The United States’ vast network of navigable inland rivers is vital to the nation’s economy, serving as an aquatic superhighway for the efficient shipment of critical commodities like agricultural goods, energy products, building materials and industrial chemicals to destinations within the U.S. and to deepwater ports for export. The Waterways Council, Inc.
American Cruise Lines introduced its first new Coastal Cat, American Eagle, during a christening ceremony in at the Massachusetts Maritime Academy campus on Buzzards Bay last week.Carol Robertson, wife of American Cruise Lines’ founder the late Charles A. Robertson, served as godmother for the ship and christened the 100-passenger American Eagle with one of her handmade
A 77-year-old fish factory vessel with a checkered history is reportedly leaking ammonia in Tacoma, Wash.The U.S. Coast Guard said on Wednesday it is responding to the incident on board the U.S.-registered Pacific Producer, a 169-foot-long seafood processing vessel with a long string of health, safety and labor violations.
With the world’s largest sovereign wealth fund, Norway’s financial muscle is beyond question. Howev-er, at a corporate level, the country’s capital markets offer a range of benefits to overseas companies seeking equity, debt … or both. Øivind Amundsen is CEO of Oslo Børs and, as you would expect, a strong advocate of the Norwegian capital as a place to raise money for marine-related projects.
Three crew members of a Gabon-registered tanker were missing after the vessel caught fire on Monday in waters off Malaysia's southern coast, Malaysian maritime authorities said.The tanker was on its way from China to Singapore with 28 crew members on board, the Malaysian Maritime Enforcement Agency (MMEA) said, adding that 23 were rescued by the MMEA and by nearby vessels.
I. MoneyNo one ever said it’s easy to understand federal budgets and spending plans. Nevertheless, a general sense of clarity and straightforwardness is critical for any review of public expenditures. This becomes more pressing when tracking revenue and expenditures linked to specific users’ fees, such as the $0.29/gallon fuel tax, paid by inland waterways operators.
Researchers from NOAA, the state of Michigan, and Ocean Exploration Trust discovered an intact shipwreck resting hundreds of feet below the surface of Lake Huron. Located within NOAA's Thunder Bay National Marine Sanctuary, the shipwreck has been identified as the sailing ship Ironton. Well preserved by the cold freshwater of the Great Lakes for over a century, the 191-ft.
Container shipping firms MSC Mediterranean Shipping Company (MSC) and Maersk have mutually agreed to terminate, effective in January 2025, their 2M alliance.2M is a container shipping line vessel sharing agreement (VSA) introduced in 2015 " with the aim of ensuring competitive and cost-efficient operations on the Asia-Europe, Transatlantic and Transpacific trades.
The Malaysian FPSO leasing company Yinson has completed the 16-year contract for FPSO Adoon in Nigeria as the client Addax decided to buy the FPSO.The contract for the FPSO which has been operating at Block OML 123 offshore Nigeria, had an original term of 8 years until 2014, with the option to extend by up to 8 more years until 2022.
New York officials on Tuesday said the state has awarded conditional contracts to three offshore wind projects as part of a massive renewable energy procurement that will provide 12% of the state's power needs in 2030.The announcement, which the state billed as the nation's largest ever investment in offshore wind
Kawasaki Kisen Kaisha (“K” LINE) has chosen Navtor’s NavFleet solution to support its 24/7 global fleet monitoring and support system.Once operational, the facility will help the Japanese maritime logistics company enhance the safety, efficiency and sustainable performance of its inhouse managed fleet.
Port of Aberdeen has welcomed more than 100 vessels working on offshore wind projects to the port so far this year, including the latest arrival of the Blue Tern jack-up installation vessel.Owned by Fred. Olsen Windcarrier, the Blue Tern jack-up is a 151-meter-long, 50-meter-wide vessel equipped with an 800-ton crane, and has recently sailed into the new Aberdeen South Harbour.