ARC Group Receives FEMA Award for Disaster-Relief Supply Deliveries
American Roll-On/Roll-Off Carrier Group Inc. (ARC Group) announced that it has been awarded an indefinite delivery/indefinite quantity contract by the Federal Emergency Management Agency (FEMA) to provide national “cross-dock” and incident base support during emergencies and disaster response operations. Under the contract (No. 70FB7026D00000002), ARC will provide logistics capabilities that help FEMA position and rapidly deliver critical, life-sustaining resources where they are needed following a disaster.
Oil Prices Set for Second Weekly Gain as US Threatens Iranian Sanctions
Oil prices were steady on Friday and were on track for a second straight weekly gain after the United States threatened to impose the toughest sanctions in history with no end in sight for disruptions to Middle East oil flows.Brent crude futures rose 20 cents, or 0.21%, to $93.98 a barrel by 1307 GMT. U.S. West Texas Intermediate crude was up 7 cents, or 0.08%, at $86.90.The Brent benchmark has gained more than 6.1% while WTI has risen 5.3% this week, with both touching their highest since July 24 in the previous session."The U.S.
Iran-Linked Oil Tanker Attacked by Somalian Pirates
An oil tanker under U.S. sanctions for allegedly transporting Iranian petroleum products has become the latest victim of resurgent Somali piracy when it was boarded off the coast of Yemen and diverted toward Somalia.The Eritrea-flagged Sibu 1 was seized on Thursday by six armed individuals, according to the United Kingdom Maritime Trade Operations (UKMTO). The tanker was sanctioned last December by the U.S. Treasury for allegedly being part of a shadow fleet that helps Iranian petroleum products evade U.S.
Decrepit Port Infrastructure has Vessels Stacked Off Venezuela
Venezuela's dilapidated oil port terminals are imposing a de facto export cap on the country's resurgent crude production, with tankers having to wait up to 30 days to load because of ageing infrastructure, power outages and quality issues, according to shipping data, sources and documents.The delays are putting roadblocks on a U.S. plan to quickly boost Venezuela's oil exports following a flagship pact with global trading houses. The fight for infrastructure looks likely to intensify…
Everllence’s 175D Engines to Power Four Offshore Tugs Destined for Guyana
Everllence has signed a contract with a Turkish shipyard within the high-speed segment. The contract comprises 16 × 175D gensets bound for 4 × Rampage 6000‑DE offshore terminal tugs designed by Robert Allen.These will be operated by Smit Lamnalco, a Boskalis company, in Guyana, South America to support an FPSO fleet in the Stabroek Block.The newbuilds’ roles will combine towing, safety, logistics, dynamic positioning and maintenance functions, supporting large‑scale deepwater oil production.
Taiwan Plans Record High Defense Spending
Taiwan's government on Thursday proposed an 18% rise in defense spending for next year, including for drones and missiles, taking it above T$1 trillion ($31.41 billion) for the first time as Taipei bolsters its military to ward off China.The budget details come as Beijing, which views democratically governed Taiwan as its own territory, has ramped up military and political pressure over the past few years to assert its claims, which Taipei strongly rejects.Taiwan also faces calls from Washington to spend more on its own defense, mirroring U.S.
Panama Canal to Cap Daily Transits
The Panama Canal Authority will cap daily transits as of early September as it gears up for a longer-than-usual El Niño season expected to reduce water levels, it said on Thursday, walking back a previous pledge to not limit vessel passage.Under the new measures, the canal will limit daily transits as of September 4 to 34 vessels, and reduce the number to 32 as of September 15.The canal had registered an average of 35 daily transits through June 2026, corresponding to vessel demand…
Norway Expands Arctic Military Brigade
Norway expanded on Thursday a recently created military brigade headquartered in the Arctic, the latest move by a NATO nation to boost its defence footprint in the wake of the Ukraine war.The NATO member established the Finnmark Brigade last year, forming the country's second brigade and the first one set up since the end of the Cold War. Both brigades have their headquarters in the Arctic.Norway, like the other Nordic countries, has steeply increased its military budget in response to the Ukraine war and U.S.
VIDEO: Saildrone USV Fires JAGM Missiles
[video courtesy Saildrone]Saildrone and Lockheed Martin demonstrated a new armed autonomous naval capability during RIMPAC 2026, successfully launching two Joint Air-to-Ground Missiles (JAGM) from a Saildrone Surveyor unmanned surface vessel (USV) off Hawaii.The live-fire exercise marked the first missile launch from a Saildrone platform, moving the commercially derived USV beyond its established intelligence, surveillance, reconnaissance and ocean-mapping roles into kinetic operations.Conducted under the U.S.
Transportation Secretary, Port of Corpus Christi to Explore Nuclear Maritime Technologies
U.S. Secretary of Transportation Sean P. Duffy was joined by Maritime Administrator (MARAD) Stephen M. Carmel, U.S. Representative Michael Cloud (TX-27) and leaders from Texas’ Port of Corpus Christi to kick off a new partnership focused on small modular reactor (SMR) technology for maritime applications. By testing the latest innovations in SMRs, the Department can help revitalize U.S. shipbuilding, cut fuel costs, and restore America’s maritime dominance.This is the second agreement the Department has signed since Secretary Duffy launched the SMR initiative in May.
Crowley Adds Container Service Connecting Port Houston and Central America
Crowley, a provider of logistics, marine and energy solutions, announced a new weekly container service connecting Port Houston to Santo Tomás de Castilla, Guatemala, and Puerto Cortés, Honduras, two of Central America’s largest and fastest-growing trade gateways.The Gulf-Central America Express Service makes its first Houston call on Sept. 10 with Thursday departures. Crowley’s vessels will carry dry and refrigerated containers that safely transport a range of fresh produce, apparel, industrial products and consumer goods from sea to land.
US Natural Gas Futures Reach Four-Week High
U.S. natural gas futures rose to a near four-week high on Wednesday, supported by forecasts for hotter weather and firm oil prices, while investors awaited a federal storage report due this week. Front-month gas futures for September delivery on the New York Mercantile Exchange rose 9.6 cents, or 3.5%, to $2.87 per million British thermal units, their highest level since July 24. Oil prices steadied near a three-week high on uncertainty over shipping through the Strait of Hormuz and other ongoing supply disruptions in the market. "(Natgas) market is currently edging higher...
Cold Spray Metal 3D Printing Goes to Sea at RIMPAC 2026
A U.S.-led advanced manufacturing team demonstrated the ability to produce mission-critical metal replacement parts aboard a vessel underway during RIMPAC 2026, marking the first at-sea deployment of a SPEE3D cold spray manufacturing system.The Consortium for Advanced Manufacturing Research and Education (CAMRE) at the Naval Postgraduate School, working with the U.S. Army Combat Capabilities Development Command Army Research Laboratory and other partners, deployed more than 50…
Hormuz Traffic Slows as Uncertainty Persists
Shipping through the Strait of Hormuz slowed, data showed on Wednesday, as most shipowners avoided the key waterway because of a lack of clear signalling on its reopening from a blockade during the Iran war.Six commodity vessels crossed the strait on Tuesday, Kpler data showed by 0258 GMT, down from nine a day earlier and below the 10-day daily average of 11.Inbound traffic included an empty very large crude carrier that followed the Omani side of the strait, as well as two tankers…
Data Center Projects Boost Port of Los Angeles July Volumes
The Port of Los Angeles, the nation's busiest seaport, notched its second-highest volume for July, boosted by resilient demand for consumer goods and equipment for manufacturing and data center construction, its executive director said on Tuesday.That demand should support another strong result for August, executive director Gene Seroka said.Ocean container imports are an early gauge of U.S. economic activity and are closely watched by analysts and traders.The Port of Los Angeles processed 960…
Construction of Two Icebreakers at Bollinger Shipyards Progresses
The hull of the first heavy polar icebreaker for the Coast Guard is taking shape after years of delays on the Gulf Coast. The stern sections of the future USCGC Polar Sentinel (WMSP-21) are now standing almost four stories high in the middle of the Bollinger Mississippi shipyard. As of early August, the stern section of the future Polar Security Cutter was positioned to be welded in place.Bollinger has overseen the project since it inherited the contract when it bought the yard from V.T. Halter in 2022. V.T. Halter won the initial 2019 for an estimated cost of $2.7 billion for three hulls.
JLL Advises, Provides Brokerage Services for Mare Island Maritime Campus
JLL announced that it has been exclusively retained to provide strategic advisory and brokerage services for Mare Island Maritime Campus, a maritime industrial property with two million square feet of existing buildings and four operational dry docks. Located in Vallejo, California, the former Mare Island Naval Shipyard represents an opportunity as federal mandates and bipartisan legislation drive the largest maritime industrial mobilization since World War II.JLL is advising The Nimitz Group…
US Lifts Conditions of Entry Restrictions for Nigerian Vessels
The United States has lifted security restrictions imposed on vessels arriving from Nigeria after more than a decade, the Marine and Blue economy Minister Adegboyega Oyetola said on Tuesday, in a move expected to cut shipping costs and boost the competitiveness of Nigerian ports.The restrictions, known as Conditions of Entry (CoE), were introduced by the U.S. Coast Guard in June 2014 and required vessels bound for the United States that had recently called at certain Nigerian ports to comply with additional security measures and undergo enhanced scrutiny before entering U.S.
No US-Iran Talks Planned, Hormuz Remains Closed
U.S. President Donald Trump said on Tuesday no talks were taking place with Iran and none were scheduled, and he insisted that the Strait of Hormuz was open, contradicting an earlier Iranian assertion that the critical waterway remained shut to shipping.The receding prospects of a deal to end the nearly six-month conflict drove up oil prices again on Tuesday, while stock markets sagged and borrowing costs for major economies including the U.S. hit multi-decade highs, amid concerns…
Brennan Acquires Budrovich’s Marine Ops
J.F. Brennan Company (Brennan) has acquired the marine operations of Budrovich Contracting Co., Inc., establishing a permanent presence in St. Louis and building on its longstanding relationships in the region.The acquisition builds on a seven-year relationship between Brennan and Budrovich’s Marine Operations team. During that time, the companies have worked together in the region, developing a strong understanding of the needs of local marine and industrial facilities.With the acquisition…
Russian Ice-class LNG Carrier heads out via Northern Sea Route
Russia's second new domestically-built ice-class carrier for transporting liquefied natural gas, the Konstantin Posiet, departed from Bolshoy Kamen Bay in Primorsky Krai and set a course along the Northern Sea Route, LSEG data showed.For Russia, the tanker represents another step in overcoming Western sanctions designed to prevent it from moving gas to international markets and to curb its revenues for waging war on Ukraine.The vessel was built at the Zvezda shipyard, one of Russia's most advanced shipbuilding facilities, to serve the Arctic LNG 2 plant, which is subject to U.S.
Iskra Shipyard tapped to Build Firefighting Vessel
Croatian shipbuilder Iskra Shipyard has signed a €2.24 million contract to design and build a new high-speed firefighting vessel for the Zadar County Firefighting Association, with delivery scheduled within 12 months.The 15-meter vessel will be built at Iskra’s shipyard in Šibenik and deployed for firefighting operations around Zadar County’s islands, ports and coastal areas. It will also support firefighting, emergency response and civil protection services during maritime emergencies.The project is part of Zadar County’s EU-funded “Resilient Archipelago” program…
Vessel Struck in Strait of Hormuz, Crew Injured
The United Kingdom Maritime Trade Operations said it received a report on Tuesday that a vessel was struck by an unknown projectile while transiting outbound in the Strait of Hormuz, causing engine room damage and a crew casualty.The remaining crew were being assisted by the Omani Coast Guard, according to the report. No environmental impact was reported and authorities were investigating, UKMTO said.Maritime security sources identified the vessel to Reuters as Liberia-flagged bulk carrier Minoan Dignity…