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.
The U.S. Coast Guard coordinated the rescue of 27 mariners on Saturday after their Venezuelan-flagged fishing vessel caught fire approximately 500 miles north-northwest of the Galapagos Islands, Ecuador.At 3:51 p.m. PST, Saturday, Rescue Coordination Center Alameda received a notification from the Garmin Search and Rescue Command Center of an SOS distress alert from the 240-foot fishing vessel
While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.Geopolitical risk has spiked following Israel's surprise bombardment of the Islamic Republic last Friday and Iran's retaliatory ballistic missile strikes, leading to a rally in global energy prices
The European Union may be forced to scale back its flagship climate policies and geopolitical aims as the Iran war drives up energy prices - with lasting consequences for the bloc's energy strategy.The energy crunch sparked by the conflict, now in its fourth week, has rattled Europe, which is heavily dependent on imported oil and gas.
U.S. President Donald Trump went into the Iran war convinced that America’s vast oil wealth would insulate the country from the kind of energy shock now battering much of the world. Four weeks into the conflict, that shield is looking fragile.Trump’s wager has only partly paid off. U.S. oil prices have risen less sharply than those elsewhere since U.S.
The economic risks of the world’s heavy dependence on oil and gas have been laid bare twice in four years - first with Russia’s invasion of Ukraine and now with the U.S.-Israeli war on Iran - undermining U.S. President Donald Trump’s flagship push to double down on fossil fuels.The dramatic supply disruptions and price spikes unleashed by the latest Middle East conflict are likely to harden the
U.S. Senator Ron Wyden has contacted seven maritime shipping companies as part of an inquiry into cartel-linked fuel smuggling between the United States and Mexico, asking the firms to explain their vetting procedures for ensuring their tankers aren't used to transport illicit hydrocarbons, according to copies of the letters seen by Reuters.
Burger Boat Company announced the promotion of Ron Cleveringa to Senior Vice President - Product Portfolio Management, reporting to Rich Thompson, Chief Sales & Marketing Officer.In this newly defined role, Cleveringa will lead the development of Burger’s product development and design DNA across the company’s four business segments: custom yachts, commercial vessels, repair & refit
The Towing Vessel Inspection Bureau (TVIB) announced that Rio Marine, Inc. has become the first maritime services provider to achieve certification under the American Waterways Operators’ (AWO) Responsible Carrier Program (RCP).The RCP is a safety management system for the tugboat, towboat, and barge industry that sets standards for safety, environmental stewardship, and continuous improvement.
Voltron Future announced the launch of its CTV-26 RON, a high performance crew transfer vessel designed for the offshore wind sector. This project marks Voltron Future’s official entry into the maritime industry. Developed in consultation with wind farm operators and marine professionals, the vessel prioritizes efficiency, reliability and crew comfort.
The Surface Navy Association (SNA) announced the appointment of retired Vice Admiral Ron Boxall as its new President, succeeding retired Vice Admiral Rick Hunt, who has served in the role since 2019. Admiral Boxall will make his first official appearance as SNA President at the upcoming Waterfront West Symposium, taking place September 10–11, 2025, in San Diego.
PETRONAS CCS Ventures Sdn. Bhd. (PCCSV) MISC Berhad (MISC), and Mitsui O.S.K. Lines, Ltd., (MOL) announced the incorporation of a strategic joint venture (JV), Jules Nautica Sdn. Bhd. This JV will lead the development and act as the ultimate owner of Liquefied Carbon Dioxide (LCO₂) carriers