France chose General Electric to form an alliance with Alstom on Friday - rejecting an offer from Siemens and Mitsubishi Heavy Industries - but said the deal still needed some work and added it would buy a 20 percent stake in the hotly-contested company…
China wants to invest in Greek airports and railways as well as the busiest port, officials said on Friday, as the country where the euro debt crisis began seeks a role as China's gateway into Europe.Chinese Premier Li Keqiang is on a three…
The Council of the International Maritime Organization (IMO) informs it decided at its recent meeting to award the International Maritime Prize for 2013 to Dr. José Eusebio Salgado y Salgado, Mexican academic and author of the Manual de Derecho…
U.S. Federal Maritime Commissioner William P. Doyle issued the following statement regarding China’s decision on the proposed P3 Network:The People’s Republic of China has rejected the P3 Vessel Network Sharing Alliance based on the competition concerns in the Asia-Europe shipping market…
Yangzijiang Shipbuilding Holdings Limited announced that yesterday was a “momentous” for the group, as senior Chinese officials paid visit to Yangzijiang’s shipyard and the group’s chairman received the Outstanding Entrepreneur Award by the Chinese Enterprises Association…
New York’s Governor Cuomo announces retrofitted electric canal boat to demonstrate benefits of no-emission engine; NYSERDA, NYSDOT partnership with Canal Corp. replaces diesel engine with electric motorGovernor Andrew M. Cuomo today announced…
The P3 Network will not be implemented following decision by the Ministry of Commerce (MOFCOM) in ChinaToday, the Ministry of Commerce (MOFCOM) in China announced that they have not given their approval to the P3 Network.On March 24…
The U.S. Coast Guard (USCG) final rule on escort requirements for certain tankers operating on the waters of Prince William Sound, Alaska, was published Friday in the Federal Register.This rule finalizes the escort requirements in Title 33…
The Maritime Administration (MARAD) announced it is now accepting project applications for Marine Highway designations until September 30, 2016.Eligible projects should establish new or enhance existing Marine Highway services that reduce…
Iran, Syria, Sudan, Libya, Nigeria and now Iraq: the crude oil market has weathered a long list of actual and threatened supply shocks with remarkable calm.According to the U.S. Energy Information Administration (EIA), unplanned disruptions have removed around 2…
Brent at 3-mo high, U.S. crude hits highest since September Kiwi jumps the most in four months after rate hike U.S. shares dip after data, but energy stocks up Crude oil prices spiked on Thursday on worries over supply as violence escalated in Iraq…
Cheap Russian gas undermines alternative supply projects Azeri plan to bring gas to Italy may collapse-analyst Plans to expand pipeline links with Algeria, East Med stalled U.S. LNG imports unprofitable at current low prices As…
A strike by port workers at Rosario, Argentina's biggest agricultural export hub, has been suspended, thanks to a government attempt to resolve a disagreement over wage hikes, a local business group said.The protest, which was holding up…
After a 7-year hiatus in reauthorizing new U.S. water resources legislation, the American Association of Port Authorities (AAPA) says it commends President Obama for officially signing the 2014 Water Resources Reform and Development Act into law…
Leaders of the maritime industry will convene in Washington, D.C. on June 19 with representatives of the relevant government agencies to have a dialogue addressing concerns with, and ways to improve, the recently published draft National Preparedness for Response Exercise Program (NPREP) guidelines…
