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
Wärtsilä Water & Waste, part of technology group Wärtsilä, has introduced a flexible and modular grease trap product line designed to separate fats, oils and grease from galley wastewater streams onboard merchant vessels, cruise ships and offshore platforms. The solution supports improved wastewater management while contributing to protection of the marine environment by capturing fats, oils
The American Association of Port Authorities (AAPA) Board of Directors announced the appointment of Sang Yi as President and Chief Executive Officer (CEO), effective May 4.Most recently, Yi served as Deputy Administrator of the U.S. Department of Transportation’s Maritime Administration (MARAD), where he oversaw key programs supporting the nation’s commercial and strategic maritime infrastructure.
Regal Rexnord Corporation announced that its Board of Directors has appointed Aamir Paul to serve as Chief Executive Officer (CEO), commencing no later than July 1, 2026, upon the conclusion of his responsibilities with his current employer, Schneider Electric SE. The Board has also determined that Mr.
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
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.
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
Malta's government said on Tuesday it would carry out repairs in international waters on a humanitarian aid ship which was reportedly bombed by two drones early on Friday.The "Conscience" is operated by the Freedom Flotilla Coalition, an international NGO which says it wants to use the ship to break the siege of Gaza and deliver humanitarian aid.
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