U.S. President Donald Trump agreed with Democratic leaders on Tuesday to spend $2 trillion on roads, bridges, water, broadband and power grids, Senate Democratic Leader Chuck Schumer said on Tuesday after a White House meeting.Trump and Democratic leaders are slated to meet again in three weeks to discuss how the "big and bold" plan - which would need the approval of Congress - would be paid for
According to the most recent statistics from VesselsValue.com, published in the December 2018 edition of Maritime Reporter & Engineering News, the U.S.-owned fleet of ships totals 2,702 ships and $47.2 billion.The majority (2,618 ships worth $42.6B) are active now, with 84 vessels worth $4.5B currently on order.Tankers lead the value pack, with a cumulative 460 vessels woth $14B.
One-on-one with Suzanne Beckstoffer, an accomplished engineering leader and business woman, the first woman president in SNAME’s 125 year history.As the Society of Naval Architects and Marine Engineers (SNAME) celebrates its 125th anniversary in 2018, it will celebrate another historical milestone at the start of 2019 when Suzanne M.
The Georgia Port Authority (GPA) has unveiled a $2.5 billion plan to expand the capacity at the Port of Savannah to 8 million TEUs by 2028.GPA Executive Director Griff Lynch at the Savannah State of the Port detailed GPA’s 10-year, $2.5 billion plan to expand the capacity of the nation’s fastest growing and single largest container terminal from 5.
Following the purchase of Transas by Wärtsilä, Transas' ubiquitous CEO Frank Coles will depart the newly merged company, finding a spot on top as the CEO of Wallem Group. Coles offers a diverse background and long career in maritime, spanning law, shipping services and maritime communications.Coles replaces Simon Doughty, who announced his decision to step down earlier this year.
Will your vessel be honored as a “Great Workboat of 2018” in the December 2018 edition of Marine News?Every year, Marine News profiles the most outstanding vessels built in shipyards in North America, recognizing builders, owners and designers as leaders in their field. This edition — the much anticipated end-of-the-year edition — generates much excitement
Will your vessel be honored as a “Great Workboat of 2018” in the December 2018 edition of Marine News?Every year, Marine News profiles the most outstanding vessels built in shipyards in North America, recognizing builders, owners and designers as leaders in their field. This edition — the much anticipated end-of-the-year edition — generates much excitement
The world's no. 3 container shipping line CMA CGM of France has made an exploratory approach to German rival Hapag-Lloyd over a possible merger as players in the sector hunt for tie-ups to beat depressed conditions, finance sources say.Three finance sources with knowledge of the matter, who declined to be named due to market sensitivity
Mr. Jacques R. Saade, founding president of the CMA CGM Group, died on June 24, 2018 at the age of 81, according to the company. Jacques R. Saadé dedicated his life to CMA CGM. An extraordinary visionary and entrepreneur, he made the group into a world leader in the maritime transport of containers, developing the company in more than 160 countries
Each year the August edition of Marine News magazine, the leading voice in the North American workboat market, features the very best 100 leaders and innovators, including workboat owners and operators, builders, OEMs and repairers, and product and service providers.Participation is free, but to be considered you must apply at http://mn100.maritimemagazine.com/.
Shares of small Japanese shippers jumped this week after the historic summit between U.S. President Donald Trump and North Korean leader Kim Jong Un sparked hopes of news business ties with the reclusive country.Japanese retail investors are snatching up shares of the firms that may benefit from a potential thaw between Tokyo and Pyongyang
Each year the August edition of Marine News magazine, the leading voice in the North American workboat market, features the very best 100 leaders and innovators, including workboat owners and operators, builders, OEMs and repairers, and product and service providers.Participation is free, but to be considered you must apply at http://mn100.maritimemagazine.com/.