Trump Domestic Shipping Waiver Fails to Drastically Reduce Gas Prices
President Donald Trump’s waivers allowing foreign-flagged ships to move oil and fuel between U.S. ports have had little impact on high domestic gasoline prices due to elevated shipping rates and the relatively small fuel volumes transported so far, a Reuters analysis found.In March, Trump issued a waiver to the Jones Act, a century-old law that requires shippers to use vessels built, owned and crewed by Americans to transport commodities between U.S.
Kai Schulte-Schrepping Appointed as Head of Liability Global Risk at HDI Global
Effective July 1, Kai Schulte-Schrepping has been appointed as the new Head of Liability Global Risk at Corporate & Specialty Insurer HDI Global. Schulte-Schrepping succeeds Daniel Maurer, who has decided to gradually step out of his current leadership role as part of his transition towards retirement.With more than a decade at HDI Global, Kai Schulte-Schrepping brings technical underwriting expertise and strong leadership experience in the area of complex global Liability risks.
Reflecting on Sherwin-Williams Protective & Marine's History with the Department of Defense
Sherwin-Williams Protective & Marine partners with the U.S. Department of Defense (DoD) by supplying high-performance, MIL-Spec-approved coatings for a variety of platforms such as aircraft carriers, submarines, armored vehicles and aircraft. Through decades of collaboration with Naval Sea Systems Command (NAVSEA), public and private naval shipyards and contractors, Sherwin-Williams provides corrosion-resistant technologies…
Weathernews Launches SeaNavigator Mobile
Weathernews Inc. has launched SeaNavigator Mobile, a dedicated mobile application for iOS and Android designed to transform how shore-based operations teams monitor vessels, manage communications and confirm voyage plans.SeaNavigator Mobile is the first version of the SeaNavigator platform built specifically for shore users. The application provides real-time vessel position monitoring, AIS-based behavioral…
BOLL FILTER CORPORATION appoints Goltens as authorized filtration solution distributor
Goltens Worldwide's US stations in Florida and Texas have been officially appointed as an authorized distributors for BOLL FILTER CORPORATION, a globally recognized leader in advanced industrial filtration solutions technology.With an operational footprint in Houston and Miami, Goltens brings decades of experience serving leading shipowners, operators, and power producers throughout North America, the Caribbean, and Latin America.
Report Reveals Continued Labor Rights Gap for Sea Workers in Europe
On 27 May, a new report titled “Charting the Distinct Rights of Sea Workers in European Waters: A Focus on Decent Working Time,” was released by the World Maritime University (WMU) commissioned by the European Transport Workers’ Federation (ETF) and the International Transport Workers’ Federation (ITF). The study is primarily driven by the differential treatment of sea workers compared with land-based workers…
MarineSolar Conducts Pilot Trial of Photovoltaic Energy System
Clean energy company MarineSolar Energy Solutions has conducted a pilot trial of its NanoDeck photovoltaic (PV) energy system on RTM Cook, a Rio Tinto-owned vessel, as part of a non-commercial evaluation of the technology in real-world marine conditions.The trial marks a significant step in testing MarineSolar’s energy-saving PV technologies under some of the most challenging real-world marine conditions.
Rossi Expands its Planetary Range with EP Winch
With EP Winch, Rossi strengthens its offering in the Marine, Construction and Mining sectors.Rossi S.p.A., an international company headquartered in Modena and one of the world's leading groups in the production of gearboxes, gearmotors and electric motors, presents the EP Winch, the new planetary gearbox with rotating housing.The new EP Winch expands the range dedicated to planetary gearboxes, a product that has characterized Rossi's experience and production capacity for decades.
Knowles tapped by Cool Carriers as New Zealand Rep
Cool Carriers, the world's largest operator of specialized reefer vessels, announces the appointment of Mike Knowles as its Regional Representative in Tauranga, New Zealand. Knowles brings 38 years of experience at Zespri International, the world's largest kiwifruit marketer, specializing in shipping and logistics. This includes a decade based in Zespri’s Antwerp office where he served his final four years as Europe Operations Manager.
Export Curbs Should not Harm Australia's Biggest LNG-producing State
Western Australian premier Roger Cook said on Wednesday he had been "assured" by federal Resources Minister Madeleine King that a new government policy of reserving 20% of gas output for domestic use would not harm his state's large LNG industry."Maddie King is a very good friend of mine, she's my local member of parliament (and) we’ve talked at length about this and she is determined to make sure that it doesn’t have an adverse impact in terms of Western Australia’s established practice…
MISC Reports First Quarter Increase in Revenue
The MISC Group revenue of RM2,891.4 million ($729 million) was 2.7% higher than the revenue for the period ended March 31, 2025.The increase was mainly due to higher revenue from the company’s Petroleum and Product Shipping segment, primarily driven by higher freight rates and earning days, and higher revenue from Marine and Heavy Engineering segment, primarily from the ongoing projects advancing into…
MacGregor Sees Strong Year Despite Order Dip in First Quarter
Macgregor has released its first quarter 2026 interim report indicating a strong start to 2026 with continued positive momentum, despite a dip in ordering.MacGregor CEO Jonas Gustavsson said: “The first quarter of 2026 marks a solid start to our first full year as a standalone company.“Our orders received totalled EUR 252.3 million ($294 million), representing a 7% decrease compared to the first quarter of the previous year.
Grimaldi Christens Ammonia-Ready PCTC
Grimaldi has christened its latest ammonia-ready PCTC Grande Svezia at the port of Wallhamn, Sweden.With her name, the Grande Svezia pays tribute to a country that has been regularly served by Grimaldi vessels for more than 30 years. Furthermore, the port of Wallhamn, chosen for the christening ceremony, is Sweden’s only private port and is managed by the Italian shipping group. The port is part of the Grimaldi Group’s EuroMed service…
IMO Speaks Out on Resurgence of Piracy
The IMO has released a statement on the resurgence of piracy in the western Indian Ocean and Gulf of Aden region.Somali piracy remains suppressed, but not eradicated, highlights the Chair of the Djibouti Code of Conduct/ Jeddah Amendment (currently South Africa) - a regional initiative implemented by IMO to combat piracy, armed robbery against ships and other illicit maritime activities in the Western…
South Korea Aims to Launch First Nuclear Submarine by the Mid-2030s
South Korea will seek to launch its first nuclear-powered submarine by the mid-2030s, under a new program aimed at countering North Korea's submarine-launched nuclear and missile threats, officials said on Tuesday.Seoul has long sought to join an elite group of nations operating nuclear-powered submarines in a move that could reshape Asia's security landscape and escalate an underwater arms race."The nuclear-powered submarine, which will be built on the basis of a strong South Korea-U.S.
Fincantieri Delivers "Viking Mira" Cruise Ship
Fincantieri and Viking celebrated the delivery of “Viking Mira” at Fincantieri’s shipyard in Ancona.The ceremony was attended by Jeff Dash, Viking’s Executive Vice President and Head of Business Development, Giorgio Gomiero, Senior Vice President Operations of Fincantieri and Gilberto Tobaldi, Director of the Ancona Shipyard.With a gross tonnage of approximately 54,300 tons, “Viking Mira” features 499 staterooms and can accommodate up to 998 passengers.
Jumbo Orders Two New Heavy Lift Vessels
Jumbo has announced the signing of a contract with Daiia Heavy Industry for the construction of two new heavy lift transportation vessels. The vessels will form Jumbo's new L-Class fleet, designed to support a broad range of heavy lift transport operations.Jumbo has developed the energy efficient and methanol ready 25,000 DWT L-Class vessels in-house. This is Jumbo's regular practice, enabling it to incorporate lessons learned into successive generations of vessels…
Crowley Mariners Aboard Stena Immaculate Tanker Honored with Gallant Ship Award
Crowley mariners who served aboard the U.S.-flagged tanker Stena Immaculate were honored with the U.S. Maritime Administration’s (MARAD) Gallant Ship Award during the U.S. Department of Transportation’s National Maritime Day observance in Washington, D.C. The award, one of the maritime industry’s highest distinctions, recognizes the 23-member crew’s extraordinary professionalism, courage and commitment to safety.The award recognizes the crew’s actions during a March 10…
US to Reduce Military Contributions to European Allies
The U.S. intends to significantly reduce military contributions available to assist European allies in a crisis, including fighter jets, warships and mid-air refuelling aircraft, German news outlet Spiegel reported on Tuesday.The NATO alliance is under unprecedented strain, with some European countries concerned that Washington may withdraw outright.U.S. President Donald Trump has slammed European…
Tanker Off Oman Coast Reports External Explosion, Crew Safe
United Kingdom Maritime Trade Operations said on Tuesday that a tanker had reported an external explosion on the vessel's port side, close to the waterline, 60 nautical miles off Oman's capital Muscat.UKMTO said the vessel, identified as the Olympic Life, and its crew were safe, although the tanker reported some bunker fuel had been discharged into the sea.
