U.S. natural gas futures fell about 4% to a six-week low on Thursday on expectations gas flows to liquefied natural gas (LNG) export plants will remain low through late August due to planned maintenance at Freeport LNG's plant in Texas, and after the release of a federal report showing last week's storage build was much bigger than expected.
Webb Institute celebrated the Commencement of its newest class of naval architects and marine engineers, sending another group of exceptional graduates into the maritime and defense industries that depend on them. U.S. Representative Thomas Suozzi (D-NY) delivered the keynote address on the terrace behind Stevenson Taylor Hall and received an Honorary Doctorate from the college.
Taylor Marine Construction, Inc. announced the startup of Taylor Marine Shipyard, a new Gulf Coast commercial vessel repair and haul-out facility positioned on Dickinson Bayou, immediately adjacent to the Houston Ship Channel near Lights 45 and 46. The shipyard is scheduled to place its 660-ton Marine Travelift into full commercial service in August 2026.
Wärtsilä Water & Waste, part of technology group Wärtsilä, has introduced a flexible and modular grease trap product line designed to separate fats, oils and grease from galley wastewater streams onboard merchant vessels, cruise ships and offshore platforms. The solution supports improved wastewater management while contributing to protection of the marine environment by capturing fats, oils
The American Association of Port Authorities (AAPA) Board of Directors announced the appointment of Sang Yi as President and Chief Executive Officer (CEO), effective May 4.Most recently, Yi served as Deputy Administrator of the U.S. Department of Transportation’s Maritime Administration (MARAD), where he oversaw key programs supporting the nation’s commercial and strategic maritime infrastructure.
Regal Rexnord Corporation announced that its Board of Directors has appointed Aamir Paul to serve as Chief Executive Officer (CEO), commencing no later than July 1, 2026, upon the conclusion of his responsibilities with his current employer, Schneider Electric SE. The Board has also determined that Mr.
Rising temperatures and humidity are increasingly compromising cargo integrity during transit, making prevention essential for operational resilience.Climate change is no longer a distant concern for shipping. Across Southeast Asia, rising temperatures and humidity, and more volatile weather patterns are increasingly affecting cargo integrity during transit.
On January 22, 2026, Eastern Shipbuilding Group (ESG) and partners, U.S. Army Corps of Engineers (USACE) and Royal IHC, held a keel laying ceremony for the ongoing construction of the Dredge DONNELLY at Eastern’s Allanton Facility.The DONNELLY is a Medium Class Hopper Dredge that has been under construction since April 2025.
A federal judge on Monday struck down an order by U.S. President Donald Trump's administration to halt all federal approvals for new wind energy projects, saying that agencies' efforts to implement his directive were unlawful and arbitrary.Agencies including the U.S. Departments of the Interior and Commerce and the Environmental Protection Agency have been implementing a directive to halt all
Danish shipping company NORDEN has acquired the Southern African cargo activities of Taylor Maritime, previously operated under the IVS brand, adding to its growing parceling and project cargo business.As part of the deal, NORDEN will take over the specialist parceling team based in Durban, South Africa, led by Brandon Paul, who will continue serving customers on parcel trades from South Africa.
HII appointed Tim Taylor as vice president of engineering, technology and design at its Newport News Shipbuilding division.Taylor, a U.S. Navy veteran, has served NNS for 29 years in positions of increasing responsibility, including work control, submarine ship’s safety and sea trial coordination. He currently serves as director of nuclear test engineering.
Interferry, the global association representing the ferry industry, announced the appointment of six new members to its Board of Directors. These new director appointments, approved at the Annual General Meeting (AGM) in Sorrento on October 6, reflect the diversity and global reach of the ferry industry.