Democrats clashed with the Maritime Administration over the Trump administration's $2.6 billion FY 2027 maritime budget proposal, questioning whether a key $1.4 billion trust fund will ever materialize while blasting the president's Jones Act waiver as an attack on the domestic industry.
Barge operators are riding strong demand and tight supply, but steel prices, trade volatility, and a mariner shortage are keeping the industry on edge.
Delfin Midstream Inc. committed $5 billion to deploy the first floating liquefied natural gas export facility in the United States. It will be the largest of any FLNG project globally.
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