The past decade has seen tight restrictions on emissions from vessels, notably with a 2015 move to a .10% sulfur maximum in Emission Control Areas (ECA) in North America and in northern Europe. As the International Maritime Organization (IMO) now shapes shipping’s decarbonization future, shipowners are looking at transitions away from fossil fuels.
The Canadian government on Thursday promised to build two Arctic icebreakers and create hundreds of jobs in two politically influential provinces that will help decide an election considered likely this year.The ruling Liberals, citing the need to boost Canada's Arctic footprint as global warming opens up the region
As the traditional offshore oil and gas markets continue to struggle, the renewable offshore wind market is hot and getting hotter.As the cumulative maritime, offshore, port and logistics marketplace gears up for offshore wind energy on a huge scale, World Energy Reports (WER), in its report “2021 The Year When Offshore Wind Takes Off in the United States,” shows the anticipated growth trajectory.
A Chinese fishing vessel that ran aground and spilled oil off Mauritius has been refloated and detained, local officials said on Thursday. The Lurong Yuan Yu struck a reef facing Pointe-aux-Sables near Port-Louis on Sunday evening in poor weather conditions. A minor oil spill was contained, and the vessel's crew was evacuated by helicopter without reported injuries.
The U.S. Navy seized thousands of weapons from two stateless dhows during a maritime security operation off the coast of Somalia last week.A boarding team from guided-missile destroyer USS Winston S. Churchill’s (DDG 81) discovered the illicit cargo during a flag verification boarding in international waters, and the confiscation took place February 11 and 12.
The inland waterway system, flowing through the United States heartland, is a microcosm of all that has been happening in 2020: trade tensions, infrastructure issues, shifting trends in fuel consumption and the pandemic that has gripped us since the winter months. Shortly after the initial coronavirus outbreak here in the U.S.
The U.S. Navy guided-missile destroyer USS Winston S. Churchill (DDG 81) provided assistance to an Iranian-flagged dhow in distress in the Arabian Sea, October 15.While operating under Combined Maritime Forces (CMF), Churchill received signal from the motor vessel via flashing light that it was in distress.
Since early Spring 2020, American consumers have received a practical education in supply chain operations. One lesson is that it takes more than simply going online and clicking a “Buy Now” button for goods to show-up on our front porches. While the networks and systems that deliver commodities from around the globe might have been stretched as a result of COVID-19 related impacts
Some of the world's biggest commodities and energy players on Wednesday launched an initiative to cut and track emissions from the ships they charter as efforts intensify to reduce the maritime industry's carbon footprint.About 90% of world trade is transported by sea, and the UN shipping agency the International Maritime Organization (IMO) aims to reduce overall greenhouse gas emissions by 50%
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.
The union representing Argentine port-side grain inspectors said on Thursday it had ended a month-long wage strike after reaching a contract deal with export companies that will allow international soy, corn and wheat shipments to return to normal.The deal was struck after a marathon negotiation session with Argentina's private ports chamber on Wednesday.
Argentina's influential chamber of soyoil manufacturers and exporters on Sunday spiced up an offer to striking workers, seeking to end a more than two-week standoff that has bogged down exports from one of the world's main breadbaskets.The CIARA-CEC chamber said it would top up salaries by 35% in 2020, a central demand of the striking workers