Britain clinched a narrow Brexit trade deal with the European Union on Thursday, just seven days before it exits one of the world’s biggest trading blocs in its most significant global shift since the loss of empire.The deal, agreed more than four years after Britain voted narrowly to leave the bloc
A Gibralter-flagged car carrier rescued three Canadian mariners from their disabled sailing vessel in heavy seas of the North Atlantic Ocean on Saturday.Watchstanders at the U.S. Coast Guard's 5th District Command Center received notification from the Bermuda Rescue Coordination Center that a personal locator beacon was activated
Ports are economic engines for the regions they serve, and the impact from business activities at the Port of New York/New Jersey runs as big as the area it serves: 46 million consumers in a four-hour radius. The port is an economic giant in and of itself, providing for nearly a half a million jobs, a cumulative $35 billion in personal income and a cumulative $98 billion in business income.
Edward Schwarz, Vice President for ABB Marine and Ports, received the United States Merchant Marine Academy’s Rear Admiral Lauren S. McCready Award as the 51st recipient.Edward A. Waryas, Jr., Board Member for NYSE-traded KNOT Offshore Partners, LP as the 43rd recipient of the award and co-chair of the award’s committee made the announcement.The Lauren S.
Mining the ocean floor for submerged minerals is a little-known, experimental industry. But soon it will take place on the deep seabed, which belongs to everyone, according to international law.Seabed mining for valuable materials like copper, zinc and lithium already takes place within countries’ marine territories.
In response to the worldwide COVID-19 pandemic, the Congressional Research Service released a report that stated global economic growth has declined by 3% to 6% in 2020 with a partial recovery predicted for 2021. Also, the GDP of the U.S. has fallen by 5% in the first quarter 2020.
A search is underway to locate a crewmember who reportedly fell overboard from a Malta-flagged liquefied petroleum gas (LPG) carrier 400 miles off Cape Hatteras, N.C.The U.S. Coast Guard said watchstanders received a report that a man overboard had been reported aboard the 225-meter-long Hellas Gladiator.
The U.S. Coast Guard said it medevaced a Maersk containership crewmember injured by an engine room blast that disabled the vessel off the U.S. East Coast.The Coast Guard said watchstanders at its Fifth District command center received a report on Thursday evening that an explosion occurred in the engine room of the Danish-flagged cargo ship Laura Maersk
In the past few weeks, Manila Bay in the Philippines has been transformed into the world’s biggest parking lot for cruise ships, none of which have any guests.More than 20 vessels collectively weighing about 2 million tonnes are clustered off the coast of the capital, awaiting coronavirus clearance for more than 5,300 Philippine staff to return home from abandoned cruises
For several months last year, a steady stream of ships was observed dredging sand in a North Korean bay then transporting it to China, a Washington-based think-tank said on Wednesday.The extraction of sand from North Korea to China would violate a 2017 U.N. Security Council resolution that prohibits North Korea from “supplying, selling, or transferring sand”
There’s a barge full of reasons why many operators turn to ATBs.A mainstay of the U.S. coastwise dirty and refined products trades, articulated tug barges (ATB) have increasingly filled a void left as the fleet of Jones Act tankers (with crew complement requirements exceeding that of tugs) has aged out.
The plight of the cruise ship off Japan with more than 200 coronavirus infections and the shunning of another by five ports despite no known cases has led to a sharp change in tack for an industry in shock: avoid Asia.To that end, many cruises in the region are being cancelled while others currently sailing are being re-routed, skipping originally scheduled stops in China, Hong Kong and Singapore.