Following the Office of the United States Trade Representative (USTR)’s late February announcement regarding new tariffs on Chinese-built vessels, shipowners and charterers have scrambled to assess the fallout as concerns over rising transport costs and potential trade route disruptions mount. “Amer
Speaking to the US Congress, President Donald Trump proposed a ‘sweeping’ plan to revive US shipbuilding, pledging renewed efforts to strengthen both military and commercial vessel production. Framing the initiative as both an economic imperative and a national security priority, against the backdro
McDermott has crossed the finish line at a deepwater oil project in the U.S. Gulf of Mexico, recently renamed to the Gulf of America by the Trump administration.
U.S.-headquartered energy services provider Expro has secured two contracts with Southeastern Europe’s integrated energy player OMV Petrom worth over $10 million for what is said to be the largest natural gas project in the Romanian Black Sea. The contracts described as major involve Expro’s subsea
Houston-based subsea energy equipment and services specialist KOIL Energy Solutions, formerly Deep Down, and Norwegian engineering company SubseaDesign AS have formed a strategic alliance to accelerate advancements in subsea technology. According to KOIL Energy Solutions, the partnership aims to en
Talos Energy has decided to keep a drillship, owned by Seadrill, an offshore drilling contractor, occupied with additional drilling into September 2025.
Oxylus Energy and Element 1 have partnered to explore the use of Oxylus’s green methanol as a feedstock for point-of-use hydrogen production.
Given the worldwide spike in total demand for natural gas, Houston-headquartered NextDecade is contemplating further capacity expansion of its liquefied natural gas (LNG) export terminal at the Port of Brownsville, Texas.
U.S.-based technology firm Honeywell has agreed to buy compatriot pump and compressor player Sundyne from private equity firm Warburg Pincus in an all-cash transaction.
San Diego-headquartered Flagship Cruises & Events has clinched $15.2 million funding from the California Air Resources Board (CARB) to develop a pair of fully electric zero-emission ferries to serve the San Diego to Coronado route. As disclosed, the CARB Advanced Technology Demonstration and Pilot P
Liquefied natural gas (LNG) is (re)gaining regulatory support in the United States, with the country’s Department of Energy (DOE) having removed the barriers standing in the way of using LNG as a marine fuel to power ships. As informed, the Department of Energy’s oversight was withdrawn under the Na
The Port of Long Beach is set to unpack two new incentive programs worth $57.4 million to speed up emissions reductions by supporting the purchase of zero-emissions cargo-handling equipment and ‘cleaner’ harbor craft. As disclosed on February 28 this year, the funding for the program is part of Syst
