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Fmc Technologies News

 

Summing Up the U.S., the Panama Canal and China

Feb 02, 2025

Some U.S. lawmakers and officials are touting a nearly half-century-old treaty between the United States and Panama to justify the Trump administration's threat to reclaim the Panama Canal - provided it can show the strategic waterway's operation is under threat…

Louis Sola Designated FMC Chairman

Jan 21, 2025

President Donald J. Trump has designated Louis E. “Lou” Sola to serve as the Chairman of the Federal Maritime Commission (FMC).The designation was made on January 20, 2025. Chairman Sola has served as a Commissioner of the FMC since January 2019…

FMC Updates Class Action Policies

Jan 02, 2025

The Federal Maritime Commission issued a policy statement today making clear it is an appropriate venue where private parties may bring class actions to resolve disputes covered by the statutes the agency administers.The guidance yields important…

FMC Announces Export Strategies Deadline

Dec 31, 2024

Deadline Announced for Required Filing of Annual Export Strategies at FMC December 31, 2024 Ocean common carriers must file documented export strategies with the Federal Maritime Commission beginning March 1, 2025, and at least annually every following year…

FMC Closes One Investigation into Conditions Created by Canadian Ballast Water Regulations

Dec 09, 2024

The Federal Maritime Commission is closing one of its two investigations of how Canadian ballast water regulations impact shipping in the Great Lakes, but the remaining investigation will continue to permit the agency to assess if Canadian government…

FMC Commish Pushes for PR as an Offshoring, Distribution Hub

Dec 03, 2024

A Statement from Carl W. Bentzel, Commissioner with the U.S. Federal Maritime Commission.Events of recent years have made many who are interested in trade, transportation, and supply chain issues question the model of relying predominantly on…

FMC's Bentzel Looks Offshore to Puerto Rico

Dec 02, 2024

FMC Commissioner Carl W. Bentzel weighs in, urging policies to help Puerto Rico become an Offshoring and Distribution Hub. His staement of today, follows:Events of recent years have made many who are interested in trade, transportation, and…

PSA to Trial Amperesand’s Solid-state Transformer Technology

Oct 24, 2024

In a significant move towards sustainable logistics, PSA unboXed, the innovation and corporate venture capital branch of PSA International, has partnered with Amperesand, a provider of grid infrastructure solutions. Together, they are launching…

Home-Grown: S. Korea's First OCCS put to the Test

Jul 10, 2024

KR announced the successful installation of an onboard carbon capture system (OCCS) with purely domestic technology, and it will soon undergo internal verification testing.The project began in April 2023 as a collaborative effort with HMM, Samsung Heavy Industries (SHI) and PANASIA…

Final Rule on Demurrage & Detention Cleared to Take Full Effect May 28

May 14, 2024

The final rule on Demurrage and Detention Billing Practices is clear to take full effect on May 28, 2024, following recent actions by the Office of the Management and Budget (OMB) and the Federal Maritime Commission (FMC).The FMC issued its…

All FMC Statutes & Regulations in Full Effect Following Baltimore Bridge Collapse

Apr 05, 2024

The U.S. Federal Maritime Commission (FMC) on Friday issued a notice reminding regulated entities that all statutes administered by the agency remain in effect while disruption to regular service at the Port of Baltimore is causing many shippers to adjust supply chain operations…

Manta Marine Technologies Announces New Leadership

Feb 21, 2024

Manta Marine Technologies, formerly known as Yara Marine Technologies (YMT), unveiled its new brand and leadership team, following its recent acquisition by Geneva-based Okapi Supply Trading Advisory SA.The Manta Marine Technologies team will now be led by CEO Ina Reksten…

BAR Tech Signs European Supplier for Wind Propulsion Systems

Feb 12, 2024

BAR Technologies, a developer of wind propulsion systems, has entered into partnership with floating offshore wind platforms pioneer Nervion Naval Offshore to manage and oversee the production of BAR Technologies’ wing sail design WindWings in Europe…

FMC Mulls Investigation into Suez and Panama Canal Impacts

Feb 11, 2024

The US Federal Maritime Commission (FMC) held an informal public hearing examining impacts from attacks on merchant shipping in the Red Sea and Gulf of Aden on February 7.Opening the hearing, Commissioner Carl Bentzel, voiced concern about safe access through both the Suez and Panama Canals…

Congressmen Urge FMC to Finalize OSRA Provisions

Jan 26, 2024

Two U.S. Congressmen are urging the Federal Maritime Commission (FMC) to finalize the rule on demurrage and detention billing requirements required in their Ocean Shipping Reform Act that became law in 2022.The Ocean Shipping Reform Act was signed into law on June 16…

Logistics News

Explosion Forces Shutdown of Valero’s Port Arthur Refinery

Explosion Forces Shutdown of Valero’s Port Arthur Refinery

Wattlab Scales Up Solar Power for Bulkers

Wattlab Scales Up Solar Power for Bulkers

African Bunkering Hubs Gain as Ships Reroute Around Cape

African Bunkering Hubs Gain as Ships Reroute Around Cape

Two India-Bound Tankers Pass Through Strait of Hormuz

Two India-Bound Tankers Pass Through Strait of Hormuz

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