Major US maritime organizations have issued statements voicing their concern over the Trump Administration’s decision to issue a sweeping 60-day waiver of the Jones Act.Under the Jones Act, goods shipped between U.S. ports must be carried on vessels that are U.S.-built, U.S.-flagged and mostly U.S.-owned. A coalition of U.S.
Italy’s Fincantieri and Spain’s Navantia have signed a memorandum of understanding to jointly coordinate and execute the European Patrol Corvette (EPC) program, strengthening industrial cooperation under one of Europe’s most ambitious defense initiatives.The two shipbuilders plan to create a joint venture to manage and execute the program.
The Bureau of Ocean Energy Management announced a Proposed Notice of Sale for the third offshore oil and gas lease sale under the One Big Beautiful Bill Act. The proposed lease sale, known as Lease Sale Big Beautiful Gulf 3, or BBG3, is scheduled to take place on Aug. 12, 2026.This sale is the third of 30 Gulf of America oil and gas lease sales required by the One Big Beautiful Bill Act (Public
Brazil's Federal Audit Court (TCU) on Monday voted six to three to recommend that operators of existing container terminals at the Santos port be barred from participating in the first phase of bidding for a planned mega terminal, citing concerns over market concentration.The decision deals a blow to companies such as Danish shipping group Maersk
The American Waterways Operators, the trade association of the American tugboat, towboat and barge industry, has released a new video on the industry's contributions to U.S. national and homeland security.The two-minute video, The Tugboat, Towboat and Barge Industry: Supplying America, Securing America, notes that while the mariners who transport cargo and facilitate commerce on America's rivers
Davie Defense Inc. gives a first glimpse today of the “American Icebreaker Factory” – a planned $1 billion transformation of the historic Gulf Copper shipyard in Galveston, Texas.The American Icebreaker Factory concept was created in collaboration with Florida-based Pearlson, which has led major projects for leading American shipbuilders, including BAE Systems
New Wave Media, a leading B2B media company serving the global maritime, offshore energy, subsea and logistics sectors, acquired the Port of the Future Conference & Exhibition, a premier international symposium known for its focus on advancing port infrastructure, technology, and policy.
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 military and Coast Guard budgets are established that will benefit the U.S. ship building and repair sector, but what will stimulate the commercial yards?This author has been scratching his head of late, after a thrilling dive into July’s U.S. Big Beautiful Bill Act, and has asked several colleagues where the funding for support commercial shipbuilding can be found? To answer that
U.S. Transportation Secretary Sean P. Duffy has announced that the Maritime Administration (MARAD) has awarded $8.75 million in grants to revitalize U.S. shipyards and advance America’s maritime dominance.The funding is part of the Small Shipyard Grant program, which supports advanced training, workforce development and new technologies that strengthen U.S. shipbuilding and repair capabilities.
Norwegian oil and gas company Aker BP has completed the installation of a jacket for a new production platform at the Valhall field in the Southern North Sea.The Valhall production and wellhead platform (PWP) jacket has been installed with the support from Allseas' Pioneering Spirit and Heerema Marine Contractors' Sleipnir, two of the world’s largest offshore vessels
On April 30, Senator Mark Kelly (D-AZ), together with several original co-sponsors, reintroduced the SHIPS for America Act in the U.S. Senate, first introduced in December 2024, divided into two bills. Companion legislation was also introduced in the U.S. House of Representatives by Rep. Trent Kelly (R-MS) and Rep. John Garamendi (D-CA). This is a major, historic effort to revitalize the U.S.