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U.S. Senate Confirms Navy Secretary John Phelan   The U.S. Senate has confirmed the appointment of President Donald Trump’s nominee for the next Secretary of the Navy, the financier, political donor and art collector John Phelan. He was confirmed by a vote of 62-30, securing more than a dozen votes from senators in the political…

White House Nominates Navy Submariner to Run Maritime Administration   Former submarine officer Capt. Brent Sadler (USN) has been nominated to run the U.S. Maritime Administration, the unit of the Department of Transportation responsible for the Ready Reserve, the Maritime Security Program, the U.S. Merchant Marine Academy and several other maritime-related programs. MARAD has been…

HMM Joins Pioneers with its First Methanol-Fueled Containership The ranks of container shipping companies employing methanol-fueled vessels continue to grow with HMM becoming the latest among the early adopters of the fuel. DNV calculates there are just 26 methanol-fueled containerships in service currently with orders for 200 more vessels having been placed. By comparison, there…

Shipping Company Blames “Captain’s Carelessness” as LPG Carrier Strands Residents in the area around Pattaya City, Thailand panicked when they saw a gas tanker stranded on the shoreline at daybreak. There were rumors that the vessel was releasing gas, but it was quickly stopped by the authorities which announced the vessel’s tanks were empty and…

Vattenfall Approves Construction of Germany’s Largest Offshore Wind Farm Swedish offshore wind developer Vattenfall announced that it has taken the final investment decision to proceed with the construction of Germany’s largest offshore wind farm. The announcement was seen as a vote of confidence for the sector and comes as Germany is embroiled in a political…

U.S. to Assist Russia in Increasing Ag Exports, Lifting Bank Restrictions   Russia, Ukraine and the United States have agreed to a tentative ceasefire deal in the Black Sea, allowing most combat on shore to continue. The contours of the agreement largely align with Russian proposals, and Ukrainian leaders said that they would watch Russian…

Ocean Carriers Raise New Concerns About Steep U.S. Fees for Chinese Ships   On Monday, the Office of the U.S. Trade Representative held its first hearings on a plan to charge the owners of Chinese ships an additional fee for every port call in the U.S., ranging up to $3.5 million for each instance. If…

U.S.-Russian Talks on Black Sea Ceasefire Wrap Up in Riyadh   U.S. and Russian negotiators have wrapped up their first day of talks on a Black Sea ceasefire, according to Russian media. The Saudi-hosted conversation in Riyadh lasted 12 hours, and the details of the results should be released tomorrow in a joint statement. Diplomats…

Crowley Appoints Jenny Fuss as Chief Financial Officer   Crowley has named Jenny Fuss as its chief financial officer, leading all of the company’s financial strategies and operations to enhance economic performance and business growth.  With more than 20 years of experience as an executive for global institutions, Fuss brings to Crowley’s Senior Leadership Team…

U.S. National Security Leaders Leaked Houthi War Plans to a Journalist   Senior members of the Trump administration, including the secretary of defense, accidentally texted the Pentagon’s future war plans for bombing strikes in Yemen to a journalist whom they had invited into a group chat. The White House has confirmed that the conversation was authentic,…

Maersk Will Invest Over $500M as Part of 33-Year Port NY/NJ Lease Extension The Port Authority of New York and New Jersey and Maersk’s APM Terminals have agreed to a 33-year lease extension for the port’s second-largest container terminal. The company plans to make significant investments in the terminal located in Elizabeth, New Jersey in…

Competing Japanese Yards Partner for Efficiency and Improved Bulker Design Two of Japan’s leading shipbuilders, Onomichi Dockyard and Tsuneishi Shipbuilding, have taken the unusual step of partnering to develop designs for a new dry bulk carrier. The project sought to leverage the experience and expertise of each yard to advance the design concepts for a…