The United States expanded sanctions against Iran's petroleum and petrochemical sectors on Friday in response to an Iranian missile attack on Israel, the administration of President Joe Biden said.The U.S. move adds petroleum and petrochemicals to an executive order that targets key sectors of Iran's economy with the aim of denying the government funds to support its nuclear and missile programs.
MV Lochmor, the first of two new vessels for the Little Minch routes, was launched August 23, 2025 at Cemre Marin Endustri shipyard in Yalova, Turkey.MV Hebrides, the new ferry along with sister vessel, MV Claymore, will provide a two-vessel service to the routes between Uig on Skye, Tarbert (Harris) and Lochmaddy (North Uist).
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.
CK Hutchison on Thursday reported an 11% drop in underlying profit for 2024, as one of Hong Kong's most powerful conglomerates becomes increasingly embroiled in a political row over the sale of its ports business to a BlackRock-led consortium.The telecoms-to-retail conglomerate, owned by billionaire Li Ka-shing, said this month it had agreed to sell most of its global ports business
Port of Savannah received four new electric ship-to-shore cranes on January 25, 2025, bringing Ocean Terminal’s fleet to eight Super Post Panamax cranes, all designed by Finland-based Konecranes.Once all cranes are commissioned and berth construction is completed, the eight ship-to-shore cranes at Ocean Terminal will have the capability to service two vessels simultaneously.
Traders diverted at least six cargoes of liquefied natural gas that were on course for Asia to Europe earlier this month, drawn by higher European prices and amid weak Asian demand, according to analysts and shipping data.The diverted cargoes could help meet additional European demand as countries seek to replace piped Russian gas after the Ukraine transit deal expired on Jan.
Hurricane Milton closed in on Florida's Gulf Coast on Wednesday, spawning tornados and lashing the region with rain and wind hours ahead of its expected landfall near Tampa Bay, where it could deliver a life-threatening surge of seawater to communities along the waterfront.Millions of people along a stretch of more than 300 miles (483 km) of coastline were under evacuation orders
Four students from the U.S. Merchant Marine Academy (USMMA) – Draygan Colonese, Elizabeth Kay, Charles Lausten and Gianna Russo – have been awarded Thomas B. Crowley Sr. Memorial Scholarships in recognition of their success and commitment to careers in the maritime industry.They were selected based on their academic achievements and performance during the cadet training periods aboard
At least five cargoes of LNG have diverted from Asia to Europe in the past few days, drawn by higher gas prices on the continent after Russia's Gazprom halted supplies to Austria's OMV, data from analytics firm Kpler showed.On Saturday Gazprom halted supplies to top Austrian gas importer OMV after OMV threatened to impound some of the Russian state firm's gas as compensation for an arbitration
Germany has refused to allow a Russian LNG shipment at the Brunsbuttel terminal in northern Germany in line with Berlin's policy not to import LNG from Russia, industry sources said on Thursday.The Financial Times reported earlier on Thursday that Germany's economy ministry BMWK had instructed the Deutsche Energy Terminal not to accept any deliveries of Russian LNG after the company informed
**Austal USA Breaks Ground on New Submarine Module Facility in Mobile, Alabama**Mobile, Ala. shipbuilder Austal USA announced the commencement of construction on a state-of-the-art manufacturing facility dedicated to submarine modules, known as MMF3. Set to be operational by late 2026, this new building will significantly enhance the company’s capacity to support the U.S.