European automakers are the most likely to be affected by the dockworkers strike at U.S. East Coast and Gulf Coast ports because they rely heavily on those locations, but a longer walkout could prove "debilitating" to the entire sector, industry officials and analysts said.The dockworkers began their first large-scale stoppage in nearly 50 years early on Tuesday
Moose Boats, a boat designer and manufacturer in the San Francisco Bay Area, has delivered an M2-36 catamaran to the Santa Barbara Harbor Patrol.The M2 will serve as both a law enforcement and fireboat responding throughout the Santa Barbara harbor and coastal region.The build features twin 300 HP Suzuki outboards with contra-rotating dual stainless-steel propellers.
Knutsen NYK Carbon Carriers (KNCC), a subsidiary of NYK and Knutsen Group, has obtained Approval in Principle (AiP) from ClassNK for the design of liquified CO2 carriers that stores and transports liquefied carbon dioxide (LCO2) at ambient temperature but elevated pressure.The new carrier uses cargo tank technology developed by KNCC to transport LCO2 in a stable state.
Chelsea Pettengill has been selected to serve as interim Executive Director Maine Port Authority (MPA), taking over for Matthew Burns, who has decided to leave his position at the helm of the MPA to return to the Maine Department of Transportation in a new role.Beginning on September 23, Burns became the Deputy Director of MaineDOT's Office of Freight and Business Logistics.
Electric motor startup H3X on Tuesday announced it has raised $20 million through an oversubscribed Series A round led by Infinite Capital, with participation from Hanwha Asset Management, Cubit Capital, Origin Ventures, Industrious Ventures, Venn10 Capital, and follow-on investors that include Lockheed Martin Ventures, Metaplanet, Liquid 2 Ventures and TechNexus.
Mazda Motor will probably have to temporarily move shipments to another port from Baltimore to avoid delays, the automaker's CEO said in a CNBC interview.The Port of Baltimore ranks first in the U.S. for volume of autos and light trucks and farm and construction machinery handled and a cargo ship crash into the Francis Scott Key Bridge in March has restricted shipments.