The US Maritime Administration (MARAD) has teamed up with CORE POWER in an agreement to accelerate a US-flagged fleet of nuclear-powered merchant ships. The memorandum of cooperation brings MARAD and the UK-founded nuclear technology company together to work through obstacles that have kept nuclear propulsion confined to naval vessels. CORE POWER is targeting first construction …
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The congestion at Durban Gateway Terminal has worsened, with delays hitting 10 days, and there is little sign that a resolution is imminent creating more frustration among the forwarding community. Sources told The Loadstar the terminal’s Pier 2 was “materially constrained”, noting that while delays of 10 days were expected, “some individual services are further behind”. One forwarder told The Loadstar: “Honestly, it is a shit show. ICTSI has taken over one ... The post Carriers warn of 20-day delays as congestion crisis at Durban worsens appeared first on The Loadstar .
Arabian Drilling, described as Saudi Arabia’s largest onshore and offshore drilling contractor by fleet size, has expanded its footprint in the Gulf Cooperation Council (GCC) with a multi-well assignment off the coast of Oman. The post Arabian Drilling set to kick off rig ops offshore Oman before quarter-end appeared first on Offshore Energy .
Membership Required: Standard Free You need to be a Standard member to access this content. Our standard membership includes: Free access to all ship.energy news stories on the website Free access to all ship.energy podcasts The ship.energy daily news report, delivered to your inbox A listing of global industry events, moves, seminars, workshops and conferences Daily bunker prices from 6 key ports A premium membership (£295 per year) is also available which includes access to Bunkerspot magazine, the Bunkerspot news archive (10 years), exclusive ship.energy Industry insights, and delegate disc
Turkey, a key US ally and Iran’s third-largest trading partner, is at risk of losing a key energy supplier if Washington makes good on a threat to economically isolate Tehran.
Seven crude carriers were moored at Iraq’s Persian Gulf export facilities on August 24—a sharp increase from recent weeks. The carriers had a combined carrying capacity of roughly 13 million barrels, according to satellite imagery analyzed by Bloomberg. TankerTrackers.com separately said it counted and identified 13 million barrels loading Monday at Iraq’s Al Basrah Oil Terminal. That is a dramatic departure from the past several weeks, when satellite passes typically showed just one or two tankers at Iraq’s offshore export…
Red Sea Gateway Terminal (RSGT), Saudi Arabia’s leading terminal operator, and CMA CGM Group, a global player in sea, land, air and logistics solutions, yesterday signed definitive agreements to jointly develop and operate Terminal 4 at Jeddah Islamic Port, in collaboration with Saudi Ports Authority (Mawani), marking one of the largest foreign direct investments in ...
The United States is moving to make nuclear propulsion part of its commercial maritime revival. The U.S. Department of Transportation’s Maritime Administration (MARAD) and CORE POWER (US) Inc. (CORE POWER) today announced a first-of-a-kind federal-private cooperation framework to accelerate the commercial, industrial and regulatory pathway for a future fleet of U.S.-flagged nuclear-powered merchant ships. CORE ...
U.S. offshore engineering and construction player McDermott has won an engineering, procurement, construction and installation (EPCI) assignment for a gas development project off the coast of the United Arab Emirates (UAE), enabling it to deliver one of the Middle East’s heaviest offshore topsides. The post McDermott clinches over $1 billion EPCI job for ADNOC’s $6.2B giant gas project appeared first on Offshore Energy .
A significant number of independent contractors who deliver and collect mail for the U.S. Postal Service lack security clearances, engage in unsafe driving practices or don’t possess required English skills, threatening mail integrity, public safety, finances and the brand’s reputation, according to an audit by the organization’s inspector general. The Postal Service contracts with individuals or companies, who supply their own vehicles, to provide mail service for homes and businesses, primarily in rural and underserved areas. In fiscal year 2025, the Postal Service had more than 8,273 active