The bipartisan, bicameral bill will fuel U.S. economy, strengthen national security by responding to China’s threat over the oceans. Currently, the number of U.S.-flagged vessels in international commerce is 80; China has 5,500.Today, Senator Mark Kelly (D-AZ)…
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…
Israel launched strikes against ports and energy infrastructure in Houthi-held parts of Yemen on Thursday and threatened more attacks against the Iran-aligned militant group, which has launched hundreds of missiles at Israel over the past year…
BlueBox Systems, a provider of freight tracking solutions, was selected for the TradeTech Accelerator Program in Abu Dhabi, a program that offers logistics and supply chain start-ups a unique platform to develop and scale their businesses and…
NYK and Yusen Logistics (YL) have introduced a digital platform for managing GHG emission reductions.The platform is provided by 123Carbon, a Netherlands-based startup working on decarbonizing the logistics sector.NYK and YL will use the platform…
Corvus Energy has been selected as the supplier of Energy Storage Systems (ESS) for Statue City Cruises’ ferries servicing the iconic Statue of Liberty and Ellis Island routes in New York Harbor.Corvus Energy ESS will be integrated aboard Statue…
Eastern Shipbuilding Group (ESG) reached an exciting milestone today, initiating steel cutting for the first of four advanced escort tugs for Saltchuk Marine at its Allanton Facility. Attending the ceremony were key members of Saltchuk's leadership team…
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…
At a special meeting of the board, held on-line, the International Chamber of Shipping (ICS) have unanimously appointed Thomas A. Kazakos asits next Secretary General. Kazakos will replace Guy Platten who will be stepping down in June 2025.Kazakos…
When U.S. presidential candidate Donald Trump started talking about new import tariffs on the campaign trail, Danny Reynolds checked the tags on wedding dresses in his bridal salon and sped up some shipments to his independent clothing store in Indiana…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, hitting its lowest level in nearly 17 months, as rates dipped across all vessel segments.The index, which factors in rates for capesize…
On December 11, Nippon Yusen Kabushiki Kaisha (NYK) and ENEOS Corporation (ENEOS) signed an Agreement regarding the sale and purchase of marine fuel with carbon dioxide removal credits (CDR credit) created through Direct Air Capture with Carbon Storage (DACCS)…
The arrival of the dredger Willem Van Rubroeck in Ndayane has marked the start of maritime works for the $1.2 billion Port of Ndayane, a project led by Dubai-owned ports and logistics firm DP World, which aims to transform Senegal into a major center for global trade…
COSCO SHIPPING International (Singapore), through its wholly owned subsidiary, Cogent Jurong Island, hosted a groundbreaking ceremony for Jurong Island Logistics Hub (JILH) Phase 2 on December 17, 2024.JILH Phase 2 is a strategic initiative…
