Port of Long Beach Sees Seventh Consecutive Month of Cargo Growth
gCaptain
by Mike Schuler
5h ago
March witnessed an upswing in trade at the Port of Long Beach, marking the seventh month in a row of year-over-year cargo growth. Last month, dockworkers and terminal operators handled ..read more
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New York Fails to Reach Contracts with Three Major Offshore Wind Farms
gCaptain
by Reuters
5h ago
April 19 (Reuters) – A New York state agency on Friday said it had failed to reach final contract agreements with the developers of three major offshore wind projects, blaming a decision by General ..read more
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Firms in Fed’s Beige Book Fret Over Any Lengthy Baltimore Port Closure
gCaptain
by Bloomberg
8h ago
(Bloomberg) — The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis Scott Key Bridge has so far not led to broad price increases ..read more
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Finland Joins World’s Largest Maritime Security Partnership
gCaptain
by Mike Schuler
8h ago
Finland has officially joined the Combined Maritime Forces (CMF), becoming the 43rd member of the world’s largest maritime security partnership. Vice Admiral George Wikoff, the commander of CMF, officially welcomed ..read more
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IMF Revises Down Mideast Growth Outlook on War, Trade Disruptions
gCaptain
by Reuters
8h ago
DUBAI, April 18 (Reuters) – The International Monetary Fund said on Thursday Middle East economies would grow at a slower pace this year than it previously projected as the war in Gaza ..read more
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EU Maritime Emissions Surge Amid Red Sea Diversions
gCaptain
by Mike Schuler
8h ago
New data has revealed a significant increase in the carbon emissions of the European Union’s (EU) marine shipping sector. According to Kayrros, a global leader in emissions tracking, regulated carbon ..read more
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U.S. Department of Energy Commits to Decarbonizing the Maritime Sector by 2050
gCaptain
by Mike Schuler
8h ago
During the Singapore Maritime Week, the U.S. Department of Energy endorsed a strategy to achieve net-zero emissions in the marine transportation sector by 2050. To make this goal a reality ..read more
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Shipping Industry Issues Plea to UN to Protect Maritime Security and Seafarers
gCaptain
by Mike Schuler
8h ago
The global shipping industry has sent an urgent joint letter to the Secretary-General of the United Nations, Antonio Guterres, urging the UN to do more to protect maritime security and ..read more
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Port of Rotterdam’s Throughput Falls Amid Global Tensions
gCaptain
by Mike Schuler
1d ago
Europe’s busiest port, the Port of Rotterdam, saw a decline of 1.4% in its total throughput in the first quarter of 2024 compared to last year. In total, the port ..read more
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Canada Raises Penalties for Maritime Violations
gCaptain
by Mike Schuler
1d ago
Canada’s Minister of Transport, Pablo Rodriguez, has announced a substantial increase in the value of monetary penalties for violations under the Canada Shipping Act, 2001. The maximum penalty has been ..read more
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