Sea

IMO Strikes Deal on Fuel Emissions, Carbon Fees

Countries in the United Nations’ International Maritime Organization struck a deal April 11 in London on a global fuel emission standard for the maritime sector that will wield a stick against violators and a carrot for vessels burning cleaner fuels, Reuters reported. A majority of countries approved the carbon-curbing measures to help meet the IMO's target to cut net emissions from international shipping by 20 percent by 2030 and eliminate them ... [+]

Senate Bill Targets Organized Retail Theft

A Senate bill was reintroduced April 10 that would establish a “unified, federal response” to the rampant spread of cargo theft by criminals who often operate across state and international borders. The Combating Organized Retail Crime Act, reintroduced by Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) ... [+]

O&G Boosts Port of Corpus Christi to Record Q1

The Port of Corpus Christi moved a record 51.3 million tons of commodities through the ship channel in the first quarter, a 5 percent increase over the year earlier, and driven primarily by increases in crude oil and liquefied natural gas, or LNG, shipments. The result ... [+]

St. Lawrence Seaway Opens Navigation Season

The U.S. Department of Transportation’s Great Lakes St. Lawrence Seaway Development Corp., or GLS, opened its 67th navigation season on March 25. GLS joined partner the Canadian St. Lawrence Seaway Management Corp., or SLSMC, at a ceremony for the opening of the binational waterway, which took ... [+]

Emerger Unveils Cloud-based Logistics Platform

New logistics software provider Emerger on April 8 announced the launch of an all-in-one cloud-based project logistics software platform to empower logistics professionals to save time, increase productivity, and reduce operational cost. Emerger utilizes technology to streamline communication and transactions between shippers and logistics service providers ... [+]

Drewry’s World Container Index Rises 3%

Drewry, the maritime research and consultancy, said its World Container Index rose 3 percent to USUS$2,265 per 40-foot equivalent unit, or FEU, the week of April 10. The latest Drewry WCI composite index is 78 percent below the previous pandemic peak of USUS$10,377 in September 2021 ... [+]

Brownsville Updates Drive Economic Growth

The Port of Brownsville is advancing on more than US$300 million in projects at the port, including creating U.S. operation for Mexican trade. Food manufacturer Westa Inc., the first tenant of the Port of Brownsville’s 118-acre business park, is finalizing the layout for its US$20 million ... [+]

Best Practices Compiled for Maritime Security

Six industry associations, supported by more than 40 maritime stakeholders, have released a consolidated and enhanced publication: Best Management Practices (BMP) for Maritime Security (MS). The industry organizations are BIMCO;  International Chamber of Shipping, or ICS; International Marine Contractors Association or IMCA; the International Association of ... [+]

Drewry’s World Container Index Falls 4%

Drewry, the maritime research and consultancy, said its World Container Index decreased 4 percent to USUS$2,168 per 40-foot equivalent unit, or FEU, the week of March 25. The latest Drewry WCI composite index is 79 percent below the previous pandemic peak of USUS$10,377 in September 2021 ... [+]

Galveston Wharves Provides Projects Update

Galveston Wharves staff and construction contractors have provided updates on five projects totaling US$77.5 million to expand and improve our West Port Cargo Complex. Funding for the projects comes from a US$36 million state grant and port cash reserves, largely generated from our growing cruise business.  Here’s ... [+]

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