U.S. Transportation Secretary Sean P. Duffy has announced that the Maritime Administration (MARAD) has awarded $8.75 million in grants to revitalize U.S. shipyards and advance America’s maritime dominance.The funding is part of the Small Shipyard Grant program, which supports advanced training, workforce development and new technologies that strengthen U.S. shipbuilding and repair capabilities.
ABS awarded approval in principle (AiP) to Overseas Shipholding Group, Inc. (OSG), the parent company of Aptamus Carbon Solutions, for its preliminary design of a liquefied carbon dioxide (LCO2) barge.The development of the barge design is a core component of the Tampa Regional Intermodal Carbon Hub (T-RICH) project to receive
The Unified Command, consisting of the US Coast Guard, Spectrum OpCo (Operator), and the Louisiana Oil Spill Coordinator's Office (LOSCO), continue to respond an oil and natural gas release in coastal Louisiana.This spill occurred on April 26 in a marsh environment near the Garden Island Bay Production Facility company's well in Plaquemines Parish, southeast of New Orleans, Louisiana.
Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat’s fully managed bonded connectivity service, NexusWave, on board the chemical tankers Caribe Maria and Caribe Luna as the company seeks a reliable solution to best serve operational and crew connectivity.
Europe soaked up most U.S. liquefied natural gas (LNG) exports for the second straight month in February, as cold weather and strong prices pushed up demand for the superchilled gas across the Atlantic, according to preliminary data from financial firm LSEG.The U.S. is the world's largest exporter of LNG and continues to play a major role in supplying Europe since Russia's invasion of Ukraine
Kraken Robotics Inc. announced the passing of founder and former CEO, Karl Kenny on February 11, 2025, at the age of 64. Karl founded Kraken in 2012 and was instrumental in building the company into a leading player in subsea robotics over his 10-year tenure, before retiring in December 2022.
The bipartisan, bicameral bill will fuel U.S. economy, strengthen national security by responding to China’s threat over the oceans. Currently, the number of U.S.-flagged vessels in international commerce is 80; China has 5,500.Today, Senator Mark Kelly (D-AZ), Senator Todd Young (R-IN), Representative John Garamendi (D-CA-8)
Energy facilities along the U.S. Gulf Coast have begun scaling back operations and evacuating some production sites as Tropical Storm Francine swept through the energy-rich region, and was poised to strengthen into a hurricane later Tuesday.Francine was advancing toward the U.S. Gulf of Mexico, set to become the fourth hurricane of the Atlantic season, which concludes on November 30.
U.S. Gulf of Mexico oil and gas producers were evacuating staff and curbing drilling to prepare for Tropical Storm Francine on Monday as it churned through the energy region on a path to bring high winds and drenching rains to the U.S. mid-South.Francine is likely to bring life-threatening storm surge to the upper Texas and Louisiana coasts and hurricane-force winds to Southern Louisiana this
One of the world’s leading LNG project developers New Fortress Energy (NFE) has completed the first cargo load and sail operation from its floating liquefied natural gas (FLNG) unit offshore Altamira in Mexico.The first cargo has been loaded onto the Energos Princess LNG carrier and will be delivered to NFE’s La Paz terminal.
A marine tanker carrying industrial fuel sank in rough seas off the Philippines on Thursday, causing the death of a crew member and an oil spill that could spread to waters off the capital Manila, officials said.Sixteen of the 17 crew members of MT Terra Nova have been rescued, Transportation Secretary Jaime Bautista said, after the ship capsized off the coastal town of Limay in Bataan province.
A marine tanker carrying industrial fuel sank in rough seas off the Philippines on Thursday, causing a large oil spill as coast guard rescuers search for a missing crew member, officials said.Sixteen of the 17 crew members of MT Terra Nova have been rescued, Transportation Secretary Jaime Bautista said, after the ship capsized off the coastal town of Limay in Bataan province.