ABS awarded approval in principle (AiP) to Overseas Shipholding Group, Inc. (OSG), the parent company of Aptamus Carbon Solutions, for its preliminary design of a liquefied carbon dioxide (LCO2) barge.The development of the barge design is a core component of the Tampa Regional Intermodal Carbon Hub (T-RICH) project to receive
With everything going on around the maritime industry these days — from a Presidential Executive Order to Make U.S. Maritime Great Again, to bipartisan legislation in Congress to boost our shipyards and merchant marine, to the import tariff rollercoaster ride we’re all on — it’s easy to forget some other important U.S. maritime policy initiatives whose benefits are just over the horizon.
Thousands of license applications by U.S. companies to export goods and technology around the globe, including to China, are in limbo because turmoil at the agency in charge of approving them has left it nearly paralyzed, two sources said.While U.S. Commerce Secretary Howard Lutnick has become a familiar face touting President Donald Trump's tariff and trade deals
On March 5, 2025, the United States Senate passed an important bill to authorize funding for our United States Coast Guard, after failing to do so in the previous Congress. S. 524, the Coast Guard Authorization Act of 2025, would if enacted into law authorize appropriations to fund the Coast Guard totaling $30.45 billion for fiscal years 2025 and 2026.
Aptamus Carbon Solutions (Aptamus), a subsidiary of Overseas Shipholding Group, and Entr, the consultancy arm of Aker Solutions, have entered into an agreement for the front-end engineering and design (FEED) of CO2 terminals in Florida and Louisiana.Entr will be in charge of FEED for a temporary storage and liquefaction processing terminal at Port Tampa Bay in Tampa, Florida
Palantir leaders said the U.S. technology company has clinched a deal to sell more software to HD Hyundai, ramping up its heavy-industry work in South Korea.The agreement is worth hundreds of millions of dollars to Palantir over several years, a person familiar with the matter told Reuters on Tuesday.Palantir declined to comment on terms of the deal.
Woodside Energy's decision last month to proceed with its Louisiana LNG export facility was the first of over 90 million tonnes of new LNG shipping capacity U.S. companies plan to approve this year despite uncertainty about President Donald Trump's trade war, according to company statements and analysts.The U.S., already the world's largest exporter of the superchilled gas with 91.