Yemen's Houthis said on Wednesday that they had targeted a U.S. warship and a vessel called "Destiny" in the Red Sea, part of an ongoing campaign of attacks that the Iran-backed group says is designed to show solidarity with the Palestinians in Gaza.In a televised speech, the Houthis' military spokesman Yahya Sarea said they had targeted an American destroyer called "Maysun" in the Red Sea with
New York-based Kalypso Offshore Energy on Monday announced it is teaming up with Dutch marine technology group and shipbuilder Royal IHC to design and construct a Jones Act compliant cable lay vessel (CLV)—the first purpose-built for the U.S. offshore wind market.Under a newly signed letter of intent (LOI), the partners are working together to finalize contract
As Senator Roger Wicker of Mississippi once said, “Growth in commercial shipbuilding facilitates growth in the battle fleet.” Sen. Wicker shrewdly recognizes that America’s manufacturing capacity and national security are deeply intertwined. A robust commercial shipbuilding and repair industry is a critical cornerstone of this capacity.
U.S. Customs and Border Protection has issued a ruling to New Fortress Energy, confirming that the transportation of LNG produced at the its FLNG facility located offshore Altamira in Mexico by non-U.S. qualified vessels would not violate the Jones Act.As a result of this ruling, NFE is now able to sell and deliver LNG produced at its FLNG facility located offshore Altamira, Mexico to U.S.
Senator Wesley Livsey Jones gave his name to the famous “Jones Act” governing U.S. domestic maritime trade. But what do really know about him? It turns out that he was much more than a leading merchant marine policy maker. (i)Jones had a long career in the U.S. House of Representatives before he was a Senator, was an effective legislator, an astute politician
U.S.-based offshore vessel operator Hornbeck Offshore Services confirmed Monday it had reached a final settlement agreement with the surety (the “Surety”) for two Multi-Purpose Support Vessels (MPSVs) that had been under construction at Gulf Island Shipyards.Gulf Island Shipyards (GIS) sued Hornbeck Offshore in 2018 over what it said was the wrongful termination of two shipyard construction
Maritime Partners, a Louisiana-based provider of maritime financing solutions primarily focused on Jones Act vessels, announced that on September 20, 2023, one of its managed funds acquired Norfolk, Va.-based U.S. Marine Management LLC (USMMI) from Maersk Line, Limited.USMMI owns and operates U.S.
Sturgeon Bay, Wis. shipyard Fincantieri Bay Shipbuilding on Wednesday began construction on a 289-foot service operation vessel (SOV) for a Crowley-ESVAGT joint venture that will house and transport technicians to maintain U.S. offshore wind farms.This Jones Act compliant vessel, for the joint venture CREST Wind, will operate under a long-term charter with Siemens Gamesa Renewable Energy.
U.S. maritime companies Crowley and SEACOR Holdings' Seabulk Tankers have created a new joint venture that combines their liquid energy and chemical transportation vessels, operations and related services into a new, independent U.S. Jones Act service provider.The new company, Fairwater Holdings, will serve the U.S.
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.
A Russian warplane destroyed a Ukrainian reconnaissance vessel in an area in the Black Sea where Russian gas extraction facilities are located, the Russian Defence Ministry said early on Tuesday.The ministry said in a short statement that the Ukrainian vessel had been destroyed by an SU-30 aircraft from Russia's Black Sea Fleet.
There's a new player in the Jones Act crew transfer vessel (CTV) market: Blue Ocean Transfers (BOT), based on Long Island, N.Y.The McQuilling-Partners-owned company is planning to build a fleet of CTVs to support the U.S. offshore wind industry as it ramps up to meet the Biden administration's goal of 30 gigawatts (GW) of offshore wind by 2030.