Beijing increased its tariffs on U.S. imports to 125% on Friday, hitting back against U.S. President Donald Trump's decision to hike duties on Chinese goods and raising the stakes in a trade war that threatens to up-end global supply chains.China's retaliation intensified the economic turmoil unleashed by Trump's tariffs
Marlink, a specialist in managed services for business-critical ICT solutions, has deployed its Sealink NextGen hybrid network and cyber security solutions across 50 vessels operated by Polish dry bulk carrier Polsteam.The upgrade forms part of Marlink’s ‘possibility platform’ and is designed to support Polsteam’s transition to digitalized shipping operations
Italian power grid operator Terna and its Greek counterpart IPTO signed on Monday a deal worth nearly 2 billion euros ($2.2 billion) on a new undersea electricity interconnector between Italy and Greece.The deal was announced after Italian Prime Minister Giorgia Meloni hosted a summit with her Greek counterpart Kyriakos Mitsotakis at Rome's 17th-century Villa Doria Pamphili
Resolve Marine said it will merge operations, equipment and personnel with the marine division of Construction Solutions International, expanding Resolve Marine Service Centers in the U.S. Gulf region. Construction Solutions International is a regional provider of industrial marine and commercial diving services and supports industries across the Theodore Industrial Canal and West Mobile, Alabama.
Danish shipping company Maersk is testing a blend of Brazilian ethanol with methanol and marine diesel for its vessel engines as part of its efforts to further decarbonize operations, the company announced on Monday.The initiative could open a new market for Brazil's ethanol industry while helping to reduce the maritime shipping sector's carbon footprint
Trafag, a manufacturer of measurement devices, highlights the NAT 8252 Industrial Pressure Transmitter, designed to meet the demands of industrial monitoring and control systems.Engineered with Trafag’s thin-film-on-steel sensing technology, the NAT 8252 ensures stable and precise pressure measurement over time, even in harsh environments.
US ship agency company T. Parker Host (HOST) has acquired Impala Terminals Burnside (Impala Burnside), a bulk facility located in Burnside, LA, at Mile Marker 169 on the East Bank of the Lower Mississippi River.Effective immediately, the site will be renamed Ascension Bulk Terminal.
Secretary of Defense Pete Hegseth and the top U.S. general Dan Caine made a surprise visit to Puerto Rico on Monday, the first trip there by senior Pentagon officials since the start of a military buildup in the Caribbean that has escalated tensions with Venezuela.Hegseth and Caine, the chairman of the Joint Chiefs of Staff, were seen being received by Puerto Rico's governor, Jenniffer Gonzalez
T. Parker Host (HOST), a provider of maritime agency and terminal services across the United States, has acquired Transmarine Navigation Corporation (Transmarine), a West Coast ship agency headquartered in Long Beach, California.The transaction unites two industry pioneers, forming the largest independent tramp ship agency in the United States and expanding HOST’s maritime coverage from coast to
InterManager has collaborated with The Nautical Institute and IMarEST have launched an industry-wide survey which aims to collate feedback from those working on ships about enclosed space risks.The detailed online survey, which can be completed anonymously, asks seafarers to identify what aspects of enclosed space entry present risks for them and questions how involved in safety procedures they
Denmark acknowledged on Thursday it had long neglected the defense of Greenland, a vast and strategically important Arctic island, after President-elect Donald Trump said acquiring the Danish sovereign territory was vital for U.S. security.Trump, who takes office on Jan. 20, said this week that U.S.
The 2024 IMO Award for Exceptional Bravery at Sea has been presented to two sets of nominees: the Captain and crew of the oil tanker Marlin Luanda, for containing a fire after the ship was struck by an uncrewed aerial device; and the Captain and crew of the tugboat Pemex Maya, for their rescue of six shipwrecked persons from four different vessels, during a hurricane.