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
[video courtesy Saildrone]Saildrone and Lockheed Martin demonstrated a new armed autonomous naval capability during RIMPAC 2026, successfully launching two Joint Air-to-Ground Missiles (JAGM) from a Saildrone Surveyor unmanned surface vessel (USV) off Hawaii.The live-fire exercise marked the first missile launch from a Saildrone platform
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.
Tug Network Team (TNT), an alliance of independent towage operators launched in the Americas in 2024, has expanded into Europe with the addition of Fairplay Towage.The move increases the alliance’s presence to 113 ports across 13 countries with a combined fleet of more than 200 tugboats.
Damen Shipyards Group announced the completion of sea trials for the latest Island Class ferry for BC Ferries. The seventh Island Class vessel in a series of ten undertook trials during weeks 49 and 50 last year in the Black Sea.Damen is currently constructing four Island Class vessels for the Canadian ferry operator.
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.
Norway-based ship designer HAV Design has appointed Richard Schofield as its new managing director.Schofield has 20 years’ management experience from maritime industries. He has held leadership roles at maritime suppliers Kongsberg Evotec and Vard Electro, at aquaculture industry supplier Optimar, and at ship designer Ulstein Design & Solutions.