Jo Tankers AS

On April 17, the Trump administration shielded domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied on China-built vessels.The Federal Register notice posted by the U.S. Trade Representative (USTR) was watered down from a February proposal for fees on China-built ship of up to $1.5 million per port call.Ocean shipping transports about 80% of global trade - from food and furniture to cement and coal. Industry executives feared virtually every cargo carrier could face steep, stacking fees that would make U.S. export prices unattractive and foist annual import costs of $30 billion on American consumers.

The seventh generation Atlantic Zonda drillship, managed by Ventura Offshore Midco, has started operations for Petrobras under a three-year drilling contract.The Atlantic Zonda is managed by Ventura Offshore through marketing and operating agreements with the rig owner, Eldorado Drilling, and the company will earn its management fees and reimbursable revenues from these agreements.Following the delivery of the Atlantic Zonda from Samsung shipyards, contract preparations were carried out in Singapore, where the rig was upgraded with the most advanced technological drilling package available.

US Secretary of the Interior Doug Burgum has directed the Bureau of Ocean Energy Management (BOEM) to begin a public engagement process to develop a new schedule for offshore oil and gas lease sales on the U.S. Outer Continental Shelf.“Launching the process to develop the 11th National Outer Continental Shelf Program marks a decisive step toward securing American Energy Dominance,” said Secretary of the Interior Doug Burgum. “Through a transparent and inclusive public engagement process, we are reinforcing our commitment to responsible offshore energy development—driving job creation, bolstering economic growth and strengthening American energy independence.

The maritime industry has worked with a single fuel source for over a century and with the rush to meet emission standards in both domestic and foreign markets, adapting to the current list of alternative fuels is going to present significant problems. Each market has its issues whether bluewater, brownwater, coastal, foreign or domestic.Chose any of the larger global shipbuilding yards and the basic bluewater ship design will include a large two stroke combustion engine.To remove that single propulsion system from current ship construction to meet emission standards would be devasting to shipyard profitability.

Saronic accelerates its growth into autonomous shipbuilding with the acquisition of Gulf Craft, a Louisiana-based shipbuilder with a 60-year history of developing manned and unmanned ships for defense and commercial customers.Through this acquisition, Saronic gains a strategically located shipyard on the Gulf Coast that will serve as the prototyping and production hub for its medium unmanned surface vessel (MUSV) fleet — starting with Marauder, Saronic’s 150-foot Autonomous Surface Vessel (ASV).