U.S. Treasury Secretary Steven Mnuchin said on Sunday officials will have a better idea this week of the total cost of a coronavirus aid package, but predicted it will likely be 'significant but not huge.'Mnuchin told 'Fox News Sunday' he also…
U.S. President Donald Trump on Friday said that major cruise lines would suspend cruises for 30 days, following a series of industry announcements that came after repeated transmission of coronavirus among passengers at sea.“At my request, effective midnight tonight…
Fincantieri risks an EU antitrust veto against its bid for Chantiers de l'Atlantique because of the difficulty of addressing regulators' concerns, people familiar with the matter said, in what would be a setback to Italy's industrial ambitions…
Ribcraft announced that the United States Navy (USN) has awarded a five-year indefinite quantity contract worth up to $43 million to build and deliver an estimated 48 of the 11-Meter Expeditionary Mine Counter Measure Boat. Ribcraft has also been providing the U…
The Trump administration will soon issue an advisory warning ports, tankers and shipping industry players against storing Iranian oil in violation of U.S. sanctions, a State Department official said on Monday.David Peyman, the deputy assistant…
President Donald Trump praised the United States' relationship with Brazil under Brazilian President Jair Bolsonaro on Saturday, but declined to say whether he would impose steel and aluminum tariffs on the South American country.Ahead of a…
The International Maritime Organization (IMO) has postponed a number of meetings following the global coronavirus outbreak.London-headquartered IMO said the move takes into account the decision of the UK on March 5 to move toward the 'delay'…
The United States is considering ways to discourage U.S. travelers from taking cruises as part of a broader Trump administration effort to limit the spread of coronavirus, according to four officials familiar with the situation.The officials…
The COVID-19 epidemic, which was first called the novel Coronavirus and then the 2019-nCoV, is spreading fast around the world. It is more contagious than the 2002 SARS outbreak, its cousin, but not as lethal. Unfortunately, its impact on…
The U.S. Department of Transportation (DOT) announced a Notice of Funding Opportunity (NOFO) to apply for $225 million in discretionary grant funding through the Port Infrastructure Development Program (PIDP).“America’s ports are a critical…
The intergovernmental agreement signed between French and Italian States to establish Naviris, the joint-venture (JV) between the shipbuilders Naval Group and Fincantieri.This agreement makes the long term alliance launched by these two industrial Groups fully operational…
Blank Rome’s maritime attorneys have represented clients in some of the largest maritime casualties in the last 20 years, including the Staten Island Ferry allision with a maintenance pier in New York, the blow out and eventual loss of the Deepwater Horizon drilling rig in the Gulf of Mexico…
The U.S. Department of Transportation’s (USDOT) Maritime Administration (MARAD) announced that it has awarded more than $280 million in discretionary grant funding through the new Port Infrastructure Development Program. This funding is designed…
The federal government allocated $93 million for the next phase of deepening the Jacksonville shipping channel to 47 feet from its current depth of 40 feet. Of the total $93 million investment, $57,543,000 is included in the U.S. Army Corps of Engineers’ Fiscal Year 20 Work Plan…
Iran and Syria have signed an agreement on mutual maritime cooperation during the sixth round of joint maritime committee meeting on the maritime and port cooperation.The Managing Director of Iran's Maritime and Port Organization (PMO) Mohammad Rastad…