Mitsui O.S.K. Lines (MOL), Japan's second-largest shipping company, aims to capitalize on opportunities that emerge from a shift in trade routes driven by new U.S. tariffs, CEO Takeshi Hashimoto said.The highest U.S. tariffs in more than a hundred years came into force on Wednesday, roiling global markets.
When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk turned quickly to how Tokyo could help realize a decades-old proposal to unlock gas in Alaska and ship it to U.S. allies in Asia.Trump and his energy tsar Doug Burgum framed the venture as a way for Japan to replace Middle East energy shipments and address its trade imbalance with the U.S.
Patrick Murphy has been President of Blue & Gold Fleet, L.P., the San Francisco Bay Area’s largest and premier provider of Bay Cruises and ferry service, since 2016. Murphy grew up in the Maritime business. His father, Roger Murphy, founded Blue & Gold Fleet in 1979. Patrick Murphy began his career in 1982
The domestic passenger vessel answers the call for cleaner and more efficient platforms. It is truly an electric time to be a part of this niche industry.In the shadow of a rapidly changing political landscape, the domestic passenger ferry sector is nevertheless seeing an increasing number of newbuild vessel orders.
U.S. maritime companies Crowley and SEACOR Holdings on Thursday announced the formal launch of their joint venture Fairwater Holdings LLC, an independent U.S. company integrating the firms’ petroleum and chemical transportation vessels, capabilities and personnel.Active in all major Jones Act coastwise tank vessel trades, Fairwater supports the transportation of petroleum products
“Shipping is a people business”, so the saying goes. Jim Lawrence, who passed away at the beginning of June, truly embodied that. Certainly, he was a great participant at maritime events. When not up on the podium serving as the moderator, he would be walking around, shaking hands, talking about a particular transaction or development (and, sometimes, the intrigue behind it)
Alaskan state representatives will visit Japan this month to court investors for a natural gas project President Donald Trump says could pump trillions of dollars into the United States, but Japanese energy firms remain wary of its viability.Officials from the state-run Alaska Gasline Development Corporation (AGDC) and development partner Glenfarne Group will visit "allied Asian nations in late
American Cruise Lines said that American Legend, the newest small ship in the company’s innovative Project Blue series, was christened in Key West, Florida. The celebration took place while the ship was docked at Mallory Square, just steps from the City’s vibrant town center. American Legend was visiting Key West along one of the company’s popular 8-Day Florida Gulf Coast & Keys cruises
Jim Towers is Principal in Charge as well as a Senior Naval Architect and Marine Engineer at Elliott Bay Design Group. He has 45 years of marine experience in vessel design and construction with a specific emphasis on structure. A recognized industry expert in vessel design and a part of numerous vessel construction and refurbishment projects
The Coast Guard gets its first new polar icebreaker in more than 25 years.The Coast Guard has accepted its first new polar icebreaker in more than 25 years, but it’s not really new. The 12,900-ton, 360-foot Anchor Handling Tug Support Ship (AHTS) Aiviq was acquired by the Coast Guard and renamed USCGC Storis (WAGB 21).According to a Coast Guard statement, “On Nov.
The U.S. Coast Guard on Sunday located four Russian Federation Navy (RFN) vessels 57 miles northwest of Point Hope, Alaska. While on a routine patrol in the Chukchi Sea, the crew of U.S. Coast Guard Cutter Stratton (WMSL 752) observed the RFN vessels transiting southeast along the Russian side of the Maritime Boundary Line (MBL).
Crowley named Walter Tague as vice president of sales and supply for its Crowley Fuels businesses unit, which services energy logistics needs throughout Alaska. With more than 30 years of maritime industry experience specializing in supply chain management and support in the oil and gas sectors, Tague will oversee Crowley’s marketing, sales