The United States has become the world's largest oil exporter, upending a decades-old order long dominated by Saudi Arabia and Russia, a shift that tightens American companies' grip on energy markets as Washington's war with Iran reshapes global energy trade.America's ascendancy to the top spot marks a stunning reversal for a country that was dependent on Middle Eastern oil for decades and
Exmar has taken delivery of MGC ANTWERPEN, deemed by the Belgian shipping company as the world's first oceangoing vessel powered by a dual-fuel ammonia engine.The newbuild mid-size gas carrier is capable of carrying up to 46,000 cubic meters of ammonia or liquefied petroleum gas and can operate with close to zero emissions when fueled by low-carbon ammonia.
Western Illinois University announced the formal establishment of the Corn Belt Ports Rural Logistics & Maritime Training & Education Consortium, a multi-state collaboration designed to strengthen the inland maritime workforce and support economic growth across the Midwest.The Consortium brings together a broad network of institutions of higher education from Illinois, Iowa, Missouri
UK-based shipowner/operator North Star has strengthened its executive team with new senior appointments as it expands its offshore wind and maritime operations.North Star appointed Duncan Palmer as its first Chief Human Resources Officer, promoted Joanna Lang to Chief Legal and Compliance Officer, and named Kenneth Coughlan as Chief Technology Officer.
Exmar said it has launched conversion works for a new floating storage and regasification unit (FSRU) to support the expansion of the EemsEnergyTerminal in the Netherlands.The move follows the signing of a conditional charter agreement covering both the extension of the existing Eemshaven LNG FSRU and a newly converted unit
The Swedish coast guard said it boarded and took control of a suspected stateless vessel in Swedish waters of the Baltic Sea on Friday, and it was carrying out investigations on the ship."At 3:50 p.m. today, the Coast Guard took control of a vessel with unclear flag status and thus suspected of being a stateless vessel," it said in a statement
The shipping industry's biggest players are shrugging off Trump administration opposition to a global carbon price and are forging ahead with billions of dollars in emissions-reducing investments, according to company officials and a Reuters analysis of data.Europe, Brazil and a host of other nations are pushing the sector
Fincantieri Marinette Marine (FMM) appointed former U.S. ambassador to Norway and the 77th Secretary of the Navy, Kenneth J. Braithwaite, as Chairman of their Board of Directors. Braithwaite brings a career in defense and public service to the role, as well as deep Navy ties. He is a 1984 graduate of the U.S. Naval Academy and earned a master’s degree from the University of Pennsylvania.
The Swedish coast guard on Thursday boarded a Liberia-flagged bulk carrier suspected of dumping waste in the Baltic Sea, Sweden's civil defence minister said."This is a clear example of how the coast guard conducts active maritime surveillance to combat environmental crimes," Civil Defence Minister Carl-Oskar Bohlin said in a post on X, without naming the vessel.
Sweden is proposing legislation to increase security in the Baltic Sea by expanding its coast guard's ability to conduct maritime surveillance, the Nordic country's defence ministry said on Friday.The Baltic Sea region is on heightened alert following a string of undersea cable and gas pipeline outages in the years following Russia's 2022 invasion of Ukraine
Exmar has signed contracts with Regasificadora Del Pacífico (RDP) for the deployment of a floating storage unit (FSU) on the west coast of Colombia.RDP is developing a fast-track LNG import solution in the inner bay of Buenaventura, under a term contract signed with Ecopetrol in February of 2025 to provide regasification and logistics services for a volume of 60 MMCFD of gas.
Artemis Technologies has demonstrated its latest electric crew transfer vessel (E-CTV) at Vattenfall's Aberdeen offshore wind farm, in partnership with Vattenfall, Tidal Transit, Lloyd's Register and the Offshore Renewable Energy (ORE) Catapult.The technical demonstration of a dual propulsion, 100% electric Artemis EF-12 CTV at an operational offshore wind farm marks a major milestone