Us News

The Baltic Exchange Dry Index halted a nine-session slide to mark a 2.3% U-turn, climbing to 1,567 points, reports cash buyer GMS. This was driven by gains across segments: Capes (up 2.3%), Panamax (up 4.3%), and the smaller segments adding four points by week’s end.“Notably, the overall benchmark index still finished the week down 7.2%. Oil too continued to trip on itself and stayed below the coveted USD 60/barrel mark despite a 0.4% increase, closing the week out at USD 59.44/barrel.“The U.S.

On January 20, Brazil President Luiz Inácio Lula da Silva will sign contracts for the construction of vessels for the Mar Aberto Program, an initiative aimed at renewing and expanding the Petrobras fleet.Petrobras and Transpetro are contracting five gas carrier ships, in addition to 18 barges and 18 pushboats, in a total investment of R$ 2.8 billion, with the potential to generate more than 9,000 direct and indirect jobs.All vessels will be operated by Transpetro and built in shipyards in three states.

The formerly retired tugboat Polar King is back on the water thanks to the hard work of the Alaska Marine Lines team and many others throughout the Lynden companies. The 50-year-old tugboat was completely overhauled earlier this year and is now back in the fleet and will be towing barges between Seattle, Hawaii, and Western Alaska ports. The 120- by 34-ft. tug was built in 1974 at McDermott Shipyard, one of eight built that year. Four of those vessels ended up towing barges at AML.

Brazilian beef exports will remain stable in 2026 compared with last year, beef lobby ABIEC said on Monday, projecting shipments between 3.3 million and 3.5 million metric tons this year.That compares with 3.5 million tons of beef exported in 2025, including fresh and processed products, when Brazil's beef shipments had their best year on record both in volumes and revenue, according to trade data. Roberto Perosa, ABIEC president, said exports would remain broadly unchanged after top importer China imposed safeguards to protect its industry…

The chairman of Italy's Leonardo on Monday floated the idea of a future combination between the defence and aerospace group and state‑controlled shipbuilder Fincantieri.Speaking at a conference at Milan's Bocconi University, Stefano Pontecorvo told an audience that he hoped the two groups could one day merge, addressing his remark to Claudio Cisilino, Fincantieri’s executive vice‑president for operations, who was sitting in the audience.“I hope that one day a merger between us might be possible," said Pontecorvo, without elaborating.Fincantieri and Leonardo, both controlled by the Italian stat

R.M. Young Company and Western Weather Group will host a joint educational webinar titled "Powering Safer Grids with Wildfire Forecast Intelligence + Rugged Weather Hardware" on February 10, 2026, at 2:00 PM Eastern. The live webinar is free to attend with advance registration.As wildfire risk continues to grow across utility service territories, accurate forecasting and dependable environmental data have become critical to grid safety, operational planning, and Public Safety…

CF Industries, Trafigura and TFG Marine have signed a memorandum of understanding (MoU) to facilitate the adoption of low-carbon ammonia as a marine fuel.Building on the successful collaboration between CF Industries and Trafigura in the shipment of low-carbon ammonia, the agreement establishes a framework for the parties to work together on advancing low-carbon ammonia as a marine fuel, supporting the global shipping industry's emissions-reduction efforts.Under the MOU, CF Industries…

China's military said it had followed and monitored the transit of guided-missile destroyer USS Finn and oceanographic survey ship USNS Mary Sears through the Taiwan Strait on January 16 and 17, it said on an official WeChat account Saturday.A spokesman for the Eastern Theatre Command of the People's Liberation Army said in the statement that it remains "on high alert at all times" to "resolutely defend national sovereignty and security".The Pentagon did not immediately respond to a request for comment.(Reuters - Reporting by Casey Hall; Editing by Toby Chopra)

The U.S. Coast Guard has unveiled a rapid-response approach that identifies, prototypes and delivers breakthrough technologies to meet urgent operational needs and drives accelerated transition to programs. The Office of Rapid Response and Prototyping (CG-RAPTOR) is accelerating the “idea-to-operations” cycle, rolling our solutions within 30, 60, and 90 days through collaboration with operators, industry leaders and subject matter experts.The standup of CG-RAPTOR comes amid Secretary of Homeland Security Kristi Noem’s push to change how the Coast Guard operates.

Today the U.S. District Court for the Eastern District of Virginia granted Dominion Energy’s request for a preliminary injunction allowing construction to resume on the Coastal Virginia Offshore Wind (CVOW) project while Dominion Energy’s lawsuit challenging the agency’s action proceeds. Our team will now focus on safely restarting work to ensure CVOW begins delivery of critical energy in just weeks. While our legal challenge proceeds, we will continue seeking a durable resolution…

The U.S. Department of Energy is exploring a plan to exchange heavy Venezuelan oil for U.S. medium, sour crude to fill up the Strategic Petroleum Reserve, two sources said on Friday.The Trump administration is looking to move the Venezuelan crude into storage tanks at the Louisiana Offshore Oil Port from where the crude can be shipped to refineries. In exchange for the Venezuelan crude, companies will provide U.S. medium sour crude that can go directly into SPR storage, two sources said.Exchanges have been used in the past by the government to release and acquire oil.

CALL FOR STUDENT RESEARCH POSTERS!The 16th Annual Maritime Risk Symposium invites undergraduate and graduate students from colleges and universities worldwide to participate in the 2026 Maritime Risk Symposium Student Research Poster Contest. The poster competition, sponsored by the CCICADA Center based at Rutgers University, will be held online with winners invited to present their posters at the Maritime Risk Symposium on June 2-3, 2026 in Houston, Texas, USA.The Maritime Risk Symposium…

Major shipping companies are devising strategies for a return to the Suez Canal after more than two years of disruptions due to security risks in the Red Sea.They have been rerouting vessels via longer, costlier routes around Africa since November 2023, following attacks on commercial ships by Yemen's Houthi forces, reportedly in solidarity with Palestinians during warfare in Gaza.A ceasefire agreement reached in October 2025 has led some companies to explore resumption plans, although security remains a key concern.

Experts from the EU CLEANSHIP project have documented that the use of biodiesel of the type B100 FAME in real sailing can reduce black carbon emissions by up to 81 percent at low engine load and up to 61 percent at high engine load compared to traditional marine gas oil, MGO.The measurements with 100 percent biofuel were made during a three-day voyage on the vessel Falstria Swan from Uni-Tankers. The collected data has been analyzed and compared with baseline measurements made with conventional diesel on the same vessel.An advanced…

The United States Coast Guard held a formal swearing-in and assumption of command ceremony on Thursday for Adm. Kevin Lunday as the 28th Commandant of the U.S. Coast Guard.Secretary Kristi Noem joined senior Coast Guard leadership, members of the Joint Force and distinguished guests in recognizing the transition of command and Adm. Lunday’s commitment to leading the Service.“President Trump’s plan was simple when he became President of the United States. He wanted to revitalize the Coast Guard…

Now available is “History of Italian Shipbuilding in the Contemporary Era. From Unification to the Giolittian Age (1861–1913),” the first title in the editorial project promoted by the Fincantieri Foundation and dedicated to preserving and promoting the historical and industrial heritage of the sector.Preserving and enhancing the history of Italian naval engineering as a cultural, industrial, and social asset of the country—making it accessible and shared—is the objective behind the new editorial series promoted by the Fincantieri Foundation…

Greece has warned its shipping fleet to review their security measures when sailing to Russian Black Sea ports after drone attacks on two Greek-operated tankers this week, according to shipping ministry advisories.Drones struck two oil tankers on Tuesday, including one chartered by U.S.

This week, a US federal judge cleared Danish offshore wind developer Orsted to resume work on its nearly finished Revolution Wind project, which US President Donald Trump's administration halted along with four other projects last month.The halt was costing Orsted $1.5 million a day, noted the judge.The project is now expected to begin generating power later this year.Also this week, Ireland-based clean energy company ETFuels joined the SASHA Coalition, a collaboration that aims…

A new study undertaken by a group of researchers from the UAE, Canada, Japan, and Taiwan collates a range of statistics and expert opinion to address an urgent puzzle: Where and under what conditions do states prioritize cable security?The researchers focused on three contrasting cable systems: Unity/EAC Pacific (Japan–U.S.), Asia-America Gateway (Guam–Hawaii), and Tata TGNTata Indicom (India–Singapore).The risk to such cables varies predictably with geopolitical tension, peaking during ambiguous periods between peace and overt conflict.

Canadian EV shipbuilder Voltari Marine Electric Inc. is expanding its North American manufacturing footprint with the establishment of a new U.S. facility in Bay County, Florida. As part of a strategic growth initiative formerly known as “Project Kilowatt,” Voltari will acquire and transform the Queen Craft Shipyard, operating since 1974, to support increased production capacity for U.S.-based customers while maintaining its Canadian headquarters and core operations.Voltari is a vertically integrated shipbuilder specializing in the design…

The underlying lawsuit challenging the U.S. Department of the Interior’s December 22, 2025 suspension order will continue to proceed.Empire Wind will now focus on safely restarting construction activities that were halted during the suspension period. In addition, the project will continue to engage with the U.S. government to ensure the safe, secure and responsible execution of its operations.Empire Wind is being developed under contract with the New York State Energy Research and Development Authority (NYSERDA) to deliver a critical new…

Maersk said on Thursday that one of its services will resume using the Red Sea and Suez Canal this month, marking a key step towards ending two years of global trade disruption due to attacks on ships by Yemeni Houthi rebels.The Danish shipping group's share price fell more than 5% on the news, reflecting the likelihood of lower freight rates as vessels gradually return to the shorter Suez route.Shipping companies are weighing a return to the critical Asia-Europe trade corridor…

U.S. Coast Guard (USCG) inspectors frequently find immersion suit defects caused by adhesivef ailures between the main zipper and the suit body. These failures, illustrated in the images, compromise watertight integrity and pose serious survival risks from water ingress. Contributing factors to the defects include improper maintenance (e.g., the use of non-approved petroleum based lubricants or scented powders), improper storage, and neglecting to conduct periodic pressure testing. Seam and closure deterioration may not always be detectable during routine visual inspections.