In March, U.S. imports showed signs of recovery, increasing from February. However, the future remains uncertain. New data reveals that wholesale inventories are still high and cargo from China is decreasing. Descartes’ data shows that U.S. imports in March were 1,853,705 twenty-foot equivalent units. This is a 27.5% decrease from the previous year but a […]
coast guard maritime security response team, The United Kingdom has a long and proud maritime history, but also faces many challenges and threats in its waters. From terrorism and piracy to smuggling and pollution, the UK Coast Guard has to be ready to respond to any situation that may endanger lives, ships or the environment. […]
According to the U.S. Department of Transportation, as of September 31, 2021, there were 180 U.S. flag vessels in the oceangoing self-propelled fleet of 1,000 gross tons and above. This fleet includes 79 privately-owned vessels that are engaged in international trade and 101 vessels that are either owned or operated by the U.S. government or […]
On Tuesday, three barges, including one carrying about 1,400 tons of methanol, became stuck against a dam on the Ohio River in Louisville, Kentucky. These three barges were among a group of ten that had broken free from their tugboat around 2 a.m. after colliding with a structure at the entrance to the Portland Canal […]
New York City has announced that it is set to join the ranks of operators utilizing hybrid-electric ferries, with plans to introduce its first public vessel for operation in New York harbor. The city’s mayor, Eric Adams, revealed that a contract has been awarded for the construction of the ferry, which is expected to begin […]
Due to poor performance and critical maintenance issues reported by MSC Shipmanagement, the Australian Maritime Safety Authority (AMSA) has denied entry to the Liberian-flagged containership “MSC KYMEA II” in Australian ports for 90 days. AMSA conducted an inspection of the vessel, which was built in 2006, and identified 21 deficiencies, including defective fire safety systems, […]
Danish Shipping major Maersk has found buyers for its two assets in Russia and they have done deal with IG finance development. Two of its assets one in St. Petersburg and one in Novorossiisk are part of this deal which will make Maersk to completely exit from Russia. Both of them are logistics setups which […]
2M Alliance which started in the year 2015, will end in 2025 (January). Those who are not aware about this alliance, 2m is a partnership between world top shipping operators, MSC and Maersk. It is Vessel Sharing Agreement, which means both companies can load and use each other ships on specific trade routes like ASIA-EUROPE […]
Italy based shipping company Grimaldi Lines, have ordered 5 new 9000 CEU, car carriers from the Chinese Yards. The expected delivery is to be by 2025-2026 and the overall cost of the ships is said to be around 600+ million dollars. It is interesting to know that these vessels will be Ammonia ready, which means […]
In a recent accident happened in maritime sector, a UK pilot named Francesco Galia, died while transfer operations from boat to the merchant ship. The highly skilled pilot lost his and is not the alone incident happened so far. Every year such cases of fatal and non-fatal accidents do happens with the pilots all around […]