The Port of Coos Bay is advancing a $2.3 billion international shipping terminal and rail project, set to generate thousands of jobs and boost economic growth on Oregon’s south coast. With major state and federal investments, the terminal could open as soon as 2030.
The Coast Guard has secured over $24 billion in historic investments to modernize its fleet, infrastructure, and technology, supporting Force Design 2028 and strengthening America’s maritime security for decades to come.
Norway’s Enova program has allocated $76 million to support hydrogen and ammonia-powered ships and infrastructure, advancing maritime decarbonization and fostering new green industries in Norway.
The U.S. Coast Guard is renaming its nine operational districts with geographic names, moving away from World War II-era numbers to enhance clarity and public communication.
Fincantieri will appoint George Moutafis as CEO of its U.S. unit, betting on a revival of American shipbuilding as the company expands hiring and plans to resume icebreaker construction at its Wisconsin shipyard.
USACE will begin 24/7 mechanical clamshell dredging in Grays Harbor, Inner Harbor, Washington, on July 16, 2025, improving navigation safety for local boaters and supporting regional commerce. Waterway users are advised to keep clear of dredging areas.
Washington State Ferries has awarded a $714.5 million contract to Eastern Shipbuilding Group to build three 160-vehicle hybrid-electric ferries, advancing the state’s push for greener, more reliable maritime transportation.
U.S. seaborne grain exports climbed 9% in early 2025, as exporters shifted focus to new markets after Chinese tariffs slashed trade volumes. Despite overall growth, tonne mile demand dropped due to shorter shipping routes and continued challenges for soya bean and sorghum exports.
The World Shipping Council’s annual report shows 576 containers lost at sea in 2024—well below the 10-year average—despite increased risks from rerouted vessels around the Cape of Good Hope due to Red Sea disruptions.
The Indian Navy’s INS Tabar is leading firefighting efforts on the MT Yi Cheng 6 in the Gulf of Oman, after the tanker suffered a major engine room fire and power failure. Naval teams have reduced the fire’s intensity, highlighting the importance of maritime safety operations in this key shipping corridor.
