As a result of a major White House office wake-up call or Executive Order 14269 determining it is time to start building ships again, Washington DC announced America’s maritime industry has been “dangerously declining” and with that decline we have allowed China to become the dominant force in global shipbuilding.
Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year's Day, marking the end of decades of Moscow's dominance over Europe's energy markets.The gas had kept flowing despite nearly three years of war, but Russia's gas firm Gazprom said it had stopped at 0500 GMT after Ukraine refused to renew a transit agreement.
Accelleron North America has welcomed Dave Otto as Territory Sales Manager. Dave will lead service sales activities across the eastern United States and the Caribbean, in the power production, cruise, shipping, and gas compression markets, to strengthen customer relationships and support their operational needs.Dave brings more than 30 years of industrial sales experience to Accelleron.
HII appointed Tim Taylor as vice president of engineering, technology and design at its Newport News Shipbuilding division.Taylor, a U.S. Navy veteran, has served NNS for 29 years in positions of increasing responsibility, including work control, submarine ship’s safety and sea trial coordination. He currently serves as director of nuclear test engineering.
Oil Companies International Marine Forum (OCIMF) has launched a Focused Inspection Campaign (FIC) under its SIRE 2.0 tanker inspection program aimed at reinforcing maritime security readiness across the global tanker fleet.The initiative comes in response to increasing geopolitical tensions, regional conflicts, and evolving security regulations that directly impact crew welfare, safety
ABB has secured a contract to supply power distribution and propulsion systems for seven all-electric double-ended ferries being built by Remontowa Shipbuilding in Poland for Caledonian Maritime Assets (CMAL).The 50-meter vessels, part of CMAL’s Small Vessel Replacement Program, are scheduled for delivery between late 2027 and early 2029.
The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen's Houthis attacked and sank two ships, killing at least four seafarers after months of calm, industry sources said on Thursday.The Red Sea is a critical waterway for oil and commodities but traffic has dropped sharply since Houthi attacks off Yemen's coast began in November 2023 in what the
Britain has rejected a 25 billion pound ($34.39 billion) Moroccan renewable energy project that would have used solar and wind power from the Sahara to supply up to seven million UK homes.The British government, which is aiming to largely decarbonise its electricity sector by 2030, said on Thursday it believed domestic projects could offer better economic benefits.
Germany's Siemens said on Friday that Agustin Escobar, the company's global CEO for its Rail Infrastructure division, was killed with his family in a New York helicopter crash on Thursday."We are deeply saddened by the tragic helicopter crash that claimed the lives of Agustin Escobar and his family. Our deepest condolences go out to all of his relatives," Siemens said.
The cost of shipping goods through the Red Sea is expected to remain firm after the United States carried out further airstrikes on Yemen on Monday, adding to fears of new attacks on ships by the Iran-aligned Houthis targeted by Washington, industry sources said.Responding to the Houthi movement's threats to international shipping, the U.S. launched airstrikes on Saturday.
The marine industry at large slowly evolves on fuel transition, as the questions on regulation, technology and finance of emerging technologies cumulatively works to stunt growth. Enter Dave Lee, Executive Director, e1 Marine. Dave Lee is certainly no stranger to advanced marine technology, as he also serves as VP of Innovation and Technology @ Maritime Partners
HII has christened San Antonio-class amphibious transport dock Harrisburg (LPD 30) at the company’s Ingalls Shipbuilding division.“Today is more than just a christening; it is a celebration of craftsmanship, commitment and the enduring purpose of the work we do every day at Ingalls,” Ingalls Shipbuilding President Brian Blanchette said.