Colonna’s Shipyard is a fifth-generation, family-owned medium-sized shipbuilder, led by Randall Crutchfield, Chairman & CEO, today. Founded in 1875 by 26-year-old ship carpenter Charles J. Colonna with a $2,000 loan from his brother, he founded a company that has not only withstood the test of time
Hanwha Shipping, a U.S. subsidiary of Korean shipbuilder Hanwha Ocean, on Tuesday said it ordered an LNG carrier valued at roughly $252 million from its own Pennsylvania-based unit Hanwha Philly Shipyard.Under the agreement, the ship will be built in Korea and flagged in the United States. It is slated for delivery in the first half of 2028.
When Iran closed the Strait of Hormuz, the Administration had a real problem on its hands. I understand why a White House would want to move fast, but moving fast and moving smart are not the same thing. This week the Administration extended the current Jones Act waiver for another 90 days. Washington needs to take an honest look at what this waiver has actually produced.The U.S.
American Bureau of Shipping (ABS), Japan’s ENEOS, Nippon Yusen Kabushiki Kaisha (NYK Line) and SEACOR Holdings have launched a joint study to develop a commercial methanol marine fuel supply network along the U.S. Gulf Coast.The study aims to establish the first large-scale ship-to-ship methanol bunkering operations in the United States
Dan-Bunkering has announced the appointment of Christian Vandvig Finnerup as Managing Director for Dan-Bunkering USA, effective November 1, 2025.Christian Vandvig Finnerup transitions to the U.S. from Singapore, where he served as Commercial Director at Dan-Bunkering APAC, leading regional growth and strengthening Dan-Bunkering’s offshore and commercial portfolios.
China has indicated it will ban all imports of Japanese seafood, two government officials in Tokyo said on Wednesday, in what appears to be the latest salvo in an escalating diplomatic dispute between Asia's top two economies.Tensions between the two countries ignited after new Japanese Prime Minister Sanae Takaichi said this month that a Chinese attack on Taiwan threatening Japan's survival
The U.S. Navy needs to dramatically increase the fleet, especially submarines, but the available pool of skilled workers is not keeping pace.Submarine construction is ramping up. The Navy continues to build Virginia-class submarines, striving for two per year, and is gearing up build the new Columbia-class of nuclear-powered ballistic missile submarines.
For the U.S. Navy, boats perform missions from mundane maintenance chores such as hull scraping and cleaning overboard discharges to clandestine special forces insertion and extraction. Some boats are about as basic as you can imagine, and some are equipped with sophisticated combat systems and weapons.
Copenhagen Infrastructure Partners, a Danish firm eager to invest in Italian offshore wind farms, is getting impatient.Two years after the country's 2024 law offered incentives to would-be developers to provide offshore wind capacity, the government has yet to announce a calendar for auctions it said it would hold by 2028.
Indian sub-continent ship recycling markets have been reflecting on what has been escalating on the international stage of late, reports cash buyer GMS. The company notes extremely turbulent effects emanating week after week from these markets — meaning it is becoming increasingly difficult to identify what price can be obtained for which type / LDT of unit and, most importantly
StormGeo, a weather intelligence and decision-support solutions company part of Alfa Laval, has announced a strengthened strategic focus on its energy analytics and is welcoming industry expert Espen Zachariassen as SVP Energy Analytics in January 2026.The move represents a long-term commitment to expanding StormGeo’s relevance in the energy market, with a particular focus on European growth.
Escalatory and retaliatory moves kept key trading routes and markets on edge as freight rates propped up this week, with the Baltic Exchange Dry Index reporting a whopping 7.4% overall increase, reports cash buyer GMS.Capesize, Panamax, and Supramax indices all firmed in unison to the tune of 1.0%, 0.4%, and 0.5% respectively.