The United States and French energy major TotalEnergies said on Monday they would redirect nearly $1 billion from offshore wind leases to U.S. oil and natural gas production.The agreement marks a new strategy in the Trump administration's wide-ranging effort to stymie development of U.S. offshore wind projects, which President Donald Trump has said he finds ugly, costly and inefficient.
A new research project at the National University of Singapore (NUS) aims to accelerate the decarbonization of the global shipping industry through the development of next-generation ammonia-fueled marine engines with high efficiency and near-zero emissions.The project focuses on a novel in-cylinder reforming gas recirculation (IRGR) engine concept designed to address key limitations that have
China and Denmark renewed a memorandum of understanding on cooperation in green maritime technology and shipbuilding during a meeting between the two nations' industry ministers in Beijing on Tuesday, China's industry ministry said in a statement.China is willing to jointly conduct research and development with Denmark on low-carbon and zero-carbon fuel-powered ship technologies and explore
CF Industries, Trafigura and TFG Marine have signed a memorandum of understanding (MoU) to facilitate the adoption of low-carbon ammonia as a marine fuel.Building on the successful collaboration between CF Industries and Trafigura in the shipment of low-carbon ammonia, the agreement establishes a framework for the parties to work together on advancing low-carbon ammonia as a marine fuel
The Arctic is no longer a remote expanse beyond the edges of global commerce — it is now a contested arena where strategic competition, energy development, and maritime innovation converge. As climate change accelerates sea ice retreat, previously impassable waters are opening to navigation for longer periods each year.
MISC Berhad (MISC) and Samsung Heavy Industries (SHI) have received the Approval in Principle (AiP) from Bureau Veritas Marine & Offshore (BV) for the design of the world’s first ammonia-fueled LR2 tanker powered by Proton Exchange Membrane Fuel Cell (PEMFC) technology.The AiP from BV confirms the technical feasibility of the concept as well as initial conformity to the applicable rules
The U.S. Coast Guard has set up the initial operating capability of a Robotics and Autonomous Systems Program Executive Office.The office is a key component of the Service's Force Design 2028 (FD 2028) plan, and the Coast Guard claims it is poised to be the most transformational enhancement to capability since the inception of aviation.
On August 15, the Panama Canal marked 111 years of operations, renewing its commitment to a sustainable future through a water strategy focused on public well-being and an operational vision that enhances the country’s logistical competitiveness.Since the waterway’s inauguration in 1914, with the historic transit of the steamship Ancón, which, for the first time
The American Association of Port Authorities (AAPA) and a broad coalition of every donor and energy transfer port have sent the House and Senate Appropriations Committees and the Energy and Water Development Subcommittees leaders a letter, urging them to reverse a funding diversion and restore critical support for ports through the FY2026 appropriations process.
The Port Authority of Valencia (PAV) presented its Strategic Plan at the Clock Building of the Port of Valencia, outlining a vision and series of projects with a clear target year of 2035.This is a ten-year plan designed to consolidate Valenciaport as a generator of wealth and quality employment, while also acting as a driver of investment and transformation in the port and logistics ecosystem.
Fast-growing energy demand is driving the need for technical support and guidance in new locations, writes Terrance Roberts, Manager, Global Business Development, ABS.Surging appetite for natural gas is accelerating the development of global and regional supply chains, with established producers seeking new markets and emerging suppliers looking to meet demand from local consumers.
With a diverse maritime and logistics operation supporting more than 8,000 careers on land and at sea, Saltchuk has a robust workforce development initiative across its brands. Mark Tabbutt, Chairman, Saltchuk, discusses a pair of specific recent investments in Puerto Rico, as well as workforce development as a corporate imperative.