Maritime Vessels Directory

Russia said on Tuesday the U.S. had agreed to help it lift restrictions on food, fertilizer and shipping companies in exchange for agreeing to a maritime security deal in the Black Sea.The United States further said it had also agreed with Russia and Ukraine to implement a ban on military strikes on each other's energy installations.If implemented, the deals would represent the clearest progress yet towards a wider ceasefire that Washington sees as a stepping stone towards peace talks to bring an end to Russia's three-year-old war in Ukraine.

Shipbuilding Plan Could Undermine U.S. Operators, Industry Execs say

2 days ago

A Trump administration proposal aimed at reviving the U.S. shipbuilding industry may backfire by imposing steep fees on China-linked vessels—penalties that industry leaders say would hurt American ship operators and ports rather than help them, industry executives said at U.S. Trade Representative hearings on Monday.At issue are proposed, stacking fees on China-built vessels that could top $3 million per U.S. port call. The Trump administration says the fees would curb China's growing commercial and military dominance on the high seas and promote domestically built vessels. U.S. steelworker unions, U.S.

CMB.TECH, MOL Sign Agreement for Nine Ammonia-Powered Ships

2 days ago

Belgian oil tanker group CMB.TECH has signed an agreement with Mitsui O.S.K. Lines (MOL) and MOL Chemical Tankers (MOLCT) for nine ammonia-powered vessels.The vessels will be among the world's first ammonia-powered Newcastlemax bulk carriers and chemical tankers. The delivery of these ships is expected between 2026 and 2029.The landmark agreement between MOL/MOLCT, and CMB.TECH involves nine ammonia-powered ships.Three ammonia-fitted 210.000 dwt Newcastlemax bulk carriers, currently on order at Qingdao Beihai Shipyard, will be jointly owned by CMB.TECH and MOL and chartered to MOL for a period of 12 years each.

U.S. Wants Black Sea Ceasefire

2 days ago

A U.S. delegation will seek progress toward a Black Sea ceasefire and a broader cessation of violence in the war in Ukraine when it meets for talks with Russian officials on Monday, after discussions with diplomats from Ukraine on Sunday.The so-called technical talks come as U.S. President Donald Trump intensifies his drive for a halt to Russia's three-year-old assault against Ukraine. Last week, he spoke with both Ukrainian President Volodymyr Zelenskiy and Russian President Vladimir Putin.A source briefed on the planning for the talks said the U.S.

Lack of Oversight Impacts U.S. Fishing Industry

2 days ago

U.S. President Donald Trump’s regulatory freeze has injected chaos and uncertainty into a number of lucrative American fisheries, raising the risk of a delayed start to the fishing season for some East Coast cod and haddock fleets and leading to overfishing of Atlantic bluefin tuna, according to Reuters interviews with industry groups and federal government employees.America’s $320 billion fishing industry relies on a branch of the federal government, the National Oceanic and Atmospheric Administration, to manage coastal fisheries.

Maritime Reporter and Engineering News (February 2025)

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Maritime News

Deal Facilitated to Enable Black Sea Shipping

Shipbuilding Plan Could Undermine U.S. Operators, Industry Execs say

CMB.TECH, MOL Sign Agreement for Nine Ammonia-Powered Ships

U.S. Wants Black Sea Ceasefire

Lack of Oversight Impacts U.S. Fishing Industry