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Trump Elevates Sola to Head Federal Maritime Commission

Trump Elevates Sola to Head Federal Maritime Commission

Louis Sola a commissioner on the Federal Maritime Commission is being elevated to chairman of the regulatory body by President Donald Trump. The White House released a listing of 15 designees to...

Fincantieri Completes the Acquisition of Leonardo's UAS Underwater Business

Fincantieri Completes the Acquisition of Leonardo's UAS Underwater Business

[By: Fincantieri Group] Fincantieri announces the closing of the acquisition of Leonardo S.p.A.'s Underwater Armaments & Systems ("UAS") business line through the purchase of the...

White House Formally Blames China for "Unreasonable" Maritime Subsidies

White House Formally Blames China for "Unreasonable" Maritime Subsidies

China is by far the world's dominant shipbuilding nation, and the latest numbers from its industry ministry show that the lead has only widened. About 56 percent of all tonnage delivered worl...

Next U.S. Aircraft Carriers to be Named for Presidents Clinton and Bush

Next U.S. Aircraft Carriers to be Named for Presidents Clinton and Bush

The U.S. Navy today announced the names for the fifth and sixth carriers of the Fold class. While the ships are a decade away, Secretary of the Navy Carlos Del Toro announced the names of two fut...

Navig8 Announces Completion of 80% Acquisition by ADNOC L&S for $1.04B

Navig8 Announces Completion of 80% Acquisition by ADNOC L&S for $1.04B

[By: Navig8] Navig8 TopCo Holdings Inc. (Navig8 / the Company) today announced that it has been acquired by ADNOC Logistics and Services plc (ADNOC L&S) (ADX symbol: ADNOCLS / ISIN: AEE01268A23...

UAE’s ADNOC Completes Acquisition of Pool Operator Navig8

UAE’s ADNOC Completes Acquisition of Pool Operator Navig8

ADNOC Logistics and Services, the maritime logistics arm of Abu Dhabi’s national oil company, completed the acquisition of Navig8. The company called the acquisition “a key milestone&...

New Emissions Barges Readied to Help California Ports Meet New Rules

New Emissions Barges Readied to Help California Ports Meet New Rules

Two new emissions filter barges developed by a company called STAX are preparing to enter service. One of the barges will be deployed in an expansion of the service at the Port of Benicia while t...

Windward Maritime Intelligence Business Agrees to Buyout from U.S. Investor

Windward Maritime Intelligence Business Agrees to Buyout from U.S. Investor

Predictive maritime intelligence company Windward, which harnessed the power of AI to create a unique platform, has agreed to a buyout by U.S.-based FTV Capital Group, a growth equity investment fir...

Report: IRGC Now Handles Half of Iran's Oil Exports

Report: IRGC Now Handles Half of Iran's Oil Exports

Iran's oil exports are intimately linked to the Islamic Revolutionary Guard Corps' military training and assistance programs in the Middle East, including the weapons transfers that enable Hou...

Who is Paying for Cambodia's Massive New Canal?

Who is Paying for Cambodia's Massive New Canal?

[By Grace Stanhope and Hannah Buckley] Speculation swirls around Cambodia’s newest megaproject, the Funan Techo Canal. It’s a US$1.7 billion project (at least) – but where&rs...