Philly Shipyard held a steel cutting ceremony for the fourth in a series of new training ships it is building for the United States' state maritime academies.Scheduled for delivery to the Texas A&M Maritime Academy in Galveston, Texas in 2025, the new National Security Multi-Mission Vessel (NSMV) is being built under a program for the U.S.
Singapore's Sembcorp Marine (Sembmarine) scrapped a deal to merge with Keppel Corp's offshore and marine unit and form new company, in favour of directly buying the unit for S$4.50 billion ($3.19 billion), the Temasek-backed oil rig builder said on Thursday. The new structure also lowers the value of Keppel's unit by S$378 million from the S$4.
Germany may allow China's Cosco to take a smaller stake than originally planned in a Hamburg port terminal, in what an economy ministry source on Tuesday described as an "emergency solution" to approve the deal but mitigate the impact.Shipping giant Cosco made a bid last year to take a 35% stake in one of logistics firm HHLA's three terminals in Germany's largest port
On September 14, 2022, the House Transportation & Infrastructure Committee (T&I Committee), Subcommittee on Coast Guard and Maritime Transportation, held a hearing which indicated a potential revitalization, and new enforcement regime, of U.S.-flag requirements under the Cargo Preference Act of 1954 (the CPA).
It’s amazing to consider that a commercial vessel in the Pacific Ocean, approaching the mouth of the Columbia River, can continue its eastward journey to finally tie up at the Port of Lewiston, in Lewiston, Idaho, America’s most inland West Coast port, 465 miles from the Pacific Ocean.
The U.S. Coast Guard on Tuesday marked the end of the four-year Subchapter M certificate of inspection (COI) phase-in period for U.S.-registered towing vessels. Subchapter M, the United States regulatory code dealing with towing vessels and requirements for towing vessel safety, has officially been in place since July 2016, when the U.S. Coast Guard finalized the long-awaited Sub M rulemaking.
Ohio-based Miller Boat Line has taken delivery of its newest passenger and vehicle ferry Mary Ann Market from Fincantieri Bay Shipbuilding.The ferry left the Sturgeon Bay, Wis. shipyard on July 8 and arrived to her home port Put-in-Bay, on Ohio's South Bass Island, on July 10. The vessel is expected to enter service following its U.S. Coast Guard inspection later this month.
The U.S. Maritime Administration (MARAD) last Friday designated offshore wind vessels as vessels of national interest making them eligible for financial support through the Title XI Federal Ship Financing Program (Title XI). The Federal Ship Financing Program - commonly referred to as "Title XI" based on the part of the Merchant Marine Act of 1936 that established the program - provides for a
The U.S. Department of Transportation announced that Rear Admiral (Rear Adm.) Ann Phillips, USN, Ret., has been confirmed and sworn in as the 20th Administrator of the Maritime Administration (MARAD). Nominated by President Biden on October 21, 2021, Rear Adm. Phillips was confirmed by the U.S. Senate on May 10, 2022. She is the first woman to lead MARAD as administrator.
The U.S. Senate on Tuesday confirmed Ann C. Phillips as Administrator of the U.S. Maritime Administration (MARAD), filling a position that has been left vacant at the Department of Transportation (DOT) since January 2021. Phillips was confirmed by a vote of 75-22.Phillips, a retired U.S.
Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China's intensifying efforts to fight the spread of COVID-19 further rattles global supply chains.The Chinese coastal city, home to some of the world's busiest sea and airports
The queues of container ships outside major Chinese ports are lengthening by the day as COVID-19 outbreaks in manufacturing export hubs threaten to unleash a fresh wave of global supply chain shocks, ship owners, logistics firms and analysts say.China is experiencing its biggest spike in COVID-19 infections since an initial outbreak in the central city of Wuhan was contained in early 2020.