Maritime Industry Top News
Trump Picks Duffy to be DOT Chief
U.S. President-elect Donald Trump said on Monday that he is nominating former Wisconsin Representative and Fox Business News host Sean Duffy to be transportation secretary.If confirmed…
Coxon Named CEO at American Commercial Barge Line
American Commercial Barge Line (ACBL) named Peter Coxon as Chief Executive Officer, effective immediately. Coxon brings more than 40 years of maritime industry experience to ACBL as both an operator and customer. Most recently, he served as CEO of Rand Logistics, leading a successful turnaround, driving improved performance and synergies following Rand’s acquisition of American Steamship Company.Coxon joined the ACBL Board of Directors earlier this year…
Shipping, Energy Tax Could Help Foot $1T to Combat Climate Change - COP29
The COP29 climate talks in Azerbaijan aim to agree an annual finance target of $1 trillion or more a year to help poorer countries respond to global warming. Some see new taxes as one way to get there. The Global Solidarity Levies Task Force (GSLT), led by France, Barbados and Kenya, is exploring the issue. Below are excerpts from its latest report on the options being discussed -- as it pertains to…
Germany Preps for More FSRU Vessels
Germany is expanding its natural gas import options to replace Russian supply. Following are updates on key facilities and terminals being developed to host floating storage regasification units (FSRUs) to receive seaborne liquefied natural gas (LNG). Plans also include shore-based regasification terminals and facilities to import and produce ammonia and hydrogen.STADEState-owned Deutsche Energy Terminal…
South Korea, U.S. Alliance will Thrive Under Trump, says Foreign Minister
As world-reaction to Donald Trumps presidential win continues to come in, South Korean Foreign Minister Cho Tae-yul said he is "strongly confident" the South Korea-U.S. alliance will continue to thrive under the incoming U.S. administration of President-elect Donald Trump.While there are many tendrils to the economic and defense alliance, in particular in recent years, South Korea's world-class shipbuilders have drawn increasingly close to their U.S. counterparts, as the U.S.
Shipbuilder Wins Deal for 13 Hybrid Ferries
Garden Reach Shipbuilders & Engineers Ltd. won a deal with the government of West Bengal to build 13 hybrid ferries for a total cost of 2.26 Billion rupees, or about $27 million.
NASSCO "Failed to follow Federal Wage Regs" for 36 Mexican Engineers
The U.S. Department of Labor recovered more than $1.4 million for 36 Mexican engineers employed in San Diego by a subsidiary of General Dynamics Corp., one of the world’s largest defense contractors, that paid them in Mexican pesos below the federal minimum wage rate in violation of the Fair Labor Standards Act.The department’s Wage and Hour Division found National Steel and Shipbuilding Co. one of…
HII Celebrates National Apprenticeship Week
HII, America’s largest military shipbuilder and provider of all-domain defense solutions, is celebrating National Apprenticeship Week from Nov. 17-23, honoring the essential role of apprenticeships in workforce development and skills training.National Apprenticeship Week is a nationwide celebration established by the U.S. Department of Labor to showcase and promote high-quality and in-demand career pathway opportunities through registered apprenticeship programs.
Albany Port CEO Elected Vice Chair at National Ports Association
Port of Albany-Rensselaer CEO Richard J. Hendrick was unanimously elected Vice Chair of the Board of Directors of the American Association of Port Authorities (AAPA) at its Annual Convention in Boston. AAPA is the trade association for 140 seaports in the western hemisphere.“It’s no surprise that Rich’s Port Executive colleagues elevated him to the Vice Chair position on AAPA’s Board” said Cary S. Davis, AAPA President and CEO.
BRIX Marine Launches 11.8M Yacht Tender
BRIX Marine has announced the launch of its latest megayacht tender, the 11.8-meter T/T Kismet.This custom Naiad RHIB was designed for the tender garage on the 122-meter Kismet, recently launched by Lürssen. The 11.8-meter joins multiple other tenders in Kismet’s arsenal, and she stands out as a high-performance vessel that delivers a luxury experience from stem to stern. Powered by twin Yanmar 440HP diesel engines paired with Hamilton Jet HJX 27 waterjets…
Port of Oakland Leads in Ag Reefer Exports
Port ranks number one for refrigerated exports, supports $8.5 billion in ag exports.The Port of Oakland continues to be one of the most important gateways for U.S. agricultural products. The Port exported 235,899 TEUs (twenty-foot containers) of agricultural commodities as of October 2024, totaling nearly $8.5 billion. Oakland ranks number one by TEU volume in international refrigerated (reefer) export…
Germany Reaffirms Suspicions of Baltic Subsea Cable Damage Being Sabotage
The damaging of two undersea telecoms cables in the Baltic Sea should be presumed to be sabotage, Germany said on Tuesday, while Lithuania's armed forces boosted surveillance of its waters in response."No one believes that these cables were cut accidentally. I also don't want to believe in versions that these were ship anchors that accidentally caused the damage," German Defence Minister Boris Pistorius…
OMSA’s Smith: Defending US-Flag Vessels is about Economic, National Security
Anyone who knows Aaron Smith, president and CEO of OMSA, knows that he is passionately focused on the U.S. maritime industry and staunchly defending the U.S. Jones Act fleet and mariners. We caught with Smith on the sidelines of the Workboat Show in New Orleans last week. Highlights of the conversation are below – including an update on the American Offshore Worker Fairness Act – the full interview can be seen on Maritime Reporter TV.Let’s talk a bit about the offshore energy industry today.
VPS and DNV’s Veracity Integrate Vessels MRV Reporting Services
Maritime digital decarbonization services provider VPS has entered a partnership agreement with Veracity, DNV’s independent data platform, to streamline monitoring, reporting, and verification (MRV) services for offshore vessels.The partnership will enable a transfer of validated and checked operational MRV data from VPS’ Maress system, to the Veracity data platform, where it is connected to the DNV's real-time data verification services.By streamlining data collection…
SSI Expands to meet EMEA Demand
SSI, a leader in software, services, and expertise for the business of shipbuilding, announced the establishment of a dedicated subsidiary to service a growing client base in the EMEA region. Based in Rotterdam, The Netherlands, SSI EMEA will build on SSI’s 30-year presence in European shipbuilding markets and expand coverage for SSI’s ShipConstructor and ShipbuildingPLM solutions.The new entity will continue to be supported by long-standing partners NDAR…
Karneus to Retire, McCall to take Sales Helm at Shaver
Shaver Transportation (Portland, Oregon) reports that Peter Karneus, Vice President of Sales for the ship assist division, is retiring effective January 2025, succeeded by Bo McCall.Karneus is retiring after twenty-seven years during which he has been instrumental in ship assist sales, including building a new sales team, growing customer relationships, and navigating the changes in the tug and barge industry in the Pacific Northwest.
AAL Shipping’s New Heavy Lift Vessel Ready for Maiden Voyage
AAL Shipping (AAL) has held a formal naming ceremony for the AAL Antwerp, the fourth vessel in its eight-strong, third-generation Super B-Class fleet.With the new vessel, AAL has reached the halfway mark in its latest fleet expansion program, aimed at meeting demand demands of the multipurpose (MPP) project heavy lift shipping sector.The 32,000 dwt AAL Antwerp – a methanol-ready, multipurpose heavy…
MOL and KEPCO Launch Joint Study for Liquefied Hydrogen Carrier
Mitsui O.S.K. Lines (MOL) and the Kansai Electric Power Company (KEPCO) have signed a memorandum of understanding (MoU) for the joint study of a liquefied hydrogen carrier.This is the first such agreement in Japan between a shipping company and a power generation regarding marine transport of liquefied hydrogen, which is a key element in the establishment of a hydrogen fuel supply chain.Under the MoU…
Iran Deems European and British Sanctions on Its Shipping Lines Unjustified
New EU and British sanctions are based on false claims of missile transfers to Russia and are "unjustified", Iran Foreign Ministry spokesperson Esmaeil Baghaei said on Tuesday.Brussels on Monday added the Islamic Republic of Iran Shipping Lines (IRISL) and its director to its list of sanctions on Iran, which it said were a consequence of Tehran's support of Russia in its war with Ukraine.On the same day, Britain imposed sanctions against Iran's national airline and shipping carrier, measures it
ONE and Seaspan Form Ship Management JV
Ocean Network Express (ONE) and Seaspan Corporation have established OneSea Solutions, a company focused on technical ship management and maritime talent development.ONESEA is jointly owned and operated by the companies and headquartered in Singapore. ONESEA will offer technical ship management services for container vessels owned by ONE and vessels chartered by ONE from vessel owners. It will pursue the best of safety…
