Australian authorities have made a major drug bust in Port Botany, uncovering a large shipment of methamphetamine in an inbound shipping container arriving from the United States.The discovery was made on July 22 when Australian Border Force (ABF) examining the container discovered about 896kg of the illicit powdered substance hidden inside packages tucked away in two separate computer numerical
U.S. maritime companies Crowley and SEACOR Holdings on Thursday announced the formal launch of their joint venture Fairwater Holdings LLC, an independent U.S. company integrating the firms’ petroleum and chemical transportation vessels, capabilities and personnel.Active in all major Jones Act coastwise tank vessel trades, Fairwater supports the transportation of petroleum products
The Chamber of Shipping of America has recognized 57 Crowley-owned or -managed vessels with its Jones F. Devlin Safety Awards, honoring the achievements and hard work of crews that together completed a total of 478 years without a lost time injury.The Jones F. Devlin Safety Award honors the commitment of people and companies responsible for long-term operational safety
In the last decade, changing U.S. Administrations have become increasingly tumultuous, as the swings in priorities and directives have a real, material impact on business. Read on for insights on the current and future of U.S. Offshore Wind.In the weeks preceding his late January inauguration
Consortium partners Semco Maritime and PTSC M&C have completed the load-out and sail-away of the second and last offshore substation for the Hai Long Offshore wind project in Taiwan.The load-out and sail-away of the second substation for Hai Long 3 offshore wind farm, which took place on March 8, 2025, comes almost a year after the first substation for Hai Long 2 was delivered to the project site.
Flex LNG Ltd. released its unaudited financial results for the fourth quarter and full year ended December 31, 2024, reporting a robust performance amid a challenging LNG shipping market.Flex LNG posted vessel operating revenues of $90.9 million for the fourth quarter, a slight increase from $90.5 million in the third quarter. Net income surged to $45.2 million, significantly up from $17.
American Commercial Barge Line (ACBL) named Peter Coxon as Chief Executive Officer, effective immediately. Coxon brings more than 40 years of maritime industry experience to ACBL as both an operator and customer. Most recently, he served as CEO of Rand Logistics, leading a successful turnaround, driving improved performance and synergies following Rand’s acquisition of American Steamship Company.
Navalrocha Shipyard reported growth in key target markets, including LPG and Product Carriers, after recording one of its strongest ever half-year performances.With more than 30 projects delivered to date, Navalrocha is on course for another record-breaking year having completed projects with wide variety of commercial ships.
China's foreign ministry on Friday urged the Philippines to immediately stop "infringement and provocation" in the South China Sea or face China's "resolute response."The remarks came a day after Beijing and Manila traded accusations following a confrontation between two of their vessels in contested waters of the South China Sea.
In 2023, the Ministry of Defence of the UK awarded Team Resolute (Navantia UK, Harland & Wolff and BMT) the contract to deliver three Fleet Solid Support (FSS) ships to the Royal Fleet Auxiliary. The first major project milestone, the preliminary design review, has now been completed. The review confirmed the robustness and maturity of the vessel design and leads on to the detailed design.
In a major drug bust, the crew of the U.S. Coast Guard Cutter Joseph Napier transferred 79 kilograms of cocaine and nine suspects to federal authorities in Puerto Rico on Monday. The contraband, with an estimated wholesale value of $829,000, was seized as part of an extensive multi-agency operation.
SEACOR Marine Holdings Inc. announced it has appointed Lisa P. Young as an independent member of its board of directors, in a move that expands the marine services company's board from five to six members.Young is a seasoned professional with 36 years of cross-sector, international experience in public accounting and professional services.