Latest News - page 71


RAK Ports Become First PSMC-Certified in UAE

Jan 07, 2025

RAK Ports, a group of five ports located in the United Arab Emirates, has become the first in the region to achieve compliance with the Port Marine Safety Code (PMSC), the UK standard for port marine safety.Although RAK Ports operates outside of the UK…

US Port Labor Talks Resume with Spotlight on Automation

Jan 06, 2025

Contract talks covering 45,000 dockworkers on the U.S. East and Gulf Coasts are set to restart on Tuesday in a labor dispute that will help set the pace of automation at ports stretching from Maine to Texas.The International Longshoremen's Association…

Amid Falling Suez Canal Revenue, Egypt to get $1.2 bln IMF Boost

Jan 06, 2025

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…

BoatUS' Sensenbrenner Appointed to NBSAC

Jan 06, 2025

Ted Sensenbrenner, BoatUS Foundation Director of Boating Safety, has been appointed by Director of Homeland Security Alejandro Mayorkas as a Representative to the National Boating Safety Advisory Committee (NBSAC).A coalition of recreational boating safety…

Norris Joins Shipbuilder as New Marine Fabrication Vice President

Jan 06, 2025

Vigor announced that Mark Norris has joined the company as Vice President of Marine Fabrication, to be based in the company's Vancouver, Washington facility.Vigor is currently in production on the Maneuver Support Vehicle (Light), or MSVL, the U…

US Port Labor Talks to Resume on Tuesday

Jan 06, 2025

Contract talks covering 45,000 dockworkers on the U.S. East and Gulf Coasts are set to restart on Tuesday in a labor dispute that will help set the pace of automation at ports stretching from Maine to Texas.The International Longshoremen's Association…

Additional Sanctions Possible for Russian Oil tankers

Jan 06, 2025

The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying Russian crude, three sources with knowledge of the matter said.President Joe Biden's…

Philippines' Maritime, Air assets to watch China's 'monster ship'

Jan 06, 2025

The Philippines has deployed air and sea assets of its military and coast guard in its exclusive economic zone to monitor China's largest coast guard vessel, calling the ship's presence an act of Chinese 'intimidation, coercion and aggression'…

Baltic Index Snaps 5-session Winning Streak

Jan 06, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped its five-session winning streak on Monday, pressured by weaker rates across capesize and supramax vessel segments.The index…

Ship Brokers: EU's clean fuel rules 'Inflationary'

Jan 06, 2025

European Union marine fuel rules, effective from Jan. 1 as part of efforts to cut emissions, will raise shipping costs, although firms with vessels that can run on alternative fuels, such as biodiesel and LNG, will benefit, two shipbrokers said…

USCG's MERPAC announces Advisory Committee Meeting

Jan 06, 2025

The Office of Merchant Mariner Credentialing is hosting an intersessional meeting of the National Merchant Marine Personnel Advisory Committee (NMERPAC) subcommittee on task 24-3 Operator of Remote-Controlled Survey Vessels of 65' or less.The…

LNG Supply to EU Confirmed After End of Russian Supply

Jan 05, 2025

December 31, 2024, marked the end of the Russian gas transit agreement via Ukraine, and an extraordinary meeting of the EU’s Gas Coordination Group has confirmed that, thanks to efficient preparatory work, there are no supply security concerns in the EU…

PDVSA 2024 Oil Exports Climb in Choppy Year

Jan 03, 2025

Venezuela's oil exports rose 10.5% last year despite political instability and changes to the U.S. sanctions regime on the country, as partners of state oil company PDVSA took more cargoes under licenses granted by Washington.As President Nicolas…

Green Technology & Alternative Fuel Uptake

Jan 03, 2025

Clarksons Research have today released their latest Green Technology Tracker, including full year 2024 data points, charting the progress of alternative fuel uptake and investments in energy saving technologies across the global shipping fleet…

Wärtsilä makes Dow Jones Sustainability Index Again

Jan 03, 2025

Technology group Wärtsilä has been included as an index component of the Dow Jones Sustainability Index Europe (DJSI) for the ninth consecutive time.The company was assessed based on its 2023 performance and was ranked within the top four per…

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