A global operational alliance between two of the world’s largest container shipping companies will not go into effect next week as planned following a move by the U.S. Federal Maritime Commission to study the potential competitive impacts of the arrangement.The FMC said on Friday it is seeking more information to determine the potential competitive impacts of the proposed Gemini Cooperation
The International Transport Workers’ Federation (ITF) is calling out Dubai-based ship management company Middle East Marine LLC for what it described as "the worst case of serial seafarer abandonment ever seen", involving the systematic abuse and neglect of more than 100 seafarers.
Russian tanker Krymsk, hit by sanctions, docked on Wednesday at the Chinese port of Dongying in eastern Shandong province, home of independent refiners, to discharge 700,000 barrels of Russian Sokol crude, LSEG and Kpler shipping data showed.This is the second Russian oil tanker, hit by sanctions, to dock at Chinese ports this month.
Trinidad and Tobago has hired two remediation and salvage firms to help clean up an ongoing oil spill off Tobago and salvage the leaking barge, the country's Ministry of Energy said on Tuesday.It has been almost two weeks since the oil spill was first discovered off Tobago's Atlantic coast after a barge ran aground on a reef.
The U.S. Coast Guard was leading an oil spill clean-up in the Gulf of Mexico on Friday, partnering with local and federal agencies and companies after a Main Pass Oil Gathering Co (MPOG) underwater pipeline began leaking.The crude oil pipeline is around 19 miles (30 km) offshore in the Gulf of Mexico, east of Venice, Louisiana, the U.S. Environmental Protection Agency (EPA) said.
A cargo ship that ran aground off St. Thomas in the U.S. Virgin Islands earlier this month has been refloated and towed to a safe mooring location at the Crown Bay Sandfill dock, the U.S. Coast Guard said.Vessel owners and salvors will now coordinate further operations to remove the damaged cargo, remaining oil and conduct further salvage or repair operations for the Bonnie G.
Fort Lauderdale, Fla. based SEACOR Holdings Inc. announced it has signed a definitive agreement to sell its inland river transportation and logistics business to Ingram Barge Company LLC, a division of Nashville-based Ingram Marine Group.Part of the SEACOR family of businesses for over two decades, Inland River Transport Holdings LLC (SCF) includes more than 1,000 covered dry cargo hopper barges
The United States has bolstered its fleet of U.S.-flagged sustainment sealift vessels and product tankers to support the Department of Defense (DoD) during times of armed conflict or national emergency.The U.S. Department of Transportation’s Maritime Administration (MARAD) in recent months has been building up fleets of commercial vessels under its Maritime Security Program (MSP) and Tanker
Maritime Partners, a Louisiana-based provider of maritime financing solutions primarily focused on Jones Act vessels, announced that on September 20, 2023, one of its managed funds acquired Norfolk, Va.-based U.S. Marine Management LLC (USMMI) from Maersk Line, Limited.USMMI owns and operates U.S.
Shipping and energy supply chain firm Crowley has teamed with nuclear power specialist BWX Technologies through a memorandum of understanding for a ship concept that, the companies say, has the potential to generate alternative, zero-carbon emission energy for defense and disaster needs by including a microreactor on board.The two U.S.
New Orleans-based Maritime Partners has reached a deal to acquire AMSC subsidiary American Tanker Holding Company, which owns a fleet of 10 Jones Act tankers.Maritime Partners' newly formed Project Merchant Acquisition arm signed a share purchase agreement with Oslo-listed AMSC to acquire AHTC for an enterprise value of $746.7 million. AMSC will receive $249.
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced on Tuesday that nine ships have been enrolled in the Tanker Security Program (TSP), a newly created public-private partnership program that makes U.S.-flag commercial product tankers available to support U.S. armed forces and national economic security.