The Trump administration will hold an auction for drilling oil and gas off the U.S. Gulf next month and has proposed another in a waterway in southern Alaska, it said on Friday.The lease sale in the U.S. Gulf of Mexico, which President Donald Trump refers to as the Gulf of America, will make about 80 million acres available.
U.S. President Donald Trump's administration on Tuesday unveiled a comprehensive schedule to hold more than 30 offshore oil and gas lease sales in the Gulf of Mexico and Alaska's Cook Inlet over the next 15 years.The plan fulfills a directive in Trump's One Big Beautiful Bill Act, which passed last month
The White House is weighing an executive order that would fast-track permitting for deep-sea mining in international waters and let mining companies bypass a United Nations-backed review process, according to two sources with direct knowledge of the deliberations.If signed, the order would mark U.S.
The United States has seized another Venezuela-linked tanker, U.S. officials told Reuters on Thursday, ahead of a meeting between U.S. President Donald Trump and Venezuelan opposition leader Maria Corina Machado.The seizure marks the sixth vessel targeted since mid-December that was either carrying Venezuelan oil or had done so in the past.
KNUD E. HANSEN, a naval architecture and marine engineering consultancy, has announced a milestone in its ongoing collaboration with Ferry Holdings Limited. Following the successful signing of the shipbuilding contract with Guangzhou Shipyard International (GSI), two new RoPAX vessels will be built.
A Finnish district court ruled on Friday that it does not have jurisdiction to prosecute the captain and two officers of the Eagle S oil tanker, who are accused of breaking undersea power and internet cables in the Baltic Sea last year.Finland has said the Eagle S is part of a shadow fleet of tankers used by Russia to circumvent sanctions on its oil exports.
Nippon Yusen Kabushiki Kaisha (NYK) has completed a joint demonstration with Singapore-based Global Centre for Maritime Decarbonisation (GCMD) that verified the long-term use and storage of biofuel onboard ships, confirming its technical safety and sustainable usability.The six-month trial, as part of Project LOTUS, involved continuous use of B24 biofuel on a pure car and truck carrier.
Mitsui O.S.K. Lines (MOL) has completed the biofuel bunkering operation for its capesize bulk carrier Lambert Maru in Singapore, with the vessel now underway on its first biofuel-powered voyage carrying cargo for Anglo American.The 292-meter-long Lambert Maru, which has a deadweight tonnage of 180,432 MT, loaded the biofuel on September 14.
On September 9, 2025, Freire Shipyard launched the new Arctic freezer trawler, built for Canadian fishing company Qikiqtaaluk Fisheries Corporation.The Saputi II, with a length of 79 meters, a beam of 17 meters and capacity for 34 crewmembers, will be equipped with a high-efficiency, low-emission Wärtsilä engine.
The captain of an oil tanker and two officers accused of severing five undersea power and telecoms cables in the Baltic Sea last December, blamed technical faults for the damage as their trial began in Helsinki on Monday.NATO allies with forces stationed around the Baltic Sea went on high alert after the December 25 incident
Finland's national prosecutor's office said on Monday it had brought charges against the captain and first and second officers of the Eagle S oil tanker over the cutting of undersea cables in the Gulf of Finland in December.The Georgian and Indian nationals are suspected of aggravated criminal mischief and aggravated interference with communications by dragging the ship's anchor for around 90 km
Mitsui O.S.K. Lines (MOL) has completed a biodiesel-blended marine fuel (biofuel) bunkering on its capsize bulk carrier, Midnight Dream.In March 2025, the vessel was supplied with about 1,000 tons of biofuel in Singapore, initiating MOL’s first biofuel utilization in collaboration with BHP Group on a capesize bulk carrier.