Nina Østergaard Borris, co-owner and current COO of United Shipping and Trading Company (USTC), takes on new responsibilities in the family-owned business as CEO, succeeding her father Torben Østergaard-Nielsen who will take over as Chairman of the Board of Directors for USTC…
New federal money promises dramatic impacts throughout the United States’ inland waterways system in 2022 and beyond. This report focuses on America’s central rivers; the Western rivers will be covered in a future report. These central rivers reach 11…
A meeting between the European Sea Ports Organization (ESPO) and global trade association Interferry has agreed a common work programme to promote an environmentally sustainable future for the European ferry business through the provision and use of onshore power supply (OPS)…
Lisa Hammock, Environmental Protection and Sustainability Managing Consultant, BMT, was awarded the David Goodrich Prize by the Royal Institution of Naval Architects (RINA). The prize, awarded annually and named after David Goodrich, a former president of RINA and one of the founders of BMT…
NYK signed an agreement to invest in “Navigator II,” an investment fund managed by theDOCK, an Israeli venture capital firm specializing in maritime technology. Navigator II invests in and supports startup companies that research and develop innovative technologies in the fields of shipping…
Hydrotug, the world's first hydrogen-powered tugboat, has been launched at Armón Shipyards in Navia, Spain, marking a key milestone on the path toward wider adoption of the sustainable, climate neutral fuel in workboat applications.Remaining…
As the geopolitical landscape continues to quickly transform with the Russia/Ukraine war, Europe's over-dependence on Russian energy has become painfully apparent. VSM – the German Shipbuilding and Ocean Industries Association that represents…
NYK Line, IHI Power Systems Co., Ltd., and ClassNK signed a memorandum of understanding (MoU) with City of Yokohama for the acceptance of an ammonia-fueled tugboat (A-Tug) at the port of Yokohama.The conclusion of this MoU is part of the Green…
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…