What changed this week that maritime executives should pay attention to. 1. Offshore Wind Weakness Is Not Producing the Marine Capacity Glut Many Expected A year ago, much of the industry expected the slowdown in U.S. offshore wind development to release substantial vessel and fabrication capacity back into the broader marine construction market. That has… Read More
By Mike Schuler Opposition to the Trump administration’s sweeping Jones Act waiver extension is continuing to widen, with top House labor lawmakers now joining a growing coalition of maritime unions, domestic operators, and industry groups warning the policy is undermining the U.S. shipping industry while failing to lower fuel prices. In a statement released Thursday, Congressional Labor… Read More
By Capt. Abhinandan Prasad MNI In recent years, advances in computing — from artificial intelligence to adaptive learning systems — have shown how algorithms can transform the way we work and, more importantly, the way we learn. In maritime education, where hands-on practice is just as important as conceptual classroom theory, the potential for algorithms… Read More
Global law firm K&L Gates LLP advised American Maritime Partnership, a trade association representing US-flag vessel operators, on the successful defense of a constitutional challenge to the Jones Act in federal court. The Jones Act has been a cornerstone of US maritime law for more than a century, governing domestic waterborne commerce and national maritime policy. The K&L Gates team… Read More
HOUSTON–(BUSINESS WIRE)– Tidewater Inc. (NYSE:TDW) announced today revenue for the three months ended March 31, 2026 of $326.2 million, compared with $333.4 million for the three months ended March 31, 2025. Tidewater’s net income for the three months ended March 31, 2026, was $6.1 million ($0.12 per common share), compared with net income of $42.7 million… Read More
(HOUSTON) ABS has appointed U.S. Coast Guard Rear Admiral (Retired) Ronald J. Rábago as Senior Vice President of Government Services, further strengthening its leadership in support of government maritime programs worldwide. “Admiral Rábago brings exceptional government and industry experience that will further enhance the support we provide to our government clients in the U.S. and around… Read More
On April 1st, DSC Dredge welcomed Chris Baldwin as Vice President of Sales and Marketing. Baldwin brings 15 years of experience in the maritime industry, with a strong background in commercial leadership and business growth. Prior to joining DSC, he served as Commercial Director for a harbor tug service provider, where he played a key… Read More
PORTLAND, Ore.–(BUSINESS WIRE)–Panthalassa, a renewable energy and ocean technology company, today announced $140 million in Series B financing led by Peter Thiel, with participation from new investors John Doerr, Marc Benioff’s TIME Ventures, Max Levchin’s SciFi Ventures, Susquehanna Sustainable Investments, Hanwha Asset Management (USA)’s venture fund, Anthony Pratt, Fortescue Ventures, Future Positive, WTI, Nimble Partners,… Read More
Japan’s port strategy: control the system, not just the project The Matarbari deep-sea port in Bangladesh has now moved into execution, with dredging underway by a Penta-Ocean Construction / TOA Corporation JV. The award itself is old news — the shift to active work is what matters. The bigger story is the structure behind it. Through the Japan International… Read More
By Mackenzie Eaglen (American Enterprise Institute) and Rep. Filemon Vela Jr. (D, Texas) The Navy’s challenges transcend this presidency and ordinary political churn. For decades shipbuilding was underfunded while maintenance, dry docks, and munitions also lagged. The result is strained at every layer, with future readiness sacrificed to meet today’s crisis. Shipsbreakdown, sailors have to… Read More
Eastern Shipbuilding Group, Panama City, Fla., is working with Gulf County to develop a maritime training academy aimed at building a local pipeline of skilled labor, as workforce constraints continue to challenge shipbuilders across the industry. The planned Gulf County and Eastern Shipbuilding Group Maritime Academy will be located adjacent to the company’s Port St…. Read More
LONDON and WASHINGTON, April 30, 2026 /PRNewswire/ — Windward, the leading Maritime AI™ company, announced the appointment of Ron Kraitsman as Chief Financial Officer (CFO). Kraitsman brings over 25 years of financial leadership experience scaling high-growth SaaS companies and will play a key role in supporting Windward’s continued global expansion across commercial and government markets. Kraitsman joins Windward… Read More
ABS, through its affiliate ABSG Consulting Inc. (ABS Consulting), has today announced the acquisition of RMC Global (RMC), a leading provider of industrial cybersecurity, risk management and resiliency solutions. The acquisition strengthens ABS Consulting’s capabilities and market position, bringing together two organizations with complementary expertise, shared values and a common mission. Combining RMC’s capabilities with… Read More
Seeking a vessel tailored to meet the demands of the five-year $807 million Port of Alaska Modernization Program (“PAMP”) Terminal 1 (“T1”) Replacement project and future endeavors, Manson retrofitted the derrick barge WOTAN. Enhancing the vessel’s capabilities the retrofit included modifications to the crane boom, construction of a new crane housing, installation of two Tier… Read More
The Fire Island to Montauk Point project was recognized with the Award of Merit in Water/Environment and the Excellence in Safety award at the ENR New York Best Projects Awards. Working with the U.S. Army Corps of Engineers, New York District, our team strengthened a vulnerable stretch of shoreline protecting the Westhampton and Cupsogue communities…. Read More