Latest News - page 25


Texas ports begin resuming operations after winter storm

Jan 22, 2025

Several Texas ports began to resume operations on Wednesday, after winter storm Enzo moved out of the state, according to ports and a shipping notice seen by Reuters.The port of Freeport had resumed vessel operations on Wednesday morning, while…

Lyondell to begin closure of Houston Refinery this weekend

Jan 22, 2025

LyondellBasell Industries will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, said people familiar with plant operations.Layoffs of up to 400 employees at the refinery are scheduled to begin two months after the shutdown begins…

NAWE Urges Quick Confirmation of Sean Duffy to Lead DoT

Jan 22, 2025

The National Association of Waterfront Employers (NAWE), the leading organization representing U.S. marine terminal operators and stevedores, has expressed its support for the confirmation of Sean Duffy as the Secretary of the U.S. Department of Transportation (DOT)…

IMO Secretary-General weighs in on release of Galaxy Leader crew

Jan 22, 2025

Secretary-General of the International Maritime Organization (IMO) Mr. Arsenio Dominguez has welcomed the release of the crew of the MV Galaxy Leader, after more than a year in captivity.The Secretary-General issued the following statement:…

ICS Addresses Release of Galaxy Leader crew

Jan 22, 2025

Statement from Guy Platten, International Chamber of Shipping Secretary General, following the release of the Galaxy Leader crew:We welcome the news of the Galaxy Leader crew being released today and that they will be reunited with their families…

Schottel's SRP-D Efficiency Confirmed

Jan 22, 2025

The increased performance of the SCHOTTEL RudderPropeller Dynamic SRP-D has once again been confirmed by external sources. At the request of the Dutch Damen Group, the Maritime Research Institute Netherlands (MARIN) carried out extensive research…

Oil Tanker Vessel Deliveries Plummet 74% in '24

Jan 22, 2025

“In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight tonnes (DWT), joined the fleet. Compared to 2023, the capacity delivered dropped by 74%,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO…

Wallenius Wilhelmsen Opens its Brunswick Terminal

Jan 22, 2025

Wallenius Wilhelmsen has marked the official opening of its South Atlantic hub - the Brunswick terminal, Equipment Processing Center (EPC) and Vehicle Processing Center (VPC). The grand opening marks another strategic investment for the Wallenius…

Vantage Automation v7.2: Next-Level Control for Superior's Cones

Jan 21, 2025

Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and handling systems, announces the release of Vantage Automation version 7.2, the latest evolution of its cone crusher control platform.Designed…

Louis Sola Designated FMC Chairman

Jan 21, 2025

President Donald J. Trump has designated Louis E. “Lou” Sola to serve as the Chairman of the Federal Maritime Commission (FMC).The designation was made on January 20, 2025. Chairman Sola has served as a Commissioner of the FMC since January 2019…

New GAO Report addresses Maritime Cargo Security

Jan 21, 2025

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…

U.S.-Flag 2024 Cargo on Lakes Down 6.3 PCT

Jan 21, 2025

U.S.-flag Great Lakes freighters (lakers) moved 76.3 million tons of cargo in 2024, a decrease of 6.3 percent compared to 2023. The 2024 float was 4.6 percent below the fleet’s 5-year average.Compared to 2023, salt shipments increased by 5.8 percent while sand shipments increased by 15…

Suez Chair: Canal Expansion to be operational Q1 2025

Jan 21, 2025

The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on Tuesday.In a statement, Rabie said the navy would reissue navigational maps after adding the 10-km (6…

ABS grants AiP for HD KSOE's Hydrogen Vacuum Insulation System

Jan 21, 2025

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has received ABS approval in principle (AIP) for a tank design that enables large-scale hydrogen transport and storage.The vacuum insulation system from HD KSOE is designed to reduce the time required to create a vacuum in large tanks…

ESAB Reminder for AWS Scholarship Application Deadline

Jan 21, 2025

For all welding students who want to focus on education and training rather than the burden of paying for school, ESAB reminds students that the deadline to apply for AWS 2025 Foundation national, district, and section scholarships is March 1…

Current News

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Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Bulls Joins TVO's Global Business Development Team

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