Is EU Spending $250B-per-year Spending on US Energy Realistic?

Analysts question feasibility as framework trade deal outpaces current U.S. export capacityThe European Union’s commitment to purchase $250 billion in U.S. energy supplies annually under a new trade framework with Washington faces

U-Ming Completes First B24 Biofuel Bunkering

Taiwan’s U-Ming Marine Transport Corporation has announced that its 64,000dwt bulk carrier, Asian Progress, has successfully completed its first bunkering operation of B24 biofuel (FAME B24) at the Port of Singapore.The vessel

Iraq Identifies Tankers Spoofing to Conceal Their Location

Iraq’s state oil marketer SOMO has identified several tankers suspected of loading petroleum products illegally from the ports of Umm Qasr and Khor al-Zubair, according to an official letter dated Sunday and

Two Girls Dead After Sailboat Collides with Barge

A sailboat collided with a barge near Hibiscus Island, Miami, on Monday leaving two dead.Miami Beach Fire Rescue crews were first on scene, and they were later joined by Miami-Dade Fire rescue,

Houthis Hold 10 Crew From Attacked Eternity C Vessel

Yemen's Iran-aligned Houthis said on Monday they had rescued 10 seafarers from the Greek-operated cargo ship Eternity C which they attacked and sank in the Red Sea earlier this month.The Liberia-flagged Eternity

NTSB Names Eric Stolzenberg Director of Office of Marine Safety

Longtime mariner and investigator Eric Stolzenberg has been named director of the National Transportation Safety Board’s Office of Marine Safety.The office investigates major marine accidents within the United States and its territories,

Econowind Receives Repeat Order From Terntank for Hybrid Tankers

Econowind has received a repeat order from Terntank for the installation of eight VentoFoil units on two additional methanol-ready hybrid tankers. Following the initial order in May 2023 for three newbuilds, this

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

Yinson Production, via its joint venture PTSC South East Asia (PTSC SEA), has secured a lease and operate contract for a new floating storage and offloading (FSO) unit for Vietnam’s offshore Block

Lloyd’s Register Approves KSOE’s Next-Gen Newcastlemax Bulk Carrier

Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (KSOE) for its next-generation 210,000 DWT Newcastlemax bulk carrier design.The innovative design features flexibility for multiple