Latest News - page 48

 

“American Cargo For American Ships Act” Introduced

Mar 11, 2025

Coast Guard and Maritime Transportation Subcommittee Ranking Member Salud Carbajal (CA-24) and Chair Mike Ezell (MS-04) introduced the bipartisan “American Cargo for American Ships Act” to strengthen U.S. Cargo preference laws and promote American economic growth…

Trade Tech Aims for UAE Security Filing Compliance

Mar 11, 2025

Trade Tech, Inc., a global logistics platform, is actively working toward compliance with the UAE’s new Maritime Pre-Load Cargo Information (MPCI) Program which will become effective June 25, 2025.This new security filing regulation, managed by the UAE’s National Advance Information Center (NAIC)…

BSM Pilot Project on Container Vessels Supports 'Diversity@Sea'

Mar 11, 2025

After a 10-month project phase, Bernhard Schulte Shipmanagement (BSM) reports that it successfully completed the Diversity@Sea project, a global initiative by the ‘All Aboard Alliance’ aimed at fostering gender and cultural diversity within the maritime industry…

Danelec Reports 15,000 Ships Now Connected

Mar 11, 2025

Danelec said its high-frequency data (HFD) collection systems have now been deployed on more than 15,000 vessels worldwide.In 2024 alone, Danelec’s technology enabled the capture of more than 1.5 trillion onboard datapoints, a figure set to double by 2026…

Container Volume Spikes Higher in Advance of Tariffs

Mar 10, 2025

U.S. container import volumes increased 4.7% year-on-year in February, but could cool in coming months as the U.S. trade war with China and other key trading partners takes hold, supply chain technology provider Descartes said on Monday.U.S…

Singapore Sets New Standard for Methanol Bunkering

Mar 10, 2025

Singapore, the world’s largest bunker hub for ships, has launched a new standard for methanol bunkering, the Maritime and Port Authority of Singapore (MPA) said on Monday.The move is aimed at helping to facilitate methanol bunkering at scale…

MOL Acquires LBC Tank Terminals

Mar 10, 2025

Mitsui O.S.K. Lines (MOL) has acquired 100% of the membership rights of LBC Tank Terminals Group Holding Netherlands Coöperatief (LBC), one of the world’s largest independent tank terminal operators primarily handling and storing chemicals in Europe and the United States…

Blue or Red, Both Aisles of U.S. Politics Agree on Need to Bolster Shipbuilding

Mar 07, 2025

The United States is preparing to impose docking fees at its ports on any ship belonging to a fleet that includes Chinese-built or Chinese-flagged vessels, according to a draft executive order, a move aimed to both revitalize U.S. shipbuilding…

AST Becomes Reseller of 'Anti-Spoof' Safety Solution

Mar 07, 2025

AST Networks announced it is an official re-seller of the SAL SPU-200, an anti-jamming and anti-spoofing solution designed to safeguard vessel operations. The SAL SPU-200 system, designed by SAL Navigation, delivers resilience, precision, and security…

USACE Grants Permit for Reconstruction of Baltimore's Key Bridge

Mar 07, 2025

The U.S. Army Corps of Engineers (USACE) has issued a permit for the rebuilding of the Francis Scott Key Bridge, granting Maryland Transportation Authority permission to construct the bridge, following the collapse of the original structure that claimed the lives of six Baltimoreans…

CMA CGM Group Announces $20 Billion Investment in U.S.

Mar 06, 2025

CMA CGM Group has announced a $20 billion investment to contribute to U.S. maritime economy and support the transformation of America’s domestic supply chain over the next four years.The announcement builds on CMA CGM Group’s 35-year presence in the U…

Investment Facilitates U.S. Ethane Imports to Thailand

Mar 06, 2025

Vopak has reached a final investment decision in expanding its global industrial terminal footprint by constructing a 160,000 cubic meter tank infrastructure in Map Ta Phut, Rayong, to support the import of U.S. ethane into Thailand. Vopak's…

Performance Shipping Inc. enters sale and leaseback agreement for tank vessels

Mar 06, 2025

Tanker owner Performance Shipping entered into a sale and leaseback agreement with an unaffiliated third party for a previously announced newbuild LR2 Aframax tanker vessel. This concludes the financing for all three newbuilding LNG-ready, scrubber…

Port of Albany receives grant to support electrification infrastructure and maritime commerce

Mar 06, 2025

New York Governor Kathy Hochul announced that the Albany Port District Commission (APDC) was awarded an $18.79 million grant from Empire State Development’s Focused Attraction of Shovel-ready Tracts New York (FAST NY) program for utility infrastructure work at Beacon Island…

PORT RISKS: Manage Mobile Equipment Fire Risk

Mar 06, 2025

TT Club is warning cargo handling and terminals operators that fire remains a major cause of damage and losses to port and terminal equipment.The insurance specialist’s analysis of a 10-year claims history shows that of the near 1600 fire-related claims it has received over that period…

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