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Port of New Orleans wins $1 Million EPA Grant
The Port of New Orleans (Port NOLA) announced that it has been awarded $1,000,000 from the Environmental Protection Agency (EPA) for its Louisiana International Terminal (LIT) Sustainability Management Plan (SMP)."This funding is a crucial investment in Louisiana’s future, supporting sustainable infrastructure and creating meaningful opportunities for our communities. The Louisiana International Terminal…
Dozens of tankers drop hook as US sanctions bite
At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions package on Jan. 10, ship tracking data showed on Monday.Five of those tankers were stationary off Chinese ports and a further seven dropped anchor off Singapore, with others halting near Russia in the Baltic Sea and the Far East, according to Reuters' analysis based on MarineTraffic and LSEG ship tracking data.The U.S.
Capesize carries Baltic Index to One-month High
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit more than a one-month high on Monday on the back of higher capesize rates.The index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 45 points at 1,093 points, its highest level since Dec. 11.The capesize index rose 167 points to 1,615 points, a six-week peak.
Brig USA, Fluid Marine name Herndon President
Brig USA and Fluid Marine announced today that Carl Herndon was recently named company President.Herndon will lead Brig USA’s recreational Rigid Hull Inflatable Boat (RHIB) division as well as Fluid Marine’s Patrol, Search and Rescue (SAR) and Swift Water Rescue (SWR) boat sales and production.Herndon joins Brig and Fluid as the company expands its market reach, providing Brig recreational RHIBs via nationwide dealers and Fluid patrol boats to state…
Ostseestaal/Ampereship will build all-electric ferry
Stralsunder Ostseestaal GmbH & Co. KG has been commissioned by Hafenprojektgesellschaft Helgoland mbH with the development and construction of an all-electric ferry.The so-called dune ferry will connect the German North Sea island of Heligoland with the neighbouring island of Dune. It will replace the ‘Witte Kliff’ ferry, which has been operating on the approximately one kilometre-long route since 1997 and is powered by conventional marine fuel.
An (Electric) Jolt for the Passenger Vessel Industry
The domestic passenger vessel answers the call for cleaner and more efficient platforms. It is truly an electric time to be a part of this niche industry.In the shadow of a rapidly changing political landscape, the domestic passenger ferry sector is nevertheless seeing an increasing number of newbuild vessel orders. Older fleet vessels, some approaching financial and operational obsolescence – also…
Fincantieri and Hera Group Set Up Unit for Shipyards Waste Management
Fincantieri and Hera Group have established CircularYard, a new company aimed at developing an innovative integrated waste management system in Fincantieri's eight Italian shipyards with an approach based on the circular economy.The result of a partnership between the multi-utility and the leading global shipbuilding company, the new company aims to oversee and improve the entire waste management process at all Fincantieri shipyards in Italy and…
Newbuild Tug Joins McAllister Towing’s Fleet
New-York-based McAllister Towing and Transportation Company has welcomed a newbuild tractor tug to its fleet under the name of Isabel McAllister.The christening and the launch ceremony for the newbuild tug took place earlier in January, according to an update shared by Brian Buckley McAllister, President at McAllister Towing.Built by Washburn and Doughty Associates, the tug is rated at 6,770 horsepower…
Scienco/FAST, UniBallast Parnter to Launch the InTankFITT Container BWTS
Scienco/FAST and UniBallast, B.V. launched the portable InTankFITT Container, a containerized version of its filterless Ballast Water Treatment System (BWTS), InTank.Designed to address the growing regulatory and operational challenges in ballast water management, this solution is designed to be:Compact and Portable Design: The containerized system is preassembled and housed within a shipping container…
Brazil’s President Authorizes Offshore Wind Development
Brazilian President Luiz Inacio Lula da Silva has signed into law a bill authorizing the development of offshore wind farms, a statement said late on Friday, a bid to strengthen the country's energy security and spark a wave of investment.The new law foresees incentives for the development of offshore energy projects in Brazilian territorial waters, the statement said.Offshore wind speeds tend to be faster and steadier than on land…
New Sanctions Expected to Have Severe Consequences for Russia
Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on Russian producers and ships curb supplies to Moscow's top customers, traders and analysts said.The U.S. Treasury on Friday imposed sanctions on Russian oil producers Gazprom Neft and Surgutneftegas, as well as 183 vessels that have shipped Russian oil…
Germany Secures Drifting Tanker off Baltic Coast
A tugboat has stopped a tanker carrying around 99,000 metric tons of oil from Russia from drifting out of control off Germany's Baltic Sea coast near the island of Ruegen…
NRF: Import Cargo to Remain Elevated in January
A potential strike at East Coast and Gulf Coast ports has been avoided with the announcement of a tentative labor agreement, but the nation’s major container ports have already seen a surge in imports that is expected to continue because of potential increases in tariffs, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.“The new contract brings certainty and avoids disruptions…
Navarino Expands Maritime Connectivity Portfolio with Castor Marine Acqusition
Maritime communications and connectivity company Navarino Group has acquired Dutch internet connectivity and IT solutions provider to the maritime industry Castor Marine.Castor Marine will continue to operate independently within the Navarino Group, leveraging additional resources to expand its capabilities. Customers can expect uninterrupted service as well as access to an expanded portfolio of solutions.Key benefits of the deal include an expanded service portfolio…
Taiwan Navy Showcases Top Ships in Drills
Taiwan's navy simulated on Thursday an effort to see off enemy ships as it wrapped up three days of New Year drills, sending two of its newest and most advanced warships to lead a flotilla into the Taiwan Strait.China, which views democratically governed Taiwan as its own territory, sends its air force and navy into the skies and waters near the island on a daily basis in what the government in Taipei…
Denmark Admits Neglecting Greenland Defense
Denmark acknowledged on Thursday it had long neglected the defense of Greenland, a vast and strategically important Arctic island, after President-elect Donald Trump said acquiring the Danish sovereign territory was vital for U.S. security.Trump, who takes office on Jan. 20, said this week that U.S. control of Greenland was an "absolute necessity" and did not rule out using military or economic action…
US Container Imports Strong, For Now
Descartes Systems Group has released its January Global Shipping Report, highlighting the continuing a trend of higher year-on-year container volumes throughout 2024.December 2024 U.S. container import volumes closed at 2,367,271 TEU, just shy of the 2.4 million TEU threshold that has typically strained port capacity. Despite elevated volumes, overall transit delays decreased across the top 10 U.S.
Wide Agreement for Proposed GHG Emissions Pricing Mechanism
The International Chamber of Shipping (ICS) has joined 47 governments in a joint submission to the final round of negotiations at the IMO on a GHG emissions pricing mechanism for international shipping.The joint text is supported by major shipping nations such as Greece, Japan, Korea and the United Kingdom, the world’s largest flag States including Bahamas, Liberia, Marshall Islands and Panama, all EU States (and the European Commission)…
OP/ED: When it Comes to Offshore Energy, Be Careful What You Wish For
You just might get it.In the waning days of the Biden administration, the executive orders and such that get announced seemingly on a daily basis signal countless victories for that side of the equation. And, no matter which side of that great divide that you reside on, it is likely that some of those edicts will be quickly reversed by the incoming President. Of course, much of this is likely irreversible.
West P&I fully acquires Nordic Marine
West P&I Club announced the full acquisition of Nordic Marine Insurance (Nordic), a leading provider of fixed premium insurance for the marine industry, specializing in Delay Insurance, Primary Loss of Earnings, Hull and Machinery (H&M), Loss of Hire, Maritime Lien solutions and other specialist insurance products.West P&I initially acquired a significant stake in Nordic in 2020. The two organisations have worked closely together since then…
Video: CMA CGM's New 20,600 TEU Containership
Baltic Workboats Delivers New Launch for the Laurentian Pilotage Authority
Cyber Security to the Fore as New Coast Guard Rules Loom
SAFE Boats Debuts 41-ft. Offshore Interceptor in New Orleans
MJP Debuts New WaterJet
Brunswick Introduces New RHIB
IMO 2020: New Rules Demand New Solutions
Sterling PBES Launches a New Maritime Cartridge Battery Solution
LR - Fit for 55: Managing compliance and optimising operations
New BAE Jacksonville Shiplift is on Track to Start Ops in ’25
