In February 2026, the U.S. Court of Appeals for the Fifth Circuit issued a major decision that caught the attention of shipowners, bunker suppliers, charterers, and maritime lawyers around the world. The case – Three Fifty Markets, Ltd. v. M/V ARGOS M, et al. – is a masterclass in how maritime liens, bunker supply chains, and “no lien” clauses collide in modern shipping commerce, often in disputes where fuel is delivered, used, and never paid for.At its core, the dispute reflects the complexity of today’s bunker supply chains. Three Fifty Markets, Ltd.
The demand for “thrusters” on recreational and commercial vessels has increased rapidly in recent years, providing vessels with enhanced capabilities.Increasing a vessel’s manoeuvrability, making its steering more precise, to accurately control course and position offers greater versatility. New markets are opening to take advantage of new horizons with commercial opportunities.Thruster operation may be manual by the helmsman or part of a Propulsion Management System (PMS). If integrated with an autopilot, its operation relieves the constant hands-on duty for one crew member.
As a vessel construction manager with extended building experience in both the U.S. and South Korea, more than several opportunities have landed on our desks as Private Equity and Venture Capital analyze tanker tonnage and construction in the domestic trades. With the understanding these requests are based upon the current Persian Gulf and Venezuela issues driving that market we should also pay attention to the 2027 Maritime budget that allocates $1.5 trillion dollars for overall National Security and $65.8 billion set aside for U.S. Navy Shipbuilding.
Today’s headlines bring constant news of international shipping hubs across the global supply chain experiencing major volatility and disruption – from Iran sending shockwaves through global energy markets by forcefully obstructing vessel traffic in the Strait of Hormuz; to the Iran-backed Houthis in Yemen signaling intent to restart attacks on shipping in the Red Sea; to China detaining Panama-flagged vessels in an escalation of ongoing disputes over the Panama Canal; and beyond.By contrast, the American tugboat, towboat and barge industry continues to move our nation’s cargo on U.S.
We Work the Waterways (WWW) is serving as a workforce development and engagement partner in the launch of the Corn Belt Ports Rural Logistics & Maritime Training & Education Consortium, a multi-state collaboration focused on strengthening the inland maritimeworkforce pipeline across America’s river system.Bringing together ports, industry leaders, and an initial network of higher education institutions, including community and technical colleges across four states (Iowa, Illinois, Wisconsin, and Missouri), the consortium addresses one of the industry’s most pressing challenges
This week, U.S. Representative Salud Carbajal (D-CA-24) was recognized by the International Propeller Club and received the Frank Courtenay “Salute to Congress” Award for championing legislation to support the American maritime industry. The Salute to Congress Award recognizes members of the U.S. Congress for their leadership and support of the American maritime industry.“I am honored to receive this recognition from the International Propeller Club, an organization that understands the importance of investing in our maritime industry,” said Rep. Carbajal.
Brent crude futures jumped as much as 3% on Friday, a day after the U.S. and Iran traded air strikes, with traders fretting over the future of the cease-fire and shipping in the Strait of Hormuz.Brent crude futures was at $101.47 a barrel, up $1.41 or 1.41% by 10:51 CDT (1551 GMT), after rising as much as 3% earlier in the session. U.S. West Texas Intermediate (WTI) futures was at $95.71 a barrel, up 90 cents, or 0.95%.Both contracts were still set for weekly declines of more than 6%."We're still playing the headline-o-rama game," said Phil Flynn, senior analyst with Price Futures Group.
A suspected oil spill covering dozens of square kilometres of sea near Iran's main oil hub of Kharg Island has been seen on satellite imagery this week.The likely spill - appearing on images as a grey and white slick - covered waters to the west of the 8-kilometre (5-mile) long island, pictures from Copernicus’s Sentinel-1, Sentinel-2 and Sentinel-3 satellites showed on May 6-8.“The slick appears visually consistent with oil,” said Leon Moreland, researcher at the Conflict and Environment Observatory, who estimated that it was covering an area of approximately 45 square km.
Tourism in the Antarctic Peninsula is a niche but booming industry powered by deep-pocketed adventure-seekers travelling thousands of miles to marvel at penguin colonies and take "polar plunges" in sight of icebergs.But growing numbers of visitors bring risks including disease, invasive species and pollution to the delicate ecosystems of Antarctica and the remote sub-Antarctic islands that teem with bird life, sea lions and whales.
The guidebooks and river cruise itinerary for the Nile River cruise were studied and neatly packed for my trip, but nothing really preparedme for what surely is a once-in-a-lifetime chance to savor firsthand and physically close some of the most striking and memorable scenery andhistory anywhere in the world.As I write this, I’m traveling down the Nile in a flat bottomed, two masted houseboat, a dhahabiya (الدهبية) in Arabic, meaning “golden one,” which vaguely recalls the state barges of Egypt’s medieval Muslim rulers.
ABS and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) signed a memorandum of understanding to cooperate on digital technologies to strengthen safety and performance in shipbuilding.The agreement establishes a framework for the organizations to collaborate on Digital Threads, secure and integrated flows of data, across the entire vessel value chain. Areas of focus will include digital engineering, autonomous vessel systems and integrated cybersecurity tools.
Greek authorities are investigating a drone boat found by fishermen in a cave on the Ionian island of Lefkada, police and coast guard sources said on Friday.It was not clear how the Ukrainian-made unmanned surface vehicle (USV) reached Greek waters. Fishermen located it late on Thursday.Preliminary findings indicate the MAGURA V3-type sea drone was fitted with three detonators, the officials said, speaking on condition of anonymity.One source said the vessel was loaded with explosives, though Greece's army could not confirm this.