The International Chamber of Shipping (ICS), which represents 80% of the world’s merchant fleet, has submitted a proposal to IMO calling for a “fund and reward” system to accelerate the maritime sector’s
The bipartisan leaders of two key House panels have written Secretary of Homeland Security Alejandro Mayorkas expressing their concern over his approvals of recent Jones Act waivers. The letter, which concludes with
AMSC ASA reports that it has entered into a bareboat charter for one of its Jones Act tankers with Philadelphia-headquartered Keystone Shipping Company. The contract commences in December 2022 and has a
Methanol is gaining ground as a fuel choice for newbuild ships and one beneficiary of the trend is MAN Energy Solutions. Hyundai’s shipbuilding division (HHI-SBD) has now ordered six MAN B&W G95ME-C10.5-LGIM
Despite the outrage expressed by U.S. maritime interests over his earlier issue of a “temporary and targeted” Jones Act waiver for Puerto Rico, Secretary of Homeland Security Alejandro Mayorkas approved another such
Under a consortium agreement signed in Seoul today, Hyundai Heavy Industries Group will install a 600 kW high-efficiency solid oxide fuel cell (SOFC) for power generation on a 174,000 cubic-meter LNG carrier
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) last week designated two individuals and three entities for activities related to the exportation of petroleum to the Democratic People’s
A.P. Moller – Maersk (Maersk) reports that it has ordered a further six large ocean-going vessels capable of operation on green methanol. With a nominal capacity of 17,000 TEU each, they will
The World Shipping Council (WSC), the International Chamber of Shipping (ICS), and the Asian Shipowners’ Association (ASA) have made a submission to the European Commission seeking an extension of the Consortia Block
By Andrew Sobko, Founder and CEO of CDL 1000 The world of logistics is quickly evolving and not slowing down any time soon. Consumers want products faster than ever before. The rapid