Latest News - page 279


Maritime Safety: ACR, Ocean Signal Develop New EPIRB with Integrated AIS

May 26, 2022

ACR Electronics and Ocean Signal announced the development of next generation EPIRBs.Introducing integrated AIS (Automatic Identification System) within their EPIRBs for the first time in conjunction with further new technology, ACR and Ocean…

Continued Investment Strengthens Key US Midwest Ports

May 25, 2022

More than a half a billion dollars in recent, current or expected improvements at three Midwestern ports will strengthen these facilities and reinforce their important roles in the global freight network. The significant investments at Port KC…

Dredging at JAXPORT’s Blount Island Marine Terminal Complete

May 25, 2022

The project to deepen 11 miles of the federal shipping channel from the sea buoy to JAXPORT’s Blount Island Marine Terminal to a depth of 47 feet from its previous depth of 40 feet has been completed. Federal, state, and local leaders joined…

Port of Virginia Ahead of Schedule on Carbon-neutral Goal

May 25, 2022

The Port of Virginia will be fulfilling all of its operational electricity needs from clean-energy resources by 2024 and in doing so, moves forward with its goal of becoming completely carbon-neutral by 2040.“We are taking this world-class operation…

TES Wilhelmshaven Import Terminal Deemed a 'Priority Project'

May 25, 2022

Tree Energy Solutions’ (TES) import terminal has been included in the list of priority projects supported by the German Government’s LNG Acceleration law. The law was passed by parliament on May 19th, 2022 and was approved by the Federal Council on May 20th…

World’s Biggest Port is Returning to Normal, but Supply Chains Will Get Worse Before They Get Better

May 25, 2022

Shanghai is slowly emerging from a grueling COVID lockdown that has all but immobilized the city since March. Although Shanghai’s port, which handles one-fifth of China’s shipping volumes, has been operating throughout, it has been running at severely reduced capacity…

Nina Østergaard Borris takes the helm at USTC

May 25, 2022

Nina Østergaard Borris, co-owner and current COO of United Shipping and Trading Company (USTC), takes on new responsibilities in the family-owned business as CEO, succeeding her father Torben Østergaard-Nielsen who will take over as Chairman of the Board of Directors for USTC…

US Inland Waterways: Big Money, New Projects, Help Wanted

May 24, 2022

New federal money promises dramatic impacts throughout the United States’ inland waterways system in 2022 and beyond. This report focuses on America’s central rivers; the Western rivers will be covered in a future report. These central rivers reach 11…

European Ports and Interferry Set Sustainability Priorities

May 24, 2022

A meeting between the European Sea Ports Organization (ESPO) and global trade association Interferry has agreed a common work programme to promote an environmentally sustainable future for the European ferry business through the provision and use of onshore power supply (OPS)…

BMT’s Hammock wins RINA’s David Goodrich Prize

May 24, 2022

Lisa Hammock, Environmental Protection and Sustainability Managing Consultant, BMT, was awarded the David Goodrich Prize by the Royal Institution of Naval Architects (RINA). The prize, awarded annually and named after David Goodrich, a former president of RINA and one of the founders of BMT…

NYK to Invest in theDOCK’s Navigator II Fund

May 24, 2022

NYK  signed an agreement to invest in “Navigator II,” an investment fund managed by theDOCK, an Israeli venture capital firm specializing in maritime technology. Navigator II invests in and supports startup companies that research and develop innovative technologies in the fields of shipping…

Hydrotug: World's First Hydrogen-powered Tug Launched

May 23, 2022

Hydrotug, the world's first hydrogen-powered tugboat, has been launched at Armón Shipyards in Navia, Spain, marking a key milestone on the path toward wider adoption of the sustainable, climate neutral fuel in workboat applications.Remaining…

SOS (Save our Shipbuilding): Germany’s VSM Calls for Reduction of Dependence on China

May 23, 2022

As the geopolitical landscape continues to quickly transform with the Russia/Ukraine war, Europe's over-dependence on Russian energy has become painfully apparent. VSM – the German Shipbuilding and Ocean Industries Association that represents…

Ammonia-Fueled Tug Key Plank in Yokohama's Plan To Be a Carbon Neutral Port

May 23, 2022

NYK Line, IHI Power Systems Co., Ltd., and ClassNK signed a memorandum of understanding (MoU) with City of Yokohama for the acceptance of an ammonia-fueled tugboat (A-Tug) at the port of Yokohama.The conclusion of this MoU is part of the Green…

Egypt Expects Suez Canal Annual Revenues to Hit $7 Billion

May 22, 2022

Egypt expects the Suez Canal's revenues to reach about $7 billion by the end of the current fiscal year, finance minister Mohamed Maait said on Saturday.Tourism revenues are expected to reach between $10 billion and $12 billion by then, despite the Ukrainian crisis…

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