Finland's national power grid operator said on Thursday it had asked a Helsinki court to seize the Eagle S oil tanker in a bid to secure the company's claim for damages related to the breakdown of the undersea Estlink 2 electricity interconnector…
Crowley expanded its harbor services capabilities through the acquisition of Main Line Inc., a vessel mooring company based in Seattle, effective January 1, 2025.Main Line is a longtime provider of vessel mooring services in the Pacific Northwest for ship operators…
The International Longshoremen's Association and the United States Maritime Alliance (USMX) are set to resume contract talks on Jan. 7, Bloomberg news reported on Thursday, citing a person familiar with the matter.Talks between the ILA, which represents more than 45…
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…
Egypt successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway has plunged since Yemen's Houthi militants began attacking vessels in the Red Sea.The Suez Canal Authority said in a…
The price of Iranian crude oil sold to China has risen to the highest in years as fresh U.S. sanctions have tightened shipping capacity and driven up logistics costs, trade sources and analysts said.Rising prices for Iranian oil as well as Russian…
U.S. President-elect Donald Trump has picked Miami-Dade County Commissioner Kevin Marino Cabrera to serve as ambassador to Panama after having threatened for the U.S. to reassert control over the Panama Canal it handed over 25 years ago.Trump…
The Port of Oakland’s container business continues to grow. Total cargo volume shot up 10% year-to-date, January through November 2024, compared to the same period in 2023.“We are optimistic that strong container volume will continue through the end of the year…
President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central American passage and drawing a sharp rebuke from Panamanian President Jose Raul Mulino…
The Interior Department has now approved more than 19 gigawatts of offshore wind energy.The Biden-Harris administration today announced the approval of the SouthCoast Wind Project – the nation’s 11th commercial-scale offshore wind energy project approved under President Biden’s leadership…
Don’t Overlook Shipping’s Critical Role in U.S. Sustainable Transport Future, ABS Chairman and CEO Urges Washington.“Many of our sustainable transportation programs and initiatives tend to become mode-centric, but it is critically important…
Manatee County Commissioner Mike Rahn has been elected chairman of the Manatee County Port Authority.“It is a privilege to chair SeaPort Manatee’s governing board as we continue to advance key infrastructure enhancements and hurricane recovery…
The Mosel River in Germany will remain closed to cargo shipping in January despite the success of a temporary lock helping to free vessels trapped on the river after an accident, navigation authorities said on Thursday.The temporary lock will…
Deutsche Energy Terminal (DET) said on Thursday that Germany's Wilhelmshaven liquefied natural gas terminal intends to market capacity for ships to discharge LNG in May 2025, adding that there would be limited slots available in the first quarter there and at another location…
U.S. natural gas futures climbed about 2% on Wednesday on rising flows to the nation's liquefied natural gas (LNG) export plants and expectations utilities pulled more gas out of storage than usual to heat homes and businesses during extreme cold for a second week in a row last week…
