Articles
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5 days ago |
dredgewire.com | Lisa Parker
Posted on May 9, 2025 Incat has launched its Hull 096, which is claimed to be the largest battery-electric ship in the world, at its Hobart shipyard in Australia. Constructed for the South American ferry operator Buquebus, the vessel’s launch represents the ninth collaboration between Incat and Buquebus. At 130m long, Hull 096 is not only the largest electric ship but also the largest electric vehicle of its type ever constructed, according to the company.
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5 days ago |
dredgewire.com | Lisa Parker
Posted on May 9, 2025 Danish logistics conglomerate A.P. Moller-Maersk (Maersk) reported a significant improvement in its first-quarter 2025 performance, with revenue growing 7.8% to USD 13.3 billion and EBIT surging to USD 1.3 billion from USD 177 million in the previous year.
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5 days ago |
dredgewire.com | Lisa Parker
Posted on May 9, 2025 The advanced legislation reforms the Gulf of Mexico* Energy Security Act by increasing the revenue sharing cap by $150 million yearly for the next decade. BATON ROUGE, La. – The Louisiana Coastal Protection and Restoration Authority (CPRA) Chairman Gordon Dove applauds Majority Leader Steve Scalise (R-La.) and the House Committee on Natural Resources for the passage of an increase to revenue sharing through the Gulf of Mexico* Energy Security Act (GOMESA).
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1 week ago |
dredgewire.com | Lisa Parker
Posted on May 7, 2025 WASHINGTON — The Trump administration has nominated Stephen Carmel, an executive with Maersk Line Ltd. (MLL), to head the U.S. Maritime Administration, according to documents filed in the U.S. Senate on Tuesday. Carmel replaces Brent Sadler, who had been tapped in March to lead the agency but had yet to undergo a nomination hearing in the Senate. No reason was given as to why Sadler’s nomination was withdrawn. FreightWaves has contacted the Senate for comment.
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1 week ago |
dredgewire.com | Lisa Parker
Posted on May 7, 2025 President Donald Trump has switched nominees for the post of Maritime Administrator, withdrawing the nomination of Capt. Brent Sadler (USN, ret’d) and substituting Capt. Stephen Carmel, a former Maersk Line Ltd. executive with decades of commercial maritime experience. No formal announcement was made for the change; MARAD has been without a confirmed leader since former administrator Adm. Ann Phillips’ resignation in mid-January.
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