Hanwha Philly Shipyard (HPSI) and TOTE Services were selected to deliver the Missile Defense Agency’s (MDA) Missile Range Instrumentation Vessels (MRIV). TOTE Services will serve as vessel construction manager (VCM), and HPSI will build the ships at its Philadelphia shipyard.The MRIV will replace the Pacific Tracker and Pacific Collector
A joint letter organized by the American Biofuels Maritime Initiative (ABMI) has been sent to U.S. Secretary of State Marco Rubio ahead of this week's negotiations at the IMO MEPC 84 meeting in London. The effort is aimed at ensuring that global maritime decarbonization also translates into durable new demand for American biofuels and additional income streams for U.S.
As oil exploration and production goes, so goes the market for Offshore Service Vessels (OSVs) and Platform Supply Vessels (PSVs). Throughout 2025, the prices of oil- which drives exploration and production (E & P), have softened, moving down towards $60/barrel amidst economic uncertainty and a wider than anticipated opening of the taps by major oil producers.
The International Marine Contractors Association (IMCA) has launched IMCA 2030, a four-year strategy designed to ensure the association remains relevant, authoritative, and valuable to members as the offshore construction industry navigates a period of significant change.Launched at the IMCA Global Summit in Antwerp, Belgium
Liskow announced the firm’s expansion into New England and the growth of our maritime practice with the addition of three attorneys: Samuel P. Blatchley, Patrick J. O’Connor, and Michael J. Pluhowski. The addition brings an established fisheries litigation and maritime regulatory practice to Liskow and adds a new office in New Bedford, Massachusetts
Russia plans to raise more than 200 billion roubles ($2.35 billion) from exporters to finance the construction of icebreakers for its Arctic sea route, according to a draft government decree published this week.Russia is seeking additional sources to finance the development of transport infrastructure as it grapples with a budget deficit and rising war costs.
Italian shipbuilder Fincantieri has agreed to acquire majority stakes in four companies for an initial expenditure of about $687 million (€600 million), expanding its capabilities in marine drones, subsea services and underwater communications across commercial and defense markets.
Maria Psaltaki joined RightShip as its Chief Product Officer, replacing Marlon Grech who decided to conclude his tenure following four years of leading the evolution of RightShip's product and technology capabilities. Grech joined RightShip through the acquisition of Thynk Software in 2022, which he had founded - the first pivotal step in RightShip’s transformation journey.
Port Houston, an advocate of the nation’s busiest waterway, the Houston Ship Channel, has announced the appointment of Amy Rister as its Director of State Government Relations.In her role, Rister will lead Port Houston’s state government relations strategy and serve as a key liaison to state leaders.
Congressman Chuck Fleischmann (R-TN), Chairman of the House Energy and Water Development and Related Agencies Appropriations Subcommittee, was presented with Waterways Council, Inc.’s (WCI) 23rd Annual Leadership Service Award on February 4, for championing the Nation’s inland waterways and the Chickamauga Lock project. The award was presented at a Capitol Hill reception.
American Bureau of Shipping (ABS), Japan’s ENEOS, Nippon Yusen Kabushiki Kaisha (NYK Line) and SEACOR Holdings have launched a joint study to develop a commercial methanol marine fuel supply network along the U.S. Gulf Coast.The study aims to establish the first large-scale ship-to-ship methanol bunkering operations in the United States
The Connecticut Maritime Association (CMA) announced that its most prestigious honor, The Commodore Award, has been renamed The Jim Lawrence Commodore Award, effective immediately. This change commemorates the extraordinary life and lasting legacy of Jim Lawrence, who passed away on June 1, 2025, after a distinguished career spanning more than four decades in the maritime industry.