What might not be so obvious in this COVID-19 environment, which we have grown to associate with shortages, is that counterintuitively there are issues beginning to appear dealing with the opposite situation. The Journal of Commerce has reported that “[t]he container shipping industry is marshaling a response to signs of a building import backlog as some retailers and manufacturers fail to pick
California’s governor on Thursday asked President Donald Trump to send a U.S. Navy hospital ship to the port of Los Angeles “immediately” as the state braces for an expected surge in the number of coronavirus cases over the next eight weeks.Trump said earlier this week the Navy hospital ships Mercy and Comfort would be pressed into service, one on each coast
U.S. Treasury Secretary Steven Mnuchin said on Sunday officials will have a better idea this week of the total cost of a coronavirus aid package, but predicted it will likely be "significant but not huge."Mnuchin told "Fox News Sunday" he also planned to talk to lawmakers about critical aid to airlines, as well as the hotel and cruise ship industries.
The century-old Amsterdam canal boat Gerarda Johanna looks like a classic with wood paneling, but beneath its floorboards lies a high-tech underbelly: rows of lithium ion batteries, 66 in all, with an electric drive train powering its propeller.The boat is part of a push by Amsterdam’s new Green Party mayor to ban diesel engines from the center’s ancient canals by 2025
The Congress worked hard and most importantly together at the end of the recently-concluded First Session in December to finalize and pass Fiscal Year (FY) 2020 appropriations that included the Energy & Water Development (E&WD) Appropriations bill that funds the U.S. Army Corps of Engineers’ (Corps) work on the nations’ waterways.
It is often difficult to push through the federal government morass to focus on the issues that actually matter to the inland operator. While 2020 inevitably will be a contentious year in American politics, it is critical to stay focused on the items that will have direct impact on the U.S. maritime industry.
The Houston Ship Channel reopened on Tuesday morning after a seven-hour closure to raise a fishing vessel that sank in mid-January near the waterway's entrance in the Gulf of Mexico, according to the Houston ship pilots association.The ship channel, a 53-mile waterway connecting the busiest U.S. petrochemical port with the Gulf of Mexico, reopened at 10:15 a.m.
The end of 2019 promises to be a busy, and potentially discordant, legislative and regulatory period for the United States maritime industry as both Congress and the Executive Branch look to take decisive action, with both positive and negative potential impacts depending on your perspective.
Tankers that had been scheduled to install emissions-cutting equipment ahead of stricter pollution standards starting in 2020 have deferred their visits to the dry docks to capitalize on an unexpected surge in freight rates, three trade sources said.U.S. sanctions on subsidiaries of vast Chinese shipping fleet Cosco in September sparked a surge in global oil shipping rates as traders scrambled
Chicago-based CC Industries acquired Southern Towing Company (STC) from Trive Capital and McCombs Partners. Founded in 1958, STC is one of the largest operators of towboats and barges along the inland waterways of the United States.This acquisition expands CCI’s portfolio of industry-leading businesses, and marks another CCI investment in the transportation equipment and logistics sector.
Mansukh Lal Mandaviya took charge of the Shipping Ministry Friday as Minister of State (Independent charge).A Rajya Sabha (or Council of States is the upper house of the bicameral Parliament of India) member of the ruling political party Bharatiya Janata Party (BJP) from the state of Gujarat, Mandaviya has become Union minister for the second time at the age of 47.
When enough to meet the need is not enough to get the help.From my office window in downtown St. Louis, I can see a dramatic illustration of the inefficiency in how our country moves freight. My office faces east, and I look down on a stretch of Interstate 70, that major east-west highway that runs from Baltimore to Interstate 15 in Utah.