Hanwha Group has received clearance from the Committee on Foreign Investment in the United States (CFIUS) to increase its shareholding in Australian shipbuilder Austal Limited… Weiterlesen »South Korea’s Hanwha Cleared to Boost Control of U.S. Navy Shipbuilder Austal

The U.S. House of Representatives today passed a package of nine transportation-related bills, including several aimed at enhancing maritime supply chain security, reinforcing the U.S.… Weiterlesen »Congress Passes Maritime Security and Cargo Preference Bills to Bolster U.S. Ports and Fleet

Atlantic Shores Offshore Wind has terminated its New Jersey offshore wind project that would have powered more than 700,000 homes—marking another significant setback for the… Weiterlesen »Atlantic Shores Cancels Major New Jersey Offshore Wind Project Amid Federal Headwinds

The car carrier Morning Midas continues to burn off Alaska’s coast as the first of three salvage tugs is expected to arrive on scene today.… Weiterlesen »Fire Continues to Burn on Car Carrier Morning Midas as First Salvage Tug Expected to Arrive

Four people remain missing after a major fire on a Singapore-flagged containership off the southwest coast of India. Multiple explosions and fires erupted aboard the… Weiterlesen »4 Remain Missing After Explosions Rock Singapore-Flagged Containership Off India

Import cargo volumes at major U.S. container ports are expected to surge through the summer months as retailers rush to take advantage of temporarily reduced… Weiterlesen »U.S. Import Surge Expected as Retailers Rush to Beat Tariff Deadline

Israeli naval forces boarded and seized a charity vessel carrying Swedish activist Greta Thunberg, which had tried to break the naval blockade of the Gaza Strip on Monday.

Imagine you’ve just thrown your sea bag in the rack and started a three-month hitch aboard a tanker running from Beaumont to Singapore. You’re working… Weiterlesen »Tax-Smart Investing for Maritime Professionals: Why Mariners Need a Different Financial Playbook

The Japanese oil refiner Taiyo Oil Co. is taking delivery of a cargo of Russian crude on a tanker that’s blacklisted by both the US… Weiterlesen »Japan’s Taiyo Oil Imports Russian Crude on US-Sanctioned Tanker

Multiple explosions and fires erupted on a cargo ship bound for India’s financial capital Mumbai on Monday, causing 40 containers to fall into the Arabian… Weiterlesen »Explosions, Fires on Cargo Ship Off India’s Kerala Coast