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…
Retlif Testing Laboratories, a globally recognized, independent EMC/EMI and environmental testing organization, welcomed New York State Congressman Andrew Garbarino to its secure facility for an escorted tour of their EMC (Electromagnetic Compatibility)…
The Port of Virginia and the US Army Corps of Engineers today signed the agreement committing the federal government to begin its financial investment in the construction effort to widen and deepen the commercial shipping channels and Norfolk Harbor…
Port of Oakland cargo volume is down in 2022, a consequence principally of China’s COVID crackdown and its ripple effect on ocean carrier scheduling.The port reported today that total volume through April dropped 7% from the same period a year ago…
The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), announced the launch of Smart Port Challenge (SPC) 2022 under Port Innovation Ecosystem Reimagined…
The Port of Savannah handled 495,782 twenty-foot equivalent container units last month, a record for the month of April and the Georgia Ports Authority’s third busiest month ever. GPA’s Garden City Terminal now handles nearly one out of every nine loaded containers crossing the nation’s docks…
The U.S. Department of Transportation announced that Rear Admiral (Rear Adm.) Ann Phillips, USN, Ret., has been confirmed and sworn in as the 20th Administrator of the Maritime Administration (MARAD). Nominated by President Biden on October 21…
Keep crews safe and productive with these important remindersForklifts are one of the many the workhorses of a facility or loading dock. They bring countless benefits to operations but can introduce numerous hazards, too. Fortunately, the hazards posed by forklifts can be mitigated…
McDermott announced it has been awarded a contract by ADNOC to provide front-end engineering design (FEED) services for the new Fujairah Liquefied Natural Gas (LNG) facility. Located approximately 155 miles (250 km) from Abu Dhabi, UAE, the…
Stolt Tankers has signed a memorandum of understanding (MOU) with the Port of Rotterdam Authority and Vopak Botlek to conduct a six-month feasibility study for the use of shore-based power for chemical tankers calling at Vopak’s Botlek terminal…
As the maritime industry increasingly moves towards propulsion solutions that help cut emissions, battery technology is increasingly taking center stage on a number of ship, boat and offshore energy installations. Leading the charge are a number of battery manufacturers globally…
The U.S. Army Corps of Engineers (USACE), Buffalo District awarded a $4,565,000 contract to Michigan-based Ryba Marine Construction Company on May 17 to conduct dredging of the federal navigation channel in Toledo Harbor and the Maumee River…
In a statement submitted to the Special Tripartite Committee (STC) meeting held last week, SRI, the international pan-industry body researching maritime and seafarers’ law, called for more States to ratify the Maritime Labor Convention (MLC) to ensure a level playing field in the shipping industry…
Braemar signed a seven-year contract with the UK’s Ministry of Defence (MOD) to provide global shipbroking services across all commercial maritime sectors. Under the contract, Braemar will provide the MOD with access to its S&P, chartering and research departments across Braemar’s 14 global offices…
CGG announced today that Sercel, its Sensing & Monitoring division, has acquired Geocomp Corporation, specialized in high-value services and products for geotechnical risk management and infrastructure monitoring. This acquisition gives Sercel…