Norwegian headquartered Crown LNG is racing against time to develop and start construction of a liquefied natural gas export plant in the U.S. before President-elect Donald Trump's second term ends in 2029, its CEO Swapan Kataria said.'We were sincerely hoping that he would be there to support the industry because certainly the old administration was against it, quite simply,' said Kataria on Tuesday in an interview with Reuters…
The Los Angeles port is expecting a 35% drop in cargo from Asia next week, Gene Seroka, the port's executive director, said in a CNBC interview on Tuesday.'It's a precipitous drop in volume with a number of major American retailers stopping all shipments from China based on the tariffs…
GAO-25-106953, published today, says, 'Additional Efforts Needed to Assess the Effectiveness of DHS's Approach.'Fast FactsThe U.S. economy depends on the efficient flow of millions of tons of cargo each day throughout the global supply chain…
Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 billion program with the international lender, Finance Minister Ahmed Kouchouk said on Sunday.Last month, the IMF said…
House Committee on Oversight and Accountability has released an interim staff memorandum providing an update on the Committee’s ongoing investigation into the United States Coast Guard (USCG) following allegations of pervasive sexual assault and misconduct…
HII’s Ingalls Shipbuilding division and the U.S. Department of Labor’s Job Corps program, partnered to host a two-day recruiting event to offer students a direct career path to a job in the shipbuilding industry. The event attracted over 120…
Freight trade is ramping up considerably in the run-up to the U.S. presidential election amid fears over rising protectionism in the world's biggest economy, the head of German logistics company HHLA said in a media interview published on Wednesday…
From decarbonization to geopolitical conflicts, German shipowners have a seat front and center to the prevailing trends driving global shipping. For insight and perspective, Martin Kröger, CEO, German Shipowners Association (VDR), joined Maritime…
Mazda Motor will probably have to temporarily move shipments to another port from Baltimore to avoid delays, the automaker's CEO said in a CNBC interview.The Port of Baltimore ranks first in the U.S. for volume of autos and light trucks and…
The U.S. Department of Transportation’s Maritime Administration (MARAD) and the American Association of Port Authorities (AAPA) announced they are surveying port authorities and marine terminal operators to identify national port cargo handling needs over the next five to 10 years…
U.S. officials have begun informal talks to prepare for new negotiations on the North American Free Trade Agreement (NAFTA), David Cohen, the country's ambassador to Canada, told CBC News in an interview published Saturday.'On the U.S. side…
The Dutra Group, based in San Rafael, Calif., has been awarded a contract to perform maintenance dredging in Brooklyn, N.Y.The $9,639,000 firm-fixed-price contract was awarded by the U.S. Army Corps of Engineers New York District. Dutra was one of four bidders for the project…
San Rafael, Calif. based dredging and marine construction contractor The Dutra Group was awarded a $67,478,100 dredging contract from the U.S. Army Corps of Engineers.Under the firm-fixed-price award, Dutra will perform dredging by hopper or…
As Patrick Ryan assumes the top tech exec spot at ABS, Maritime Reporter TV interviewed him on the eve of the announcement. While shipowners face multiple technology challenges ahead, Ryan said a top priority is the bridging of technology from the fundamental phase into operational solutions…
Brazilian port operator CLI concluded the payment of 1.4 billion reais ($263.43 million) on Monday to railway company Rumo SA for control of a grain terminal in Santos port, the company said.The deal is being funded by the acquisition of a 50% stake in CLI…
