CMA CGM Group has announced a $20 billion investment to contribute to U.S. maritime economy and support the transformation of America’s domestic supply chain over the next four years.The announcement builds on CMA CGM Group’s 35-year presence in the U.S. Today, the Group operates in 40 states and employs 15,000 Americans. As a leading partner in U.S.
U.S. proposals to hit Chinese vessels with high port fees would have a major impact on all firms in a container shipping industry in which most vessels are built in China, French-based shipping firm CMA CGM said on Friday.The U.S. Trade Representative's office has proposed charging up to $1.5 million for Chinese-built vessels entering U.S.
Three years after bulk carrier MV Wakashio ran aground on a coral reef off Mauritius, spilling 1000 tons of a new type of marine fuel oil, Curtin University-led research has confirmed the oil is still present in an environmentally sensitive mangrove forest close to Ramsar conservation sites.Lead researcher Dr.
Efren Dominico has been a fisherman in the Bay of Manila in the Philippines for 43 years and survived countless storms, but nothing prepared him for the day when an oil tanker sank off the coast in July and cut him off from his livelihood.The motor tanker Terranova capsized and sank off the tow of Limay, on the western side of Manila Bay, carrying 1.
Israel plans to allow more oil tankers to dock at a Red Sea port in Eilat despite environmental risks, as it strives to maintain energy security amid conflict on multiple fronts, according to Israeli officials and government documents.Prime Minister Benjamin Netanyahu's office wants to revoke restrictions on the amount of oil that can be unloaded at a jetty in the city
A containership lost propulsion in a busy New York City waterway just as it was about to pass under the Bayonne Bridge on Friday night—less than two weeks after a presumed power failure caused similarly sized vessel to allide with Baltimore’s Francis Scott Key Bridge.The U.S. Coast Guard said it received a report that the Malta-registered APL Qingdao lost propulsion about 8:30 p.m.
Singapore-based Seatrium has secured a series of major contracts for vessel repairs, upgrades and conversions, set for completion by the end of 2025.With an aggregate value of S$350 million ($259 million), the contracts have reinforced Seatrium’s reputation as a one of the market leaders in vessel repairs, upgrades and conversions.
Efforts to limit environmental damage from a cargo vessel that sank after a Houthi missile strike and another abandoned during a fiery assault are on hold until attacks on ships ease, the United Nations' maritime shipping regulatory agency said on Monday.The UK-owned Rubymar last month became the first vessel lost since the Houthis began targeting commercial ships in the Red Sea area in November.
Petrobras obtained approval from the country's environmental agency to clear corals from the underside of the drilling vessel it plans to use in the Foz do Amazonas region, Reuters reports. Its February 10 request was granted on Monday for the vessel the state-run firm will send to drill off the coast of the northern Amapa state if it obtains a long-sought license to explore the environmentally
GTT, the technology expert in membrane containment systems for the transport and storage of liquefied gases, has signed a service contract with Coral FLNG for Eni-operated Coral Sul FLNG unit.Under the agreement, GTT will provide technical support services to ensure the efficient operation and maintenance of the LNG storage tanks on board of the Coral Sul FLNG.
Speed will be of the essence as salvage crews attempt to stop fuel leaking from the sunken New Zealand naval ship off the coast of Samoa.The HMNZS Manawanui ran aground last weekend on a reef about one nautical mile off the south coast of Upolu, Samoa’s most populated island. The specialist dive and hydrographic vessel was on its third deployment, conducting a reef survey
The Johns Hopkins Applied Physics Laboratory (APL) in Laurel, Maryland, and the U.S. Coast Guard Research and Development Center (RDC) in New London, Connecticut, have signed a comprehensive memorandum of understanding (MOU) to team up on addressing critical technology challenges in national defense and maritime security.