Greece plans to sell majority stakes in four ports as part of a privatization plan agreed with its lenders after the country exited the bailouts in 2018, a document of its privatization agency (HRADF) showed on Tuesday.HRADF will sell majority stakes in the share capital of Alexandroupolis, Igoumenitsa, Heraklion and Volos ports
Health officials for the Caribbean island of St. Lucia furnished 100 free doses of measles vaccine to a Church of Scientology cruise ship placed under quarantine in port after the highly contagious disease was diagnosed on board, the island's chief medical officer said on Thursday.St.
The Brasil Basin Drydock Company (BBDC), a joint venture of McQuilling Services and Promon Engenharia, is setting up an industrial facility that will drydock and repair seagoing merchant vessels up to the largest merchant ships in the world.McQuilling announced the signing of a Protocol of Intention with the government of the state of Paraíba, Brazil, along with Chinese ship repair yard IMC YY.
Fincantieri risks an EU antitrust veto against its bid for Chantiers de l'Atlantique because of the difficulty of addressing regulators' concerns, people familiar with the matter said, in what would be a setback to Italy's industrial ambitions.Italy sees the deal by Europe's largest shipyard as an opportunity to create a European industrial champion in the shipbuilding industry to stave off
U.S. retailers face an estimated $700 million sales hit from the coronavirus and some shipping lines are sending vessels to retrieve empty cargo containers from Los Angeles to prevent further supply disruptions.The extended shutdown of factories in China caused by the virus, travel restrictions on workers and canceled sailings by shipping lines have thrown off the movement of containers
A tugboat captain's Merchant Mariner Credential has been suspended after it was determined that he was operating his vessel under the influence of alcohol during a grounding incident in eastern Virginia.On November 14, 2019, the tugboat Niki Jo C drifted off course and ran aground outside the main channel of the Rappahannock River.
SAL Heavy Lift, a carrier specializing in sea transport of heavy lift and project cargo, announced that it will expand its fleet with three heavy lift vessels with 800t lifting capacity in early 2020.The three vessels - “MV Hanna”, “MV Klara” and “MV Lisa” - will come to serve breakbulk and heavy lift clients on world markets via SALs well known Semi-Liner Service
National Ocean Industries Association (NOIA) Vice President for Government and Political Affairs Tim Charters issued the following statement after the introduction of the Conservation of America’s Shoreline Terrain and Aquatic Life (COASTAL) Act:“It is vital that American offshore energy production promote equity for the states immediately adjacent to these offshore areas.
U.S. furniture company RC Willey Home Furnishings is so concerned that new global clean air rules will cause transport disruption that it brought forward the shipment of arm chairs and sofas from China by two months.The tougher regulations, set by the United Nations shipping agency, the International Maritime Organization (IMO), come into force on Jan 1.
Wednesday, 1 May: Late this afternoon, President Donald Trump met with Congressional leaders from the Senate and House to discuss U.S. Maritime Policy. On the table was the Jones Act. President Trump assured the Congressional leaders that he is not seeking any changes to the Jones Act, nor is he seeking any waivers.
Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most affected areas, such as Italy.While China's draconian steps to stop the spread of the virus are now allowing its economy slowly to come back online
French industrial group specialized in naval defense Naval Group held a steel-cutting ceremony to mark the start of construction on the first-in-class vessel, the French Navy's first defense and intervention frigate (FDI) that is natively protected against cyber threats.The ceremony was led in the presence of the Minister for Armed Forces, Florence Parly