U.S. President Donald Trump's administration is on a mission to weaken China's global network of ports and bring more strategic terminals under Western control, according to three sources familiar with the plan.The drive is part of the most ambitious effort to expand U.S. maritime influence since the 1970s and is designed to address growing fears in Washington that it would be at a disadvantage
Britain will allow imports of diesel and jet fuel refined abroad from Russian crude under a sanctions carve-out, watering down restrictions to help ensure supply at home as prices soar due to the conflict in the Middle East.While Britain's support for Ukraine remains steadfast, junior treasury minister Dan Tomlinson said
C&C Marine and Repair held a keel laying ceremony at its Belle Chasse shipyard, marking a milestone in a new series of four hybrid escort tugs being built for Green Tug Towing (GTT). The vessels will support LNG carrier operations at Woodside Energy's Louisiana LNG terminal in Calcasieu Parish.
Five European Union countries are calling for a windfall tax on energy companies' profits in reaction to rising fuel prices due to the Iran war, according to a letter from finance ministers to the EU Commission seen by Reuters on Saturday.The finance ministers of Germany, Italy, Spain, Portugal and Austria made the joint call for an EU-wide tax in a letter dated Friday.
Oil prices were little changed in choppy trade on Monday, as investors awaited clarity on the status of talks between the U.S. and Iran even as they remained wary about sustained supply losses due to shipping disruptions.Brent crude futures LCOc1 rose 76 cents, or 0.7%, to $109.79 a barrel at 0656 GMT. U.S. West Texas Intermediate crude CLc1 futures were trading 53 cents, or 0.5% lower, at $111.
Valero Energy Corp has shut its 380,000-barrel-per-day (bpd) oil refinery in Port Arthur, Texas, following an explosion and fire at a diesel hydrotreater unit, people familiar with the plant operations said on Monday.The cause of the explosion at the 47,000-bpd 243-diesel hydrotreater unit was not clear. The blast could be heard as far as 11 miles away, the sources said.
Massachusetts Maritime Academy (MMA), a top-ranked public university with undergraduate degree programs focusing on science, engineering, technology, math, and business that blend academics and experiential learning, announced the reappointment of Elizabeth B. Simmons, vice president of external affairs, to the reconstituted Seaport Economic Council.
Nippon Yusen Kabushiki Kaisha (NYK Line), one of the world’s largest shipping companies, has expanded its partnership with Neptune Robotics to scale up robotic hull cleaning across its global fleet in a move expected to deliver major fuel savings and accelerates maritime decarbonization.
A landmark moment in Gulf Coast industry was celebrated today with the christening of Creole King, a state-of-the-art barge-mounted stevedoring crane, at the Port of Iberia.Operated by Cooper Consolidated and assembled by E-Crane’s Gulf Coast Service team, the Creole King represents a technological and environmental leap forward for midstream cargo operations.
American Cruise Lines christened American Patriot in Newport, Rhode Island last week—celebrating the holiday and simultaneously marking the countdown to the country’s 250th birthday on July 4, 2026. American Patriot is the first ship in the company’s new Patriot Class—a fleet of new 130-passenger ships designed for exclusively cruising the U.S.A.
Britain said on Monday it would radically change its approach to defence to address threats from Russia, nuclear risks and cyber-attacks by investing in drones and digital warfare rather than relying on a much larger army to engage in modern combat.Responding to U.S. President Donald Trump's insistence that Europe take more responsibility for its own security
The UK Marine Accident Investigation Branch (MAIB) as released its report on the investigation into the catastrophic engine failure and subsequent fire on board the site investigation vessel Kommandor Susan in the Firth of Forth, Scotland, on January 25, 2025.The vessel suffered a catastrophic failure of a diesel generator engine while conducting sea trials in the Firth of Forth, Scotland.