President Joe Biden signed into law a $1 trillion infrastructure bill at a White House ceremony on Monday that drew Democrats and Republicans who pushed the legislation through a deeply divided U.S. Congress.The measure is designed to create…
The U.S. Federal Maritime Commission (FMC) said it has set out to identify data constraints that impede the flow of ocean cargo and add to supply chain inefficiencies as severe bottlenecks continue to hamper global supply chains.Launched at the direction of FMC Chairman Daniel B…
President Joe Biden named former New Orleans Mayor Mitch Landrieu to oversee implementation of the $1 trillion infrastructure plan, the White House said on Sunday.Landrieu, also a Democratic former Louisiana lieutenant governor, led New Orleans from 2010 to 2018…
Erik Lewenhaupt will take over as CEO of Concordia Maritime on January 1, 2022, succeeding Kim Ullman, who informed the Board his wish to step down as CEO and retire.Lewenhaupt has a long track record in tanker shipping. He started his tanker career at Nordström & Thulin in 1996…
H2 Green, a Getech business, signed a deal with Shoreham Port to develop a renewable energy hub designed to remove emissions from its fleet of trucks and HGVs and be a catalyst for the wider region’s transport decarbonization.The development…
MacGregor introduces the next generation of variable frequency drive (VFD) electric cranes.To date, the company has delivered more than 500 electric cranes since 2007, with electric motor and drive system technology evolving significantly during this time…
PAO Sovcomflot (SCF Group) signed a $110 million credit facility, for 10 years, with ING BANK N.V., SMBC BANK EU AG and UNICREDIT BANK AG, to finance two new ice-class shuttle tankers.The ships, scheduled to be delivered in Q1 2022, will serve…
The $1 trillion infrastructure package headed to President Joe Biden to sign into law will provide a welcome funding injection for America’s inland waterway infrastructure.The bipartisan Infrastructure Investment and Jobs Act was approved by…
The International Maritime Organization (IMO) Council, meeting from November 8-12, established an International Day for Women in Maritime, to be observed on May 18 every year.Once adopted by the IMO Assembly in December 2021, the observance will celebrate women in the industry…
Known best for its construction of U.S. Navy warships, Austal USA in September 2020 acquired waterfront property along the Mobile River and established a commercial ship repair facility. Mike Bell, Austal’s VP Operations and Harley Combs, Director…
Samsung Heavy Industries Co., Ltd (SHI) received an Approval in Principle (AiP) for an LNG carrier design under Bureau Veritas’ (BV) Cyber Managed Prepared notation. The certificate was delivered to the Hyun Joe Kim, Vice President of SHI, by Christophe Capitant…
German container shipping line Hapag-Lloyd reported a more than 10-fold surge in nine-month net profit on Friday, citing record freight rates amid scarce transport capacity and rising transport volumes.The world's fifth biggest operator said net profit climbed to 5…
COVID has presented numerous challenges, particularly to the members of the U.S. Coast Guard. The Coast Guard Foundation has stood strong throughout to assist, as Susan Ludwig discussed with Maritime Reporter TV.Susan, when COVID effectively shut down the world in 2020…
The U.S. Army Corps of Engineers, St. Paul District, is preparing for major repairs at six of its Mississippi River locks this winter to ensure they continue working as designed.Maintenance is scheduled at Lock and Dam 4, Alma, Wisconsin; Lock and Dam 5A…
Canada Steamship Lines (CSL) set a new record at the Viterra terminal in the Port of Thunder Bay yesterday, when it loaded 31,362 metric tonnes of grain on CSL Welland, breaking the previous record of 31,143 metric tonnes. The cargo of wheat will be discharged in Montreal…