The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced the designation of nine Marine Highway Projects and a Marine Highway Route that will benefit Connecticut, Florida, Michigan, New York, Oregon, Texas, Virginia, Washington State and American Samoa. Marine highways are navigable waterways that can be used as alternate options to traditional shipping methods.
Washington State Ferries will begin the process of converting three Jumbo Mark II vessels from diesel to hybrid-electric power.The government agency that operates automobile and passenger ferry service in the U.S. state of Washington as part of the Washington State Department of Transportation (WSDOT) announced Tuesday the state will receive $35 million from the federal Volkswagen settlement to
Political instability and low credit ratings in emerging economies are putting some shipowners off ordering new floating storage and regasification units (FSRUs), as they shift focus to more mature gas markets.Liquefied natural gas (LNG) demand from emerging markets in Asia, Africa and South America was expected to be boosted by FSRU technologies that are less expensive and time-consuming than
U.S. President Donald Trump blamed Iran on Friday for attacks on two oil tankers at the entrance to the Gulf despite Tehran's denials, stoking fears of a confrontation in the vital oil shipping route.Here are the latest developments:* U.S. President Donald Trump blames Iran for Thursday's attacks and says any bid to close the Strait of Hormuz would not last long* The U.S.