A proposal to create a new international U.S. ship registry domiciled in the U.S. Virgin Islands aligns with President Donald Trump’s efforts to strengthen the country’s maritime industry and has support from the territory, its governor said.
https://gcaptain.com/proposal-to-base-u-s-ship-registry-in-virgin-islands-gets-governor-support/
The U.S. Coast Guard has announced significant changes to streamline the certification process for foreign vessels seeking to join the American Registry. The updated Navigation and Vessel Inspection Circular (NVIC)…
https://gcaptain.com/coast-guard-eases-reflag-rules-to-bolster-u-s-flag-fleet/
Crowley Maritime Corporation raised the U.S. flag today on the LNG carrier American Energy, marking a significant milestone as the first domestic vessel to transport U.S.-sourced liquefied natural gas to…
A bicameral group of lawmakers has introduced legislation to transfer the administration of the Food for Peace Program from USAID to the U.S. Department of Agriculture (USDA), a move that…
American Roll-On Roll-Off Carrier Group (ARC) has announced the addition of M/V ARC Endeavor to its U.S.-flag fleet. The vessel was reflagged to American registry on September 27th in the…
https://gcaptain.com/arc-expands-u-s-fleet-with-reflagging-of-m-v-arc-endeavor/
“We made progress on all of our key objectives since our report for the second quarter,” said Sam Norton, president and CEO of Overseas Shipholding Group (NYSE: OSG) as the U.S.-flag tanker and ATB operator reported its results for the third quarter “Adjusted EBITDA increased by more than 20% from the second quarter. We completed transactions to repurchase the equivalent of 7.2 million shares, returning nearly $30 million to our shareholders. We took steps to add additional earning assets to...
https://www.marinelog.com/news/osgs-sam-norton-our-business-plan-is-working/
A coalition of American maritime and transportation unions have voiced their strong opposition to a proposal to create a secondary U.S. flag fleet that could be manned with foreign crews….
https://gcaptain.com/american-maritime-unions-slam-proposal-second-us-flag/
For decades, American-produced food has played a central role in the foreign aid strategy of the United States, with a focus on combating worldwide hunger. The Food for Peace initiative,…
President Biden’s $1.5 trillion federal spending bill includes funds for ten tankers and two cable layers to be added to the U.S. Maritime Administration’s Tanker Security Program and Cable Security…
https://gcaptain.com/american-sealift-capacity-booster-shot/
A new U.S. Virgin Islands open ship registry was officially launched Tuesday during an event at the National Press Club in Washington, D.C. The ship registry is part of a…
https://gcaptain.com/new-u-s-virgin-islands-open-registry-officially-launched/