Latest News - page 402

 

Work Starts on WRDA 2022

Jan 26, 2022

The House Transportation and Infrastructure Committee, Subcommittee on Water Resources and Environment, held a hearing January 12, starting development of a 2022 Water Resources and Development Act. One Subcommittee goal is a new and updated WRDA every two years…

Federal Dollars Available for the Brandon Road Interbasin Project

Jan 26, 2022

The Brandon Road project is on the Des Plaines River, in Joliet, about 50 miles downstream from Chicago. That location offers a last chance to keep Aquatic Nuisance Species (ANS) out of the Great Lakes. The Army Corps explains that a “new structural…

Sharm El Sheikh Port Reopens After Weather-related Closure

Jan 26, 2022

Egypt has reopened the Red Sea port of Sharm El Sheikh after closing it earlier on Wednesday because of bad weather, the Red Sea Ports Authority said.Winds had decreased to 6 knots and wave height ranges to between one meter and 1.5 meter compared…

Heavy Lift: Liebherr logs a strong 2021; All-Electric Trend is "Clear"

Jan 26, 2022

Liebherr reports that it had a record year in 2021 in its maritime mobile harbor crane business, logging an order intake volume of 80+ new units, a record level for the company.Including additional sales of used units, Liebherr mobile harbor cranes were ordered from 31 different countries…

New USACE Dredge in the Works

Jan 26, 2022

The U.S. Army Corps of Engineers released a contract opportunity on January 25 starting the process to acquire a new Medium Class Hopper Dredge (MCHD) to replace the current dredge McFarland. The new MCHD will be part of the USACE minimum fleet and operate for the Philadelphia District…

U.S. Offshore Wind Forecast: 45 Projects, $136B CapEx

Jan 26, 2022

As of the end of January 2022, there were over 45 projects in development representing a $136 billion capital expenditure and $4.4 billion annual OPEX opportunity that are forecast to be brought on stream within this and early in the next decade…

Stolt-Nielsen CEO to Step Down after More Than Two Decades in Position

Jan 26, 2022

Niels G. Stolt-Nielsen has decided to step down from his role as Chief Executive Officer of chemical tanker operator Stolt-Nielsen Limited.The company said Wednesday he'd continue as CEO and as a Director on the Board until the appointment process for a successor has been completed…

USACE Disaster Relief Includes $32.7 Million to Repair Coos Bay’s North Jetty

Jan 24, 2022

The Oregon International Port of Coos Bay received notification from House Transportation and Infrastructure (T&I) Committee Chairman Peter DeFazio that the United States Army Corps of Engineers (USACE) included $32.7 million in their FY2022…

Port of LA Launches Cyber Resilience Center

Jan 24, 2022

North America's largest seaport said it is bolstering its cybersecurity readiness and enhancing its threat-sharing and recovery capabilities among supply chain stakeholders with the launch of its new state-of-the-art port community cyber defense solution…

MSC Wants to Buy an Italian Airline

Jan 24, 2022

Swiss-based shipping group MSC and German carrier Lufthansa want to buy the majority of Alitalia successor ITA Airways and have asked for an exclusivity period of 90 days to study the deal, MSC and ITA said on Monday.The state-owned airline…

Planes, Trains and Ships: Criminal Antitrust Enforcement Speeding Up for Transportation Sector

Jan 24, 2022

The Biden administration recently issued a sweeping Executive Order [1] aimed at protecting and enhancing competition, and the transportation sector—including air, ocean, and rail—is among the industries specifically identified and likely to…

Nakilat Takes Delivery of Another LNG Carrier

Jan 24, 2022

Nakilat took delivery of a newbuild LNG carrier, “Global Sealine”, which will be commercially and technically managed in-house by Nakilat Shipping Qatar Limited (NSQL). Built by Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea…

First Ship-to-Containership LNG Bunkering Ops in Port of Marseille Fos’

Jan 24, 2022

TotalEnergies and CMA CGM launched Marseilles’ inaugural ship-to-containership Liquefied Natural Gas (LNG) bunkering operation in the Port of Marseille Fos, Southern France.CMA CGM BALI, a 15,000 TEU LNG-powered containership is deployed on the MEX 1service…

Static Week in Ship Recycling, says GMS

Jan 24, 2022

According to GMS, itt has been an increasingly static week in the Indian sub-continent ship recycling markets, especially after some early 2022 optimism displayed by a resurgent India in particular.Sales on various specialist units soared this…

US Allocates $14 Billion to Expand Ports, Shore Up Waterways

Jan 20, 2022

The Biden administration on Wednesday said it will fund $14 billion in projects to improve the country's ports and waterways in an effort to increase climate resilience, improve drinking water sources and bolster the U.S. supply chain.The funds…

Logistics News

Carnival Cruise Line Implement Jotun Hull Cleaning Solution

Carnival Cruise Line Implement Jotun Hull Cleaning Solution

Strong Cargo Demand Offsets Rising Costs for ONE

Strong Cargo Demand Offsets Rising Costs for ONE

Oil Exports to Increase From Russia's Western Ports in August

Oil Exports to Increase From Russia's Western Ports in August

CBOT Wheat Prices Rise As Russia, Ukraine Conflict Threatens Exports

CBOT Wheat Prices Rise As Russia, Ukraine Conflict Threatens Exports

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Source: Iran wants to control the inbound and outbound traffic of Hormuz.
Maguire: The EV export boom in China is beginning to affect the gasoline market.
New Jersey Sues Amazon for poor pay and conditions of drivers?