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.
The barge Defiant was refloated from the Castillo San Felipe del Morro shoreline in San Juan Harbor, Wednesday at approximately 2:22 a.m., just before high tide.Salvage crews and tugboat operators prepositioned three tugboats and completed all the preparations, including the pressurization of all cargo tanks, voids and compartments in the barge.
Sticking to legacy tactics won't beat China — adopt Secretary Hegseth's and the Army initiatives or surrender the edge.In a recent address, Admiral Christopher Grady, Vice Chairman of the Joint Chiefs of Staff, underscored the urgent need for a robotic hull-cleaning system to enable anytime maintenance, reduce drag, boost speed, and minimize fuel consumption for naval vessels.
One of Australia's biggest coal export ports will resume operations on Monday, the port operator said, after climate-change protesters disrupted shipping at the Port of Newcastle for a second day on Sunday.Climate activist group Rising Tide, which claimed responsibility for the latest protest, said hundreds of activists paddled kayaks into the shipping lane of Newcastle Harbour on Sunday morning
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.
A tragic marine casualty involving an inspected passenger vessel serves as a critical warning that even routine embarkation equipment can become deadly if it is not properly maintained, inspected, and secured. During a recent passenger disembarkation, the gangway’s connection point on a vessel suffered a catastrophic failure.
ABB has been selected as the power, propulsion and automation technology partner for two new Ro-Pax ferries, to be named Kupe and Cook, which form part of Cook Strait Ferry Replacement Programme. ABB will supply the integrated systems required to ensure the reliability, efficiency and environmental performance of the two ferries.
Four crew members were killed in an attack by Iran-backed Houthis on a small cargo ship in the Bab el-Mandeb strait on Tuesday, Yemen's transport ministry said, while sources reported a missile attack on a container ship off Pakistan in a suspected U.S. strike.The fatalities aboard the Egyptian-owned Tihamah, if confirmed
Panama President Jose Raul Mulino said his country maintains a positive relationship with China despite being caught up in a dispute between the Asian superpower and the U.S., and defended Panama's takeover of port contracts held by Hong Kong's CK Hutchison.He spoke at a regular press conference after receiving what he called a "high-level" message from China's government acknowledging that a
An oil tanker under EU sanctions for carrying Russian oil is being escorted to Tanger Med in Morocco by a Spanish rescue ship, Spain's Merchant Marine said on Tuesday.The Chariot Tide, which was sailing under a Mozambique flag and until November was known as the Marabella Sun, has been on an EU sanctions list since November 2024 for helping Russia export oil "while practicing irregular and
MISC and China Offshore Engineering & Technology Company have received the Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for their design of an ammonia floating production storage and offloading (FPSO) vessel.This innovative floater solution adapts proven onshore production technology for offshore operations
The U.S. will not send any high-level officials to the upcoming COP30 climate summit in Brazil, a White House official told Reuters, alleviating some concern among world leaders that Washington would send a team to scupper the talks.Brazil will host a high-level leaders' summit next week before the two-week UN climate negotiations begin in the Amazonian city of Belem.Earlier this month, the U.S.