The Trump administration is considering waiving the century-old Jones Act for a limited period to ensure energy and agricultural shipments can move freely between U.S. ports, press secretary Karoline Leavitt said on Thursday, in a bid to combat Iran-related supply disruptions."In the interest of national defense
Resolve Marine, a marine solutions provider, has begun work on the mast removal of the SS Richard Montgomery, a World War II Liberty ship that sank in 1944 while carrying munitions destined for Allied forces in Europe. Situated in the Thames Estuary, approximately 80 kilometers east of London, the vessel still contains approximately 1,400 tons of munition.
Port of Albany-Rensselaer, NY CEO Richard J. Hendrick was unanimously elected Chair of the Board of Directors of the American Association of Port Authorities (AAPA) at its Annual Convention in New Orleans. AAPA represents more than 130 public port authorities in the U.S., Canada, the Caribbean and Latin America.
C&C Marine and Repair delivered M/V Capt. Pete Ciaramitaro, a 2,600-horsepower inland towboat, to Southern Devall. The vessel is the first delivery from C&C Marine’s six-vessel spec towboat program and was delivered just over two months after the contract was signed on July 20, 2026.
The JSI Alliance has successfully completed a major project in India for client Afcons Infrastructure Limited. Afcons was contracted to construct a new liquid cargo berth for Gujarat Chemical Port Ltd. (GCPL). The JSI Alliance was contracted for the execution of critical heavy lifting operations for the development.
Ofiniti has acquired maritime intelligence company Teqplay, expanding its maritime fuel operations platform with vessel tracking, port-call analytics and operational intelligence capabilities.The acquisition broadens Ofiniti's offering beyond scheduling, operational coordination and digital documentation into real-time operational intelligence
Iran can withstand a complete halt in oil exports of up to two months before being forced to curb production, analysts said, after the U.S. began blocking shipping in and out of the country's ports on April 13.The blockade could prevent roughly 2 million barrels per day (bpd) of Iranian crude from reaching its main buyer China.
Four people died after a small boat carrying migrants seeking to reach Britain sank in the Channel and a search and rescue operation was underway, French local authorities said on Thursday."A taxi-boat sinking occurred today. The situation is still being assessed and remains subject to change," local French authorities in Calais said in a press statement.
Following three consecutive years of revenue growth and expanding international demand for efficient offshore power delivery, Verlume is evolving its leadership structure to support its next phase of global expansion transitioning from technology commercialization to global scale-up.
The Rio Tinto marine team ia a leading charterer, chartering and operating a fleet of more than 230 ships to transport over 300 million tonnes of product every year. Glencore shares rose by 10% on Friday following news it is in talks with Rio Tinto about a takeover that would create the world's largest mining group, valued at almost $207 billion.
HII’s Ingalls Shipbuilding division has delivered Arleigh Burke-class guided missile destroyer Ted Stevens (DDG 128) to the U.S. Navy. This marks the second Flight III Arleigh Burke-class destroyer to be delivered by Ingalls shipbuilders.“The delivery of Ted Stevens reflects the strong momentum of our destroyer program as we accelerate Flight III production and bring enhanced capabilities to the
Gulf Island Fabrication has reported strong third-quarter results with revenue of $51.5 million and adjusted EBITDA of $2.5 million, despite softer trends in its services business, a decline in small-scale fabrication activity and anticipated losses from the recently acquired Englobal business.