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…
ClassNK has partnered with StormGeo for seamless sharing and verification of emission data.The collaboration marks a ilestone for the companies, establishing the sharing and verification of emission data, to meet the requirements of their shared clients…
DFDS said it will invest $1.2 billion in six battery electric vessels for operation in the English Channel, to be deployed on the Dunkirk-Dover and Calais-Dover routes to carry passengers and freight between the U.K. and the European Union.The first two electric vessels will be in operation by 2030…
Today, a 'world first' was unveiled in the Port of Antwerp-Bruges: the Methatug, a tugboat which runs on methanol, part of a 'greening program' for the port's fleet. The project is financed by the European research program Horizon 2020 and is part of the FASTWATER project…
Marlink is expanding its global service support network in strategic maritime locations in Houston, Bratislava, Athens, Dubai, Singapore and Tokyo, covering strategic business locations and supporting customers in close proximity. Instead of a centralized model…
Caroline Yang, by anyone’s standard, is a busy woman. She is the CEO of Hong Lam Marine, a Singapore ship owner, which owns, operates and manages its own fleet of 33 vessels. She also is the president of the Singapore Shipping Association [SSA]…
India signed a 10-year contract with Iran on Monday to develop and operate the Iranian port of Chabahar, the Narendra Modi-led government said, strengthening relations with a strategic Middle Eastern nation.India has been developing the port…
International Container Terminal Services Inc. (ICTSI) is building a new international container terminal in Bauan, Batangas, Philippines. The new terminal will be the largest privately funded marine terminal investment in the country’s history…
Hong Kong-based Cosco Shipping Ports said on Saturday that a worker died in an early-morning accident at a megaport it is building on Peru's Pacific coast.The worker was doing sanding and painting work at the deepwater Chancay Port Terminal when the accident occurred…
Niger's Prime Minister Ali Mahaman Lamine Zeine said on Saturday that Benin's blockade of Niger's oil exports, imposed in response to a border closure, violated trade agreements between the two countries and with Niger's Chinese partners.Speaking at a press conference in the capital Niamey…
Australia’s Minister for Agriculture has announced that the nation’s live sheep export trade is to end on May 1, 2028.The end date will be legislated in the Labor government’s current term, after the Department of Agriculture (DAFF) developed…
The Military Sealift Command’s Maritime Prepositioning Ships (MPS) and Auxiliary Crane Ships (ACS) were built 50 years ago to pre-position vehicles and supplies in forward locations and load or unload them in undeveloped or damaged port facilities…
Grove Heights, Minn. dredging and marine construction contractor LS Marine has been awarded a $31.7 million contract to support channel maintenance dredging in the Upper Mississippi River.The contract, awarded by the U.S. Army Corps of Engineers' St…
Long-term initiatives led by classification societies are building the foundation for future fuels uptake.About this time last year, ABS CEO Chris Wiernicki said: “When you look at where we are and the steepness of the curve ahead, the biggest risk is the unintended safety consequences of change…
Last week’s headline in the Financial Times was startling to me: “Andreessen Horowitz raises $7.2bn and sets sights on AI start-ups“. Oh boy. Andreessen Horowitz is one of Silicon Valley’s most prominent venture capital firms with an eye for…
