U.S. officials responding to economic uncertainty over high oil prices predicted on Sunday that the U.S.-Israeli war on Iran would end within weeks and that a drop in energy costs would follow, despite Iran's assertion that it remains "stable and strong" and ready to defend itself.U.S.
Two foreign tankers carrying Iraqi fuel oil were subjected to unidentified attacks inside territorial waters, causing them to catch fire, Iraq's director general of the General Company for Ports Farhan al-Fartousi told Reuters on Wednesday.Iraq evacuated the 25 crew members from the two vessels and fire is still ablaze on both ships, he added.
A Quick Q&A with Port of the Future Founder and Event Director Kevin Clement on key differentiators and the value of attending, exhibiting and speaking at Port of the Future 2026:CLICK HERE to discover the conference line-up and to register for Port of the Future 2026 in Houston, March 23-25.Q: What inspired the creation of the Port of the Future Conference?The idea started in 2019 with Dr.
Cuban forces killed four people and wounded six others aboard a Florida-based speedboat that entered Cuban waters on Wednesday and opened fire on a Cuban patrol, the Cuban government said at a time of heightened tensions with the United States.The wounded were evacuated and receiving medical attention, while the Cuban patrol commander was also wounded, Cuba's Interior Ministry said in a statement
HII’s Newport News Shipbuilding division is marking 140 years of service to the US today, January 28, 2026.On Jan. 28, 1886, Collis P. Huntington, a businessman whose investments enabled completion of the U.S. transcontinental railroad, turned his focus to shipbuilding, establishing what was first chartered as Chesapeake Dry Dock and Construction Co.
McAllister Towing’s newest tractor tug, the Gerard McAllister, was delivered from Washburn & Doughty, the fifth in a series of six 84-metric-ton bollard pull, low-emission tractor tugs. She is McAllister’s 42nd tractor tug and the 13th with over 80 metric tons of bollard pull, underscoring the company’s continuation toward a more powerful, hi-tech, and sustainable fleet.
The U.S. and China on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world's two largest economies.A return to an all-out trade war appeared imminent last week
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.
After developing the technique some five years ago, Aker Arctic has now completed the research required to get its new design methodology for icebreaker hulls accepted into the Finish-Swedish Ice Class Rules. The method has also been adopted to Polar Class rules of several Class Societies (LR, ABS, DNV).
CK Hutchison's plan to sell most of its $22.8 billion ports business is unlikely to be finalised anytime soon, with political brinkmanship set to continue, and sources saying that a Sunday deadline for exclusive talks was likely to be extended.The Hong Kong conglomerate's plan to sell the business, which would include two ports along the strategically important Panama Canal
The superyacht that sank off Sicily last year, killing British tech tycoon Mike Lynch and six others, will be lifted out of the water next month after its mast is dismantled, people close to the matter said on Tuesday.The recovery of the British-flagged Bayesian, lying on its right side at a depth of around 50 metres (164 feet)
James Fisher and Sons has invested in U.S.-based autonomous marine technology company Ocean Aero, taking a strategic minority stake as part of Ocean Aero’s Series D funding round.The investment increases James Fisher’s exposure to autonomous and low-emission marine technology and supports the development and deployment of Ocean Aero’s Triton Autonomous Underwater and Surface Vehicle (AUSV)