U.S. forces hit another vessel allegedly carrying illegal drugs off the coast of Venezuela on Saturday evening, U.S. President Donald Trump said on Sunday, adding that the U.S. would also start looking at drug trafficking occurring on land.Trump made the comment during a speech at Naval Station Norfolk, next to the Harry S. Truman aircraft carrier.
Sanmar Shipyards has delivered a new Bogaçay Class tugboat to SAAM Towage, increasing the number of SANMAR-built vessels operating within the company's fleet to 16.Renamed SAAM HUNABKU, the new tug is based on the RAmparts 2400SX-MKIl design developed exclusively for SANMAR by Canadian naval architects Robert Allan Ltd.
MASS and Littoral OpTech conferences converge in Atlantic CanadaThe 13th annual Maritime & Arctic Security & Safety Conference (MASS), hosted by the Atlantic Canada Aerospace & Defence Association (ACADA), and presented by Saab Canada, Inc., will be held June 14-16 at the Convention Centre in St. John's, Newfoundland and Labrador.
North American Blue Energy, a company backed by U.S. energy magnate Harry Sargeant III, has moved to export nearly 1 million barrels of Venezuelan crude for delivery into China, Bloomberg News reported on Monday, citing a document.The cargo may be the first delivery of Venezuelan oil to the Asian country since the US took control of the nation's oil sales earlier this year, the report said.U.S.
Norwegian Cruise Line Holdings appointed John Chidsey as its chief executive officer, effective immediately, replacing Harry Sommer, who is stepping down.The company said Chidsey, 63, who had served at the helm of Subway Restaurants for five years until December 2024 and Burger King Holdings, was appointed to Norwegian's board in 2025, following a previous stint from 2013 to 2022.
In the 1990’s, my father was asked to attend a side shell damage on a US Navy vessel. The damage was caused by assist tug hard contact. He surveyed the damage and came back to the office to write it up. His partner Harry Ottaway saw my Dad’s commercial damage repair estimate, and said: “Henk it is a Navy ship. Double it, and double it again”.
The Dutra Group, a California-based heavy civil marine contractor, has made a series of senior executive promotions across its core operations and newly acquired subsidiary, as it strengthens management capacity to support long-term growth.Bryan O’Sullivan has been appointed chief operating officer of the Dutra Group.
This past year won’t soon be forgotten. In 2025, conventional thinking about economics and investor behavior was frequently challenged, as dramatic changes in technology, energy and geopolitics drove markets in often unexpected ways.As the clock turns to 2026, here are 8 general market movers that can help explain what happened in 2025 and what it might mean for 2026 and beyond.1.
Secretary-General Arsenio Dominguez delivered opening remarks at IMO headquarters in London, as the Marine Environment Protection Committee (MEPC) meets to discuss the adoption of global regulations to reduce greenhouse gas emissions from international shipping (October 14-17).Full text below of the speech delivered on Tuesday, October 14, 2025:"Good morning distinguished delegates
Babcock International Group has confirmed the location for its new Capability Centre in Plymouth - a major milestone in plans to relocate up to 2,000 highly skilled employees into the heart of the city.The new Capability Centre will be based at 40-46 Royal Parade.Establishing this new facility, in addition to the Dockyard, will enable Babcock to free up vital space at its Devonport site
Norwegian Cruise Line Holdings said on Thursday it appointed John Chidsey as its chief executive officer, effective immediately, replacing Harry Sommer, who is stepping down.The company said Chidsey, 63, who had served at the helm of Subway Restaurants for five years until December 2024 and Burger King Holdings, was appointed to Norwegian's board in 2025
Norwegian Cruise Line Holdings NCLH.N forecast fourth-quarter profit below expectations on cost pressures and subdued appetite for sea-based vacations as travelers curb spending, sending its shares down about 15% on Tuesday.Persistent inflation, tariff-driven uncertainty, and the fallout of the prolonged U.S.