Latest News - page 148


Maersk Anticipates Slower Growth Following Red Sea Crisis Surge

Aug 07, 2024

Maersk expects global container shipping growth to slow from a strong start to the year, when customers soaked up goods to prevent them from being held up by Red Sea attacks and other disruptions, it said on Wednesday.The Danish company, viewed as a barometer of world trade…

Ulsan Port Authority Makes Move on Alternative Marine Fuel Supply Chain

Aug 07, 2024

Ulsan Port Authority (UPA) signed an equity investment agreement worth $17.6 million with Hyundai Oil Terminal Corporation on August 1,  2024, to establish  Korea’s alternative marine fuel supply chain centered on Ulsan Port.The investment is…

India Tightens Ties to Russian Oil

Aug 07, 2024

“During the past three months, India has relied on Russia for 40% of its seaborne crude oil import. Year-to-date, volumes have reached an average of 1.6 million barrels per day (mbpd), an increase of 1000% compared to 2021, before Russia invaded Ukraine…

Record Exports from Australia’s Pilbara Ports

Aug 07, 2024

The Pilbara region of Australia has achieved a record 758.3 million tonnes of exports passing through its ports in the 2023-24 financial year.This marks the fifth consecutive year of record-breaking throughput for Pilbara Ports.The Port of Port…

Michigan Awards $5 Million for Maritime Infrastructure Projects

Aug 06, 2024

The Michigan Department of Transportation (MDOT) has revealed the winners of the 2024 Michigan Maritime and Port Facility Assistance Grant Program, which will allocate $5 million to maritime projects throughout the state.The five chosen projects aim to enhance Michigan's maritime infrastructure…

Greek Coast Guard Makes Million Dollar Cocaine Bust

Aug 06, 2024

Greek authorities have confiscated cocaine valued at more than 1 million euros ($1.10 million) that was hidden in a sea container for bananas, the coast guard said.The drugs, seized from a vessel in Piraeus port on Monday, were found with the…

IMO Launches Toolkit to Curb Insider Security Threats

Aug 05, 2024

The IMO has launched a new toolkit that will help the global maritime industry respond better to ever-evolving insider threats.Insider threat refers to the risk that arises from a maritime employee carrying out or enabling a security incident…

Simulation Training Profile: Chris Hearn, Memorial University

Aug 05, 2024

Memorial University in St. Johns, Newfoundland & Labrador, Canada, is a microcosm of how this unique regional cluster has parlayed its geographic locale and harsh, unique operating conditions into world leadership in the maritime, offshore energy and subsea tech spaces…

USACE Gives Update on Monongahela River Locks and Dam 3

Aug 05, 2024

The U.S. Army Corps of Engineers Pittsburgh District said it is expediting the opening of a 100-foot-wide navigation channel through the dam at Monongahela River Locks and Dam 3 near Elizabeth, Pennsylvania, by August 28.On July 15, the Monongahela River Locks and Dam 3 staff near Elizabeth…

Can You 'Hear' Good Engine Performance?

Aug 05, 2024

CM Technologies (CMT) added a fuel injection acoustic emission sensor to its PREMET X range of two- and four-stroke diesel engine performance indicators, allowing engineers to monitor the acoustic signature of a diesel engine’s fuel injection system to detect any problems with fuel injectors…

$540 Million Worth of Meth Seized in Port Botany

Aug 02, 2024

Australian authorities have made a major drug bust in Port Botany, uncovering a large shipment of methamphetamine in an inbound shipping container arriving from the United States.The discovery was made on July 22 when Australian Border Force…

Mitsui E&S Receives Order for 21 Container Cranes in Vietnam

Aug 01, 2024

Mitsui E&S Co. has received an order from Petro Vietnam Phuoc An Port Investment & Operation Joint Stock Company (PAP), an upcoming port operator funded by the Vietnamese government, for five ship-to-shore gantry cranes and 16 electric rubber-tired gantry cranes…

Old Hickory Lock Drained for Maintenance; More Than 50 Cracks Found

Aug 01, 2024

The Old Hickory Lock on the Cumberland River is scheduled to reopen to commercial marine navigational the coming days after being drained for inspection and maintenance.Workers with the U.S. Army Corps of Engineers Nashville District recently…

OPINION: Potable Water “on-the-cheap” in La Guajira, Colombia?

Aug 01, 2024

Potable water is indispensable for human life. Where potable water is plentiful, it is often taken for granted. But it should not be forgotten that potable water is indispensable for human life because billions people worldwide are experiencing fresh water shortages…

Senate Confirms Graham as Next USACE Chief

Aug 01, 2024

The U.S. Senate on Wednesday confirmed Major General William H. “Butch” Graham Jr. as the 56th chief of engineers and commanding general of the U.S. Army Corps of Engineers. Graham is currently serving as the deputy chief of engineers and deputy…

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