Stephen M. Carmel & MarAd are aiming to make this U.S. Maritime Rebuild StickFor anyone who has spent a career in the U.S. maritime industry, the past two years have been unusual by any metric. Maritime has moved from the far margins of federal policy discussions to center stage, with rebuilding American shipbuilding
Yemen's Iran-aligned Houthis on Friday reached the strategic island of Perim in the Bab el-Mandeb Strait, four Yemeni government sources told Reuters, potentially tightening their grip on one of the world's vital shipping routes and further increasing the threat to energy markets in the widening Middle East war.
The U.S. Department of Transportation's Maritime Administration (MARAD) and CORE POWER (US) Inc. signed an agreement to accelerate the commercial, industrial, and regulatory pathways for U.S.-flagged nuclear-powered commercial ships. Fueled by small modular reactor (SMR) technology
The U.S. military fired missiles to disable a Panama-flagged cargo ship Tuesday after the vessel allegedly ignored repeated warnings to stop while attempting to violate the U.S. naval blockade of Iranian ports.U.S. Central Command (CENTCOM) said a U.S. Navy MH-60 helicopter fired two Hellfire missiles at the engine room of Vela Nova, disabling the vessel’s steering capability.“As of Aug.
Brazil's state-controlled oil company Petrobras has signed a $427 million contract through its logistics subsidiary Petrobras Transporte (Transpetro) with the Rio Grande Shipyard for the construction of four medium range tankers as part of a broader program to renew and expand its shipping fleet.
The “Badan Riset dan Inovasi Nasional” (BRIN), Indonesia’s national agency for research and innovation, has commissioned the French shipbuilder PIRIOU to design and build two research vessels:a multimission offshore hydro-oceanographic vessel (ORV – Ocean Going Research Vessel) and a coastal research vessel (CRV – Coastal Research Vessel).
A dual fuel combustion system developed by Oak Ridge National Laboratory (ORNL) in collaboration with Caterpillar Inc. addresses the challenge of methanol ignition in diesel engines, with clear relevance for inland and coastal marine vessels.Methanol is typically produced from natural gas, an abundant domestic resource, and converting it into a liquid allows easier storage and handling.
The IMO's Maritime Safety Committee met for its 111th session from May 13 to 22 and adopted a global code for autonomous ships and advanced guidelines for ships operating on alternative fuels.First global code for autonomous shipsIMO adopted a new International Code of Safety for Maritime Autonomous Surface Ships (MASS Code) to support the safe integration of AI-enabled and remotely operated
The White House is expected to extend the Jones Act waiver for up to 90 days as early as Friday to help blunt fuel price pressures tied to the Iran conflict, according to two sources familiar with the decision.The move would temporarily ease requirements that goods transported between U.S.
U.S. President Donald Trump's move allowing foreign-flagged cargo ships to move fuel and other goods between domestic ports has so far had little impact on American oil supply, according to trade data and analysts who noted that U.S. refiners and shippers are earning more profits sending fuel overseas.
The United States is attempting to seize a Russian-flagged oil tanker with links to Venezuela after a more than two-week-long pursuit across the Atlantic and as a Russian submarine and warship were close by, two U.S. officials told Reuters on Wednesday.The seizure, which could stoke tensions with Russia, came after the tanker, originally known as the Bella-1, slipped through a U.S.
On October 28, 2025 U.S. Senator Dan Sullivan (R-Alaska), Chairman of the Senate Committee on Commerce, Science, and Transportation’s Subcommittee on Coast Guard, Maritime, and Fisheries, convened the Senate hearing “Sea Change: Reviving Commercial Shipbuilding”. This hearing examined how to modernize and accelerate U.S.