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Russia sees scope for international investors, including from the Global South, to help develop its Arctic region, a senior official said on Wednesday.President Vladimir Putin is keen to ramp up commerce via the Northern Sea Route through Arctic waters as Russia shifts trade towards Asia and away from Europe because of Western sanctions.Focus on the strategic importance of the Arctic for mining, shipping and international security has increased sharply because of repeated statements by U.S.

Fossil fuel and agriculture industry representatives are expected to criticize the Trump administration's plan to impose big fees on China-linked ships entering U.S. ports during a hearing in Washington on Wednesday, arguing the move would hobble their ability to export everything from coal to soybeans.At issue are proposed fees on China-built vessels that could top $3 million per U.S. port call.The Trump administration says the fees would curb China's commercial and military dominance on the high seas and promote a revival in U.S. shipbuilding, but numerous other U.S.

With your first steps as a cadet onto the Maritime Academy campus, your first union dues payment or first line thrown ashore from the tug, you are lectured on the importance of the “Jones Act”. A constant reminder throughout a US Seafarer’s career of commitment, loyalty and support for the legislation. All in the name of National Security, US Job protection and the advancement of the US Flag Merchant Marine. It is a massive and expensive lobbying effort witnessed throughout generations at sea. The effort has been historically successful.

We are at the one-year since the Francis Scott Key (FSK) Bridge collapsed over the Patapsco River’s Fort McHenry Channel in Baltimore, Maryland. Nearly 100 percent of the wreckage and debris removal was conducted by the Jones Act private sector U.S. maritime industry. The FSK collapsed at about 1:28 a.m. local time on March 26, 2025 after the container ship MV DALI lost power and collided with one of bridge’s support piers. Six construction workers died in the collapse, while two other workers survived the fall into the freezing water.

Danish offshore wind installation firm Cadeler has taken delivery of its latest jack-up wind turbine installation vessel (WTIV), Wind Pace, marking another significant milestone in the company’s ongoing fleet expansion.Delivered safely, on time, and within budget, Wind Pace has become the seventh vessel in Cadeler’s growing portfolio of wind turbine installation vessels.Wind Pace was officially named at a ceremony on the March 12, 2025, at the COSCO Shipping Heavy Industry (COSCO) shipyard in Qidong, China, where it was built.After the delivery, Wind Pace will be deployed in the U.S.

The UK Maritime Minister Mike Kane has revealed the government’s new goals for all vessels that operate in UK waters and dock at UK ports to be carbon free.Part of the government’s Plan for Change, the new Maritime decarbonization strategy sets out goals to reduce greenhouse gas emissions by 30% by 2030, 80% by 2040 and to zero by 2050.This will see the UK match the highest level of the ambitious goals agreed at the IMO in its 2023 strategy on reduction of greenhouse gas emission from ships.

TechnipFMC has been awarded a major integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract worth over $1 billion by Shell for its Gato do Mato greenfield development offshore Brazil.In addition to integrated execution, the project will utilize Subsea 2.0® configure-to-order (CTO) subsea production systems. Combining both offerings will enable streamlined project management through a single interface and accelerate time to first oil.Jonathan Landes…

HII’s Ingalls Shipbuilding division has launched the future USS Jeremiah Denton (DDG 129), the third Flight III Arleigh Burke-class destroyer to be built at the shipyard.DDG 129 is named for former U.S. Sen. Jeremiah Denton Jr., a Vietnam War veteran who was awarded the Navy Cross for his heroism as a prisoner of war. Following his Navy career, he was elected to the U.S. Senate representing his home state of Alabama in 1980.Shipbuilders transferred DDG 129 from land to the company’s dry dock using translation railcars to support the ship during the move.

General Dynamics Electric Boat has been awarded a $1 billion undefinitized contract modification allowing Electric Boat to purchase long lead time materials for Virginia Class Block VI submarines as detailed in a U.S. Department of Defense contract announcement.Virginia-class submarines are designed from the keel up for the full range of 21st-century mission requirements, including anti-submarine and surface ship warfare and special operations support.General Dynamics Electric…

According to the Congreassional Record, Brent Sadler, of Virginia, was nominated to be Administrator of the Maritime Administration.The following is his biography as presented on The Heritage Foundation site:Sadler is a Senior Research Fellow, Naval Warfare and Advanced Technology, Allison Center for National Security. Sadler joined Heritage Foundation after a 26 year Navy career with numerous operational tours on nuclear powered submarines, personal staffs of senior Defense Department leaders, and as a military diplomat in Asia.

The United States reached deals on Tuesday with Ukraine and Russia on a truce in the Black Sea and a pause in attacks on energy facilities, with Washington also pledging to push for the lifting of some financial sanctions against Moscow.The separate agreements are the first formal commitments by the warring sides since the inauguration of Donald Trump, who is pushing for an end to the war and a rapid rapprochement with Moscow that has alarmed Kyiv and European countries.The U.S.

Delfin LNG and German company Securing Energy For Europe (SEFE) have signed a 15-year agreement for 1.5 million tons of U.S. LNG per annum, the companies said on Tuesday.Under the agreement, liquefied natural gas would be exported from floating LNG (FLNG) vessels that Delfin wants to deploy off Cameron Parish, Louisiana, Delfin said in a press release.The free-on-board deliveries will commence immediately following the construction and commissioning of the FLNGs, Delfin said.It did not provide a timeline.

Russia said on Tuesday the U.S. had agreed to help it lift restrictions on food, fertilizer and shipping companies in exchange for agreeing to a maritime security deal in the Black Sea.The United States further said it had also agreed with Russia and Ukraine to implement a ban on military strikes on each other's energy installations.If implemented, the deals would represent the clearest progress yet towards a wider ceasefire that Washington sees as a stepping stone towards peace…

ABS and Pacific International Lines (PIL) signed a Memorandum of Understanding (MOU) at Singapore Maritime Week that establishes a framework to collaborate on projects related to maritime technology, sustainability and safety management systems.“To make meaningful progress in this era of rapid change, we need strategic industry collaborations like this one with PIL. We look forward to capitalizing on our unique strengths and capabilities in maritime compliance and cutting-edge technologies to advance safety, emissions reduction and operational efficiency,” said Christopher J.

U.S. allies Japan and South Korea would struggle to quickly ramp up shipbuilding to meet U.S. demand for alternatives under President Donald Trump's plan to impose port fees on China-linked ships, a top Japanese shipping executive said on Monday.The Trump administration is drafting an executive order in a bid to revive domestic shipbuilding and weaken China's grip on the industry.Japanese shipbuilding is running near full capacity, with little scope for expansion until 2028, while shipbuilders in South Korea…

The Baltic Exchange’s main sea freight index rose to its highest level in a week on Monday, supported by gains across all vessel segments amid strengthening demand and firmer commodity markets.The overall Baltic Dry Index (BDI), which tracks rates for ships carrying dry bulk commodities such as coal, iron ore, and grains, climbed 9 points, or 0.6%, to 1,652. This marks the index's highest level since March 17.Leading the upward momentum was the capesize segment, with its index rising 14 points, or 0.5%, to 2,690.

A Trump administration proposal aimed at reviving the U.S. shipbuilding industry may backfire by imposing steep fees on China-linked vessels—penalties that industry leaders say would hurt American ship operators and ports rather than help them, industry executives said at U.S. Trade Representative hearings on Monday.At issue are proposed, stacking fees on China-built vessels that could top $3 million per U.S. port call. The Trump administration says the fees would curb China's growing commercial and military dominance on the high seas and promote domestically built vessels. U.S.

Iraq's oil minister Hayan Abdel-Ghani has said that Iranian oil tankers seized by U.S. forces in the Gulf were using forged Iraqi documents.The administration of U.S. President Donald Trump has restored "maximum pressure" on Iran, reviving a policy that seeks to isolate the country from the global economy and eliminate its oil export revenue in order to slow Tehran's development of a nuclear weapon.Abdel-Ghani was asked if he had received messages from the United States over the…

Cargo movements into and out of the United States could be re-shaped by proposals to levy fees on port calls by Chinese built or operated vessels, as well as potential sanctions based on whether the operator controls ships built in China or has tonnage on order there.In its Q1 2025 Dry Bulk Market Report, Maritime Strategies International (MSI) noted that as currently envisaged, the rules provide little clarity but could have a significant potential impact on North American dry bulk trades.

HII's Ingalls Shipbuilding division celebrated its newest class of apprentice graduates during a ceremony at the shipyard March 22, 2025. The event recognized the hard work and dedication of the graduates who have completed the three-to four-year program combining classroom instruction with hands-on shipbuilding experience.The Ingalls Shipbuilding apprentice program is a competitive workforce development initiative designed to prepare future shipbuilders through specialized training in one of 15 registered Department of Labor apprentice programs.

A U.S. delegation will seek progress toward a Black Sea ceasefire and a broader cessation of violence in the war in Ukraine when it meets for talks with Russian officials on Monday, after discussions with diplomats from Ukraine on Sunday.The so-called technical talks come as U.S. President Donald Trump intensifies his drive for a halt to Russia's three-year-old assault against Ukraine. Last week, he spoke with both Ukrainian President Volodymyr Zelenskiy and Russian President Vladimir Putin.A source briefed on the planning for the talks said the U.S.

U.S. and Russian officials held talks in Saudi Arabia on Monday aimed at sealing a Black Sea maritime ceasefire deal before a wider ceasefire agreement in Ukraine as Moscow and Kyiv used drones to pound each other.The talks, which followed U.S. negotiations with Ukraine in Saudi Arabia on Sunday, came after Russia launched its third consecutive overnight air attack on Kyiv, wounding one person and damaging houses in the region around the Ukrainian capital.Russia, for its part…

This week’s news was abuzz surrounding the two OFAC sanctioned VLCCs that recently arrived OPL Chattogram and are now stuck after undoubtedly risky transactions that have resulted in several failed onward resales, reports cash buyer GMS.Both vessels have yet to receive their respective No Objection Certificates (NOCs) to permit their entry into port limits for recycling. As the Artemis III and Itagua remain stranded, as the Bangladesh Ship Breakers and Recyclers Association (BSBRA)…