Latest News - page 508


MarAd Insights: “In peace and war” -- Even Against a Virus

Jun 15, 2020

The U.S. maritime industry takes great pride in our motto: “In Peace and War.” It sums what we’re all about. From colonial times, through the Revolution, the Civil War, two World Wars, several regional conflicts, and many natural and humanitarian disasters…

MARAD Awards $9.5 Mln for Marine Highways Projects

Jun 15, 2020

The U.S. Department of Transportation’s Maritime Administration (MARAD) awarded $9.5 million in grants to eight marine highways projects across the Nation under the America’s Marine Highway Program. The funding supports the enhancement of navigable…

Superyacht Design: Are owners shifting to streamlined design and production?

Jun 15, 2020

Superyachts have a long history of tailor-made, special-made and unique “to the Himalaya and back” luxury solutions. The question is, will this continue, or will the current market situation make superyacht owners and builders consider streamlining…

Brandes to Lead Port of Oakland

Jun 12, 2020

Longtime shipping industry executive Bryan Brandes has been named Maritime Director at the Port of Oakland. The port said today he was selected following a nationwide search. Brandes, a 25-year maritime veteran, replaces John Driscoll who left to manage the Alabama State Port Authority…

Rhine Water Level Rises, Too Shallow in North for Full Shipping

Jun 12, 2020

Water levels on the Rhine in Germany have risen after rain in past days but are still too shallow in northern areas for cargo vessels to sail fully loaded, traders said on Friday.The river had fallen below normal levels in late May after dry weather…

Pandemic Forces Ship Owners to Shelve Scrubber Installs

Jun 12, 2020

Ship owners are postponing or canceling the installation of “scrubbers” that extract harmful sulphur emissions from their vessels as the coronavirus pandemic tightens finances.Regulations from United Nations agency the International Maritime Organization (IMO)…

Cuba Cancels Economic Fair as Imports Plummet

Jun 12, 2020

Cash-strapped Cuba has canceled its annual international trade and investment fair slated for November due to the pandemic, state-run media reported on Friday, even as fallout from the novel coronavirus hammers revenues and imports.Container traffic at the port of Mariel…

Final Containership Leaves Stockholm's Frihamnen Port

Jun 12, 2020

The unloading of the final containership at the Frihamnen port in Stockholm marks the end of an era.The 1,349 TEU Dutch-flagged containership Essence unloaded the final cargo at Frihamnen on June 1, but the CTF container terminal will remain…

The Emerging U.S. Offshore Wind Industry in a Post-COVID-19 World

Jun 12, 2020

Join a webinar on June 17, 2020 for the global release of a major new market study on the depth, breadth and growth prospects of the Offshore Wind Market --  https://zoom.us/webinar/register/WN_UR5uY1boTOKdAAcAXDbR4gJust when it was looking…

Port Chief Martínez says "Large-scale infrastructure is the key to maintaining an international presence"

Jun 12, 2020

The President of the Port Authority of Valencia, Aurelio Martínez, has indicated that 'the large infrastructures are the key to maintaining a presence abroad and to face the forecasts that indicate that the growth of the commercial flows of…

COVID-19 & the US Workboat Market: Business Continuity, Not Business as Usual

Jun 12, 2020

In today’s environment, the overarching challenge for the American tugboat, towboat and barge industry is to continue transporting the vital commodities that help keep our nation’s economy moving during a highly uncertain time, while taking…

Market in Focus: Containershipping

Jun 12, 2020

The only orders to be placed since the beginning of the year are from OOCL and Great Horse China for a combination of 7 ULCV’s ranging in size. This is a drop of 86% compared to this time last year and can only be due to the Covid-19 outbreak…

New Zealand to Allow Some Ships, Cruises Still Banned

Jun 11, 2020

New Zealand said on Friday that it would allow entry of some maritime vessels as it looks to open up its economy after lifting all coronavirus restrictions earlier this week.Cruise ships and people traveling for leisure, however, will continue to be banned from entering the country…

Insurance Company Launched to Focus on Maritime Cyber Threats

Jun 11, 2020

A new insurance services business has been launched to protect maritime companies from cyber threats. Offering risk management, underwriting and analytics, Astaara Company Limited said it aims to modernize this area of the insurance industry…

COVID-19 Weighs on Great Lakes-Seaway Shipping

Jun 11, 2020

While St. Lawrence Seaway cargo volumes decreased during the past two months due to economic shifts related to COVID-19, industry leaders said the binational trade and transportation corridor is ready to play its part in the economic recovery efforts in the coming months…

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