The U.S. Navy’s Military Sealift Command is a critical part of the United States’ national security equation, as any navy only goes as far as its supply chain allows. RADM Benjamin Nicholson, Commander, U.S. Navy Military Sealift Command, visited with Maritime Matters: The MarineLink Podcast, for a deep discussion on MSC
The headline grabbing global attention is simple enough: a shipowner reportedly paid more than $5 million for a single Panama Canal transit slot. But that may only mark the start of an historic surge in shipping costs.The vessel was a liquefied petroleum gas (LPG) carrier operated for South Korea's SK Gas.
Anemoi Marine Technologies’ Rotor Sail wind-assisted propulsion system has completed more than eight years of continuous commercial operation after M/V Afros successfully passed its second intermediate dry dock survey.The survey, conducted by Lloyd’s Register in China in April, confirmed the structural integrity and operational condition of the vessel’s four Rotor Sails, Anemoi said.
President Donald Trump's administration said on Monday that it had reached a deal to end two more U.S. offshore wind leases in exchange for $885 million in pledged investments in domestic fossil fuels.The projects, one in the Atlantic and one in the Pacific, are managed by Ocean Winds, a joint venture between France's ENGIE and Portugal's EDP Renewables.
Cuban forces killed four people and wounded six others aboard a Florida-based speedboat that entered Cuban waters on Wednesday and opened fire on a Cuban patrol, the Cuban government said at a time of heightened tensions with the United States.The wounded were evacuated and receiving medical attention, while the Cuban patrol commander was also wounded, Cuba's Interior Ministry said in a statement
The U.S. Supreme Court is set to explore legal questions arising from the fraught history of U.S.-Cuban relations when it considers the scope of a 1996 law that lets U.S. nationals seek compensation for property confiscated by the communist-led Cuban government.The justices hear arguments on Monday in two cases centered on the federal law called the Helms-Burton Act, one involving U.S.
The Bureau of Ocean Energy Management announced a Proposed Notice of Sale for the third offshore oil and gas lease sale under the One Big Beautiful Bill Act. The proposed lease sale, known as Lease Sale Big Beautiful Gulf 3, or BBG3, is scheduled to take place on Aug. 12, 2026.This sale is the third of 30 Gulf of America oil and gas lease sales required by the One Big Beautiful Bill Act (Public
As oil exploration and production goes, so goes the market for Offshore Service Vessels (OSVs) and Platform Supply Vessels (PSVs). Throughout 2025, the prices of oil- which drives exploration and production (E & P), have softened, moving down towards $60/barrel amidst economic uncertainty and a wider than anticipated opening of the taps by major oil producers.
HamiltonJet appointed Sam Hamilton as Chairman of its Board of Directors. Sam is the great-grandson of founder Sir Bill Hamilton, and his appointment makes him the fourth generation of the Hamilton family to lead the company.The handover took place at an extraordinary meeting of the Board, held at Irishman Creek Station in the Mackenzie Basin in the South Island of New Zealand.
OpenTug announced a strategic collaboration with Blessey Marine Services, Inc., a provider of inland marine transportation solutions, to modernize voyage invoicing through BargeOS. By implementing BargeOS Invoice Intelligence, Blessey will connect operational and financial workflows to automate invoice processing, improve billing visibility
U.S. President Donald Trump on Thursday signed into law legislation funding Department of Homeland Security agencies including the Secret Service and Transportation Security Administration, ending a partial shutdown that has gripped DHS operations for nearly 11 weeks.The logjam was broken when the Republican-controlled House of Representatives unanimously passed a Senate-approved bill that
On February 23, 2024, the FMC issued its Final Rule on Detention and Demurrage Billing Practices, as required by Congress under the Ocean Shipping Reform Act of 2022. The rule went into effect on May 28, 2024. After the Final Rule was issued, the World Shipping Council, a trade association for vessel-operating common carriers organized under an FMC-filed agreement, appealed the Rule to the U.S.