Latest News - page 37


Trump names Panama Envoy, Talks Tough on Panama Canal

Dec 26, 2024

U.S. President-elect Donald Trump has picked Miami-Dade County Commissioner Kevin Marino Cabrera to serve as ambassador to Panama after having threatened for the U.S. to reassert control over the Panama Canal it handed over 25 years ago.Trump…

NTSB's Alvin Brown Appointed Vice Chairman

Dec 26, 2024

Alvin Brown, a member of the National Transportation Safety Board and former mayor of Jacksonville, Florida, was designated Friday, Dec. 20, 2024, by President Biden to serve as vice chairman of the independent safety agency. “I am honored to…

Port of Oakland Box Volume Finishing 2024 Strong

Dec 26, 2024

The Port of Oakland’s container business continues to grow. Total cargo volume shot up 10% year-to-date, January through November 2024, compared to the same period in 2023.“We are optimistic that strong container volume will continue through the end of the year…

Tanker Engine Failure Shuts Bosphorus Straight Traffic

Dec 26, 2024

Traffic was suspended in Turkey's Bosphorus strait on Thursday after a tanker had an engine failure during northbound transit through the strait that runs through Istanbul, shipping agent Tribeca and the Transport Ministry said.Tribeca said…

Black Sea Spill Volunteers Beg Putin for Help

Dec 23, 2024

Volunteers helping to clean up a major oil spill along Russia's Black Sea coast appealed in a video released on Monday for President Vladimir Putin to urgently send federal aid, saying that they and local authorities were overwhelmed.The pollution…

Baltic Index Ticks Up as Large Bulkers Post Gains

Dec 23, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Monday, as rates increased across larger vessel segments.The index, which factors in rates for capesize, panamax and supramax shipping vessels…

Petrobras inks deal to build four Support Vessels

Dec 23, 2024

Brazil's Transpetro, a unit of state-run oil firm Petrobras PETR4.SA, said on Monday that local shipbuilding firms Ecovix and Mac Laren had won a tender to build four new coastal vessels for $69.5 million per vessel.The bid is the first step of Petrobras' plan to renew its fleet of support vessels…

Maine Maritime Cadets win Crowley Scholarships

Dec 23, 2024

Cadets Anna LaDue and Odegaard Fields from Maine Maritime Academy have been awarded the Thomas B. Crowley Sr. Memorial Scholarship. These students were selected based on their performance during the cadet training periods aboard Crowley-operated…

USCG Takes Ownership of Commercial Icebreaker

Dec 23, 2024

The Coast Guard announced it accepted ownership of the motor vessel Aiviq, a 360-foot polar class 3-equivalent icebreaker, from an Edison Chouest Offshore subsidiary Friday.The vessel, acquired Dec. 11, will enhance U.S. operational presence…

Trump Threatens to Retake Control of Panama Canal

Dec 23, 2024

President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central American passage and drawing a sharp rebuke from Panamanian President Jose Raul Mulino…

BOEM Okays New England Offshore Wind Project

Dec 20, 2024

The Interior Department has now approved more than 19 gigawatts of offshore wind energy.The Biden-Harris administration today announced the approval of the SouthCoast Wind Project – the nation’s 11th commercial-scale offshore wind energy project approved under President Biden’s leadership…

Volunteers Battle Black Sea Oil Spill

Dec 20, 2024

Volunteers struggled on Friday to shovel up tons of sticky oil from Russia's Black Sea coastline following what President Vladimir Putin has called an ecological disaster.The oil spilled from two ageing Russian oil tankers that were severely…

ESG Delivers LI Ferry to McAllister Subsidiary

Dec 20, 2024

PANAMA CITY, FL – Eastern Shipbuilding Group, Inc. (ESG) announced the successful delivery of the LONG ISLAND (ESG Hull 228), a newly constructed passenger and auto ferry, to the Bridgeport & Port Jefferson Steamboat Company, a subsidiary of McAllister Towing…

Spire's Sale of Ship Tracking Arm alarms Users

Dec 20, 2024

French maritime data analytics platform Kpler wants to buy ship tracking company Spire Maritime, whose satellite data is a vital resource for oil traders and shipping companies, but some Spire customers fear Kpler will cut them off and have raised antitrust concerns to U…

Baltic Index Snaps 3-Session Slide

Dec 20, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped its three-session losing streak on Friday, supported by strong rates across the capesize and panamax vessel segments.The index…

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