The U.S. Coast Guard decommissioned Coast Guard Cutter Naushon (WPB 1311) during a ceremony in Homer on March 21.Rear Adm. Megan Dean, the commander of Coast Guard District 17, presided over the ceremony honoring the nearly 40 years of service…
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Lack of Oversight Impacts U.S. Fishing Industry
U.S. President Donald Trump’s regulatory freeze has injected chaos and uncertainty into a number of lucrative American fisheries, raising the risk of a delayed start to the fishing season for some East Coast cod and haddock fleets and leading to overfi...
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Sanctioned Russian Tankers Will Offload Oil in Syria
Two tankers hit by U.S. sanctions are due to offload Russian Arctic Oil in Syria for the first time, days after Moscow made its first known delivery of diesel there in more than a decade, according to LSEG data, a government source and local TV.One of ...
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Baltic Exchange Index Snaps Four-Day Losing Streak
The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, snapped a four-session losing streak on Friday, buoyed by an uptick in rates across all vessel segments.* The main index, which factors in r...
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U.S. Shipbuilding to Reduce Foreign Dependence Receives Bipartisan Support
U.S. President Donald Trump's push to rebuild U.S. shipbuilding is finding rare bipartisan support from Americans, with 72% saying the U.S. cannot remain dependent on China and other foreign producers to build ships, a poll released Friday showed.The s...
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China’s Iranian Oil Imports Will Slow Under US Sanctions
Iranian oil shipments into China are set to fall in the near-term after new U.S. sanctions on a refiner and tankers, driving up shipping costs, but traders said they expect buyers to find workarounds to keep at least some volumes flowing.Washington…
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Germany Seizes Russian ‘Shadow Fleet’ Oil Tanker
Germany seized a decrepit tanker found adrift off its northern coast in January that is believed to be part of a shadow fleet used by Russia to circumvent oil sanctions, Spiegel news magazine reported on Friday, citing security sources.The Panama-flagg...
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Dutra Group Orders New Hopper Dredge from Eastern Shipbuilding Group
The Dutra Group, a California-based heavy civil marine contractor, has issued a notice to proceed to Eastern Shipbuilding Group (ESG) for the construction of a 10,464 cubic yard trailing suction hopper dredge, named Adele.The ship will be constructed a...
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GTT’s Ascenz Marorka Adds Americas to Fleet Performance Monitoring Tool
Ascenz Marorka, GTT’s smart shipping arm, has expanded its real-time fleet performance monitoring service to cover the Americas.Following deployments in France and Singapore, the extension to Vancouver strengthens Ascenz Marorka’s global reach.With ope...
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Mitsubishi Shipbuilding Books Order for Three Methanol-Fueled RoRos
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has received additional orders for three methanol-fueled roll-on/roll-off (RoRo) cargo ships from Toyofuji Shipping, Miyazaki Sangyo Kaiun, and Nichitoku Kisen.The three…
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