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.
Operating one of the world’s largest marine fleets of any kind, it is Svitzer’s local footprint that speaks volumes for its diverse and far-flung workforce and assets. Strengthened by a multi-national team, providing value in more than three dozen countries, Svitzer stands out every day.
The bipartisan, bicameral bill will fuel U.S. economy, strengthen national security by responding to China’s threat over the oceans. Currently, the number of U.S.-flagged vessels in international commerce is 80; China has 5,500.Today, Senator Mark Kelly (D-AZ), Senator Todd Young (R-IN), Representative John Garamendi (D-CA-8)
Domestic U.S. shipping interests are closely monitoring a United States Trade Representative (“USTR”) proposal for import and export trades involving Chinese vessels. There is an ongoing Section 301 investigation prompted by domestic industry concerns about China’s industrial ambitions in sectors that are critical to U.S. economic and national security.
Skyports Drone Services, a firm specializing in drone delivery and inspection services for healthcare, maritime, logistics and energy use cases, has been conducting a series of Proof-of-Concept Ship-to-Shore beyond visual line of sight (BVLOS) drone flights and deliveries in Michigan’s Great Lakes region.
President Donald Trump's administration is considering a proposal to create an international shipping registry in the U.S. Virgin Islands as part of efforts to enlarge the tiny commercial shipping fleet flying the American flag, according to four sources familiar with the matter.Increasing the number of U.S.
American Fan working with Ingalls Shipbuilding and other shipbuilders to provide ventilation fans for ten Flight III destroyersFairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has been awarded multiple purchase orders for its Ohio-based business unit, American Fan
R.W. Fernstrum & Company, founded by Robert W. Fernstrum 75 years ago, is a quintessential U.S. manufacturing story. The company was born in the aftermath of WWII, founded on an invention developed during the war by Robert Fernstrum to help solve an engine overheating problem that was plaguing U.S. Navy landing craft.
Strong confidence in the offshore vessel market has seen orders placed in the previous market upcycle re-activated to take advantage of renewed investor interest, according to a new report from Maritime Strategies International (MSI).In its third quarter offshore support vessel (OSV) sector report MSI notes that of the 17 vessels delivered to date in 2024, 13 were ordered more than a decade ago
Crewmembers aboard a Washington State Ferries vessel helped to rescue three boaters and a dog after their small vessel capsized near Bremerton, Wash.The crew aboard Jumbo-class ferry Walla Walla rescued a person and a dog near the Bremerton terminal Tuesday evening, according to WSF.
Tidewater announces the retirement of President and CEO Todd Busch, effective June 30, and current COO Johan Sperling will step into the role of President & CEO on July 1."Todd's leadership has been nothing short of remarkable," said Johan Sperling. "His vision and dedication have set a strong foundation for Tidewater's future.
The United States must renew its commitment to a strong, reliable American maritime capability to confront emerging threats. China’s aggressive shipping expansion poses significant challenges to the United States and our allies. Global tensions have highlighted the vulnerability of maritime supply chains