U.S. Secretary of Energy Chris Wright delivered a keynote address at CERAWeek 2025, emphasizing the administration’s commitment to expanding American energy production while ensuring affordability, reliability, and security.Wright criticized…
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Container Volume Spikes Higher in Advance of Tariffs
U.S. container import volumes increased 4.7% year-on-year in February, but could cool in coming months as the U.S. trade war with China and other key trading partners takes hold, supply chain technology provider Descartes said on Monday.U.S.
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Singapore Sets New Standard for Methanol Bunkering
Singapore, the world’s largest bunker hub for ships, has launched a new standard for methanol bunkering, the Maritime and Port Authority of Singapore (MPA) said on Monday.The move is aimed at helping to facilitate methanol bunkering at scale as the shi...
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USCG Safety Alert: Recalled Defective Heat Detectors
The Coast Guard recently investigated an engine room fire on board an inspected towing vessel which led to the discovery of issues with the maintenance and installation of fire detection systems on board multiple towing vessels. During the investigati...
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Update: Casualties Brought Ashore After Cargo Ship, Oil Tanker Collide Off UK
Stena Immaculate and the Portuguese-flagged container ship Solong Tanker, cargo ship collide off UK coast causing blaze and casualtiesA chemical tanker and container ship collided off the northeastern coast of England on Monday causing a huge…
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Keppel Buys Global Marine Group
J.F. Lehman & Company (JFLCO), a middle-market private equity, has through its investment affiliates sold Global Marine Group (GMG) to Keppel Infrastructure Fund (KIF).With a legacy dating to 1850, GMG is one of the leading providers of subsea telecom ...
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AET, Fleetzero Team Up for ‘World’s Longest-Range’ Hybrid-Electric Vessel
AET, a member of the MISC Group and owner and operator of maritime transportation assets, has signed an agreement with Fleetzero, a supplier of modular marine batteries for hybrid and electric ships, for the development of the world’s longest-range plu...
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Canada Awards Icebreaker Contract to Davie
Canadian shipbuilder Davie has been awarded a contract by the Government of Canada for the construction of a polar icebreaker.Work will begin this year on the agreement valued at $3.25 billion. Davie will deliver its production-ready heavy icebreaker…
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Tariffs Keep Energy Industry on Edge
Over the last six weeks, U.S. President Trump has imposed and postponed tariffs on Canada and Mexico several times. The current situation seems to reflect something of a compromise, says Poten & Partners in an opinion released on March 7.Tariffs are in...
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Allman Named CEO at Fincantieri Marinette Marine
Fincantieri Marinette Marine’s Board of Directors approved Jan Allman to assume the duties as FMM’s CEO beginning this week. Current FMM CEO Mark Vandroff is returning to Fincantieri Marine Group in a new role as the Senior Vice President of…
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