The Trump administration is considering waiving the century-old Jones Act for a limited period to ensure energy and agricultural shipments can move freely between U.S. ports, press secretary Karoline Leavitt said on Thursday, in a bid to combat Iran-related supply disruptions."In the interest of national defense
Three Greek-managed oil tankers were hit by unidentified drones in the Black Sea on Tuesday as they were on their way to load crude at a terminal on Russia's coast, sources told Reuters.The attacks come as Kazakhstan's oil production, most of which is exported via the terminal, cratered in early January.It was not immediately clear who was behind Tuesday's strikes.
As oil exploration and production goes, so goes the market for Offshore Service Vessels (OSVs) and Platform Supply Vessels (PSVs). Throughout 2025, the prices of oil- which drives exploration and production (E & P), have softened, moving down towards $60/barrel amidst economic uncertainty and a wider than anticipated opening of the taps by major oil producers.
The LPG-laden tanker MV Falcon was on fire and adrift on Saturday off the coast of Yemen, after it reported an explosion that forced members of its crew to abandon the vessel, the European Union's naval force Aspides said in a statement.The cause of the explosion was unclear but most likely an accident, according to initial indications, Aspides said.
The International Maritime Organization will meet this week to formally decide whether to impose a carbon emissions price on global shipping, a move supported by an EU-led bloc including Britain, China and Japan but strongly opposed by the U.S.The IMO struck a preliminary deal to charge the global shipping industry for emissions in April after the U.S.
Offshore wind developer Orsted won shareholder approval on Friday for a $9.4 billion emergency rights issue to help fund U.S. projects thrown into uncertainty by President Donald Trump's opposition to the renewable energy source.The stakes are high for the Danish state-controlled firm
BRIX Marine has delivered It's About Time, a custom-built 4818-HTC Offshore passenger catamaran from the company's PaxCat lineup, built for FunToSee Island Ferry of Castries, St. Lucia. This marks the second vessel BRIX Marine has built for FunToSee Island, continuing a growing partnership between the two companies.FunToSee Island operates St.
The Greater Houston Port Bureau Board of Directors has announced the promotion of Corrina Ott to Vice President. Ott joined the Port Bureau in April 2025 and has been responsible for managing the Port Bureau’s Efficiency and Dredging Committee’s as well as maintaining the Port Bureau’s links with industry and Federal Partners.
Iranian authorities detained 18 crew members of a foreign tanker seized in the Gulf of Oman on Friday that they said was carrying 6 million litres of smuggled fuel, Iranian media reported on Saturday.Iran, which has some of the world's lowest fuel prices due to heavy subsidies and the plunge in the value of its national currency
U.S.-based offshore and marine services company Otto Candies has acquired four multi-purpose support vessels (MPSVs) from Harvey Gulf International Marine.The vessels acquired by Otto Candies are the Harvey Blue-Sea, Harvey Sub-Sea, Harvey Deep-Sea, and Harvey Intervention. The value of the transaction was not disclosed.
HikoTerra, a leader in mobile integrated power solutions, officially ushered in the next generation of marine power with the introduction of the H4 Hybrid Power System. The H4 product line is designed as a battery-first system flexible enough to deliver a home-like user experience.
Elliott Bay Design Group (EBDG) Designs New York’s First Hybrid-Electric FerryWatch the full interview with David Turner, Projects Manager, Elliott Bay Design Group, on the technical highlights of the HARBOR CHARGER on Maritime Reporter TV:On August 12, 2025, The Trust for Governors Island unveiled the HARBOR CHARGER, New York State’s first hybrid-electric passenger vehicle ferry.