BIMCO: Panama Canal tonnage figures fall
While Donald Trump’s talk of taking back the Panama Canal has been keeping Secretary of State Marco Rubio busy, tonnage through the waterway has recently been falling, says BIMCO. “Between September 2024
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VIDEO: New Ulstein SX250 is an offshore wind cost cutter
Offshore wind farms are currently serviced using crew transfer vessels (CTVs) or helicopters for day operations, and service operation vessels (SOVs) for extended periods. Aiming to reduce costs, Ulstein has developed the
Jones Act and Fagan firing in the spotlight at maritime infrastructure hearing
The House Coast Guard and Maritime Infrastructure Subcommittee held its first hearing under the chairmanship of Subcommittee Chairman Mike Ezell (R.-Miss) on Feb. 5. Entitled “America Builds: Maritime Infrastructure,” the hearing covered
Red Sea woes help Maersk achieve third-best financial year
Red Sea woes have had the effect of blotting up container capacity and one of the largest containership operators of all, A.P. Moller – Maersk, reports strong financial results for 2024 with
VIDEO: Innovative Aikido floating wind solution gains ABS statement of maturity
San Francisco-based Aikido Technologies, one of the winners of Phase One of the U.S. Department of Energies FLOWIN prize, has now gained a statement of maturity from ABS for its innovative floating
Amogy opens office in Korea’s Pangyo Techno Valley
Brooklyn, New York-headquartered ammonia-to-power innovator Amogy has expanded of its operations into South Korea with the opening of an office in the Pangyo Techno Valley tech hub. By establishing this formal presence
WCI promotes Jen Armstrong to VP government relations
Waterways Council Inc. (WCI) has promoted Jen Armstrong from director, government relations, to vice president, government relations. She joined WCI in 2023. “Jen has been an integral part of WCI’s legislative work
Port Halifax wins Green Shipping Corridor funding
Transport Canada has awarded the Port of Halifax, Nova Scotia, up to CAD 22.5 million, under the Green Shipping Corridor Program, to accelerate development of the Halifax – Hamburg green shipping corridor
Fincantieri firms up NCL’s order for its four largest ships yet
Fincantieri reports that the letter of intent that it signed with Norwegian Cruise Lines Holdings (NCLH) in April last year (see earlier story) has been transformed into a firm order for the
NTSB reports on $2M barge strike on Algiers Lock gate
Surging water from the Mississippi River led to a 2023 barge strike on a gate at Algiers Lock in New Orleans, the National Transportation Safety Board says, The NTSB found the surge