The White House is expected to extend the Jones Act waiver for up to 90 days as early as Friday to help blunt fuel price pressures tied to the Iran conflict, according to two sources familiar with the decision.The move would temporarily ease requirements that goods transported between U.S.
The American maritime industry depends on policy that supports economic growth and investment and protects national security; however, recent policy decisions have too often relied on broad administrative actions and outdated assumptions rather than modern, data-driven approaches. The extension of the Jones Act waiver and the continued use of rigid seasonal dredging windows illustrate this trend.
While oil and gas are once again flowing through the Strait of Hormuz, the closure of the vital waterway for over 100 days could prove to be a turning point in global energy markets. The Arab oil embargo of 1973, a similarly disruptive supply shock, offers clues about where we might be headed.
The U.S. Merchant Marine Academy (USMMA) graduated 188 new merchant marine and military officers during its 90th commencement ceremony.U.S. Secretary of Transportation Sean P. Duffy, whose department oversees the Academy, one of the Nation’s five service academies, introduced the keynote speaker, U.S. Secretary of the Army Daniel Driscoll.
Captain Steve Jones is President of the Passenger Vessel Association for 2025. As his term comes to a close in February at the PVA Annual Convention at MariTrends 2026 in Covington, KY, Captain Jones has achieved several long-sought-after successes during his term and set in motion other important association undertakings intended to deliver noteworthy benefits to PVA members in the coming year
The Pasha Group, a leader in integrated global logistics and maritime services, announced that Cary Davis has joined the company as Vice President of Government Affairs to lead advocacy and corporate communications. In this role, Davis will oversee federal, state, and local government relations; industry and stakeholder engagement; media relations; and strategic communications in support of
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.
Russia's Lukoil is selling its international assets after the U.S. imposed sanctions on the company.Washington refused to approve the sale of assets to Swiss commodity trader Gunvor, throwing Lukoil's operations in disarray and leading to a scramble of potential buyers.The U.S. Treasury cleared potential buyers to talk to Lukoil until December 13.
The U.S. Navy needs to dramatically increase the fleet, especially submarines, but the available pool of skilled workers is not keeping pace.Submarine construction is ramping up. The Navy continues to build Virginia-class submarines, striving for two per year, and is gearing up build the new Columbia-class of nuclear-powered ballistic missile submarines.
The owners and managers of the M/V Dali, the ship that destroyed Baltimore’s Francis Scott Key Bridge, have brought a claim in the Pennsylvania Court against the vessel’s shipbuilder, Hyundai Heavy Industries Co. Ltd. The M/V Dali was completed and delivered by HHI in 2015, so is 10 years old.
Hanwha Group has announced a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting growth of the U.S. shipbuilding industry through a $150 billion investment fund.The $5 billion program will be dedicated to the installation of two additional docks, and three quays to increase capacity.
South Korean Finance Minister Koo Yun-cheol said on Tuesday he would seek a mutually beneficial trade deal when he meets U.S. Treasury Secretary Scott Bessent for talks this week, just days before an August 1 deadline expires to avoid punishing tariffs.Speaking at the airport before departing for Washington