Government Update News


EU naval force: Allegedly hijacked Chinese fishing vessel liberated

Jan 13, 2025

A Chinese fishing vessel that was allegedly hijacked last month in Somalia's waters, in the semi-autonomous Puntland region, has been liberated, the European Union's anti-piracy naval force said on Monday.'According to the information provided (by the Chinese embassy to Somalia)…

Port of New Orleans wins $1 Million EPA Grant

Jan 13, 2025

The Port of New Orleans (Port NOLA) announced that it has been awarded $1,000,000 from the Environmental Protection Agency (EPA) for its Louisiana International Terminal (LIT) Sustainability Management Plan (SMP).'This funding is a crucial investment in Louisiana’s future…

Dozens of tankers drop hook as US sanctions bite

Jan 13, 2025

At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions package on Jan. 10, ship tracking data showed on Monday.Five of those tankers…

Finland: Tanker Sabotage Crew poised to cut cables when caught

Jan 13, 2025

Crew on board an oil tanker accused of sabotaging undersea power and communications cables in the Baltic Sea were poised to cut other cables and pipelines when Finnish authorities boarded the vessel last month, the head of the Finnish investigation said…

Panama Canal Slots Going Unfilled

Jan 13, 2025

The average number of vessels that passed through the Panama Canal in December increased to 34.2 per day, according to a notice from its authority seen on Monday, but the waterway did not fill all the slots on offer, a sign that some ships continue taking alternative routes…

HII Christens Amphibious Vessel Harrisburg (LPD 30)

Jan 13, 2025

HII has christened San Antonio-class amphibious transport dock Harrisburg (LPD 30) at the company’s Ingalls Shipbuilding division.“Today is more than just a christening; it is a celebration of craftsmanship, commitment and the enduring purpose of the work we do every day at Ingalls…

Fairbanks Morse wins POs from Austal USA

Jan 13, 2025

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has received POs from Austal USA to provide critical equipment for the U.S. Navy’s next-generation TAGOS-25 program.Through Fairbanks Morse Defense businesses American Fan…

New Sanctions Expected to Have Severe Consequences for Russia

Jan 12, 2025

Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on Russian producers and ships curb supplies to Moscow's top customers, traders and analysts said…

Israel Bombs Houthi-controlled Power Station, Ports

Jan 10, 2025

Israeli warplanes bombed a power station and two ports in Houthi-controlled Yemen on Friday in retaliation for Houthi drone and missile strikes against Israel, and pro-Houthi media said at least one person had been killed and nine wounded.Israeli…

Germany Secures Drifting Tanker off Baltic Coast

Jan 10, 2025

A tugboat has stopped a tanker carrying around 99,000 metric tons of oil from Russia from drifting out of control off Germany's Baltic Sea coast near the island of Ruegen, emergency services said on Friday.The 274-metre (899-foot) Panama-flagged tanker…

NRF: Import Cargo to Remain Elevated in January

Jan 10, 2025

A potential strike at East Coast and Gulf Coast ports has been avoided with the announcement of a tentative labor agreement, but the nation’s major container ports have already seen a surge in imports that is expected to continue because of potential increases in tariffs…

OP/ED: When it Comes to Offshore Energy, Be Careful What You Wish For

Jan 09, 2025

You just might get it.In the waning days of the Biden administration, the executive orders and such that get announced seemingly on a daily basis signal countless victories for that side of the equation. And, no matter which side of that great divide that you reside on…

Box Shipping Rates may fall as US Port Strikes Averted

Jan 09, 2025

Strikes at ports on the US East Coast and Gulf Coast, which would have caused an economic and supply chain crisis, have been called off – with ocean container freight rate growth now expected to slow or fall.The strikes were set to begin on…

NUWC Employee Shares Family Legacy with USS Fort Lauderdale

Jan 08, 2025

When the USS Fort Lauderdale (LPD 28) docked at Naval Station Newport in Rhode Island from Nov. 21-24, it was especially meaningful for a Naval Undersea Warfare Center (NUWC) Division Newport employee whose family name is linked to the ship’s name…

Finland Recovers Anchor in Baltic Sea Cable Investigation

Jan 07, 2025

Finnish police said on Tuesday they had recovered a lost anchor from the seabed as part of an investigation of suspected sabotage against power and internet cables in the Baltic Sea.Finland last month seized the Eagle S tanker carrying Russian…

Current News

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Hanseatic Global Terminals Launches Latin America Expansion

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

As China's Economy Slows, So Too Does Dry Bulk Shipping

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