The Trump administration on Friday ordered Denmark's Orsted to stop far-advanced construction on an offshore wind project near Rhode Island, in a move that threatens to exacerbate the company's financial troubles.With construction now frozen at 80% completion, Orsted has no immediate path to revenue generation, heightening pressure on the company as it seeks to shore up finances through a $9.
The United States has ordered an amphibious squadron to the southern Caribbean as part of President Donald Trump's effort to address threats from Latin American drug cartels, two sources briefed on the deployment said on Wednesday.The sources, speaking on condition of anonymity, said that the USS San Antonio
Venezuela's exports of crude oil and fuel fell 11.5% in March as Washington's imposition of secondary tariffs and the cancellation of key licenses to operate in the U.S.-sanctioned energy sector led to delays and cargo suspensions, according to ship tracking data and documents.U.S.
A federal judge on Monday struck down an order by U.S. President Donald Trump's administration to halt all federal approvals for new wind energy projects, saying that agencies' efforts to implement his directive were unlawful and arbitrary.Agencies including the U.S. Departments of the Interior and Commerce and the Environmental Protection Agency have been implementing a directive to halt all
Interferry, the global association representing the ferry industry, announced the appointment of six new members to its Board of Directors. These new director appointments, approved at the Annual General Meeting (AGM) in Sorrento on October 6, reflect the diversity and global reach of the ferry industry.
Small importers for large U.S. retailers rushed in China-made strollers and wares meant for spring and are storing the goods in their own warehouses to avoid the big tariff bills that had been threatened over the next month.Before Sino-American talks on the sidelines of the ASEAN Summit in Kuala Lumpur eliminated the threat of U.S.
Coast Guard and Maritime Transportation Subcommittee Ranking Member Salud Carbajal (D-CA-24) and Chair Mike Ezell (R-MS-04) announced their bipartisan American Cargo for American Ships Act passed the House of Representatives. The legislation will strengthen U.S. cargo preference laws to stop the ongoing decline of U.S. flagged ships engaged in international trade.
The Netherlands called on the EU on Wednesday to sanction Yemen's Houthis as a terrorist group, after the organisation claimed responsibility for an attack on the Dutch-flagged general cargo ship Minervagracht in the Gulf of Aden.The Iran-aligned group has launched numerous assaults on vessels in the Red Sea since 2023
The Panama Canal will soon begin consultations with companies about launching a competitive tender in the first quarter of next year offering two new ports for construction and operation within its zone, a source involved in the preparations said on Thursday.The ports are part of a broad expansion plan being organized by the waterway's administration.
T. Parker Host (HOST), a provider of maritime agency and terminal services across the United States, has acquired Transmarine Navigation Corporation (Transmarine), a West Coast ship agency headquartered in Long Beach, California.The transaction unites two industry pioneers, forming the largest independent tramp ship agency in the United States and expanding HOST’s maritime coverage from coast to
Guyana's government has submitted an oil pollution bill to the Parliament proposing to make responsible parties liable for damages caused by oil spills, including from vessels, according to a copy of the act published in the Official Gazette.The South American country, whose oil production is controlled by an Exxon Mobil-led consortium is expected to surpass 900
The United Kingdom Maritime Trade Operations said on Tuesday that it received a report of an incident for a vessel 100 nautical miles east of Yemen's Aden, the first report by the agency in the area in months.The vessel's crew were safe and it was proceeding to the next port of call, UKMTO said