Stay informed with real-time maritime industry updates
gCaptain
The Trump administration is set to extend its Jones Act waiver for an additional 90 days, as reported by gCaptain. This decision comes amidst criticisms from the maritime industry, which claims that the anticipated fuel relief has not materialized.
gCaptain
Tensions between the US and Iran have intensified over the Strait of Hormuz, with both nations maintaining blockades, as reported by gCaptain. The standoff continues with no peace talks in sight.
gCaptain
The world's largest shipping association, BIMCO, has issued fresh warnings about the reopening of the Strait of Hormuz, emphasizing the necessity of mine clearance, as reported by gCaptain. This comes amid new directives from President Donald Trump to increase mine-sweeping operations in the area.
gCaptain
Lawmakers, labor leaders, and shipbuilding executives are intensifying efforts to advance the SHIPS for America Act through Congress, as reported by gCaptain. The bill aims to bolster the U.S. maritime industry, with stakeholders emphasizing its importance for national security and economic growth.
Seatrade Maritime
Asyad Shipping Company is set to acquire a pair of second-hand Kamsarmax bulkers later this year for approximately $72.7 million, as reported by Seatrade Maritime. The acquisition marks a significant expansion in Asyad's fleet.
gCaptain
The Golden Pass LNG terminal has officially entered global trade with the departure of its first export cargo, as reported by gCaptain. This marks a significant milestone for one of the largest new liquefied natural gas projects in the United States.
gCaptain
The U.S. military conducted a maritime interdiction and 'right-of-visit' boarding of the stateless tanker Majestic X in the Indian Ocean, as reported by gCaptain. This action highlights the U.S. enforcement efforts against Iranian oil shipments.
gCaptain
ABS, Marinteknik, SeaTech, and VINSSEN have initiated a hydrogen fuel cell harbor craft pilot study in Singapore, aiming to reduce emissions in the bustling port, as reported by gCaptain. This collaboration marks a significant step towards sustainable maritime operations.
Offshore Energy
Offshore Energy reports that QatarEnergy and ExxonMobil have successfully exported the first LNG cargo from their $10 billion project in the United States, just 24 days after initial production began. This marks a significant milestone for the venture, which plans to expand with two additional production lines.
Seatrade Maritime
Dalian Shipbuilding Industry Corp has secured a significant order worth $1.31 billion for the construction of 12 new container ships, as reported by Seatrade Maritime. This order marks a substantial boost for the shipyard's portfolio.
