Latest News - page 409


MARAD Seeks Port Microgrid Demonstration Projects

Feb 09, 2022

The U.S. Department of Transportation's Maritime Administration (MARAD) has an open request for proposals (RFP) that demonstrate microgrids for marine terminal operations. Closing bid date is February 16. Total funding could equal $1.5 million…

Top European Shippers Warn Freight Costs to Stay High

Feb 09, 2022

Two top European shippers warned on Wednesday freight costs were likely to remain high well into this year, offering no relief to customers including the world's biggest retailers, though they said bottlenecks should ease later in the year.Pandemic…

Stevedoring Company Fined for Dropping Excavator Overboard

Feb 09, 2022

A stevedoring company based in Tauranga, New Zealand has been ordered to pay a $90,000 fine and $20,000 in costs for safety failings that led to an excavator being dropped overboard from a logging ship in 2018.C3 Limited had previously pleaded…

Supply Chain Chaos to Boost Maersk 2022 Profit

Feb 09, 2022

Shipping group Maersk expects 2022 earnings to be around as high as last year, it said on Wednesday, as the supply chain disruption that sent freight rates soaring extends into the first half.It expects underlying earnings before interest, tax…

Pacific Northwest Waterways Association Names Stebbings Executive Director

Feb 08, 2022

Trade group the Pacific Northwest Waterways Association (PNWA) announced it has hired Heather Stebbings as executive director.Stebbings has 15 years of advocacy and public policy experience for the PNW maritime community, including 13 years directing communications and government relations for PNWA…

Ship Emissions: MIT Takes the Lead Toward Net Zero

Feb 08, 2022

The MIT Energy Initiative (MITEI) launched a new research consortium—the Future Energy Systems Center—to address the climate crisis and the role energy systems can play in solving it. Randall Field, Executive Director, discusses current research and the challenges ahead for the maritime sector…

US Posts Record Trade Deficit in 2021

Feb 08, 2022

The U.S. trade deficit surged to a record high in 2021 as imports increased sharply amid the restocking of shelves by businesses to meet robust domestic demand.The sharp widening in the trade gap reported by the Commerce Department on Tuesday…

Hapag-Lloyd Sees Freight Pressure Easing from Q2

Feb 08, 2022

German shipping company Hapag Lloyd expects delivery bottlenecks and high prices for container freight to start easing in the second quarter, its chief executive said.Assuming the current wave of the coronavirus pandemic is over, the loading and unloading of ships should function more smoothly…

Rodriguez Appointed Interim Director of MITAGS

Feb 08, 2022

The Maritime Institute of Technology and Graduate Studies (MITAGS) announced it has appointed Mike Rodriguez as interim director.'I am pleased that Mike Rodriguez has agreed to take on the day-to-day administration of MITAGS' academic programs…

Concordia Explores Converting Tankers to Container Carriers

Feb 08, 2022

As the tanker market languishes and the containershipping sector drives full speed ahead, Concordia Maritime announced it has embarked on a technical design study on the feasibility of converting several of its tankers to container carriers…

Small Business Dredging Opp, Mobile District

Feb 07, 2022

The U.S. Army Corps’ Mobile District published a “Market Research and Sources Sought Notice” seeking information on contractors for dredging within the boundaries of Sand Island Beneficial Use Area (SIBUA) in Mobile County, Ala.Note the ACE’s phrase here: this is a “sources sought synopsis…

Isle of Man Ship Registry Reduces Fees for ‘Green’ Ships

Feb 07, 2022

The Isle of Man Ship Registry (IOMSR) announced it will reduce registration fees for ships deploying green technology, in a move aimed at spurring decarbonization in the maritime industry.The new measure, which the flag state claims is the first of its kind in the world…

DP World Posts 9.4% Rise in 2021 Container Columes

Feb 07, 2022

Ports giant DP World on Monday reported a 9.4% rise in 2021 container volumes, though growth rates moderated in the fourth quarter which the Dubai state company said was expected due to the impact of COVID-19, inflation and supply chain issues…

New Terminal Operator at Ports of Indiana-Jeffersonville

Feb 07, 2022

Indiana Cargo Crossroads is a working partnership of Ports of Indiana and Superior River Terminals Indiana (SRTI). The new general cargo operator began work in Jeffersonville Jan. 1 providing stevedoring and distribution services to customers…

Ship Recycling Prices March Forward (Again)

Feb 07, 2022

Chinese (Lunar) New Year holidays concluded this week and there appears to be a real spring in the step of industry players, as international ship recycling markets continue to push on once again, according to GMS.Both, Pakistan and Bangladesh…

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