Act aims to reserve some U.S. energy exports for U.S.-built ships

MAY 22, 2018 — Under legislation introduced today by U.S. Senator Roger Wicker, (R-MS), a portion of U.S. exports of LNG and crude oil would have to be transported on U.S.-built, U.S.-crewed

Gunvor JV inks orders for six product tanker newbuilds

MAY 22, 2018 — Gunvor Group, one of the largest physical energy trading companies in the world, has entered into a joint venture with Oceangold Tankers and Maas Capital to form ClearOcean

Eniram joins Project Forward LNG-fueled bulker initiative

MAY 18, 2018 — Eniram, a Wärtsilä company, has signed a Memorandum of Understanding (MoU) with Athens-based Arista Shipping to participate in the Project Forward initiative, which is led by Arista. The

Austal to expand commercial shipbuilding capacity in Australia, Asia

MAY 15, 2018 — Austal Limited (ASX: ASB) reports that it has finalized the details of its previously announced investment of up to US$30 million for capacity expansion. This investment will be

Pacific Basin in $88.5 million, four-vessel buy

MAY 14, 2018 — Hong Kong headquartered Pacific Basin Shipping reports that, through a subsidiary, it has entered into four separate ship contracts for the acquisition of four vessels from four separate

U.S. reimposes sanctions on Iran’s maritime and energy sectors

MAY 8, 2018 —President Donald J. Trump today announced his decision to pull the United States from the Iran nuclear deal, more formally called the Joint Comprehensive Plan of Action (JCPOA), and

Austal to acquire aluminum NDT tech specialist ElectraWatch

MAY 2, 2018 — Austal (ASX: ASB) reports that it has reached an agreement to buy 100% of ElectraWatch Inc., a U.S.-based aluminum non-destructive testing technology company, for an all cash consideration

LR approves rotor sail installation on Viking Grace

APRIL 30, 2018 — Classification society Lloyd’s Register (LR) says that installation of a rotor sail on the LNG-fueled ferry Viking Grace (see earlier story) was carried out with LR approval of

Senator files Made-in-America Shipbuilding Act

APRIL 29, 2018 —Democratic U.S. Senator Tammy Baldwin is in for the fight of her life during midterm elections this fall as she seeks re-election in Wisconsin. In a state carried by

Gladding-Hearn starts construction of second cat for Rhode Island

APRIL 20, 2018 — Gladding-Hearn Shipbuilding, Duclos Corporation, has begun construction of a second high-speed passenger ferry for Rhode Island Fast Ferry, Inc., which is to open a new seasonal route between

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