In recent weeks the U.S. Supreme Court has fundamentally changed the ways that laws are interpreted and enforced by federal agencies. These decisions will have far-reaching impacts on heavily-regulated sectors, such as the U.S. maritime industry, potentially altering the balance of power between stakeholders and federal regulators.
The U.S. mariner shortage continues to be a strategic national security concern for all maritime industry stakeholders. So what can the Maritime Administration (MARAD) and U.S. Coast Guard (USCG) do to address the problem?Subcommittees on Readiness, and Seapower and Projection Forces on the “Posture and Readiness of the Mobility Enterprise.” Both Administrator Phillips and Gen.
American aerospace manufacturer ULA on Wednesday announced it has ordered a new ship to transport rockets from its factory in Decatur, Ala. to launch sites at Cape Canaveral Space Force Station in Florida and Vandenberg Space Force Base in California.ULA said it awarded a contract to build the 356-foot-long roll-on/roll-off vessel to Bollinger Shipyards
The United States has launched an investigation into alleged unfair practices within China's shipbuilding and maritime industries, drawing ire from Chinese officials.The probe was launched Wednesday by U.S. Trade Representative Katherine Tai in response to a petition filed by five national labor unions accusing China of using "non-market policies that are far more aggressive and interventionist
China has set itself the goal of producing more than half of the world's ships powered by cleaner fuels by 2025, in guidelines published by the industry ministry on Thursday.It did not give any estimates of the number of ships involved. But the guidelines said China would build more vessels powered by lower-carbon fuels such as methanol and liquefied natural gas
Wärtsilä has announced plans to further streamline its marine business portfolio by divesting its Gas Solutions business unit.Gas Solutions is a provider of gas processing systems. However, the business unit has limited synergies with the rest of Wärtsilä’s marine product portfolio. Therefore, Wärtsilä plans to move Gas Solutions to the Portfolio Business in preparation for a divestment.
A new containership planned for operations in Europe is set to become the world's first to use pure ammonia as fuel.Yara Clean Ammonia and NorthSea Container Line are establishing a joint venture, NCL Oslofjord, to operate the ammonia-powered ship Yara Eyde on routes between Norway and Germany from 2026.The project has been awarded just over NOK 40 million (US$3.
Australia said a security review of a 99-year lease held by Chinese company Landbridge on the northern port of Darwin, a key focus of its defense strategy, found it was "not necessary to vary or cancel the lease".In a statement, the prime minister's department said: "Australians can have confidence that their safety will not be compromised
Ukrainian officials said Russia struck Ukrainian port infrastructure and grain storage facilities on Tuesday, but also reported some progress on the front lines in the three-month old counteroffensive by its forces.President Volodymyr Zelenskiy spoke of "good details" from the front without further explanation and said Ukraine clearly understood where to apply pressure to make it felt in Moscow.
Swiss-based MSC, the world's biggest container shipping company, has offered to buy almost half of the main operator of Hamburg port in a deal that could be worth nearly 1.3 billion euros ($1.4 billion), setting the stage for a potential bidding war.Shares in HHLA, which runs Germany's biggest port
New Orleans-based Maritime Partners has reached a deal to acquire AMSC subsidiary American Tanker Holding Company, which owns a fleet of 10 Jones Act tankers.Maritime Partners' newly formed Project Merchant Acquisition arm signed a share purchase agreement with Oslo-listed AMSC to acquire AHTC for an enterprise value of $746.7 million. AMSC will receive $249.
Future Proof Shipping's inland container vessel FPS Waal has arrived at Holland Shipyards Group's yard in Werkendam, the Netherlands for the start of its conversion to enable operations on zero-emissions hydrogen power.Building upon the foundation laid by Future Proof Shipping's previously converted FPS Maas—now H2 Barge 1—all the vessel’s internal combustion engines will be removed and a new