U.S. President Donald Trump wants a pay raise for troops, more high-tech missiles and drones in next year's defense budget, while cutting Navy jobs, and buying fewer ships and fighter jets to save money, according to budget materials posted Wednesday.At $892.6 billion, the defense and national security budget request is flat compared with this year.
Russia said on Tuesday the U.S. had agreed to help it lift restrictions on food, fertilizer and shipping companies in exchange for agreeing to a maritime security deal in the Black Sea.The United States further said it had also agreed with Russia and Ukraine to implement a ban on military strikes on each other's energy installations.
Operating one of the world’s largest marine fleets of any kind, it is Svitzer’s local footprint that speaks volumes for its diverse and far-flung workforce and assets. Strengthened by a multi-national team, providing value in more than three dozen countries, Svitzer stands out every day.
The U.S. Navy on Friday announced it has placed a $6.75 billion order with San Diego shipbuilder General Dynamics NASSCO for up to eight John Lewis Class (TAO-205) Fleet Replenishment Oilers. The ships are scheduled for delivery through January 2035.The Navy, which has been looking for ways to reduce costs and increase efficiency across its shipbuilding and repair programs
Hanwha Ocean on Wednesday announced it has secured a contract that makes it the first Korean shipbuilder to provide maintenance, repair, and overhaul (MRO) services for the U.S. Navy.The 40,000-ton U.S. Navy dry cargo and ammunition ship USNS Wally Schirra is undergoing maintenance and inspection at Hanwha Ocean’s Geoje shipyard
Deme Offshore has laid all inter-array cables, manufactured by its partner Hellenic Cables, for the first phase of 3.6 GW Dogger Bank offshore wind farm in UK.More than 200 miles of 66KV inter-array cables have been successfully installed by delivery partners working on the construction of the world’s largest offshore wind farm.
French maritime data analytics platform Kpler wants to buy ship tracking company Spire Maritime, whose satellite data is a vital resource for oil traders and shipping companies, but some Spire customers fear Kpler will cut them off and have raised antitrust concerns to U.S. authorities, sources familiar with the matter say.The $241 million deal announced on Nov.
Tributes have been paid to The Maritime Group (International) (TMG) founder Captain John M Cox III following his death at the age of 93.Capt Cox, known to his friends as Jack, died peacefully in Seattle on Thursday November 21 after a short illness.He recently retired as chairman and president of The Maritime Group (International), which included The Maritime Group, Inc.
The Rolling Stones were wrong: Time is not on my side.Too often a myth is created and if not killed off right away, it will take on a life of its own and time will not debunk it. Many myths are created for evil or political purposes, but some myths just occur because the truth is just too complicated.Some of those myths don’t even make sense, but there is no available data to establish the truth.
A marine services company was cited for 15 serious violations and fined $164,000 for exposing workers to fire and asphyxiation hazards while making repairs to a Canadian-registered bulk carrier moored at the Port of Ashtabula, the Occupational Safety and Health Administration (OSHA) said.
American Bureau of Shipping (ABS) and the United States Coast Guard Research and Development Center (USCG-RDC) signed a memorandum of understanding (MoU) as a stepping stone towards collaborative research and development on top-of-mind technologies impacting the maritime industry.Activity under the MoU can include developing joint research publications
Dutch shipbuilder Damen has signed a deal with Ta San Shang Marine (TSSM) for the construction of the second commissioning service operation vessel (CSOV) for Taiwanese offshore wind operations.TSSM, the joint venture between Mitsui O.S.K. Lines (MOL) and Ta Tong Marine, placed an order for the second Damen 9010 CSOV, set for delivery at the end of 2026.