According to GMS, itt has been an increasingly static week in the Indian sub-continent ship recycling markets, especially after some early 2022 optimism displayed by a resurgent India in particular.Sales on various specialist units soared this…
The Biden administration on Wednesday said it will fund $14 billion in projects to improve the country's ports and waterways in an effort to increase climate resilience, improve drinking water sources and bolster the U.S. supply chain.The funds…
Containerized, loaded import cargo volume hit a new record at the Port of Oakland in 2021. The port on Thursday reported that it handled the equivalent of 1.05 million 20-foot import containers in 2021, the most in Oakland’s 94-year history and 6% above 2020 totals…
Gary Vogel, chief executive officer of Eagle Bulk Shipping Inc., has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2022.The 2022 Commodore Award, given each year to a person in the international maritime industry…
Global supplier of wind propulsion, Anemoi Marine, believes Rotor Sails - which are unique, tall cylindrical sails that can be installed on the deck of commercial vessels - offer an immediate and compelling solution for shipowners working to reduce vessel emissions…
The U.S. Army Corps of Engineers will use $732 million in federal infrastructure funding to modernize a lock and dam on the Upper Mississippi River that are crucial for shipping grain and soybeans to export markets, officials said on Wednesday…
Marcus Jadotte has joined Crowley as senior vice president of government relations, leading the company’s advocacy activities across all its businesses.Jadotte will spearhead the company’s continuing advocacy for laws and regulations that support the domestic maritime industry…
For dredging company executives, the recently passed $550 billion federal Infrastructure Investment and Jobs Act (IIJA) sits like the proverbial Horn-o’-Plenty, ready to disgorge billions of federal dollars for maritime, port, harbor, coastal…
The U.S. Army on Wednesday announced the Civil Works studies, projects and programs that the Corps would implement in Fiscal Year 2022 with the $22.81 billion in supplemental funding provided in two recently enacted laws — the Infrastructure Investment and Jobs Act…
The Port of Virginia in the USA has ordered three Konecranes Rail-Mounted Gantry (RMG) cranes for its Norfolk International Terminals (NIT) facility. The cranes will be delivered by the end of 2023.The order was booked in November 2021, and…
Wozair appointed John Foley as Group Managing Director to the Board on January 1, 2022.Foley is an experienced senior executive who previously held positions as Managing Director, OTIS Elevator Co. in Norway and most recently, served as Managing Director Volution Ventilation…
UK's Marine Management Organisation (MMO) has recently granted a marine license to Associated British Ports (ABP) for the development of the Lowestoft Eastern Energy Facility (LEEF) for offshore wind.This followed a period of collaboration and joint working…
Stena Line and Associated British Ports (ABP) entered an agreement to jointly develop a new freight terminal at the Port of Immingham in the Humber region. The £100M agreement will see the Swedish ferry company operate the new terminal for the next 50 years…
Austal USA has been investing mightily, more than $600 million to expand its repair and services business for both commercial and military customers; and in the opening of a state-of-the-art steel panel line in Mobile to complement its established aluminum shipbuilding operations…
As 2021 closed, Edward J. Kelly stepped down as the Executive Director of the Maritime Association of the Port of New York/ New Jersey (MAPONY/NJ). Kelly was at the helm of the Association for the past 18 years. MAPONY/NJ president Michael DiVirgilio…