Delfin LNG, SEFE ink 15-year LNG Supply Deal

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.
All 23 Crew from Stena Immaculate Safe with No Reported Injuries, Crowley Says

Crowley, the manager of oil tanker Stena Immaculate that was struck on its port side by the container ship Solong, causing a blaze, has reported that all 23 members of the shipâs crew are safe and without reported injuries, as it launches spill containment response efforts.On March 10, 2025, while stationary and anchored off the North Sea coast near Hull in the United Kingdom, the Crowley-managed tanker Stena Immaculate was struck on its port side by the container ship Solong.CrowleyâŠ
Remembering the service, sacrifice of the Merchant Marine

It was my pleasure on Nov. 10 to participate in the dedication of the U.S. Merchant Marine emblem alongside the emblems of the Armed Services of the United States at Veterans Memorial Plaza in Anacortes.I canât think of a more auspicious time to have made this dedication than on Veteranâs Day weekend.We are a maritime nation.For those of you who donât know, the U.S. Maritime Administration â MARAD for short -- is an agency within the U.S. Department of Transportation. Our mission is promoting waterborne transportation.
A tribute to our nationâs Fourth Arm of Defense

On Nov. 10, the day before Veterans Day, I had the honor of participating in a celebration of another group of veterans whose contributions as the nationâs Fourth Arm of Defense is not widely known: The Merchant Marine.The U.S. Merchant Marine emblem was added to Veterans Memorial Plaza in Anacortes in a brief ceremony attended by Xochitl Castaneda, Pacific Northwest and Alaska Gateway director of the U.S. Maritime Administration.The contribution of the Merchant Marine to our nationâs defense is a story that is not told enough.
ABS CEO Wiernicki Emphasizes Sustainable Shipping

Donât Overlook Shippingâs Critical Role in U.S. Sustainable Transport Future, ABS Chairman and CEO Urges Washington.âMany of our sustainable transportation programs and initiatives tend to become mode-centric, but it is critically important to optimize the overall sustainable freight transportation across modes from origin to destination, which requires a system of systems focus.âThat was the message to U.S. transportation industry and Government leaders from ABS Chairman and CEO Christopher J.
Port of Oakland wins $50 million Marad grant
Federal funds to upgrade aging docks to accommodate ultra-large vessels and expand economic benefits to region.The Port of Oakland was awarded approximately $50 million from the U.S. Department of Transportation Maritime Administration (MARAD) to modernize wharves and terminal infrastructure at the Outer Harbor. The Portâs Outer Harbor will be upgraded to accommodate Ultra Large Container Vessels, which are now a regular part of the shipping fleet calling on West Coast ports. These ships have a handling capacity of up to 24,000 TEUs (20-foot containers) but are restricted at portions of Oaklandâs Outer Harbor by aging wharves which were originally designed for smaller ships.Newer, larger vessels are more efficient, cost effective and environmentally cleaner to operate than older ships.
ABS Reports Fleet Growth, Superior Safety Record

"Safety is more than just compliance. It is now synonymous with security, reliability, collective relationships and people. Safety is also becoming systems based rather than rooted in prescriptive rules or specific component procedures. Only by embracing a proactive, systems-oriented approach to safety, can the maritime industry navigate the path to a decarbonized future while ensuring the well-being of its seafarers and the protection of the marine environment.â That was the message from Christopher J.
Crowley Breaks Ground on Salem Offshore Wind Terminal

A ceremonial groundbreaking ceremony was held to signal the start of construction at the Salem Offshore Wind Terminal in Massachusetts.The Crowley Wind Services-led project involves transforming a former oil- and coal-fired power plant into Massachusettsâ second wind port, to support the construction of offshore wind farms in New England and future floating turbines in the Gulf of Maine.Crowley also announced it has awarded Massachusetts-based joint venture DW White JF White to be the projectâs general contractor.
Offshore Wind: Inside the Financial Web

Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the âutility financeâ basket, they are ultimately high-risk deals that might better suit the portfolios of âinfrastructure investmentâ which, in recent years, has taken a shift towards tolerating more uncertainty when it comes to cash flows.A 2022 article from consultants McKinsey, titled âInfrastructure investing will never be the sameââŠ
Crowley Christens the US' First Electric Tug eWolf

Crowley on Tuesday christened its new vessel, eWolf, the first all-electric ship assist tugboat in the United States.Set to enter commercial service at the Port of San Diego this week, the 82-foot tug was built by Coden, Ala. shipbuilder Master Boat Builders and designed by Crowleyâs engineering services team to operate on full electric power, producing zero carbon emissions and 70-ton bollard pull strength.âThe eWolf is a historic milestone in the maritime industry and Crowleyâs legacy and underscores our companyâs commitment to serve as global sustainability leaders and innovatorsâŠ
Hanwha to Acquire Philly Shipyard

South Korea's Hanwha Group has agreed to acquire U.S. shipbuilder Philly Shipyard in a $100 million cash deal, the companies announced on Thursday.Under the deal, which is expected to close in Q4 2024, Hanwha Systems and Hanwha Ocean will purchase purchase of Philly Shipyard, Inc., the sole operating subsidy of Aker-owned Philly Shipyard ASA, based in Oslo.Kristian RĂžkke, Chairman of Philly Shipyard ASA, said, âAfter two decades of stewardship, it is with great honor that we transition the ownership from Aker to Hanwha.
Help Wanted: US Maritime Industry Struggles to Fill Key Gaps

A shortage of U.S. mariners presents a major threat to the United Statesâ national and economic security, and the problem is growing day by day.According to a 2017 study prepared by the Maritime Workforce Working Group and released by the U.S. Maritime Administration (MARAD), the estimated pool of U.S. mariners actively sailing with unlimited tonnage credentials was comprised of 11,768 mariners. Assuming that all these mariners would be both willing and available to sail as neededâŠ
U.S. National Maritime Strategy in the Spotlight @ MRS '24

The Maritime Risk Symposium will convene in Monteray, CA next month, a small conference with a high-profile speaker line-up from across government, industry and academia. Here we look at Panel 3 â Maritime Policy vis a vis a new National Maritime Strategy, facilitated byCAPT Jon Kaskin, US Navy Reserve (retired)This panel will inform participants and generate discussion regarding the forthcoming National Maritime Strategy (NMS). Congress originally mandated that the NMS be developedâŠ
US Coast Guard Orders Two More Fast Response Cutters

The U.S. Coast Guard (USCG) has opted to extend its Sentinel-Class Fast Response Cutters (FRC) build program, exercising a contract option with Bollinger Shipyards for two additional vessels.The move brings the total number of FRCs awarded to Bollinger up to 67 vessels since the programâs inception. To date, the U.S. Coast Guard has commissioned 55 FRCs into operational service.âWeâre incredibly proud of our long history supporting the U.S. Coast Guard that now stretches four decades,â said Bollinger Shipyards President and CEO Ben Bordelon.
Marine News' 2024 US Shipbuilding Report

If nothing else, building vessels in the U.S. is a complicated business.In a session on the domestic shipbuilding marketplace, at Marine Moneyâs late-November 2023 conference held in New Orleans, Ben Bordelon, president and CEO of Bollinger Shipyards (with more than a dozen facilities, in Mississippi and Louisiana), described his companyâs architecture as a âthree-legged stool approach: commercial newbuilds, government newbuilds and repair/conversion capabilitiesâ.On the same panelâŠ
On Board the eWolf: The First Electric Tugboat in the US

Crowley Maritime Corporation has owned and operated a lot of vessels since its founding in 1892. But the latest vessel to join its fleet is unlike any other that has come before it.Crowleyâs new harbor tug, eWolf, is unique in that it runs 100% powered by batteries, not diesel engines, meaning it produces zero emissions and nearly no noise. Not only is the vessel the first fully electric tug in the Crowley fleet, but it is also the first of its kind in the United States.Faced with stricter regulations and commercial pressure to prioritize environmentalâŠ
Houthis Keep Up Pressure with Near Miss on US-flagged Tanker

Yemen's Houthis fired a missile that likely targeted the Torm Thor in the Gulf of Aden on Feb. 24 but missed the U.S.-flagged oil tanker, the U.S. Central Command (CENTCOM) said on Monday, as the Iran-aligned militia steps up attacks on ships.Shipping risks have escalated due to repeated Houthi drone and missile strikes in the Red Sea and Bab al-Mandab Strait since November in support of Palestinians in Gaza. U.S. and British forces have responded with several strikes on HouthiâŠ
Biden Executive Order Targets Cybersecurity at US Ports

President Biden on Wednesday signed an Executive Order aiming to strengthen cybersecurity at U.S. ports amid growing threats to America's vital maritime supply chains.The directive bolsters the Department of Homeland Securityâs authority to address maritime cyber threats, including through the creation of new standards to ensure the security of networks and systems throughout the nationâs marine transportation system (MTS), which supports $5.4 trillion in economic activity each year."Most critical infrastructure owners and operators have a list of safety regulations they have to comply withâŠ
Edison Chouest Withdraws Title XI Application

An affiliate of Edison Chouest Offshore has withdrawn its application for financing under the U.S. Maritime Administration's (MARAD) Title XI program.Title XI is a government loan program with the Federal Financing Bank as the lender. It is intended to promote the growth and modernization of the United States' merchant fleet and shipyards by offering repayment terms and interest rates that are generally better than those available from the commercial lending market.ECO EdisonâŠ
Crowley's All-electric Harbor Tug eWolf Delivered

Crowley on Wednesday announced it has taken delivery of its groundbreaking vessel eWolf, the first all-electric, ship assist harbor tugboat in the United States.The 82-foot tug, designed by Crowleyâs engineering services team and built by Coden, Ala. shipbuilder Master Boat Builders, will enter service at the Port of San Diego this spring following final demonstration trials and completion of Crowleyâs microgrid shoreside charging station. The vessel will operate with zero emissions while providing the complete performance capabilities of a traditional tugâŠ
Crowley's All-electric Tug eWolf Starts Sea Trials

The first all-electric tugboat built in the United States, Crowley's eWolf, has started sea trials along the U.S. Gulf Coast.The 82-foot ship assist tug, built by Coden, Ala. shipbuilder Master Boat Builders, is expected to enter service at the Port of San Diego in 2024. Video footage of the vessel on sea trials was shared by Crowley on social media.The eWolf is designed to operate on full electric power, producing zero carbon emissions and expected 70 ton bollard pull strength.
What Do MARAD Title XI Changes Mean for Offshore Wind?

The U.S. Maritime Administration (MARAD) has recently announced an amendment to the Federal Ship Financing Program, commonly referred to as Title XI. The amendments have aligned the programâs financial requirements and tests with common current federal credit and maritime lending best practices. In particular, the amendments aim to move away from inflexible static metrics and Title XIâs limited amortization requirements. The amendments respond to concerns that previous terms acted as a barrier to some companies seeking to apply for Title XI support.
Crowley to Pilot Carbon Ridge's Onboard Carbon Capture Technology

Crowley announced it will pilot carbon capture technology on board one of its containerships under the U.S. Maritime Administration (MARAD) Maritime Environmental and Technical Assistance (META) program.The Jacksonville, Fla. based shipping company said it has reached an agreement with Sana Monica, Calif. based Carbon Ridge and MARAD to operate, measure and optimize the technologyâs effectiveness in actual maritime environments at port and ultimately at sea. The collaboration includes the engineeringâŠ