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Changes in Oil Trading Raise Doubts About SPOT Terminal

Changes in Oil Trading Raise Doubts About SPOT Terminal

By The Maritime Executive
February 4, 2025
A lack of customer interest and a delay in permitting have created doubt about the future of Enterprise Products Partners' Sea Port Oil Terminal (SPOT), a deepwater tanker loading facility off the Tex...
Dominion’s Offshore Wind Farm Reaches 50% Mark as Costs Soar Past $10B

Dominion’s Offshore Wind Farm Reaches 50% Mark as Costs Soar Past $10B

By The Maritime Executive
February 4, 2025
  Dominion Energy reports its offshore wind farm project remains on schedule and is making good progress. Known as Coastal Virginia Offshore Wind, the 2.6 GW project will be the largest in the Unit...
Tech Enhancements Bring Smoother Sailing to International Commerce

Tech Enhancements Bring Smoother Sailing to International Commerce

By Jeffrey Beisler-Snell, PhD
February 4, 2025
  The difficulties facing global trade and the global supply chains have been widely documented over the past few years. The outlook for global trade remains murky in 2025 with the threat of tariff...
Trump Delays Tariff Hikes For Canada and Mexico, But Not China

Trump Delays Tariff Hikes For Canada and Mexico, But Not China

By The Maritime Executive
February 3, 2025
  After receiving border-control concessions from Mexico and Canada, U.S. President Donald Trump has delayed his plan to impose 25 percent tariffs on both nations' exports by another 30 days, headi...
Maritime Executive

New Jersey’s Fourth Offshore Wind Solicitation Ends Without Award

By The Maritime Executive
February 3, 2025
Regulators for New Jersey’s offshore wind energy sector announced today that they will not be proceeding with an award for the fourth round wind solicitation due to “uncertainty driven by federal ac...
Crews Operating Tugs for UK’s Royal Navy Taking Strike Vote

Crews Operating Tugs for UK’s Royal Navy Taking Strike Vote

By The Maritime Executive
February 3, 2025
Around 300 crewmembers who staff tugboats operated to support the UK’s Royal Navy and provide marine services are taking a strike vote. The move comes as their union, Unite, is complaining they have...
U.S. Navy Sends 20 Saildrones to Surveil Drug Smuggling Corridors

U.S. Navy Sends 20 Saildrones to Surveil Drug Smuggling Corridors

By The Maritime Executive
February 3, 2025
  The U.S. Navy has reached an agreement with Saildrone to double the number of long-range unmanned vessels deployed on a surveillance mission in the drug transit zones of the Eastern Pacific and t...
Wind Propulsion is Key for Shipping as Report Shows $400B Scrapping Crisis

Wind Propulsion is Key for Shipping as Report Shows $400B Scrapping Crisis

By The Maritime Executive
February 3, 2025
[By: BAR Technologies] A new report from the UCL Energy Institute has highlighted the looming risk of maritime asset stranding, stating that a rapid energy transition could “lead to ‘premature scra...
The Art of the Transit Deal: Canada Holds Trump Card on Great Lakes Trade

The Art of the Transit Deal: Canada Holds Trump Card on Great Lakes Trade

By Harry Valentine
February 2, 2025
  US President Donald Trump has imposed a 25% tariff on Canadian Goods entering the USA. Canada holds a trump card in that the economy of several American states benefit from trade carried aboard s...
Maritime Executive

What Effects Will Trump's New Tariffs Have on Trade?

By The Conversation
February 2, 2025
  It’s official. On February 1, US President Donald Trump introduced a sweeping set of new 25% tariffs on imports from Canada and Mexico. China will also face new tariffs of 10%. During the pres...

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