Zero emission is a nice idea, but who’s going to pay for it? The U.S. EPA is readying big money for zero emission ports.The U.S. Environmental Protection Agency (EPA) is working on two high-profile port initiatives that it hopes will move the needle in a big way towards U.S. ports’ zero emissions (ZE) operations and clean air goals.
On a windswept island 50 miles north of Seattle sits a U.S. Navy monitoring station. For years, it was kept busy tracking whale movements and measuring rising sea temperatures. Last October, the Navy gave the unit a new name that better reflects its current mission: Theater Undersea Surveillance Command.The renaming of the spy station at the Whidbey Island naval base is a nod to a much larger U.S.
Virginia McVea has been named as the next chief executive officer of the U.K. Maritime and Coastguard Agency (MCA) effective April 3, 2023.Damien Oliver has been serving as the MCA's interim CEO since October 2022, following the retirement of the agency's former head Brian Johnson.U.K.
With travel and tourism nearing pre-2020 levels, and transit systems benefiting from a return to work, passenger vessels have seen renewed activity. In its year-end review, John Groundwater, Executive Director of the Passenger Vessel Association (PVA), which advocates for the sector in Washington, D.C.
The November edition of Marine News magazine highlighted the most notable newbuilds delivered in 2022. From sturdy and nimble workboats, to the first new Jones Act laker in a generation, each vessel on display showcases the industry’s engineering prowess and technological ingenuity, with the focus on improving efficiency in operations.
The global offshore wind industry is staring down a potential shortage of foundation installation vessel capacity. A new UK company led by former offshore drilling executive Jon Oliver Bryce intends to help tackle this challenge as the industry’s first pure-play foundation installation vessel (FIV) firm.
It is the Bangladeshi market that has been impressing everybody of late (and for yet another week) with a lot of pent-up demand being realized and even news of some choice purchases at decent numbers on units that have managed to receive L/C approvals.Indeed, we have once again seen levels over $600/LDT in Bangladesh for the first time since the same time last year
Another solid showing from sub-continent markets has given encouragement to ship owners and cash buyers, to start testing potential prices with firm candidates. Indeed, several deals have been concluded off the back of these improved numbers, including one more Capesize bulker at firm levels basis an ‘as is’ Singapore delivery.
The Norwegian company BOA OCV said Monday it had agreed to sell the subsea construction vessel BOA Sub C. The company did not say who the buyer was or what the vessel's sale price was."After completion of closing, BOA OCV expects, over one or several sweeps over the next three months, to distribute approximately 100-120 percent of the current outstanding amount under the Bonds.
A degree of increased positivity has entered recycling markets this week, said GMS, as prices push on in both India (off the back of firming steel and settling currencies) and Bangladesh (off of a rising demand and a currency that has recently found its stability around BDT 105).In fact, a number of sales have reportedly even taken place at increasingly firm numbers
As we close out another year, sub-continent markets remain suspended at their weakest point for some time now. Pricing remains firm (given the historical price average has been around $350/LDT or so), but sentiments and conditions on the ground across all locations remain somewhat precarious.
Insecurity in Ecuador is hurting the Andean country's exports of products like bananas and shrimp, an exporters association said, amid assaults on shipping containers and contamination of shipments with drugs.At least 63 people linked to exports of bananas, shrimp and cacao - the raw material used to make chocolate - were murdered by organized criminal groups in 2022, while another 1