Shippers on Wednesday said they needed more clarity on the terms of the U.S.-Iran ceasefire before resuming transit through the Strait of Hormuz, as Iran said the waterway remained closed to vessels sailing without a permit.The six‑week conflict had brought traffic through the strait - a chokepoint for about 20% of global oil and liquefied natural gas (LNG) shipments - close to a standstill
U.S. President Donald Trump and Finnish counterpart Alexander Stubb sealed an agreement on Thursday for the U.S. Coast Guard to acquire up to 11 icebreaker ships to bolster U.S. national security in the Arctic.Trump and Stubb have established friendly ties since Trump regained power in January, and the two met in March at the president's Mar-a-Lago club in Florida and played a round of golf.
While political winds in the U.S. have significantly tampered many ‘green’ projects, Curtin Maritime is domiciled in California, which is globally known for its strict environmental initiatives. To that end, Curtin Maritime inked a contract recently to invest $160m for eight new hybrid-electric tugboats, vessels being built by Snow & Co.
The U.S. Coast Guard welcomed the nearly $25 billion investment included in the One Big Beautiful Bill Act Friday — marking the largest single commitment of funding in service history. The investment strengthens every facet of Coast Guard operations and supports the Service's role as the Nation’s leading drug interdiction and maritime border security force.
In a milestone for the green fuel economy, Fortescue, in collaboration with Trovio and the Green Hydrogen Organisation (GH2), has completed the issuance of the world’s first digital fuel certificate for an ammonia-to-ship transfer. The transaction involved the Fortescue Green Pioneer, the first ocean-going dual-fueled ammonia powered vessel
In a first, a Navy surface drone found and rescued two crew members from an Army Apache attack helicopter that went down in waters near Oman's coast, the U.S. military told Reuters, and President Donald Trump said the pilots were "fine."The U.S. military's Central Command said the AH-64 Apache went down at around 3 a.m.
The first steel cutting ceremony for Crystal Grace, the new ship for the cruise line Crystal, took place at Fincantieri’s shipyard in Marghera. Delivery of the vessel is scheduled for spring 2028 and will be followed by two sister ships.Attending the ceremony were Cristina Levis, CEO Abercrombie & Kent Travel Group (AKTG) for Crystal, Luigi Matarazzo
Clean hydrogen production is expected to grow 100-fold by 2060, driven by energy security concerns and large-scale expansion in China, according to a new forecast from classification society DNV.In its latest report, Energy Transition Outlook 2026: Hydrogen to 2060, DNV said global hydrogen volumes are expected to grow by 170% by 2060, supported by cumulative investment of $3.2 trillion.
The Ulsan Port Authority (UPA) announced the successful completion of the world’s first ammonia bunkering operation for an ammonia dual-fuel gas carrier at Ulsan Port on April 23, 2026.This milestone builds on Ulsan Port’s earlier achievements, including the world’s first methanol bunkering demonstration (2023–2026) and simultaneous LNG bunkering operations for car carriers.
Delaware River and Bay Authority (DRBA) Commission awarded a contract for the construction and outfitting of a new 75-car passenger/vehicle ferry to SENESCO Marine LLC of North Kingstown, RI. The project low bid was $78.6 million.The new ferry will eventually replace the MV Cape Henlopen, an over 40-year-old diesel engine ferry that currently serves passengers who travel between Lewes, Delaware
The European Union should ban companies from providing any support to Moscow's oil and gas-shipping fleet, introduce sanctions against Russian fertilisers and stop luxury goods exports to Russia, Sweden's foreign minister said on Monday.The 27-nation bloc is currently preparing its 20th sanctions package aimed at punishing Russia for its war in Ukraine.
Makai Ocean Engineering has released the Makai Simulator, a training tool that enables submarine cable installers to prepare MakaiLay operators in a safe, realistic, and cost-effective way, entirely from shore. Developed by Makai with contribution from Alcatel Submarine Networks (ASN)