A new version of the Space Race is happening, with researchers aiming for the deep ocean.Human history has shown us to be a resourceful species, always using the tools available to us to explore, understand and utilize the bounty of resources around us to create a better life. We have come a long way from the stone tools of our ancestors; the tools of today take the form of technology, computers
Petroleo Brasileiro SA's chief executive quit on Friday in a surprise move that wiped $12 billion off the state-controlled oil producer's market valuation, after Brazil's government responded to a national trucking strike by intervening in the company's fuel pricing policy.Pedro Parente
The 5th annual inland IMX show coincides with the first ever FreightWeek STL. For transport professionals, supply chain stakeholders and inland operators alike, there was something for everyone. St. Louis, MO: This week’s IMX inland marine industry tradeshow may have been the primary focus for inland stakeholders, but there were many more reasons to be here in St. Louis.
U.S.-Flag dredgers answer the call in the Mississippi River Basin.Major flooding this winter in the Mississippi River Basin has created significant increased shoaling in the Southwest Pass Channel of the Mississippi River. Shoaling is generally described as the river containing elevated levels of sand and sediment resulting in high water levels and river swelling.
St. Louis Regional Freightway, Port of Plaquemines and St. Louis Regional Ports Sign Agreement to Foster Economic Growth on the Mississippi River. The pact will help support development of a new transportation link for cargo to move along the Mississippi River. The St. Louis Regional Freightway
Maldives on Wednesday denied a Japanese foreign ministry statement that said a Maldives-flagged vessel was used to illegally transfer goods from a North Korean-flagged tanker in defiance of U.N. Security Council resolutions. The Japanese statement said the "Chon Ma San", designated by the United States as a sanctions target
Commercial workboat philanthropy on display on PT-305: WWII Museum’s PT-305 sails again after a far reaching donor-funded restoration. In March, the National WWII Museum in New Orleans launched its reconstructed PT-305, built locally by Higgins Industries in 1943. The museum acquired the boat known as the USS Sudden Jerk in 2007, restoration began in 2009
Iran's crude oil production and exports have not been impacted by the unrest spreading across the country, Iranian oil and shipping sources said on Tuesday, as a crackdown intensified against anti-government demonstrations that began last week. Iran, OPEC's third-biggest oil producer, pumps around 3.8 million barrels per day.
Japan is considering refitting the Izumo helicopter carrier so that it can land U.S. Marines F-35B stealth fighters, government sources said on Tuesday, as Tokyo faces China’s maritime expansion and North Korea’s missile and nuclear development. Japan has not had fully fledged aircraft carriers since its World War Two defeat in 1945.
Crowley Maritime Corporation announced it has restructured its business units as the company aims to increase its focus on government-related business and better align vessel operations and fuel distribution services. Over the coming months, the 125-year-old company will transition its non-liner and logistics business units into three main service lines: Crowley Shipping
The U.S. Coast Guard is coordinating search efforts for a missing man after an explosion on an oil platform in Lake Pontchartrain near Kenner, La., Sunday evening. Coast Guard Sector New Orleans received a report from a witness at approximately 8 p.m. of an oil platform explosion. The cause of the incident is unknown.
Plaquemines and American Patriot Holdings plan new container port-vessel system. Plans are underway for a new 4,200-acre intermodal container terminal within the Port of Plaquemines Harbor and Terminal District. The project, a partnership (Exclusivity Agreement) between the Port and American Patriot Holdings (APH) calls for the development of a logistics system for “vessel operations comprised