
Companies Scramble to Assemble Operations for Venezuelan Crude Exports to US
Oil companies aiming to participate in new exports of Venezuelan crude to the U.S. following the ouster of President Nicolas Maduro are in hasty discussions to find tankers and put together operations to transfer the crude safely from vessels and dilapidated Venezuelan ports, four sources familiar with the operations said.Trading houses and oil companies, including Chevron, Vitol and Trafigura, are competing for U.S. government deals to export crude from Venezuela, sources said…
Oil Loading in Venezuela Crawls After New US Interceptions
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.
U.S. Coast Guard Releases Report on Spirit of Boston Vessel Fire
On December 3, the U.S. Coast Guard released their report on the Spirit of Boston fire on March 24, 2023. The fire occurred onboard the vessel in the Boston Harbor after an evening dinner excursion. The vessel suffered extensive fire damage and was taken out of service for repairs. The cause of the casualty was determined to be a fire in the aft section of the main deck wait station, most likely started when a heating fuel canister that was still burning was inadvertently dropped…
Federal Maritime Commission Recognizes National Shipper Advisory Committee Members
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…