While political winds in the U.S. have significantly tampered many ‘green’ projects, Curtin Maritime is domiciled in California, which is globally known for its strict environmental initiatives. To that end, Curtin Maritime inked a contract recently to invest $160m for eight new hybrid-electric tugboats, vessels being built by Snow & Co.
An oil tanker under U.S. sanctions for allegedly transporting Iranian petroleum products has become the latest victim of resurgent Somali piracy when it was boarded off the coast of Yemen and diverted toward Somalia.The Eritrea-flagged Sibu 1 was seized on Thursday by six armed individuals, according to the United Kingdom Maritime Trade Operations (UKMTO).
U.S. transportation has steadily become more efficient through advances in engine technology, infrastructure upgrades and increasingly sophisticated logistics networks.The next wave is different. Automation is turning transportation networks into continuously optimizing systems that consume less energy per unit moved, operate for longer hours
The Australian Federal Police (AFP) and the Australian Border Force have congratulated authorities in French Polynesia over the reported seizure of about 4.87 tonnes of cocaine intercepted in the Pacific Ocean, with the drugs reportedly bound for Australia.AFP Commander Stephen Jay commended the work of the authorities in French Polynesia and said: “AFP members posted in the Pacific and
Samsung Electronics, Hyundai Motor and other major South Korean manufacturers on Sunday unveiled domestic investment plans, as a U.S. trade deal raised concern investment in the U.S. could weaken manufacturing at home.Samsung Electronics will add a chip production line at its plant in the South Korean city of Pyeongtaek to meet rising demand amid the global boom in artificial intelligence