SFL Corporation has ordered two 93,000-cubic-metre Very Large Ammonia Carriers (VLACs) for about $216 million and secured long-term time charters for the newbuilds with an unnamed oil major.The vessels are scheduled for delivery from the second quarter of 2028 and will mark SFL's entry into the gas carrier segment.
The U.S. is expanding its icebreaking fleet to strengthen Arctic and domestic access, and support commercial shipping, seabed resources, subsea cables and fisheries. Current plans include 1–3 heavy Polar Security Cutters (PSCs), 11 medium Arctic Security Cutters (ASCs), seven Homeland Security Cutter (HSC) HSC-L (light) icebreakers, 11 HSC-Ms (medium) and one additional heavy HSC-H (heavy).
Firmus and SUBCO announced a landmark agreement to build a new submarine fiber optic cable connecting Tasmania to mainland Australia, significantly expanding the state's digital capacity and supporting the next generation of AI infrastructure. The new cable, to be named Bernacchi-1 in honor of pioneering Tasmanian-raised scientist and Antarctic explorer Louis Bernacchi
Wind propulsion specialist bound4blue has completed the first installation under its agreement with Maersk Tankers, fitting four 24-meter eSAIL suction sails on the medium-range tanker Maersk Trieste as part of a wider fleet retrofit program.The installation marks the first phase of a contract agreed in December 2024 covering 20 eSAIL units across five Maersk Tankers MR vessels
The St. Louis Metro Port system remains the nation’s most efficient inland port system, according to the latest U.S. Army Corps of Engineers data, ranking first in cargo tonnage per river mile and fourth in total tonnage among seven major inland port districts.In 2024, the 70-mile port system handled 24.8 million tons of cargo, averaging 354,286 tons per river mile.
J.F. Brennan Company (Brennan) has acquired the marine operations of Budrovich Contracting Co., Inc., establishing a permanent presence in St. Louis and building on its longstanding relationships in the region.The acquisition builds on a seven-year relationship between Brennan and Budrovich’s Marine Operations team.
As weather extremes, aging infrastructure and growing freight demands place increasing pressure on the U.S. inland waterway system, industry and government leaders say one factor is indispensable to maintaining reliable navigation: collaboration.That was the central message from a panel discussion during FreightWeekSTL 2026
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.
Louis Dreyfus Company B.V. (LDC) appointed Sébastien Landerretche as the Group’s Chief Financial Officer (CFO), effective March 18 and based in Switzerland.Landerretche joined the Group in 2004, leading global ocean freight research, based in China. He subsequently held several key leadership roles based in Singapore, including Regional Head of Oilseeds and Regional Head of Freight for Asia
Seventeen students from seven U.S. and El Salvador maritime academies and universities have been selected as the 2025 recipients of the Thomas B. Crowley Sr. Memorial Scholarship. The scholarship recognizes students who demonstrate exceptional academic achievement and dedication to their studies related to the maritime industry. The scholarship honors the legacy of Thomas B. Crowley Sr.
On November 21, Damen Shipyards Group delivered three new tugs, consisting of an RSD Tug 2513 named Fairplay-98, and two ASD Tugs 2312 named Fairplay-86 and Fairplay-87. The RSD Tugs 2513 and one ASD Tug 2312 have been delivered direct to the Fairplay Towage Group, while the other ASD Tug 2312 was delivered to Neue Schleppdampfschiffsreederei Louis Meyer GmbH & Co. KG.
bound4blue and Amasus Shipping have completed the installation of a 22-meter eSAIL on the general cargo vessel Fluvius Tavy at Astander Shipyard in Santander, Spain. The project marks the companies’ second installation, reinforcing both the scalability of suction sail technology and the growing confidence of shipowners in wind propulsion as a mainstream decarbonization solution.