The bipartisan, bicameral bill will fuel U.S. economy, strengthen national security by responding to China’s threat over the oceans. Currently, the number of U.S.-flagged vessels in international commerce is 80; China has 5,500.Today, Senator Mark Kelly (D-AZ), Senator Todd Young (R-IN), Representative John Garamendi (D-CA-8)
The United States imposed sanctions on Thursday on Iran's Oil Minister Mohsen Paknejad and some Hong Kong-flagged vessels that are part of a shadow fleet that helps disguise Iranian oil shipments, the Treasury Department said.President Donald Trumpre-imposed a "maximum pressure" policy on Iran in February that includes efforts to drive its oil exports to zero in order to stop Tehran from
The National Association of Waterfront Employers (NAWE) said that John Young has joined the association as the new vice president of government affairs.Young brings to NAWE more than 20 years of experience in Washington, D.C., primarily focused on supply chain, infrastructure, and maritime issues.
Belgian offshore installation contractor Jan De Nul has secured a contract for the installation of monopiles for 72 offshore wind turbines that will make up the 1.1 GW Inch Cape offshore wind farm in Scotland.Inch Cape offshore wind farm, being developed by ESB and Red Rock Renewables as equal joint owners, recently reached financial close and is now progressing into construction.
Seaway7, part of Subsea7 Group, has secured a contract for the transport and installation of pin-pile jacket foundations and transition pieces for the 1.1 GW Inch Cape offshore wind farm in Scotland.The contract, valued between $150 million and $300 million, has been awarded to Seaway7 by Cape Offshore Limited, a joint venture between ESB and Red Rock Renewables.The 1.
The U.S. military is supporting Philippine operations in the South China Sea via a special task force, a U.S. embassy official said on Thursday, an initiative Manila said involves intelligence, surveillance and reconnaissance.Task Force-Ayungin, named after the Philippine designation for the contested Second Thomas Shoal, was first mentioned this week by U.S.
In January 2023, U.S. federal agents raided the home of a Tucson maintenance worker who had a side hustle hauling packages across the border to Mexico.They estimate that over the previous two years, the gray-bearded courier had ferried about 7,000 kilos of fentanyl-making chemicals to an operative of the Sinaloa Cartel. That’s 15,432 pounds, sufficient to produce 5.
The “raging fires of tariffs and counter-tariffs” that continue to suppress recycling vessel prices are creating a path for falling prices in the first, and possibly second, quarter of 2025, reports cash buyer GMS.“Some of the seriously older tonnage that has gotten an extension on their expiration dates via global events and wars that saw charter rates soar through the skies across 2023 and
As global ship recycling markets head into the final month of the year on a comparatively firmer footing and a 2024 full of minimal sales and activity wraps up, cash buyer GMS says that noteworthy declines in prices have seen nearly USD 150/LDT wiped from sub-continent ship recycling levels.
Volunteer lifeguards from Spanish charity Open Arms assisted 54 migrants stranded on a rubber dinghy in the Mediterranean Sea off the Italian island of Lampedusa on Tuesday, according to a Reuters witness.The group said it gave the passengers, who were mainly Syrian nationals, life jackets and water after alerting the Italian Coast Guard, which later took them to Lampedusa.
China said on Monday "illegal" beaching of Philippine warships at the Nansha islands in the South China Sea had "gravely damaged" the coral reef ecosystem in the area, as both countries tussle over disputed territory at atolls in the vast waterway.China's Ministry of Natural Resources, in a comprehensive report
The Philippine military on Tuesday rejected Chinese allegations that troops stationed on a warship grounded on a disputed South China Sea shoal had pointed guns at its coast guard, insisting its personnel maintained professional conduct.Philippine troops are governed by rules of engagement and acted with the highest level of professionalism